Market Overview:

The global industrial robotics market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Industrial robotics refers to automated machines that are programmed to perform production-related tasks in industrial environments. Parallel, articulated, linear, cylindrical and selective compliance articulated robot arms (SCARA) are some commonly available industrial robotic systems. They are widely used for painting, welding, packaging, labelling, palletizing, testing and inspecting industrial products. Industrial robotics are also used for mechanical cutting, grinding, deburring, adhesive sealing, spot welding and material handling. They aid in increasing production, enhancing quality consistency, reducing wastage, improving safety, optimizing space and time resources and improving the efficiency of manufacturing and production processes. As a result, industrial robotics are widely used across various industries, such as pharmaceuticals, construction, automotive, chemical, manufacturing and food and beverage (F&B).

Industrial Robotics Market Trends:

Significant growth in the automotive industry across the globe is creating a positive outlook for the market. In line with this, industrial robotics are widely used in painting, welding, quality inspection and assembling components, such as door handles, pumps and windshield wipers. Additionally, the widespread product adoption in the food industry due to the increasing consumer demand for ready-to-eat (RTE) and packaged food products is favoring the market growth. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and big data solutions, are providing an impetus to the market growth. They assist in managing supply chains, handling products, and monitoring accuracy, production and performance. Various product innovations, such as the introduction of collaborative robots that enhance production output, safety, flexibility in the human environment and perform repetitive work at a faster pace is positively impacting the market growth. Apart from this, the advent of smart factory systems, rising expenditure capacities of consumers, particularly in emerging economies, and the implementation of various government initiatives for the development of intelligent robots are anticipated to drive the market toward growth further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial robotics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, function and end use industry.

Breakup by Type:

• Articulated Robots
• Cartesian Robots
• SCARA Robots
• Cylindrical Robots
• Parallel Robots
• Others
   

Breakup by Function:

• Soldering and Welding
• Materials Handling
• Assembling and Disassembling
• Painting and Dispensing
• Milling, Cutting and Processing
• Others
   

Breakup by End Use Industry:

• Automotive
• Electrical and Electronics
• Chemical, Rubber and Plastics
• Machinery and Metals
• Food and Beverages
• Precision and Optics
• Pharmaceutical
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., DAIHEN Corporation, DENSO Corporation, FANUC, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., OMRON Corporation, Panasonic Corporation, Seiko Epson Corporation, Universal Robots A/S (Teradyne Inc.), Yamaha Motor Co. Ltd. and Yaskawa Electric Corporation.

Report Coverage:

Key Questions Answered in This Report:

• How has the global industrial robotics market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global industrial robotics market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the function?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global industrial robotics market and who are the key players?
• What is the degree of competition in the industry?