May 1, 2019   SOURCE: BusinessWire

Global Industrial Robot Market Size, Trends and Forecast 2019-2023: Focus on Articulated, Cartesian, Cylindrical, SCARA, Parallel and Others - ResearchAndMarkets.com

The "Global Industrial Robot Market: Size, Trends and Forecast (2019-2023)" report has been added to ResearchAndMarkets.com's offering.

Global Industrial Robot Market: Size, Trends and Forecast (2019-2023) provides an in-depth analysis of the industrial robot market including detailed description of market sizing and growth.

Industrial robots have been segmented on the basis of type, end-user and function. The types of industrial robots include articulated, Cartesian, cylindrical, selective compliant assembly robot arm (SCARA), parallel and others.

On the basis of application, industrial robots have been divided into automotive, electrical/electronics, metal and machinery, plastic and chemical products, food and others. Various functions performed by industrial robots include soldering and welding, material handling, assembling and disassembling, painting and dispensing, milling, cutting, processing, etc.

The global industrial robot market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as growing electronics industry, declining industrial robot prices, high labor costs, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are large upfront investment and safety issues.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global industrial robot market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the industrial robot market are Fanuc Corporation, ABB Group, KUKA Group and Yaskawa Electric Corporation. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Company Coverage

  • Fanuc Corporation
  • ABB Group
  • KUKA Group
  • Yaskawa Electric Corporation

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Industrial Robots: An Overview

2.1.1 Evolution of Industrial Robots

2.1.2 Types of Industrial Robots

2.2 Advantages and Disadvantages of Industrial Robots

2.2.1 Advantages of Industrial Robots

2.2.2 Disadvantages of Industrial Robots

2.3 Industrial Robots Segmentation: An Overview

2.3.1 Industrial Robots Segmentation by Type

2.3.2 Industrial Robots Segmentation by Application

2.3.3 Industrial Robots Segmentation by Function

3. Global Market Analysis

3.1 Global Industrial Robot Market: An Analysis

3.1.1 Global Industrial Robot Market by Value

3.1.2 Global Industrial Robot Market Value by Region (Asia-Pacific, Europe, Americas and ROW)

3.1.3 Global Industrial Robot Market by Volume

3.1.4 Global Industrial Robot Market Volume by Application (Electrical/ Electronics, Automotive, Metal and Machinery, Plastic and Chemical Products, Food and Other Applications)

3.1.5 Global Industrial Robot Market Volume by Region (Asia-Pacific, Europe and Americas)

3.1.6 Global Industrial Robot Market Volume by Segments (Traditional Industrial Robots and Collaborative Industrial Robots)

3.2 Global Industrial Robot Market: Segment Analysis

3.2.1 Global Traditional Industrial Robot Market by Volume

3.2.2 Global Collaborative Industrial Robot Market by Volume

3.3 Global Industrial Robot Market: Application Analysis

3.3.1 Global Automotive Industrial Robot Market by Volume

3.3.2 Global Electrical/ Electronics Industrial Robot Market by Volume

3.3.3 Global Metal and Machinery Industrial Robot Market by Volume

3.3.4 Global Plastic and Chemical Products Industrial Robot Market by Volume

3.3.5 Global Food Industrial Robot Market by Volume

3.3.6 Global Other Applications Industrial Robot Market by Volume

4. Regional Market Analysis

5. Market Dynamics

5.1 Growth Drivers

5.1.1 Growing Electronics Industry

5.1.2 Declining Industrial Robot Prices

5.1.3 Growth of Automotive Industry

5.1.4 High Labor Costs

5.1.5 Rising Trend of Automation

5.1.6 Growing Role of Artificial Intelligence Technology

5.2 Challenges

5.2.1 Large Upfront Investment

5.2.2 Safety Issues

5.3 Market Trends

5.3.1 Use of Microelectromechanical Systems (MEMS)

5.3.2 Cloud Robotics

5.3.3 Rising Use of Collaborative Robots (Cobot) in Industries

6. Competitive Landscape

6.1 Global Industrial Robot Market Players: Financial Comparison

6.2 Global Industrial Robot Players by Market Share

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/10500v