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Global Industrial Robot Market: Size, Trends and Forecast (2019-2023)

Publisher Name :
Date: 01-Apr-2019
No. of pages: 134

Scope of the Report

The report entitled “Global Industrial Robot Market: Size, Trends and Forecast (2019-2023)” provides an in-depth analysis of the industrial robot market including detailed description of market sizing and growth. The report provides an analysis of the global industrial robot market by value, by volume and includes segment analysis and application analysis as well. The report also includes an in-depth analysis of the industrial robot market for the following regions: Asia-Pacific, Europe, Americas and ROW.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global industrial robot market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the industrial robot market are Fanuc Corporation, ABB Group, KUKA Group and Yaskawa Electric Corporation. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Country Coverage


  • Asia-Pacific

  • Europe

  • Americas

  • ROW


Company Coverage


  • Fanuc Corporation

  • ABB Group

  • KUKA Group

  • Yaskawa Electric Corporation


Executive Summary

Industrial robots are mechanical devices which are used in the manufacturing industry for performing complex and dangerous tasks with greater efficiency as compared to human workers. The robots have the capability of replicating human motions and prove to be very useful in carrying out repetitive tasks. Industrial robots can be easily programmed for performing a variety of tasks such as welding, painting, assembling and disassembling and product inspection.

Industrial robots have been segmented on the basis of type, end-user and function. The types of industrial robots include articulated, Cartesian, cylindrical, selective compliant assembly robot arm (SCARA), parallel and others.

On the basis of application, industrial robots have been divided into automotive, electrical/ electronics, metal and machinery, plastic and chemical products, food and others. Various functions performed by industrial robots include soldering and welding, material handling, assembling and disassembling, painting and dispensing, milling, cutting, processing, etc.

The global industrial robot market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as growing electronics industry, declining industrial robot prices, high labor costs, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are large upfront investment and safety issues.

Global Industrial Robot Market: Size, Trends and Forecast (2019-2023)

Table of Contents

1. Executive Summary

2. Introduction
2.1 Industrial Robots: An Overview
2.1.1 Evolution of Industrial Robots
2.1.2 Types of Industrial Robots
2.2 Advantages and Disadvantages of Industrial Robots
2.2.1 Advantages of Industrial Robots
2.2.2 Disadvantages of Industrial Robots
2.3 Industrial Robots Segmentation: An Overview
2.3.1 Industrial Robots Segmentation by Type
2.3.2 Industrial Robots Segmentation by Application
2.3.3 Industrial Robots Segmentation by Function

3. Global Market Analysis
3.1 Global Industrial Robot Market: An Analysis
3.1.1 Global Industrial Robot Market by Value
3.1.2 Global Industrial Robot Market Value by Region (Asia-Pacific, Europe, Americas and ROW)
3.1.3 Global Industrial Robot Market by Volume
3.1.4 Global Industrial Robot Market Volume by Application (Electrical/ Electronics, Automotive, Metal and Machinery, Plastic and Chemical Products, Food and Other Applications)
3.1.5 Global Industrial Robot Market Volume by Region (Asia-Pacific, Europe and Americas)
3.1.6 Global Industrial Robot Market Volume by Segments (Traditional Industrial Robots and Collaborative Industrial Robots)
3.2 Global Industrial Robot Market: Segment Analysis
3.2.1 Global Traditional Industrial Robot Market by Volume
3.2.2 Global Collaborative Industrial Robot Market by Volume
3.3 Global Industrial Robot Market: Application Analysis
3.3.1 Global Automotive Industrial Robot Market by Volume
3.3.2 Global Electrical/ Electronics Industrial Robot Market by Volume
3.3.3 Global Metal and Machinery Industrial Robot Market by Volume
3.3.4 Global Plastic and Chemical Products Industrial Robot Market by Volume
3.3.5 Global Food Industrial Robot Market by Volume
3.3.6 Global Other Applications Industrial Robot Market by Volume

4. Regional Market Analysis
4.1 Asia-Pacific Industrial Robot Market: An Analysis
4.1.1 Asia-Pacific Industrial Robot Market by Value
4.1.2 Asia-Pacific Industrial Robot Market Value by Region (China and Asia-Pacific (excluding China))
4.1.3 China Industrial Robot Market by Value
4.1.4 China Industrial Robot Market Value by Product Type (Articulated, SCARA, Gantry, Cartesian, Collaborative, Parallel and Cylindrical)
4.1.5 China Cylindrical Industrial Robot Market by Value
4.1.6 China Parallel Industrial Robot Market by Value
4.1.7 China Collaborative Industrial Robot Market by Value
4.1.8 China Cartesian Industrial Robot Market by Value
4.1.9 China Gantry Industrial Robot Market by Value
4.1.10 China SCARA Industrial Robot Market by Value
4.1.11 China Articulated Industrial Robot Market by Value
4.1.12 Asia-Pacific (Excluding China) Industrial Robot Market by Value
4.1.13 Asia-Pacific Industrial Robot Market by Volume
4.1.14 Asia-Pacific Industrial Robot Market Volume by Region (China, Republic of Korea, Japan and Asia-Pacific (excluding China, Japan and Republic of Korea))
4.1.15 China Industrial Robot Market by Volume
4.1.16 Japan Industrial Robot Market by Volume
4.1.17 Republic of Korea Industrial Robot Market by Volume
4.1.18 Asia-Pacific (Excluding China, Japan and Republic of Korea) Industrial Robot Market by Volume
4.2 Europe Industrial Robot Market: An Analysis
4.2.1 Europe Industrial Robot Market by Value
4.2.2 Europe Industrial Robot Market Value by Region (Italy and Europe (excluding Italy))
4.2.3 Italy Industrial Robot Market by Value
4.2.4 Italy Industrial Robot Market Value by Application (Automotive, Electrical/ Electronics, Metal/ Heavy machinery, Chemical, Rubber & Plastics, Food and Other Applications)
4.2.5 Italy Industrial Robot Market Application by Value
4.2.6 Europe (Excluding Italy) Industrial Robot Market by Value
4.2.7 Europe Industrial Robot Market by Volume
4.2.8 Europe Industrial Robot Market Volume by Region (Germany and Europe (excluding Germany))
4.2.9 Germany Industrial Robot Market by Volume
4.2.10 Europe (Excluding Germany) Industrial Robot Market by Volume
4.3 Americas Industrial Robot Market: An Analysis
4.3.1 Americas Industrial Robot Market by Value
4.3.2 Americas Industrial Robot Market by Volume
4.3.3 Americas Industrial Robot Market Volume by Region (North America and South America)
4.3.4 North America Industrial Robot Market by Volume
4.3.5 South America Industrial Robot Market by Volume
4.4 ROW Industrial Robot Market: An Analysis
4.4.1 ROW Industrial Robot Market by Value

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Electronics Industry
5.1.2 Declining Industrial Robot Prices
5.1.3 Growth of Automotive Industry
5.1.4 High Labor Costs
5.1.5 Rising Trend of Automation
5.1.6 Growing Role of Artificial Intelligence Technology
5.2 Challenges
5.2.1 Large Upfront Investment
5.2.2 Safety Issues
5.3 Market Trends
5.3.1 Use of Microelectromechanical Systems (MEMS)
5.3.2 Cloud Robotics
5.3.3 Rising Use of Collaborative Robots (Cobot) in Industries

6. Competitive Landscape
6.1 Global Industrial Robot Market Players: Financial Comparison
6.2 Global Industrial Robot Players by Market Share

7. Company Profiles
7.1 Fanuc Corporation
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 ABB Group
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 KUKA Group
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Yaskawa Electric Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Tables

Table 1: Global Industrial Robot Market Players Financial Comparison; 2017/ 2018

List of Figures

Figure 1: Types of Industrial Robots
Figure 2: Advantages of Industrial Robots
Figure 3: Disadvantages of Industrial Robots
Figure 4: Industrial Robots Segmentation by Type
Figure 5: Industrial Robots Segmentation by Application
Figure 6: Industrial Robots Segmentation by Function
Figure 7: Global Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 8: Global Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 9: Global Industrial Robot Market Value by Region; 2018 (Percentage, %)
Figure 10: Global Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 11: Global Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 12: Global Industrial Robot Market Volume by Application; 2018 (Percentage, %)
Figure 13: Global Industrial Robot Market Volume by Region; 2018 (Percentage, %)
Figure 14: Global Industrial Robot Market Volume by Segments; 2018 (Percentage, %)
Figure 15: Global Traditional Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 16: Global Traditional Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 17: Global Collaborative Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 18: Global Collaborative Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 19: Global Automotive Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 20: Global Automotive Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 21: Global Electrical/ Electronics Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 22: Global Electrical/ Electronics Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 23: Global Metal and Machinery Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 24: Global Metal and Machinery Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 25: Global Plastic and Chemical Products Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 26: Global Plastic and Chemical Products Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 27: Global Food Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 28: Global Food Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 29: Global Other Applications Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 30: Global Other Applications Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 31: Asia-Pacific Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 32: Asia-Pacific Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 33: Asia-Pacific Industrial Robot Market Value by Region; 2018 (Percentage; %)
Figure 34: China Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 35: China Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 36: China Industrial Robot Market Value by Product Type; 2018 (Percentage, %)
Figure 37: China Cylindrical Industrial Robot Market by Value; 2017-2018 (US$ Million)
Figure 38: China Cylindrical Industrial Robot Market by Value; 2019-2023 (US$ Million)
Figure 39: China Parallel Industrial Robot Market by Value; 2017-2018 (US$ Million)
Figure 40: China Parallel Industrial Robot Market by Value; 2019-2023 (US$ Million)
Figure 41: China Collaborative Industrial Robot Market by Value; 2017-2018 (US$ Million)
Figure 42: China Collaborative Industrial Robot Market by Value; 2019-2023 (US$ Million)
Figure 43: China Cartesian Industrial Robot Market by Value; 2017-2018 (US$ Million)
Figure 44: China Cartesian Industrial Robot Market by Value; 2019-2023 (US$ Million)
Figure 45: China Gantry Industrial Robot Market by Value; 2017-2018 (US$ Million)
Figure 46: China Gantry Industrial Robot Market by Value; 2019-2023 (US$ Million)
Figure 47: China SCARA Industrial Robot Market by Value; 2017-2018 (US$ Million)
Figure 48: China SCARA Industrial Robot Market by Value; 2019-2023 (US$ Million)
Figure 49: China Articulated Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 50: China Articulated Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 51: Asia-Pacific (Excluding China) Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 52: Asia-Pacific (Excluding China) Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 53: Asia-Pacific Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 54: Asia-Pacific Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 55: Asia-Pacific Industrial Robot Market Volume by Region; 2018 (Percentage, %)
Figure 56: China Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 57: China Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 58: Japan Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 59: Japan Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 60: Republic of Korea Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 61: Republic of Korea Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 62: Asia-Pacific (Excluding China, Japan and Republic of Korea) Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 63: Asia-Pacific (Excluding China, Japan and Republic of Korea) Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 64: Europe Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 65: Europe Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 66: Europe Industrial Robot Market Value by Region; 2018 (Percentage, %)
Figure 67: Italy Industrial Robot Market by Value; 2017-2018 (US$ Million)
Figure 68: Italy Industrial Robot Market by Value; 2019-2023 (US$ Million)
Figure 69: Italy Industrial Robot Market Value by Application; 2018 (Percentage, %)
Figure 70: Italy Industrial Robot Market Application by Value; 2017-2023 (US$ Million)
Figure 71: Europe (Excluding Italy) Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 72: Europe (Excluding Italy) Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 73: Europe Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 74: Europe Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 75: Europe Industrial Robot Market Volume by Region; 2018 (Percentage, %)
Figure 76: Germany Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 77: Germany Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 78: Europe (Excluding Germany) Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 79: Europe (Excluding Germany) Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 80: Americas Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 81: Americas Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 82: Americas Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 83: Americas Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 84: Americas Industrial Robot Market Volume by Region; 2018 (Percentage, %)
Figure 85: North America Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 86: North America Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 87: South America Industrial Robot Market by Volume; 2015-2018 (Thousand Units)
Figure 88: South America Industrial Robot Market by Volume; 2019-2023 (Thousand Units)
Figure 89: ROW Industrial Robot Market by Value; 2017-2018 (US$ Billion)
Figure 90: ROW Industrial Robot Market by Value; 2019-2023 (US$ Billion)
Figure 91: Global Electronics Industry Growth Rate; 2016-2018 (Percentage, %)
Figure 92: Industrial Robots Average Selling Price; 2012-2018 (US$ Thousand)
Figure 93: Global Automotive Production; 2013-2017 (Million Units)
Figure 94: Global Manufacturing Labor Costs by Region; 2015 & 2019 (US$ Per Hour)
Figure 95: Global Automation Market by Value; 2016-2020 (US$ Billion)
Figure 96: Global Artificial Intelligence Market Revenue; 2016-2025 (US$ Billion)
Figure 97: Global Microelectromechanical Systems (MEMS) Market by Value; 2016-2024 (US$ Billion)
Figure 98: Global Cloud Robotics Market by Value; 2016-2023 (US$ Billion)
Figure 99: Global Collaborative Robots Market by Value; 2018-2023 (US$ Billion)
Figure 100: Global Industrial Robot Players by Market Share; 2017 (Percentage, %)
Figure 101: Fanuc Corporation Net Sales; 2014-2018 (US$ Billion)
Figure 102: Fanuc Corporation Net Sales by Region; 2018 (Percentage, %)
Figure 103: ABB Group Total Revenue; 2014-2018 (US$ Billion)
Figure 104: ABB Group Total Revenue by Segments; 2018 (Percentage, %)
Figure 105: ABB Group Total Revenue by Region; 2018 (Percentage, %)
Figure 106: KUKA Group Sales Revenue; 2014-2018 (US$ Billion)
Figure 107: KUKA Group Sales Revenue by Segments; 2018 (Percentage, %)
Figure 108: KUKA Group Sales Revenue by Region; 2018 (Percentage, %)
Figure 109: Yaskawa Electric Corporation Net Sales; 2013-2017 (US$ Billion)
Figure 110: Yaskawa Electric Corporation Net Sales by Segments; 2017 (Percentage, %)
Figure 111: Yaskawa Electric Corporation Net Sales by Region; 2017 (Percentage, %)

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