The global Industrial Robots Market By 2024 is expected to witness significant growth, with its market size projected to increase from USD 16.78 billion in 2022 to 2030 by USD 41.02 billion. This reflects a compound annual growth rate (CAGR) of 12.3% over the forecast period. This report highlights industry growth trends, key drivers such as cost-effective solutions and sustainable practices, and emerging opportunities across residential, commercial, and industrial sectors.

The Industrial Robots Market comprises key manufacturers such as ABB (Switzerland), YASKAWA ELECTRIC CORPORATION (Japan), Mitsubishi Electric Corporation (Japan), NACHI-FUJIKOSHI CORP. (Japan), Comau SpA (Italy), KUKA AG (Germany), FANUC CORPORATION (Japan), DENSO CORPORATION (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Omron Corporation (Japan) Expansions, collaborations, and deals were some of the major strategies adopted by these key players to enhance their positions in the Industrial Robots Market.

Market Scope:

Featuring in-depth analysis and forward-looking projections, this report is an essential resource for stakeholders aiming to leverage emerging opportunities and address challenges in the Industrial Robots Market. Key recent industry developments include;

  • Compau SpA introduced a new Racer-5 SE industrial robot. It is used in vital industries such as pharmaceutical, health & beauty, food & beverages industry, and electronics sectors. It improves the production capacity, the productivity of operations, and good quality.
  • ABB introduced a new FlexPicker IRB 365 delta robot specifically designed for packing and picking applications with a capacity of 1.5 KG. These type of robots are used in packaging lightweight products such as peppers, candies, small bottles, and chocolates.
  • Mitsubishi Electric Corporation introduced an artificial intelligence (AI)-enabled industrial robots for food processing, and manufacturing sectors. It is used for improving the productivity of manufacturing operations. Additionally, these new systems are largely adopted in manufacturing sectors, and it reduces the timeline by the range of 5 hours to 60 hours.
  • Nachi-Fujikoshi Corp launched a new series of small cooperative robot named as “EZ” small robot. It is specifically designed for industries such as electronic, electrical, automotive, and general industrial machinery. It has features such as smart cable routing, having load capacity of 6 KGs, high speed, long durability, and highly precise operations.
  • FANUC introduced the newest collaborative robot, the CRX 10-iA. The new robot can perform highly functional tasks under a flip motion to perform repetitive tasks.
  • FANUC and BMW AG signed a framework agreement wherein FANUC will supply 3,500 robots for new production lines and plants. These robots will be deployed in developing the existing and future generations of BMW models.

Industrial Robots Market Highlights:

The report provides valuable insights into the Compound Annual Growth Rate (CAGR) of the Industrial Robots Market, projecting its growth from 2022 to 2030. It offers a comprehensive analysis of the key drivers fueling market expansion, highlighting the factors that will propel growth during the forecast period. Additionally, the report delivers precise estimates of the market size and share, helping stakeholders understand the Industrial Robots Market’s position in the broader industry.

Future trends and consumer behavior forecasts are also covered, offering a forward-looking perspective on market shifts. The report includes a regional growth analysis, breaking down the performance of the Industrial Robots Market across;

  • North America (By Robot Type, By Application, By Industry, and By Country)
    • U.S. (By Robot Type)
    • Canada (By Robot Type)
  • Europe (By Robot Type, By Application, By Industry, and By Country)
    • Germany (By Robot Type)
    • U.K. (By Robot Type)
    • France (By Robot Type)
    • Italy (By Robot Type)
    • Rest of Europe
  • Asia Pacific (By Robot Type, By Application, By Industry, and By Country)
    • China (By Robot Type)
    • Japan (By Robot Type)
    • India (By Robot Type)
    • Southeast Asia (By Robot Type)
    • Rest of Asia Pacific
  • Middle East & Africa (By Robot Type, By Application, By Industry, and By Country)
    • GCC (By Robot Type)
    • South Africa (By Robot Type)
    • Rest of the Middle East & Africa
  • Latin America (By Robot Type, By Application, By Industry, and By Country)
    • Brazil (By Robot Type)
    • Mexico (By Robot Type)
    • Rest of Latin America

Segmentation of this market:

Industrial Robots Market Size, Share & Industry Analysis, By Robot Type (Articulated, SCARA, Cylindrical, Cartesian/Linear, Parallel, and Others), By Application (Pick and Place, Welding & Soldering, Material Handling, Assembling, Cutting & Processing, and Others), By Industry (Automotive, Electrical & Electronics, Healthcare & Pharmaceutical, Food & Beverages, Rubber & Plastic, Metals & Machinery, and Others), and Regional Forecast, 2023-2030

Explore a comprehensive Table of Contents, featuring detailed charts, tables, and figures, spread across 120+ pages. This report offers exclusive data, key statistics, industry trends, and insights into the competitive landscape within this niche sector.

Table of Contents:

  • Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
  • Key Insights
  • Industry Developments – Mergers, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Advancements
  • Value Chain Analysis

TOC Continued…!

Drivers & Restrains:

  • Drivers:
    • Increasing demand for automation in manufacturing processes to enhance productivity and reduce operational costs.
    • Technological advancements in robotics, including AI and machine learning, improving the capabilities and versatility of industrial robots.
  • Restraints:
    • High initial investment and integration costs associated with deploying industrial robots in existing operations.
    • Concerns about job displacement and the need for skilled workforce training affecting market adoption.

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