Global Industrial Robotics Market Research Report 2022
Industrial robots can be classified into many types such as material handling, welding, assembling, painting, and for other purposes based on their area of application. Major demand will increase from companies in sectors such as automotive, electrical and electronics, chemicals, food and beverages (F&B), and industrial machinery.
Market Analysis and Insights: Global Industrial Robotics Market
Due to the COVID-19 pandemic, the global Industrial Robotics market size is estimated to be worth US$ 41270 million in 2022 and is forecast to a readjusted size of US$ 63340 million by 2028 with a CAGR of 7.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Articulated Robots accounting for % of the Industrial Robotics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
In terms of geography, APAC is expected to hold the largest share of the industrial robotics market between 2018 and 2023. The key driver the industrial robotics market is the low cost of production, enabling various manufacturers to set up their manufacturing units in APAC, especially in countries such as China, Korea, and India. Automating the plant capabilities is another key trend adopted by manufacturers, which has boosted the demand for industrial robots in the APAC region.
Global Industrial Robotics Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Robotics Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Articulated Robots
Parallel Robots
SCARA Robots
Cylindrical Robots
Cartesian Robots
Segment by Application
Automotive
Electrical and Electronics
Chemical, Rubber and Plastic
Metal and Machinery
Food, Beverages and Pharmaceuticals
Others
By Company
FANUC(Japan)
KUKA(Germany)
ABB(Switzerland)
Yaskawa (Motoman)(Japan)
Nachi(Japan)
Kawasaki Robotics(Japan)
Comau(Italy)
EPSON Robots(Japan)
Staubli(Switzerland)
Omron Adept Technologies(US)
DENSO Robotics(Japan)
OTC Daihen(Japan)
Panasonic(Japan)
Toshiba(Japan)
Mitsubishi Electric(Japan)
Yamaha(Japan)
Universal Robots(Denmark)
Hyundai Robotics(Korea)
Robostar(Korea)
Star Seiki(Japan)
CLOOS(Germany)
IGM(Australia)
JEL Corporation(Japan)
Foxconn(Foxbot)(China)
Siasun(China)
Anhui EFORT(China)
Estun Automation(China)
Guangzhou CNC(China)
STEP Electric(China)
Codian Robotics(Netherlands)
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Industrial Robotics Market
Due to the COVID-19 pandemic, the global Industrial Robotics market size is estimated to be worth US$ 41270 million in 2022 and is forecast to a readjusted size of US$ 63340 million by 2028 with a CAGR of 7.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Articulated Robots accounting for % of the Industrial Robotics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
In terms of geography, APAC is expected to hold the largest share of the industrial robotics market between 2018 and 2023. The key driver the industrial robotics market is the low cost of production, enabling various manufacturers to set up their manufacturing units in APAC, especially in countries such as China, Korea, and India. Automating the plant capabilities is another key trend adopted by manufacturers, which has boosted the demand for industrial robots in the APAC region.
Global Industrial Robotics Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Robotics Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Articulated Robots
Parallel Robots
SCARA Robots
Cylindrical Robots
Cartesian Robots
Segment by Application
Automotive
Electrical and Electronics
Chemical, Rubber and Plastic
Metal and Machinery
Food, Beverages and Pharmaceuticals
Others
By Company
FANUC(Japan)
KUKA(Germany)
ABB(Switzerland)
Yaskawa (Motoman)(Japan)
Nachi(Japan)
Kawasaki Robotics(Japan)
Comau(Italy)
EPSON Robots(Japan)
Staubli(Switzerland)
Omron Adept Technologies(US)
DENSO Robotics(Japan)
OTC Daihen(Japan)
Panasonic(Japan)
Toshiba(Japan)
Mitsubishi Electric(Japan)
Yamaha(Japan)
Universal Robots(Denmark)
Hyundai Robotics(Korea)
Robostar(Korea)
Star Seiki(Japan)
CLOOS(Germany)
IGM(Australia)
JEL Corporation(Japan)
Foxconn(Foxbot)(China)
Siasun(China)
Anhui EFORT(China)
Estun Automation(China)
Guangzhou CNC(China)
STEP Electric(China)
Codian Robotics(Netherlands)
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Please Select a Format
