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Global Industrial Robot Market: Size, Trends & Forecasts...
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Global Industrial Robot Market: Size, Trends & Forecasts
(2019-2023)
April 2019
Global Industrial Robot Market: Coverage
Executive Summary and Scope
Introduction/Market Overview
Global Market Analysis
Regional Market Analysis
Dynamics
Competitive Landscape
Company Profiling
Global Industrial Robot Market: Coverage
Attributes Details
Title Global Industrial Robot Market: Size, Trends & Forecasts (2019-2023)
Coverage Global and Regional
Regional Coverage Asia-Pacific, Europe, Americas, ROW
Market Influencing Variables Growth Drivers, Challenges, Market Trends
Forecast Period of Market 2019-2023
Competition in the Market Fragmented
Key Players Fanuc Corporation, ABB Group, KUKA Group, Yaskawa Electric Corporation
Scope of the Report
Global Industrial Robot Market
Industrial robots are mechanical devices which are used in the manufacturing industry for performing complex and dangerous tasks withgreater efficiency as compared to human workers. The robots have the capability of replicating human motions and prove to be veryuseful in carrying out repetitive tasks. Industrial robots can be easily programmed for performing a variety of tasks such as welding,painting, assembling and disassembling and product inspection.
Industrial robots have been segmented on the basis of type, end-user and function. The types of industrial robots include articulated,Cartesian, cylindrical, selective compliant assembly robot arm (SCARA), parallel and others.
On the basis of application, industrial robots have been divided into automotive, electrical/ electronics, metal and machinery, plastic andchemical products, food and others. Various functions performed by industrial robots include soldering and welding, material handling,assembling and disassembling, painting and dispensing, milling, cutting, processing, etc.
The global industrial robot market has witnessed continuous growth in the past few years and is projected to grow even further during theforecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as growing electronics industry,declining industrial robot prices, high labor costs, etc. However, the market is not free from challenges that are hindering its growth. Someof the major challenges faced by the market are large upfront investment and safety issues.
Executive Summary
Industrial Robot Market: Global Analysis
Global Industrial Robot Market by Value
The global industrial robot market was valued at US$.... billion in 2018, increased as compared to US$... billion in 2017. The global industrial robot market is anticipated to reach up to US$... billion by 2023 from US$... billion in 2019 at a CAGR of …% during the period 2019-2023.
CAGRs
2019-2023 xx%
2017 2018
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Industrial Robot Market: Global Analysis
Global Industrial Robot Market by Volume
The global industrial robot market volume was .... thousand units in 2018, increased as compared to … thousand units in 2017. The global industrial robot market volume is anticipated to grow to ... thousand units in 2023 from ... thousand units in 2019 at a CAGR of …% during the period 2019-2023.
CAGRs
2015-2018 xx%
2019-2023 xx%
2015 2016 2017 2018
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Industrial Robot Market: Global Analysis
Asia-Pacific, xx%
Europe, xx%
Americas, xx%
ROW, xx%
Global Industrial Robot Market Value by Region; 2018
Industrial Robot Market: Global Analysis
Asia-Pacific, xx%
Europe, xx%
Americas, xx%
Global Industrial Robot Market Volume by Region; 2018
Industrial Robot Market: Global Analysis
Segments Share
Traditional Industrial Robot xx%
Collaborative Industrial Robot xx%
Global Industrial Robot Market Volume by Segments; 2018
Global Industrial Robot Market Volume by Application; 2018
Applications Share
Electrical/ Electronics xx%
Automotive xx%
Metal and Machinery xx%
Plastic and Chemical Products xx%
Food xx%
Other Applications xx%
Industrial Robot Market: Segment Analysis
Global Traditional Industrial Robot Market by Volume Global Collaborative Industrial Robot Market by Volume
Segments CAGR
2015-2018 2019-2023
Traditional Industrial Robot
xx% xx%
Collaborative Industrial Robot
xx% xx%
2019 2020 2021 2022 2023
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Industrial Robot Market: Application Analysis
Global Electrical/ Electronics Industrial Robot Market by Volume
Global Automotive Industrial Robot Market by Volume
Applications CAGR
2015-2018 2019-2023
Electrical/ Electronics xx% xx%
Automotive xx% xx%
Metal and Machinery xx% xx%
Plastic and Chemical Products xx% xx%
Food xx% xx%
Other Applications xx% xx%
2019 2020 2021 2022 2023
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Industrial Robot Market: Regional Analysis
Asia-Pacific Industrial Robot Market by Value Europe Industrial Robot Market by Value
Americas Industrial Robot Market by ValueRegion CAGR
2019-2023
Asia-Pacific xx%
Europe xx%
Americas xx%
ROW xx%
2019 2020 2021 2022 2023
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2019 2020 2021 2022 2023
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Industrial Robot Market: Regional Analysis
Asia-Pacific Industrial Robot Market by Volume Europe Industrial Robot Market by Volume
Americas Industrial Robot Market by VolumeRegion CAGR
2015-2018 2019-2023
Asia-Pacific xx% xx%
Europe xx% xx%
Americas xx% xx%
2019 2020 2021 2022 2023
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2019 2020 2021 2022 2023
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Asia-Pacific Industrial Robot Market: An Analysis
China, xx%
Asia-Pacific (Excluding China), xx%
Asia-Pacific Industrial Robot Market Value by Region; 2018
Asia-Pacific Industrial Robot Market Volume by Region; 2018
China, xx%
Republic of Korea, xx%
Japan, xx%
Asia-Pacific (Excluding China, Japan and Republic of Korea), xx%
Europe Industrial Robot Market: An Analysis
Italy, xx%
Europe (Excluding Italy), xx%
Europe Industrial Robot Market Value by Region; 2018
Europe Industrial Robot Market Volume by Region; 2018
Germany, xx%
Europe (Excluding Germany), xx%
Americas Industrial Robot Market: An Analysis
North America, xx%
South America, xx%
Americas Industrial Robot Market Volume by Region; 2018
Industrial Robot Market: Dynamics
Growth Driver
•Declining Industrial Robot Prices
•Rising Trend of Automation
Challenges
•Large Upfront Investment
•Safety Issues
Market Trends
•Use of Microelectromechanical Systems (MEMS)
•Cloud Robotics
Industrial Robot Market: Competitive Landscape
• Fanuc Corporation
• ABB Group
• KUKA Group
• Yaskawa Electric Corporation
Players Profiled
Note: The graphs on this slide are only for sample representation.