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Global Industrial Robot Market: Size, Trends & Forecasts (2019-2023) April 2019

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Page 1: Global Industrial Robot Market: Size, Trends & Forecasts ...daedal-research.com/uploads/images/full/62bbca0ca89029c464e94b… · Global Industrial Robot Market by Value The global

Global Industrial Robot Market: Size, Trends & Forecasts

(2019-2023)

April 2019

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Global Industrial Robot Market: Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiling

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Global Industrial Robot Market: Coverage

Attributes Details

Title Global Industrial Robot Market: Size, Trends & Forecasts (2019-2023)

Coverage Global and Regional

Regional Coverage Asia-Pacific, Europe, Americas, ROW

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2019-2023

Competition in the Market Fragmented

Key Players Fanuc Corporation, ABB Group, KUKA Group, Yaskawa Electric Corporation

Scope of the Report

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Global Industrial Robot Market

Industrial robots are mechanical devices which are used in the manufacturing industry for performing complex and dangerous tasks withgreater efficiency as compared to human workers. The robots have the capability of replicating human motions and prove to be veryuseful in carrying out repetitive tasks. Industrial robots can be easily programmed for performing a variety of tasks such as welding,painting, assembling and disassembling and product inspection.

Industrial robots have been segmented on the basis of type, end-user and function. The types of industrial robots include articulated,Cartesian, cylindrical, selective compliant assembly robot arm (SCARA), parallel and others.

On the basis of application, industrial robots have been divided into automotive, electrical/ electronics, metal and machinery, plastic andchemical products, food and others. Various functions performed by industrial robots include soldering and welding, material handling,assembling and disassembling, painting and dispensing, milling, cutting, processing, etc.

The global industrial robot market has witnessed continuous growth in the past few years and is projected to grow even further during theforecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as growing electronics industry,declining industrial robot prices, high labor costs, etc. However, the market is not free from challenges that are hindering its growth. Someof the major challenges faced by the market are large upfront investment and safety issues.

Executive Summary

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Industrial Robot Market: Global Analysis

Global Industrial Robot Market by Value

The global industrial robot market was valued at US$.... billion in 2018, increased as compared to US$... billion in 2017. The global industrial robot market is anticipated to reach up to US$... billion by 2023 from US$... billion in 2019 at a CAGR of …% during the period 2019-2023.

CAGRs

2019-2023 xx%

2017 2018

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

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Industrial Robot Market: Global Analysis

Global Industrial Robot Market by Volume

The global industrial robot market volume was .... thousand units in 2018, increased as compared to … thousand units in 2017. The global industrial robot market volume is anticipated to grow to ... thousand units in 2023 from ... thousand units in 2019 at a CAGR of …% during the period 2019-2023.

CAGRs

2015-2018 xx%

2019-2023 xx%

2015 2016 2017 2018

Th

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2019 2020 2021 2022 2023

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Industrial Robot Market: Global Analysis

Asia-Pacific, xx%

Europe, xx%

Americas, xx%

ROW, xx%

Global Industrial Robot Market Value by Region; 2018

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Industrial Robot Market: Global Analysis

Asia-Pacific, xx%

Europe, xx%

Americas, xx%

Global Industrial Robot Market Volume by Region; 2018

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Industrial Robot Market: Global Analysis

Segments Share

Traditional Industrial Robot xx%

Collaborative Industrial Robot xx%

Global Industrial Robot Market Volume by Segments; 2018

Global Industrial Robot Market Volume by Application; 2018

Applications Share

Electrical/ Electronics xx%

Automotive xx%

Metal and Machinery xx%

Plastic and Chemical Products xx%

Food xx%

Other Applications xx%

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Industrial Robot Market: Segment Analysis

Global Traditional Industrial Robot Market by Volume Global Collaborative Industrial Robot Market by Volume

Segments CAGR

2015-2018 2019-2023

Traditional Industrial Robot

xx% xx%

Collaborative Industrial Robot

xx% xx%

2019 2020 2021 2022 2023

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2019 2020 2021 2022 2023

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Industrial Robot Market: Application Analysis

Global Electrical/ Electronics Industrial Robot Market by Volume

Global Automotive Industrial Robot Market by Volume

Applications CAGR

2015-2018 2019-2023

Electrical/ Electronics xx% xx%

Automotive xx% xx%

Metal and Machinery xx% xx%

Plastic and Chemical Products xx% xx%

Food xx% xx%

Other Applications xx% xx%

2019 2020 2021 2022 2023

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2019 2020 2021 2022 2023

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Industrial Robot Market: Regional Analysis

Asia-Pacific Industrial Robot Market by Value Europe Industrial Robot Market by Value

Americas Industrial Robot Market by ValueRegion CAGR

2019-2023

Asia-Pacific xx%

Europe xx%

Americas xx%

ROW xx%

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

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2019 2020 2021 2022 2023

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$ B

illio

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Industrial Robot Market: Regional Analysis

Asia-Pacific Industrial Robot Market by Volume Europe Industrial Robot Market by Volume

Americas Industrial Robot Market by VolumeRegion CAGR

2015-2018 2019-2023

Asia-Pacific xx% xx%

Europe xx% xx%

Americas xx% xx%

2019 2020 2021 2022 2023

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2019 2020 2021 2022 2023

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Asia-Pacific Industrial Robot Market: An Analysis

China, xx%

Asia-Pacific (Excluding China), xx%

Asia-Pacific Industrial Robot Market Value by Region; 2018

Asia-Pacific Industrial Robot Market Volume by Region; 2018

China, xx%

Republic of Korea, xx%

Japan, xx%

Asia-Pacific (Excluding China, Japan and Republic of Korea), xx%

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Europe Industrial Robot Market: An Analysis

Italy, xx%

Europe (Excluding Italy), xx%

Europe Industrial Robot Market Value by Region; 2018

Europe Industrial Robot Market Volume by Region; 2018

Germany, xx%

Europe (Excluding Germany), xx%

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Americas Industrial Robot Market: An Analysis

North America, xx%

South America, xx%

Americas Industrial Robot Market Volume by Region; 2018

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Industrial Robot Market: Dynamics

Growth Driver

•Declining Industrial Robot Prices

•Rising Trend of Automation

Challenges

•Large Upfront Investment

•Safety Issues

Market Trends

•Use of Microelectromechanical Systems (MEMS)

•Cloud Robotics

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Industrial Robot Market: Competitive Landscape

• Fanuc Corporation

• ABB Group

• KUKA Group

• Yaskawa Electric Corporation

Players Profiled

Note: The graphs on this slide are only for sample representation.