Industrial Robotics Market, Volume, Size, Global Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis
Global Industrial Robotics market is anticipated to attain US$ 44.51 Billion by 2030 from US$ 24.56 Billion in 2022, according to Renub Research. Technology advancements bring about a continuous evolution of the offerings that industrial robots are able to providing. Industrial robots are mechanical tools used in production by businesses. Programs for commercial robots can be modified repeatedly to house converting needs. Sensors, microphones, and cameras are functions that industrial robots should help them live aware about their surroundings. Industrial robots help easy and effective production tactics.
Artificial intelligence and device learning are being used in industrial robots that is wonderful for the economic robotics sector. Furthermore, it is expected that the advent of 5G generation will boost up the adoption of robotics within the production region. The 5G community's low latency makes it possible for structures to communicate instantly with each other for green connectivity and coordination.
Industrial robotics market is projected to grow at a CAGR of 7.72% between 2022 and 2030
The emergences of new technologies like collaborative robots, AI-enabled robots, and many other has been fuelled by way of Industry 4O, the most recent business revolution, and has allowed organizations to apply robots to automate numerous responsibilities, enhance productiveness, and reduce human errors. Businesses are investing in robotic systems because of progressed production performance and place of work protection.
Given the price-gain evaluation of electrical vehicles, the growing fashion among new vehicle owners is still encouraging. Automakers' use of automated robotic structures for the high-extent manufacturing of cars is anticipated to have a giant effect on the industrial robotics market. For example, Tesla Inc. acquired the industrial arm robots from Kuka AG in December 2022, enabling Tesla to start generating its electric vehicles in massive portions. The similar use of computerized robotic answers through other massive automakers is what fuels the demand for business robotics.
Automotive sector is a major driver behind the growth of the global industrial robotics market due to its extensive utilization of industrial robots
Automotive industry, the electric and electronics, the metal and machinery, the plastic and chemical products, the food enterprise, and others make up the six categories within the global industrial robotics market. Robotic assembly, painting, and welding obligations ought to be finished more often due to the complexity of the cars being produced and the demand for more features in the car sector. Robots help with productivity with the aid of finishing tasks quicker and greater accurately than humans, which the enterprise wishes for you to stay competitive.
Furthermore, robots running in risky environments or reducing the chance of human blunders help to fulfill the point of interest on safety improvement in the automobile Industry. It is a key issue of connecting, automating, and enhancing production processes due to the automotive enterprise adopts Industry 4O technology. New robotic technologies like collaborative robots (cobots), which make robots less costly and user-friendly for small and medium-sized agencies, are increasing the marketplace and quantity for commercial robots.
In the upcoming years, the market for industrial robotics is anticipated to remain dominated by the United States
Canada, United States, Mexico, and other American countries are the major players in the worldwide industrial robotics market. Industrial robots are widely used within the thriving American manufacturing industry, which is ruled via industries like car, electronics, and meals and beverage. The state's massive and sophisticated robotics industry is domestic to critical manufacturers like Fanuc, ABB, and KUKA. A supportive regulatory environment for business robots benefits the US because it encourages businesses to adopt and use robotics technology. This is vital due to the USA has a high demand for automation as agencies try to increase output and performance.
A professional staff that may function and preserve industrial robots, tremendous finances for robotics research and development that fosters innovation and widespread robotics research institutions like MIT and Carnegie Mellon University are all contributing to the boom of the economic robotics marketplace inside the United States.
In Europe, Germany leads the industrial robotics market and is projected to expand further in the upcoming years
France, Germany, Italy, Spain, and other European countries are represented on the global industrial robotics market. Germany dominant position in the industrial robotics market is attributed to its robust manufacturing sector, particularly in the automotive, electronics, and food and beverage sectors, which heavily depends on industrial robots for increased efficiency. A favorable regulatory environment that facilitates the adoption and use of industrial robots benefits the country.
The high demand for industrial robots as a crucial component of automated processes is being driven by Germany high demand for automation. The presence of significant robotics manufacturers like KUKA and TRUMPF, who support industry innovation, strengthens Germany's position. Robots are essential to connecting, automating, and improving manufacturing processes, making the nation a leader in Industry 4.0 and the forefront of manufacturing technological advancements.
France, Germany, Italy, Spain, and different European nations are represented in the global industrial robotics market. Germany dominant position in the industrial robotics market is attributed to its sturdy production area, especially within the automotive, electronics, and food and beverage sectors, which heavily depend upon industrial robots for expanded efficiency. Favorable regulatory surroundings that facilitates the adoption and use of industrial robots advantages the country.
The high demand for business robots as a vital aspect of automated processes is being pushed by Germany's excessive demand for automation. The presence of sizable robotics producers like KUKA and TRUMPF, who support industry innovation, strengthens Germany position. Robots are critical to connecting, automating, and improving manufacturing processes, making the state a frontrunner in Industry 4.0 and the forefront of producing technological improvements.
Key Players
KUKA, iRobot, Intuitive Surgical, Panasonic, Fanuc, ABB Ltd., and Stryker Corporation are a few of the company operating in the Global Industrial Robotics Market.
February 2022, KUKA Robotics showcased its Hygienic Machine (HM) and Hygienic Oil (HO) robot portfolios on the International Production & Processing Expo in Atlanta, in addition to its absolutely hygienic KR3 Delta made entirely of chrome steel and meals processing versions of its other robotic fashions.
Renub Research latest report “Global Industrial Robotics Market, Segment (Automotive Industry, Electrical & Electronics, Metal & Machinery, Plastic & Chemical Products, Food, and Others), Country (America, Europe, Asia Pacific, Rest of the World), Companies (KUKA, iRobot Corporation, Intuitive Surgical, Inc., Panasonic Corporation, Fanuc, ABB Ltd., and Stryker Corporation)” provides a detailed analysis of Global Industrial Robotics Market.
Segments – Global Industrial Robotics Market has been covered from six viewpoints:
1. Automotive Industry & Forecast
2. Electrical & Electronics Industry & Forecast
3. Metal &Machinery Industry & Forecast
4. Plastic & Chemical Products
5. Food Industry & Forecast
6. Others
Countries – Global Industrial Robotics Market has been covered from 16 viewpoints:
1. America
1.1 United States
1.2 Canada
1.3 Mexico
1.4 Others
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 Others
3. Asia Pacific
3.1 China
3.2 India
3.3 Japan
3.4 Republic of Korea
3.5 Thailand
3.6 Others
4. Rest of the World
Company Insights:
• Overview
• Recent Development
• Sales Analysis
Company Analysis:
1. KUKA
2. iRobot Corporation
3. Intuitive Surgical, Inc.
4. Panasonic Corporation
5. Fanuc
6. ABB Ltd.
7. Stryker Corporation
- 1. Introduction
- 2. Research & Methodology
- 3. Executive Summary
- 4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
- 5. Global Industrial Robotics Market & Volume
- 5.1 Market
- 5.2 Volume
- 6. Share Analysis – Global Industrial Robotics
- 6.1 By Segment Market Share
- 6.2 By Segment Volume Share
- 6.3 By Region Market Share
- 6.3.1 America
- 6.3.2 Europe
- 6.3.3 Asia/Australia
- 7. Segments- Industrial Robotics Market & Volume Analysis
- 7.1 Automotive Industry
- 7.1.1 Market
- 7.1.2 Volume
- 7.2 Electrical & Electronics Industry
- 7.2.1 Market
- 7.2.2 Volume
- 7.3 Metal & Machinery Industry
- 7.3.1 Market
- 7.3.2 Volume
- 7.4 Plastic & Chemical Products
- 7.4.1 Market
- 7.4.2 Volume
- 7.5 Food Industry
- 7.5.1 Market
- 7.5.2 Volume
- 7.6 Others
- 7.6.1 Market
- 7.6.2 Volume
- 8. Region Industrial Robotics Market
- 8.1 Americas
- 8.1.1 United States
- 8.1.2 Canada
- 8.1.3 Mexico
- 8.1.4 Others
- 8.2 Europe
- 8.2.1 France
- 8.2.2 Germany
- 8.2.3 Italy
- 8.2.4 Spain
- 8.2.5 Others
- 8.3 Asia/Australia
- 8.3.1 China
- 8.3.2 India
- 8.3.3 Japan
- 8.3.4 Republic Of Korea
- 8.3.5 Thailand
- 8.3.6 Others
- 8.4 Rest of the World
- 9. Porters Five Forces - Global Industrial Robotics Market
- 9.1 Bargaining Power of Buyers
- 9.2 Bargaining Power of Suppliers
- 9.3 Degree of Rivalry
- 9.4 Threat of New Entrants
- 9.5 Threat of Substitutes
- 10. SWOT Analysis - Global Industrial Robotics Market
- 10.1 Strength
- 10.2 Weakness
- 10.3 Opportunity
- 10.4 Threat
- 11. Company Analysis
- 11.1 KUKA
- 11.1.1 Overview
- 11.1.2 Recent Development
- 11.1.3 Financial Insights
- 11.2 iRobot Corporation
- 11.2.1 Overview
- 11.2.2 Recent Development
- 11.2.3 Financial Insights
- 11.3 Intuitive Surgical, Inc
- 11.3.1 Overview
- 11.3.2 Recent Development
- 11.3.3 Financial Insights
- 11.4 Panasonic Corporation
- 11.4.1 Overview
- 11.4.2 Recent Development
- 11.4.3 Financial Insights
- 11.5 Fanuc
- 11.5.1 Overview
- 11.5.2 Recent Development
- 11.5.3 Financial Insights
- 11.6 ABB Ltd
- 11.6.1 Overview
- 11.6.2 Recent Development
- 11.6.3 Financial Insights
- 11.7 Stryker Corporation
- 11.7.1 Overview
- 11.7.2 Recent Development
- 11.7.3 Financial Insights
- List of Figures:
- Figure-01: Global – Industrial Robotics Market (Billion US$), 2018 – 2022
- Figure-02: Global – Forecast for Industrial Robotics Market (Billion US$), 2023 – 2030
- Figure-03: Global – Industrial Robotics Volume (Number), 2018 – 2022
- Figure-04: Global – Forecast for Industrial Robotics Volume (Number), 2023 – 2030
- Figure-05: Segments – Automotive Industry Market (Million US$), 2018 – 2022
- Figure-06: Segments – Forecast for Automotive Industry Market (Million US$), 2023 – 2030
- Figure-07: Segments – Automotive Industry Volume (Number), 2018 – 2022
- Figure-08: Segments – Forecast for Automotive Industry Volume (Number), 2023 – 2030
- Figure-09: Segments – Electrical & Electronics Industry Market (Million US$), 2018 – 2022
- Figure-10: Segments – Forecast for Electrical & Electronics Industry Market (Million US$), 2023 – 2030
- Figure-11: Segments – Electrical & Electronics Industry Volume (Number), 2018 – 2022
- Figure-12: Segments – Forecast for Electrical & Electronics Industry Volume (Number), 2023 – 2030
- Figure-13: Segments – Metal & Machinery Industry Market (Million US$), 2018 – 2022
- Figure-14: Segments – Forecast for Metal & Machinery Industry Market (Million US$), 2023 – 2030
- Figure-15: Segments – Metal & Machinery Industry Volume (Number), 2018 – 2022
- Figure-16: Segments – Forecast for Metal & Machinery Industry Volume (Number), 2023 – 2030
- Figure-17: Segments – Plastic & Chemical Products Market (Million US$), 2018 – 2022
- Figure-18: Segments – Forecast for Plastic & Chemical Products Market (Million US$), 2023 – 2030
- Figure-19: Segments – Plastic & Chemical Products Volume (Number), 2018 – 2022
- Figure-20: Segments – Forecast for Plastic & Chemical Products Volume (Number), 2023 – 2030
- Figure-21: Segments – Food Industry Market (Million US$), 2018 – 2022
- Figure-22: Segments – Forecast for Food Industry Market (Million US$), 2023 – 2030
- Figure-23: Segments – Food Industry Volume (Number), 2018 – 2022
- Figure-24: Segments – Forecast for Food Industry Volume (Number), 2023 – 2030
- Figure-25: Segments – Others Market (Million US$), 2018 – 2022
- Figure-26: Segments – Forecast for Others Market (Million US$), 2023 – 2030
- Figure-27: Segments – Others Volume (Number), 2018 – 2022
- Figure-28: Segments – Forecast for Others Volume (Number), 2023 – 2030
- Figure-29: America – United States Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-30: America – Forecast for United States Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-31: America – Canada Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-32: America – Forecast for Canada Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-33: America – Mexico Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-34: America – Forecast for Mexico Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-35: America – Others Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-36: America – Forecast for Others Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-37: Europe – France Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-38: Europe – Forecast for France Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-39: Europe – Germany Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-40: Europe – Forecast for Germany Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-41: Europe – Italy Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-42: Europe – Forecast for Italy Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-43: Europe – Spain Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-44: Europe – Forecast for Spain Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-45: Europe – Others Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-46: Europe – Forecast for Others Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-47: Asia/Australia – China Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-48: Asia/Australia – Forecast for China Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-49: Asia/Australia – India Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-50: Asia/Australia – Forecast for India Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-51: Asia/Australia – Japan Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-52: Asia/Australia – Forecast for Japan Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-53: Asia/Australia – Republic Of Korea Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-54: Asia/Australia – Forecast for Republic Of Korea Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-55: Asia/Australia – Thailand Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-56: Asia/Australia – Forecast for Thailand Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-57: Asia/Australia – Others Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-58: Asia/Australia – Forecast for Others Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-59: Rest Of The World – Industrial Robotics Market (Million US$), 2018 – 2022
- Figure-60: Rest Of The World – Forecast for Industrial Robotics Market (Million US$), 2023 – 2030
- Figure-61: KUKA – Global Revenue (Billion US$), 2018 – 2022
- Figure-62: KUKA – Forecast for Global Revenue (Billion US$), 2023 – 2030
- Figure-63: iRobot Corporation – Global Revenue (Million US$), 2018 – 2022
- Figure-64: iRobot Corporation – Forecast for Global Revenue (Million US$), 2023 – 2030
- Figure-65: Intuitive Surgical, Inc – Global Revenue (Billion US$), 2018 – 2022
- Figure-66: Intuitive Surgical, Inc – Forecast for Global Revenue (Billion US$), 2023 – 2030
- Figure-67: Panasonic Corporation – Global Revenue (Billion US$), 2018 – 2022
- Figure-68: Panasonic Corporation – Forecast for Global Revenue (Billion US$), 2023 – 2030
- Figure-69: Fanuc – Global Revenue (Billion US$), 2018 – 2022
- Figure-70: Fanuc – Forecast for Global Revenue (Billion US$), 2023 – 2030
- Figure-71: ABB Ltd – Global Revenue (Billion US$), 2018 – 2022
- Figure-72: ABB Ltd – Forecast for Global Revenue (Billion US$), 2023 – 2030
- Figure-73: Stryker Corporation – Global Revenue (Billion US$), 2018 – 2022
- Figure-74: Stryker Corporation – Forecast for Global Revenue (Billion US$), 2023 – 2030
- List of Tables:
- Table-01: Global – Industrial Robotics Market Share by Segment (Percent), 2018 – 2022
- Table-02: Global – Forecast for Industrial Robotics Market Share by Segment (Percent), 2023 – 2030
- Table-03: Global – Industrial Robotics Volume Share by Segment (Percent), 2018 – 2022
- Table-04: Global – Forecast for Industrial Robotics Volume Share by Segment (Percent), 2023 – 2030
- Table-05: Global – Industrial Robotics Market Share by America (Percent), 2018 – 2022
- Table-06: Global – Forecast for Industrial Robotics Market Share by America (Percent), 2023 – 2030
- Table-07: Global – Industrial Robotics Market Share by Europe (Percent), 2018 – 2022
- Table-08: Global – Forecast for Industrial Robotics Market Share by Europe (Percent), 2023 – 2030
- Table-09: Global – Industrial Robotics Market Share by Asia/Australia (Percent), 2018 – 2022
- Table-10: Global – Forecast for Industrial Robotics Market Share by Asia/Australia (Percent), 2023 – 2030
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