Industrial Robots Market Outlook Development Factors, Latest Opportunities and Forecast by 2030

The Industrial Robots Market was valued at USD 44.71 billion in 2022 and is expected to reach USD 94.10 billion by 2030, registering a CAGR of 10.5% during the forecast period of 2023-2030. "Collaborative robots" are dominating the type segment for the global industrial robots market. Collaborative robots have gained significant traction in recent times due to their ability to work alongside humans in a coordinated manner. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

An Industrial robot is a robot system used in assembly line and manufacturing. Industrial robots play a crucial role in industry automation and are programmable and automated. Robots are employed because of their ability to perform repetitive tasks with accuracy and help enhance productivity and decrease operational costs for manufacturers.

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Some of the major players operating in the global industrial robots market are:

ABB (Switzerland)
KUKA AG (Germany)
Mitsubishi Electric Corporation (Japan)
FANUC CORPORATION (Japan)
Kawasaki Heavy Industries Ltd. (Japan)
YASKAWA ELECTRIC CORPORATION (Japan)
Seiko Epson Corporation (Japan)
Stäubli International AG (Switzerland)
NACHI-FUJIKOSHI CORP (Japan)
Recent Development

In May 2023, ABB, a global leader in industrial automation and robotics, announced the launch of its latest collaborative robot, the ABB SafeMove2, designed to improve efficiency and safety in industrial operations. The SafeMove2 is equipped with advanced safety features, including enhanced collision detection and prevention capabilities, making it suitable for close human-robot collaboration
In November 2022, Samsung Electronics introduced Samsung Flip, a digital flip chart display that serves as an interactive industrial solution. Samsung Flip offers a large
touchscreen display with a versatile whiteboard-like interface, allowing users to write, draw, and collaborate in real-time. This development expands Samsung's presence in the kiosk market by providing an innovative and engaging solution for various industries, such as education, corporate, and retail.
Global Industrial Robots Market Scope

The global industrial robots market is segmented on the basis of type, industry, and technology. The growth amongst these segments will help you ze meagre growth segments in the industries and provide the users with a valuable market overview and insights to help them make strategic decisions for identifying core market applications.

Type

Traditional Industrial Robots
Collaborative Robots
Industry

Automotive
Electrical and Electronics
Plastics, Rubber, and Chemicals
Metals and Machinery
Food and Beverages
Precision Engineering and Optics
Pharmaceuticals and Cosmetics
Others
Technology

Motion Control and Drives Systems
Robotics Systems
Integrated Manufacturing Systems
Machine Vision Systems
Manufacturing Execution Systems
Programmable Logic Control System
Others
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Global Industrial Robots Market Regional Analysis/Insights

The global industrial robots market is analyzed and market size insights and trends are provided by country, type, industry, and technology.

As referenced above, the global industrial robots market is analyzed and market size, and volume information is provided by country, processing technique, material, type, and end use industry.

The countries covered in the global industrial robots market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and the Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific is expected to dominate the global industrial robots market due to the demand for automation activities and reduced custom duties in the industry, increased demand for minimizing defect, waste and downtime, high requirement for automation and increase in the labour cost and dearth of skilled human workforce. This region is also expected to witness a high growth rate in the respective market over the forecast period.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

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