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Acquire Market Research has announced a new report titled “Global Industrial Robot Market Growth 2019-2024” to their offerings

According to this study, over the next five years the Industrial Robot market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Robot business.

An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on two or more axes.

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Currently, the global industrial robots market is still dominated by players from Japan, Germany, Switzerland, Italy, Austria, United States and Korea, like FANUC, Yaskawa (Motoman), Nachi, Kawasaki Robotics, EPSON Robots, DENSO Robotics, OTC Daihen, Panasonic, Toshiba, Mitsubishi Electric, Yamaha, Star Seiki and JEL Corporation from Japan; KUKA and CLOOS from Germany; ABB and Staubli from Switzerland; Hyundai Robotics and Robostar from Korea; Omron Adept Technologies from United States and Comau from Italy. In future, the Korean players be likely to play more important roles in the next several years, for example, Hyundai Robotics has set a goal of making 500 billion won ($ 444 million) in revenue by 2021 and becoming one of the top five robotics companies in the world.

China has surpassed Japan as the largest market of industrial robots since 2013, and sold 86,415 units in 2016. Europe is the second market, and sold 56414 units in 2016, while 30457 units sold in United States, 36241 units sold in Japan, 42151 units sold in Korea, 7614 sold in Taiwan and 2445 sold in India in 2016.

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This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Robot market by product type, application, key manufacturers and key regions and countries.

This study considers the Industrial Robot value and volume generated from the sales of the following segments:

Segmentation by product type:

Articulated Robots

Parallel Robots

SCARA Robots

Cylindrical Robots

Cartesian Robots

Segmentation by application:.

Automotive

Electrical and Electronics

Chemical, Rubber and Plastic

Metal and Machinery

Food, Beverages and Pharmaceuticals

Other

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This report also splits the market by region:

Americas (United States, Canada, Mexico, Brazil)

APAC( China, Japan, Korea, Southeast Asia, India, Australia)

Europe( Germany, France, UK, Italy, Russia, Spain)

Middle East & Africa( Egypt, South Africa, Israel, Turkey, GCC Countries)

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report:

FANUC(Japan), KUKA(Germany), ABB(Switzerland), Yaskawa (Motoman)(Japan), Nachi(Japan), Kawasaki Robotics(Japan), Comau(Italy), EPSON Robots(Japan), Staubli(Switzerland), Omron Adept Technologies(US), DENSO Robotics(Japan), OTC Daihen(Japan), Panasonic(Japan), Toshiba(Japan), Mitsubishi Electric(Japan), Yamaha(Japan), Universal Robots(Denmark), Hyundai Robotics(Korea), Robostar(Korea), Star Seiki(Japan), CLOOS(Germany), IGM(Australia), JEL Corporation(Japan), Foxconn(Foxbot)(China), Siasun(China), Anhui EFORT Intelligent Equipment(China), Estun Automation(China), Guangzhou CNC Equipment(China), STEP Electric Corporation, Codian Robotics(Netherlands), Guangdong Topstar Technology(China).

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Industrial Robot consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Industrial Robot market by identifying its various subsegments.

Focuses on the key global Industrial Robot manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Industrial Robot with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Industrial Robot submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.