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Industrial Robots Market Size, Share, Growth & Trends Analysis Report By Type, By Application, and Segment Forecasts, 2021-2026
Published Date: September 2020
|
Report Code: QYRE-Othe-3D310
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Industrial Robots Market

Industrial Robots Market Size, Share, Growth & Trends Analysis Report By Type, By Application, and Segment Forecasts, 2021-2026

Code: QYRE-Othe-3D310
Report
September 2020
148 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

Industrial Robots Market Statistics 2026

The global Industrial Robot market size is projected to reach USD 14840 Million by 2026, from USD 11720 Million in 2019, at a CAGR of 6.6% during 2021-2026. The major factors expected to increase the industrial robot market size are technological developments, labor shortages, and increased manufacturing requirements.

Industrial Robots Market

Trends Influencing the Industrial Robots Market

The rapid expansion of the automotive industry around the world, and the rising adoption of robotics in the non-automotive sector, including food & beverage, chemicals, rubber & plastics, and electronics / electrical, are boosting the growth of industrial robots market size.

Consumer's preference for shopping online is improving the e-commerce industry. Distribution centers, manufacturers, distributors, and facilities owners are now underlining the incorporation of automated robotic solutions. The integration of industrial robots to the e-commerce industry will help achieve on-time delivery, reduce labor costs, and increase efficiency and productivity. This increasing use of automated robots in the e-commerce industry is expected to drive the industrial robot market size.

Another factor driving the growth of industrial robots market size is the growing penetration of collaborative robots in various industries. Collaborative robots allow robots and humans to work effectively together in open or uncaged environments. Using collaborative robots makes it possible to involve a human operator and robot in the same process together.

The coordination of management, output, and control is crucial for the smooth running of the workflow in the industrial sector. The current transition from manual to automation is increasing demand for such industrial robots. The market for these robots is catching up due to the development of small and medium-sized businesses, growing technology investments in manufacturing, and imposing tight government restrictions on handling toxic materials and goods.

Major Players in the Industrial Robots Industry

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

  • FANUC(Japan)
  • KUKA(Germany)
  • ABB(Switzerland)
  • Yaskawa (Motoman)(Japan)
  • Nachi(Japan)
  • Kawasaki Robotics(Japan)
  • Comau(Italy)
  • EPSON Robots(Japan)
  • Staubli(Switzerland)
  • Omron Adept Technologies(US)
  • DENSO Robotics(Japan)
  • OTC Daihen(Japan)
  • Panasonic(Japan)
  • Toshiba(Japan)
  • Mitsubishi Electric(Japan)
  • Yamaha(Japan)
  • Universal Robots(Denmark)
  • Hyundai Robotics(Korea)
  • Robostar(Korea)
  • Star Seiki(Japan)
  • CLOOS(Germany)
  • IGM(Australia)
  • JEL Corporation(Japan)
  • Foxconn(Foxbot)(China)
  • Siasun(China)
  • Anhui EFORT Intelligent Equipment(China)
  • Estun Automation(China)
  • Guangzhou CNC Equipment(China)
  • STEP Electric Corporation
  • Codian Robotics(Netherlands)

Industrial Robots Market by Type

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

Industrial Robots Market by Application

  • Automotive
  • Electrical and Electronics
  • Chemical, Rubber and Plastic
  • Metal and Machinery
  • Food, Beverages and Pharmaceuticals
  • Other

Industrial Robots Market by Region

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Singapore
  • Malaysia
  • Philippines
  • Thailand
  • Vietnam
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Central & South America
  • Brazil
  • Rest of Central & South America
  • Middle East & Africa
  • GCC Countries
  • Turkey
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

Scope of the Industrial Robots Market Report

Report Metric

Details

Report Name

Industrial Robots Market

The market size in 2019

USD 11720 Million

The revenue forecast in 2026

USD 14840 Million

Growth Rate

CAGR of 6.6% from 2021 to 2026

Market size available for years

2021-2026

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. How big is the Industrial Robots Market?

Ans. The global Industrial Robot market size is projected to reach USD 14840 Million by 2026, from USD 11720 Million in 2019, at a CAGR of 6.6% during 2021-2026

2. What are the market drivers in the global Industrial Robots Market?

Ans. The major factors expected to increase the industrial robot market size are technological developments, labor shortages, and increased manufacturing requirements.

3. Which region dominated in the global Industrial Robots Market Share?

Ans. North America is expected to hold the largest market share due to the emergence of industry 4.0.

4. What would be the forecast period in the Industrial Robots Market Report?

Ans. The forecast period for the Industrial Robots Market is 2021 to 2026

TABLE OF CONTENT

 

LIST OF TABLES & FIGURES

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