The Industrial Robotics market is heterogeneous and dynamic with many new suppliers entering and exiting. The Chinese suppliers in the industrial robotics market have been gaining ground due to several factors. Since the mid-2000s, the rise of Chinese suppliers has introduced competition and price pressure to incumbent suppliers. This is driven by digital transformation, falling prices, and a lack of skilled workers, leading to a higher degree of automation. Additionally, the Chinese government has provided substantial subsidies to robotics suppliers, contributing to the growth of the domestic robotics industry. Due to digital transformation and the road to lights out production, in some industries the demand for industrial robots will be high, as at the same time new type of robots like cobots, AMRs, and drones will take some share from classic robots. New technologies, mainly AI, will drive the market for industrial robotics
"The use of AI in robotics and automation is growing exponentially. The emergence of Generative AI has opened innovative solutions. Robot manufacturers are developing GenAI-driven interfaces, which allow users to program robots more intuitively by using natural language instead of code. Workers will no longer need specialized programming skills to select and adjust the robot’s actions. Robotics and AI are the “dream team” in automation and will continuously shape the future of production and manufacturing,” according to Fabian Wanke, Research Analyst and key author of ARC's Industrial Robotics Market Research.
Industrial Robotics Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Brand Labeling, Not Just Cobots
- AMRs–Autonomous Mobile Robots
- Smart and Easy Teaching
- Open-source Software
- Standardized Interface for Industrial Robot Operating System
- Standardization
- Collaborative Environments
- Integral Part of Complete Manufacturing Processes
- Digital Services (DS)
- No-code/ Low-code Programming
- Recycled/Reused/Refurbished Robots
- Digital Twins and Simulation
- Automation Suppliers Offering Own IRs
- AI and ML
Leading Suppliers to the Industrial Robotics Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Fanuc, KUKA, Yaskawa.
About the Industrial Robotics Research
The Industrial Robotics research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and one year of historical analysis. The research segmentation includes Industry, Customer Type, World Region, Sales Channel, Revenue Category, Application, Type of Robot.
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