REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
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USD 110.24 Billion by 2030 | 10% | North America |
by Type | by End Use |
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SCOPE OF THE REPORT
Industrial and Service Robot Market Overview
The global Industrial and Service Robot market is anticipated to grow from USD 56.57 Billion in 2023 to USD 110.24 Billion by 2030, at a CAGR of 10% during the forecast period.
The development, manufacture, and application of robotic systems specifically designed for use in industrial and service-oriented environments characterize the wide and dynamic industrial and service robot market. Industrial robots are made to handle a wide range of jobs in manufacturing settings, from material handling and quality control to welding and assembly. These robots work in tandem with human workers to improve productivity, accuracy, and efficiency in industrial processes. They are outfitted with cutting-edge sensors and precise controls.
Service robots, on the other hand, are made expressly to work in environments other than traditional manufacturing ones, performing a range of tasks in sectors like logistics, hospitality, healthcare, and agriculture. Autonomous cars, drone deliveries, medical robots, and customer service robots are a few examples of service robots. Their main goals are to increase overall customer satisfaction, increase operational efficiency, and automate tasks. To navigate and interact intelligently in complex and dynamic environments, service robots frequently integrate machine learning, artificial intelligence, and advanced sensors. Recent years have seen a notable increase in the market for industrial and service robots due to technological advancements, lower production costs, and a growing need for automation across a range of industries. A diverse array of players, comprising well-established robotics firms, emerging start-ups, and technology conglomerates, are present in the market and are actively involved in the advancement and growth of robotic applications across industrial and service domains.
ATTRIBUTE | DETAILS |
Study period | 2020-2030 |
Base year | 2022 |
Estimated year | 2023 |
Forecasted year | 2023-2030 |
Historical period | 2019-2021 |
Unit | Value (USD Billion) Volume (Thousand Units) |
Segmentation | By Type, End Use Industry and Region |
By Type |
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By End Use Industry |
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 By Region  |
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Industrial and Service Robot Market Segmentation Analysis
The global Industrial and Service Robot market is divided into three type, end user industry and region. By type it is divided as Articulated Robots, SCARA Robots, Parallel Robots, Cylindrical Robots, Collaborative Robots (Cobots). Articulated Robots holds largest market share. SCARA robots, or Selective Compliance Assembly Robot Arms, are designed for applications requiring fast and precise horizontal movements. They are commonly employed in tasks like pick-and-place operations and assembly in industries such as electronics and automotive manufacturing. Their specialized structure enables efficient operation in confined spaces. Parallel robots, characterized by their parallel linkage mechanisms, excel in applications requiring high-speed and precise movements.
These robots are commonly utilized in industries such as packaging, pharmaceuticals, and semiconductor manufacturing, where rapid and accurate handling of materials is essential. Cylindrical robots, as the name suggests, have a cylindrical work envelope and are often used in tasks like material handling, machine loading, and assembly. Their design is particularly well-suited for applications that involve linear movements along a cylindrical axis. Cobots, or collaborative robots, are a relatively new and quickly expanding market category. Because they are made to work alongside people, these robots promote teamwork. Cobots are appropriate for jobs that need for close collaboration with human workers because they have sensors, safety features, and adaptive programming. Collaborative robots offer great versatility and safety features that are beneficial to various industries, including small-scale manufacturing, logistics, and healthcare.
By End User Industry it is divided into Automotive, Electrical & Electronics, Metals & Machinery, (Plastics, Rubbers, & Chemicals), Others. In this Automotive holds the largest market share. Industrial robots are used extensively in the automotive industry for a variety of tasks, including assembly, welding, painting, and quality control. Robots help the automotive manufacturing industry operate more precisely, cost-effectively, and efficiently. Robots are used in the electrical and electronics industry to perform tasks like soldering, circuit board assembly, testing, and packaging. The precision and delicacy involved in the production of electronics make industrial robots an ideal automation solution. Producing heavy machinery, equipment, and metal components is a part of the metals and machinery sector. Industrial robots are essential to the safety and efficiency of this sector of the economy because they perform critical tasks like welding, cutting, and material handling. This section covers industries that produce chemicals, rubbers, and plastics.
The category “Others” includes a variety of industries that use industrial robots in particular ways. This could apply to industries like pharmaceuticals, food and beverage, logistics, and more. In these sectors, industrial robots help with material handling, palletizing, packaging, and inspection. The end-user industry segmentation enables a focused approach to the development and application of industrial and service robots, guaranteeing that robotic solutions are customized to the unique requirements and difficulties of each industry.
Industrial and Service Robot Market Dynamics
Driver
Robots are being used to fill the gap, especially in repetitive or dangerous tasks where human workers may be scarce or at risk.
Robots are excellent at accurately and reliably completing repetitive tasks. Robots can perform repetitive and routine tasks like welding, painting, and assembly on production and assembly lines without growing weary or performing worse. This increases productivity while freeing up human laborers to concentrate on more intricate and imaginative aspects of their work. Robots are used in situations where human safety is at risk. Robotic systems that can function in environments where exposure to extreme temperatures, toxic substances, or physical dangers is a concern are beneficial for industries like mining, construction, and hazardous material handling. Businesses can lower the risk of workplace accidents and injuries by deploying robots.
Robots can fill in for human workers when there is a shortage of available or skilled workers for specific roles. This is especially important for sectors of the economy where there may not be as many workers with the requisite skills due to demographic issues like an aging workforce. Robots are used in scenarios that pose a risk to human first responders, like handling hazardous materials during emergencies or conducting search and rescue operations in areas affected by disasters. Sensor-equipped ground robots and unmanned aerial vehicles (UAVs) can navigate through difficult environments to collect data or carry out tasks.
 Restraint
The upfront costs associated with purchasing and implementing industrial and service robots can be substantial.
The initial investment in industrial and service robots may comprise the cost of the robots themselves, along with any additional equipment, sensors, and accessories that may be required. Businesses may find this capital expenditure prohibitive, especially smaller ones with tighter budgets. The costs of integrating these systems into current workflows and infrastructure go beyond the cost of the robots. This could entail installing safety precautions, modifying the facilities, and integrating the system with other hardware or software. Further funding is needed to train the workforce to program, operate, and maintain the robots. Expert technicians or operators must receive training in the particular programming languages and technologies related to the robots. There can be downtime while systems are reconfigured and implemented.
Because they are unsure of the return on investment (ROI), some companies might be reluctant to invest in robotic technology. How soon the initial investment will be recovered through improved productivity, lower labor costs, and other benefits can be difficult to forecast. Large-scale robotics projects can be difficult to finance, particularly for small and medium-sized businesses. Because innovative technologies have a limited track record and traditional lenders may be wary of funding them, businesses may turn to alternative funding sources. The total cost of ownership for a robot includes all upkeep, software updates, and possible replacement or upgrades, even though the initial costs are a major factor. When assessing whether implementing robotic technologies is economically feasible, businesses must account for these long-term expenses.
Opportunities
Opportunities exist for robots that can handle tasks such as welding, painting, assembly, and material handling in industries like automotive, electronics, and aerospace.
In the automotive industry, robotic welding is commonly utilized for the assembly of vehicle bodies. Robots can guarantee accurate and reliable welds, raising production efficiency and enhancing vehicle quality overall. Robotic welding machines are utilized in the production of aircraft parts, offering precise welding of intricate and lightweight materials. In the automotive industry, robotic painting systems are frequently employed to apply coatings consistently and precisely. This minimizes flaws and guarantees a high-quality finish. In the electronics industry, painting and coating robots are used for products like consumer electronics, where a consistent and regulated coating is crucial. In the automotive industry, assembly robots play a crucial role in carrying out operations like component installation, part fastening, and complex system assembly.
Robots for material handling are essential in manufacturing facilities for moving heavy components. They can transfer materials between workstations, increasing productivity and lowering the possibility of accidents. In the electronics industry, robots are used for material handling to move and transport fragile components during the manufacturing process. In the aerospace industry, material handling robots are used to lift and move heavy components, increasing productivity and worker safety. Cobots are being used for jobs that call for human and robot cooperation in a variety of industries, such as aerospace, electronics, and automotive. Cobots can help with handling, assembly, and other jobs in a safe and cooperative way.
Industrial and Service Robot Market Trends
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There is a growing trend of incorporating technology, such as smart connectivity, interactive displays, and app compatibility, into Industrial and Service Robot. An increase in the demand for connected fitness programs that provide online learning, interactive training, and real-time data tracking.
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Collaborative robots—robots that can operate alongside humans in a variety of industries—have become increasingly important. For tasks like assembly, pick-and-place, and quality control, these robots can work more closely with human workers thanks to their safe, adaptable, and simple to program designs.
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More and more sophisticated sensing technologies, such as cameras and other vision systems, are being installed in industrial robots. This improves their ability to perceive and adjust to their surroundings, which helps them perform tasks that call for accuracy and flexibility.
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Healthcare and Service Robots: The application of service robots in healthcare has been growing. Tasks like medication delivery, surgical assistance, and patient care are being performed by robots.
- Industrial and service robots are increasingly incorporating artificial intelligence (AI) and machine learning algorithms. This integration allows robots to learn from their experiences, adapt to changing environments, and improve their performance over time.
Competitive Landscape
The competitive landscape of the Industrial and Service Robot market was dynamic, with several prominent companies competing to provide innovative and advanced Industrial and Service Robot solutions.
- Fanuc Corporation
- ABB Ltd.
- Yaskawa Electric Corporation
- KUKA AG
- Kawasaki Heavy Industries, Ltd.
- Universal Robots
- Denso Corporation
- Mitsubishi Electric Corporation
- Epson Robots
- Nachi-Fujikoshi Corp.
- Fisnar Inc.
- Stäubli International AG
- Omron Corporation
- Rethink Robotics (Acquired by HAHN Group)
- Hanwha Corporation
- Adept Technology, Inc. (Acquired by OMRON Corporation)
- Comau S.p.A. (Subsidiary of Stellantis)
- Blue Ocean Robotics
- Techman Robot Inc.
- Balyo SA
Recent Developments:
January 29, 2024: ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of the Norwegian Cruise Line (NCL) fleet. Targeting increased safety and efficiency, the agreement covers 14 existing ships and a further four vessels due for delivery from 2025 to 2028.
November 16, 2023: For those living in the Northern Hemisphere, the cooler autumn days have brought some long-awaited relief from the hottest summer on record. Between June and August, extreme heatwaves triggered a domino effect of subsequent climate change-related natural disasters including floods, hurricanes, and wildfires, confirming that urgent steps must be taken now to mitigate further warming and realize net zero.
Regional Analysis
North America accounted for the largest market in the Industrial and Service Robot market. North America accounted for 38% of the worldwide market value. North America has been a major player in the global market for industrial and service robots, growing steadily as a result of increasing automation in a variety of industries and technological advancements. One of the main trends in the industrial robotics field has been the use of robots in manufacturing processes. Robots have been widely integrated into various industries, including automotive, electronics, and aerospace, with the aim of improving efficiency, precision, and overall production output. Conversely, service robots are being used in a variety of industries, such as logistics, hospitality, and healthcare. The healthcare sector in North America has seen a rise in the use of service robots for patient care, surgical support, and hospital administration.
The market for industrial robots has been significantly impacted by the automotive industry, as North American automakers use robots for everything from assembly to quality control. The adoption of robotic solutions has been fueled by the ongoing need for advanced manufacturing technologies in order to remain competitive in the global market. Furthermore, businesses in North America are using collaborative robots, or cobots, to work alongside humans in a variety of manufacturing processes to increase flexibility and safety. The market dynamics have been influenced by certain challenges, though, like the high initial investment costs and the requirement for skilled personnel to operate and maintain these robots.
Target Audience for Industrial and Service Robot Market
- Manufacturing companies
- Automotive industry
- Aerospace industry
- Healthcare institutions
- Warehousing and logistics companies
- Construction companies
- Agriculture sector
- Oil and gas industry
- Mining companies
- Pharmaceuticals
- Food and beverage industry
- Electronics manufacturing
- Defense and military
Import & Export Data for Industrial and Service Robot Market
Exactitude consultancy provides import and export data for the recent years. It also offers insights on production and consumption volume of the product. Understanding the import and export data is pivotal for any player in the Industrial and Service Robot market. This knowledge equips businesses with strategic advantages, such as:
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Identifying emerging markets with untapped potential.
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Adapting supply chain strategies to optimize cost-efficiency and market responsiveness.
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Navigating competition by assessing major players’ trade dynamics.
Key insights
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Trade volume trends: our report dissects import and export data spanning the last five years to reveal crucial trends and growth patterns within the global Industrial and Service Robot market. This data-driven exploration empowers readers with a deep understanding of the market’s trajectory.
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Market players: gain insights into the leading players driving the Industrial and Service Robot trade. From established giants to emerging contenders, our analysis highlights the key contributors to the import and export landscape.
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Geographical dynamics: delve into the geographical distribution of trade activities. Uncover which regions dominate exports and which ones hold the reins on imports, painting a comprehensive picture of the industry’s global footprint.
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Product breakdown: by segmenting data based on Industrial and Service Robot types –– we provide a granular view of trade preferences and shifts, enabling businesses to align strategies with the evolving technological landscape.
Import and export data is crucial in reports as it offers insights into global market trends, identifies emerging opportunities, and informs supply chain management. By analyzing trade flows, businesses can make informed decisions, manage risks, and tailor strategies to changing demand. This data aids government in policy formulation and trade negotiations, while investors use it to assess market potential. Moreover, import and export data contributes to economic indicators, influences product innovation, and promotes transparency in international trade, making it an essential component for comprehensive and informed analyses.
Segments Covered in the Industrial and Service Robot Market Report
Industrial and Service Robot Market by Type, 2020-2030, (USD Billion) (Thousand Units)
- Articulated Robots
- SCARA Robots
- Parallel Robots
- Cylindrical Robots
- Collaborative Robots (Cobots)
Industrial and Service Robot Market by End Use Industry, 2020-2030, (USD Billion) (Thousand Units)
- Automotive
- Electrical & Electronics
- Metals & Machinery
- Plastics, Rubbers, & Chemicals
- Others
Industrial and Service Robot Market by Region, 2020-2030, (USD Billion) (Thousand Units)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Key Question Answered
- What is the expected growth rate of the Industrial and Service Robot market over the next 7 years?
- Who are the major players in the Industrial and Service Robot market and what is their market share?
- What are the end-user industries driving market demand and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, the middle east, and Africa?
- How is the economic environment affecting the Industrial and Service Robot market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the Industrial and Service Robot market?
- What is the current and forecasted size and growth rate of the global Industrial and Service Robot market?
- What are the key drivers of growth in the Industrial and Service Robot market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the Industrial and Service Robot market?
- What are the technological advancements and innovations in the Industrial and Service Robot market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the Industrial and Service Robot market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the Industrial and Service Robot market?
- What are the product offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON INDUSTRIAL AND SERVICE ROBOT MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET OUTLOOK
- GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE, 2020-2030, (USD BILLION) (THOUSAND UNITS)
- ARTICULATED ROBOTS
- SCARA ROBOTS
- PARALLEL ROBOTS
- CYLINDRICAL ROBOTS
- COLLABORATIVE ROBOTS (COBOTS)
- GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY, 2020-2030, (USD BILLION) (THOUSAND UNITS)
- AUTOMOTIVE
- ELECTRICAL & ELECTRONICS
- METALS & MACHINERY
- PLASTICS, RUBBERS, & CHEMICALS
- OTHERS
- GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY REGION, 2020-2030, (USD BILLION) (THOUSAND UNITS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCT OFFERED, RECENT DEVELOPMENTS)
- FANUC CORPORATION
- ABB LTD.
- YASKAWA ELECTRIC CORPORATION
- KUKA AG
- KAWASAKI HEAVY INDUSTRIES, LTD.
- UNIVERSAL ROBOTS
- DENSO CORPORATION
- MITSUBISHI ELECTRIC CORPORATION
- EPSON ROBOTS
- NACHI-FUJIKOSHI CORP.
- FISNAR INC.
- STÄUBLI INTERNATIONAL AG
- OMRON CORPORATION
- RETHINK ROBOTICS (ACQUIRED BY HAHN GROUP)
- HANWHA CORPORATION
- ADEPT TECHNOLOGY, INC. (ACQUIRED BY OMRON CORPORATION)
- COMAU S.P.A. (SUBSIDIARY OF STELLANTIS)
- BLUE OCEAN ROBOTICS
- TECHMAN ROBOT INC.
- BALYO SAÂ Â Â Â Â Â *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 2Â Â Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 3Â Â Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 4Â Â Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 5Â Â Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY REGION (USD BILLION) 2020-2030
TABLE 6Â Â Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY REGION (THOUSAND UNITS) 2020-2030
TABLE 7Â Â Â Â Â NORTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 8Â Â Â Â Â NORTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (THOUSAND UNITS) 2020-2030
TABLE 9Â Â Â Â Â NORTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 10Â Â Â NORTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 11Â Â Â NORTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 12Â Â Â NORTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 13Â Â Â US INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 14Â Â Â US INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 15Â Â Â US INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 16Â Â Â US INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 17Â Â Â CANADA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 18Â Â Â CANADA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 19Â Â Â CANADA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 20Â Â Â CANADA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 21Â Â Â MEXICO INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 22Â Â Â MEXICO INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 23Â Â Â MEXICO INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 24Â Â Â MEXICO INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 25Â Â Â SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 26Â Â Â SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (THOUSAND UNITS) 2020-2030
TABLE 27Â Â Â SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 28Â Â Â SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 29Â Â Â SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 30Â Â Â SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 31Â Â Â BRAZIL INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 32Â Â Â BRAZIL INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 33Â Â Â BRAZIL INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 34Â Â Â BRAZIL INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 35Â Â Â ARGENTINA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 36Â Â Â ARGENTINA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 37Â Â Â ARGENTINA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 38Â Â Â ARGENTINA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 39Â Â Â COLOMBIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 40Â Â Â COLOMBIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 41Â Â Â COLOMBIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 42Â Â Â COLOMBIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 43Â Â Â REST OF SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 44Â Â Â REST OF SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 45Â Â Â REST OF SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 46Â Â Â REST OF SOUTH AMERICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 47Â Â Â ASIA-PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 48Â Â Â ASIA-PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (THOUSAND UNITS) 2020-2030
TABLE 49Â Â Â ASIA-PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 50Â Â Â ASIA-PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 51Â Â Â ASIA-PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 52Â Â Â ASIA-PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 53Â Â Â INDIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 54Â Â Â INDIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 55Â Â Â INDIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 56Â Â Â INDIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 57Â Â Â CHINA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 58Â Â Â CHINA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 59Â Â Â CHINA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 60Â Â Â CHINA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 61Â Â Â JAPAN INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 62Â Â Â JAPAN INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 63Â Â Â JAPAN INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 64Â Â Â JAPAN INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 65Â Â Â SOUTH KOREA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 66Â Â Â SOUTH KOREA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 67Â Â Â SOUTH KOREA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 68Â Â Â SOUTH KOREA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 69Â Â Â AUSTRALIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 70Â Â Â AUSTRALIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 71Â Â Â AUSTRALIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 72Â Â Â AUSTRALIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 73Â Â Â SOUTH-EAST ASIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 74Â Â Â SOUTH-EAST ASIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 75Â Â Â SOUTH-EAST ASIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 76Â Â Â SOUTH-EAST ASIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 77Â Â Â REST OF ASIA PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 78Â Â Â REST OF ASIA PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 79Â Â Â REST OF ASIA PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 80Â Â Â REST OF ASIA PACIFIC INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 81Â Â Â EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 82Â Â Â EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (THOUSAND UNITS) 2020-2030
TABLE 83Â Â Â EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 84Â Â Â EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 85Â Â Â EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 86Â Â Â EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 87Â Â Â GERMANY INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 88Â Â Â GERMANY INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 89Â Â Â GERMANY INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 90Â Â Â GERMANY INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 91Â Â Â UK INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 92Â Â Â UK INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 93Â Â Â UK INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 94Â Â Â UK INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 95Â Â Â FRANCE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 96Â Â Â FRANCE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 97Â Â Â FRANCE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 98Â Â Â FRANCE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 99Â Â Â ITALY INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 100Â ITALY INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 101Â ITALY INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 102Â ITALY INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 103Â SPAIN INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 104Â SPAIN INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 105Â SPAIN INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 106Â SPAIN INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 107Â RUSSIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 108Â RUSSIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 109Â RUSSIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 110Â RUSSIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 111Â REST OF EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 112Â REST OF EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 113Â REST OF EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 114Â REST OF EUROPE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 115Â MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 116Â MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY COUNTRY (THOUSAND UNITS) 2020-2030
TABLE 117Â MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 118Â MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 119Â MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 120Â MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 121Â UAE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 122Â UAE INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 123Â UAE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 124Â UAE INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 125Â SAUDI ARABIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 126Â SAUDI ARABIA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 127Â SAUDI ARABIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 128Â SAUDI ARABIA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 129Â SOUTH AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 130Â SOUTH AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 131Â SOUTH AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 132Â SOUTH AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
TABLE 133Â REST OF MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 134Â REST OF MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (THOUSAND UNITS) 2020-2030
TABLE 135Â REST OF MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
TABLE 136Â REST OF MIDDLE EAST AND AFRICA INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (THOUSAND UNITS) 2020-2030
LIST OF FIGURES
FIGURE 1Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2020-2030
FIGURE 9Â Â Â GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2020-2030
FIGURE 11 GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY REGION (USD BILLION) 2020-2030
FIGURE 12 PORTER’S FIVE FORCES MODEL
FIGURE 13 GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY TYPE (USD BILLION) 2022
FIGURE 14 GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY END USE INDUSTRY (USD BILLION) 2022
FIGURE 16 GLOBAL INDUSTRIAL AND SERVICE ROBOT MARKET BY REGION (USD BILLION) 2022
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 FANUC CORPORATION: COMPANY SNAPSHOT
FIGURE 19 ABB LTD.: COMPANY SNAPSHOT
FIGURE 20 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
FIGURE 21 KUKA AG: COMPANY SNAPSHOT
FIGURE 22 KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
FIGURE 23 UNIVERSAL ROBOTS: COMPANY SNAPSHOT
FIGURE 24 DENSO CORPORATION: COMPANY SNAPSHOT
FIGURE 25 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
FIGURE 26 EPSON ROBOTS: COMPANY SNAPSHOT
FIGURE 27 NACHI-FUJIKOSHI CORP.: COMPANY SNAPSHOT
FIGURE 28 FISNAR INC.: COMPANY SNAPSHOT
FIGURE 29 STÄUBLI INTERNATIONAL AG: COMPANY SNAPSHOT
FIGURE 30 OMRON CORPORATION: COMPANY SNAPSHOT
FIGURE 31 RETHINK ROBOTICS (ACQUIRED BY HAHN GROUP): COMPANY SNAPSHOT
FIGURE 32 HANWHA CORPORATION: COMPANY SNAPSHOT
FIGURE 33 ADEPT TECHNOLOGY, INC. (ACQUIRED BY OMRON CORPORATION): COMPANY SNAPSHOT
FIGURE 34 COMAU S.P.A. (SUBSIDIARY OF STELLANTIS): COMPANY SNAPSHOT
FIGURE 35 BLUE OCEAN ROBOTICS: COMPANY SNAPSHOT
FIGURE 36 TECHMAN ROBOT INC.: COMPANY SNAPSHOT
FIGURE 37 BALYO SA: COMPANY SNAPSHOT
FAQ
The global Industrial and Service Robot market is anticipated to grow from USD 56.57 Billion in 2023 to USD 110.24 Billion by 2030, at a CAGR of 10 % during the forecast period.
North America accounted for the largest market in the Industrial and Service Robot market. North America accounted for 38 % market share of the global market value.
Fanuc Corporation, ABB Ltd., Yaskawa Electric Corporation, KUKA AG, Kawasaki Heavy Industries, Ltd., Universal Robots, Denso Corporation, Mitsubishi Electric Corporation, Epson Robots, Nachi-Fujikoshi Corp., Fisnar Inc., Stäubli International AG, Omron Corporation
There is a growing trend of incorporating technology, such as smart connectivity, interactive displays, and app compatibility, into Industrial and Service Robot. An increase in the demand for connected fitness programs that provide online learning, interactive training, and real-time data tracking. Collaborative robots—robots that can operate alongside humans in a variety of industries—have become increasingly important. For tasks like assembly, pick-and-place, and quality control, these robots can work more closely with human workers thanks to their safe, adaptable, and simple to program designs.
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