The industrial robotics market has fully recovered from recession with phenomenal growth in recent times. The market is expected to grow at a relatively slower pace in the next five years; driven by factors like growing non-automotive applications of industrial robotics, increasing use of industrial robots in emerging countries, and benefits like increased productivity and reduction in manufacturing costs, cherished from the use of industrial robots. The industrial robotics market segmentation revolves around the four major market parameters; namely products, applications, functions, and geography. The product market segments the industrial robotics market according to the various robots such as articulated, cartesian or gantry, SCARA, cylindrical, and the other robots; whereas application market has been segmented by industries such as automobile, automotive, electrical & electronics, chemical, rubber & plastics, heavy machinery, metals, food & beverage, precision & optics, and the others. The report analyzes the industrial robotics application market, both qualitatively and quantitatively, giving in-depth insights about each application with respect to functions as well.
The industrial robotics market research report aims to capture the market roadmap with market sizes, revenue forecasts, value chain, competitive landscape, leading players and their key developments, strategies, and profiles. The market is split into five regions; namely Americas, Europe, Japan, APAC, and ROW for the geographic analysis of the market.
George Devol applied for the first robotics patents in 1954 (granted in 1961). The first company to produce a robot was Unimation, founded by Devol and Joseph F. Engelberger in 1956, and was based on Devol's original patents. Unimation robots were also called programmable transfer machines since their main use at first was to transfer objects from one point to another, less than a dozen feet or so apart. They used hydraulic actuators and were programmed in joint coordinates, i.e. the angles of the various joints were stored during a teaching phase and replayed in operation.
The global industrial robotics market is estimated to be worth $25.71 billion in 2012 and expected to reach $32.8 billion in 2017 at a CAGR of 5% from 2012 to 2017. In terms of unit shipments, it is estimated to ship 176,586 units in 2012 and 234,122 units in 2017, at a compound grow rate of 5.8% from 2012 to 2017. Growing non-automotive applications of industrial robotics, increasing use of industrial robots in emerging countries, and benefits like increased productivity and reduction in manufacturing costs are certain factors driving the industrial robotics market.
Some of the major competing players in this market are ABB ltd (Sweden), Kuka AG (Germany), Fanuc (Japan), Yaskawa (Japan), Kawasaki Robotics (Japan), DENSO Robotics (Japan), Adept Technologies (U.S), Yamaha Robotics (Japan), Toshiba Machine (Japan), EPSON Robots (Japan), Panasonic Welding Solutions Ltd (Japan) and Staubli Robotics (Germany).
This research report categorizes the global industrial robotics market on the basis of them being used in various applications, functions, products, geographical analysis; forecasting revenue, and analyzing trends in the market.
The global industrial robotics market is segmented into:
Global robotics market can be classified into different categories depending on their functions and the market needs they are designed for. There are two major classes of robots: industrial robots and service robots. Service robotics' market is still emerging, while industrial robotics' market has grown over the years and holds potential growth in future as well.
The industrial robotics market report investigates the state-of-the-art of global industrial robotics market and assesses the prospects for this market to capitalize on the market opportunities that are now on the floor. The global industrial robotics market traces its history to early 1960s, when the first large-scale applications of robots were perfected for automation of automotive industry in the U.S. Since then, it had a thriving journey by providing the manufacturing sector with flexible and programmable machines for complex repetitive tasks, usually on high-volume production lines.
However, off late, this market has become saturated and is looking for new opportunities to assure its future. For instance, the focus has now shifted to non-automotive applications, which have unstructured manufacturing environments and are driven by dynamic demand. The lucrative opportunity for future lies with small and medium-sized enterprises (SMEs) (manufacturing units), which are economical in this globalized world. As of 2011, there were around 6 million industrial manufacturing SMEs across the globe; contributing about 20% of world's GDP. Enhancing their productivity could greatly augment the overall global competitiveness, thereby creating new jobs and re-invigorating the industrial sector.
In this report, the industrial robotics market has been segmented according to the product type, applications - both - by industry and functions, and geography. For every segment, various sub-segments have been deduced along with two-level deep quantitative analysis. The global industrial robotics market is estimated to be worth $25.71 billion in 2012 and reach $32.8 billion in 2017 at a CAGR of 5% from 2012 to 2017. In terms of unit shipments, it is estimated to ship 176,586 units in 2012 and ship 234,122 units in 2017, with a compound grow rate of 5.8% from 2012 to 2017. Growing non-automotive applications of industrial robotics, increasing use of industrial robots in emerging countries, and benefits like increased productivity and reduction in manufacturing costs are certain factors driving the industrial robotics market.