Industrial Robotics Market Estimated to Expand at a Double-Digit CAGR ~17% through 2019 - 2029 - PowerPoint PPT Presentation

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Industrial Robotics Market Estimated to Expand at a Double-Digit CAGR ~17% through 2019 - 2029

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Title: Industrial Robotics Market Estimated to Expand at a Double-Digit CAGR ~17% through 2019 - 2029


1
Industrial Robotics Market
  • August 2019

Report Id REP-GB-285 Published On
Aug-2019 Category Industrial Automation and
Equipment
2
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3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
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  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
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  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Industrial Robotics Market Analysis
  • Industrial Robotics Market is Poised to Exhibit A
    Moderate 17 CAGR through 2019 - 2029
  • VALLEY COTTAGE -- A new market research report by
    Future Market Insights on the industrial robotics
    market includes global industry analysis
    20142018 and opportunity assessment 20192029.
    The report investigates the industrial robotics
    market and provides critical insights for the
    forecast period of 2019-2029.
  • As per the findings of the report, the global
    industrial robotics market is projected to
    indicate substantial growth over the forecast
    period due to multiple driving factors such as
    adoption of Internet of Things (IoT) in
    industries and growing digitalization of
    manufacturing industry across geographies.
  • The global industrial robotics market was valued
    at US 17 Bn in 2018 and is estimated to
    increase at a CAGR of 18 between the forecast
    periods of 2019 and 2029. This growth is driven
    by the increasing applications of industrial
    robotics in the automotive industry,
    electrical/electronics industry, and auxiliary
    industry, among others.

5
Industrial Robotics Market Analysis
  • East Asia is estimated to hold significant market
    share in terms of value in the global industrial
    robotics market. However, the South Asia market
    is projected to project lucrative growth in the
    global industrial robotics market over the
    forecast period of 2019-2029. This growth is
    propelled by the rapid growth in the factory
    automation rate in countries of South Asia and
    East Asia such as China, India, and Vietnam,
    among others. The economic condition of these
    countries have been evolving positively.
  • Furthermore, macroeconomic factors such as
    growing population, rapid industrialization, and
    urbanization, are some of the factors driving the
    growth of the industrial robotics market. The
    automotive industry in East Asia has gained a
    considerably positive momentum over the past
    years, which has increased the adoption SCARA
    robots and articulated robots in the
    manufacturing process and is estimated to
    indicate the rewarding growth of industrial
    robotics market in the East Asia region.
  • Automotive Industry to Remain Key End-use
    Industry of Industrial Robotics
  • The global market of industrial robotics has been
    segmented on the basis of different types of
    industrial robots, their multiple applications,
    end use industries, and regions such as North
    America, South Asia, Europe, East Asia, and the
    Rest of the World.

6
Industrial Robotics Market Analysis
  • By product type, the articulated robots segment
    is estimated to hold a significant share of the
    global industrial robotics market in terms of
    value. This has mainly resulted from the rising
    productivity in manufacturing processes and
    improving quality of products. On the basis of
    end use, the automotive industry is estimated to
    hold substantial market share of the industrial
    robotics market in terms of value. This is driven
    by digitalization of manufacturing processes.
    Moreover, it is expected that the application of
    industrial robotics in the electrical/electronics
    industry will be prominent throughout the
    forecast period.
  • On the basis of application, the handling
    operations segment is projected to consume
    majority share of the global industrial robotics
    market value. Also, the welding segment is
    estimated to project lucrative growth in the
    industrial robotics market over the forecast
    period
  • Industrial Robotics Market Vendor Insights
  • The report indicates some of the prominent market
    players, who are recognized as leaders in the
    global industrial robotics market. These key
    market players in the global industrial robotics
    market are Yaskawa Electric Corporation, FANUC
    Corporation, Kawasaki Heavy Industries Ltd, Kuka
    AG, Mitsubishi Electric, Teradyne Inc. (Universal
    Robots), ABB Ltd., Yamaha Motor Co., Ltd.,
    Hirata, Corporation, and Denso Wave Incorporated,
    among others.

7
Industrial Robotics Market Analysis
  • The global industrial robotics market is
    significantly consolidated with some players
    holding prominent shares of the market.
  • Press-release Source -https//www.globenewswire.co
    m/news-release/2019/09/03/1909907/0/en/Industrial-
    Robotics-Market-is-expected-to-grow-at-a-CAGR-of-1
    7-during-the-forecast-period-of-2019-to-2029-Futur
    e-Market-Insights.html
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8
Industrial Robotics Market Analysis
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    syndicated research reports, custom research
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9
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