Insights on the Industrial Robots Global Market to 2028 - by Type, Application, Verticals and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Industrial Robots Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The global industrial robots market is anticipated to register growth at a CAGR of 10.35% through the projected period of 2021-2028.

Companies Mentioned

• ABB Ltd
• Aurotek Corporation
• Fanuc Corporation
• Kawasaki Heavy Industries Ltd
• Kuka AG
• Mitsubishi Electric Corporation
• Nachi Fujikoshi Corporation
• Omron Adept
• Rethink Robotics
• Rockwell Automation Inc
• Schunk GmbH
• Seiko Epson Corporation
• Staubli International AG
• Universal Robots
• Yamaha Robotics

Factors such as rising R&D investments in robots, rising adoption of industrial robots, and emerging smart factories are stimulating the growth of the studied market. Robots are widely adopted in the F&B industry as they comply with stringent hygiene regulations, meeting growing demand. Additionally, the employment of cobots in workplaces, coupled with the implementation of AI in industrial robots, creates new opportunities for the industrial robots market.

However, the high cost, lack of skilled labor, and resistance among employees are restricting the development of the industrial robots market to a large extent.

The global industrial robots market covers North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa regions.

Globally, the Asia-Pacific is likely to witness the fastest growth in the industrial robots market over the forecasted period. The region is among the strongest market for industrial robots as governments are investing heavily in robotics and AI research. As a result, AI, high investments, and tax incentives at the national level have paved the way for robot adoption across various industries. Among major industries, robots are widely adopted in the electrical and electronics industry. Several manufacturers opt for robotic automation to improve productivity and output quality, which drives the progression of the industrial robots market across the region.

Key Topics Covered:

1. Global Industrial Robots Market - Summary

2. Industry Outlook

2.1. Impact of Covid-19 on Industrial Robots Market

2.2. Key Insights

2.2.1. Growing Industrial IoT 4.0

2.2.2. Use of Robots to Reduce Carbon Footprint

2.2.3. Incorporating Human-Robot Interaction in Industrial Robots

2.3. Porter's Five Forces Analysis

2.3.1. Threat of New Entrants

2.3.2. Threat of Substitutes

2.3.3. Bargaining Power of Buyers

2.3.4. Bargaining Power of Suppliers

2.3.5. Threat of Competitive Rivalry

2.4. Market Attractiveness Index

2.5. Vendor Scorecard

2.6. Key Market Strategies

2.6.1. Contracts & Agreements

2.6.2. Product Launches

2.6.3. Investments & Expansions

2.7. Market Drivers

2.7.1. Rising R&D Investments in Robots

2.7.2. Increasing Adoption of Industrial Robots

2.7.3. Emerging Smart Factories

2.8. Market Challenges

2.8.1. Scarcity of Skilled Workforce

2.8.2. Resistance Among Employees

2.8.3. High Cost of Industrial Robots

2.9. Market Opportunities

2.9.1. Employing Cobots in Workplaces

2.9.2. Adoption of Autonomous Mobile Robots (Amrs)

2.9.3. Utilization of Ai in Industrial Robots

3. Global Industrial Robots Market Outlook - by Type

3.1. Articulated Robots

3.2. Cartesian Robots

3.3. Scara Robots

3.4. Cylindrical Robots

3.5. Other Robots

4. Global Industrial Robots Market Outlook - by Application

4.1. Material Handling

4.2. Assembling & Disassembling

4.3. Welding & Soldering

4.4. Dispensing

4.5. Processing

4.6. Other Applications

5. Global Industrial Robots Market Outlook - by Verticals

5.1. Automotive

5.2. Electronic & Electric

5.3. Machinery Products & Metal

5.4. Chemical, Plastics, & Rubber

5.5. Food & Beverage

5.6. Other Verticals

6. Global Industrial Robots Market - Regional Outlook

7. Competitive Landscape

8. Research Methodology & Scope

For more information about this report visit https://www.researchandmarkets.com/r/3gx9ny