Global Industrial Robot Market Report 2021-2025 and 2030 with ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, Denso, Nachi Fujikoshin, Epson and Durr

DUBLIN, January 25, 2022–(BUSINESS WIRE)–The “Industrial Robots Global Market Report 2021: COVID-19 Growth and Change to 2030” has been added to from ResearchAndMarkets.com offer.

The global industrial robot market is expected to grow from $47.52 billion in 2020 to $53 billion in 2021 at a compound annual growth rate (CAGR) of 11.5%. The market is expected to reach $75.84 billion in 2025 with a CAGR of 9%.

The major players in the industrial robot market are ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, Denso, Nachi Fujikoshin, Epson, and Durr.

The industrial robot market consists of the sale of robotic products and related services for the performance of a specific task. A robot is a programmable mechanical device typically used in place of a person to perform hazardous or repetitive tasks with a high degree of precision. A robot has its control system and is not controlled by a machine.

The Industrial Robots market covered in this report is segmented by product type into articulated robots, linear robots, cylindrical robots, parallel robots, scara robots and others. It is also segmented by end-user industry into automotive, electrical and electronics, healthcare and pharmaceuticals, food and beverages, rubber and plastics, metals and machinery , others and by application in picking and planing, handling and welding, material handling, assembly, cutting and processing, and others.

The high purchase and installation costs of industrial robots are expected to limit the growth of the industrial robots market. The installation of a robot is very expensive because it is not only a question of the purchase of the robot but also of the integration, the programming and the maintenance. This is a major challenge for small and medium enterprises (SMEs) as they produce in low volumes and returns on investment will be a challenge.

Moreover, rapidly changing consumer preferences will also lead to customization of a machine, which again will be difficult for SMEs. According to RobotWorx, an industrial robot manufacturer’s average cost for a new industrial robot ranges from $50,000 to $80,000, while it can go as high as $100,000 to $150,000 as specifics of the product develop. app are added. Hence, high purchase and installation of industrial robots is expected to limit the growth of the industrial robot market.

The shortage of skilled workers is contributing to the growth of the industrial robot market. As there is an increase in production needs and due to high demand, manufacturers are unable to meet supply due to a shortage of skilled labor. The shortage of skilled labor exists for two main reasons, the presence of unskilled workers and skilled workers who are not available for work.

Automated mobile robots (AMR) are one of the recent trends in the industrial robot market. AMR is a robot designed to move materials around a factory or warehouse without the help and direction of a human worker. Floor cleaners, forklifts, pallet movers are examples of AMR types.

Main topics covered:

1. Summary

2. Features of the Industrial Robots Market

3. Industrial Robots Market Trends and Strategies

4. Impact of COVID-19 on industrial robots

5. Industrial Robots Market Size and Growth

5.1. Global historical industrial robot market, 2015-2020, billion USD

5.1.1. Market Drivers

5.1.2. Market Constraints

5.2. Global Industrial Robot Market Forecast, 2020-2025F, 2030F, Billion USD

5.2.1. Market Drivers

5.2.2. Market Constraints

6. Industrial Robots Market Segmentation

6.1. Global Industrial Robots Market, Segmentation by Product Type, History and Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion

  • Articulated robots

  • Linear robots

  • Cylindrical robots

  • Parallel robots

  • Scara robots

  • Others

6.2. Global industrial robots market, segmentation by end-user industry, history and forecast, 2015-2020, 2020-2025F, 2030F, USD billion

6.3. Global Industrial Robots Market, Segmentation by Application, History and Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion

  • Pick and Plane

  • Handle and weld

  • Material handling

  • Assembly

  • Cutting and processing

  • Others

7. Regional and Country Analysis of the Industrial Robots Market

7.1. Global Industrial Robots Market, Split by Region, Historical & Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion

7.2. Global Industrial Robots Market, Split by Country, Historical & Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion

Companies cited

For more information about this report, visit https://www.researchandmarkets.com/r/wau8ww.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220125005985/en/

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