The latest research study “Industrial Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global industrial robotics market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.

Industrial robotics comprises automated machines programmed to execute activities associated with industry production automatically. It assists in enhancing productivity and generating high-quality goods in automation applications while lowering costs. It is utilized for picking and placing objects, welding and soldering, assembling, material handling, and cutting and processing of goods. As a result, it is widely employed in automotive, food and beverages (F&B), healthcare, pharmaceutical, rubber and plastic, metals and machinery, and electrical and electronics industries across the globe. 

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Industrial Robotics Market Trends and Drivers:

Presently, the rising demand for industrial robots in the logistics sector to provide on-time delivery, reduce manual labor work and cost, and improve efficiency and production represents one of the key factors strengthening the market growth.

Moreover, the growing need for industrial robotics in the healthcare sector for cleaning and disinfection tasks, storage and distribution of medicines, and surgical assistance is offering a positive market outlook. In addition, the increasing demand for cost-effective and automated solutions for an effective workflow is bolstering the growth of the market.

Apart from this, the rising adoption of industrial robots in small and medium-sized enterprises (SMEs) around the world is offering lucrative growth opportunities to industry players. Furthermore, key players are introducing a series of selective compliance assembly robot arm (SCARA) robots that provide weighty payloads, high output, and smooth motion control, which is supporting the growth of the market.

Global Industrial Robotics Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

ABB Ltd., DAIHEN Corporation, DENSO Corporation, FANUC, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., OMRON Corporation, Panasonic Corporation, Seiko Epson Corporation, Universal Robots A/S (Teradyne Inc.), Yamaha Motor Co. Ltd. and Yaskawa Electric Corporation.

The report has segmented the market on the basis of region, type, function and end use industry.

Breakup by Type:

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

Breakup by Function:

• Soldering and Welding
• Materials Handling
• Assembling and Disassembling
• Painting and Dispensing
• Milling, Cutting and Processing
• Others

Breakup by End Use Industry:

• Automotive
• Electrical and Electronics
• Chemical, Rubber and Plastics
• Machinery and Metals
• Food and Beverages
• Precision and Optics
• Pharmaceutical
• Others

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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