Global Industrial Robot Market: Size, Trends and Forecast (2019-2023)

Global Industrial Robot Market: Size, Trends and Forecast (2019-2023)

Scope of the Report

The report entitled “Global Industrial Robot Market: Size, Trends and Forecast (2019-2023)” provides an in-depth analysis of the industrial robot market including detailed description of market sizing and growth. The report provides an analysis of the global industrial robot market by value, by volume and includes segment analysis and application analysis as well. The report also includes an in-depth analysis of the industrial robot market for the following regions: Asia-Pacific, Europe, Americas and ROW.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global industrial robot market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the industrial robot market are Fanuc Corporation, ABB Group, KUKA Group and Yaskawa Electric Corporation. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Country Coverage

Asia-Pacific
Europe
Americas
ROW

Company Coverage

Fanuc Corporation
ABB Group
KUKA Group
Yaskawa Electric Corporation

Executive Summary

Industrial robots are mechanical devices which are used in the manufacturing industry for performing complex and dangerous tasks with greater efficiency as compared to human workers. The robots have the capability of replicating human motions and prove to be very useful in carrying out repetitive tasks. Industrial robots can be easily programmed for performing a variety of tasks such as welding, painting, assembling and disassembling and product inspection.

Industrial robots have been segmented on the basis of type, end-user and function. The types of industrial robots include articulated, Cartesian, cylindrical, selective compliant assembly robot arm (SCARA), parallel and others.

On the basis of application, industrial robots have been divided into automotive, electrical/ electronics, metal and machinery, plastic and chemical products, food and others. Various functions performed by industrial robots include soldering and welding, material handling, assembling and disassembling, painting and dispensing, milling, cutting, processing, etc.

The global industrial robot market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as growing electronics industry, declining industrial robot prices, high labor costs, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are large upfront investment and safety issues.


1. Executive Summary
2. Introduction
2.1 Industrial Robots: An Overview
2.1.1 Evolution of Industrial Robots
2.1.2 Types of Industrial Robots
Table 1: Types of Industrial Robots
2.2 Advantages and Disadvantages of Industrial Robots
2.2.1 Advantages of Industrial Robots
Table 2: Advantages of Industrial Robots
2.2.2 Disadvantages of Industrial Robots
Table 3: Disadvantages of Industrial Robots
2.3 Industrial Robots Segmentation: An Overview
2.3.1 Industrial Robots Segmentation by Type
Table 4: Industrial Robots Segmentation by Type
2.3.2 Industrial Robots Segmentation by Application
Table 5: Industrial Robots Segmentation by Application
2.3.3 Industrial Robots Segmentation by Function
Table 6: Industrial Robots Segmentation by Function
3. Global Market Analysis
3.1 Global Industrial Robot Market: An Analysis
3.1.1 Global Industrial Robot Market by Value
Table 7: Global Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 8: Global Industrial Robot Market by Value; 2019-2023 (US$ Billion)
3.1.2 Global Industrial Robot Market Value by Region (Asia-Pacific, Europe, Americas and ROW)
Table 9: Global Industrial Robot Market Value by Region; 2018 (Percentage, %)
3.1.3 Global Industrial Robot Market by Volume
Table 10: Global Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 11: Global Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.1.4 Global Industrial Robot Market Volume by Application (Electrical/ Electronics, Automotive, Metal and Machinery, Plastic and Chemical Products, Food and Other Applications)
Table 12: Global Industrial Robot Market Volume by Application; 2018 (Percentage, %)
3.1.5 Global Industrial Robot Market Volume by Region (Asia-Pacific, Europe and Americas)
Table 13: Global Industrial Robot Market Volume by Region; 2018 (Percentage, %)
3.1.6 Global Industrial Robot Market Volume by Segments (Traditional Industrial Robots and Collaborative Industrial Robots)
Table 14: Global Industrial Robot Market Volume by Segments; 2018 (Percentage, %)
3.2 Global Industrial Robot Market: Segment Analysis
3.2.1 Global Traditional Industrial Robot Market by Volume
Table 15: Global Traditional Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 16: Global Traditional Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.2.2 Global Collaborative Industrial Robot Market by Volume
Table 17: Global Collaborative Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 18: Global Collaborative Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.3 Global Industrial Robot Market: Application Analysis
3.3.1 Global Automotive Industrial Robot Market by Volume
Table 19: Global Automotive Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 20: Global Automotive Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.3.2 Global Electrical/ Electronics Industrial Robot Market by Volume
Table 21: Global Electrical/ Electronics Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 22: Global Electrical/ Electronics Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.3.3 Global Metal and Machinery Industrial Robot Market by Volume
Table 23: Global Metal and Machinery Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 24: Global Metal and Machinery Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.3.4 Global Plastic and Chemical Products Industrial Robot Market by Volume
Table 25: Global Plastic and Chemical Products Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 26: Global Plastic and Chemical Products Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.3.5 Global Food Industrial Robot Market by Volume
Table 27: Global Food Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 28: Global Food Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
3.3.6 Global Other Applications Industrial Robot Market by Volume
Table 29: Global Other Applications Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 30: Global Other Applications Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4. Regional Market Analysis
4.1 Asia-Pacific Industrial Robot Market: An Analysis
4.1.1 Asia-Pacific Industrial Robot Market by Value
Table 31: Asia-Pacific Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 32: Asia-Pacific Industrial Robot Market by Value; 2019-2023 (US$ Billion)
4.1.2 Asia-Pacific Industrial Robot Market Value by Region (China and Asia-Pacific (excluding China))
Table 33: Asia-Pacific Industrial Robot Market Value by Region; 2018 (Percentage; %)
4.1.3 China Industrial Robot Market by Value
Table 34: China Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 35: China Industrial Robot Market by Value; 2019-2023 (US$ Billion)
4.1.4 China Industrial Robot Market Value by Product Type (Articulated, SCARA, Gantry, Cartesian, Collaborative, Parallel and Cylindrical)
Table 36: China Industrial Robot Market Value by Product Type; 2018 (Percentage, %)
4.1.5 China Cylindrical Industrial Robot Market by Value
Table 37: China Cylindrical Industrial Robot Market by Value; 2017-2018 (US$ Million)
Table 38: China Cylindrical Industrial Robot Market by Value; 2019-2023 (US$ Million)
4.1.6 China Parallel Industrial Robot Market by Value
Table 39: China Parallel Industrial Robot Market by Value; 2017-2018 (US$ Million)
Table 40: China Parallel Industrial Robot Market by Value; 2019-2023 (US$ Million)
4.1.7 China Collaborative Industrial Robot Market by Value
Table 41: China Collaborative Industrial Robot Market by Value; 2017-2018 (US$ Million)
Table 42: China Collaborative Industrial Robot Market by Value; 2019-2023 (US$ Million)
4.1.8 China Cartesian Industrial Robot Market by Value
Table 43: China Cartesian Industrial Robot Market by Value; 2017-2018 (US$ Million)
Table 44: China Cartesian Industrial Robot Market by Value; 2019-2023 (US$ Million)
4.1.9 China Gantry Industrial Robot Market by Value
Table 45: China Gantry Industrial Robot Market by Value; 2017-2018 (US$ Million)
Table 46: China Gantry Industrial Robot Market by Value; 2019-2023 (US$ Million)
4.1.10 China SCARA Industrial Robot Market by Value
Table 47: China SCARA Industrial Robot Market by Value; 2017-2018 (US$ Million)
Table 48: China SCARA Industrial Robot Market by Value; 2019-2023 (US$ Million)
4.1.11 China Articulated Industrial Robot Market by Value
Table 49: China Articulated Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 50: China Articulated Industrial Robot Market by Value; 2019-2023 (US$ Billion)
4.1.12 Asia-Pacific (Excluding China) Industrial Robot Market by Value
Table 51: Asia-Pacific (Excluding China) Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 52: Asia-Pacific (Excluding China) Industrial Robot Market by Value; 2019-2023 (US$ Billion)
4.1.13 Asia-Pacific Industrial Robot Market by Volume
Table 53: Asia-Pacific Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 54: Asia-Pacific Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.1.14 Asia-Pacific Industrial Robot Market Volume by Region (China, Republic of Korea, Japan and Asia-Pacific (excluding China, Japan and Republic of Korea))
Table 55: Asia-Pacific Industrial Robot Market Volume by Region; 2018 (Percentage, %)
4.1.15 China Industrial Robot Market by Volume
Table 56: China Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 57: China Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.1.16 Japan Industrial Robot Market by Volume
Table 58: Japan Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 59: Japan Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.1.17 Republic of Korea Industrial Robot Market by Volume
Table 60: Republic of Korea Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 61: Republic of Korea Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.1.18 Asia-Pacific (Excluding China, Japan and Republic of Korea) Industrial Robot Market by Volume
Table 62: Asia-Pacific (Excluding China, Japan and Republic of Korea) Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 63: Asia-Pacific (Excluding China, Japan and Republic of Korea) Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.2 Europe Industrial Robot Market: An Analysis
4.2.1 Europe Industrial Robot Market by Value
Table 64: Europe Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 65: Europe Industrial Robot Market by Value; 2019-2023 (US$ Billion)
4.2.2 Europe Industrial Robot Market Value by Region (Italy and Europe (excluding Italy))
Table 66: Europe Industrial Robot Market Value by Region; 2018 (Percentage, %)
4.2.3 Italy Industrial Robot Market by Value
Table 67: Italy Industrial Robot Market by Value; 2017-2018 (US$ Million)
Table 68: Italy Industrial Robot Market by Value; 2019-2023 (US$ Million)
4.2.4 Italy Industrial Robot Market Value by Application (Automotive, Electrical/ Electronics, Metal/ Heavy machinery, Chemical, Rubber & Plastics, Food and Other Applications)
Table 69: Italy Industrial Robot Market Value by Application; 2018 (Percentage, %)
4.2.5 Italy Industrial Robot Market Application by Value
Table 70: Italy Industrial Robot Market Application by Value; 2017-2023 (US$ Million)
4.2.6 Europe (Excluding Italy) Industrial Robot Market by Value
Table 71: Europe (Excluding Italy) Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 72: Europe (Excluding Italy) Industrial Robot Market by Value; 2019-2023 (US$ Billion)
4.2.7 Europe Industrial Robot Market by Volume
Table 73: Europe Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 74: Europe Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.2.8 Europe Industrial Robot Market Volume by Region (Germany and Europe (excluding Germany))
Table 75: Europe Industrial Robot Market Volume by Region; 2018 (Percentage, %)
4.2.9 Germany Industrial Robot Market by Volume
Table 76: Germany Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 77: Germany Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.2.10 Europe (Excluding Germany) Industrial Robot Market by Volume
Table 78: Europe (Excluding Germany) Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 79: Europe (Excluding Germany) Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.3 Americas Industrial Robot Market: An Analysis
4.3.1 Americas Industrial Robot Market by Value
Table 80: Americas Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 81: Americas Industrial Robot Market by Value; 2019-2023 (US$ Billion)
4.3.2 Americas Industrial Robot Market by Volume
Table 82: Americas Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 83: Americas Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.3.3 Americas Industrial Robot Market Volume by Region (North America and South America)
Table 84: Americas Industrial Robot Market Volume by Region; 2018 (Percentage, %)
4.3.4 North America Industrial Robot Market by Volume
Table 85: North America Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 86: North America Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.3.5 South America Industrial Robot Market by Volume
Table 87: South America Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Table 88: South America Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
4.4 ROW Industrial Robot Market: An Analysis
4.4.1 ROW Industrial Robot Market by Value
Table 89: ROW Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Table 90: ROW Industrial Robot Market by Value; 2019-2023 (US$ Billion)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Electronics Industry
Table 91: Global Electronics Industry Growth Rate; 2016-2018 (Percentage, %)
5.1.2 Declining Industrial Robot Prices
Table 92: Industrial Robots Average Selling Price; 2012-2018 (US$ Thousand)
5.1.3 Growth of Automotive Industry
Table 93: Global Automotive Production; 2013-2017 (Million Units)
5.1.4 High Labor Costs
Table 94: Global Manufacturing Labor Costs by Region; 2015 & 2019 (US$ Per Hour)
5.1.5 Rising Trend of Automation
Table 95: Global Automation Market by Value; 2016-2020 (US$ Billion)
5.1.6 Growing Role of Artificial Intelligence Technology
Table 96: Global Artificial Intelligence Market Revenue; 2016-2025 (US$ Billion)
5.2 Challenges
5.2.1 Large Upfront Investment
5.2.2 Safety Issues
5.3 Market Trends
5.3.1 Use of Microelectromechanical Systems (MEMS)
Table 97: Global Microelectromechanical Systems (MEMS) Market by Value; 2016-2024 (US$ Billion)
5.3.2 Cloud Robotics
Table 98: Global Cloud Robotics Market by Value; 2016-2023 (US$ Billion)
5.3.3 Rising Use of Collaborative Robots (Cobot) in Industries
Table 99: Global Collaborative Robots Market by Value; 2018-2023 (US$ Billion)
6. Competitive Landscape
6.1 Global Industrial Robot Market Players: Financial Comparison
Table 100: Global Industrial Robot Market Players Financial Comparison; 2017/ 2018
6.2 Global Industrial Robot Players by Market Share
Table 101: Global Industrial Robot Players by Market Share; 2017 (Percentage, %)
7. Company Profiles
7.1 Fanuc Corporation
7.1.1 Business Overview
7.1.2 Financial Overview
Table 102: Fanuc Corporation Net Sales; 2014-2018 (US$ Billion)
Table 103: Fanuc Corporation Net Sales by Region; 2018 (Percentage, %)
7.1.3 Business Strategy
7.2 ABB Group
7.2.1 Business Overview
7.2.2 Financial Overview
Table 104: ABB Group Total Revenue; 2014-2018 (US$ Billion)
Table 105: ABB Group Total Revenue by Segments; 2018 (Percentage, %)
Table 106: ABB Group Total Revenue by Region; 2018 (Percentage, %)
7.2.3 Business Strategy
7.3 KUKA Group
7.3.1 Business Overview
7.3.2 Financial Overview
Table 107: KUKA Group Sales Revenue; 2014-2018 (US$ Billion)
Table 108: KUKA Group Sales Revenue by Segments; 2018 (Percentage, %)
Table 109: KUKA Group Sales Revenue by Region; 2018 (Percentage, %)
7.3.3 Business Strategy
7.4 Yaskawa Electric Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
Table 110: Yaskawa Electric Corporation Net Sales; 2013-2017 (US$ Billion)
Table 111: Yaskawa Electric Corporation Net Sales by Segments; 2017 (Percentage, %)
Table 112: Yaskawa Electric Corporation Net Sales by Region; 2017 (Percentage, %)
7.4.3 Business Strategy

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