Industrial Robots Market

Industrial Robots Market: Parallel Robots and Cartesian Robots to Remain Sought-after among Products: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2026)

  • 2017-11-27
  • REP-GB-948
  • 170 pages
  • PDF PPT EXCEL
 Industrial Robots Market

An Incisive, In-depth Analysis on the Industrial Robots Market

This study offers a comprehensive, 360 degree analysis on the Industrial Robots market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Industrial Robots market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

An industrial robot is referred to multipurpose, programmable & reprogrammable, manipulative, and automatically controlled machine employed in various industrial processes such as product inspection, assembly, and packaging. Several types of industrial robots including articulated, SCARA, parallel, Cartesian, and cylindrical robots, have been deployed across manufacturing facilities globally.

Market Vendors are Focusing on Provision of Complete Robotic Solutions

Robots have become an increasingly efficient workforce, when it comes to repetitive and dangerous tasks, such as grinding and de-burring. In a bid to reduce operational costs and comply with government scrutiny, adoption of robots has witnessed a surge in heavy industries. This has further led end-users in attaining operational flexibility, which is require to address different product requirements. Over the past few years, several startups have emerged, and are offering customized robotic solutions. Vendors of industrial robots are focusing on the provision of complete robotic solutions to handle all types of processes ranging from material handling to assembling.

Several research initiatives related to industrial robots, such as the European Union’s R&D program called the Horizon 2020, are expected to lead towards technological developments and innovations in the industry. In addition, growing M&A activities are likely to have huge influence on expansion of the industrial robots market. One great example of this is the acquisition of mechatronic systems company - Gomtec by ABB Limited, for increasing its product portfolio and market reach.

In terms of volume, the global industrial robots market will register a CAGR of over 15% throughout the forecast period (2017-2026), as projected by Future Market Insights’ (FMI) recently published report. Global volume sales of industrial robots are estimated to exceed 8,500 Mn units by 2026-end.

APEJ to Remain Largest Market for Industrial Robots

Growing popularity of smart factories in Asia-Pacific excluding Japan has entailed implementation of high standards for quality and precision of products, which in turn is propelling the adoption of industrial robots in the region. APEJ will continue to be the largest market for industrial robots, in terms of volume. However, Japan is anticipated to be the fastest expanding market for industrial robots, followed by Middle East & Africa (MEA) and Europe.

Parallel robots and Cartesian robots will continue to be sought-after among products, in terms of volume. However, sales of Cartesian robots will reflect a slightly higher CAGR than that of parallel robots through 2026. Adoption of articulated robots has surged across various industrial applications including welding, painting, machine tending, grinding, and polishing, owing to their characteristics such as increased speed, reliability, payload capacity, and larger work envelope. Sales of these robots will also witness an impressive expansion through 2026.

Industrial Robots to Find Largest End Use in Automotive Sector

Increased demand for passenger cars, with subsequent requirement for their inspection has resulted into a boom in the automotive sector, which in turn has boosted adoption of industrial robots in this sector. Currently, the automotive industry is where industrial robots find the largest end use in terms of volume, and the trend is projected to continue throughout the forecast period. In contrast, demand for industrial robots for end use in the food & beverages sector will remain sluggish in the global market.

Painting & dispensing will continue to be the fastest expanding application of industrial robots, followed by material handling. However, number of robots sold for application in material handling and welding & soldering applications will remain relatively higher in the market.

On the basis of technology, although semi-automatic industrial robots will remain dominant in the market in terms of volume, sales of automatic industrial robots will exhibit a relatively higher CAGR through 2026.

Competition Tracking

Key market players identified by the report include Denso Corporation, Kawasaki Heavy Industries, Brenton, LLC, Krones AG, Mitsubishi Electric Corporation, YASKAWA Electric Corporation, KUKA AG, Fanuc Corporation, and ABB Limited.

Future Market Insights (FMI) has recently published an unbiased, comprehensive, and insightful report, titled “Industrial robots Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)”. The report examines the global industrial robots market in detail, extensively covering the key market dynamics.

The report provides its readers with information about key trends influencing growth of the global industrial robots market. Data exploration across different market parameters is done, for deducing volume sales of industrial robots across the globe. The report also delivers information about the global industrial robots market’s competition landscape, profiling major market participants in detail.

Report Summary

FMI’s report on the global industrial robots market is represented in a systematic manner, enabling readers to gain a firm foothold in the market, by considering all intricacies regarding analysed segments in an easy-to-understand format. Beginning with a chapter on the global industrial robots market’s executive summary, the report gives a snapshot of the market, coupled with the definition of “industrial robots”, and a brief market introduction. An overview of global industrial robots market has also been offered after the executive summary, with significant & relevant market numbers including historical CAGR (2012-2016), and forecast CAGR (2017-2026).

The executive summary also delivers information related to lucrative markets in terms of fastest expansion, and largest volume share. Following chapters in the report offer information about pricing analysis, cost structure, product life cycle, supply chain analysis, and supplier list. The presence of leading industries that are operating actively in global industrial robots market is portrayed via an intensity map.

Market Taxonomy

The global industrial robots market report moves ahead toward evaluation of the global industrial robots market that is done via a segmentation analysis. Market numbers pertaining to the segmentation analysis are offered in terms of year-on-year growth comparison, market share comparison, and volume comparison. Specific chapters in the report provide insights based on the regional analysis of the market, which highlights prominent countries included under the regional segments. Global market for industrial robots is divided based on regions into Middle East & Africa (MEA), North America, Latin America, Asia-Pacific excluding Japan (APEJ), Japan, and Europe.

Region

Product Type

End Use

Applications

Technology

  • North America
  • Articulated Robots
  • Automotive
  • Material Handling
  • Automatic
  • Latin America
  • SCARA Robots
  • Electrical & Electronics
  • Welding & Soldering
  • Semi- Automatic
  • Europe
  • Parallel Robots
  • Metals & Machinery
  • Assembly & Disassembly
  • Manual
  • Japan
  • Cartesian Robots
  • Chemicals, Plastic & Rubber
  • Painting & Dispensing
 
  • APEJ
  • Cylindrical Robots
  • Food & Beverages
  • Others
 
  • MEA
  • Others
  • Healthcare

 

 

 

 

  • Construction

 

 

 

 

  • Others

 

 

Competition Landscape

The report ends with chapters delivering information on the global industrial robots market’s competition landscape. Information related to key companies has been given in terms of key financials, SWOT analysis, product overview, key developments, and company overview. The competition landscape is the most valuable chapter of the report, wherein readers are given access to a better understanding of prominent companies contributing actively to expansion of the global industrial robots market. The chapters on competition landscape offer necessary knowledge regarding leading market players’ current market standings, and the way of their strategy implementation for expanding their presence in the global industrial robots market.

Research Methodology

The research methodology employed by Future Market Insights’ (FMI) analysts is the perfect aggregation of data attained from various primary interviews with key stakeholders and experts in the industry, and an extensive secondary research. The primary research is related to present and future market conditions across developing as well as developed regions, which offer adequate attention to the market dynamics. A rigorous data validation has been done on secondary and primary research, in order to glean quantitative and qualitative insights impacting major business decisions.

Industrial Robots Market Reports - Table of Contents

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