Industrial Robotics Market was valued at USD 47.33 Billion in 2022, and is expected to reach USD 103.34 Billion by 2029, exhibiting a CAGR of 11.8 % during the forecast period (2023-2029)

Industrial Robotics Market Scope and Research Methodology

This Industrial Robotics Market research report provides a comprehensive view of competition, including market share and profiles of major industry rivals worldwide. The study delves into various sectors to examine the factors that influence the industry’s growth.

The top-down and bottom-up approaches are used to validate and estimate market size by segment. Industrial Robotics Market estimates are based on sale prices, with weights applied to usage rate and average sale price to produce percentage splits, market shares, and segment breakdowns. The geographical divisions are based on the adoption or usage percentage of the market size in each area.

Industrial Robotics Market Drivers :

The Companies have started focusing on automation of operational processes to reduce cost, save time, deliver high-quality products, and increase productivity to meet the stiff competition. And the report has analysed and has covered the direct positive impact of top line of the companies, which have implemented industrial robotics solution partially or fully. The report will give the penetration of industrial robotics in each industry by countries covered.

Industrial robots automate the internal processes and reduce workload of employees by working in collaboration with workers for better efficiency. They are used in the manufacturing industry for raw material handling and finished product packing; in factories for spot welding, arc welding, and extracted die castings; and in infrastructure and logistics for project monitoring and reducing human labor. Several companies concentrate on deploying industrial robots for dangerous and hazardous environmental tasks, owing to stringent safety regulations. Escalating need for automation across various industries drives the global industrial robotics market.

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Industrial Robotics Market Segmentation Analysis:

Based on Formulation, the Tablets Supplements segment held the largest market share of the Market in 2023. According to the MMR analysis, It stands out as the dominant segment in Market thanks to its rapid technological advancement and growing adoption of smart devices with data connectivity and integration.

by Type

1. Articulated
2. Cartesian
3. SCARA
4. Cylindrical
5. Others

by Function

1. Automotive
2. Electrical & Electronics
3. Chemical, Rubber & Plastics
4. Machinery
5. Metals
6. Food & Beverages
7. Precision & Optics
8. Others

by End-Use Industry

1. Soldering & Welding
2. Materials Handling
3. Assembling & Disassembling
4. Painting & Dispensing
5. Milling, Cutting, & Processing
6. Others

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Key players include Industrial Robotics Industry :

1. Daihen Corporation
2. Denso Corporation
3. Epson America, Inc.
4. Fanuc Ltd.
5. Kawasaki Heavy Industries Ltd.
6. KUKA Robotics Corporation
7. Mitsubishi Electric Corporation
8. Nachi Robotic Systems, Inc.
9. Panasonic Corporation
10. Universal Robotics
11. Yaskawa Electric Corporation
12. ABB Ltd.
13. Robofusion
14. Kobelco Paint Robot
15. Kobe Steel Limited

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Key Questions Answered in the Industrial Robotics Market Report are:

Which segment asserted the greatest market share in 2024 for Industrial Robotics ?
• How does the competitive landscape unfold within the Industrial Robotics market?
• What pivotal factors steer the growth trajectory of the Industrial Robotics market?
• In the realm of the Industrial Robotics market, which region commands the most significant market share?
• What is the anticipated Compound Annual Growth Rate (CAGR) for the Industrial Robotics market during the forecast period (2024-2030)?

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