COVID-19 Impact on Industrial Robotics Market 2020-2025: ABB, YASKAWA, FANUC, KUKA, Mitsubishi Electric, Kawasaki Heavy Industries, DENSO, EPSON,, Universal Robots, Omron Adept, Comau and Others.

According to Market Study Report, Industrial Robotics Market provides a comprehensive analysis of the Industrial Robotics Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Industrial Robotics Market. An exclusive data offered in this report is collected by research and industry experts team.

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Post-COVID-19, the global traditional industrial robotics market size (including the prices of peripherals, software and system engineering)is expected to grow from USD 44.6 billion in 2020 and is projected to reach USD 73.0 billion by 2025; it is expected to grow at a CAGR of 10.4% during the forecast period. The projection for 2025 is estimated to be down by ~3% as compared to pre-COVID-19 estimation. This report spread across 111 pages, profiling 12 companies and supported with 16 tables and 38 figures are now available in this research.

Top Companies Profiled in the Industrial Robotics Market:
o ABB (Switzerland)
o YASKAWA (Japan)
o FANUC (Japan)
o KUKA (Germany)
o Mitsubishi Electric (Japan)
o Kawasaki Heavy Industries (Japan)
o DENSO (Japan)
o NACHI-FUJIKOSHI (Japan)
o EPSON (Japan)
o Urr (Germany)
o Universal Robots (Denmark)
o Omron Adept (US)
o b+m Surface Systems (Germany)
o Staubli (Switzerland)
o Comau (Italy)
o Yamaha (Japan)
o FrankaEmika (Germany)
o CMA Robotics (Italy)
o Rethink Robotics (Germany)
o Techman Robots (Taiwan)
o Precise Automation (US)
o Siasun (China)

"SCARA robots market to grow at highest CAGR during the forecast period"
The market for SCARA robots is projected to grow at the highest CAGR during the forecast period.SCARA robots are expected to play a vital role specifically in industries such as food & beverages and electronics & electrical by preventing contamination of food products and preventing damage of delicate semiconductor wafers due to human contact, especially for companies looking to minimize their losses during COVID-19.

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"Market for metals & machinery industry to grow at significant CAGR from 2020 to 2025."
Like other industries, the metals & machinery industry has also been hampered by the COVID-19 pandemic. The lack of demand for metals and machines from the construction, automotive, shipbuilding, and many more industries have severely affected the metals & machinery sector.Additionally, metals and machinery companies are planning to operate by utilizing only 50% of their workforce. However, the metals and machinery industry make up the building blocks for other large industries. Companies in the metals and machinery industry make for a large number of essential suppliers.

"APAC to dominate the global traditional industrial robotics market throughout the forecast period."
2018 saw a decrease in sales of industrial robots due to countries like China seeing a fall in demand in the automotive sector and the adverse effects of the US-China trade war.Subsequently, the COVID-19 pandemic starting in late 2019 and extending till mostlyQ2 or Q3 of 2020 is now adversely affecting the market growth for traditional industrial robots. However, the market in APAC is still expected to grow at the highest CAGR during 2020-2025.

Breakdown of primary participants' profile:
o By Company Type: Tier 1-40%, Tier 2-40%, and Tier 3 -20%
o By Designation: C-level Executives-40%, Directors-30%, and Others -30%
o By Region: North America-40,APAC-30%,Europe-20%,and RoW -10%

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Research Coverage:
This research report categorizes the global industrial robotics market based on type, industry, and geography. The report describes the major drivers, restraints, challenges, and opportunities for the industrial robotics market pertaining to the COVID-19 pandemic. It forecasts the market considering the COVID-19 impact on the industrial robotics ecosystem until 2025. Apart from these, the report also consists of an analysis of all the companies included in the industrial robotics ecosystem.

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This release was published on openPR.