Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

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The global robotics market was worth nearly 8 Million Units in 2017, registering a CAGR of more than 23% during the year 2010-2017. The market volume is further projected to cross exceed 23 Million Units by 2023. A robot can be defined as a programmable mechanical device, often equipped with audio, visual, tactile sensors as well as other devices and tools. It is designed to automatically perform a set of tasks with speed, intelligence and accuracy. Robotics has made life much easier and convenient as robots decrease human workload and perform with a higher degree of precision. The use of robotics also enables consumers to increase output level, improve quality and reduce human errors. Additionally, robotics has nowadays become more progressive and autonomous and therefore, finds numerous applications across a number of industries. Some of these include healthcare, defence, aerospace and automotive, where it is used in surgical operations, detecting and defusing bombs, space missions, assembling products and product inspection, respectively.

Global Robotics Market Drivers:

  • Robots can be used in hazardous environment conditions such as toxic environments, uneven terrains, poor lighting, etc., as they are less prone to accidents as compared to human beings. This is mainly the result of controlled movements as well as the ability of robots to lift heavy loads without injury or tiredness which has positively influenced the growth of the market.
  • Over the past few years, governments of various developing regions have been encouraging consumers to shift towards automation for performing different tasks. Apart from this, numerous large manufacturers have also started investing in the R&D activities so as to explore growth opportunities in these markets, thereby contributing towards the propelling growth of the robotics market.
  • Currently, robots are being used across several end-use industries which include healthcare, defence, automotive, etc. The growth in these industries is also supporting the rising demand for robots during the forecast period.
  • At present, consumers are leading busy lifestyles which has given a rise to the dependence upon easy-to-operate automated technologies. In addition to this, as the use of robots is income elastic, rapid rise in disposable income levels of the consumers have enabled them to employ the services of robots. This has further been acting as a growth-inducing factor for the global robotics market.


Robotics Market Forecast

Breakup by Product Type:

The robotics market has been segmented on the basis of different types of products available for the consumers including industrial robotics and service robotics. Currently, industrial robots hold the majority of the share and are further segregated into articulated robots, cartesian robots, scara robots and cylindrical robot.

Regional Insights:

On a regional basis, North America represents the largest market for robotics, followed by Europe, Asia Pacific and Latin America. The growth in North America is due to an increase in the demand for industrial production.

Competitive Analysis:

The global robotics market is highly fragmented in nature with the presence of numerous manufacturers competing in terms of quality and prices. These manufacturers offer industry-specific products in order to gain a competitive edge over other companies and create a niche market for themselves. Some of the leading players operating in the market are:

  • ABB Group
  • KUKA AG
  • FANUC Corporation
  • Yaskawa Electric Corporation


This report provides a deep insight into the global robotics market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the robotics market in any manner.

Key Questions Answered in This Report:

  • How has the global robotics market performed so far and how will it perform in the coming years?
  • What are the key regions in the global robotics market?
  • Which are the popular product types in the global robotics market?
  • What are the various stages in the value chain of the global robotics market?
  • What are the key driving factors and challenges in the global robotics market?
  • What is the structure of the global robotics market and who are the key players?
  • What is the degree of competition in the global robotics market?
  • How are robotics manufactured?

1    Preface
2    Research Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Robotics Market
    5.1    Market Overview
    5.2    Key Market Drivers and Success Factors
    5.3    Market Performance
        5.3.1    Historical and Current Market Trends
        5.3.2    Market Breakup by Product Type
        5.3.3    Market Breakup by Region
        5.3.4    Market Forecast
    5.4    SWOT Analysis
        5.4.1    Strengths
        5.4.2    Weaknesses
        5.4.3    Opportunities
        5.4.4    Threats
    5.5    Value Chain Analysis
    5.6    Porter’s Five Forces Analysis
        5.6.1    Overview
        5.6.1    Bargaining Power of Buyers
        5.6.1    Bargaining Power of Suppliers
        5.6.2    Degree of Competition
        5.6.3    Threat of New Entrants
        5.6.4    Threat of Substitutes
6    Global Robotics Market by Product Type
    6.1    Introduction
        6.1.1    Industrial Robots and Service Robots
        6.1.2    Key Market Trends and Developments
    6.2    Global Industrial Robotics Market
        6.2.1    Market Overview
        6.2.2    Historical and Current Market Trends
        6.2.3    Market Breakup by Type
            6.2.3.1 Articulated Robots
            6.2.3.2 Cartesian Robots
            6.2.3.3 SCARA Robots
            6.2.3.4 Cylindrical Robot
            6.2.3.5 Others 
        6.2.4    Market Forecast
        6.2.5    Trade Data
    6.3    Global Service Robotics Market
        6.3.1    Market Overview
        6.3.2    Historical and Current Market Trends
        6.3.3    Market Breakup by Type
            6.3.3.1 Personal and Domestic Robots Market
            6.3.3.2 Professional Robots Market
        6.3.4    Market Breakup by Applications
            6.3.4.1    Household Applications
            6.3.4.2    Entertainment Applications
            6.3.4.3    Defence Applications
            6.3.4.4    Field Applications
            6.3.4.5    Logistics Applications
            6.3.4.6    Healthcare Applications
            6.3.4.7    Infrastructure Applications
            6.3.4.8    Mobile Platform Applications
            6.3.4.9    Cleaning Applications
            6.3.4.10  Others 
        6.3.5    Market Forecast
7    Global Robotics Market by Region
    7.3    North America
        7.3.1    Market Overview
        7.3.2    Historical and Current Market Trends
        7.3.3    Market Breakup by Product Type
        7.3.4    Market Forecast
    7.4    Europe
        7.4.1    Market Overview
        7.4.1    Historical and Current Market Trends
        7.4.2    Market Breakup by Product Type
        7.4.3    Market Forecast
    7.5    Asia Pacific
        7.5.1    Market Overview
        7.5.2    Historical and Current Market Trends
        7.5.3    Market Breakup by Product Type
        7.5.4    Market Forecast
    7.6    Latin America
        7.6.1    Market Overview
        7.6.2    Historical and Current Market Trends
        7.6.3    Market Breakup by Product Type
        7.6.4    Market Forecast
    7.7    Other Markets
        7.7.1    Market Overview
        7.7.2    Historical and Current Market Trends
        7.7.3    Market Breakup by Product Type
        7.7.4    Market Forecast
8    Competitive Landscape
    8.1    Market Structure
    8.2    Market Breakup by Key Players
    8.3    Key Player Profiles

List of Figures

Figure 4 1: Robots: Basic Components of a Robot and their Functionality
Figure 5 1: Global: Robotics Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 5 2: Global: Robotics Market: Breakup by Product Type (in %), 2017
Figure 5 3: Global: Robotics Market: Breakup by Region (in %), 2017
Figure 5 4: Global: Robotics Market Forecast: Sales Volume (in ‘000 Units), 2018-2023
Figure 5 5: Global Robotics Industry: SWOT Analysis
Figure 5 6: Global Robotics Industry: Value Chain Analysis
Figure 5 7: Global Robotics Market: Porter’s Five Forces Analysis
Figure 6 1: Global Robotics Market: Types of Robots
Figure 6 2: Global: Industrial Robotics Market: Sales Volume (in Units), 2010-2017
Figure 6 3: Global: Industrial Robots Market: Breakup by Type (in %), 2017
Figure 6 4: Global: Articulated Robots Market: Sales Volume (in Units), 2010-2017
Figure 6 5: Global: Articulated Robots Market: Sales Volume Forecast (in Units), 2018-2023
Figure 6 6: Global: Cartesian Robots Market: Sales Volume (in Units), 2010-2017
Figure 6 7: Global: Cartesian Robots Market: Sales Volume Forecast (in Units), 2018-2023
Figure 6 8: Global: SCARA Robots Market: Sales Volume (in Units), 2010-2017
Figure 6 9: Global: SCARA Robots Market: Sales Volume Forecast (in Units), 2018-2023
Figure 6 10: Global: Cylindrical Robots Market: Sales Volume (in Units), 2010-2017
Figure 6 11: Global: Cylindrical Robots Market: Sales Volume Forecast (in Units), 2018-2023
Figure 6 12: Global: Other Robots Market: Sales Volume (in Units), 2010-2017
Figure 6 13: Global: Other Robots Market: Sales Volume Forecast (in Units), 2018-2023
Figure 6 14: Global: Industrial Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 6 15: Global: Industrial Robots Market: Breakup by Type (in %), 2023
Figure 6 16: Global: Industrial Robotics Market: Export Volume Breakup by Country (in %), 2017
Figure 6 17: Global: Industrial Robotics Market: Import Volume Breakup by Country (in %), 2017
Figure 6 18: Global: Service Robots Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 6 19: Global: Service Robots Market: Breakup by Robot Type (in %), 2017
Figure 6 20: Global: Personal and Domestic Robots Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 6 21: Global: Personal and Domestic Robots Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 6 22: Global: Professional Robots Market: Sales Volume (in Units), 2010-2017
Figure 6 23: Global: Professional Robots Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 6 24: Global: Personal and Domestic Robotics Market: Breakup by Applications (in %), 2017
Figure 6 25: Global: Professional Robots Market: Breakup by Applications (in %), 2017
Figure 6 26: Global: Professional Robots Market: Key Segments Market Shares (in %), 2010-2017
Figure 6 27: Global: Service Robots Market: Household Applications: Sales Volume (in ‘000 Units), 2010-2017
Figure 6 28: Global: Service Robots Market: Household Applications: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 6 29: Global: Service Robots Market: Entertainment Applications: Sales Volume (in ‘000 Units), 2010-2017
Figure 6 30: Global: Service Robots Market: Entertainment Applications: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 6 31: Global: Robotics Market: Defence Applications: Sales Volume (in Units), 2010-2017
Figure 6 32: Global: Robotics Market: Defence Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 33: Global: Robotics Market: Field Applications: Sales Volume (in Units), 2010-2017
Figure 6 34: Global: Robotics Market: Field Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 35: Global: Robotics Market: Logistics Applications: Sales Volume (in Units), 2010-2017
Figure 6 36: Global: Robotics Market: Logistics Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 37: Global: Robotics Market: Healthcare Applications: Sales Volume (in Units), 2010-2017
Figure 6 38: Global: Robotics Market: Healthcare Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 39: Global: Robotics Market: Infrastructure Applications: Sales Volume (in Units), 2010-2017
Figure 6 40: Global: Robotics Market: Infrastructure Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 41: Global: Robotics Market: Mobile Platform Applications: Sales Volume (in Units), 2010-2017
Figure 6 42: Global: Robotics Market: Mobile Platform Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 43: Global: Robotics Market: Cleaning Applications: Sales Volume (in Units), 2010-2017
Figure 6 44: Global: Robotics Market: Cleaning Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 45: Global: Robotics Market: Other Applications: Sales Volume (in Units), 2010-2017
Figure 6 46: Global: Robotics Market: Other Applications: Sales Volume Forecast (in Units), 2018-2023
Figure 6 47: Global Service Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 6 48: Global: Service Robots Market: Breakup by Robot Type (in %), 2023
Figure 7 1: Global: Robotics Market: Breakup by Region (in %), 2017
Figure 7 2: North America: Robotics Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 7 3: North America: Robotics Market: Breakup by Product Type (in %), 2017
Figure 7 4: North America: Industrial Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 5: North America: Industrial Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 7 6: North America: Service Robotics Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 7 7: North America: Service Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 7 8: North America: Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 7 9: Europe: Robotics Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 7 10: Europe: Robotics Market: Breakup by Product Type (in %), 2017
Figure 7 11: Europe: Industrial Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 12: Europe: Industrial Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 7 13: Europe: Service Robotics Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 7 14: Europe: Service Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 7 15: Europe: Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 7 16: Asia Pacific: Robotics Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 7 17: Asia Pacific: Robotics Market: Breakup by Product Type (in %), 2017
Figure 7 18: Asia Pacific: Industrial Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 19: Asia Pacific: Industrial Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 7 20: Asia Pacific: Service Robotics Market: Sales Volume (in ‘000 Units), 2010-2017
Figure 7 21: Asia Pacific: Service Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 7 22: Asia Pacific: Robotics Market: Sales Volume Forecast (in ‘000 Units), 2018-2023
Figure 7 23: Latin America: Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 24: Latin America: Robotics Market: Breakup by Product Type (in %), 2017
Figure 7 25: Latin America: Industrial Robotics Market: Sales Volume (in Units), 2018-2023
Figure 7 26: Latin America: Industrial Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 7 27: Latin America: Service Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 28: Latin America: Service Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 7 29: Latin America: Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 7 30: Other Markets: Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 31: Other Markets: Robotics Market: Breakup by Product Type (in %), 2017
Figure 7 32: Other Markets: Industrial Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 33: Other Markets: Industrial Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 7 34: Other Markets: Service Robotics Market: Sales Volume (in Units), 2010-2017
Figure 7 35: Other Markets: Service Robotics Market: Sales Volume Forecast (in Units), 2018-2023
Figure 7 36: Other Markets: Robotics Market: Sales Volume Forecast (in Units), 2018-2023

List of Tables

Table 5 1: Global Robotics Market: Key Industry Highlights, 2017 and 2023
Table 5 2: Global Robotics Industry: Services Offered at the Various Levels of the Value Chain
Table 6 1: Global Industrial Robots Market: Key Industry Highlights, 2017 and 2023
Table 6 2: Global: Industrial Robotics Market: Export Data of Major Countries, 2017
Table 6 3: Global: Industrial Robotics Market: Import Data of Major Countries, 2017
Table 6 4: Global Service Robots Market: Key Industry Highlights, 2017 and 2023
Table 7 1: Global Robotics Market: Regional Highlights, 2017 and 2023


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