Machines & Equipment / Industrial Robots Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: ABB, FANUC, Mitsubishi Electric, Kawasaki Heavy Industries, Bosch Rexroth
Industrial robots Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: ABB, FANUC, Mitsubishi Electric, Kawasaki Heavy Industries, Bosch Rexroth
Over the next five years the Industrial robotsmarket will register a 13.9% CAGR in terms of revenue, the global market size will reach USD 52.86 billion by 2027.
Industrial robots Market Overview
The industrial robots market was valued at USD 24.35 billion in 2020, and is predicted to grow at a CAGR of 13.9% to USD 52.86 billion by 2027. Many essential operations in industries are managed by industrial robots, which play a critical role in manufacturing industrial automation. The growth of e-commerce, electronics, and the automobile industry, among other industries, has been accelerating as a result of regional economic growth.
The latest generation of industrial robots are cheaper, autonomous, more mobile, cooperative, and versatile, resulting in growing demand for robots across diverse industries. According to IFR's World Robotics Report 2020, the number of industrial robots installed worldwide is expected to rise to 584000 by 2020. Product manufacturers are using robots to automate some of the monotonous procedures as demand rises across the globe. Japan is the world's leading producer of industrial robots, accounting for 45 percent of global output, according to the International Federation of Robotics (IFR).
The report aspects discussed the profile of the top manufacturers of the global Industrial robots market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Industrial robots Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Who are the Major Players in Industrial robots Market?
The Industrial robots Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this ABB, FANUC, YASKAWA, KUKA, Mitsubishi Electric, Kawasaki Heavy Industries, Denso Corporation, NACHI-FUJIKOSHI, Seiko Epson, DÜrr, Universal Robots , Stäubli, Comau, B+M SURFACE SYSTEMS, ICR Services , IRS Robotics , Hyundai Robotics, Siasun Robotics, RobotWorx , Techman Robot , Rethink Robotics , FrankaEmika , F&P Robotics , Bosch Rexroth and others.
Industry News:
2022-05-17: ABB's new Robotic Depalletizer solution reduces complexity in logistics while improving efficiency
ABB has launched ‘ABB Robotic Depalletizer’, a solution for handling complex depalletizing tasks in the logistics, e-commerce, healthcare, and consumer packaged goods industries. Using machine vision software, ABB’s new solution can quickly assess a wide variety of box types, enabling customers to efficiently process assorted loads with very little engineering effort and short set-up time.
Industrial robots Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Industrial robots Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.
What are the major Applications, Types and Regions for Industrial robots Market?
By Type, it is segmented into
Articulated Robots
Linear Robots
Cylindrical Robots
Parallel Robots
SCARA Robots
Other
By Applications it is segmented into
Automotive
Chemical and Manufacturing
Construction
Electrical and Electronics
Food and Beverage
Machinery and Metal
Pharmaceutical
Other
Industrial robots Market Regional Analysis
China is expected to have the largest share of the market for these robots in 2021, both in terms of value and volume. This is owing to rising labour costs in APAC, which are forcing companies to automate their manufacturing processes in order to maintain their cost advantage. China's industrial recession is expected to be ended by 2021, while Taiwan and Thailand aim for even more automation. APAC is positioned to maintain a strong market position in the conventional robotics industry in the foreseeable future due to factors such as low manufacturing costs, easy availability of inexpensive labour, lax pollution and safety standards, and the government's push for foreign direct investments (FDIs).
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Industrial robots Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Industrial robots Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Industrial robots Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 13.9% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Industrial robots Report
Evaluate Industrial robots market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Industrial robots market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Industrial robots Market is studied from 2017 - 2027.
What is the growth rate of Industrial robots Market?
The Industrial robots Market is growing at a CAGR of 13.9% over the next 5 years.
Who are the key players in Industrial robots Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
