Industrial Robotics Market and Forecast to 2024

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Industrial Robotics Market - Overview
The global industrial robotics market was valued
at just over US 16 Billion in 2017, and is
likely to grow at a double digit CAGR between
2018 and 2024. The demand for industrial robotics
is anticipated to grow exponentially during the
forecasting period driven by advantages such as
cost reduction, improved quality, increased
production, and improved workplace health and
safety.
Global Industrial Robotics Market
(Billion US), 2009 - 2017
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report
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The adoption of automation to ensure quality
production and meet market demand, and the
growing demand from small- and medium-scale
enterprises in developing countries is fueling
the growth of industrial robotics market globally.
Global Forecast for Industrial Robotics
Market (Billion US), 2018 - 2024
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report
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By Segment Industrial Robotics Market and
Forecast
The automotive industry accounted for highest
share of the industrial robotics market in 2017,
followed by electrical and electronics segment.
The market for industrial robotics in the
electrical and electronics industry is expected
to grow at double digit CAGR between 2018 and
2024. The metal industry is the third largest
market for industrial robotics. Chemical,
rubber and plastics industry is the fourth
largest market for industrial robotics market,
while food industry accounted for least share of
the global industrial robotics market.
By Segment Industrial Robotics Market Share
(Percent), 2017
By Segment - Forecast for Industrial Robotics
Market Share (Percent), 2024
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By Region Industrial Robotics Market
Forecast
In terms of region, the five major markets
including China, South Korea, Japan, United
States, and Germany accounts for around 73 of
the total robotics sales volume in 2017.
Asia/Australia is the world's largest market for
industrial robots, driven by growing demand for
industrial robots from small- and medium-scale
enterprises in China, Japan, South Korea, and
India. Europe is the second leading region
for industrial robotics market, followed by the
Americas at the third spot.
By Region Industrial Robotics Volume Share
(Percent), 2017
By Region - Forecast for Industrial
Robotics Market Share (Percent), 2024
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iGATE RESEARCH report titled Industrial Robotics
Market and Volume Analysis by Application
(Automotive Industry, Electrical/Electronics,
Metal, Chemical, Rubber and Plastics, Food,
Others, Unspecified), Geographical Distribution
and Key Players Analysis - Global Forecast to
2024provides a comprehensive analysis of the
Global Industrial Robotics Market.
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This 103 Page report with 43 Figures and 6
Tables has been analyzed from 7 viewpoints
1. Global Industrial Robotics Market and
Forecast (2009 - 2024) 2. Global Industrial
Robotics Volume and Forecast (2009 - 2024) 3.
Global Industrial Robotics Market and Forecast -
By Segment (2009 - 2024) 4. Global Industrial
Robotics Volume and Forecast - By Segment (2009 -
2024) 5. Industrial Robotics Volume and Forecast
- Region and Country Wise Distribution (2010 -
2024) 6. Key Player - Sales and SWOT Analysis
(2010 - 2024) 7. Global Industrial Robotics
Market - Growth Drivers and Challenges
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By Segment Industrial Robotics Market and
Forecast
1. Automotive Industry 2. Electrical/Electronics
Industry 3. Metal Industry 4. Chemical, Rubber
and Plastics Industry 5. Food Industry 6. Others
Industry 7. Unspecified Industry
By Region
Industrial Robotics Market and Forecast
1. Americas United States Canada Brazil
Mexico Rest of South America 2.
Asia/Australia China India Japan
Republic of Korea Taiwan Thailand
Vietnam Other Asia/Australia 3. Europe
Central/Eastern Europe France Germany
Italy Spain
United Kingdom Other Europe 4. Africa 5.
Rest of the World (ROW)
By Key Players Industrial Robotics Market and
Forecast
4. Intuitive Surgical 5. Nachi-Fujikoshi 6.
Yaskawa Electric Corporation
1. KUKA AG 2. Adept Technology (Acquired by
OMRON) 3. iRobot Corporation
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Report Title Industrial Robotics Market and
Volume Analysis by Application (Automotive
Industry, Electrical/Electronics, Metal,
Chemical, Rubber and Plastics, Food, Others,
Unspecified), Geographical Distribution and Key
Players Analysis - Global Forecast to 2024 To
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