Industrial Robotics Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for industrial robotics. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global industrial robotics market from 2023 to 2030.

The industrial robotics market is projected to grow at a compound annual growth rate (CAGR) of 12.7%, leading to an increase in value from US$36.7 billion in 2023 to US$84.7 billion by the conclusion of 2030.

Key Insights

Industrial robotics Market Size (2023E): US$36.7 billion
Projected Market Value (2030F): US$84.7 billion
Global Market Growth Rate (CAGR 2023 to 2030): 12.7%
Historical Market Growth Rate (CAGR 2018 to 2022): 10.4%

Industrial Robotics Market - Report Scope

The industrial robotics sector offers automated systems tailored for various manufacturing needs, enhancing efficiency and safety, especially in sectors like healthcare and automotive. Modern robots now integrate artificial intelligence, adapting to changing production demands. Key drivers for the sector's growth include the push for automation to boost efficiency and the rise of Industry 4.0 technologies. Additionally, as labor costs rise in many regions, industrial automation becomes more appealing. Advancements in sensors and collaborative robot designs further expand the industry's reach and relevance.

Market Growth Drivers for Industrial Robotics:

The drive for improved operational efficiency is intensifying the demand for automation across sectors like automotive and electronics. Industrial robots offer unparalleled accuracy and speed, enhancing productivity and reducing errors. This automation leads to significant cost savings, vital for maintaining competitiveness in today's markets. As Industry 4.0 principles, emphasizing digital integration like AI, data analytics, and IoT, gain traction, the need for smart, connected robots grows. These advanced robots can adapt to changing demands, offer predictive maintenance, and ensure seamless monitoring, reinforcing operational robustness.

Market Restraints

Industrial robots pose significant financial challenges for companies due to high procurement, installation, and programming costs, which include training and facility modifications. This financial burden can be prohibitive, especially for firms in emerging markets or with budget constraints, limiting their automation potential.

A major hurdle in the industrial robotics market is the complexity of programming robots for varied manufacturing tasks. While robots are valued for precision and efficiency, adapting them to specific manufacturing needs requires intricate programming. This challenge intensifies with the need for customized, application-specific programming. Furthermore, a shortage of skilled personnel in robot programming further complicates integration, leading to delays and increased expenses.

Market Opportunities

The global Industrial Robotics Market benefits significantly from the growing emphasis on human-robot collaboration, fostering enhanced efficiency and adaptability across sectors. This collaboration, leveraging both human and robotic strengths, boosts overall productivity and fosters innovative applications. Collaborative robots, or cobots, designed to work alongside humans, integrate automation seamlessly into existing processes.

By handling repetitive tasks, cobots free human workers to focus on more complex aspects of their jobs, enhancing productivity and safety in sectors like healthcare, manufacturing, and logistics. Their ability to operate safely near humans supports critical interactions, driving market growth. Furthermore, the rise of cobots aligns with broader trends in integrating advanced technologies like machine learning and AI, enhancing robots' adaptability and collaboration capabilities.

Key Questions Answered in Report:

Which region is expected to have a big part of the market in the future?
What are the main reasons that will increase the demand for Industrial robotics in the future?
How will ongoing trends affect the worldwide Industrial robotics Market?
Who are the important companies in the market?
What are the important tactics used by major players to improve their positions in this field?

Competitive Intelligence and Business Strategy:

Leading companies like Fanuc Corporation, ABB Ltd., Yaskawa Electric Corporation, and KUKA AG dominate the industrial robotics market through strategic initiatives and significant R&D investments. They integrate advanced technologies like AI, machine learning, and sensors into their systems, catering to industries seeking automation advancements. These leaders also prioritize collaborations and partnerships, working closely with customers to address specific challenges and co-create solutions. Leveraging their technological expertise, diverse product offerings, and global reach, they consistently influence and lead the industrial robotics landscape.

Key Companies Profiled:

ABB Ltd.
Yaskawa Electric Corporation
Mitsubishi Electric Corporation
Nachi-Fujikoshi Corp.
Comau SpA
KUKA AG
Fanuc Corporation
Denso Corporation
Kawasaki Heavy Industries, Ltd.
Omron Corporation

Industrial robotics Market Research Segmentation:

Articulated robots are set to dominate the industrial robotics market due to their versatility and application across sectors like healthcare, electronics, and automotive. Meanwhile, SCARA robots will see rapid growth, especially in precision tasks such as assembly. The electronics industry will be a major driver for industrial robotics, given its demand for automation and precision.

Logistics and warehousing will experience significant growth, fueled by the rise in e-commerce and the need for efficient material handling, with AGVs and robotic arms playing crucial roles. Material handling and packaging will hold a substantial market share as industrial robots optimize processes and enhance efficiency.

Furthermore, the inspection and testing sector will witness swift expansion, driven by the increasing demand for precise inspection procedures and quality control. Robotics in this domain ensures product quality, minimizes errors, and meets stringent industry standards, making it a vital segment in the evolving industrial robotics landscape.

By Product Type:

Articulated Robots
Cartesian Robots (Gantry Robots)
SCARA Robots
Delta Robots
Misc

By End Use Industry Type:

Automotive
Electronics and Electrical
Food and Beverage
Pharmaceuticals and Chemicals
Aerospace and Defense
Healthcare
Logistics and Warehousing
Metal and Machinery
Misc

By Application:

Welding and Soldering
Material Handling and Packaging
Painting and Coating
Assembly and Disassembly
Inspection and Testing
Cutting, Grinding, and Deburring
Others

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33553

1. Executive Summary

1.1. Global Industrial Robotics Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Type Lifecycle Analysis
2.4. Industrial Robotics Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Industrial Robotics Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Industrial Robotics Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
  - 3.3.3.1. Articulated Robots
  - 3.3.3.2. Cartesian Robots (Gantry Robots)
  - 3.3.3.3. SCARA Robots
  - 3.3.3.4. Delta Robots
  - 3.3.3.5. Misc
3.4. Market Attractiveness Analysis: Product Type
3.5. Global Industrial Robotics Market Outlook: End-use Industry
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End-use Industry, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
  - 3.5.3.1. Automotive
  - 3.5.3.2. Electronics and Electrical
  - 3.5.3.3. Food and Beverage
  - 3.5.3.4. Pharmaceuticals and Chemicals
  - 3.5.3.5. Aerospace and Defense
  - 3.5.3.6. Healthcare
  - 3.5.3.7. Logistics and Warehousing
  - 3.5.3.8. Metal and Machinery
  - 3.5.3.9. Misc
3.6. Market Attractiveness Analysis: End-use Industry
3.7. Global Industrial Robotics Market Outlook: Application
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.7.3.1. Welding and Soldering
  - 3.7.3.2. Material Handling and Packaging
  - 3.7.3.3. Painting and Coating
  - 3.7.3.4. Assembly and Disassembly
  - 3.7.3.5. Inspection and Testing
  - 3.7.3.6. Cutting, Grinding, and Deburring
  - 3.7.3.7. Others
3.8. Market Attractiveness Analysis: Application

4. Global Industrial Robotics Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Industrial Robotics Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By End-use Industry
- 5.3.4. By Application
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 5.5.1. Articulated Robots
- 5.5.2. Cartesian Robots (Gantry Robots)
- 5.5.3. SCARA Robots
- 5.5.4. Delta Robots
- 5.5.5. Misc
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 5.6.1. Automotive
- 5.6.2. Electronics and Electrical
- 5.6.3. Food and Beverage
- 5.6.4. Pharmaceuticals and Chemicals
- 5.6.5. Aerospace and Defense
- 5.6.6. Healthcare
- 5.6.7. Logistics and Warehousing
- 5.6.8. Metal and Machinery
- 5.6.9. Misc
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.7.1. Welding and Soldering
- 5.7.2. Material Handling and Packaging
- 5.7.3. Painting and Coating
- 5.7.4. Assembly and Disassembly
- 5.7.5. Inspection and Testing
- 5.7.6. Cutting, Grinding, and Deburring
- 5.7.7. Others
5.8. Market Attractiveness Analysis

6. Europe Industrial Robotics Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By End-use Industry
- 6.3.4. By Application
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. T rkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 6.5.1. Articulated Robots
- 6.5.2. Cartesian Robots (Gantry Robots)
- 6.5.3. SCARA Robots
- 6.5.4. Delta Robots
- 6.5.5. Misc
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 6.6.1. Automotive
- 6.6.2. Electronics and Electrical
- 6.6.3. Food and Beverage
- 6.6.4. Pharmaceuticals and Chemicals
- 6.6.5. Aerospace and Defense
- 6.6.6. Healthcare
- 6.6.7. Logistics and Warehousing
- 6.6.8. Metal and Machinery
- 6.6.9. Misc
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.7.1. Welding and Soldering
- 6.7.2. Material Handling and Packaging
- 6.7.3. Painting and Coating
- 6.7.4. Assembly and Disassembly
- 6.7.5. Inspection and Testing
- 6.7.6. Cutting, Grinding, and Deburring
- 6.7.7. Others
6.8. Market Attractiveness Analysis

7. East Asia Industrial Robotics Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By End-use Industry
- 7.3.4. By Application
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 7.5.1. Articulated Robots
- 7.5.2. Cartesian Robots (Gantry Robots)
- 7.5.3. SCARA Robots
- 7.5.4. Delta Robots
- 7.5.5. Misc
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 7.6.1. Automotive
- 7.6.2. Electronics and Electrical
- 7.6.3. Food and Beverage
- 7.6.4. Pharmaceuticals and Chemicals
- 7.6.5. Aerospace and Defense
- 7.6.6. Healthcare
- 7.6.7. Logistics and Warehousing
- 7.6.8. Metal and Machinery
- 7.6.9. Misc
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.7.1. Welding and Soldering
- 7.7.2. Material Handling and Packaging
- 7.7.3. Painting and Coating
- 7.7.4. Assembly and Disassembly
- 7.7.5. Inspection and Testing
- 7.7.6. Cutting, Grinding, and Deburring
- 7.7.7. Others
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Industrial Robotics Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By End-use Industry
- 8.3.4. By Application
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 8.5.1. Articulated Robots
- 8.5.2. Cartesian Robots (Gantry Robots)
- 8.5.3. SCARA Robots
- 8.5.4. Delta Robots
- 8.5.5. Misc
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 8.6.1. Automotive
- 8.6.2. Electronics and Electrical
- 8.6.3. Food and Beverage
- 8.6.4. Pharmaceuticals and Chemicals
- 8.6.5. Aerospace and Defense
- 8.6.6. Healthcare
- 8.6.7. Logistics and Warehousing
- 8.6.8. Metal and Machinery
- 8.6.9. Misc
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.7.1. Welding and Soldering
- 8.7.2. Material Handling and Packaging
- 8.7.3. Painting and Coating
- 8.7.4. Assembly and Disassembly
- 8.7.5. Inspection and Testing
- 8.7.6. Cutting, Grinding, and Deburring
- 8.7.7. Others
8.8. Market Attractiveness Analysis

9. Latin America Industrial Robotics Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By End-use Industry
- 9.3.4. By Application
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 9.5.1. Articulated Robots
- 9.5.2. Cartesian Robots (Gantry Robots)
- 9.5.3. SCARA Robots
- 9.5.4. Delta Robots
- 9.5.5. Misc
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 9.6.1. Automotive
- 9.6.2. Electronics and Electrical
- 9.6.3. Food and Beverage
- 9.6.4. Pharmaceuticals and Chemicals
- 9.6.5. Aerospace and Defense
- 9.6.6. Healthcare
- 9.6.7. Logistics and Warehousing
- 9.6.8. Metal and Machinery
- 9.6.9. Misc
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.7.1. Welding and Soldering
- 9.7.2. Material Handling and Packaging
- 9.7.3. Painting and Coating
- 9.7.4. Assembly and Disassembly
- 9.7.5. Inspection and Testing
- 9.7.6. Cutting, Grinding, and Deburring
- 9.7.7. Others
9.8. Market Attractiveness Analysis

10. Middle East & Africa Industrial Robotics Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By End-use Industry
- 10.3.4. By Application
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 10.5.1. Articulated Robots
- 10.5.2. Cartesian Robots (Gantry Robots)
- 10.5.3. SCARA Robots
- 10.5.4. Delta Robots
- 10.5.5. Misc
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 10.6.1. Automotive
- 10.6.2. Electronics and Electrical
- 10.6.3. Food and Beverage
- 10.6.4. Pharmaceuticals and Chemicals
- 10.6.5. Aerospace and Defense
- 10.6.6. Healthcare
- 10.6.7. Logistics and Warehousing
- 10.6.8. Metal and Machinery
- 10.6.9. Misc
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.7.1. Welding and Soldering
- 10.7.2. Material Handling and Packaging
- 10.7.3. Painting and Coating
- 10.7.4. Assembly and Disassembly
- 10.7.5. Inspection and Testing
- 10.7.6. Cutting, Grinding, and Deburring
- 10.7.7. Others
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. ABB Ltd.
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Yaskawa Electric Corporation
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Mitsubishi Electric Corporation
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Nachi-Fujikoshi Corp.
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Comau SpA
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. KUKA AG
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Fanuc Corporation
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Denso Corporation
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Kawasaki Heavy Industries, Ltd.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Omron Corporation
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations