Industrial Robotics Market Trends, Industry Growth, and Forecast 2022-2030 | Emergen Research

July 25 21:21 2022
Industrial Robotics Market Trends, Industry Growth, and Forecast 2022-2030 | Emergen Research
Industrial Robotics Market | Emergen Research
Growing penetration of Industrial Internet of Things (IIoT) and Artificial Intelligence (AI) in industrial manufacturing is a key factor driving industrial robotics market revenue growth

The global industrial robotics market size reached USD 42.35 Billion in 2021 and is expected to register a revenue CAGR of 12.3% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of automation, IIoT, and AI in industrial manufacturing in combination with vision and other sensing systems, which enable robots to execute difficult tasks easily is one of the major factors driving revenue growth of the market. In addition, rapid growth of logistics and supply chain where warehouses and distribution centers are increasing demand for industrial robots owing to high priority for timely delivery as well as efficient and cost-effective manufacturing processes.

Rising demand for industrial robots by manufacturers for automation of tasks, improved worker safety, and increased overall production output with reduced wastage and cost-extensive operating costs is one of the key factors driving growth of the market. For instance, collaborative robots or Cobots when fitted with dispensing tools can be utilized for applying glue and other adhesives as well as can be fitted with a sanding kit can be utilized for polishing pieces for a bright and smooth finish. 

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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Major Players/Manufacturers profiled in the report are:

 ABB, FANUC Corporation, YASKAWA Electric Corporation., DAIHEN Corporation, Mitsubishi Electric Corporation, KUKA, DENSO Corporation, NACHI-FUJIKOSHI CORP, Seiko Epson Corporation, and Panasonic Holdings Corporation.

Historical data available in the report elaborates on the development of the Industrial Robotics on national, regional and international levels. Industrial Robotics market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.

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Emergen Research has segmented the global industrial robotics market based on type, application, end-user industry, and region:

  • Type Outlook (Revenue, USD Billion; 2019-2030)
    • SCARA robots
    • Cartesian robots
    • Articulated robots
    • Cylindrical robots
    • Collaborative robots
    • Others
  • Application Outlook (Revenue, USD Billion; 2019-2030)
    • Material handling
    • Welding & soldering
    • Assembling & disassembling
    • Dispensing
    • Processing
    • Others
  • End-User Industry Outlook (Revenue, USD Billion; 2019-2030)
    • Electrical & electronics
    • Automotive
    • Plastics, rubber & chemicals
    • Food & beverages
    • Precision engineering & optics
    • Metals & machinery
    • Others

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Research Methodology

Using secondary sources such as company websites, annual reports, press releases, financial data, investor presentations, articles, news, white papers, certified publications, and government publishing sources as a starting point for the research methodology used to estimate and forecast the size of the Global Industrial Robotics Market. In addition, the research takes into account vendor offers in order to categorise the market.

Using this data, the research then calculates the size of the global Industrial Robotics market using a bottom-up approach. Primary research included thorough interviews with senior executives, chief executive officers, and directors, as well as vice presidents (VPs) and managers to determine the size of the market. These categories and sub-segments were then confirmed and validated by secondary research. Data triangulation processes are then used to complete the total market engineering process and arrive at precise statistics for all segments and sub-segments

Major Regions Covered in the Industrial Robotics Market Report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Our report offers:

Market share assessments for the regional and country level segments.

– Market share analysis of the top industry players.

– Strategic recommendations for the new entrants.

– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets.

– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).

– Strategic recommendations in key business segments based on the market estimations.

– Competitive landscaping mapping the key common trends.

– Company profiling with detailed strategies, financials, and recent developments.

– Supply chain trends mapping the latest technological advancements.

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