Industrial Robotics Market

Industrial Robotics Market by Type (Articulated Robots, Collaborative Robots), Application (Handling, Processing, Dispensing), Industry (Automotive, Electrical & Electronics, Metals & Machinery, Food & Beverages) and Geography - Global Forecast to 2024

Report Code: SE 2733 Oct, 2019, by marketsandmarkets.com

[208 Pages Report] The industrial robotics market size (including the prices of peripherals, software, and system engineering) is expected to grow from USD 48.7 billion in 2019 to USD 75.6 billion by 2024; it is expected to grow at a CAGR of 9.2% during the forecast period. Technological advancements and decreasing costs are making industrial robots more affordable to SMEs and are enabling seamless integration and programming. Shortage of labor and increasing manufacturing requirements is driving the need and acceptance for automation. Rising penetration of collaborative robots in various industries is another factor driving the market.

Industrial Robotics Market

Traditional industrial robots to hold a larger market share in 2019

Traditional industrial robots have been in the market for more than 50 years. In comparison, collaborative robots have only started to gain market share during the last decade. The automotive, electronics, and metal industries account for the major clients for the deployment of traditional industrial robots due to their high volume of production. As long as these industries continue to thrive, traditional industrial robots will hold a majority share of the market. Collaborative robots, simply do not have the speed, accuracy, reach, and payload capacity when compared to traditional industrial robots and, therefore, are not the optimal choice in many cases.

Industrial robotics market for processing application to grow at highest CAGR during the forecast period

As less number of workers are inclined to perform hazardous jobs in processing such as grinding and milling, manufacturers are looking into automation. With advances in software, force/torque sensors, and end-effectors, manufacturers are heavily automating these tasks using robots. Repetitive and strenuous tasks such as surface polishing can be automated for consistent results. Advances in features such as wear and tear compensation of tools are enabling easier programming and deployment of robots for such tasks. Automation in processing applications will significantly minimize the exposure to harmful particulates such as metal dust to factory workers.

Industrial robotics market for the automotive industry to maintain the highest share during 2019–2024

Since the 1960s, the automotive industry continues to use industrial robots in their assembly line. The industry has seen the most extensive use for robots in manufacturing and assembling components such as engines, chassis, axles, and brakes. The automotive industry is one of the biggest users of industrial robots; although, it is gradually losing its share to other sectors. Automotive manufacturers strive for consistency and repeatability since any issue can stop the flow in a vehicle assembly line, significantly reducing production efficiency. In manufacturing, spot welding and painting robots are used extensively. Assembly includes a mix of light and heavy tasks like screw driving, windshield installation, wheel mounting, and labeling.

Industrial Robotics Market

Industrial robotics market in APAC is expected to maintain the highest share during 2019–2024

Although APAC held the largest share in 2018, it lost its share to other regions compared to the previous year. A decrease in sales of industrial robots in countries like China due to the falling demand from the automotive sector and the effects of the US-China trade war is mainly responsible for the slowdown. As a result, major industrial robot manufacturers posted a lower than expected growth and revenue for the year ending 2018. However, APAC remains a significant market for industrial robots and is expected to hold the largest share during the forecast period.

Key Market Players

Major companies in the industrial robotics market are ABB (Switzerland), YASKAWA (Japan), FANUC (Japan), KUKA (Germany), Mitsubishi Electric (Japan), Kawasaki Heavy Industries (Japan), DENSO (Japan), NACHI-FUJIKOSHI (Japan), EPSON (Japan), Dόrr (Germany). Apart from these, Franka Emika (Germany) and Techman Robots (Taiwan) are few of the emerging companies in the industrial robotics market.

YASKAWA (Japan) is one of the key players in the industrial robots market. YASKAWA is engaged in the manufacture, sale, installation, maintenance, and engineering of mechatronics products. It operates in four primary business segments that include Motion Control, Robotics, System Engineering, and Other. The Robotics segment is responsible for supplying articulated robots for various applications that include welding, assembly, palletizing, machining, deburring, and painting. The company offers both traditional as well as collaborative industrial robots, which includes articulated and parallel robots. The payload capacity of robots offered range anywhere from 0.5 Kg to 900 Kg. These line-up of robots are offered under the MOTOMAN brand. YASKAWA has established a business operation in 30 countries and has production facilities in 12 countries around the world. The company has subsidiaries at major countries across North America, Europe, APAC, Middle East, Africa, and South America. Some of the major subsidiaries of YASKAWA are YASKAWA Electric (China) Co., Ltd. (China), YASKAWA Europe GmbH (Germany), YASKAWA America, Inc. (US), and YASKAWA Electric India Pvt. Ltd. (India).

Scope of the Report:

Report Metric

Details

Market size available for years

2016–2024

Base year

2018

Forecast period

2019–2024

Units

Value (USD) and Volume (Units)

Segments covered

Type, Application, Industry, and Region

Geographic regions covered

North America, Europe, APAC, and RoW

Companies covered

ABB (Switzerland), YASKAWA (Japan), FANUC (Japan), KUKA (Germany), Mitsubishi Electric (Japan), Kawasaki Heavy Industries (Japan), DENSO (Japan), NACHI-FUJIKOSHI (Japan), EPSON (Japan), Dόrr (Germany), Universal Robots (Denmark), Omron Adept (US), b+m Surface Systems (Germany), Stδubli (Switzerland), Comau (Italy), Yamaha (Japan), IGM (Austria), ST Robotics (US), Franka Emika (Germany), CMA Robotics (Italy), Delta Electronics (Taiwan), Rethink Robotics (Germany), Techman Robots (Taiwan), Precise Automation (US), and Siasun (China)

This report categorizes the industrial robotics market based on type, application, industry, and region.

By Type:

  • Traditional Industrial Robots (Articulated, SCARA, Parallel, Cartesian, Cylindrical, Spherical, and Swing-arm robots)
  • Collaborative Industrial Robots

By Application:

  • Handling
  • Assembling & Disassembling
  • Welding & Soldering
  • Dispensing (Gluing, Painting, and Food)
  • Processing (Grinding and Polishing, Milling, and Cutting)
  • Others (Inspection & Testing and Die-casting & Molding)

By Industry:

  • Automotive
  • Electrical & Electronics
  • Metals & Machinery
  • Plastics, Rubber, & Chemicals
  • Food & Beverages
  • Precision Engineering & Optics
  • Pharmaceuticals & Cosmetics
  • Others (Oil & gas; paper & printing; foundry & forging; ceramics & stone; construction; and wood)

By Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • India
    • Rest of APAC
  • RoW
    • Middle East & Africa
    • South America

Key Questions Addressed in the Report

  • As new companies enter the market, especially for collaborative robots, who will account for a larger market share in its category?
  • How will the market value and growth of industrial robots change when the process of peripherals, software, and system engineering are taken into account?
  • How will disruptive technologies such as AI, IoT, and 5G change the industrial robotics landscape in the future?
  • In 2018, APAC experienced a slowdown in growth due to a decline of shipment in China. Will other countries in APAC now drive the growth in the region or Europe will outpace APAC in growth?
  • What are the key market dynamics influencing market growth? How will it play into the strength and weaknesses of the company operating in the marketspace?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 20)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Years Considered
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
           2.2.3 Market Projections
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Market Opportunities in Industrial Robotics Market
    4.2 Industrial Robotics Market, By Type
    4.3 Traditional Industrial Robots Market, By Type
    4.4 Collaborative Robot Market, By Application
    4.5 Traditional Industrial Robotics Market in APAC, By Industry vs By Country
    4.6 Traditional Industrial Robotics Market, By Country

5 Market Overview (Page No. - 40)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Growing Demand for Collaborative Robots Across All Industry Segments
                    5.1.1.2 Anticipated Shortage of Skilled Labor in Manufacturing Industries
           5.1.2 Restraints
                    5.1.2.1 High Cost of Deployment, Especially for SMEs
                    5.1.2.2 Reduction of Jobs Due to Automation
           5.1.3 Opportunities
                    5.1.3.1 Increasing Automation in Electronics Industry
           5.1.4 Challenges
                    5.1.4.1 Interoperability and Integration Issues With Industrial Robots
    5.2 Value Chain Analysis
    5.3 Technology Trends
                    5.3.1.1 Integration of Vision Systems With Industrial Robots
                    5.3.1.2 Penetration of IIoT and AI in Industrial Manufacturing
                    5.3.1.3 Penetration of 5G in Industrial Manufacturing

6 Industrial Robotics Market, By Type (Page No. - 50)
    6.1 Introduction
    6.2 Traditional Industrial Robots
           6.2.1 Traditional Industrial Robots Held Majority Market Share Compared With Collaborative Robots
           6.2.2 Articulated Robots
                    6.2.2.1 Articulated Robots Held Largest Size of Industrial Robotics Market in 2018
           6.2.3 Scara Robots
                    6.2.3.1 Scara Robots to Witness Highest Growth During Forecast Period
           6.2.4 Parallel Robots
                    6.2.4.1 Parallel Robots are Ideal for Moving Small Payloads at Very High Speeds
           6.2.5 Cartesian Robots
                    6.2.5.1 Cartesian Robots have Simple Movements and are Easy to Program
           6.2.6 Others
                    6.2.6.1 Cylindrical Robots
                               6.2.6.1.1 Cylindrical Robots have Cylindrical Workspace
                    6.2.6.2 Spherical Robots
                               6.2.6.2.1 Many Modern Industrial Robots are Based on Principle of Spherical Robots
                    6.2.6.3 Swing-Arm Robots
                               6.2.6.3.1 Swing-Arm Robots Consist of Oscillating Arm and are Used for Low Cost Applications
    6.3 Collaborative Industrial Robots
           6.3.1 Collaborative Robots have Huge Potential in Industries as They Can Operate Safely Alongside Humans

7 Industrial Robotics Market, By Application (Page No. - 76)
    7.1 Introduction
    7.2 Handling
           7.2.1 Handling Application to Dominate Industrial Robotics Market By 2019
    7.3 Assembling and Disassembling
           7.3.1 Assembly Application Requires Robots That Can Deliver Speed and Precision
    7.4 Welding and Soldering
           7.4.1 Robots With Hollow Wrist Designs are Used for Welding
    7.5 Dispensing
           7.5.1 Gluing
                    7.5.1.1 Automotive and Electronics Industries Require Highly Precise Adhesive Dispensers
           7.5.2 Painting
                    7.5.2.1 Robots Used for Painting Must Be Explosion and Contamination Proof
           7.5.3 Food Dispensing
                    7.5.3.1 Dispensing Robots Used in Food Industry Must Be Certified
    7.6 Processing
           7.6.1 Grinding and Polishing
                    7.6.1.1 Automated Grinding and Polishing Improve Consistency of Finish for Each Workpiece
           7.6.2 Milling
                    7.6.2.1 Robotic Milling is Ideal for Large Workpieces
           7.6.3 Cutting
                    7.6.3.1 Robotic Cutting is Employed in Variety of Industries
    7.7 Others
           7.7.1 Inspection and Quality Testing
                    7.7.1.1 Automated Inspection Enhances Repeatability of Inspection Procedures
           7.7.2 Die-Casting and Molding
                    7.7.2.1 Foundry and Forging Robots are Used in Die-Casting and Molding Applications

8 Industrial Robotics Market, By Industry (Page No. - 93)
    8.1 Introduction
    8.2 Automotive
           8.2.1 Automotive Industry Accounted for Largest Size of Industrial Robotics Market in 2018
    8.3 Electrical & Electronics
           8.3.1 Scara Robots are Extensively Used in Electrical & Electronics Industry for Handling Applications
    8.4 Metals & Machinery
           8.4.1 Metals & Machinery Industry to Witness Highest CAGR During Forecast Period
    8.5 Plastics, Rubber, & Chemicals
           8.5.1 Robotic Molding and Handling is Often Used in Plastics, Rubber, and Chemicals Industry
    8.6 Food & Beverages
           8.6.1 Food Grade and Ip67 Certified Robots are Often Used in Food & Beverages Industry
    8.7 Precision Engineering and Optics
           8.7.1 Robotic Buffing and Polishing are A Few Tasks Performed in Precision Engineering and Optics Industry
    8.8 Pharmaceuticals and Cosmetics
           8.8.1 Robots are Increasingly Being Used in Hospitals and Research Laboratories for Handling and Dispensing Applications
    8.9 Others
           8.9.1 Industrial Robots are Also Being Used in Small and Emerging Industries Such as Furniture and Sculpting

9 Geographic Analysis (Page No. - 125)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 US Held Largest Share of Traditional Industrial Robotics Market in North America in 2018
           9.2.2 Canada
                    9.2.2.1 Canada is Focusing on Automating and Promoting Growth of Its Electrical & Electronics Industry Using Industrial Robots
           9.2.3 Mexico
                    9.2.3.1 Traditional Industrial Robotics Market in Mexico is Expected to Grow at Highest CAGR During Forecast Period
    9.3 Europe
           9.3.1 Germany
                    9.3.1.1 Germany Held Largest Share of Traditional Industrial Robotics Market in Europe in 2018
           9.3.2 Italy
                    9.3.2.1 Italy Held Second-Largest Share of Traditional Industrial Robotics Market in Europe in 2018
           9.3.3 France
                    9.3.3.1 Electric and Hybrid Vehicles Expected to Drive Demand for Robots in Automotive Sector in France
           9.3.4 Spain
                    9.3.4.1 Traditional Industrial Robotics Market in Spain is Projected to Witness Highest Growth in Europe During Forecast Period
           9.3.5 UK
                    9.3.5.1 Political Uncertainty to Affect Import and Export in UK, Impacting Market for Industrial Robots
           9.3.6 Rest of Europe
                    9.3.6.1 Although Having Smaller Market Share, Other Countries in Europe have Good Robot Density
    9.4 APAC
           9.4.1 China
                    9.4.1.1 China Held Largest Share of Traditional Industrial Robotics Market in APAC in 2018,Despite Decrease in Shipment in Comparison to 2017
           9.4.2 South Korea
                    9.4.2.1 Electrical and Electronics Industry in South Korea to Drive Market for Industrial Robots
           9.4.3 Japan
                    9.4.3.1 Japan Held Second-Largest Share of Traditional Industrial Robotics Market in APAC in 2018
           9.4.4 Taiwan
                    9.4.4.1 Electrical & Electronics and Metals & Machining Industries in Taiwan to Drive Market for Industrial Robots
           9.4.5 India
                    9.4.5.1 Indian Market for Traditional Industrial Robots is Expected to Grow at Highest CAGR During Forecast Period
           9.4.6 Thailand
                    9.4.6.1 Government Initiatives in Thailand to Boost Demand for Industrial Robots
           9.4.7 Rest of APAC
                    9.4.7.1 Other Countries in APAC have Begun to Embrace Automation and Robotics in Manufacturing
    9.5 RoW
           9.5.1 Middle East & Africa
                    9.5.1.1 Automation is Being Adopted Across Various Industries in Middle East & Africa
           9.5.2 South America
                    9.5.2.1 Automotive Industry is Main Driver for Use of Industrial Robots in South American Countries

10 Components of Industrial Robotics System (Page No. - 146)
     10.1 Introduction
     10.2 Robotic Arm
     10.3 End Effector
             10.3.1 Welding Gun
             10.3.2 Gripper
                        10.3.2.1 Mechanical
                        10.3.2.2 Electric
                        10.3.2.3 Magnetic
             10.3.3 Tool Changer
             10.3.4 Clamp
             10.3.5 Suction Cup
             10.3.6 Others (Deburring, Milling, Soldering, Painting Tools, and Screwdrivers)
                        10.3.6.1 Deburring Tools
                        10.3.6.2 Milling Tools
                        10.3.6.3 Soldering Tools
                        10.3.6.4 Painting Tools
                        10.3.6.5 Screwdrivers
     10.4 Drive
             10.4.1 Hydraulic Drive
             10.4.2 Electric Drive
             10.4.3 Pneumatic Drive
     10.5 Controller
     10.6 Sensor
     10.7 Power Supply
     10.8 Motor
     10.9 Others

11 Competitive Landscape (Page No. - 154)
     11.1 Overview
     11.2 Market Share Analysis: Industrial Robotics Market, 2018
             11.2.1 Traditional Industrial Robots Market Share Analysis, 2018
             11.2.2 Collaborative Robots Market Share Analysis, 2018
     11.3 Competitive Leadership Mapping
             11.3.1 Visionary Leaders
             11.3.2 Dynamic Differentiators
             11.3.3 Innovators
             11.3.4 Emerging Companies
             11.3.5 Strength of Product Portfolio (25 Players)
             11.3.6 Business Strategy Excellence (25 Players)
     11.4 Competitive Situations and Trends
             11.4.1 Product Launches
             11.4.2 Partnerships and Collaborations
             11.4.3 Expansions
             11.4.4 Acquisitions
             11.4.5 Contracts and Agreements

12 Company Profiles (Page No. - 167)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     12.1 Key Players
             12.1.1 ABB
             12.1.2 Yaskawa
             12.1.3 Fanuc
             12.1.4 Kuka
             12.1.5 Mitsubishi Electric
             12.1.6 Kawasaki Heavy Industries
             12.1.7 Denso Corporation
             12.1.8 Nachi-Fujikoshi
             12.1.9 Seiko Epson
             12.1.10 Dόrr
     12.2 Other Key Players
             12.2.1 Universal Robots
             12.2.2 Omron Adept
             12.2.3 B+M Surface Systems
             12.2.4 Stδubli
             12.2.5 Comau
             12.2.6 Yamaha
             12.2.7 IGM
             12.2.8 ST Robotics
             12.2.9 Franka Emika
             12.2.10 Cma Robotics

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 201)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details


List of Tables (135 Tables)

Table 1 Total Size and Shipment for Industrial Robotics Market, in Terms of Value and Volume, 2016–2024
Table 2 Summary of Technology Trends in Industrial Robotics Market
Table 3 List of Top Manufacturers of 3D Vision Systems
Table 4 Industrial Robotics Market, By Type, 2016–2024 (USD Million)
Table 5 Industrial Robotics Market, By Type, 2016–2024 (Thousand Units)
Table 6 Industrial Robotics Market in Terms of Volume, 2016–2024 (Thousand Units)
Table 7 Industrial Robotics Market for Traditional Robots, By Type, 2016–2024 (USD Billion)
Table 8 Industrial Robotics Market for Traditional Robots, By Type, 2016–2024 (USD Million)
Table 9 Industrial Robotics Market for Traditional Robots, By Type, 2016–2024 (Units)
Table 10 Articulated Robots: Summary Table
Table 11 Industrial Robotics Market for Articulated Robots, By Application, 2016–2024 (USD Billion)
Table 12 Industrial Robotics Market for Articulated Robots, By Application, 2016–2024 (Thousand Units)
Table 13 Industrial Robotics Market for Articulated Robots, By Industry, 2016–2024 (USD Million)
Table 14 Industrial Robotics Market for Articulated Robots, By Industry, 2016–2024 (Units)
Table 15 Scara Robots: Summary Table
Table 16 Industrial Robotics Market for Scara Robots, By Application, 2016–2024 (USD Million)
Table 17 Industrial Robotics Market for Scara Robots, By Application, 2016–2024 (Units)
Table 18 Industrial Robotics Market for Scara Robots, By Industry, 2016–2024 (USD Million)
Table 19 Industrial Robotics Market for Scara Robots, By Industry, 2016–2024 (Units)
Table 20 Parallel Robots: Summary Table
Table 21 Industrial Robotics Market for Parallel Robots, By Application, 2016–2024 (USD Million)
Table 22 Industrial Robotics Market for Parallel Robots, By Application, 2016–2024 (Units)
Table 23 Industrial Robotics Market for Parallel Robots, By Industry, 2016–2024 (USD Million)
Table 24 Industrial Robotics Market for Parallel Robots, By Industry, 2016–2024 (Units)
Table 25 Cartesian Robots: Summary Table
Table 26 Industrial Robotics Market for Cartesian Robots, By Application, 2016–2024 (USD Million)
Table 27 Industrial Robotics Market for Cartesian Robots, By Application, 2016–2024 (Units)
Table 28 Industrial Robotics Market for Cartesian Robots, By Industry, 2016–2024 (USD Million)
Table 29 Industrial Robotics Market for Cartesian Robots, By Industry, 2016–2024 (Units)
Table 30 Cylindrical Robots: Summary Table
Table 31 Spherical Robots: Summary Table
Table 32 Swing-Arm Robots: Summary Table
Table 33 Industrial Robotics Market for Other Robots, By Application, 2016–2024 (USD Million)
Table 34 Industrial Robotics Market for Other Robots, By Application, 2016–2024 (Units)
Table 35 Industrial Robotics Market for Other Robots, By Industry, 2016–2024 (USD Million)
Table 36 Industrial Robotics Market for Other Robots, By Industry, 2016–2024 (Units)
Table 37 Collaborative Industrial Robots: Summary Table
Table 38 Industrial Robotics Market for Collaborative Robots, in Terms of Value and Volume, 2016–2024
Table 39 Industrial Robotics Market, By Application, 2016–2024 (Units)
Table 40 Industrial Robotics Market, By Application, 2016–2024 (USD Million)
Table 41 Industrial Robotics Market for Traditional Robots, By Application, 2016–2024 (USD Million)
Table 42 Industrial Robotics Market for Traditional Robots, By Application, 2016–2024 (Thousand Units)
Table 43 Industrial Robotics Market for Collaborative Robots, By Application 2016–2024 (USD Million)
Table 44 Industrial Robotics Market for Collaborative Robots, By Application, 2016–2024 (Units)
Table 45 Industrial Robotics Market for Handling Application, By Robot Type, 2016–2024 (Units)
Table 46 Traditional Industrial Robots Market for Handling Application, By Robot Type, 2016–2024 (Units)
Table 47 Industrial Robotics Market for Handling Application, By Robot Type, 2016–2024 (USD Million)
Table 48 Industrial Robotics Market for Assembling and Disassembling Application, By Robot Type, 2016–2024 (Units)
Table 49 Traditional Industrial Robots Market for Assembling and Disassembling Application, By Robot Type, 2016–2024 (Units)
Table 50 Industrial Robotics Market for Assembling and Disassembling Application, By Robot Type, 2016–2024 (USD Million)
Table 51 Industrial Robotics Market for Welding and Soldering Application, By Robot Type, 2016–2024 (Units)
Table 52 Traditional Industrial Robots Market for Welding and Soldiering Application, By Robot Type, 2016–2024 (Units)
Table 53 Industrial Robotics Market for Welding and Soldering Application, By Robot Type, 2016–2024 (USD Million)
Table 54 Industrial Robotics Market for Dispensing Application, By Robot Type, 2016–2024 (Units)
Table 55 Traditional Industrial Robots Market for Dispensing Application, By Robot Type, 2016–2024 (Units)
Table 56 Industrial Robotics Market for Dispensing Application, By Robot Type, 2016–2024 (USD Thousand)
Table 57 Industrial Robotics Market for Processing Application, By Robot Type, 2016–2024 (Units)
Table 58 Traditional Industrial Robots Market for Processing Application, By Robot Type, 2016–2024 (Units)
Table 59 Industrial Robotics Market for Processing Application, By Robot Type, 2016–2024 (USD Thousand)
Table 60 Industrial Robotics Market for Other Applications, By Robot Type, 2016–2024 (Units)
Table 61 Traditional Industrial Robot Market for Other Applications, By Robot Type, 2016–2024 (Units)
Table 62 Industrial Robotics Market for Other Applications, By Robot Type, 2016–2024 (USD Million)
Table 63 Industrial Robotics Market, By Industry, 2016–2024 (USD Million)
Table 64 Industrial Robotics Market, By Industry, 2016–2024 (Units)
Table 65 Industrial Robotics Market for Traditional Robots, By Industry, 2016–2024 (USD Million)
Table 66 Industrial Robotics Market for Traditional Robots, By Industry, 2016–2024 (Units)
Table 67 Industrial Robotics Market for Collaborative Robots, By Industry, 2016–2024 (USD Million)
Table 68 Industrial Robotics Market for Collaborative Robots, By Industry, 2016–2024 (Units)
Table 69 Traditional Industrial Robots Market for Automotive Industry, By Region, 2016–2024 (Units)
Table 70 Traditional Industrial Robots Market for Automotive Industry in North America, By Country, 2016–2024 (Units)
Table 71 Traditional Industrial Robots Market for Automotive Industry in Europe, By Country, 2016–2024 (Units)
Table 72 Traditional Industrial Robots Market for Automotive Industry in APAC, By Country, 2016–2024 (Units)
Table 73 Traditional Industrial Robots Market for Automotive Industry in RoW, By Region, 2016–2024 (Units)
Table 74 Traditional Industrial Robots Market for Electrical & Electronics Industry, By Region, 2016–2024 (Units)
Table 75 Traditional Industrial Robots Market for Electrical and Electronics Industry in North America, By Country, 2016–2024 (Units)
Table 76 Traditional Industrial Robots Market for Electrical and Electronics Industry in Europe, By Country, 2016–2024 (Units)
Table 77 Traditional Industrial Robots Market for Electrical and Electronics Industry in APAC, By Country, 2016–2024 (Units)
Table 78 Traditional Industrial Robots Market for Electrical and Electronics Industry in RoW, By Region, 2016–2024 (Units)
Table 79 Traditional Industrial Robots Market for Metals & Machinery Industry, By Region, 2016–2024 (Units)
Table 80 Traditional Industrial Robots Market for Metals and Machinery Industry in North America, By Country, 2016–2024 (Units)
Table 81 Traditional Industrial Robots Market for Metals and Machinery Industry in Europe, By Country, 2016–2024 (Units)
Table 82 Traditional Industrial Robots Market for Metals and Machinery Industry in APAC, By Country, 2016–2024 (Units)
Table 83 Traditional Industrial Robots Market for Metals and Machinery Industry in RoW, By Region, 2016–2024 (Units)
Table 84 Traditional Industrial Robots Market for Plastics, Rubber, & Chemicals Industry, By Region, 2016–2024 (Units)
Table 85 Traditional Industrial Robots Market for Plastics, Rubber, & Chemicals Industry in North America, By Country, 2016–2024 (Units)
Table 86 Traditional Industrial Robots Market for Plastics, Rubber, & Chemicals Industry in Europe, By Country, 2016–2024 (Units)
Table 87 Traditional Industrial Robots Market for Plastics, Rubber, & Chemicals Industry in APAC, By Country, 2016–2024 (Units)
Table 88 Traditional Industrial Robots Market for Plastics, Rubber, & Chemicals Industry in RoW, By Region, 2016–2024 (Units)
Table 89 Traditional Industrial Robots Market for Food & Beverages Industry, By Region, 2016–2024 (Units)
Table 90 Traditional Industrial Robots Market for Food & Beverages Industry in North America, By Country, 2016–2024 (Units)
Table 91 Traditional Industrial Robots Market for Food & Beverages Industry in Europe, By Country, 2016–2024 (Units)
Table 92 Traditional Industrial Robots Market for Food & Beverages Industry in APAC, By Country, 2016–2024 (Units)
Table 93 Traditional Industrial Robots Market for Food & Beverages Industry in RoW, By Region, 2016–2024 (Units)
Table 94 Traditional Industrial Robots Market for Precision Engineering and Optics Industry, By Region, 2016–2024 (Units)
Table 95 Traditional Industrial Robots Market for Precision Engineering and Optics Industry in North America, By Country, 2016–2024 (Units)
Table 96 Traditional Industrial Robots Market for Precision Engineering and Optics Industry in Europe, By Country, 2016–2024 (Units)
Table 97 Traditional Industrial Robots Market for Precision Engineering and Optics Industry in APAC, By Country, 2016–2024 (Units)
Table 98 Traditional Industrial Robots Market for Precision Engineering and Optics Industry in RoW, By Region, 2016–2024 (Units)
Table 99 Traditional Industrial Robots Market for Pharmaceuticals and Cosmetics Industry, By Region, 2016–2024 (Units)
Table 100 Traditional Industrial Robots Market for Pharmaceuticals and Cosmetics Industry in North America, By Country, 2016–2024 (Units)
Table 101 Traditional Industrial Robots Market for Pharmaceuticals and Cosmetics Industry in Europe, By Country, 2016–2024 (Units)
Table 102 Traditional Industrial Robots Market for Pharmaceuticals and Cosmetics Industry in APAC, By Country, 2016–2024 (Units)
Table 103 Traditional Industrial Robots Market for Pharmaceuticals and Cosmetics Industry in RoW, By Region, 2016–2024 (Units)
Table 104 Traditional Industrial Robots Market for Other Industries, By Region, 2016–2024 (Units)
Table 105 Traditional Industrial Robots Market for Others in North America, By Country, 2016–2024 (Units)
Table 106 Traditional Industrial Robots Market for Others in Europe, By Country, 2016–2024 (Units)
Table 107 Traditional Industrial Robots Market for Others in APAC, By Country, 2016–2024 (Units)
Table 108 Traditional Industrial Robots Market for Others in RoW, By Region, 2016–2024 (Units)
Table 109 Traditional Industrial Robotics Market, By Region, 2016–2024 (USD Million)
Table 110 Traditional Industrial Robotics Market, By Region, 2016–2024 (Units)
Table 111 Collaborative Industrial Robotics Market, By Region, 2016–2024 (USD Million)
Table 112 Collaborative Industrial Robotics Market, By Region, 2016–2024 (Units)
Table 113 Traditional Industrial Robotics Market in North America, By Country, 2016–2024 (Units)
Table 114 Traditional Industrial Robotics Market in North America, By Industry, 2016–2024 (Units)
Table 115 Collaborative Industrial Robotics Market in North America, By Country, 2016–2024 (USD Million)
Table 116 Collaborative Industrial Robotics Market in North America, By Country, 2016–2024 (Units)
Table 117 Traditional Industrial Robotics Market in Europe, By Country, 2016–2024 (Units)
Table 118 Traditional Industrial Robotics Market in Europe, By Industry, 2016–2024 (Units)
Table 119 Collaborative Industrial Robotics Market in Europe, By Country, 2016–2024 (USD Million)
Table 120 Collaborative Industrial Robotics Market in Europe, By Country, 2016–2024 (Units)
Table 121 Traditional Industrial Robotics Market in APAC, By Country, 2016–2024 (Units)
Table 122 Traditional Industrial Robotics Market in APAC, By Industry, 2016–2024 (Units)
Table 123 Collaborative Industrial Robotics Market in APAC, By Country, 2016–2024 (USD Million)
Table 124 Collaborative Industrial Robotics Market in APAC, By Country, 2016–2024 (Units)
Table 125 Traditional Industrial Robotics Market in RoW, By Region, 2016–2024 (Units)
Table 126 Traditional Industrial Robotics Market in RoW, By Industry, 2016–2024 (Units)
Table 127 Collaborative Industrial Robotics Market in RoW, By Region, 2016–2024 (USD Million)
Table 128 Collaborative Industrial Robotics Market in RoW, By Region, 2016–2024 (Units)
Table 129 Contribution of Various End Effectors to Overall Cost of A Robotic System (2018)
Table 130 Comparison Between Mechanical, Electric, and Pneumatic Grippers
Table 131 Product Launches, 2016–2018
Table 132 Partnerships and Collaborations, 2016–2018
Table 133 Expansions, 2016–2018
Table 134 Acquisitions, 2016–2018
Table 135 Contracts and Agreements, 2016–2018


List of Figures (60 Figures)

Figure 1 Segmentation of Industrial Robotics Market
Figure 2 Industrial Robotics Market: Research Design
Figure 3 Industrial Robotics Market: Bottom-Up Approach
Figure 4 Industrial Robotics Market: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Articulated Robots to Account for Largest Size of Traditional Industrial Robots Market During Forecast Period
Figure 7 Handling Application to Hold Largest Share of Industrial Robotics Market, in Terms of Volume, By 2024
Figure 8 Automotive Industry to Exhibit Largest Size of Traditional Industrial Robotics Market During Forecast Period
Figure 9 APAC to Hold Largest Share of Traditional Industrial Robotics Market, in Terms of Volume, in 2019
Figure 10 Growing Demand for Collaborative Robots Across All Industry Segments to Drive Growth of Industrial Robotics Market During Forecast Period
Figure 11 Market for Collaborative Industrial Robots to Grow at Higher CAGR During Forecast Period
Figure 12 in Terms of Volume, Articulated Robots to Hold Largest Share of Traditional Industrial Robots Market By 2019
Figure 13 Handling Application to Hold Largest Share of Collaborative Robot Market in 2019
Figure 14 Automotive Industry to Hold Largest Share of Traditional Industrial Robotics Market in APAC in 2019
Figure 15 China to Hold Largest Share of Traditional Industrial Robotics Market in 2019
Figure 16 Industrial Robotics Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Value Chain Analysis of Industrial Robots Ecosystem: R&D and Manufacturing Phases Contribute Maximum Value
Figure 18 Market for Collaborative Robots to Grow at Higher CAGR During Forecast Period
Figure 19 Market for Articulated Robots to Register Largest Shipment in 2019
Figure 20 Representation of 6-Axis Articulated Robot
Figure 21 Market for Articulated Robots for Metals and Machinery Industry to Grow at Highest CAGR During Forecast Period
Figure 22 Representation of 4-Axis Scara Robot
Figure 23 Scara Robots Will Be Shipped Primarily for Handling Applications During Forecast Period
Figure 24 Representation of Parallel Robot
Figure 25 Market for Parallel Robots in Food and Beverages Industry to Grow at Highest CAGR During Forecast Period
Figure 26 Representation of Cartesian Robot
Figure 27 Processing Application to Witness Highest CAGR in Market for Cartesian Robots During Forecast Period
Figure 28 Other Robots Will Primarily Be Adopted for Handling Applications During Forecast Period
Figure 29 Handling Application to Hold Largest Share of Industrial Robotics Market By 2019
Figure 30 Handling Application to Hold Largest Size of Collaborative Industrial Robots Market By 2019
Figure 31 Automotive Industry to Maintain Largest Size of Industrial Robotics Market During Forecast Period
Figure 32 Automotive to Maintain Largest Size of Traditional Industrial Robots Market During Forecast Period
Figure 33 Metals and Machinery Industry to Record Highest CAGR in Market for Collaborative Robots During Forecast Period
Figure 34 Automotive Industry in APAC to Maintain Highest Share During the Forecast Period
Figure 35 Market for Electrical & Electronics Industry in APAC to Grow at Highest CAGR During Forecast Period
Figure 36 Market for Metals and Machinery Industry in APAC to Grow at Highest CAGR During Forecast Period
Figure 37 Plastics, Rubber, & Chemicals Industry in APAC to Maintain Highest Share During Forecast Period
Figure 38 APAC to Be Fastest-Growing Region in Traditional Industrial Robots Market for Food & Beverages Industry During Forecast Period
Figure 39 Market for Precision Engineering and Optics Industry in Europe to Grow at Highest CAGR During Forecast Period
Figure 40 Pharmaceuticals and Cosmetics Industry in APAC to Maintain Highest Share During the Forecast Period
Figure 41 Other Industries in APAC to Maintain Highest Share During Forecast Period
Figure 42 Traditional Industrial Robotics Market in Spain to Grow at Highest CAGR During Forecast Period
Figure 43 North America: Snapshot of Industrial Robotics Market
Figure 44 Europe: Snapshot of Industrial Robotics Market
Figure 45 APAC: Snapshot of Industrial Robotics Market
Figure 46 Middle East & Africa to Maintain Higher Share During Forecast Period
Figure 47 Players in Industrial Robotics Market Adopted New Product Launches as Their Key Strategy for Business Expansion From, 2016 to 2018
Figure 48 Traditional Industrial Robots Market Share Analysis, 2018
Figure 49 Industrial Robotics Market (Global) Competitive Leadership Mapping, 2018
Figure 50 Industrial Robotics Market Witnessed A Significant Growth Between January 2016 and December 2018
Figure 51 ABB: Company Snapshot
Figure 52 Yaskawa: Company Snapshot
Figure 53 Fanuc: Company Snapshot
Figure 54 Kuka: Company Snapshot
Figure 55 Mitsubishi Electric: Company Snapshot
Figure 56 Kawasaki Heavy Industries: Company Snapshot
Figure 57 Denso: Company Snapshot
Figure 58 Company Snapshot: Nachi-Fujikoshi
Figure 59 Company Snapshot: Seiko Epson
Figure 60 Dόrr: Company Snapshot

The study involved four major activities in estimating the current size of the industrial robotics market. Exhaustive secondary research has been done to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

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

After the complete market engineering (which includes calculations for market statistics, market breakdown, data triangulation, market size estimations, and market forecasting), extensive primary research has been carried out to gather information, as well as to verify and validate the critical numbers arrived at.

Primary Research

Extensive primary research has been conducted after gaining knowledge about the industrial robotics market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand (commercial application providers) and supply (equipment manufacturers and distributors) sides across four major regions: North America, Europe, APAC, and RoW. Approximately 20% and 80% primary interviews have been conducted with parties from the demand side and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews.

Industrial Robotics Market

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

Market Size Estimation

In the complete engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the industrial robotics market and other dependent submarkets. Key players in the market have been determined through primary and secondary research. This entire research methodology involves the study of the annual and financial reports of top market players and extensive interviews with industry experts, such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) about the industrial robotics market.

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the market segments covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analyses from MarketsandMarkets and presented in the report.

Data Triangulation

After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both demand and supply sides in handling; assembling and dissembling; welding and soldering; processing; and dispensing applications.

Report Objectives

  • To describe and forecast the industrial robotics market in terms of value and volume, segmented based on type, application, and industry
  • To describe and forecast the market size, in terms of value and volume, for four main regions: North America, Europe, APAC, and RoW
  • To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To provide a detailed overview of the value chain pertaining to the industrial robots ecosystem
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
  • To analyze opportunities in the market for various stakeholders by identifying high-growth segments of the industrial robotics market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix that gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to 5).
Report Code
SE 2733
Published ON
Oct, 2019
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