Press release
Industrial Robotics Market to 2025 - Global Analysis and Forecasts by Types (Articulated, Cartesian, SCARA, and Collaborative)
The industrial robotics market size is projected to reach US$ 48,166.9 million by 2025 from US$ 16,847.6 million in 2017; it is expected to witness healthy market growth of 14.2% CAGR during 2018-2025.
The industrial robotics market operates in a highly competitive marketplace. As leading companies in the industrial robotics market continues to broaden its addressable market by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all prominent players face an increasing level of competition, both from regional players as well as the leading global companies across the world. Companies such as ABB are aggressively investing in next-generation robotic technology; recently, KUKA AG was acquired by Midea Group Co. of China, one of the leading electrical manufacturers. This trend can be seen across a broad range of robotics companies.
In addition, industrial robotics are in high demand in industries such as automotive, pharmaceuticals, consumer electronics, packaging, and machinery. This need, however, is predicated on the type of robot that they need to place across their sites to harness industrial activity and cut costs. Players in the consumer electronics industry, for instance, could install collaborative robots at a faster rate to increase production flexibility. For instance, Nissan Motor Company purchased two lines of UR10 collaborative robot arms from Universal Robots for its Yokohama facility to cut labor costs while maintaining the efficiency of production procedures such as Takt Time. Consumer electronics, pharmaceuticals, and manufacturing companies have a significant investment stake in the industrial robotics market. Therefore, there are heavy investments taking place in the market that are driving the industrial robotics market growth.
Request a sample of this report @ https://www.theinsightpartners.com/sample/TIPTE100000635/?utm_source=OpenPR&utm_medium=10567
The List of Companies - Industrial Robotics Market
1. ABB Ltd.
2. Kuka AG
3. FANUC CORPORATION
4. Toshiba Machine Co. Ltd.
5. Mitsubishi Electric Corporation
6. Comau SpA
7. GE Inspection Robotics
8. Yaskawa Electric Corporation
9. Kawasaki Heavy Industries Ltd.
10. Universal Robots A/S
11. NACHI-FUJIKOSHI CORP.
12. Fuji Robotics
13. Clearpath Robotics Inc.
14. AgEagle Aerial Systems
15. AIRBORNE ROBOTICS GMBH
16. Aquabotix Technology Corporation
17. Bastian Solutions, Inc.
18. DEEP TREKKER INC.
19. DENSO WAVE INCORPORATED
20. Fetch Robotics, Inc.
21. General Dynamics Mission Systems, Inc.
22. Honeybee Robotics
23. Locus Robotics
24. Inuktun Services Ltd.
25. Kongsberg Maritime
26. OPENROV CA
27. Precise Automation, Inc.
28. iFuture Robotics
29. inVia Robotics, Inc.
30. GEEK+ INC.
Furthermore, consumers' increasing preference for online purchasing is helping the e-commerce industry. Distributors, merchants, warehouses, and facility owners are increasingly focusing on integrated automated robotic systems. The goal is to deliver on time, save money on labor, and improve efficiency and production in every step. This is one of the most important considerations for the deployment of industrial robots, which is thereby expanding the market size of the industrial robotics market. For example, every year, labor costs in the UK rise by more than 12%, resulting in a labor shortage. To address these issues, market participants are investing in industrial robotics. For instance, in January 2022, the chancellor of the Exchequer, Rishi Sunak, invested in robotics to help the UK people and economy deal with the inflation crisis brought on by labor shortages. Similarly, many firms are also creating interesting solutions across the whole logistics value chain, such as self-driving trucks, intelligent warehouses, and service robots.
Buy a report @ https://www.theinsightpartners.com/buy/TIPTE100000635/?utm_source=OpenPR&utm_medium=10567
The global industrial robotics market is segmented on the basis of types into articulated robots, Cartesian robots, SCARA robots, collaborative robots, and others. The global industrial robotics market is further segmented by function into soldering & welding, material handling, assembling & disassembling, painting & dispensing, milling, cutting & processing, and others. Similarly, based on industry, the global industrial robotics market is segmented into automotive, medical & pharmaceuticals, electrical & electronics, chemical, rubber & plastics, metals and machinery, and foods & agriculture.
Some of the key players operating in the industrial robotics market are ABB Ltd; Kawasaki Heavy Industries, Ltd.; Yaskawa Electric Corporation; FANUC Corp; KUKA AG; Mitsubishi Electric Corporation; Denso Corp.; Nachi-Fujikoshi Corp.; Comau S.P.A.; and Universal Robots A/S.
Type-Based Industrial Robotics Market Insights
The global industrial robotics market is sub-divided based on types into articulated robots, Cartesian robots, SCARA robots, collaborative robots, and other. The others segment includes robots such as drones, milking robots, maintenance & inspection robots, underwater robots, and automated guided vehicle. Articulated robots rely upon its movement in 4 or 6 axes and may go up to 10 axes, which make them perfect for usage in the automotive industry with greater possibilities. The automotive sector was the largest user of industrial robotics owing to which articulated robots captured a lion's share of 42.3% in 2017.
The players operating in the industrial robotics market are mainly focused on the development of advanced and efficient products. The companies operating in the industrial robotics market are implementing various strategies to match the technological advancements.
In 2021, ABB annouced to add the new GoFa and SWIFT cobot families to its existing cobot range to provide increased payloads and speeds.
In 2021, KUKA AG unveiled the first glimpse at its new operating system, iiQKA.OS, which would make robot use easier. This new operating system serves as the foundation for a whole ecosystem, offering a diverse range of programs, components, apps, hardware, and services.
Contact us:
Contact Person : Sameer Joshi
Phone : +1-646-491-9876
E-mail : sales@theinsightpartners.com
About us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
The industrial robotics market operates in a highly competitive marketplace. As leading companies in the industrial robotics market continues to broaden its addressable market by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all prominent players face an increasing level of competition, both from regional players as well as the leading global companies across the world. Companies such as ABB are aggressively investing in next-generation robotic technology; recently, KUKA AG was acquired by Midea Group Co. of China, one of the leading electrical manufacturers. This trend can be seen across a broad range of robotics companies.
In addition, industrial robotics are in high demand in industries such as automotive, pharmaceuticals, consumer electronics, packaging, and machinery. This need, however, is predicated on the type of robot that they need to place across their sites to harness industrial activity and cut costs. Players in the consumer electronics industry, for instance, could install collaborative robots at a faster rate to increase production flexibility. For instance, Nissan Motor Company purchased two lines of UR10 collaborative robot arms from Universal Robots for its Yokohama facility to cut labor costs while maintaining the efficiency of production procedures such as Takt Time. Consumer electronics, pharmaceuticals, and manufacturing companies have a significant investment stake in the industrial robotics market. Therefore, there are heavy investments taking place in the market that are driving the industrial robotics market growth.
Request a sample of this report @ https://www.theinsightpartners.com/sample/TIPTE100000635/?utm_source=OpenPR&utm_medium=10567
The List of Companies - Industrial Robotics Market
1. ABB Ltd.
2. Kuka AG
3. FANUC CORPORATION
4. Toshiba Machine Co. Ltd.
5. Mitsubishi Electric Corporation
6. Comau SpA
7. GE Inspection Robotics
8. Yaskawa Electric Corporation
9. Kawasaki Heavy Industries Ltd.
10. Universal Robots A/S
11. NACHI-FUJIKOSHI CORP.
12. Fuji Robotics
13. Clearpath Robotics Inc.
14. AgEagle Aerial Systems
15. AIRBORNE ROBOTICS GMBH
16. Aquabotix Technology Corporation
17. Bastian Solutions, Inc.
18. DEEP TREKKER INC.
19. DENSO WAVE INCORPORATED
20. Fetch Robotics, Inc.
21. General Dynamics Mission Systems, Inc.
22. Honeybee Robotics
23. Locus Robotics
24. Inuktun Services Ltd.
25. Kongsberg Maritime
26. OPENROV CA
27. Precise Automation, Inc.
28. iFuture Robotics
29. inVia Robotics, Inc.
30. GEEK+ INC.
Furthermore, consumers' increasing preference for online purchasing is helping the e-commerce industry. Distributors, merchants, warehouses, and facility owners are increasingly focusing on integrated automated robotic systems. The goal is to deliver on time, save money on labor, and improve efficiency and production in every step. This is one of the most important considerations for the deployment of industrial robots, which is thereby expanding the market size of the industrial robotics market. For example, every year, labor costs in the UK rise by more than 12%, resulting in a labor shortage. To address these issues, market participants are investing in industrial robotics. For instance, in January 2022, the chancellor of the Exchequer, Rishi Sunak, invested in robotics to help the UK people and economy deal with the inflation crisis brought on by labor shortages. Similarly, many firms are also creating interesting solutions across the whole logistics value chain, such as self-driving trucks, intelligent warehouses, and service robots.
Buy a report @ https://www.theinsightpartners.com/buy/TIPTE100000635/?utm_source=OpenPR&utm_medium=10567
The global industrial robotics market is segmented on the basis of types into articulated robots, Cartesian robots, SCARA robots, collaborative robots, and others. The global industrial robotics market is further segmented by function into soldering & welding, material handling, assembling & disassembling, painting & dispensing, milling, cutting & processing, and others. Similarly, based on industry, the global industrial robotics market is segmented into automotive, medical & pharmaceuticals, electrical & electronics, chemical, rubber & plastics, metals and machinery, and foods & agriculture.
Some of the key players operating in the industrial robotics market are ABB Ltd; Kawasaki Heavy Industries, Ltd.; Yaskawa Electric Corporation; FANUC Corp; KUKA AG; Mitsubishi Electric Corporation; Denso Corp.; Nachi-Fujikoshi Corp.; Comau S.P.A.; and Universal Robots A/S.
Type-Based Industrial Robotics Market Insights
The global industrial robotics market is sub-divided based on types into articulated robots, Cartesian robots, SCARA robots, collaborative robots, and other. The others segment includes robots such as drones, milking robots, maintenance & inspection robots, underwater robots, and automated guided vehicle. Articulated robots rely upon its movement in 4 or 6 axes and may go up to 10 axes, which make them perfect for usage in the automotive industry with greater possibilities. The automotive sector was the largest user of industrial robotics owing to which articulated robots captured a lion's share of 42.3% in 2017.
The players operating in the industrial robotics market are mainly focused on the development of advanced and efficient products. The companies operating in the industrial robotics market are implementing various strategies to match the technological advancements.
In 2021, ABB annouced to add the new GoFa and SWIFT cobot families to its existing cobot range to provide increased payloads and speeds.
In 2021, KUKA AG unveiled the first glimpse at its new operating system, iiQKA.OS, which would make robot use easier. This new operating system serves as the foundation for a whole ecosystem, offering a diverse range of programs, components, apps, hardware, and services.
Contact us:
Contact Person : Sameer Joshi
Phone : +1-646-491-9876
E-mail : sales@theinsightpartners.com
About us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
