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Global Robot Drives Market 2017-2021

Global Robot Drives Market 2017-2021

About Robot Drives

Industrial robots have emerged as game changers in the industrial automation sector during the recent years. End-users that were reluctant to adopt automation in their facilities have realized the long-term benefits associated with industrial robots; therefore, many end-users are undergoing a transition to implement robots across various applications. It has been predicted that the revenue of the industrial robotics market will grow at a CAGR of 7.66% during the forecast period. The rising scope of industrial robotic implementation across end-user applications has subsequently generated demand for servo-electric drives for controlling the movement of robots. With industrial robots being increasingly deployed for welding, painting, material handling, and assembling processes, the market for servo drives is expected to exhibit growth during the forecast period.

Technavio’s analysts forecast the global robot drives market to grow at a CAGR of 7.76% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global robot drives market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of robot drives.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Robot Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch Rexroth
  • Ingenia Motion Control
  • Robotics & Drives
  • YASKAWA Electric Corporation
Other prominent vendors
  • ABB
  • Bass-Antriebstechnik
  • Beijing Leader & Harvest Elecric Technologies
  • Danfoss
  • DENSO Robotics
  • Emerson Electric
  • Fanuc
  • Harmonic Drive
  • Hitachi Industrial Equipment Systems
  • Kollmorgen
  • Micro-Motor
  • ROBOTEC Engineering
  • Rockwell Automation
  • Schneider Electric
  • Seimens
Market driver
  • Rise in number of SMEs investing in automation
  • For a full, detailed list, view our report
Market challenge
  • Emergence of low-cost product manufacturers
  • For a full, detailed list, view our report
Market trend
  • Adoption of customized robots
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Robot Drives Market 2017-2021

Technavio recognizes the following companies as the key players in the global robot drives market: Bosch Rexroth, Ingenia Motion Control, Robotics & Drives, and YASKAWA Electric Corporation

Other Prominent Vendors in the market are: ABB, Bass-Antriebstechnik, Beijing Leader & Harvest Elecric Technologies, Danfoss, DENSO Robotics, Emerson Electric, Fanuc, Harmonic Drive, Hitachi Industrial Equipment Systems, Kollmorgen, Micro-Motor, ROBOTEC Engineering, Rockwell Automation, Schneider Electric, and Siemens

Commenting on the report, an analyst from Technavio’s team said: “New concepts of collaborative robots are gaining popularity, as these robots work in tandem with humans, thus speeding up operational workflow. Companies such as ABB have configured work environments where human workers and robots can swap tasks to learn from each other’s experience and speed up the industrial processes. It has been observed that co-operative processes carried out by humans and robots can reduce the idle human worker time by 80%-85%.”

According to the report, advances in technology are driving both large industrial players and several small and medium-sized enterprises (SMEs) to opt for industrial robots as a measure to cut down their operational cost. Countries like China, Japan, and Taiwan are witnessing the growth of SMEs across various end-user industries. To harness the benefits of lower cost of operation using industrial robots, SMEs have started adopting automation and robotics on a large scale. As a result of this transformational change, vendors are trying to capitalize this opportunity by developing customized robots that are ideally designed to meet the needs and affordability of SMEs. Adoption of industrial robots has decreased the dependency of companies on expensive manual labor and increased their productivity margins. A robot, when compared with a human worker, can double the production output of a machine on a regular basis. Implementation of robots in industries also helps to minimize extra expenditure incurred on overhead expenses such as salary, compensation, and pensions.

Further, the report states that advances in technology are driving both large industrial players and several small and medium-sized enterprises (SMEs) to opt for industrial robots as a measure to cut down their operational cost. Countries like China, Japan, and Taiwan are witnessing the growth of SMEs across various end-user industries. To harness the benefits of lower cost of operation using industrial robots, SMEs have started adopting automation and robotics on a large scale. As a result of this transformational change, vendors are trying to capitalize this opportunity by developing customized robots that are ideally designed to meet the needs and affordability of SMEs. Adoption of industrial robots has decreased the dependency of companies on expensive manual labor and increased their productivity margins. A robot, when compared with a human worker, can double the production output of a machine on a regular basis. Implementation of robots in industries also helps to minimize extra expenditure incurred on overhead expenses such as salary, compensation, and pensions.

Companies Mentioned

Bosch Rexroth, Ingenia Motion Control, Robotics & Drives, YASKAWA Electric Corporation, ABB, Bass-Antriebstechnik, Beijing Leader & Harvest Elecric Technologies, Danfoss, DENSO Robotics, Emerson Electric, Fanuc, Harmonic Drive, Hitachi Industrial Equipment Systems, Kollmorgen, Micro-Motor, ROBOTEC Engineering, Rockwell Automation, Schneider Electric, and Siemens

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Comparison between AC servo drive and DC servo drive
      • Table Benefits offered by servo robot drives
  • Market landscape
    • Market overview
      • Table Global robot drives market: Value chain analysis
      • Table Role of key stakeholders in the value chain
    • Market size and forecast
      • Table Global robot drives market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global robot drives market by type
      • Table Servo drive requirements
      • Table Global robot drives market by type 2016 and 2021 (% share)
    • Global robot drives market by DC servo drives
      • Table Global robot drives market by DC servo drives 2016-2021 ($ millions)
      • Table Features of a DC servo drive
    • Global robot drives market by AC servo drives
      • Table Global robot drives market by AC servo drives 2016-2021 ($ millions)
      • Table Features of an AC servo drive
  • Market segmentation by application
    • Global robot drives market by application
      • Table Global robot drives market by application 2016 and 2021 (% share)
    • Global robot drives market by material handling
      • Table Global robot drives market by material handling 2016-2021 ($ millions)
    • Global robot drives market by assembly line
      • Table Global robot drives market by assembly line 2016-2021 ($ millions)
    • Global robot drives market by welding
      • Table Global robot drives market by welding 2016-2021 ($ millions)
    • Global robot drives market by painting
      • Table Global robot drives market by painting 2016-2021 ($ millions)
  • Geographical segmentation
    • Global robot drives market by geography
      • Table Geographical breakdown of global industrial robot market revenue in 2016 ($ billions)
      • Table Global robot drives market by geography 2016 and 2021
    • Robot drives market in APAC
      • Table Robot drives market in APAC 2016-2021 ($ millions)
      • Table Industrial robot market in APAC by country
    • Robot drives market in Americas
      • Table Robot drives market in Americas 2016-2021 ($ millions)
    • Robot drives market in EMEA
      • Table Robot drives market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Developments in R&D
    • Adoption of customized robots
    • Integration of IoT in robotics
  • Vendor landscape
    • Competition overview
      • Table Prominent vendors in global robot drives market
      • Table Other prominent vendors
    • Key vendor analysis Bosch Rexroth
      • Table Bosch Rexroth: Product offerings in global robot drives market
    • Ingenia Motion Control
      • Table Ingenia Motion Control: Product offerings in global robot drives market
    • Robotics & Drives
      • Table Robotics & Drives: End-users served
    • YASKAWA Electric Corporation
      • Table YASKAWA Electric Corporation: Industries served
      • Table YASKAWA Electric Corporation: Products offered in global robot drives market
    • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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