Industrial Robotics

Publish Date

The industrial robotics market analysis report delivers current market analysis plus a five-year market forecast.  The report also takes a closer look at upcoming market and technology trends and automation equipment related to industrial robotics.

Industrial Robotics: Demand for AI Integration, Relocation of Production, and Robotics-as-a-Service Model Drive Growth

The industrial robotics (IR) market knew only one direction over the last decades – up.  More and more units were produced and revenues grew, even though the prices for industrial robots declined.  But the growth run was already stuttering in 2019 and continued so in the first month of 2020 due to the current global pandemic situation, political reasons, and therefore big economic uncertainties.  Apart from these huge inhibiting factors, ARC expects that global demand for industrial robotics will grow in the coming years over the forecast period, even if the classical industrial robots also face competition from new robot types like cobots, mobile robots, and service robots. 

Industrial RobotticsManufacturers from all vertical industries constantly review and question their production processes and automation systems to find new ways to bring more productivity and flexibility to their production floor.  The same applies to the challenges of industries adapting to new regulatory and environmental requirements.  Manufacturing industries around the world are being driven by efforts to improve efficiency and effectiveness, while at the same time the often-described process of digitization is advancing. 

A higher degree of automation and new approaches in automation, such as ever better and cheaper computing power and rapidly advancing developments in the software sector, will shape the coming years.  Adoption of AI/ ML in manufacturing and robotics is fueled by several internal and external factors such as demand for greater variety, traceability, flexibility, production efficiency, speed, faster market dynamics, and lower operational costs. 

Industrial Robotics Market Strategic Issues

Industrial Robotics Industry TrendsIn addition to providing a five-year market forecast, the Industrial Robotics Market Research Report provides detailed quantitative current market data and addresses key strategic issues as follow.

Strategic Issue for Industrial Robot Vendors: External View and Assessment of AI Skills

Robots and solution providers should give a realistic picture of what their AI solutions can really achieve.  End users and machine builders, especially small and medium-sized enterprises, are still skeptical to some extent. They need to be convinced of how AI technologies can make a significant value contribution to their company. 

Industrial robot suppliers must provide a realistic and honest view of the possibilities so that the customer's expectations are not too high and the customer is not disappointed in the end.  Initial testing and learning approaches at the customer's premises also help to reduce existing skepticism, validate the business case, and point out further possible application scenarios. 

Strategic Issue for Users: Spoiled for Choice

The robot market has developed very strongly in recent years. Service robots, AMRs, AGVs, and cobots have greatly enriched the robot portfolio for industrial applications.  They complement the classic industrial robots.  Today, the customer is spoiled for choice.

The choice of the robot depends mainly on the application(s) it is to perform.  How much precision is required?  Is the robot versatile and can it support the worker effectively?  Possible expansions in the future, energy efficiency, appropriate financing model, and much more must be considered.  And then there is still the question of the choice of the supplier or system integrator.

Strategic Issue for All Market Participants: COVID-19 Pandemic

Interjection: At the time of finalizing this report, the COVID-19 pandemic had just begun.  Due to the unpredictable situations, including lockdowns and the wide variety of government policies across the globe to contain this pandemic, the figures should be considered preliminary.  To support its customers in these uncertain times, ARC has developed a special service package tailored to the needs of industrial companies.  The scenarios/ model calculations are, so to speak, the first-aid kit for your planning.  Scenarios help you understanding complex situations by considering different possible outcomes.  For further information, please contact us or your ARC Client Manager.

 

Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) No No
Latin America (includes country data) No No
Europe, Middle East, Africa (includes country data) No No
Asia (includes country data) No No
Country Profiles (includes Country Data) No No

Worldwide Research Focus Areas

Strategic Analysis

  • Major Market Trends
  • Industry Trends
  • Regional Trends
  • Strategic Recommendations

Competitive Analysis

  • Market Shares Analysis
  • Market Shares of the Leading Suppliers 
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Captive Industrial Robot Automation Market
  • Market Shares by Revenue Category 
    • Hardware
    • Services 
  • Market Shares by Industry
    • Aerospace & Defense
    • Automotive
    • Cement & Glass
    • Chemical
    • Electronics & Electrical
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Pharmaceutical & Biotech 
    • Pulp & Paper
    • Semiconductors
  • Market Shares by Hardware Type 
    • Articulated
    • Delta/Parallel
    • Linear
    • SCARA
  • Market Shares by Application Type
    • Assembling & Disassembling
    • Material Handling
    • Milling, Cutting, & Processing
    • Painting & Dispensing
    • Soldering & Welding
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecast Analysis

  • Industrial Robotic and Automation Market Landscape
  • Automation Technologies Used within Industrial Robots
  • Disruptive Technologies and Trends 
  • Factors Contributing to Growth 
  • Factors Inhibiting Growth
  • Total Shipments of Industrial Robotics
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category 
    • Hardware
    • Services 
  • Shipments by Industry
    • Aerospace & Defense
    • Automotive
    • Cement & Glass
    • Chemical
    • Electronics & Electrical
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Pharmaceutical & Biotech 
    • Pulp & Paper
    • Semiconductors
  • Shipments by Hardware Type
    • Articulated
    • Delta/Parallel
    • Linear
    • SCARA
  • Shipments by Application Type
    • Assembling & Disassembling
    • Material Handling
    • Milling, Cutting, & Processing
    • Painting & Dispensing
    • Soldering & Welding
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market.  

 

For More Information

For more information on the Industrial Robotics Market Research Study or to purchase it, please contact us.