Industrial Robot Market

The global Industrial Robot market was valued at 966.6 Million USD in 2021 and will grow with a CAGR of 6.3% from 2021 to 2027, based on Research newly published report.

The prime objective of Industrial Robot Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Industrial Robot Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on two or more axes.Currently, the global industrial robots market is still dominated by several key players from Japan, Germany, Switzerland, Italy, South Korea and United States, like FANUC, Yaskawa (Motoman), Nachi, Kawasaki Robotics, EPSON Robots, DENSO Robotics, OTC Daihen, Panasonic, Shibaura Machine, Mitsubishi Electric, Yamaha, Star Seiki and JEL Corporation from Japan; KUKA from Germany; ABB and Staubli from Switzerland; Hyundai Robotics and Robostar from South Korea; Omron Adept Technologies from United States and Comau from Italy.

The global top four players are FANUC, KUKA, ABB and Yaskawa (Motoman), they hold a share nearly 50% in 2019. In terms of product types, industrial robots can be generally divided into Articulated Robots, Parallel Robots, Scalar Robots, Cylindrical Robots and Cartesian robots. Among them, in 2019, Articulated Robots account for the largest proportion in the Chinese market, accounting for about 57%.

By Market Verdors:

• FANUC
• KUKA
• ABB
• Yaskawa (Motoman)
• Nachi
• Kawasaki Robotics
• Comau
• EPSON Robots
• Staubli
• Omron (Adept)
• DENSO Robotics
• OTC Daihen
• Panasonic
• Shibaura Machine
• Mitsubishi Electric
• Yamaha
• Universal Robots
• Hyundai Robotics
• Robostar
• Star Seiki
• JEL Corporation
• Techman
• Siasun
• EFORT Intelligent Equipment
• Estun Automation
• STEP Electric Corporation
• Guangdong Topstar Technology
• Inovance Group

By Types:

• Articulated Robots
• Parallel Robots
• SCARA Robots
• Cylindrical Robots
• Cartesian Robots

By Applications:

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• Automotive
• Electrical and Electronics
• Chemical, Rubber and Plastic
• Metal and Machinery
• Food, Beverages and Pharmaceuticals

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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