Selbyville, Delaware, Sept. 16, 2020 (GLOBE NEWSWIRE) -- According to MarketStudyReport LLC, Global industrial robots market was remunerated at USD 17 billion in the year 2019 and is reckoned to witness proliferating growth during 2020-2025, mainly due to rapid industrialization, cites the report. Paradigm shift towards automation in industries and continuous innovative developments in industrial robots are contributing to the market growth. Government of numerous nations are encouraging industrialists to automate the operations, which is boosting the demand for industrial robots.
Global industrial robots market, as per the report, is studied on the basis of various segmentations, including end-user scope, product terrain, model type, and regional outlook. Further, a thorough assessment of the major contenders who significantly contribute to industry share is entailed in the report, along with the product portfolio of each vendor. Recommendation for new product launches and best ways to enter the market space are also mentioned in the research report for the investors to frame well-informed expansion strategies.
Several advantages such as cost reduction, size minimization, efficient operation, better quality, along with improved manufacturing flexibility are amplifying the popularity of industrial robots. For instance, at automotive OEMs, they are employed for welding and painting cars. In the warehouses, these robots help in managing stock on shelves, moving goods from docks to shipping areas, picking out items for orders, and packaging goods for transport.
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Industrial robots have major applications in automotive industry as they placed in assembly lines to build cars, while in electrical & electronics sector, these robots are deployed to put chips on circuit boards. Being the flagbearers of automation, the automotive as well as electrical & electronics sectors will continue to augment the demand for industrial robots, hence defining the business outlook.
Elaborating market segmentations:
Based on end-user spectrum, global industrial robots industry is segmented into electrical & electronics, automotive, metals & machinery, and others. With regards to product terrain, the market is classified into articulated robots, SCARA robots, cylindrical robots, cartesian robots, and others. While as per model type, the market is categorized into collaborative industrial robots and traditional industrial robots.
Regional overview:
Global industrial robots market, on the basis of geographical landscape, is fragmented into Europe, Americas, and Asia Pacific. As per the report, Asia Pacific dominated the overall market with 66.4% share in 2019 and is estimated to showcase similar trends in the coming years. Rapid industrialization in emerging countries is creating lucrative opportunities for industrial robots market players in the region.
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Global Industrial Robots Market Product Analysis (Revenue, USD Million, 2015-2025)
- Cylindrical Robots
- Cartesian Robots
- Articulated Robots
- SCARA Robots
Global Industrial Robots Market End-Users Analysis (Revenue, USD Million, 2015-2025)
- Automotive
- Metals & Machinery
- Electrical & Electronics
- Others
Global Industrial Robots Market Model Type Analysis (Revenue, USD Million, 2015-2025)
- Collaborative Industrial Robots
- Traditional Industrial Robots
Global Industrial Robots Market Regional Analysis (Revenue, USD Million, 2015-2025)
Americas
- Canada
- U.S.
- Mexico
Europe
- Italy
- France
- Germany
Asia Pacific
- Japan
- South Korea
- China
- India
Global Industrial Robots Market Competitive Landscape Analysis (Revenue, USD Million, 2015-2025)
- ABB Group
- Denso Corporation
- Kawasaki Robotics
- Yaskawa Electric Corporation
- iRobot Corporation
- Mitsubishi Electric Corporation
- FANUC Corporation
- Omron Corporation
- Seiko Epson Corporation
- Midea Group
- Hikvision
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Industrial Robots Market: Product Overview
4. Industrial Robots Market: Merger and Acquisitions
5. Global Industrial Robots Market: Sizing and Forecast
5.1 Market Size, By Value, Year 2015-2019
5.2 Market Size, By Value, Year 2020-2025
5.3 Market Size, By Sales Unit, Year 2015-2025
5.4 Impact of COVID-19 on Global Industrial Robots Market
5.5 Global Economic & Industrial Outlook
6. Global Industrial Robots Market Segmentation, By End Users
6.1 Global Industrial Robots Market: Segment Analysis
6.2 Competitive Scenario of Global Industrial Robots Market: By End Users (2019 & 2025)
6.3 By Automotive? Market Size and Forecast (2015-2025)
6.4 By Electrical & Electronics- Market Size and Forecast (2015-2025)
6.5 By Metals & Machinery Market Size and Forecast (2015-2025)
6.6 By Others? Market Size and Forecast (2015-2025)
7. Global Industrial Robots Market Segmentation, By Product
7.1 Global Industrial Robots Market: Segment Analysis
7.2 Competitive Scenario of Global Industrial Robots Market: By Product (2019 & 2025)
7.3 By Articulated Robots? Market Size and Forecast (2015-2025)
7.4 By Cylindrical Robots? Market Size and Forecast (2015-2025)
7.5 By SCARA Robots? Market Size and Forecast (2015-2025)
7.6 By Cartesian Robots? Market Size and Forecast (2015-2025)
8. Global Industrial Robots Market Segmentation, By Model Type
8.1 Global Industrial Robots Market: Segment Analysis
8.2 Competitive Scenario of Global Industrial Robots Market: By Model Type (2019 & 2025)
8.3 By Traditional Industrial Robots? Market Size and Forecast (2015-2025)
8.4 By Collaborative Industrial Robots? Market Size and Forecast (2015-2025)
9. Global Industrial Robots Market: Regional Analysis
9.1 Competitive Scenario of Global Industrial Robots Market: By Region (2019 & 2025)
10. Americas Industrial Robots Market: An Analysis
10.1 Americas Industrial Robots Market: Size and Forecast (2015-2025)
10.2 Americas Economic and industrial Statistics
10.3 Americas Industrial Robots Market? Prominent Companies
10.4 Market Segmentation By End Users (Automotive, Electrical & Electronics, Metals & Machinery, Others)
10.5 Market Segmentation By Product (Articulated Robots, Cylindrical Robots, SCARA Robots, Cartesian Robots, Others)
11. Europe Industrial Robots Market: An Analysis
11.1 Europe Industrial Robots Market: Size and Forecast (2015-2025)
11.2 Europe Economic and industrial Statistics
11.3 Europe Industrial Robots Market? Prominent Companies
11.4 Market Segmentation By End Users (Automotive, Electrical & Electronics, Metals & Machinery, Others)
11.5 Market Segmentation By Product (Articulated Robots, Cylindrical Robots, SCARA Robots, Cartesian Robots, Others)
12. Asia Pacific Industrial Robots Market: An Analysis
12.1 Asia Pacific Industrial Robots Market: Size and Forecast (2015-2025)
12.2 Asia Pacific Economic and industrial Statistics
12.3 Asia Pacific Industrial Robots Market? Prominent Companies
12.4 Market Segmentation By End Users (Automotive, Electrical & Electronics, Metals & Machinery, Others)
12.5 Market Segmentation By Product (Articulated Robots, Cylindrical Robots, SCARA Robots, Cartesian Robots, Others)
13. Global Industrial Robots Market Dynamics
13.1 Global Industrial Robots Market Drivers
13.2 Global Industrial Robots Market Restraints
13.3 Global Industrial Robots Market Trends
14. Market Attractiveness and Strategic Analysis
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