Industrial Robotics Market Outlook to 2025 - ABB Ltd., Kawasaki Heavy Industries, Ltd., Yaskawa Electric Corporation, Fanuc Corporation, Kuka AG, Mitsubishi Electric Corporation, Denso Corporation, Comau SpA, Nachi-Fujikoshi Corp. and Universal Robots

Latest market study on "Industrial Robotics Market to 2025 by Component by Types (Articulated, Cartesian, SCARA, and Collaborative); by Function (Soldering & Welding, Material Handling, Assembling & Disassembling, Painting & Dispensing, Milling, and Cutting & Processing) and Industry (Automotive, Medical & Pharmaceuticals, Electrical & Electronics, Rubber & Plastics, Metal & Machinery, and Food & Agriculture) - Global Analysis and Forecast, the Industrial Robotics Market is estimated to reach US$ 48166.9 million by 2025 from US$ 16847.6 million in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Continuous technological advancements is expected to fuel the demand of industrial robotics market in near future.

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According to Robotic Industries Association (RIA), the robot sales increased in the first quarter of 2017 as compared to the first quarter of 2016 by 32%, and is expected to experience continuous growth in the coming years. Also, the robotic technology is advancing with a large number of innovations in the field. For instance, Spider-like Delta robots coming with 2-D and 3-D vision guidance and force sensing that increases the speed and reduces the need for expensive part fixturing. Furthermore, compliant grippers that can grasp irregular and unpredictable shapes such as mixed parts, are enabling the automation of tasks, which were earlier only suitable for human hands.

Major market initiatives were observed in the APAC region particularly, China, South Korea and Taiwan. APAC is leading the global industrial robotics market, followed by Europe. Europe is another region where industrial robotics has flourished to a very high extent. The primary reasons for the development of industrial robotics in APAC and Europe is attributed to the major investments taken in the regions by the government as well as high adoption of automation by several industries in the regions for the increasing their endurance, speed, precision, and compete effectively in the global industrial robotics market.

Only a handful of players dominate the global industrial robotics market owing to high investments, enhanced R&D capabilities, and strong supplier relationships among others. Few of the players that are operating successfully in global industrial robotics market space are Kawasaki Heavy Industries Ltd., Fanuc Corporation, Mitsubishi Electric Corporation, and Yaskawa Electric Corporation.

The report focuses on an in-depth segmentation of this market based by types, function and industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By industry segment, automotive sector accounted for the largest share of the industrial robotics market in 2017; whereas APAC region is expected to grow at the highest CAGR during the forecast period.

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The report segments the global Industrial Robotics market as follows:

Global Industrial Robotics Market- By Types

Articulated Robots
Cartesian Robots
SCARA Robots
Collaborative Robots
Others

Global Industrial Robotics Market- By Function

Soldering & Welding
Material Handling
Assembling & Disassembling
Painting & Dispensing
Milling
Cutting & Processing
Others

Global Industrial Robotics Market- By Industry

Automotive
Medical & Pharmaceuticals
Electrical & Electronics
Rubber & Plastics
Metal & Machinery
Food & Agriculture
Others

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