Global Industrial Robotics Market: Articulated Robots Continue to Hold a Major Share of Industry Revenue

According to this study, Industrial Robotics market size to keep up the strong yearly development rate of 5.3% from USD 32.7 billion in 2017 to 2025. Trust that in the following couple of years, the industry’s showcase size will be extended, we expect that the market size will achieve 49.8 billion by the end of 2025. This industry analysis is a cumulative effort of paid primary interviews through paid data resources, industry veterans, and in-house consulting team with around 15+ years of industry experience. The actual study is of over 200 pages and provides detailed qualitative insights based on industry’s growth potential, market drivers, barriers, future opportunities, key players’ market strategies and thorough competitive landscaping.

Additionally, the report likewise covers strategic analyses such as Porter’s five forces, PEST analysis, leading companies’ market share (value %), and value chain analysis will also be included which will help you to take strategic decision with respect to this market.In addition to that along with the final deliverable, a detailed section will be provided which will highlight the different approaches that were followed along with a detailed list of secondary sources that were referred during the course of market estimation process.

The global industrial robotics market traces its history from the 1960s when the first large-scale application of robots was perfected for automation of automotive industry. Since then, it had a thriving journey by providing the manufacturing sector with programmable and flexible machines for complex tasks, usually on high-volume production lines. Industrial robots offer several benefits, including cost reduction, size reduction, increased rate of operation, and improving quality, which enhances the efficiency and speed of delivery systems. Along with associated advantages such as improved manufacturing efficiency and flexibility Influx of robots with integrated vision and touch are anticipated to stimulate the market growth. Unlike traditional machines, new generation robots include human features such as flexibility, memory, intelligence, objects recognition and learning ability. However, lack of technical skills coupled with high cost hampers the market growth to some extent.

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Key Takeaways:

• In terms of products, articulated robots captured the highest revenue share. The articulated or revolute configuration or jointed-arm is the most common robot used in a manufacturing facility. It’s a 6-7-axis arm, designed for tracking arbitrary paths in three-dimensional space.
• Industrial robotics started its journey with automotive fields; but of late, this market has made its way into non-automotive manufacturing facilities as well
• As of 2017, the automotive segment is accounted for the largest application segment. As per initial findings of the World Robotics Report, around 125,500 units were sold under this segment in 2017
• However, metal application recorded the exceptional growth in recent years. A large number of robotic applications exist in metal processing as the industry relies heavily on automation to boost productivity, control cost and insulate workers from undue risks
• The emerging middle-class countries such as China and India are escalating the demand for consumer goods, medical care, and a high-quality lifestyle. China is the biggest robotics market across the globe with a continued dynamic growth.
• According to the International Federation of Robotics (IFR), in 2017, around 137,900 industrial robots were sold in China, up 59% more compared to the previous year. This growing consumption is bound to make the Asia Pacific, a leading region for industrial robotics.
• Strong product demand is clubbed with the governments’ stimulus packages for the projects planned to improve the infrastructure and related industries.
• Major players in this industry are identified across geographies, and their distribution channels, offerings, and regional presence are understood through in-depth discussions with KoLs
• Some of the prominent players in this market are Kuka AG, ABB Ltd., Yaskawa, Kawasaki Robotics, Adept Technologies, Yamaha Robotics, Toshiba Machine, and Panasonic Welding Solutions Ltd.
• Since the industrial robotics market is highly fragmented, the major part of the revenue comes from the cluster of players which holds less than 1% of the revenue share
• However, Yaskawa Electric emerged as the leader of this market, with approximately 15% revenue share. This company has taken many actions to expand its business operations in growing markets, primarily in Asia Pacific countries, under the “Challenge 100” Medium-term Business Plan.

Browse full report with in-depth ToC on “Industrial Robotics Market, By Product (Cartesian, Articulated, SCARA, and Cylindrical), By Application (Electrical & Electronics, Automotive, Chemical, Machinery, Metals, Food and Beverages, and Precision & optics) and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
https://www.analystviewmarketinsights.com/report-highlight-industrial-robotics-market/

Our research study on global Industrial Robotics market explores:
In-depth Product Segment Analysis of Market into
- Cartesian (Gantry) Robot
- Articulated Robot
- SCARA Robot
- Cylindrical Robot
- Others

In-depth Application Segment Analysis of Market into
- Electrical & Electronics
- Automotive
- Chemical
- Machinery
- Metals
- Food and Beverages
- Precision and optics
- Others

Regional Context: Industrial Robotics market size and trends in
1. North America (U.S. and Canada)
2. Europe (France and Germany)
3. Asia Pacific (India and China)
4. Middle East and Africa
5. Latin America
6. Rest of the World

The Competitive Landscape: A detailed analysis of key players based on their market performance, revenue share, expected market strategies over the next 8-10 years.

Companies are profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles of companies):

1. Kuka AG, ABB Ltd.
2. Yaskawa
3. Kawasaki Robotics
4. Adept Technologies
5. Yamaha Robotics
6. Toshiba Machine
7. Panasonic Welding Solutions Ltd.

Value Proposition of Report:
• The proposed study answers several important questions for stakeholders, primarily which industry segments to focus on in the next three to five years for prioritizing investments
• The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• The study provides a thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

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