Global Industrial Robotics Market is accounted for $26.28 billion in 2021 and is expected to reach $69.89 billion by 2028 growing at a CAGR of 15.0% during the forecast period. An industrial robot is a robot system used in manufacturing industries. These are automated, programmable and capable of movement on three or more axis. In simple terms, it is described as a programmable, mechanical device used in place of a person to perform dangerous or repetitive tasks with a high degree of accuracy. They are designed specifically for different applications such as welding, painting, assembly, pick and place for printed circuit boards, packaging and labeling, palletizing, product inspection, and testing in manufacturing industries.
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By geography, North America is projected to hold the largest market share during the forecast period. North America, which is among the leading innovators and pioneers in terms of adoption of robotics, is one of the largest markets.
Some of the key players profiled in the Industrial Robotics Market include ABB Group, B+M Surface Systems, Bosch Group, Cyberdyne, Denso Corporation, Doosan Robotics, Durr AG, FANUC, General Electric, Kawasaki Heavy Industries Ltd, KUKA, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp, Northrop Grumman, Omron Adept, Panasonic Corporation, Seiko, Epson Corporation, Stryker, Yamaha Motor Co., Ltd, and Yaskawa Electric Corporation.
Configurations Covered in Industrial Robotics Market
• Mobile Robots
• Mounted Robots
Payloads Covered:
• 0-20 KG
• 20-80 KG
• 80-300 KG
• 300-1000 KG
• 1000-3000 KG
Subsystems Covered:
• Software
• Robot Machines
• Peripherals & System Engineering
Types Covered:
• Traditional Industrial Robots
• Vacuum Robotics
• Laser Processing Robotics
• Automated Guided Vehicles (AGVs)
• Collaborative Robots
• Other Robots
Functions Covered:
• Material Handling
• Processing
• Assembling & Disassembling
• Dispensing
• Soldering & Welding
• Milling & Grinding
• Other Functions
Components Covered:
• Motors
• Robotic Arm
• Robot Accessories
• Additional Hardware
• System Engineering
End Users Covered:
• Precision Engineering and Optics
• Pharmaceuticals and Cosmetics
• Automotive
• Electrical and Electronics
• Metals and Machinery
• Chemicals, Rubber, and Plastics
• Food & Beverages
• Construction
• Home Appliances
• Agriculture
• Other End Users
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