Rapid expansion in manufacturing industry worldwide will drive Industrial Robotics market by 2025 with a CAGR of 14.2%.

by Sameer Joshi or 21-Feb-2018

The “Industrial Robotics Market to 2025 by Types (Articulated Robots, Cartesian Robots, Scara Robots, and Collaborative Robots); Function (Soldering & Welding, Material Handling, Assembling & Disassembling, Painting & Dispensing, and Milling, Cutting & Processing); and Industry (Automotive, Medical & Pharmaceuticals, Electrical & Electronics, Rubber & Plastics, Metals & Machinery, and Food & Agriculture) – Global Analysis and Forecast”. The scope of study involves understanding on the factors responsible for this growth of industrial robotics market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant industrial robotics players in the market and their key developments.

Industrial Robotics Market to 2025 – Global Analysis and Forecast by Types, Function, and Industry. Industrial Robotics market is expected to grow to US$ 48,166.9 million by 2025 from US$ 16,847.6 million in 2017. Industrial robotics are highly gaining exposure in the market, owing to the increase in the speed of the process along with the increased accuracy in the manufacturing of the products. This is increasing its demand in automotive as well as several non-automotive sectors.

The expansion in the manufacturing industry is highly driven by the economic growth worldwide. Also, the industry is presently found to be in the middle of a technological renaissance, which is changing the outlook, systems and processes of the modern factory. This technological revolution in the factories has been encouraging the manufacturing industries to further invest into these emerging technologies in order to enhance their productivity and production cycle. Thus, the rapid expansion in the manufacturing industry is expected to drive the demand for industrial robotics globally.

The global industrial robotics market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. Asia Pacific region is expected to account for the largest share of the global industrial robotics market in 2016, followed by Europe. China being key country in Asia Pacific region will lead industrial robotics market in this region and is also expected to continue dominance throughout the forecast period from 2018 to 2025. The key players profiled in the report are ABB Ltd., Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Fanuc Corporation, Kuka AG, Mitsubishi Electric Corporation, Denso Corporation, Nachi-Fujikoshi Corp., Comau S.p.A., and Universal Robots A/S.
We have also profiled companies such as Airborne Robotics, Aquabotix Technology Corporation, Bastian Solutions Inc., Clearpath Robotics, AgEagle Aerial Systems Inc., Deep Trekker Inc., Fetch Robotics, Fuji Robotics, GE Inspection Robotics, Geek+ Inc., General Dynamics Mission Systems Inc., Honeybee Robotics, Ifuture Robotics, Inuktun Services Ltd., Invia Robotics, Kongsberg Maritime, Locus Robotics, OpenROV CA, Precision Automation Inc., Toshiba Machine Co. Ltd., Baker Hughes Inc., and IRTS.

The report segments the global Industrial Robotics market as follows:

Global Industrial Robotics Market – By Types
Articulated Robots
Cartesian Robots
SCARA Robots
Collaborative Robots
Others

Global Industrial Robotics Market – By Function
Soldering & Welding
Material Handling
Assembling & Disassembling
Painting & Dispensing
Milling
Cutting & Processing
Others

Global Industrial Robotics Market – By Industry
Automotive
Medical & Pharmaceuticals
Electrical & Electronics
Rubber & Plastics
Metal & machinery
Food & Agriculture
Others

Global Industrial Robotics Market – By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Rest of Europe
Asia Pacific (APAC)
South Korea
China
India
Japan
Taiwan
Rest of APAC
Middle East & Africa (MEA)
Africa
Rest of MEA
South America (SAM)
Brazil
Rest of SAM