Industrial Robots Market Insights: Size, Trends, and CAGR of 11.9% from 2024 to 2032

The Global Industrial Robots Market was valued at USD 50.36 Billion in 2024, and is anticipated to reach USD 123.84 Billion by 2032, exhibiting a CAGR of 11.9% during the forecast period 2024 to 2032.

The recently published report on the Global Industrial Robots Market provides a comprehensive analysis in the form of charts, tables, and illustrations. It also shows a set of important parameters such as market size, share, future trends, growth prospects, key segments, consumption rate, and 2032 forecast for the Industrial Robots Industry through qualitative and quantitative evaluation. In addition to this, the global Industrial Robots Market report is designed by experienced and intelligent industry analysts and researchers. The report also shows accurate SWOT analysis, porter's five forces analysis, and various other types of analysis, showing the cost-effectiveness of the Global Industrial Robots Market Report.

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Major Market Players:

• ABB (Switzerland)
• FANUC (Japan)
• YASKAWA(Japan) KUKA (Germany)
• Mitsubishi Electric (Japan) (Japan)
• Kawasaki Heavy Industries (Japan)
• Denso Corporation (Japan)
• NACHI-FUJIKOSHI (Japan)
• Seiko Epson (Japan)
• DÜrr (Germany)
• Universal Robots (Denmark)
• Stäubli (Switzerland)
• Comau (Italy)
• B+M SURFACE SYSTEMS (Germany)
• ICR Services (US)
• IRS Robotics (Netherlands)
• Hyundai Robotics (South Korea)
• Siasun Robotics (China)
• RobotWorx (US)
• Techman Robot (Taiwan)
• Rethink Robotics (Germany)
• FrankaEmika (Germany)
• F&P Robotics (Switzerland)
• Bosch Rexroth (Germany)

Segment Analysis of Global Industrial Robots Market Report:

Research reports on the global Industrial Robots Market 2024-2032 are divided into a number of segments, including product types, applications, key players, and key geographic regions. Each segment is valued based on the market share and potential growth rate of Industrial Robots Market. In addition to this, our researchers have studied key areas that may prove rewarding for players in the Industrial Robots Industry over the next few years. Regional assessments of the global Industrial Robots Market include reliable estimates of value and quantity, ultimately helping industry vendors gain deep insight into the Industrial Robots Market as a whole.

This study is a comprehensive mixture of qualitative and quantitative information, including Industrial Robots Market size, revenue, and volume (if applicable) by key segment. In addition, we will provide presentations of key market players related to the business, such as company profiles and financial audits. The report determines market segmentation based on type, as well as outstanding regions characterized by "North America, Asia Pacific, United Kingdom, Europe, Latin America, Middle East, Africa".

By Type

• Traditional Industrial Robots
• Articulated Robots
• SCARA Robots
• Parallel/Delta Robots
• Cartesian/Linear/Gantry Robots
• Collaborative Robots
• Other Robots (Cylindrical Robots, Spherical Robots, & Swing-Arm Robots)

By Component

• Robotic Arms
• Robot Accessories
• End Effectors
• Controllers
• Drive Units
• Vision Systems
• Sensors
• Power Supply
• Other Components

By Payload

• Up to 16.00 kg
• 16.01-60.00 kg
• 60.01-225.00 kg
• More than 225.00 kg

By Application

• Handling
• Assembling & Disassembling
• Welding & Soldering
• Dispensing
• Processing
• Other Applications

By Industry

• Handling
• Automotive
• Electrical & Electronics
• Metals & Machinery
• Plastics, Rubber, & Chemicals
• Food & Beverages
• Precision Engineering & Optics
• Pharmaceuticals & Cosmetics
• Other Industries

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Highlights of The Industrial Robots Market Report:

● The report provides a detailed analysis of current and future market trends to identify investment opportunity market forecasts up to 2032.

● Key Industrial Robots Market trends across business segments, regions, and countries.

● Key developments and strategies observed in the market.

● Detailed company profile of major players and upcoming prominent players.

● Key market dynamics such as drivers, restraints, opportunities, and other trends.

● The Industrial Robots Market opportunities and recommendations for new investments.

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Regional Outlook

● North America(USA and Canada)

● Europe(UK, Germany, France and the rest of Europe)

● Asia Pacific(China, Japan, India, and the rest of the Asia Pacific region)

● Latin America(Brazil, Mexico, and the rest of Latin America)

● Middle East and Africa(GCC and rest of the Middle East and Africa)

Recent Developments

• In May 2023, FANUC CORPORATION America introduced two new high-payload capacity collaborative robots at Automate 2023. The event showcased the expanded payload capacities of the CRX and CR cobot lines, offering variations capable of handling products from 4 to 50kg. Demonstrations included the CRX-25iA cobot with a 30 kg payload capacity and the CR-35iB cobot with a 50 kg payload capacity, showcasing their capabilities in handling heavy products. FANUC CORPORATION emphasized the reliability, flexibility, and maintenance-free operation of their CRX cobots and the industry-leading strength and small footprint of the CR-35iB cobot.

• In May 2023, Yaskawa Electric Corporation Electric Corporation announced a capital and business alliance with Oishii Farm Corporation, a US-based start-up specializing in strawberry production. The partnership aimed to establish Yaskawa Electric Corporation as a global agricultural and food automation leader by providing Oishii with automation systems based on Yaskawa Electric Corporation's "i³-Mechatronics" solution concept. Together, they aimed to contribute to a sustainable society through a stable food supply and the realization of fully automated strawberry production.

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Some common market drivers include:

● Economic conditions: Changes in the economy, such as interest rates, inflation, and GDP growth, can impact consumer spending and the overall performance of a Industrial Robots market.
● Consumer behavior: Consumer preferences and buying habits play a significant role in Industrial Robots market performance, as they can affect the demand for goods and services.
● Competition: Competition between companies in a Industrial Robots market can drive innovation, lower prices, and increase the quality of products and services.
● Technological advancements: The development of new technologies can create new market opportunities and change the way goods and services are produced and consumed.
● Political and regulatory environment: Government policies and regulations can have a major impact on Industrial Robots market.

The country section of the Industrial Robots Market report also provides individual market influencing factors and changes in domestic regulations in the Industrial Robots Industry impacting the present and future trends of the market. Data points such as new sales, replacement sales, country demographics, and import-export duties are some of the key indicators that are used to forecast the Industrial Robots Market scenario for individual countries. In addition, the challenges they face due to the presence and availability of global brands and large or rare competition from local and domestic brands, and the impact of sales channels are considered when providing forecast analysis of country data.

Some of the key questions answered in this report:

● Which are the five top players of the Industrial Robots Market?

● How will the Industrial Robots Industry change in the upcoming years?

● Which product and application will take a share of the Industrial Robots Market?

● What will be the CAGR and size of the Industrial Robots Industry throughout the forecast period?

● What are the drivers and restraints of the Industrial Robots Market?

● Which regional market will show the highest growth?

● What is the current Industrial Robots Market size, what will the market size be in 2030 and what will the growth rate be?

● Who are the major competitors and what is their strategy?

● What are the challenges to grow in the Industrial Robots Industry?

● What are the market opportunities and challenges faced by the key vendors?

● What are the barriers to entry for new players in the Industrial Robots Market?

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