The global industrial robotics market size was valued at $37.8 billion in 2020, and is expected to reach $116.8 billion by 2030, with a CAGR of 11.7% from 2021 to 2030. In 2020, Asia-Pacific dominated the global market, in terms of revenue, accounting for around 58.5% share of the global market.
The key factor accelerating the market for industrial robotics is a sudden spur in global industrial output. To emerge from a cyclical slump, the industrial robotics business requires some level of innovation, similar to the automobile or heavy engineering markets. . In addition, shift in political scenarios, such as in India, is expected to see an end to policy paralysis and a boost to industrial productivity, leading to a significant turnaround in the automobile industry as rise in automation in automobile industry will led to installation of industrial robots.
Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/214
Increase in demand for automation along with reduction of duties on refurbished goods in Asia-Pacific fuels the market growth. In addition, cylindrical robots and other types of robots, such as customized and refurbished robots, are expected to grow at a significant pace in the future, due to the increase in demand in industrial sectors in Asia-Pacific.
Top Players:
The major players profiled in the industrial robotics market include ABB, DAIHEN Corporation, Denso Corporation, Epson America, Inc., Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kobe Steel, Ltd., Kuka AG, Mitsubishi Electric Corporation, and Yaskawa Electric Corporation.
Speak to Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/214
Key Findings Of The Study
- The report provides an extensive analysis of the current and emerging global industrial robotics market Analysis and dynamics.
- On the basis of type, the articulated segment was the largest revenue generator in 2020.
- By industry, the electrical & electronics segment generated the highest revenue in 2020.
- On the basis of function, the materials handling segment dominated the market in 2020.
- Region wise, Asia-Pacific is anticipated to dominate the market throughout the forecast period.
- The report provides an extensive analysis of the global industrial robotics market trends and emerging opportunities of the market.
- The global industrial robotics market forecast analysis from 2021 to 2030 is included in the report.
KEY QUESTIONS ANSWERED IN THE REPORT:
Q1. At what CAGR will the Industrial robotics Market is expected to expand in between 2021 – 2030?
Q2. What will be the revenue of Global industry by the end of 2030?
Q3. How can I get sample report for Industrial robotics Market?
Q4. Which factors drive the growth of the global industry?
Q5. Who are the leading players in Industrial robotics Market?
Q6. How can I get company profiles of top ten players of Global Market?
Q7. What are the segments of Industrial robotics Market?
Q8. What are the major growth strategies of Industrial robotics Market Players?
Q9. By product, which segment is projected to manifest the highest CAGR during 2021 – 2030?
Q10. By Region, which segment dominated in 2020 and would maintain the lead over the forecast period?
Make Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/214
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-6224346060
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com