Industrial Robotics Market Overview Growth and Dynamics Forecast To 2020

Industrial Robotics Market Overview | Growth and Dynamics |
Forecast To 2020
“Global Industrial Robotics Market report includes in-depth analysis of
industry by recent technologies, trends, opportunities, challenges, key players
and business strategies considering types, segment and future outlook.”
The global industrial robotics Industry was estimated at USD 31.45 billion in 2016 and is
expected to reach USD 41.23 billion by 2020. Growing concerns to reduce operational costs by
many manufacturing companies is expected to drive the global market growth. Industrial robots
are designed to control and automate processes including testing, assembly, packaging,
welding, product inspection and painting. Human errors can be minimized, thereby increasing
the process efficiency and reliability of the machinery. The growth of the market can be majorly
attributed to the adoption of automation through robotics that ensures quality production while
meeting market demand as well as the growing demand from small- and medium-scale
enterprises in developing countries.
Rising labor costs in many mature economies including U.S. and UK is estimated to drive the
global robotics market. Many heavy machinery manufacturers are expected to replace
workforce with automation to reduce hiring costs and increase overall production. Automation
involves the installation of advanced technologies and sensors, such as cloud communications
and wireless, to monitor and control the entire facility throughout the day. The prerequisite to
comply with governmental regulations and to reduce costs has encouraged the use of industrial
robots in heavy industries market.
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For example, the average labor costs in China have been rising by nearly 10% yearly. The use of
robots in industries has helped to reduced workers idle time by 80% and save more than 50% of
the production cost, leading to significant cost savings. The use of industrial robots for tasks
such as welding and sheet handling in heavy industries has also proved the efficiency of the
robotic systems in terms reduction in cycle time and raw material wastage. Implementation of
robotic in heavy industry sector is expected to increase the operational flexibility of end users
for addressing various product requirements. Robots are used to handle repetitive tasks and are
also ideal for multitasking. They are usually deployed in accident prone areas in different
production lines
Based on the application type, the global market has been segmented into industrial welding
robots, material handling and assembly line robots. Material handling is expected to account for
largest market share owing to increasing demand for efficient handling if heavy machinery
under severe working conditions. These robots can handle heavy payloads and also are very
useful in huge machine components which cannot be lifted manually. Welding robots can be
attributed as the fastest growing segment and is widely used in automotive industry for arc
welding.
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On the basis of end user, the industrial robotics market can be segmented into construction
machinery, metalworking machinery and other heavy machinery. The metalworking machinery
is estimated to have the largest market. This segment involves conventional machine tools and
computer numerical control machine manufacturing and is expected to collaborate with robotmachine
for efficient and smooth functioning of machinery. Construction machinery is
anticipated to have high growth rate over the forecast period owing to industrialization and
globalization.
The other heavy machinery segment includes textile machinery, engineering machinery, F&B
machinery, machinery for consumer durables and paper machinery. High costs, Lack of skilled
labor and high necessity to improve production processes have led industries to opt for robots
as a solution to their production problems.
There are various types of industrial robots, including Cartesian robots, articulated robots,
cylindrical robots and SCARA robots. All The above robots are used in the heavy machinery

industry for different processes, including soldering and welding, , assembling and
disassembling, handling of materials and processing dispensing, painting, milling, cutting, and
other processes. Rapid evolution of technology has also lead in invention of advanced robots
such as collaborative robots. These robots are expected to be much safer to handle and can
work along with humans, especially during assembly processes.
Global economic growth, rapid industrial development, and urbanization have led to the
development of infrastructure projects and commercial establishments worldwide, particularly
in Asia Pacific and the Middle East. The U.S. is expected to see highest growth rate over the
forecast period. This rapid growth can be attributed to emissions that are expected to fuel the
market growth, and the legislations regarding energy efficiency especially in the U.S., as robots
are energy efficient and reduce the overall energy consumption and energy costs.
Key industry participants in the global market are Fanuc, ABB, Yaskawa and Kuka. Other
Prominent Vendors include, Apex Automation and Robotics, Adept Technology, Denso Robotics,
Kawasaki Robotics, Epson Robotics, Mitsubishi Electric, Rethink Robotics, TM Robotics, Nachi
Robotic Systems and Universal Robots.
The manufacturing robotics market in the heavy industry is expected that robotics vendors
usually take long lead-times to fulfill small-sized orders, and this deters companies from
investing in robotics. Small-sized orders arise from customers that have limited cash flows, and
this is a challenge for the market.
Market Segment:
Industrial Robotics Application Outlook (Revenue, USD Million, 2012 - 2020)
• Automotive
• Electrical/Electronics
• Metal/Heavy Machinery
• Chemical, Rubber, & Plastics
• Food
• Others
Industrial Robotics Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• U.S.
• Canada

• Mexico
• Europe
• Germany
• Italy
• Spain
• U.K.
• France
• Asia Pacific
• China
• Japan
• Korea
• Taiwan
• Rest of World
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