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GLOBAL INDUSTRIAL ROBOTICS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

Global Industrial Robotics Market by Robot Type (Articulated Robots, Cartesian Robots, SCARA Robots, Cylindrical Robots, Other Robot Types) Market by Application (Material Handling, Assembling & Disassembling, Welding & Soldering, Dispensing, Processing, Other Applications) Market by End-user (Automotive, Electronic & Electric, Machinery Products & Metal, (Chemical, Plastics, and Rubber), Food & Beverage, Other End-users) by Geography


MARKET OVERVIEW

The global industrial robotics market was valued at $xx million in 2023 and is expected to reach $39260 million by 2032, growing at a CAGR of 12.4% during the forecast period, 2024-2032. The market study has also analyzed the impact of COVID-19 on the industrial robotics industry qualitatively as well as quantitatively.  

Industrial robotics focuses on the design, development, implementation, and use of robots in industrial settings with the objective of enhancing efficiency, productivity, and precision in manufacturing processes. 

Industrial robots are designed with mechanical arms, sensors, and programming capabilities to carry out specific functions, such as assembly, welding, painting, material handling, and other repetitive or precision tasks. Furthermore, these robots can operate autonomously or be programmed to work alongside human operators collaboratively.

Industrial Robotics Market

Read our latest blog on the Industrial Robotics Market

GROWTH ENABLERS

Key growth enablers of the global industrial robotics market are:

  • Emergence of smart factories
  • Growing adoption of industrial robots in the food & beverage, automotive, electrical, and electronics industries
    • The increasing cost of labor in developed countries is making automation a more attractive option for manufacturers. Industrial robots can help reduce labor costs and improve productivity.
    • Food and beverage companies are implementing automated solutions due to strict hygiene and safety standards and increased labor expenses. In the food and beverage industry, palletizing, packing, and pick-and-place are examples of repetitive jobs that robots excel at, guaranteeing reliability and efficiency.
    • Robots are highly skilled at precisely handling fragile electrical components, which is essential when manufacturing complicated electronic gadgets. Whereas repetitive processes such as soldering and component positioning are prone to error. In this regard, robots reduce human mistakes, facilitating increased yield rates and quality. In addition, automation enables extended periods of time, maximizing output and continuously catering to the rising demand for electronic goods. 
  • Continual R&D and investments in robotics

GROWTH RESTRAINTS

Key restraining factors of the global industrial robotics market are:

  • Cost of initial purchase and maintenance of robotics
    • The installation and integration of industrial robots involve substantial initial expenses, encompassing the robot itself, supplementary devices, software, and infrastructure enhancements. For small and medium-sized enterprises with tight budgets, this might be an obstacle.
    • Due to their complexity, industrial robots need periodic repairs and routine maintenance. These recurring expenses increase the overall cost of owning a robot and will be a substantial economic burden for smaller organizations.
  • Resistance from worker unions
  • Lack of skilled workforce

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KEY MARKET TRENDS

Global Industrial Robotics Market | Top Trends 

  • Industrial robots are becoming increasingly interconnected, exchanging information and collaborating over the cloud. This makes it possible to perform predictive maintenance, real-time robot operation optimization, and remote monitoring.
  • AI is revolutionizing industrial robots by making them more adaptive, collaborative, and capable of learning and decision-making. Robots with AI capabilities can manage complicated jobs, adapt to changes in manufacturing lines, and streamline procedures for improved efficiency.

MARKET SEGMENTATION

Market Segmentation – Robot Type, Application, and End-User –

Market by Robot Type: 

  • Articulated Robots
  • Cartesian Robots
  • SCARA Robots
    • SCARA (Selective Compliance Articulated Robot Arm) is an industrial robot renowned for its speed, precision, and versatility in handling small- to medium-sized objects. They have a simpler design than standard articulated robots, with two arms that rotate on a fixed vertical axis that resembles a human arm.
    • SCARAs are ideal for smaller workplaces and flexible production lines as they occupy less space than standard robots. Their compact construction enables quick movements, which makes them perfect for material handling, assembly, and pick-and-place jobs. This results in higher production efficiency and output.
    • In terms of initial purchase and maintenance costs, SCARAs are less expensive and versatile compared to their more complicated competitors. They are, therefore, appealing to small-scale applications and budget-conscious businesses.
  • Cylindrical Robots
  • Other Robot Types (Delta and Polar Robots)

Market by Application:

  • Material Handling
    • Material handling, which includes the movement, storage, and control of materials within a facility, is commonly done with robots such as articulated robots, mobile robots, and collaborative robots or cobots.
    • Robots can work continuously without breaks or tiredness, significantly improving production and efficiency. Furthermore, robotic movements are precisely designed and regulated, reducing errors and material damage.
  • Assembling & Disassembling
  • Welding & Soldering
  • Dispensing
  • Processing
  • Other Applications

Market by End-User:

  • Automotive
  • Electronic & Electric
  • Machinery Products & Metal
  • Chemical, Plastics, And Rubber
  • Food & Beverage
  • Other End-Users

GEOGRAPHICAL STUDY

Geographical Study based on Four Major Regions: 

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Sweden, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Singapore, Australia & New Zealand, and Rest of Asia-Pacific
    • Owing in large part to a booming industrial sector, the economies of Asia-Pacific are among the fastest-growing in the world. As major players in the automotive, electronics, and textile industries belong to China, India, and Japan, these sectors significantly benefit from automation.
    • According to the International Federation of Robotics (IFR), in 2022, Mainland China, Hong Kong, Chinese Taipei, Singapore, Japan, Korea, and Hong Kong were among the top ten most automated economies in the world. The Republic of Korea was the most automated country in terms of robot density, with 1,012 robots per 10,000 employees, followed by Singapore with 730 robots per 10,000 employees and Japan with 397 robots per 10,000 employees.
    • Also, Asia-Pacific is at the forefront of robotics advancements. Innovative products from companies like Omron Adept, Kawasaki Heavy Industries Ltd, Fanuc Corporation, Mitsubishi Electric Corporation, Nachi Fujikoshi Corporation, and Kawasaki Heavy Industries Ltd further contribute to the region’s growth prospects. Similarly, countries like China and Japan are investing heavily in developing cutting-edge robotics technologies.
  • Rest of World: Latin America and the Middle East & Africa

MAJOR PLAYERS

The major players in the global industrial robotics market are: 
  • ABB Ltd
  • Fanuc Corporation
  • Kawasaki Heavy Industries Ltd
  • Seiko Epson Corporation
  • Staubli International AG
  • Universal Robots 
  • Rockwell Automation Inc
Key strategies adopted by some of these companies:
  • In January 2024, ABB acquired Sevensense, a Swiss start-up that offers AI-powered 3D vision navigation technology for Autonomous Mobile Robots (AMRs)
  • In October 2023, Epson introduced the GX-B Series, a new class of high-power-density SCARA robots with integrated SafeSenseTM technology powered by the RC700E controller, at The Assembly Show in Rosemont.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments AnalyzedRobot Type, Application, and End-User
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies AnalyzedABB Ltd, Aurotek Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd, KUKA AG, Mitsubishi Electric Corporation, Nachi Fujikoshi Corporation, Omron Adept, Rethink Robotics, Rockwell Automation Inc, SCHUNK GmbH, Seiko Epson Corporation, Stäubli International AG, Universal Robots, Yamaha Robotics

TABLE OF CONTENTS

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
    5. MAJOR MARKET FINDINGS
      1. GROWING UTILIZATION OF ARTIFICIAL INTELLIGENCE TO IMPROVE ROBOTIC APPLICATIONS
      2. SURGING IMPLEMENTATION OF HUMAN-ROBOT INTERACTION (HRI) FOR SMARTER USE
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. EMERGENCE OF SMART FACTORIES
      2. GROWING ADOPTION OF INDUSTRIAL ROBOTS IN FOOD & BEVERAGE, AUTOMOTIVE, ELECTRICAL, AND ELECTRONICS INDUSTRIES
      3. CONTINUAL R&D AND INVESTMENTS IN ROBOTICS 
    2. KEY RESTRAINTS
      1. COST OF INITIAL PURCHASE AND MAINTENANCE OF ROBOTICS
      2. RESISTANCE FROM WORKER UNIONS
      3. LACK OF SKILLED WORKFORCE   
  4. KEY ANALYTICS
    1. KEY TECHNOLOGY TRENDS
      1. INTEGRATION OF IOT AND AI WITH INDUSTRIAL ROBOTS
      2. USE OF AUTONOMOUS MOBILE ROBOTS (AMRs)
      3. SHIFTING FOCUS TOWARD COLLABORATIVE ROBOTS (COBOTS) 
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR NORTH AMERICA 
      2. GROWTH PROSPECT MAPPING FOR EUROPE  
      3. GROWTH PROSPECT MAPPING FOR ASIA-PACIFIC  
      4. GROWTH PROSPECT MAPPING FOR REST OF WORLD
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. KEY BUYING CRITERIA
      1. TASK AND APPLICATION 
      2. EASE OF USE AND PROGRAMMING 
      3. COST AND ROI
  5. MARKET BY ROBOT TYPE
    1. ARTICULATED ROBOTS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. CARTESIAN ROBOTS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. SCARA ROBOTS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. CYLINDRICAL ROBOTS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. OTHER ROBOT TYPES (DELTA AND POLAR ROBOTS)
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY APPLICATION
    1. MATERIAL HANDLING
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. ASSEMBLING & DISASSEMBLING
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. WELDING & SOLDERING
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. DISPENSING
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. PROCESSING
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. OTHER APPLICATIONS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY END-USER
    1. AUTOMOTIVE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. ELECTRONIC & ELECTRIC
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. MACHINERY PRODUCTS & METALS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. CHEMICAL, PLASTICS, AND RUBBERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. FOOD & BEVERAGE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. OTHER END-USERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA INDUSTRIAL ROBOTICS MARKET DRIVERS
      3. NORTH AMERICA INDUSTRIAL ROBOTICS MARKET CHALLENGES
      4. KEY PLAYERS IN NORTH AMERICA INDUSTRIAL ROBOTICS MARKET
      5. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE INDUSTRIAL ROBOTICS MARKET DRIVERS
      3. EUROPE INDUSTRIAL ROBOTICS MARKET CHALLENGES
      4. KEY PLAYERS IN EUROPE INDUSTRIAL ROBOTICS MARKET
      5. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        6. SWEDEN
          1. SWEDEN INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        7. BELGIUM
          1. BELGIUM INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        8. POLAND
          1. POLAND INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        9. REST OF EUROPE
          1. REST OF EUROPE INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET DRIVERS
      3. ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET CHALLENGES
      4. KEY PLAYERS IN ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        5. SINGAPORE
          1. SINGAPORE INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        6. TAIWAN
          1. TAIWAN INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        7. INDONESIA
          1. INDONESIA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        8. THAILAND
          1. THAILAND INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        9. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        10. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES
      2. REST OF WORLD INDUSTRIAL ROBOTICS MARKET DRIVERS
      3. REST OF WORLD INDUSTRIAL ROBOTICS MARKET CHALLENGES
      4. KEY PLAYERS IN REST OF WORLD INDUSTRIAL ROBOTICS MARKET
      5. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. ABB LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      2. AUROTEK CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      3. FANUC CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      4. KAWASAKI HEAVY INDUSTRIES LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      5. KUKA AG
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      6. MITSUBISHI ELECTRIC CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      7. NACHI FUJIKOSHI CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      8. OMRON ADEPT
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      9. RETHINK ROBOTICS
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      10. ROCKWELL AUTOMATION INC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      11. SCHUNK GMBH
        1. COMPANY OVERVIEW
        2. PRODUCTS
      12. SEIKO EPSON CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
      13. STAUBLI INTERNATIONAL AG
        1. COMPANY OVERVIEW
        2. PRODUCTS
      14. UNIVERSAL ROBOTS
        1. COMPANY OVERVIEW
        2. PRODUCTS
      15. YAMAHA ROBOTICS
        1. COMPANY OVERVIEW
        2. PRODUCTS

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – INDUSTRIAL ROBOTICS

TABLE 2: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY ROBOT TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY ROBOT TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: GLOBAL ARTICULATED ROBOTS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GLOBAL ARTICULATED ROBOTS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: GLOBAL CARTESIAN ROBOTS, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GLOBAL CARTESIAN ROBOTS, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: GLOBAL SCARA ROBOTS, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: GLOBAL SCARA ROBOTS, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: GLOBAL CYLINDRICAL ROBOTS, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: GLOBAL CYLINDRICAL ROBOTS, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 12: GLOBAL OTHER ROBOT TYPES, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: GLOBAL OTHER ROBOT TYPES, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 14: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 16: GLOBAL MATERIAL HANDLING MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: GLOBAL MATERIAL HANDLING MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 18: GLOBAL ASSEMBLING & DISASSEMBLING MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 19: GLOBAL ASSEMBLING & DISASSEMBLING MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 20: GLOBAL WELDING & SOLDERING MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 21: GLOBAL WELDING & SOLDERING MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 22: GLOBAL DISPENSING MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 23: GLOBAL DISPENSING MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 24: GLOBAL PROCESSING MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 25: GLOBAL PROCESSING MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 26: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 27: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 28: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 29: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 30: GLOBAL AUTOMOTIVE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 31: GLOBAL AUTOMOTIVE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 32: GLOBAL ELECTRONIC & ELECTRIC MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 33: GLOBAL ELECTRONIC & ELECTRIC MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 34: GLOBAL MACHINERY PRODUCTS & METALS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 35: GLOBAL MACHINERY PRODUCTS & METALS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 36: GLOBAL CHEMICAL, PLASTICS, AND RUBBERS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 37: GLOBAL CHEMICAL, PLASTICS, AND RUBBERS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 38: GLOBAL FOOD & BEVERAGE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 39: GLOBAL FOOD & BEVERAGE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 40: GLOBAL OTHER END-USERS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 41: GLOBAL OTHER END-USERS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 42: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 43: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY GEOGRAPHY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 44: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 45: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 46: KEY PLAYERS OPERATING IN NORTH AMERICA INDUSTRIAL ROBOTICS MARKET

TABLE 47: EUROPE INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 48: EUROPE INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 49: KEY PLAYERS OPERATING IN EUROPE INDUSTRIAL ROBOTICS MARKET

TABLE 50: ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 51: ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 52: KEY PLAYERS OPERATING IN ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET

TABLE 53: REST OF WORLD INDUSTRIAL ROBOTICS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 54: REST OF WORLD INDUSTRIAL ROBOTICS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 55: KEY PLAYERS OPERATING IN REST OF WORLD INDUSTRIAL ROBOTICS MARKET

TABLE 56: LIST OF MERGERS & ACQUISITIONS

TABLE 57: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 58: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES

FIGURE 1: KEY TECHNOLOGY TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET MATURITY ANALYSIS

FIGURE 4: GROWTH PROSPECT MAPPING FOR NORTH AMERICA

FIGURE 5: GROWTH PROSPECT MAPPING FOR EUROPE

FIGURE 6: GROWTH PROSPECT MAPPING FOR ASIA-PACIFIC

FIGURE 7: GROWTH PROSPECT MAPPING FOR REST OF WORLD

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: KEY BUYING CRITERIA

FIGURE 10: GLOBAL INDUSTRIAL ROBOTICS MARKET, GROWTH POTENTIAL, BY ROBOT TYPE, IN 2023

FIGURE 11: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY ARTICULATED ROBOTS, 2024-2032 (IN $ MILLION)

FIGURE 12: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY CARTESIAN ROBOTS, 2024-2032 (IN $ MILLION)

FIGURE 13: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY SCARA ROBOTS, 2024-2032 (IN $ MILLION)

FIGURE 14: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY CYLINDRICAL ROBOTS, 2024-2032 (IN $ MILLION)

FIGURE 15: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY OTHER ROBOT TYPES, 2024-2032 (IN $ MILLION)

FIGURE 16: GLOBAL INDUSTRIAL ROBOTICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023

FIGURE 17: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY MATERIAL HANDLING, 2024-2032 (IN $ MILLION)

FIGURE 18: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY ASSEMBLING & DISASSEMBLING, 2024-2032 (IN $ MILLION)

FIGURE 19: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY WELDING & SOLDERING, 2024-2032 (IN $ MILLION)

FIGURE 20: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY DISPENSING, 2024-2032 (IN $ MILLION)

FIGURE 21: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY PROCESSING, 2024-2032 (IN $ MILLION)

FIGURE 22: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)

FIGURE 23: GLOBAL INDUSTRIAL ROBOTICS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023

FIGURE 24: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY AUTOMOTIVE, 2024-2032 (IN $ MILLION)

FIGURE 25: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY ELECTRONIC & ELECTRIC, 2024-2032 (IN $ MILLION)

FIGURE 26: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY MACHINERY PRODUCTS & METALS, 2024-2032 (IN $ MILLION)

FIGURE 27: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY CHEMICAL, PLASTICS, AND RUBBERS, 2024-2032 (IN $ MILLION)

FIGURE 28: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY FOOD & BEVERAGE, 2024-2032 (IN $ MILLION)

FIGURE 29: GLOBAL INDUSTRIAL ROBOTICS MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)

FIGURE 30: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 31: UNITED STATES INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 32: CANADA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 33: EUROPE INDUSTRIAL ROBOTICS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 34: UNITED KINGDOM INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 35: GERMANY INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 36: FRANCE INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 37: ITALY INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 38: SPAIN INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 39: SWEDEN INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 40: BELGIUM INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 41: POLAND INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 42: REST OF EUROPE INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 43: ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 44: CHINA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 45: JAPAN INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 46: INDIA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 47: SOUTH KOREA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 48: SINGAPORE INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 49: TAIWAN INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 50: INDONESIA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 51: THAILAND INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 52: AUSTRALIA & NEW ZEALAND INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 53: REST OF ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 54: REST OF WORLD INDUSTRIAL ROBOTICS MARKET, REGIONAL OUTLOOK, 2023 & 2032 (IN %)

FIGURE 55: LATIN AMERICA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 56: MIDDLE EAST & AFRICA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)

FAQ’s

FAQs

The industrial robot components market comprises the production and supply of essential elements that constitute the anatomy of industrial robots. This includes actuators, sensors, controllers, end-effectors, and other key components that contribute to the functionality of industrial robotic systems.

An industrial robotic arm is a mechanical manipulator programmed to perform specific tasks within an industrial setting. These arms consist of multiple joints and links, allowing for precise movements and control over tools and objects.