Industrial Robotics Market Analysis

The industrial robotics market is expected to grow from USD 38.11 Billion in 2016 to USD 71.72 Billion by 2023, at a CAGR of 9.60% during the forecast period. The main objective of the report is to forecast the industrial robotics market size in terms of value and volume for traditional industrial robots and collaborative robots. Further, it includes the detailed information regarding the drivers of the industrial robotics market, such as increase in investments for automation in industries and growing demand from small and medium-scale enterprises in developing countries. It also includes detailed information about restraints, opportunities, and challenges for the industrial robotics market. The study of the value chain of the industrial robotics market is also one of the objectives of the report, which includes information about suppliers and integrators in the value chain of the industrial robotics market.

Years considered for this report:

Base Year: 2016 

Estimated Year: 2017Projected Year: 2023Forecast Period: 2017–2023

Major players in the industrial robotics market ecosystem are identified across regions, and their offerings, distribution channels, and regional presence are understood through in-depth discussions. Also, average revenue generated by these companies, segmented by region, is used to arrive at the overall industrial robotics market size. This overall market size is used in the top-down procedure to estimate the sizes of other individual markets through percentage splits from secondary sources directories, databases (such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource), and primary research. The entire procedure includes the study of annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights.

To know about the assumptions considered for the study, download the pdf brochure

The industrial robotics market ecosystem includes traditional industrial robot and collaborative robot manufacturers such as ABB Ltd. (Switzerland), KUKA AG (Germany), Mitsubishi Electric Corp. (Japan), FANUC Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Yaskawa Electric Corporation (Japan), Seiko Epson Corporation (Japan), Stäubli International AG (Switzerland), NACHI-FUJIKOSHI CORP. (Japan), DENSO CORPORATION (Japan), Comau SpA (Italy), DAIHEN Corporation (Japan), Omron Adept Technologies, Inc. (US), Universal Robots A/S (Denmark), and CMA ROBOTICS SPA (Italy), among others. The ecosystem also includes system integrators such as Dürr AG (Germany) and Artech Automation AS (Norway).

Key Target Audience:

• Original equipment manufacturers (OEMs)

• OEM technology solution providers

• Research institutes

• Market research and consulting firms

• Forums, alliances, and associations

• Technology investors

• Governments and financial institutions

• Analysts and strategic business planners

• End users who want to know more about the technology and the latest technological developments in the industry

The study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2–5 years (depends on the range of forecast period) for prioritizing efforts and investments.

Report Scope:

In this report, the industrial robotics market has been segmented into the following categories:

• Market, by Type:

• Traditional Industrial Robots
• Articulated Robots
• SCARA Robots
• Parallel Robots
• Cartesian Robots
• Others
• Collaborative Robots

• Market, by Industry:

• Automotive
• Electrical and Electronics
• Plastics, Rubber, and Chemicals
• Metals and Machinery
• Food and Beverages
• Precision Engineering and Optics
• Pharmaceuticals and Cosmetics
• Others

• Market, by Geography:

• North America
• US
• Canada
• Mexico

• Europe
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe
• APAC
• China
• Japan
• Republic of Korea
• Taiwan
• Thailand
• India
• Rest of APAC
• RoW
• Middle East and Africa
• South America

• Competitive Landscape

• Company Profiles: Detailed analysis of the major companies in the industrial robotics market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

• Product matrix that gives a detailed comparison of product portfolio of each company.

Company Information

• Detailed analysis and profiling of additional market players (up to 5).