Industrial Robotics Market by Robot (Articulated, SCARA, Cartesian, Parallel, Cylindrical, Collaborative), Payload (up to 16 kg, >16 to 60 kg, >60 to 225 kg, >225 kg), Offering (End Effectors, Controllers, Drive Units, Sensors) - Global Forecast to 2032

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USD 20.8 BN
MARKET SIZE, 2032
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CAGR 5.0%
(2026-2032)
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300
REPORT PAGES
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180
MARKET TABLES

OVERVIEW

Industrial-Robotics-Market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The industrial robotics market is valued at USD 15.5 billion in 2026 and is projected to reach USD 20.8 billion by 2032, growing at a CAGR of 5.0% over the forecast period. The growing adoption of smart manufacturing, AI, and IIoT technologies across industries is driving demand for advanced industrial robotic systems. Additionally, the increasing need for automated production processes, high operational efficiency, and rising investments in factory automation are accelerating the adoption of industrial robotics solutions globally.

KEY TAKEAWAYS

  • By REGION
    The Asia Pacific industrial robots market accounted for 67.3% of revenue in 2025.
  • By ROBOT TYPE
    The traditional robot segment in the industrial robots market accounted for the largest revenue share in 2025.
  • BY PAYLOAD
    Up to 16 kg is expected to dominate the payload segment, with a share of 51.2% in 2025.
  • BY OFFERING
    Software & programming segment is expected to register the highest CAGR of 3.9% during the forecast period.
  • BY APPLICATION
    Processing is projected to experience the highest growth rate in the industrial robot during the forecast period.
  • BY END USE INDUSTRY
    Food & beverages end user will grow at a high CAGR in the industrial robots market
  • COMPETITIVE LANDSCAPE (KEY PLAYERS)
    ABB (Switzerland), YASKAWA ELECTRIC CORPORATION (Japan), and FANUC Corporation (Japan), among others, were identified as the key players in the industrial robotics market due to their strong market share and extensive product footprint.
  • COMPETITIVE LANDSCAPE (STARTUPS/SMES)
    IRS Robotics (The Netherlands) and Rethinks Robotics (Germany), among others, have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging leaders in the industrial robotics market.

The industrial robotics market is witnessing significant growth due to the increasing adoption of automation and smart manufacturing technologies across industries. Companies are increasingly deploying industrial robots for applications such as material handling, welding, assembly, packaging, and inspection to improve productivity, operational accuracy, and manufacturing efficiency. Additionally, growing investments in Industry 4.0, factory automation, and intelligent production systems, along with rising demand for high-speed and flexible manufacturing operations, are accelerating the expansion of the global industrial robotics market.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The impact on consumers' businesses in the industrial robotics market stems from evolving customer needs and industry disruptions. Automotive, electrical & electronics, metal & machinery, plastics, rubbers & chemicals, food & beverages, precision engineering & optics, pharmaceuticals & cosmetics, and aerospace & defense are the primary end users of industrial robotics. A shift from traditional robots to cobots, AI robots, and smart robots directly influences the operational performance and revenues of end users. These impacts, in turn, drive demand in the industrial robotics market, shaping its growth trajectory.

Industrial-Robotics-Market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Mounting adoption of automation solutions to optimize manufacturing operations
  • Rapid advances in AI and digital automation technologies
RESTRAINTS
Impact
Level
  • High costs of collaborative robots
OPPORTUNITIES
Impact
Level
  • Emergence of Industry 5.0
  • Rise in automation in electronics manufacturing
CHALLENGES
Impact
Level
  • Complexities associated with integrating cobots into diverse workstations
  • Lack of standardization and interoperability issues

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Mounting adoption of automation solutions to optimize manufacturing operations

The increasing adoption of automation solutions is helping industries improve production efficiency, reduce labor dependence, and enhance operational accuracy across manufacturing facilities.

Restraint: High costs of collaborative robots

High installation, integration, and maintenance costs of collaborative robots limit their adoption, particularly among small and medium-sized enterprises.

Opportunity: Emergence of Industry 5.0

The emergence of Industry 5.0 is increasing demand for human-machine collaboration, intelligent automation, and flexible manufacturing systems across industries.

Challenge: Complexities associated with integrating cobots into diverse workstations

Integrating cobots into existing production environments is challenging due to compatibility issues, complex workflows, and varying workstation configurations.

INDUSTRIAL ROBOTICS MARKET SIZE, SHARE & ANALYSIS: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Deployment of high-speed handling robots in automotive body-shop lines for welding, material transfer, and precision assembly Delivers ultra-high cycle time reliability | >99.99% uptime | Reduced takt time | Lower total cost of ownership
Use of articulated robots integrated into flexible manufacturing cells for EV battery module assembly and pack handling Enables high-precision battery assembly | Reduces defect rates | Supports multi-product flexibility | Accelerates EV line ramp-up
Integration of ABB’s IRB series robots in electronics manufacturing for PCB assembly, micro-soldering, and component placement Enhances throughput by 20–30% | Improves micro-assembly accuracy | Reduces human-error-driven quality deviations
Adoption of Motoman robots in metal fabrication for welding, cutting, and grinding operations in industrial machinery plants Improves weld consistency | Reduces scrap | Increases operator safety | Enables continuous 24/7 production
Use of Mitsubishi’s SCARA & 6-axis robots in food & beverage packaging lines for pick-and-place and high-speed sorting Boosts packaging line efficiency | Ensures hygiene compliance | Minimizes labor dependency | Improves output scalability

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The industrial robotics market ecosystem comprises hardware device & component manufacturers, software & solution providers, industrial robot manufacturers, system integrators, and end users. Hardware and component manufacturers provide sensors, controllers, drives, and semiconductor components that support robotic system performance and precision. Software and solution providers deliver robot programming, automation, and monitoring solutions to improve operational efficiency and intelligent manufacturing capabilities. Industrial robot manufacturers and system integrators develop and deploy robotic systems across industries, while end users from automotive, electronics, metal processing, logistics, and other sectors increasingly adopt industrial robots to enhance productivity, flexibility, and manufacturing automation.

Industrial-Robotics-Market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Industrial-Robotics-Market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Industrial Robots Market, By Robot Type

The collaborative robots (cobots) segment is expected to register the highest CAGR in the industrial robots market, owing to increasing demand for flexible automation, human-robot collaboration, and cost-effective deployment across manufacturing facilities. Collaborative robots enable safer operations by working alongside human operators without extensive safety barriers, making them highly suitable for small and medium-sized enterprises. Rising adoption across the automotive, electronics, logistics, and food & beverage industries, coupled with advancements in AI-enabled sensing and machine vision technologies, is further accelerating global demand for collaborative robots.

Industrial Robots Market, By Payload

The handling segment holds the largest share in the industrial robotics market due to the widespread use of robots for material handling, pick-and-place operations, palletizing, packaging, sorting, and warehouse automation processes. Growing demand for operational efficiency, reduced labor dependency, and higher throughput across automotive, e-commerce, electronics, and manufacturing sectors continues to drive adoption. The increasing implementation of smart factories and automated production lines is further strengthening the dominance of handling applications in the industrial robotics market.

Industrial Robots Market, By Application

The up to 16 kg payload segment accounts for the largest share in the industrial robotics market, owing to its extensive deployment across assembly, material handling, packaging, machine tending, and electronics manufacturing applications. Robots within this payload range offer an optimal balance of precision, flexibility, speed, and affordability, making them suitable for a broad range of industries. Rising adoption of compact automation solutions and increasing demand from automotive components, consumer electronics, and general manufacturing sectors are further contributing to the growth of the up to 16 kg payload segment.

REGION

Asia Pacific to be the fastest-growing region in the industrial roboticss market during the forecast period

Asia Pacific is expected to register the highest CAGR in the industrial robotics market due to rising industrial automation, rapid manufacturing expansion, and increasing investments in smart factory infrastructure across countries such as China, India, and South Korea. The growing demand for high-speed, efficient production systems is further accelerating market growth across the region.

Industrial-Robotics-Market Region

INDUSTRIAL ROBOTICS MARKET SIZE, SHARE & ANALYSIS: COMPANY EVALUATION MATRIX

In the industrial robotics market matrix, FANUC Corporation (Japan) is the star player with a strong market presence and a broad portfolio of industrial robots used across automotive, electronics, metal processing, and factory automation applications. Kawasaki Heavy Industries, Ltd.(Japan)(Emerging Player) is strengthening its position by expanding robotics capabilities and increasing the adoption of automation solutions across industrial manufacturing environments. While FANUC Corporation maintains leadership through its extensive global reach and advanced robotic technologies, Kawasaki Heavy Industries, Ltd. continues to expand its market presence with flexible and high-performance industrial robotic systems.

Industrial-Robotics-Market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2025 (Value) USD 14.80 Billion
Market Size in 2026 (Value) USD 15.50 Billion
Market Forecast in 2032 (Value) USD 20.80 Billion
CAGR 5.0%
Years Considered 2022–2032
Base Year 2025
Forecast Period 2026–2032
Units Considered Value (USD Billion/Million), Volume (Thousand Units)
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Segments Covered
  • By Robot Type:
    • Traditional Robots
    • Collaborative Robots
  • By Payload:
    • Up TO 16 kg
    • >16 to 60 kg
    • >60 to 225 kg
    • More than 225 kg
  • By Offering:
    • Industrial Traditional Robots
    • Robot Accessories
    • Other Additional Hardware
    • System Engineering
    • Software & Programming
  • By Application:
    • Handling
    • Assembling & Disassembling
    • Welding & Soldering
    • Dispensing
    • Processing
    • Cleanroom
    • Other Applications
  • By End Use Industry:
    • Automotive
    • Electrical & Electronics
    • Metal & Machinery
    • Plastics
    • Rubbers & Chemicals
    • Food & Beverages
    • Precision Engineering & Optics
    • Pharmaceuticals & Cosmetics
    • Oil & Gas
    • Other End-Use Industries
Regions Covered North America, Europe, Asia Pacific and Rest of World

WHAT IS IN IT FOR YOU: INDUSTRIAL ROBOTICS MARKET SIZE, SHARE & ANALYSIS REPORT CONTENT GUIDE

Industrial-Robotics-Market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Automotive Manufacturer Competitive benchmarking of industrial robots for welding, assembly, painting, and material handling applications with production efficiency assessment
  • Improved production automation planning
  • Enhanced operational efficiency and product quality
Electronics Manufacturer Regional demand analysis for precision robotics, semiconductor automation, and high-speed assembly solutions with deployment strategy evaluation
  • Better automation investment decisions
  • Improved manufacturing accuracy and production speed
Industrial Automation Integrator Evaluation of robotic automation requirements across smart factories, collaborative robotics, and Industry 4.0 environments with implementation roadmap analysis
  • Faster factory automation adoption
  • Optimized robotic system integration and workflow management
Robotics Component Manufacturer Supply-demand analysis for robotic sensors, controllers, actuators, and servo motors with technology trend and procurement assessment
  • Strengthened product development strategy
  • Improved partnership opportunities and market expansion planning

RECENT DEVELOPMENTS

  • December 2025 : FANUC launched the P-55/15-21A mid-size paint robot designed for automotive and industrial coating applications. The robot offers improved painting precision, flexible movement capabilities, and efficient paint utilization to support high-quality automated finishing operations.
  • June 2025 : ABB launched new large industrial robots, including the IRB 6730S, IRB 6750S, and IRB 6760 models, to expand its industrial robotics portfolio and support advanced automation applications across manufacturing industries.

Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
1
INTRODUCTION
 
 
 
15
2
EXECUTIVE SUMMARY
 
 
 
 
3
PREMIUM INSIGHTS
 
 
 
 
4
MARKET OVERVIEW
Summarizes the competitive environment, macro signals, and segment-level movements driving market outcomes.
 
 
 
 
 
4.1
INTRODUCTION
 
 
 
 
4.2
MARKET DYNAMICS
 
 
 
 
 
4.2.1
DRIVERS
 
 
 
 
 
4.2.1.1
INCREASING ADOPTION OF COLLABORATIVE ROBOTS ACROSS INDUSTRIES
 
 
 
 
4.2.1.2
SHORTAGE OF SKILLED WORKFORCE IN MANUFACTURING SECTOR
 
 
 
 
4.2.1.3
RISING DEPLOYMENT OF INDUSTRY 4.0 TECHNOLOGIES
 
 
 
 
4.2.1.4
MOUNTING ADOPTION OF AUTOMATION SOLUTIONS TO OPTIMIZE MANUFACTURING OPERATIONS
 
 
 
 
4.2.1.5
RAPID ADVANCES IN AI AND DIGITAL AUTOMATION TECHNOLOGIES
 
 
 
4.2.2
RESTRAINTS
 
 
 
 
 
4.2.2.1
HIGH COST OF COLLABORATIVE ROBOTS
 
 
 
4.2.3
OPPORTUNITIES
 
 
 
 
 
4.2.3.1
RISE IN AUTOMATION IN ELECTRONICS MANUFACTURING
 
 
 
 
4.2.3.2
EMERGENCE OF INDUSTRY 5.0
 
 
 
4.2.4
CHALLENGES
 
 
 
 
 
4.2.4.1
REQUIREMENT FOR EXTENSIVE TRAINING AND EXPERTISE IN SETTING UP HIGH-END ROBOTS
 
 
 
 
4.2.4.2
LACK OF STANDARDIZATION AND INTEROPERABILITY ISSUES
 
 
 
 
4.2.4.3
COMPLEXITIES ASSOCIATED WITH INTEGRATING COBOTS INTO DIVERSE WORKSTATIONS
 
 
4.3
UNMET NEEDS AND WHITE SPACES
 
 
 
 
4.4
INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
 
 
 
 
4.5
STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
 
 
 
5
INDUSTRY TRENDS
Outlines emerging trends, technology impact, and regulatory signals affecting growth trajectory and stakeholder decisions.
 
 
 
 
 
5.1
PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
5.2
MACROECONOMIC OUTLOOK
 
 
 
 
 
5.2.1
INTRODUCTION
 
 
 
 
5.2.2
GDP TRENDS AND FORECAST
 
 
 
 
5.2.3
TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY
 
 
 
 
5.2.4
TRENDS IN GLOBAL ELECTRICAL & ELECTRONICS INDUSTRY
 
 
 
5.3
VALUE CHAIN ANALYSIS
 
 
 
 
 
5.4
ECOSYSTEM ANALYSIS
 
 
 
 
 
5.5
PRICING ANALYSIS
 
 
 
 
 
 
5.5.1
AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY INDUSTRIAL ROBOT (2022–2025)
 
 
 
 
5.5.2
AVERAGE SELLING PRICE TREND, BY INDUSTRIAL ROBOT (2022–2025)
 
 
 
 
5.5.3
AVERAGE SELLING PRICE TREND, BY REGION (2022–2025)
 
 
 
5.6
TRADE ANALYSIS
 
 
 
 
 
 
5.6.1
IMPORT SCENARIO (HS CODE 847950)
 
 
 
 
5.6.2
EXPORT SCENARIO (HS CODE 847950)
 
 
 
5.7
KEY CONFERENCES AND EVENTS, 2026–2027
 
 
 
 
5.8
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.9
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
5.10
CASE STUDY ANALYSIS
 
 
 
 
5.11
IMPACT OF 2025 US TARIFF – INDUSTRIAL ROBOTICS MARKET
 
 
 
 
 
 
5.11.1
INTRODUCTION
 
 
 
 
5.11.2
KEY TARIFF RATES
 
 
 
 
5.11.3
PRICE IMPACT ANALYSIS
 
 
 
 
5.11.4
IMPACT ON COUNTRIES/REGIONS
 
 
 
 
 
5.11.4.1
US
 
 
 
 
5.11.4.2
EUROPE
 
 
 
 
5.11.4.3
ASIA PACIFIC
 
 
 
5.11.5
IMPACT ON END USER
 
 
6
TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS
 
 
 
 
 
6.1
KEY EMERGING TECHNOLOGIES
 
 
 
 
 
6.1.1
INDUSTRIAL ROBOTS AND VISION SYSTEMS
 
 
 
6.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
 
6.2.1
INDUSTRIAL INTERNET OF THINGS AND ARTIFICIAL INTELLIGENCE
 
 
 
 
6.2.2
SAFETY SENSORS
 
 
 
6.3
ADJACENT TECHNOLOGIES
 
 
 
 
 
6.3.1
5G
 
 
 
6.4
TECHNOLOGY/PRODUCT ROADMAP
 
 
 
 
6.5
PATENT ANALYSIS
 
 
 
 
 
6.6
FUTURE APPLICATIONS
 
 
 
 
6.7
IMPACT OF AI/GEN AI ON INDUSTRIAL ROBOTICS MARKET
 
 
 
 
 
 
6.7.1
TOP USE CASES AND MARKET POTENTIAL
 
 
 
 
6.7.2
BEST PRACTICES IN INDUSTRIAL ROBOTICS PROCESSING
 
 
 
 
6.7.3
CASE STUDIES OF AI IMPLEMENTATION IN THE INDUSTRIAL ROBOTICS MARKET
 
 
 
 
6.7.4
INTERCONNECTED ADJACENT ECOSYSTEMS AND IMPACT ON MARKET PLAYERS
 
 
 
 
6.7.5
CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN INDUSTRIAL ROBOTICS MARKET
 
 
7
REGULATORY LANDSCAPE
 
 
 
 
 
7.1
REGIONAL REGULATIONS AND COMPLIANCE
 
 
 
 
 
7.1.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
7.1.2
INDUSTRY STANDARDS
 
 
 
7.2
REGULATORY POLICY INITIATIVES
 
 
 
8
CUSTOMER LANDSCAPE & BUYER BEHAVIOR
 
 
 
 
 
8.1
DECISION-MAKING PROCESS
 
 
 
 
8.2
KEY STAKEHOLDERS INVOLVED IN BUYING PROCESS AND EVALUATION CRITERIA
 
 
 
 
 
8.2.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
8.2.2
BUYING CRITERIA
 
 
 
8.3
ADOPTION BARRIERS & INTERNAL CHALLENGES
 
 
 
 
8.4
UNMET NEEDS FROM VARIOUS VERTICALS
 
 
 
9
REFURBISHMENT OF INDUSTRIAL ROBOTS (QUALITATIVE)
 
 
 
 
10
INDUSTRIAL ROBOTICS MARKET, BY ROBOT TYPE
Market Size, Volume & Forecast – USD Million
 
 
 
 
 
10.1
INTRODUCTION
 
 
 
 
10.2
TRADITIONAL ROBOTS
 
 
 
 
 
10.2.1
ARTICULATED ROBOTS
 
 
 
 
10.2.2
SCARA ROBOTS
 
 
 
 
10.2.3
PARALLEL ROBOTS
 
 
 
 
10.2.4
CARTESIAN ROBOTS
 
 
 
 
10.2.5
CYLINDRICAL ROBOTS
 
 
 
 
10.2.6
OTHERS
 
 
 
10.3
COLLABORATIVE ROBOTS
 
 
 
11
INDUSTRIAL ROBOTS MARKET, BY PAYLOAD
Market Size, Volume & Forecast – USD Million
 
 
 
 
 
11.1
INTRODUCTION
 
 
 
 
11.2
UP TO 16 KG
 
 
 
 
11.3
>16 TO 60 KG
 
 
 
 
11.4
>60 TO 225 KG
 
 
 
 
11.5
MORE THAN 225 KG
 
 
 
12
INDUSTRIAL ROBOTICS MARKET, BY OFFERING
Market Size, Volume & Forecast – USD Million
 
 
 
 
 
12.1
INTRODUCTION
 
 
 
 
12.2
INDUSTRIAL ROBOTS
 
 
 
 
12.3
ROBOT ACCESSORIES
 
 
 
 
 
12.3.1
END EFFECTORS
 
 
 
 
12.3.2
CONTROLLERS
 
 
 
 
12.3.3
DRIVE UNITS
 
 
 
 
12.3.4
VISION SYSTEM
 
 
 
 
12.3.5
SENSORS
 
 
 
 
12.3.6
POWER SUPPLY
 
 
 
 
12.3.7
OTHERS
 
 
 
12.4
OTHER ADDITIONAL HARDWARE
 
 
 
 
12.5
SYSTEM ENGINEERING
 
 
 
 
12.6
SOFTWARE & PROGRAMMING
 
 
 
13
INDUSTRIAL ROBOTS MARKET, BY APPLICATION
Market Size, Volume & Forecast – USD Million
 
 
 
 
 
13.1
INTRODUCTION
 
 
 
 
13.2
HANDLING
 
 
 
 
13.3
ASSEMBLING & DISASSEMBLING
 
 
 
 
13.4
WELDING & SOLDERING
 
 
 
 
13.5
DISPENSING
 
 
 
 
13.6
PROCESSING
 
 
 
 
13.7
CLEANROOM
 
 
 
 
13.8
OTHER APPLICATIONS
 
 
 
14
INDUSTRIAL ROBOTS MARKET, BY END-USE INDUSTRY
Market Size, Volume & Forecast – USD Million
 
 
 
 
 
14.1
INTRODUCTION
 
 
 
 
14.2
AUTOMOTIVE
 
 
 
 
14.3
ELECTRICAL & ELECTRONICS
 
 
 
 
14.4
METAL & MACHINERY
 
 
 
 
14.5
PLASTICS, RUBBERS & CHEMICALS
 
 
 
 
14.6
FOOD & BEVERAGES
 
 
 
 
14.7
PRECISION ENGINEERING & OPTICS
 
 
 
 
14.8
PHARMACEUTICALS & COSMETICS
 
 
 
 
14.9
OIL & GAS
 
 
 
 
14.10
OTHER END-USE INDUSTRIES
 
 
 
15
INDUSTRIAL ROBOTS MARKET, BY REGION
Market Size, Volume & Forecast – USD Million
 
 
 
 
 
15.1
INTRODUCTION
 
 
 
 
15.2
NORTH AMERICA
 
 
 
 
 
15.2.1
US
 
 
 
 
15.2.2
CANADA
 
 
 
 
15.2.3
MEXICO
 
 
 
15.3
EUROPE
 
 
 
 
 
15.3.1
UK
 
 
 
 
15.3.2
GERMANY
 
 
 
 
15.3.3
FRANCE
 
 
 
 
15.3.4
ITALY
 
 
 
 
15.3.5
SPAIN
 
 
 
 
15.3.6
REST OF EUROPE
 
 
 
15.4
ASIA PACIFIC
 
 
 
 
 
15.4.1
CHINA
 
 
 
 
15.4.2
JAPAN
 
 
 
 
15.4.3
SOUTH KOREA
 
 
 
 
15.4.4
TAIWAN
 
 
 
 
15.4.5
INDIA
 
 
 
 
15.4.6
THAILAND
 
 
 
 
15.4.7
REST OF ASIA PACIFIC
 
 
 
15.5
ROW
 
 
 
 
 
15.5.1
MIDDLE EAST
 
 
 
 
 
15.5.1.1
GCC COUNTRIES
 
 
 
 
15.5.1.2
REST OF THE MIDDLE EAST
 
 
 
15.5.2
AFRICA
 
 
 
 
15.5.3
SOUTH AMERICA
 
 
16
INDUSTRIAL ROBOTICS MARKET, COMPETITIVE LANDSCAPE
 
 
 
 
 
16.1
OVERVIEW
 
 
 
 
16.2
KEY PLAYER STRATEGIES/RIGHT TO WIN
 
 
 
 
16.3
REVENUE ANALYSIS
 
 
 
 
 
16.4
MARKET SHARE ANALYSIS
 
 
 
 
 
16.5
BRAND COMPARISON
 
 
 
 
 
16.6
COMPANY EVALUATION MATRIX: KEY PLAYERS,
 
 
 
 
 
 
16.6.1
STARS
 
 
 
 
16.6.2
EMERGING LEADERS
 
 
 
 
16.6.3
PERVASIVE PLAYERS
 
 
 
 
16.6.4
PARTICIPANTS
 
 
 
 
16.6.5
COMPANY FOOTPRINT: KEY PLAYERS,
 
 
 
 
 
16.6.5.1
COMPANY FOOTPRINT
 
 
 
 
16.6.5.2
REGION FOOTPRINT
 
 
 
 
16.6.5.3
TYPE FOOTPRINT
 
 
 
 
16.6.5.4
PAYLOAD FOOTPRINT
 
 
 
 
16.6.5.5
END-USE INDUSTRY FOOTPRINT
 
 
16.7
COMPANY EVALUATION MATRIX: STARTUPS/SMES,
 
 
 
 
 
 
16.7.1
PROGRESSIVE COMPANIES
 
 
 
 
16.7.2
RESPONSIVE COMPANIES
 
 
 
 
16.7.3
DYNAMIC COMPANIES
 
 
 
 
16.7.4
STARTING BLOCKS
 
 
 
 
16.7.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES,
 
 
 
 
 
16.7.5.1
DETAILED LIST OF KEY STARTUPS/SMES
 
 
 
 
16.7.5.2
COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
16.8
COMPETITIVE VALUATION AND FINANCIAL METRIC
 
 
 
 
16.9
COMPETITIVE SCENARIO
 
 
 
 
 
16.9.1
PRODUCT LAUNCHES
 
 
 
 
16.9.2
DEALS
 
 
 
 
16.9.3
EXPANSION
 
 
17
INDUSTRIAL ROBOTICS MARKET, COMPANY PROFILES
 
 
 
 
 
17.1
KEY PLAYERS
 
 
 
 
 
17.1.1
ABB
 
 
 
 
17.1.2
YASKAWA ELECTRIC CORPORATION.
 
 
 
 
17.1.3
FANUC
 
 
 
 
17.1.4
KUKA SE & CO. KGAA
 
 
 
 
17.1.5
MITSUBISHI ELECTRIC INDIA PVT. LTD.
 
 
 
 
17.1.6
KAWASAKI HEAVY INDUSTRIES LTD.
 
 
 
 
17.1.7
DENSO CORPORATION.
 
 
 
 
17.1.8
NACHI-FUJIKOSHI CORP.
 
 
 
 
17.1.9
SEIKO EPSON CORPORATION
 
 
 
 
17.1.10
DÜRR GROUP.
 
 
 
17.2
OTHER PLAYERS
 
 
 
 
 
17.2.1
YAMAHA MOTOR PVT. LTD.
 
 
 
 
17.2.2
ESTUN AUTOMATION CO., LTD
 
 
 
 
17.2.3
SHIBAURA MACHINE CO., LTD
 
 
 
 
17.2.4
DOVER CORPORATION
 
 
 
 
17.2.5
AUROTEK CORPORATION.
 
 
 
 
17.2.6
HIRATA CORPORATION
 
 
 
 
17.2.7
RETHINK ROBOTICS
 
 
 
 
17.2.8
TECHMAN ROBOT INC.
 
 
 
 
17.2.9
FRANKA ROBOTICS GMBH
 
 
 
 
17.2.10
BOSCH REXROTH AG
 
 
 
 
17.2.11
UNIVERSAL ROBOTS A/S
 
 
 
 
17.2.12
OMRON CORPORATION
 
 
 
 
17.2.13
STÄUBLI INTERNATIONAL AG
 
 
 
 
17.2.14
COMAU
 
 
 
 
17.2.15
B+M SURFACE SYSTEMS GMBH
 
 
 
 
17.2.16
ICR SERVICES
 
 
 
 
17.2.17
IRS ROBOTICS
 
 
 
 
17.2.18
HD HYUNDAI ROBOTICS
 
 
 
 
17.2.19
SIASUN ROBOT & AUTOMATION CO., LTD
 
 
 
 
17.2.20
ROBOTWORX
 
 
18
RESEARCH METHODOLOGY
 
 
 
 
 
18.1
RESEARCH DATA
 
 
 
 
 
18.1.1
SECONDARY DATA
 
 
 
 
 
18.1.1.1
KEY DATA FROM SECONDARY SOURCES
 
 
 
18.1.2
PRIMARY DATA
 
 
 
 
 
18.1.2.1
KEY DATA FROM PRIMARY SOURCES
 
 
 
 
18.1.2.2
KEY PRIMARY PARTICIPANTS
 
 
 
 
18.1.2.3
BREAKDOWN OF PRIMARY INTERVIEWS
 
 
 
 
18.1.2.4
KEY INDUSTRY INSIGHTS
 
 
18.2
MARKET SIZE ESTIMATION
 
 
 
 
 
18.2.1
BOTTOM-UP APPROACH
 
 
 
 
18.2.2
TOP-DOWN APPROACH
 
 
 
 
18.2.3
BASE NUMBER CALCULATION
 
 
 
18.3
MARKET FORECAST APPROACH
 
 
 
 
 
18.3.1
SUPPLY SIDE
 
 
 
 
18.3.2
DEMAND SIDE
 
 
 
18.4
DATA TRIANGULATION
 
 
 
 
18.5
RESEARCH ASSUMPTIONS
 
 
 
 
18.6
RISK ASSESSMENT
 
 
 
 
18.7
LIMITATIONS OF RESEARCH
 
 
 
19
APPENDIX
 
 
 
 
 
19.1
DISCUSSION GUIDE
 
 
 
 
19.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
19.3
AVAILABLE CUSTOMIZATIONS
 
 
 
 
19.4
RELATED REPORTS
 
 
 
 
19.5
AUTHOR DETAILS
 
 
 

Methodology

The research process for this technical, market-oriented, and commercial study of the industrial robotics market included the systematic collection, recording, and analysis of data on companies operating in the market. It involved the extensive use of secondary sources, directories, and databases (Factiva, Oanda) to identify and collect relevant information. In-depth interviews were conducted with primary respondents, including experts from core and related industries and preferred manufacturers, to obtain and verify critical qualitative and quantitative information and to assess the market's growth prospects. Key players in the industrial robotics market were identified through secondary research, and their market rankings were determined through primary and secondary research. This included studying the annual reports of top players and interviewing key industry experts, including CEOs, directors, and marketing executives.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information relevant to this study. Secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly conducted to obtain key information about the supply of the industry; a total pool of key players; segmentation of the market according to industry trends, geographic markets, and key developments from market- and technology-oriented perspectives.

Primary Research

In the primary research process, primary sources from the supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include experts, such as CEOs, vice presidents, marketing directors, technology and innovation directors, subject-matter experts, consultants, and related key executives from major companies and organizations operating in the industrial robotics market.

After the complete market engineering process (market statistics calculations, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research has been conducted to gather information and verify and validate the critical market numbers.

Several primary interviews have been conducted with experts from the demand and supply sides across four major regions—North America, Europe, Asia Pacific, and RoW. Approximately 25% of the primary interviews were conducted with the demand side and 75% with the supply side. This primary data has been collected through questionnaires, emails, and telephonic interviews.

BREAKDOWN OF PRIMARY INTERVIEW PARTICIPANTS

Industrial Robotics Market Size, and Share

Notes: Tier 1 companies include market players with revenues above USD 500 million; tier 2 companies earn revenues between USD 100 million and USD 500 million; and tier 3 companies earn revenues up to USD 100 million.
Other designations include sales, marketing, and product managers.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete market estimation process, the top-down and bottom-up approaches have been used, along with several data triangulation methods, to estimate and forecast the size of the market and its segments and subsegments listed in the report. Extensive qualitative and quantitative analyses have been carried out on the complete market engineering process to list the key information/insights pertaining to the industrial robotics market.

Key players in the industrial robotics market have been identified through secondary research, and their rankings in the respective regions have been determined through primary and secondary research. This entire procedure involved the study of the annual and financial reports of top players and interviews with industry experts, such as chief executive officers, vice presidents, directors, and marketing executives, for quantitative and qualitative insights. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in this report.

BOTTOM-UP APPROACH

  • Identifying shipments of industrial robots at the country levels
  • Analyzing the penetration of each country-level shipment through secondary and primary research
  • Conducting multiple discussion sessions with key opinion leaders to understand the detailed adoption of industrial robots and their implementation by multiple end users; this helped analyze the breakdown of the scope of work carried out by each major company
  • Verifying and cross-checking the estimates at every level with key opinion leaders, including CEOs, directors, and operations managers, and finally with MarketsandMarkets’ domain experts
  • Studying various paid and unpaid sources of information, such as annual reports, press releases, white papers, and databases

TOP-DOWN APPROACH

  • Focusing initially on the top-line investments and expenditures made in the industrial robots ecosystem, further splitting the key market areas based on robot type, payload, offering, application, end-use industry, and region, and listing the key developments
  • Identifying all leading players in the industrial robots market based on type and end-use industry through secondary research and fully verifying them through brief discussions with industry experts
  • Analyzing revenues, product mix, geographic presence, and key verticals served by all identified players to estimate and arrive at percentage splits for all key segments
  • Discussing splits with industry experts to validate the information and identify key growth pockets across all key segments
  • Breaking down the total market based on verified splits and key growth pockets across all segments

Industrial Robotics Market : Top-Down and Bottom-Up Approach

Industrial Robotics Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size from the market size estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the market size has been validated using both top-down and bottom-up approaches.

Market Definition

According to the International Organization for Standardization (ISO 8373), an industrial robot is an automatically controlled, reprogrammable, multipurpose manipulator with three or more axes of motion that can be either fixed in place or mounted on a mobile platform for use in automation applications in an industrial environment.

According to the International Federation of Robotics (IFR), collaborative industrial robots perform tasks alongside workers in industrial settings. These robots comply with ISO 10218-1 and 10218-2, which specify requirements and guidelines for the inherently safe design, protective measures, and use of industrial robots. The industrial robotics market study primarily includes an analysis of industrial robots and brief market information on peripherals, software, and systems engineering required to develop a robotic cell.

Key Stakeholders

  • Original equipment manufacturers (OEMs)
  • Providers of technology solutions
  • Research institutes
  • Market research and consulting firms
  • Forums, alliances, and associations
  • Technology investors
  • Governments and financial institutions
  • Analysts and strategic business planners
  • Existing and prospective end users

Report Objectives

  • To describe and forecast the industrial robotics market, by robot type and offering, in terms of value
  • To describe and forecast the industrial robotics market, by robot type, payload, application, and end-use industry, in terms of value and volume
  • To describe and forecast the industrial robotics market size with respect to four main regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW), in terms of value and volume
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the industrial robotics market
  • To provide a detailed overview of the supply chain, ecosystem analysis, case study analysis, patent analysis, trade analysis, technology analysis, average selling price (ASP) analysis, AI/gen AI impact analysis, Porter’s Five Forces analysis, macroeconomic outlook, and regulations of the market of industrial robotics
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the market
  • To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes the market players on various parameters within the broad categories of business strategy excellence and strength of product portfolios
  • To strategically profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with a detailed competitive landscape of the market
  • To analyze competitive developments, such as acquisitions, product launches, partnerships, expansions, and collaborations, in the industrial robotics market

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TESTIMONIALS

Growth opportunities and latent adjacency in Industrial Robotics Market

Ravi

Nov, 2018

We need to know the industrial robots market size for electronics industry specifically. .

Shoko

Oct, 2017

Interested in a separate study on Philippines industrial robotics market (overall and by industry) and after-market of industrial robotics. Could you please quickly provide estimated fees and timeline for delivery?.

Peter

Jun, 2018

I am currently pursuing MBA and require some market data on industrial Robots for the Oceania region (Australia and New Zealand). Can you help me with this?.

Ivan

Dec, 2014

We are interested in all Market type above and we would like to know more about Robotic molds appertain in Cast Industry. .

Olga

Mar, 2016

Hello, I am interested in the warehousing, logistics and robotics. .

Koji

Apr, 2015

Please let me know if this report include 1.Value chain analysis data 2.Total system cost analysis including materials cost and production cost and units/parts cost by each types of industry robots?.

Nathalie

Mar, 2017

Hi, I'm interested in a sample or an overview of the report before purchase. I'm currently looking for forecasts and predictions in the different markets. .

Yannick

Sep, 2013

Specific interest is in Automotive robotics for different applications such as, dispensing, handling, welding, and fitting. Looking for market size of each application in this industry..

Assaf

Apr, 2017

I am interested in information regarding Milking Robotics and future trends. Last time where I have purchased a report from you -finally the report did not answer my needs and expectations. Before purchasing any new report on milking robots - I would like to get insights on and from the report that will assure me I am getting what I really expecting to get. Can you please provide me this info?.

Arun

Nov, 2016

Does your report have information on industrial robots and various end users of industrial robots?.

Arun

Nov, 2016

Does your report have quantitate information on industrial robots and various end users of industrial robots?.

Patrick

Jul, 2016

I have purchased the report and need to understand what is driving the growth rates for the components of the industrial robots..

Philippe

Jul, 2014

Would you have student version of the report, I am interested in a free version or a much reduced cost version as part of your corporate policy to support higher education?.

Christopher

Jul, 2019

I would like a free sample report to check weather this report fits with what I am looking for..

Luis

May, 2015

I'm doing a study to determine the size of robot market and how to define our strategy to address this market..

Peter

May, 2019

Does this report include information regarding the average unit price / cost for these robots and any unit cost data of their assembly components (gear drives, motors, sensors, structural elements, etc.)?.

MOO

May, 2016

Is there any scope for new entrants in the market? If yes please provide me few start-ups in the market along with entry barriers in the market. Information on best practices in the market will also be well appreciated..

Jeffrey

Mar, 2015

Can you provide me comparative qualitative and quantitate analysis of industrial robots? Make sure to provide unit shipments and ASP of industrial robots. Also provide me the top 10 vendors in the industrial robots market. .

R

Feb, 2019

Interested in purchasing the complete "Industrial Robotics Market". Please suggest me the complete process and any discount offer available. .

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