Industrial Robotics Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity, the global industrial robotics market size is projected to reach a CAGR of 13.3% to 2030.
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An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable, and capable of movement on three or more axis. Typical applications of robots include welding, painting, assembly, pick and place for printed security boards, packing and labelling, palletizing, product inspection, and testing, all accomplished with high endurance, speed, and precision.
The growing adoption of automation in the automotive manufacturing process and involvement of digitization and AI are some of the factors that have supported long-term expansion for Industrial Robotics Market.
Regional Analysis
APAC to hold the largest share of market for traditional industrial robots in 2021 both in terms of value and the volume. This can be attributed to the increasing labour costs in APAC that are forcing manufacturers to automate the manufacturing processes to maintain their cost advantage.
Recent Developments: Industrial Robotics Market
ABB announced the acquisition of Codian Robotics (Netherlands), a leading provider of delta robots used primarily for high-precision pick and place applications. Codian Robotics offering includes a hygienic design line, ideal for hygiene-sensitive industries including food and beverage and pharmaceuticals. With the acquisition, ABB is expected to increase its delta robot offerings.
KUKA(Germany) announced its new SCARA robots under the KR SCARA line-up that excel in applications like in small parts assembly, materials handling and inspection tasks with a payload of 6 kg. The robots will be mainly offered to cost sensitive markets.
Top Key Players
- ABB Ltd.
- Yaskawa Electric Corporation
- Denso Corporation
- Fanuc Corporation
- KUKA AG and Many More
The Report helps to identify the opportunities in Global Regions:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.)
- The Middle East and Africa (North Africa and GCC Countries)
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