DUBLIN–(Small business WIRE)–The “Industrial Robotics Market (Impact of COVID-19) and Volume Investigation by Software (Automotive Marketplace, Electrical/Electronics, Metal, Chemical, Rubber and Plastics, Meals, Others, Unspecified), Geographical Distribution and Critical Players Investigation – Worldwide Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The world-wide industrial robotics market was valued at all over US$ 10.6 Billion in 2020.
The marketplace for industrial robots is hampered because of to their reliance on the automotive and electrical/electronic industries, which was affected the most because of to COVID-19 pandemic. Shoppers from both the automotive industry and standard marketplace held again on orders and postponed their prepared investments for robots and help products and services.
Nevertheless, the need for industrial robotics is anticipated to develop exponentially in the course of the forecast time period pushed by positive aspects this kind of as charge reduction, improved quality, improved production, and improved workplace health and fitness and basic safety.
The adoption of automation to be certain top quality creation and satisfy industry demand, and the increasing need from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics current market globally.
Effect of COVID-19 on Industrial Robotics Current market
The COVID-19 outbreak has turn into a international stress test. As the variety of people today contaminated with the virus proceeds to increase all over the entire world, uncertainties about global financial advancement will increase. The COVID-19 ailment has contaminated more than 176 Million men and women all over the world.
Globally the death toll has surpassed 3,803,257, according to the newest data from the Worldometers (as of June 12, 2021). The selection is even now developing, and the period of the pandemic is still complicated to forecast. Pursuing a slowdown in global need of industrial robots thanks to the COVID-19 pandemic, it is anticipated that the key industrial robotic vendors will begin receiving orders from 2021 onwards.
Industrial Robotics Sector – Section Examination
On the foundation of segment, the automotive business accounted for highest share of the industrial robotics market. Close to 28% of all industrial robot installations just take area in the automotive field. The sector for industrial robotics in the electrical and electronics sector is probably the one particular most influenced by the China-US trade disaster as Asian countries (e.g., China, Japan, Republic of Korea) are leaders in manufacturing electronic solutions and parts.
Steel field has been observing an accelerated expansion of industrial robotics adoption in current decades. Equally device cargo and the sales income are anticipated to take pleasure in handsome advancement more than the forecast time period. Chemical, rubber and plastics sector is the fourth major current market for industrial robotics industry, while food items industry accounted for the very least share of the global industrial robotics market place.
Industrial Robotics Current market – Regional Assessment
In conditions of geographical locations, Asia/Australia is the world’s strongest advancement industry for industrial robots. This area accounted for close to 67% share of the industrial robotics market place in 2020. The primary motorists for this progress are the need for industrial robots from small- and medium-scale enterprises in China, Japan, South Korea, and India.
Due to the fact 2013 China has been the biggest robotic sector in the earth with a continued dynamic growth. The 5 important marketplaces including China, Japan, the United States, the Republic of Korea, and Germany accounts for all over 74% of the complete robotics product sales quantity in 2020. Europe is the next main area for industrial robotics current market, adopted by the Americas.
Important Topics Lined:
1. Executive Summary
2. Impact of Coronavirus (COVID-19) Pandemic on Industrial Robotics Sector
3. International Industrial Robotics Sector and Quantity Evaluation (2009 – 2025)
3.1 World Industrial Robotics Market place and Forecast
3.2 World Industrial Robotics Volume and Forecast
4. International Industrial Robotics Industry Share and Forecast
4.1 World Industrial Robotics Current market Share and Forecast – By Section (2009 – 2025)
4.2 International Industrial Robotics Industry Share and Forecast – By Location (2010 – 2025)
5. Worldwide Industrial Robotics Marketplace and Quantity Forecast – By Phase (2009 – 2025)
5.1 Worldwide Automotive Industry Robotics Marketplace and Quantity Forecast
5.1.1 World-wide Automotive Business Robotics Sector and Forecast
5.1.2 World Automotive Sector Robotics Quantity and Forecast
5.2 World-wide Electrical/Electronics Marketplace Robotics Market place and Quantity Forecast
5.3 World wide Metallic Sector Robotics Market and Quantity Forecast
5.4 Global Chemical, Rubber and Plastics Field Robotics Industry and Quantity Forecast
5.5 World-wide Food Field Robotics Industry and Quantity Forecast
5.6 World wide Some others Industry Robotics Market and Volume Forecast
5.7 Worldwide Unspecified Field Robotics Market place and Volume Forecast
6. World wide Industrial Robotics Quantity and Forecast – By Location and Nation Smart Distribution (2010 – 2025)
7. Crucial Player Analysis (2010 – 2025)
7.1 KUKA AG
7.1.1 Corporation Overview
7.1.2 Income Analysis
7.1.3 KUKA AG – SWOT Investigation
7.2 Adept Technology (Acquired by OMRON)
7.3 iRobot Corporation
7.4 Intuitive Surgical
7.6 Yaskawa Electric powered Corporation
8. World wide Industrial Robotics Industry – Advancement Drivers
8.1 Growing Analysis and Growth Expenditure
8.2 Technological know-how Developments Shaping the Upcoming of Robotics
8.3 Govt Initiatives Drives Industry for Robotics
8.4 Co-Bots Drives Robotics Market
8.5 Enhanced Company, Elevated Operational Effectiveness and Basic safety
9. Worldwide Services Robotics Current market – Difficulties
9.1 Human-Robot Interaction Problems
9.2 The Large Cost of Robots Restricts Current market Advancement
9.3 Delayed Return on Investment decision (ROI)
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