Asia-Pacific continues to lead the Industrial Robotics market share during 2018-2023: APAC is the largest market in 2017 with revenue of $5.66 billion led by the fast-growing Chinese market. This segment is projected to grow to $7.37 billion by 2023 at a 4.6% CAGR as increased awareness and lowering costs drive the Industrial Robotics market. Whereas, Americas is projected to register highest growth rate of 4.8% CAGR followed by APAC and Europe. The economic outlook for Asia-Pacific region is favorable owing to the large economic developments in China and India. The APAC region is forecast to be the fastest growing market for industrial robotics. All the major global players have established their operations in this region. The region is composed of a large number of oil importers and supply chain participants.
Selected / Sample Analysis done in the Industrial Robotics Market Report: Among all the types, the Articulated Robot is dominating the market, which accounted for approximately 68% of the global revenue. This segment is projected to register the highest revenue of $9.13 billion by 2023 from $7.51 billion in 2017 at 3.4% CAGR. Articulated robots have long reached, high speed and larger working envelope. These robots allow a high level of functionality and are the most commonly used robots in next-generation robotics. These robots are used in applications like pick and place tasks, handling jobs, thread fastening, soldering and other similar tasks requiring fast and precise automation.
Excerpts on Market Growth Factors Mentioned in the Industrial Robotics Market Report: The rising demand for applications of industrial robots in the welding and assembling applications especially in the automotive industry is certainly the key driver of the global industrial robot market. The increase in labor costs and the need for efficient production techniques in developing countries are among the key drivers of the industrial robotics market. Advancement in technology combined with increasing need for robotic automation driven by fast, low cost and error-free operation are the major drivers for this market. To access/purchase the full report browse the link below
Key Players of the Industrial Robotics Market: Fanuc Corporation and Yaskawa Motoman are the leading players in the global industrial robotics market accounting for 24% and 21% market share respectively. Fanuc Corporation, a Japan-based manufacturer for industrial robots are the market leader with a wide range of product portfolio and are constantly implementing market strategies to sustain their position in the global market. Recently, Fanuc partnered with technology giant CISCO to embed the latter’s technology in their industrial robots to mitigate any sort of breakdown and maintain their operational efficiency. Fanuc industrial robots would be powered with CISCO embedded technology that would help these devices to communicate properly before any sort of malfunctioning. Industrial Robotics Market Report is Segmented as below. Industrial Robotics Market By Type: Mounted Articulated Robots Four-Axis Six Axis Particularly Articulated SCARA Robots Cylindrical Robots Cartesian or Gantry or Rectangular Arm Robots Delta or Parallel Robots Polar or Spherical Robots Dual Arm Redundant Human-Assist Robots Firefighting Robots Mobile/Cobots/Collaborative Robots By Payload 0-20 KG 20-80 KG 80-300 KG 300-1000 KG 1000-3000 KG Others By Components Manipulator Sensor Devices Robot Tooling RCU – Robot Controller Unit Industrial Robotics Market By Product Type: Welding Laser Welding Arc Welding Gas Welding Spot Welding Other Welding Material Handling Selection & Picking Moving Packaging Palletizing Loading Unloading Cleaning Assembling Industrial Material Removal & Inspection Systems Measurement Inspection Testing Cutting Grinding Polishing Deburring Sanding Drilling Dispensing Robots Painting Gluing Adhesive Sealing Spraying Coating Soldering Ironing Machine Tending Industrial Robotics Market By End User: Automotive & Auto Parts Electrical & Electronics Food & Beverages Metal Fabrication Packaging and Palletization Pharmaceuticals Chemicals Construction Consumer Biotechnology Communication Industrial Robotics Market By Geography ( Covers 20+ Countries ) Industrial Robotics Market Entropy Companies Citied / Interviewed in Industrial Robotics Market
ABB Ltd. Kuka Ag. Denso Wave Inc. Mitsubishi Electric Corp Schunk Gmbh & Co. Kg Nachi-Fujikoshi Corp. Adept Technology, Inc. Aurotek Corporation Kawasaki Robotics Inc. Stäubli International Ag Seiko Epson Corporation (SEIKO Group) Comau Spa. Toshiba Machine Co., Ltd. Company 14+ What can you expect from the Industrial Robotics Market report? The Industrial Robotics Market Report is Prepared with the Main Agenda to Cover the following 20 points: Market Size by Product Categories Market trends Manufacturer Landscape Distributor Landscape Pricing Analysis Top 10 End user Analysis Product Benchmarking Product Developments Merges & Acquisition Analysis Patent Analysis Demand Analysis ( By Revenue & Volume ) Country level Analysis (10+) Competitor Analysis Market Shares Analysis Value Chain Analysis Supply Chain Analysis Strategic Analysis Current & Future Market Landscape Analysis Opportunity Analysis Revenue and Volume Analysis Frequently Asked Questions:
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North America Market for Industrial Robotics Share (2018-2023) Europe Market for Industrial Robotics Growth(2018-2023) Asia-Pacific Market for Industrial Robotics Analysis (2018-2023) Electrical & Electronics Market for Industrial Robotics Insights(2018-2023) Food & Beverages Market for Industrial Robotics Forecast(2018-2023) Metal Fabrication Market for Industrial Robotics (2018-2023) Packaging and Palletization Market for Industrial Robotics (2018-2023) Pharmaceuticals Market for Industrial Robotics (2018-2023) Chemicals Market for Industrial Robotics (2018-2023) Construction Market for Industrial Robotics (2018-2023) Consumer Market for Industrial Robotics (2018-2023) Biotechnology Market for Industrial Robotics (2018-2023) Communication Market for Industrial Robotics (2018-2023) Does IndustryARC provide customized reports and charge additionally for limited customization?
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