Industrial Robots Market
Machinery

Global Industrial Robots Market Size, Forecasts, And Opportunities

Learn about the global industrial robots market through The Business Research Company, which provides information on industrial robots market size, industrial robots market drivers and restraints, industrial robots market players, the COVID-19 impact on the industrial robots market, and more.

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The global industrial robots market is expected grow from $47.52 billion in 2020 to $53 billion in 2021 at a compound annual growth rate (CAGR) of 11.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The industrial robots market is expected to reach $75.84 billion in 2025 at a CAGR of 9%.

Shortage of skilled workers is expected to drive innovation in industrial robots manufacturing, thus driving the market during the forecast period.

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The industrial robots market consists of sales of robotic products and related services for the performance of a specific task. A robot is a programmable, mechanical device generally used in place of a person to perform dangerous or repetitive tasks with a high degree of accuracy. A robot has its control system and is not controlled by a machine.

Global industrial robots market segments include:

By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots, Others

By End-User Industry: Automotive, Electrical And Electronics, Healthcare & Pharmaceuticals, Food & Beverages, Rubber & Plastics, Metals & Machinery, Others

By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Automated mobile robots (AMR) is one of the recent trends of industrial robots market. An AMR is a robot which is designed to move materials across a plant floor or through a warehouse without the aid and direction of a human worker. Floor cleaners, forklifts, pallet movers are examples of types of AMRs.

TBRC’s industrial robots market report covers:

Major Market Players: ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, Denso, Nachi Fujikoshin, Epson, and Dürr.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Industrial Robots Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides industrial robots market overviews, analyzes and forecasts market size, share, industrial robots market players, industrial robots market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s industrial robots market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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