Demand for Global Industrial Robotics Market Size & Share Is Expected 11.8% CAGR Rise, Will Hit To USD 81.4 Billion By 2028

SARASOTA, NEW YORK, UNITED STATES, September 13, 2022 /EINPresswire.com/ -- According to the report, the global industrial robotics market was valued at approximately USD 41.7 billion in 2021 and is expected to generate revenue of around USD 81.4 billion by the end of 2028, growing at a CAGR of around 11.8% between 2021 and 2028.

The report analyzes the Industrial Robotics Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Industrial Robotics Market.

Industrial robots are workers that can do risky or repetitive duties for manufacturing operations with high accuracy. The fulcrum of industrial robotics is the industrial robot, which is described as an automatically controlled, reprogrammable, multipurpose manipulator with three or more axes. For use in industrial automation, industrial robots can be either stationary or mobile.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 @ https://www.zionmarketresearch.com/sample/industrial-robotics-market

The implementation of various types of production control techniques, as well as the introduction of automation solutions, are significant components of current product development policies, thus driving the growth of the market. In addition, increased awareness of industrial robots has resulted in their deployment in industries ranging from manufacturing to healthcare. Industrial robotics is a rapidly growing market with a wide range of applications across all industry verticals.

Moreover, the high cost of labor in the developed region, combined with the growing desire for automation, has resulted in an increase in industrial robot shipments for applications ranging from basic consumer applications to factory applications.

Furthermore, this market is being pushed mostly by a global increase in labor costs, which has led firms to replace human labor with robots. However, large capital investment is required not only for the acquisition of the robot, but also for integration, programming, and maintenance may hamper the market growth.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝟒𝟗 𝐓𝐚𝐛𝐥𝐞𝐬 & 𝟏𝟗 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐬𝐩𝐫𝐞𝐚𝐝 𝐨𝐯𝐞𝐫 𝟏𝟏𝟎 𝐏𝐚𝐠𝐞𝐬 𝐚𝐧𝐝 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐓𝐎𝐂 𝐨𝐧 “𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐑𝐨𝐛𝐨𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 & 𝐒𝐡𝐚𝐫𝐞 𝟐𝟎𝟐𝟏 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐲𝐩𝐞, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟖”.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

The Industrial Robotics Market is categorized based on Type, Component, Payload, Application, and Industry.

Based on Type, the global market is distinguished into Traditional Industrial Robots, Articulated Robots, SCARA Robots, Parallel/Delta Robots, Cartesian/Linear/Gantry Robots, Other Robots (Cylindrical robots, Spherical robots, and Swing-arm robots), and Collaborative Robots.

Based on Component, the global market is distinguished into Robotic Arms, Robot Accessories, End Effectors, Controllers, Drive Units, Vision Systems, Sensors, Power Supply, Others, Additional Hardware (Safety, fencing, fixtures, conveyors, etc.), System Engineering, and Software & Programming.

Based on Payload, the global market is distinguished into Up to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 kg, and More than 225.00 kg. Based on Application, the global market is distinguished into Handling, Assembling and Disassembling, Welding and Soldering, Dispensing, Processing, and Others (Inspection & quality-testing and die-casting & molding).

Based on Industry, the global market is distinguished into Handling, Automotive, Electrical and Electronics, Metals and Machinery, Plastics, Rubber, and Chemicals, Food and Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics, and Others (Paper and printing, foundry and forging, ceramics and stone, and wood).

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

During the forecast period, APAC led the Industrial Robotics Market. The rapid adoption of modern technologies in countries such as India and China is expected to drive market expansion. Because of its solid financial position, it can invest extensively in the adoption of cutting-edge tools and technology to ensure efficient corporate operations.

𝘽𝙧𝙤𝙬𝙨𝙚 𝙩𝙝𝙚 𝙛𝙪𝙡𝙡 𝙍𝙚𝙥𝙤𝙧𝙩 𝙖𝙩 https://www.zionmarketresearch.com/report/industrial-robotics-market

Furthermore, the automobile industry is a key adopter of industrial robotics with a wide range of applications, therefore the region's rising automotive industry will boost the market.

North America, which is one of the major innovators and pioneers in robotics adoption, is also predicted to rise significantly. The use of robots in the region is increasing, which is making US companies more competitive and creating new job opportunities. Growing expenditures in automotive facility automation show a consistent increase in robotic process automation in the region.

𝙇𝙞𝙨𝙩 𝙤𝙛 𝙆𝙚𝙮 𝙋𝙡𝙖𝙮𝙚𝙧𝙨 𝙤𝙛 𝙄𝙣𝙙𝙪𝙨𝙩𝙧𝙞𝙖𝙡 𝙍𝙤𝙗𝙤𝙩𝙞𝙘𝙨 𝙈𝙖𝙧𝙠𝙚𝙩:

-ABB (Switzerland)
-FANUC (Japan)
-YASKAWA(Japan) KUKA (Germany)
-Mitsubishi Electric (Japan) (Japan)
-Kawasaki Heavy Industries (Japan)
-Denso Corporation (Japan)
-NACHI-FUJIKOSHI (Japan)
-Seiko Epson (Japan)
-DÜrr (Germany)
-Universal Robots (Denmark)
-Stäubli (Switzerland)
-Comau (Italy)
-B+M SURFACE SYSTEMS (Germany)
-ICR Services (US)
-IRS Robotics (Netherlands)
-Hyundai Robotics (South Korea)
-Siasun Robotics (China)
-RobotWorx (US)
-Techman Robot (Taiwan)
-Rethink Robotics (Germany)
-FrankaEmika (Germany)
-F&P Robotics (Switzerland)
-Bosch Rexroth (Germany).

𝑰𝒏𝒒𝒖𝒊𝒓𝒆 𝒎𝒐𝒓𝒆 𝒂𝒃𝒐𝒖𝒕 𝒕𝒉𝒊𝒔 𝒓𝒆𝒑𝒐𝒓𝒕 𝒃𝒆𝒇𝒐𝒓𝒆 𝒑𝒖𝒓𝒄𝒉𝒂𝒔𝒊𝒏𝒈 @ https://www.zionmarketresearch.com/inquiry/industrial-robotics-market

𝐑𝐞𝐜𝐞𝐧𝐭 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

-In 2021, Kuka AG unveiled the first version of its new operating system, iiQKA.OS, which will greatly simplify robot use. This new operating system serves as the foundation for a whole ecosystem, offering a diverse range of programs, components, apps, equipment, and services.
-In 2021, OMRON Corporation introduced its new industrial robot, the 'i4 series SCARA robot.' The robot offers automatic high-precision, high-speed assembly and is simple to install and transport. The i4 series robots are designed to be tiny and ideal for lightweight applications.

𝙄𝙣𝙙𝙪𝙨𝙩𝙧𝙞𝙖𝙡 𝙍𝙤𝙗𝙤𝙩𝙞𝙘𝙨 𝙈𝙖𝙧𝙠𝙚𝙩: 𝙂𝙧𝙤𝙬𝙩𝙝 𝘿𝙮𝙣𝙖𝙢𝙞𝙘𝙨

𝘿𝙧𝙞𝙫𝙚𝙧𝙨: 𝙄𝙣𝙘𝙧𝙚𝙖𝙨𝙚𝙙 𝙞𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝙖𝙘𝙧𝙤𝙨𝙨 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙞𝙚𝙨 𝙞𝙨 𝙥𝙧𝙤𝙥𝙚𝙡𝙡𝙞𝙣𝙜 𝙩𝙝𝙚 𝙢𝙖𝙧𝙠𝙚𝙩 𝙛𝙤𝙧𝙬𝙖𝙧𝙙.

In general, industrial robots are in great demand in industries such as automotive, pharmaceuticals, consumer electronics, packaging, and manufacturing. This demand, however, is predicated on their requirement for the type of robot that they place across their facilities in order to harness manufacturing activity and cut costs. For example, players in consumer electronics should install collaborative robots at a faster rate to increase production flexibility. As a result, significant investments are being made in the market, which is driving market expansion.

𝘿𝙞𝙧𝙚𝙘𝙩𝙡𝙮 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙖 𝘾𝙤𝙥𝙮 𝙤𝙛 𝙩𝙝𝙚 𝙍𝙚𝙥𝙤𝙧𝙩 @ https://www.zionmarketresearch.com/buynow/su/industrial-robotics-market

𝙆𝙚𝙮 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣𝙨 𝙖𝙣𝙨𝙬𝙚𝙧𝙚𝙙 𝙞𝙣 𝙩𝙝𝙞𝙨 𝙧𝙚𝙥𝙤𝙧𝙩:

-What are the growth rate forecast and market size for Industrial Robotics Market?
-What are the key driving factors propelling the Industrial Robotics Market forward?
-What are the most important companies in the Industrial Robotics Market Industry?
-What segments does the Industrial Robotics Market cover?

Browse through Zion Market Research's coverage of the Global Heavy Industry

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Kavita More
Zion Market Research
+1 855-465-4651
Kavita.m@marketresearchstore.com
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