According to Future Market Insights (FMI), the Industrial Robot Controller Market is Set to Achieve a Strong CAGR of 8.9% from 2022 to 2029

The global industrial robot controller market is poised to exceed US$ 909.9 Million by the close of 2022. The market is experiencing a surge in growth due to the rising adoption of industrial automation, particularly in industries such as electronics and semiconductors, aimed at boosting productivity and reducing production time.

Future Market Insights offers an insightful comparison and review analysis of the industrial robot controller market dynamics, including recent trends and factors influencing the growth outlook. The market's expansion is primarily driven by the increasing trend of industrial automation, which contributes to enhanced productivity and reduced production durations.

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Industrial Robot Controller Market Poised for Strong Growth Fueled by HMI Adoption and Industry Demand

The global industrial robot controller market is poised for substantial growth during the forecast period, driven by the increasing adoption of Human Machine Interaction (HMI), the integration of data and cloud capabilities enhancing hardware control, and the optimization of industrial robot costs. This growth has been reinforced by significant expansions in the automotive and electronic & semiconductor sectors, both of which are key demand generators in the industrial robotics landscape.

The findings of the report also suggest that the global commercial robot controller market is on track for significant expansion during the forecast period, propelled by the rising adoption of HMI, data and cloud capabilities boosting hardware control, and the drive to optimize industrial robot costs. Once again, the robust growth in the automotive and electronic & semiconductor industries serves as pivotal contributors to the demand within the industrial robotics landscape.

Key Players:

Stäubli International AG
Mitsubishi Electric Corporation
OMRON Corporation
DENSO Wave Incorporated
SEPRO Group
WAGO
Pilz GmbH & Co. KG
Motion Controls Robotics Inc.
NexCOM Inc.
Wynright Corporation
KUKA AG
Yaskawa Electric Corporation,
ABB
YAMAHA Robots
FANUC CORPORATION
Toshiba Machine Co. Ltd.

East Asia's Industrial Robot Controller Market Poised for Substantial Growth

Recent studies indicate that South Korea remains a leading nation in terms of the robot-to-employee ratio, while China is anticipated to experience remarkable growth. India, with its rapidly growing economy, is also expected to contribute significantly to the industrial robot controller market, as the country's industrial ecosystems undergo significant transformations.

Japan holds a significant share in the industrial robot controller market due to its high level of automation adoption. The swift shift towards robotic automation in these countries is creating fresh opportunities for the adoption of robotic controllers, thus establishing East Asia as a highly attractive region for industrial robot controller market participants.

Convergence of Software-Based Technological Advancements and Cost Optimization

Key players within the industrial robot controller market are well-positioned to capitalize on the increasing readiness of industrial ecosystems for the upcoming "fourth industrial revolution" and its consequent impacts. Smart components and software solutions, including sensors and controllers, are anticipated to define the future of automation, with industrial robot controllers serving as a pivotal component for robot manufacturers, as they are essential in governing all electromechanical systems.

In the forthcoming years, a growing trend in human-machine interaction is expected to bring robots and human operators closer together, simultaneously bridging the gap between robots and their control systems.

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Market Segmentation:

By Axis Type:
Single Axis
Four Axis
Six Axis
Other Axis

By Robot Type:
SCARA Robot
Delta Robot
Cartesian/Gantry Robot
Articulated Robot
Collaborative Robot
Dual Arm Robot

By Region:
Americas
EMEA
South Asia & Pacific
East Asia

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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This release was published on openPR.