Industrial robots are deployed in several industries including automotive, chemical, electronics, machinery, food & beverages, and others. The rapid growth in industrialization and the increasing need to improve operational efficiency have fostered the adoption of industrial robotics.
Increase in the labor charges globally has prominently driven the industrial robotics market. Further, factors such as growth in the manufacturing sector and the rise in need for automation have supplemented the market growth. However, high cost of the robots is impacting the prominence of industrial robotics to a noticeable extent.
The industrial robotics market is segmented on the basis of type, industry, function, and geography. Articulated, Cartesian, Cylindrical, SCARA, and Others are analyzed in the segmentation by type. The industry segmentation is categorized into automotive, electrical & electronics, machinery, chemicals, food & beverages, and others. Further, on the basis of function, the industrial robotics market is segmented into soldering & welding, material handling, assembling & dissembling, painting & dispensing, cutting & processing, and others. Geographically, the industrial robotics market is sub-divided into North America, Europe, Asia-Pacific, and Rest of the world.
The key market players operating in the industrial robotics market include Daihen Corporation, Denso Corporation, Epson America, Inc., Fanuc Ltd., Kawasaki Heavy Industries Ltd., KUKA Robotics Corporation, Mitsubishi Electric Corporation, Nachi Robotic Systems, Inc., Panasonic Corporation, and Universal Robotics among others.
INDUSTRIAL ROBOTICS MARKET SEGMENTS
Market By Type
• Articulated
• Cartesian
• Cylindrical
• SCARA
• Others
Market By Industry
• Automotive
• Electrical & electronics
• Machinery
• Chemicals
• Food & beverages
• Others
Market By Function
• Soldering & welding
• Material handling
• Assembling & dissembling
• Painting & dispensing
• Cutting & Processing
• Others
Market By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
KEY PLAYERS
• Daihen Corporation
• Denso Corporation
• Epson America, Inc.
• Fanuc Ltd.
• Kawasaki Heavy Industries Ltd.
• KUKA Robotics Corporation
• Mitsubishi Electric Corporation
• Nachi Robotic Systems, Inc.
• Panasonic Corporation
• Universal Robotics
Global Industrial Robotics Market Forecast - Global Industrial Robotics Market Growth, Market Trends and Forecast
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