Market Research Report
Global Industrial Robot Controller Market Size study, by Axis Type, by Robotic Type and Regional Forecasts 2022-2028
|Global Industrial Robot Controller Market Size study, by Axis Type, by Robotic Type and Regional Forecasts 2022-2028|
Published: April 30, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Industrial Robot Controller Market is valued at approximately USD 83.04 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.90 % over the forecast period 2022-2028. Industrial robot controllers are in charge of operating and monitoring industrial robots that are used in automation processes to execute tasks like lifting, welding, and assembling. They control the robotic arm and keep in touch with its surroundings. The controller is a computer that uses a combination of hardware and software to complete its functions. Rising demand for automation in robotics, rising deployment of robots in manufacturing units, and rising investments by manufacturers in advanced robotics technologies has driven the Market growth of Industrial robot controllers. For Instance: In April 2021, BMW i venture started investing in leading provider of vision software for logistics robots to robotize the vehicle supply chain and logistics. Also, rising advancements in robotics research and technologies and rising diversity in the development of robot controllers are most likely to boost the overall growth of the Industrial Robot Controller Market. However, high upfront cost of robot controllers can obstruct the Market's expansion over the projection period of 2022-2028.
The key regions considered for the Global Industrial Robot Controller Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising adoption of robotic technologies by manufacturers is driving the Market growth in North America. Asia Pacific specifically China is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The Market is expected to grow during the projected period, due to rising government initiatives to adopt automated technologies.
Major Market players included in this report are:
Mitsubishi Electric Corporation
Denso Wave Incorporated
Motion Controls Robotics Inc.
Yaskawa Electric Corporation
Toshiba Machine Co. Ltd.
The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
By Axis Type:
By Robotic Type:
Dual Arm Robot
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Industrial Robot Controller Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
10.1 Research Process
10.2 Research Attributes
10.3 Research Assumption
List of figures