Global Industrial Robot Industry to 2028

Dublin, Nov. 03, 2021 (GLOBE NEWSWIRE) — The ‘Global Industrial Robots Market 2021-2028’ report has been added to from ResearchAndMarkets.com offer.

The global industrial robot market is expected to register growth at a CAGR of 10.35% over the projected period of 2021-2028.

Factors such as increasing R&D investments in robots, rising adoption of industrial robots, and emerging smart factories are driving the growth of the market studied. Robots are widely adopted in the F&B industry as they comply with strict hygiene regulations, meeting a growing demand. Additionally, the employment of cobots in workplaces coupled with the implementation of AI in industrial robots is creating new opportunities for the industrial robot market.

However, the high cost, lack of skilled manpower and employee resistance are limiting the development of the industrial robot market to a large extent.

Regional outlook

The global industrial robot market covers North America, Latin America, Asia-Pacific, Europe, Middle East and Africa.

Globally, Asia-Pacific is expected to witness the fastest growing industrial robot market over the forecast period. The region is one of the strongest markets for industrial robots, as governments are investing heavily in robotics and AI research. As a result, AI, high investments, and nationwide tax incentives have paved the way for the adoption of robots in various industries. Among the major industries, robots are widely adopted in the electrical and electronics industry. Several manufacturers are opting for robotic automation to improve productivity and production quality, which is driving the progress of the industrial robot market in the region.

Competitive Perspectives

The major companies in the industrial robot market are Nachi Fujikoshi Corporation, Kuka AG, Rethink Robotics, Kawasaki Heavy Industries Ltd, Omron Adept, ABB Ltd, Schunk GmbH, Fanuc Corporation, Universal Robots, Mitsubishi Electric Corporation, Staubli International AG, Rockwell Automation Inc . , Aurotek Corporation, Yamaha Robotics and Seiko Epson Corporation.

ABB Ltd is a global supplier of power and automation technologies. It offers products, systems, solutions and services to improve productivity, increase power reliability and improve energy efficiency. Additionally, it provides digitally connected industrial equipment and systems to consumers in the transportation, utility, and infrastructure sectors, among others. ABB is present in Europe, Asia-Pacific, Latin America, North America, the Middle East and Africa. It is headquartered in Switzerland.

Main topics covered:

1. Global Industrial Robots Market – Summary

2. Industry Outlook
2.1. Impact of Covid-19 on the Industrial Robots Market
2.2. key ideas
2.2.1. Growth of Industrial IoT 4.0
2.2.2. Using robots to reduce carbon footprint
2.2.3. Integrating human-robot interaction in industrial robots
2.3. Porter’s Five Forces Analysis
2.3.1. The threat of new entrants
2.3.2. The threat of substitutes
2.3.3. The bargaining power of buyers
2.3.4. Bargaining power of suppliers
2.3.5. Threat of competitive rivalry
2.4. Market attractiveness index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Contracts and agreements
2.6.2. Product launches
2.6.3. Investments and extensions
2.7. Market factors
2.7.1. Growing investment in R&D in robots
2.7.2. Growing adoption of industrial robots
2.7.3. Emerging smart factories
2.8. Market challenges
2.8.1. Shortage of skilled labor
2.8.2. Resistance among employees
2.8.3. High cost of industrial robots
2.9. Market opportunities
2.9.1. Using cobots in the workplace
2.9.2. Adoption of Autonomous Mobile Robots (AMRS)
2.9.3. Use of AI in industrial robots

3. Global Industrial Robots Market Outlook – By Type
3.1. Articulated robots
3.2. Cartesian robots
3.3. Scara robots
3.4. Cylindrical robots
3.5. Other bots

4. Global Industrial Robots Market Outlook – By Application
4.1. Material handling
4.2. Assembly and disassembly
4.3. Welding and brazing
4.4. Distribution
4.5. Processing
4.6. Other Apps

5. Global Industrial Robots Market Outlook – By Verticals
5.1. Automotive
5.2. Electronic and electrical
5.3. Machinery Products & Metal
5.4. Chemicals, plastics and rubber
5.5. food and drinks
5.6. Other verticals

6. Global Industrial Robots Market – Regional Outlook
6.1. North America
6.1.1. Market by type
6.1.2. Market by Application
6.1.3. Market by verticals
6.1.4. Analysis by country
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by type
6.2.2. Market by Application
6.2.3. Market by verticals
6.2.4. Analysis by country
6.2.4.1. UK
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. The rest of Europe
6.3. Asia Pacific
6.3.1. Market by type
6.3.2. Market by Application
6.3.3. Market by verticals
6.3.4. Analysis by country
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. ASEAN countries
6.3.4.6. Australia and New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by type
6.4.2. Market by Application
6.4.3. Market by verticals
6.4.4. Analysis by country
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by type
6.5.2. Market by Application
6.5.3. Market by verticals
6.5.4. Analysis by country
6.5.4.1. United Arab Emirates
6.5.4.2. Saudi Arabia
6.5.4.3. Turkey
6.5.4.4. South Africa
6.5.4.5. Rest of the Middle East and Africa

7. Competitive Landscape
7.1. Abb Ltd
7.2. Aurotek Company
7.3. Fanuc Corporation
7.4. Kawasaki Heavy Industries Ltd.
7.5. Kuka S.A.
7.6. Mitsubishi Electric Corporation
7.7. Nachi Fujikoshi Company
7.8. Follower of Omron
7.9. Rethinking robotics
7.10. Rockwell Automation Inc.
7.11. Schunk GmbH
7.12. Seiko Epson Corporation
7.13. Staubli International AG
7.14. Universal Robots
7.15. Yamaha Robotics

8. Research Methodology and Scope

For more information about this report visit https://www.researchandmarkets.com/r/nm7v00


Mavis R. Bernier