Product Overview

Industrial robot is an automatic robot system used for the purpose of manufacturing in various companies. These are programmable mechanical devices capable of performing repetitive and dangerous tasks eliminating the human workforce ensuring higher accuracy. Robots comprise of machine vision sub-systems that act as their visual sensors that are connected to powerful controllers, used for more precise directions. Industrial robots could be characterized into Gantry Robots, SCARA Robots, Cartesian Robots, Articulated Arm Robots, Human Assist Robots depending upon the type of application and tasks to be performed in different industries. Robotics also provides software programming, recommendations, and training along with information and resources for the companies to design systems, determine low-cost solutions, or provide retrofitting of the used systems of application.

Market Highlights

Global Industrial Robotics Market is expected to project a notable CAGR in 2030.

Global Industrial Robotics Market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of XX% throughout the forecast period, i.e. 2020-30. Global Industrial Robotics Market is expected to observe growth in the future due to its advanced technologies offering a reduction in costs, increased rate of operations, improved quality, and manufacturing efficiency to the industries. The incorporation of Artificial Intelligence such as the development of self-programming robots and deep learning is expected to accelerate the growth of the industrial robotics market.

Recent Highlights in Global Industrial Robotics Market

In October 2019, ABB (Switzerland) announced investment in Shanghai, China worth USD 150 million for setting up an advanced robotics factory to manufacture robots that would be operational by the end of 2020.

Global Industrial Robotics Market: Segments

Articulated Robots segment to grow with the highest CAGR during 2019-30

Global Industrial Robotics Market is segmented by product type into SCARA Robots, Articulated Robots, Human-Assist Robots, Cartesian Robots. The articulated Robots segment held the largest market share of XX.X% in the year 2018 and is anticipated to dominate the global market throughout the forecast period. Articulated robots hold diverse uses such as assembling and packaging, welding, painting, palletizing, etc., and are not limited to move along a corresponding coordinate axis and have a flexible movement allowing them to perform complex tasks.

Handling segment to grow with the highest CAGR during 2019-30

Global Industrial Robotics Market is segmented by application into Handling, Dispensing, Welding and Soldering, Assembling & Disassembling and Others. The material Handling segment held the largest market share of XX.X% in the year 2019 and is expected to maintain this trend throughout the forecast period.

Automotive segment to grow with the highest CAGR during 2019-30

Global Industrial Robotics market is also segmented by end-users into Food and Beverage, Automotive, Healthcare and Pharmaceuticals, Electrical & Electronics, and Others. Automotive segment held the largest market share of XX.X% in the year 2018 and is anticipated to grow with the highest CAGR throughout the forecast period. Automotive industry is the largest user of industrial robots for manufacturing and assembling components such as chassis, engines, brakes, etc. Healthcare and pharmaceutical segment is also expected to witness growth since robotics applications enable us to work in sterile environments eliminating the possibility of contamination from environment or humans at the time of component transfer.

Market Dynamics

Drivers

Automation and mounting industrialization

Government bodies and industries are implementing significant schemes for promoting advanced manufacturing technology by introducing automation which has simplified the production process and mostly eliminated the use of human labor in performing various operations, thus, leading to a fall in the costs of production. Rapid industrialization has also fostered the growth of the industrial robotics market.

Dearth of skilled workforce

Shortage of skilled workforce leads to higher labor costs which have encouraged industries to adopt industrial robotics solutions that tend to reduce their labor costs and offer high efficiency, productivity and profits. Tasks that face difficulty to be performed by human workforce favor the adoption of industrial robotics since it simplifies the operation and increases productivity.

Restraints

High Investment Costs

Higher installation and investment costs are incurred for the functioning of industrial robots in various industries which is a key restraining factor for the growth of the industrial robotics market.

Impact of Covid-19 on Industrial Robotics Market

The implementation of lockdown throughout the world has caused disruption of activities among various industries which has hampered the growth of the industrial robotics market. Automotive industry majorly makes use of industrial robots in manufacturing and assembling processes of engines, axles, chassis, etc., pandemic has slowed down the production process considerably reducing consumer demand as a result of which a fall in the investment by vehicle manufacturers is anticipated to affect the industrial robots’ market. Shortage of skilled laborers due to the spread of coronavirus has encouraged manufacturers to turn to automation which would reduce the manufacturing costs, but high installation and investment costs are incurred for the functioning of industrial robots in various end-use industries which have adversely impacted the industrial robotics market.

Global Organic Market: Key Players

YASKAWA

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

FANUC

KUKA

Mitsubishi Electric

ABB (Switzerland)

NACHI-FUJIKOSHI (Japan)

Dürr (Germany)

Omron Adept (US)

DENSO (Japan)

Other Prominent Players

Global Industrial Robotics Market: Regions

Global Industrial Robotics market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Industrial Robotics market in Asia Pacific region held the largest market share of XX.X% in the year 2018 due to rising automation majorly in manufacturing industry. Additionally, rising disposable income and population of the economy have led to an increase in consumer demand and consumption, subsequently led to a rise in the production capacity that could be enhanced with the use of robots in industrial applications.

Global INDUSTRIAL ROBOTICS market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Industrial Robotics market report also contains analysis on:

Industrial Robotics Market Segments:

By Product Type

SCARA Robots

Articulated Robots

Human-Assist Robots

Cartesian Robots

By Application

Handling

Dispensing

Welding and Soldering

Assembling & Disassembling

Others

By End-Users

Food and Beverage

Automotive

Healthcare and Pharmaceuticals

Electrical & Electronics

Others

Industrial Robotics Market Dynamics

Industrial Robotics Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Industrial Robotics Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Industrial Robotics Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Industrial Robotics Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Industrial Robotics Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Product Type: Market Share (2020-2030F)

12.2.1. SCARA Robots,By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Articulated Robots, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Human-Assist Robots, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.4. Cartesian Robots, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.5.

12.3. By Application: Market Share (2020-2030F)

12.3.1. Handling, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Dispensing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Welding and Soldering, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Assembling & Disassembling, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By End-Users: Market Share (2020-2030F)

12.4.1. Food and Beverage, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Automotive, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.3. Healthcare and Pharmaceuticals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.4. Electrical & Electronics,By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13 Company Profile

13.1. YASKAWA

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. FANUC

13.3. KUKA

13.4. Mitsubishi Electric

13.5. ABB (Switzerland)

13.6. NACHI-FUJIKOSHI (Japan)

13.7. Dürr (Germany)

13.8. Omron Adept (US)

13.9. DENSO (Japan)

13.10. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)