Market Overview

Worldwide, the Industrial Robotics Market has been developing at a huge rate throughout the course of recent years and was esteemed at USD 40,379.4 million in 2020 and is supposed to develop at a CAGR of 11.2% during the figure time frame. The worldwide Industrial Robotics market is supposed to observe significant market expansion during the gauge time frame, principally because of expanding industrial mechanization. The development of industrial mechanization has prepared for computer-based intelligence robots, IoT, and other advanced innovations; organizations are utilizing this innovation and robotizing the assembling system, guaranteeing ideal results and high creation. The demand for industrial robotization should be visible across significant areas of the planet. Be that as it may, the reception rates are quicker, particularly in created nations, especially in North America and Europe, where the significant expense and shortage of workforce have empowered quicker reception of Industrial Robotics.

Industrial Robotics are mechanical machines modified to perform assignments in assembling offices. Industrial Robotics can offer better quality and consistency while guaranteeing the most extreme efficiency and security, which has helped the interest in Industrial Robotics among significant end clients. The main consideration driving the development of industrial mechanization is expanding requests from SMEs. Be that as it may, the significant expense of establishment impedes the development of Industrial Robotics in a significant region of the planet, particularly in creating economies.

Market Segmentation

The worldwide Industrial Robotics Market is classified into application, type, and end user.

Based on type, the worldwide Industrial Robotics market is bifurcated into verbalized, cartesian, equal, SCARA, cooperative, barrel-shaped, and others.

In view of the application, the worldwide market has been portioned into material handling, welding, collecting, palletizing, bundling, painting, and others.

In view of end users, the worldwide Industrial Robotics market has been portioned into auto, buyer hardware, aviation and safeguard, plastics, elastic, and synthetics, food and drinks, medical services and drugs, metals and mining, and others.

Regional Insights

In 2020, Asia-Pacific represented the biggest market portion of almost 35.5%, attributable to the cooperative robots are concerned, the increasing expenses of work in the APAC region have caused the SME ventures. The region is supposed to enroll a vigorous CAGR of 12.3% during the gauge time frame. The China is the biggest supporter of the Asia-Pacific market, which represented 56.76% offer in the 2020 monetary year. In 2020, North America held the second-biggest market portion of 26.6%, attributable to the expanded requirement for computerization in non-customary regions, like microelectronics, has expanded the demand of Industrial Robotics. Canada, Mexico among others, are the significant development motors of the North America Industrial Robotics market and is supposed to display the most elevated CAGR development of 10.2% during the conjecture time frame, attributable to the business patrons, for example, auto, buyer hardware, aviation, and safeguard among others in the region.

Major Players

key players in the industrial robotics market are Denso Corporation, ABB Ltd, Kawasaki Heavy Industries, Fanuc Corporation, and Mitsubishi Electric Corporation.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 15

1.1 MARKET ATTRACTIVENESS ANALYSIS 16

2 MARKET INTRODUCTION 17

2.1 DEFINITION 17

2.2 SCOPE OF THE STUDY 17

2.3 RESEARCH OBJECTIVE 17

2.4 MARKET STRUCTURE 18

3 RESEARCH METHODOLOGY 19

4 MARKET DYANMICS 26

4.1 INTRODUCTION 26

4.2 DRIVERS 27

4.2.1 INCREASING INDUSTRIAL AUTOMATION 27

4.2.2 GROWING DEMAND FROM SMES 27

4.3 RESTRAINTS 28

4.3.1 HIGH INSTALLATION COSTS 28

4.4 OPPORTUNITIES 29

4.4.1 INCREASE IN DEMAND FOR LOW-COST PRODUCTION 29

4.5 COVID-19 IMPACT ANALYSIS 29

4.5.1 IMPACT ON SEMICONDUCTOR MANUFACTURERS 29

4.5.2 IMPACT ON COMPONENT MANUFACTURERS 29

4.5.3 IMPACT ON DEVICE MANUFACTURERS 30

4.5.4 COVID-19 IMPACT ON SUPPLY CHAIN DELAYS 30

5 MARKET FACTOR ANALYSIS 31

5.1 VALUE CHAIN ANALYSIS 31

5.1.1 HARDWARE AND COMPONENT MANUFACTURERS 31

5.1.2 SOFTWARE DEVELOPERS 31

5.1.3 SYSTEM INTEGRATORS 32

5.1.4 END USERS 32

5.2 PORTERS FIVE FORCE MODEL 32

5.2.1 THREATS OF NEW ENTRANTS 33

5.2.2 BARGAINING POWER OF SUPPLIERS 33

5.2.3 THREATS OF SUBSTITUTE 33

5.2.4 BARGAINING POWER OF BUYERS 33

5.2.5 INTENSITY OF RIVALRY 33

6 GLOBAL INDUSTRIAL ROBOTICS MARKET, BY TYPE 34

6.1 INTRODUCTION 34

6.2 ARTICULATED 35

6.3 CARTESIAN 35

6.4 PARALLEL 35

6.5 SCARA 35

6.6 COLLABORATIVE 36

6.7 CYLINDRICAL 36

6.8 OTHERS 36

7 GLOBAL INDUSTRIAL ROBOTICS MARKET, BY APPLICATION 37

7.1 INTRODUCTION 37

7.2 MATERIAL HANDLING 38

7.3 WELDING 38

7.4 ASSEMBLING 38

7.5 PALLETIZING 38

7.6 PACKAGING 39

7.7 PAINTING 39

7.8 OTHERS 39

8 GLOBAL INDUSTRIAL ROBOTICS MARKET, BY END USER 40

8.1 INTRODUCTION 40

8.2 AUTOMOTIVE 41

8.3 CONSUMER ELECTRONICS 41

8.4 AEROSPACE & DEFENSE 41

8.5 PLASTICS, RUBBER, AND CHEMICALS 41

8.6 FOOD & BEVERAGES 42

8.7 HEALTHCARE & PHARMACEUTICALS 42

8.8 METALS AND MINING 42

8.9 OTHERS 42

9 GLOBAL INDUSTRIAL ROBOTICS MARKET, BY REGION 43

9.1 OVERVIEW 43

9.2 NORTH AMERICA 46

9.2.1 NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY TYPE, 2018–2030 (USD MILLION) 47

9.2.2 NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 48

9.2.3 NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY END USER, 2018–2030 (USD MILLION) 49

9.2.4 US 50

9.2.5 CANADA 51

9.2.6 MEXICO 53

9.3 EUROPE 55

9.3.1 EUROPE INDUSTRIAL ROBOTICS MARKET, BY TYPE, 2018–2030 (USD MILLION) 56

9.3.2 EUROPE INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 57

9.3.3 EUROPE INDUSTRIAL ROBOTICS MARKET, BY END USER, 2018–2030 (USD MILLION) 58

9.3.3.1 UK 59

9.3.4 GERMANY 60

9.3.5 FRANCE 62

9.3.6 ITALY 63

9.3.7 SPAIN 65

9.3.8 REST OF EUROPE 66

9.4 ASIA-PACIFIC 68

9.4.1 ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY TYPE, 2018–2030 (USD MILLION) 69

9.4.2 ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 70

9.4.3 ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY END USER, 2018–2030 (USD MILLION) 71

9.4.4 CHINA 72

9.4.5 JAPAN 74

9.4.6 INDIA 75

9.4.7 SOUTH KOREA 77

9.4.8 REST OF ASIA-PACIFIC 78

9.5 MIDDLE EAST & AFRICA 80

9.5.1 MIDDLE EAST & AFRICA INDUSTRIAL ROBOTICS MARKET, BY TYPE, 2018–2030 (USD MILLION) 80

9.5.2 MIDDLE EAST & AFRICA INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 81

9.5.3 MIDDLE EAST & AFRICA INDUSTRIAL ROBOTICS MARKET, BY END USER, 2018–2030 (USD MILLION) 82

9.6 SOUTH AMERICA 83

9.6.1 SOUTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY TYPE, 2018–2030 (USD MILLION) 83

9.6.2 SOUTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 84

9.6.3 SOUTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY END USER, 2018–2030 (USD MILLION) 85

10 COMPETITIVE LANDSCAPE 86

10.1 COMPETITIVE BENCHMARKING 87

10.2 VENDOR SHARE ANALYSIS 88

10.3 RECENT DEVELOPMENTS 88

10.3.1 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 88

10.3.2 BUSINESS EXPANSIONS/ACQUISTIONS 90

10.3.3 PRODUCT LAUNCHES/DEVELOPMENTS 90

11 COMPANY PROFILES 95

11.1 ABB 95

11.1.1 COMPANY OVERVIEW 95

11.1.2 FINANCIAL OVERVIEW 96

11.1.3 PRODUCTS OFFERED 97

11.1.4 KEY DEVELOPMENTS 98

11.1.5 SWOT ANALYSIS 99

11.1.6 KEY STRATEGIES 100

11.2 MITSUBISHI ELECTRIC CORPORATION 101

11.2.1 COMPANY OVERVIEW 101

11.2.2 FINANCIAL OVERVIEW 102

11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 103

11.2.4 KEY DEVELOPMENTS 103

11.2.5 SWOT ANALYSIS 104

11.2.6 KEY STRATEGIES 104

11.3 SEIKO EPSON 105

11.3.1 COMPANY OVERVIEW 105

11.3.2 FINANCIAL OVERVIEW 106

11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 107

11.3.4 KEY DEVELOPMENTS 108

11.3.5 SWOT ANALYSIS 108

11.3.6 KEY STRATEGIES 109

11.4 DENSO CORPORATION 110

11.4.1 COMPANY OVERVIEW 110

11.4.2 FINANCIAL OVERVIEW 111

11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 112

11.4.4 KEY DEVELOPMENTS 112

11.4.5 SWOT ANALYSIS 113

11.4.6 KEY STRATEGIES 113

11.5 FANUC CORPORATION 114

11.5.1 COMPANY OVERVIEW 114

11.5.2 FINANCIAL OVERVIEW 115

11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 116

11.5.4 KEY DEVELOPMENTS 117

11.5.5 SWOT ANALYSIS 118

11.5.6 KEY STRATEGIES 118

11.6 OMRON CORPORATION 119

11.6.1 COMPANY OVERVIEW 119

11.6.2 FINANCIAL OVERVIEW 120

11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 121

11.6.4 KEY DEVELOPMENTS 122

11.6.5 SWOT ANALYSIS 123

11.6.6 KEY STRATEGIES 123

11.7 KAWASAKI HEAVY INDUSTRIES, LTD 124

11.7.1 COMPANY OVERVIEW 124

11.7.2 FINANCIAL OVERVIEW 125

11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 126

11.7.4 KEY DEVELOPMENTS 127

11.7.5 SWOT ANALYSIS 128

11.7.6 KEY STRATEGIES 128

11.8 NACHI-FUJIKOSHI CORP 129

11.8.1 COMPANY OVERVIEW 129

11.8.2 FINANCIAL OVERVIEW 130

11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 130

11.8.4 KEY DEVELOPMENTS 132

11.8.5 SWOT ANALYSIS 133

11.8.6 KEY STRATEGIES 133

11.9 KUKA AG 134

11.9.1 COMPANY OVERVIEW 134

11.9.2 FINANCIAL OVERVIEW 135

11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 136

11.9.4 KEY DEVELOPMENTS 137

11.9.5 SWOT ANALYSIS 138

11.9.6 KEY STRATEGIES 138

11.10 YASKAWA ELECTRIC CORPORATION 139

11.10.1 COMPANY OVERVIEW 139

11.10.2 FINANCIAL OVERVIEW 140

11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 140

11.10.4 KEY DEVELOPMENTS 141

11.10.5 SWOT ANALYSIS 142

11.10.6 KEY STRATEGIES 142

11.11 UNIVERSAL ROBOTS A/S 143

11.11.1 COMPANY OVERVIEW 143

11.11.2 FINANCIAL OVERVIEW 143

11.11.3 PRODUCTS OFFERED 143

11.11.4 KEY DEVELOPMENTS 144

11.11.5 SWOT ANALYSIS 145

11.11.6 KEY STRATEGIES 145

11.12 COMAU 146

11.12.1 COMPANY OVERVIEW 146

11.12.2 FINANCIAL OVERVIEW 146

11.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 146

11.12.4 KEY DEVELOPMENTS 148

11.12.5 SWOT ANALYSIS 148

11.12.6 KEY STRATEGIES 149

11.13 CMA ROBOTICS 150

11.13.1 COMPANY OVERVIEW 150

11.13.2 FINANCIAL OVERVIEW 150

11.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 150

11.13.4 KEY DEVELOPMENTS 150

11.14 ST ROBOTICS 151

11.14.1 COMPANY OVERVIEW 151

11.14.2 FINANCIAL OVERVIEW 151

11.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 151

11.14.4 KEY DEVELOPMENTS 151

11.14.5 SWOT ANALYSIS 152

11.14.6 KEY STRATEGIES 152

11.15 YAMAHA MOTOR CO., LTD 153

11.15.1 COMPANY OVERVIEW 153

11.15.2 FINANCIAL OVERVIEW 153

11.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 154

11.15.4 KEY DEVELOPMENTS 154

11.15.5 SWOT ANALYSIS 155

11.15.6 KEY STRATEGIES 156

The post Industrial Robotics Market Research Report Forecast Till 2030 first appeared on CRI Report.

Product Overview
Industrial robot is an automatic robot system used for the purpose of manufacturing in various companies. These are programmable mechanical devices capable of performing repetitive and dangerous tasks eliminating the human workforce ensuring higher accuracy. Robots comprise of machine vision sub-systems that act as their visual sensors that are connected to powerful controllers, used for more precise directions. Industrial robots could be characterized into Gantry Robots, SCARA Robots, Cartesian Robots, Articulated Arm Robots, Human Assist Robots depending upon the type of application and tasks to be performed in different industries. Robotics also provides software programming, recommendations, and training along with information and resources for the companies to design systems, determine low-cost solutions, or provide retrofitting of the used systems of application.

Market Highlights
Global Industrial Robotics Market is expected to project a notable CAGR in 2030.
Global Industrial Robotics Market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of XX% throughout the forecast period, i.e. 2020-30. Global Industrial Robotics Market is expected to observe growth in the future due to its advanced technologies offering a reduction in costs, increased rate of operations, improved quality, and manufacturing efficiency to the industries. The incorporation of Artificial Intelligence such as the development of self-programming robots and deep learning is expected to accelerate the growth of the industrial robotics market.

Recent Highlights in Global Industrial Robotics Market
In October 2019, ABB (Switzerland) announced investment in Shanghai, China worth USD 150 million for setting up an advanced robotics factory to manufacture robots that would be operational by the end of 2020.

Global Industrial Robotics Market: Segments
Articulated Robots segment to grow with the highest CAGR during 2019-30
Global Industrial Robotics Market is segmented by product type into SCARA Robots, Articulated Robots, Human-Assist Robots, Cartesian Robots. The articulated Robots segment held the largest market share of XX.X% in the year 2018 and is anticipated to dominate the global market throughout the forecast period. Articulated robots hold diverse uses such as assembling and packaging, welding, painting, palletizing, etc., and are not limited to move along a corresponding coordinate axis and have a flexible movement allowing them to perform complex tasks.

Handling segment to grow with the highest CAGR during 2019-30
Global Industrial Robotics Market is segmented by application into Handling, Dispensing, Welding and Soldering, Assembling & Disassembling and Others. The material Handling segment held the largest market share of XX.X% in the year 2019 and is expected to maintain this trend throughout the forecast period.

Automotive segment to grow with the highest CAGR during 2019-30
Global Industrial Robotics market is also segmented by end-users into Food and Beverage, Automotive, Healthcare and Pharmaceuticals, Electrical & Electronics, and Others. Automotive segment held the largest market share of XX.X% in the year 2018 and is anticipated to grow with the highest CAGR throughout the forecast period. Automotive industry is the largest user of industrial robots for manufacturing and assembling components such as chassis, engines, brakes, etc. Healthcare and pharmaceutical segment is also expected to witness growth since robotics applications enable us to work in sterile environments eliminating the possibility of contamination from environment or humans at the time of component transfer.

Market Dynamics
Drivers
Automation and mounting industrialization
Government bodies and industries are implementing significant schemes for promoting advanced manufacturing technology by introducing automation which has simplified the production process and mostly eliminated the use of human labor in performing various operations, thus, leading to a fall in the costs of production. Rapid industrialization has also fostered the growth of the industrial robotics market.

Dearth of skilled workforce
Shortage of skilled workforce leads to higher labor costs which have encouraged industries to adopt industrial robotics solutions that tend to reduce their labor costs and offer high efficiency, productivity and profits. Tasks that face difficulty to be performed by human workforce favor the adoption of industrial robotics since it simplifies the operation and increases productivity.

Restraints
High Investment Costs
Higher installation and investment costs are incurred for the functioning of industrial robots in various industries which is a key restraining factor for the growth of the industrial robotics market.

Impact of Covid-19 on Industrial Robotics Market
The implementation of lockdown throughout the world has caused disruption of activities among various industries which has hampered the growth of the industrial robotics market. Automotive industry majorly makes use of industrial robots in manufacturing and assembling processes of engines, axles, chassis, etc., pandemic has slowed down the production process considerably reducing consumer demand as a result of which a fall in the investment by vehicle manufacturers is anticipated to affect the industrial robots’ market. Shortage of skilled laborers due to the spread of coronavirus has encouraged manufacturers to turn to automation which would reduce the manufacturing costs, but high installation and investment costs are incurred for the functioning of industrial robots in various end-use industries which have adversely impacted the industrial robotics market.

Global Organic Market: Key Players
YASKAWA
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
FANUC
KUKA
Mitsubishi Electric
ABB (Switzerland)
NACHI-FUJIKOSHI (Japan)
Dürr (Germany)
Omron Adept (US)
DENSO (Japan)
Other Prominent Players
Global Industrial Robotics Market: Regions
Global Industrial Robotics market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Industrial Robotics market in Asia Pacific region held the largest market share of XX.X% in the year 2018 due to rising automation majorly in manufacturing industry. Additionally, rising disposable income and population of the economy have led to an increase in consumer demand and consumption, subsequently led to a rise in the production capacity that could be enhanced with the use of robots in industrial applications.

Global INDUSTRIAL ROBOTICS market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Industrial Robotics market report also contains analysis on:
Industrial Robotics Market Segments:
By Product Type
SCARA Robots
Articulated Robots
Human-Assist Robots
Cartesian Robots
By Application
Handling
Dispensing
Welding and Soldering
Assembling & Disassembling
Others
By End-Users
Food and Beverage
Automotive
Healthcare and Pharmaceuticals
Electrical & Electronics
Others
Industrial Robotics Market Dynamics
Industrial Robotics Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

The post Global Industrial Robotics Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030 first appeared on CRI Report.