The global market for Industrial Robotic Arms Application is estimated at US$18.6 Billion in 2023 and is projected to reach US$38.4 Billion by 2030, growing at a CAGR of 10.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Technological advancements in industrial robotic arms have been rapid, with significant improvements in areas such as payload capacity, speed, and precision. Collaborative robots, or cobots, represent a major innovation, designed to work alongside humans safely without the need for extensive safety barriers. These robots are equipped with advanced safety features like force sensing and machine learning algorithms that enable them to recognize and react to human presence. Additionally, the integration of IoT (Internet of Things) and Industry 4.0 principles has enhanced the functionality of robotic arms, allowing for predictive maintenance and seamless communication across the production floor. This interconnectedness ensures minimal downtime and optimal performance, further cementing the role of robotic arms in modern manufacturing processes.
Technological advancements in industrial robotic arms have been rapid, with significant improvements in areas such as payload capacity, speed, and precision. Collaborative robots, or cobots, represent a major innovation, designed to work alongside humans safely without the need for extensive safety barriers. These robots are equipped with advanced safety features like force sensing and machine learning algorithms that enable them to recognize and react to human presence. Additionally, the integration of IoT (Internet of Things) and Industry 4.0 principles has enhanced the functionality of robotic arms, allowing for predictive maintenance and seamless communication across the production floor. This interconnectedness ensures minimal downtime and optimal performance, further cementing the role of robotic arms in modern manufacturing processes.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Automotive Application segment, which is expected to reach US$11.9 Billion by 2030 with a CAGR of a 10.9%. The Electrical / Electronics segment is also set to grow at 11.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.4 Billion in 2023, and China, forecasted to grow at an impressive 12.7% CAGR to reach $12.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Robotic Arms Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Robotic Arms Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Robotic Arms Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABB Ltd., DENSO Corporation, Dobot.cc, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 102 Featured):
- ABB Ltd.
- DENSO Corporation
- Dobot.cc
- Fanuc Corporation
- Flexiv Robotics Inc.
- Gridbots Technologies Private Limited
- Kawasaki Heavy Industries, Ltd.
- KUKA Robotics Corporation
- Mitsubishi Electric Corporation
- NACHI-FUJIKOSHI CORP.
- OMRON Corporation
- Epson America, Inc.
- Universal Robots A/S
- Yaskawa Europe GmbH
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICBRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- DENSO Corporation
- Dobot.cc
- Fanuc Corporation
- Flexiv Robotics Inc.
- Gridbots Technologies Private Limited
- Kawasaki Heavy Industries, Ltd.
- KUKA Robotics Corporation
- Mitsubishi Electric Corporation
- NACHI-FUJIKOSHI CORP.
- OMRON Corporation
- Epson America, Inc.
- Universal Robots A/S
- Yaskawa Europe GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 389 |
Published | August 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 18.6 Billion |
Forecasted Market Value ( USD | $ 38.4 Billion |
Compound Annual Growth Rate | 10.9% |
Regions Covered | Global |