The report will be delivered in 2-3 business days.

Industrial Robots Market Global Report 2020-30: Covid 19 Growth and Change

Starting Price : $ 4000.00 | Pages : 150 | Published : May 2020 | SKU CODE : 7457 | Format :


The industrial robots market consists of sales of robotic products and related services for the performance of a specific task. A robot is a programmable, mechanical device generally used in place of a person to perform dangerous or repetitive tasks with a high degree of accuracy. A robot has its control system and is not controlled by a machine.

The global industrial robots market is expected decline from $49.3 billion in 2019 and to $48.6 billion in 2020 at a compound annual growth rate (CAGR) of -1.39%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $63.9 billion in 2023 at CAGR of 9.5%.

Asia Pacific was the largest region in the industrial robots market in 2019. Europe was the second largest region in the industrial robots market in 2019.

Shortage of skilled workers is contributing to the growth of the industrial robots market. As there is an increase in production requirements and due to high demand manufacturers are not able to fulfil the supply due to a shortage of skilled labour. Shortage of skilled labour exists due to two main reasons, presence of unskilled worker and skilled workers but not available for work. According to the Department of Labor, as of January 2020, the US economy had 7 million job openings, but only 5.6 million people were looking for work. Producers to maintain high supply are thus opting towards the installation of robots. Industrial robots increase the overall productivity, efficiency and effectiveness of the company. Therefore, shortage of labour gives rise to other opportunities for the addition of robots in the workforce.

High purchase and installation cost of industrial robots are expected to limit the growth of industrial robots market. A robot installation is very costly as it is not only for the purchase of the robot but also integration, programming and maintenance. This is a major challenge for Small and Medium-size Enterprise (SME) as they produce in low volumes and returns on investment will be a challenge. Moreover, fast-changing consumer preference will also result in customization of a machine which will be again hard for SME to do so. According to RobotWorx, an industrial robot manufacturer cost of an average of new industrial robot ranges from $50,000 to $80,000 whereas it can go up to $100,000 to $150,000 as application specifics are added. Therefore, high purchase and installation of industrial robots are expected to limit the growth of industrial robots market.

Automated mobile robots (AMR) is one of the recent trends of industrial robots market. AMR is a robot which is designed to move materials across a plant floor or through a warehouse without the aid and direction of a human worker. Floor cleaners, forklifts, pallet movers are examples of types of AMRs. For instance, Fetch Robotics, a California-based firm handles heavy loads in its warehouse by using AMR. Fetch Robotics cloud computing program enables an operator to scale and control all operation with the click of a button. It eliminates employee risk for injury and increases the efficiency of their overall operations.

In June 2018, ABB, headquartered in Zurich, Switzerland, operating mainly in robotics acquired GE Industrial Solutions (GEIS) for a deal amount of $2.6 billion. The deal comprises an integration of GEIS into ABB’s Electrification Products (EP) division to make a new business unit Electrification Products Industrial Solutions (EPIS). The deal will expand ABB’s products to the North America market. GEIS is headquartered in Georgia

The major players in the global industrial robots market are ABB, Yaskawa, Kuka, Fanuc, Mitsusbishi Electric, Kawasaki Heavy Industries,  DENSO, NACHI-FUJIKOSHI , EPSON, Dürr,  Universal Robots , Omron Adept, b+m Surface Systems , Stäubli,  Comau, Franka Emika, Omron Adept, Panasonic Corporation, Toshiba Machine Co., Ltd., Robotiq,  Schunk, PIAB,  OnRobot, Cognex, Energid, Staubli Group,  IGM,  ST Robotics, CMA Robotics, Delta Electronics,  Rethink Robotics

The countries covered in the global industrial robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA

Global industrial robots market is segmented: 1) By Product Type : Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots, Others 2) By End-User Industry: Automative, Electrical And Electronics, Healthcare & Pharmaceuticals, Food & Beverages, Rubber & Plastics, Metals & Machinery, Others 3) By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing, Others

    1. Executive Summary

    2. Industrial Robots Market Characteristics

    3. Industrial Robots Market Size And Growth

    3.1. Global Industrial Robots Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Industrial Robots Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Industrial Robots Market Segmentation

    4.1. Global Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Articulated Robots

    Linear Robots

    Cylindrical Robots

    Parallel Robots

    Scara Robots

    Others

    4.2. Global Industrial Robots Market, Segmentation By End-User Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Automative

    Electrical And Electronics

    Healthcare & Pharmaceuticals

    Food & Beverages

    Rubber & Plastics

    Metals & Machinery

    Others

    4.3. Global Industrial Robots Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Pick And Plane

    Wielding And Soldering

    Material Handling

    Assembling

    Cutting And Processing

    Others

    5. Industrial Robots Market Regional And Country Analysis

    5.1. Global Industrial Robots Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Industrial Robots Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Industrial Robots Market  

    6.1. Asia-Pacific Industrial Robots Market Overview  

    6.2. Asia-Pacific Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Industrial Robots Market  

    7.1. China Industrial Robots Market Overview  

    7.2. China Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Industrial Robots Market  

    8.1. India Industrial Robots Market Overview  

    8.2. India Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Industrial Robots Market  

    9.1. Japan Industrial Robots Market Overview  

    9.2. Japan Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Industrial Robots Market  

    10.1. Australia Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Industrial Robots Market  

    11.1. Indonesia Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Industrial Robots Market  

    12.1. South Korea Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Industrial Robots Market  

    13.1. Western Europe Industrial Robots Market Overview

    13.2. Western Europe Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Industrial Robots Market  

    14.1. UK Industrial Robots Market Overview

    14.2. UK Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Industrial Robots Market  

    15.1. Germany Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Industrial Robots Market  

    16.3. France Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Industrial Robots Market  

    17.1. Eastern Europe Industrial Robots Market Overview

    17.2. Eastern Europe Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Industrial Robots Market  

    18.1. Russia Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Industrial Robots Market  

    19.1. North America Industrial Robots Market Overview

    19.2. North America Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Industrial Robots Market  

    20.1. USA Industrial Robots Market Overview

    20.2. USA Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Industrial Robots Market  

    21.1. South America Industrial Robots Market Overview

    21.2. South America Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Industrial Robots Market  

    22.1. Brazil Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Industrial Robots Market  

    23.1. Middle East Industrial Robots Market Overview

    23.2. Middle East Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Industrial Robots Market  

    24.1. Africa Industrial Robots Market Overview

    24.2. Africa Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Industrial Robots Market Competitive Landscape And Company Profiles

    25.1. Industrial Robots Market Competitive Landscape

    25.2. Industrial Robots Market Company Profiles

    25.2.1. ABB

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Yaskawa

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Kuka

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Fanuc

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Mitsusbishi Electric

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Industrial Robots Market

    27. Industrial Robots Market Trends And Strategies

    28. Industrial Robots Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Industrial Robots Market, Segmentation By End-User Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Industrial Robots Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Industrial Robots Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Global Industrial Robots Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: China, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: India, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Japan, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Australia, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Indonesia, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: South Korea, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Western Europe, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: UK, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Germany, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: France, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: Russia, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: North America, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: USA, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: South America, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Brazil, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Middle East, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Africa, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 27: ABB Financial Performance
  • Table 28: Yaskawa Financial Performance
  • Table 29: Kuka Financial Performance
  • Table 30: Fanuc Financial Performance
  • Table 31: Mitsusbishi Electric Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Industrial Robots Market, Segmentation By End-User Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Industrial Robots Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Industrial Robots Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Global Industrial Robots Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: China, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: India, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Japan, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Australia, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: South Korea, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: UK, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Germany, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: France, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: Russia, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: North America, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: USA, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: South America, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Brazil, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Middle East, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Africa, Industrial Robots Market, Segmentation By Product Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 27: ABB Financial Performance
  • Figure 28: Yaskawa Financial Performance
  • Figure 29: Kuka Financial Performance
  • Figure 30: Fanuc Financial Performance
  • Figure 31: Mitsusbishi Electric Financial Performance
Governments’ “Green” Initiatives Are Driving Demand For Electric Vehicles
Technological Advances Such As Laser Technology And Automation Will Drive The Global Dies, Jigs And Other Tools Market
Blowers And Fans To Be Manufactured Using Automation!
Iot Technology In The Commercial Fan And Air Purification Equipment Manufacturing Market
Minimizing Errors With Computer Numerical Controlled Machining
Mobile Applications For Equipment Maintenance
Fraudulent Activities Monitored By RFID And Cloud
3D Logs For High Grade Lumber
Autonomous Construction Equipment Market Global Report 2020-30: Covid 19 Growth and Change
View Report
3D Printer Manufacturing Market Global Report 2020-30: Covid 19 Growth and Change
View Report
Agriculture, Construction, And Mining Machinery Manufacturing Global Market Report 2020
View Report
Speed Changer, Industrial High-Speed Drive, And Gear Manufacturing Global Market Report 2020
View Report
Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Manufacturing Market Global Briefing 2018
View Report
Dies, Jigs And Other Tools Market - By Segments (Dies, Jigs And Fixtures, And Stamping And Other Tools), By Country, And By Region, Opportunities And Strategies – Global Forecast To 2023
View Report
Other General Purpose Machinery Manufacturing Global Market Report 2018
View Report
Other Industrial Machinery Manufacturing Global Market Report 2018
View Report

Call Us

+1 3156230293

(Americas)

+44 2071930708

(Europe)

+91 8897263534

(Asia & Others)