Industrial Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical, Parallel), Application (Automotive, Electrical and Electronics, and Metal and Machinery), Component (Controller, Sensors, Drive), and Geography - Analysis & Forecast to 2022

Published: February 2016
No. of Pages: 134
    ReportsandReports

The use of industrial robots is expected to grow exponentially in the future as their use leads to cost reduction, improved quality, increased production, and enhanced workplace health and safety. The global industrial robotics market is expected to reach USD 79.58 billion by 2022, growing at a CAGR of 11.92% between 2016 and 2022.The main drivers of this growth are the adoption of automation to ensure quality production and meet market demand as well as the growing demand from small- and medium-scale enterprises in developing countries. However, the lack of skilled force to work in the automated manufacturing units is one of the main restraints of the industrial robotics market.

“APAC to grow at the highest CAGR during the forecast period”

The industrial robotics market in APAC is segmented into countries such as China, Japan, India, Taiwan, South Korea, and Rest of APAC. Given the availability of labor and low cost of manufacturing, many global players are setting up their manufacturing facilities in countries such as China and India. Moreover, low-cost collaborative industrial robots are gathering much traction from the small- and medium-scale enterprises, which would enable the collaborative industrial robotics market to grow at a prominent rate.

“Sensors market is expected to grow at the highest CAGR among all industrial robotics components”

The controller is the major component of industrial robotics systems; it acts as the brain of robotic system which gives commands to carry out the required task efficiently. The market for the controller component held the largest share in 2015.However, the market for the sensors component is expected to grow at the highest CAGR between 2016 and 2022 owing to the advancement in technologies and implementation of artificial intelligence for making robotic systems smarter.

Breakdown of profile of primary participants:

  • By Designation: C level—10%, Director level—40%, Others—50%
  • By Region: North America—60%, Europe—25%, APAC—10%, RoW—5%

The opportunity for industrial robots lies in the increase in demand for low-cost robots working collaboratively with humans, which would increase the safety and productivity. The major players in industrial robotics market are ABB Ltd. (Switzerland), KUKA AG (Germany), FANUC Corp. (Japan), Yaskawa Electric Corp. (Japan), and Kawasaki Heavy Industries Ltd. (Japan) among others.

Reasons to Buy the Report:

  • This report includes the market statistics pertaining to type, component, vertical, and geography along with their respective market sizes.
  • The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the global industrial robotics market.
  • Major drivers, restraints, challenges, and opportunities for the industrial robotics market have been detailed in this report.
  • Illustrative segmentation, analysis, and forecast for markets segmented on the basis of on type, component, vertical, and geography have been conducted to give an overall view of the global industrial robotics market.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1166


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • Europe Laboratory Reagent Dispenser Market Report 2016

    Notes: Sales, means the sales volume of Laboratory Reagent Dispenser Revenue, means the sales value of Laboratory Reagent Dispenser This report studies sales (consumption) of Laboratory Reagent Dispenser in Europe market, especially in Germany, ...

  • Europe Garden Sprayers Market Report 2016

    Notes: Sales, means the sales volume of Garden Sprayers Revenue, means the sales value of Garden Sprayers This report studies sales (consumption) of Garden Sprayers in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and ...

  • Europe Bucket Wheel Suction Dredger Market Report 2016

    Notes: Sales, means the sales volume of Bucket Wheel Suction Dredger Revenue, means the sales value of Bucket Wheel Suction Dredger This report studies sales (consumption) of Bucket Wheel Suction Dredger in Europe market, especially in Germany, ...

  • Global Wood Splitters And Cutters Market Professional Survey Report 2016

    Notes: Production, means the output of Wood Splitters And Cutters Revenue, means the sales value of Wood Splitters And Cutters This report studies Wood Splitters And Cutters in Global market, especially in North America, Europe, China, Japan, So...

  • Global Smart Motors Market Professional Survey Report 2016

    Notes: Production, means the output of Smart Motors Revenue, means the sales value of Smart Motors This report studies Smart Motors in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, r...

  • Global Horizontal Plastic Injection Molding Machine Market Professional Survey Report 2016

    Notes: Production, means the output of Horizontal Plastic Injection Molding Machine Revenue, means the sales value of Horizontal Plastic Injection Molding Machine This report studies Horizontal Plastic Injection Molding Machine in Global market,...

  • Global Dental CAD/CAM Scanners Market Professional Survey Report 2016

    Notes: Production, means the output of Dental CAD/CAM Scanners Revenue, means the sales value of Dental CAD/CAM Scanners This report studies Dental CAD/CAM Scanners in Global market, especially in North America, Europe, China, Japan, Southeast A...

  • Global Wheel Weight Market Professional Survey Report 2016

    Notes: Production, means the output of Wheel Weight Revenue, means the sales value of Wheel Weight This report studies Wheel Weight in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, r...

  • China Water Pump for Boat Market Research Report 2016

    Notes: Sales, means the sales volume of Water Pump for Boat Revenue, means the sales value of Water Pump for Boat This report studies Water Pump for Boat in China market, focuses on the top players in China market, with capacity, production, pri...

  • United States Walk-behind Roller Market Report 2016

    Notes: Sales, means the sales volume of Walk-behind Roller Revenue, means the sales value of Walk-behind Roller This report studies sales (consumption) of Walk-behind Roller in United States market, focuses on the top players, with sales, price,...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: