Press release
Industrial Robotics Market to Grow at 14.2% CAGR to Reach US$ 48,166.9 Mn by 2025 Led by Key Players ABB, Kuka AG, Fanuc Corporation, Toshiba Machine, Mitsubishi Electric Corporation, Comau SpA, GE Inspection Robotics, Yaskawa Electric
Industrial Robotics Market to 2025
The research thoroughly establishes critical Industrial Robotics Market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
Industrial Robotics Market operates in a highly-competitive marketplace. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from regional players as well as the leading global companies across the world. Companies such as ABB are aggressively investing in next generation robotic technology, also recently, KUKA AG was acquired by Midea Group Co. of China, one of the leading electrical manufacturer. This trend can be seen across the board with large robotics companies.
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The key companies profiled in this report include ABB Ltd., Kuka AG, Fanuc Corporation, Toshiba Machine Co. Ltd., Mitsubishi Electric Corporation, Comau SpA, GE Inspection Robotics, Yaskawa Electric Corporation, Kawasaki Heavy Industries Ltd., Universal Robots A/S, Nachi-Fujikoshi Corp., Fuji Robotics, Clearpath Robotics Inc., AgEagle Aerial Systems, Airborne Robotics GMBH, Aquabotix Technology Corporation, Bastian Solutions, Inc., Deep Trekker Inc., Denso Wave Incorporated, Fetch Robotics, Inc., General Dynamics Mission Systems, Inc., Honeybee Robotics, Locus Robotics, Inuktun Services Ltd., Kongsberg Maritime, OPENROV CA, Precise Automation, Inc., iFuture Robotics, inVia Robotics, Inc., and GEEK+ INC.
The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors in strategic decision making. Besides, the report highlights the potential opportunities for the market players and future trends of the market by a logical and calculative study of the past and current market scenario.
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• Know possible barriers to entry
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Since last decade, the demand for industrial robots in different end-user industry has accelerated significantly with growing adoption of automation and ground-breaking technology enhancements. In last five years of span, the average robot sales have grown exponentially. Five key countries including China, S. Korea, Japan, US, and Germany captures more than one-third of total market. In last few years, China is emerging as a global super power and is leading robot market as well with continued dynamic growth.
Industrial Robotics Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Industrial Robotics Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.
Key Insights that the report covers:
• Key drivers, restraints, and prevailing trends
• Market size, growth rate, and opportunities
• Market share and position of the top players
• PEST Analysis of the five major regions
• Detailed SWOT analysis of top 10 companies
• Recent developments and new product launches
• Major challenges faced by the market players
Strategic Insights
Market initiative was observed as the most adopted strategy in global industrial robotics market. Few of the recent strategies by some of the players in industrial robotics market landscape are listed below-
2018: Universal Robots and Apex Motion Control to launch zero footprint palletizer.
2018: Comau signs Flex-Line Automation as a new system integrator in the USA.
2017: Surgere partners with Locus Robotics to unveil Cycle-Counting Robot to eliminate inventory tracking failures.
2017: Fetch Robotics Partners with Robotics Integrator ONExia to Bring Logistics Expertise to Mid-Atlantic
Global Industrial robotics- Market Segmentation
By Type
• Articulated Robots
• Cartesian Robots
• SCARA Robots
• Collaborative Robots
• Others
By Function
• Soldering & Welding
• Material Handling
• Assembling & Disassembling
• Painting & Dispensing
• Milling
• Cutting & Processing
• Others
By Industry
• Automotive
• Medical & Pharmaceuticals
• Electrical & Electronics
• Rubber & Plastics
• Metals and Machinery
• Foods & Agriculture
• Others
By Geography
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)
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