Industrial Robotics Market 2021: Analysis by Product Types & Applications; Industry Top Players, Regions & Indus

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Industrial Robotics Market Growing penetration of Industrial Internet of Things (IIoT) and Artificial Intelligence (AI) in industrial manufacturing is a key factor driving industrial robotics market revenue growth

The Global Industrial Robotics Market Report, published by Emergen Research, offers an -wide assessment of the Industrial Robotics Market, which is inclusive of the most crucial factors contributing to the growth of the Industrial Robotics Market. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2030.

The global industrial robotics market size reached USD 42.35 Billion in 2021 and is expected to register a revenue CAGR of 12.3% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of automation, IIoT, and AI in industrial manufacturing in combination with vision and other sensing systems, which enable robots to execute difficult tasks easily is one of the major factors driving revenue growth of the market. In addition, rapid growth of logistics and supply chain where warehouses and distribution centers are increasing demand for industrial robots owing to high priority for timely delivery as well as efficient and cost-effective manufacturing processes.

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Some Key Highlights From the Report

  • The SCARA robots segment accounted for moderate revenue share in 2021 due to growing need to reduce human efforts and errors in production process. SCARA robots are extensively used for pick-and-place or assembly processes requiring great speed and precision. In comparison, SCARA robot can operate quicker and fulfill optional cleanroom criteria. SCARA robot is suited for applications with a smaller field of action and limited floor space owing to compact design, making it easy to re-allocate in temporary or remote locations. Moreover, provision of mixed-model assembly and customized products, as well as better downstream demand coordination is another factor driving growth of this segment.
  • The material handling segment accounted for largest revenue share in 2021 owing to surge in demand for industrial robots from various industries such as food beverages, electrical electronics, automotive, and pharmaceutical, among others. Handling and transportation of dangerous chemical for humans is highly increasing demand for industrial robots. Both robotic material handling as well as machine tending systems provide reliable delivery of productivity gains in various applications, which is increasing demand for industrial robotics.
  • The electrical electronics segment accounted for a significant revenue share in 2021. High demand for handling complicated consumer electronics, necessitate higher precision during assembly, which is one of the key factors driving revenue growth of this segment. Industrial robots are ideal for large and small electronics companies, which recognize that automation is the key to being globally competitive. It is essential for the electronics industry to have a robot with a soft and accurate arm to handle small and fragile parts. Industrial robots, such as SCARA robots, can achieve this low inertia and excellent precision while producing at high speeds.

Market Scope:

One of the report’s central components is the broad Industrial Robotics market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Industrial Robotics market players.

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Emergen Research has segmented the global industrial robotics market based on type, application, end-user industry, and region:

  • Type Outlook (Revenue, USD Billion; 2019-2030)
    • SCARA robots
    • Cartesian robots
    • Articulated robots
    • Cylindrical robots
    • Collaborative robots
    • Others
  • Application Outlook (Revenue, USD Billion; 2019-2030)
    • Material handling
    • Welding soldering
    • Assembling disassembling
    • Dispensing
    • Processing
    • Others
  • End-User Industry Outlook (Revenue, USD Billion; 2019-2030)
    • Electrical electronics
    • Automotive
    • Plastics, rubber chemicals
    • Food beverages
    • Precision engineering optics
    • Metals machinery
    • Others

Highlights of the TOC: 

  1. Report Overview 
    1.1 Research Scope
    1.2 Key Industrial Robotics market segments
    1.3 Major players
    1.4 Market analysis by product
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends 
    2.1 Global Industrial Robotics market size
    2.2 Latest Industrial Robotics market trends
    2.3 Key growth trends
  3. Competitive Landscape 
    3.1 Global Industrial Robotics market key players
    3.2 Global Industrial Robotics size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Industrial Robotics market
    3.5 Mergers, acquisitions, joint ventures, and strategic alliances

Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Leading Players Profiled in the Report:

ABB, FANUC Corporation, YASKAWA Electric Corporation., DAIHEN Corporation, Mitsubishi Electric Corporation, KUKA, DENSO Corporation, NACHI-FUJIKOSHI CORP, Seiko Epson Corporation, and Panasonic Holdings Corporation.

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Key questions addressed in the report:

  • What are the key factors driving the global Industrial Robotics market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Industrial Robotics market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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