Industrial Robotics Market In APAC 2024-2028
The industrial robotics market in APAC is forecasted to grow by USD 26383.5 mn during 2023-2028, accelerating at a CAGR of 16.83% during the forecast period. The report on the industrial robotics market in APAC provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surge in demand for industrial robot, rising adoption of industry 4.0 industries, and vendor initiatives to improve service delivery.
Technavio's industrial robotics market in APAC is segmented as below:
By Application
- Material handling
- Welding and soldering
- Assembling and disassembling
- Painting and coating
- Others
By End-user
- Automotive
- Electrical and electronics
- Metal and heavy machinery
- Food and beverages
- Others
By Geographical Landscape
This study identifies the integration of IoT with robotics as one of the prime reasons driving the industrial robotics market in APAC growth during the next few years. Also, technical advances in smart robots and improvement in robotic system integration services will lead to sizable demand in the market.
The report on the industrial robotics market in APAC covers the following areas:
- Industrial robotics market in APAC sizing
- Industrial robotics market in APAC forecast
- Industrial robotics market in APAC industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial robotics market in APAC vendors that include ABB Ltd., Aurotek Corp. Inc., Daikin Industries Ltd., DENSO Corp., Durr AG, FANUC Corp., General Electric Co., Hans Laser Technology Industry Group Co. Ltd., Kawasaki Heavy Industries Ltd., KUKA AG, MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., OMRON Corp., Panasonic Holdings Corp., Seiko Epson Corp., Stellantis NV, Universal Robots AS, Yamaha Motor Co. Ltd., and Yaskawa Electric Corp.. Also, the industrial robotics market in APAC analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.