Global Industrial Robot Market Will Reach 17545 Million USD By the End Of 2022 with A CAGR Of 12.17%

The global Industrial Robot market is valued at 8807 Million USD in 2016 and will reach 17545 Million USD by the end of 2022, growing at a CAGR of 12.17% during 2016-2022.

An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on three or more axis.

Industrial Robot can be divided into five categories: articulated robots, parallel robots, SCARA robots, cylindrical robots and cartesian robots. Articulated robots accounted for the highest proportion in output share, with a figure of 56.19% in 2017, followed by SCARA robots, account for 20.31%.

The consumption market share of global Industrial Robot in automotive, electrical & electronics, chemical & rubber & plastic, metal & machinery, food & beverages & pharmaceuticals and others has been stable year by year, at 40.11%, 22.45%, 6.31%, 12.60%, 5.40% and 13.14% respectively in 2017, and for several consecutive years, the amplitude was within 2 percent. This indicates that the segment of the Industrial Robot in the global market tends to be fixed without great changes. Among them, the Industrial Robot market has the most promising prospects in automotive application.

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China has surpassed Japan as the largest market of industrial robots since 2013, and sold 86,415 units in 2016. Europe is the second market, and sold 56414 units in 2016, while 30457 units sold in United States, 36241 units sold in Japan, 42151 units sold in Korea, 7614 sold in Taiwan and 2445 sold in India in 2016.

FANUC is the largest company in the global Industrial Robot market, accounted for 17.4/% of the revenue market share in 2017, followed by followed by Yaskawa, ABB and KUKA, accounted for 14.8%, 11.5% and 11.1% of the revenue market share in 2017.The top four producers account for more than 50% of revenue.

Geographically, this report split global into several key Regions,
with sales (K Pcs), revenue (M USD), market share and growth rate of Industrial Robot for these regions, from 2014 to 2026 (forecast), covering
• China
• USA
• Europe
• Japan
• Korea
• India
• Southeast Asia
• South America

Global Industrial Robot market competition by top manufacturers/players,
with Industrial Robot sales volume, Price (USD/Pcs), revenue (M USD) and market share for each manufacturer/player; the top players including
• FANUC(Japan)
• KUKA(Germany)
• ABB(Switzerland)
• Yaskawa (Motoman)(Japan)
• Nachi(Japan)
• Kawasaki Robotics(Japan)
• Comau(Italy)
• EPSON Robots(Japan)
• Staubli(Switzerland)
• Omron Adept Technologies(US)
• DENSO Robotics(Japan)
• OTC Daihen(Japan)
• Panasonic(Japan)
• Toshiba(Japan)
• Mitsubishi Electric(Japan)
• Yamaha(Japan)
• Universal Robots(Denmark)
• Hyundai Robotics(Korea)
• Robostar(Korea)
• Star Seiki(Japan)
• CLOOS(Germany)
• IGM(Australia)
• JEL Corporation(Japan)
• Foxconn(Foxbot)(China)
• Siasun(China)
• Anhui EFORT Intelligent Equipment(China)
• Estun Automation(China)
• Others

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Articulated Robots
• Parallel Robots
• SCARA Robots
• Cylindrical Robots
• Cartesian Robots

On the basis on the end users/applications,
this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Industrial Robot for each application, including
• Automotive
• Electrical and Electronics
• Chemical, Rubber and Plastic
• Metal and Machinery
• Food, Beverages and Pharmaceuticals
• Other

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This release was published on openPR.