Enjoy complimentary customisation on priority with our Enterprise License!
The Asia Pacific Industrial Robotics Market size is estimated to grow by USD 26.38 billion at a CAGR of 16.83% between 2023 and 2028. The industrial robot market is experiencing a significant surge in demand due to the increasing adoption of Industry 4.0 technologies in various industries. Industry 4.0, also known as the Fourth Industrial Revolution, refers to the integration of advanced technologies such as artificial intelligence, robotics, and the Internet of Things into manufacturing processes. This trend is driving the need for industrial robots to automate repetitive tasks, improve productivity, and enhance manufacturing flexibility. Moreover, companies are responding to this demand by investing in research and development to improve service delivery, offering customized solutions, and providing robust after-sales support to meet the evolving needs of their customers. These initiatives are further fueling the growth of the industrial robot market.
To learn more about this report, Request Free Sample
The market is thriving with advancements like AI-enabled robots and versatile robot arms including SCARA robots. It intersects with the semiconductor and electronic devices sectors, crucial for the metal and machinery industry where packaging and labeling demand precision. Mechanical machines are becoming reprogrammable, enhancing automation applications and ensuring delivery of high-quality products. Robotic manipulators equipped with sophisticated controllers and robot sensors enable intricate tasks, supported by microphones and cameras for enhanced perception and interaction. This dynamic market reflects a shift towards efficiency and innovation in industrial processes, leveraging technology to streamline operations and meet evolving consumer demands for precision and reliability. Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
In APAC, the market has experienced strong demand for various industrial applications with technological advancements and investments in R&D in robotics. By incorporating industrial robots to attain production and operational efficiency, they allow for minimal margins of error and also guarantee greater employee safety. Industrial robots are being deployed to improve several applications such as welding and soldering, painting, assembly and disassembly, cutting, and milling, among others. The automotive sector is the biggest segment in terms of revenue contribution to the market in the end user. There is an increased demand for application-specific robots from end-users.
However, many companies are expanding customized robots to fulfil the demand of the market and gain a competitive edge over peers. It is expected to positively impact manufacturers that can launch services to cater to customized requirements and gain a competitive advantage over other competitors as the demand for application-specific industrial robots increases thus generating new opportunities for the market size. These factors will propel the market.
The integration of IoT robotics is one of the major market trends. The Internet of Things (IoT) is an interconnection to several devices which can be mechanical or digital devices and objects. It also allows data to be transmitted from one end to another without human intervention. With the advent of Industry 4.0, IoT is commercialized in several areas thereby initiating an industrial revolution. To achieve the organisation's desired goals and key performance indicators (KPIs), IoT assimilates smart machines, warehouses, industrial robots (including articulated robots), and other systems.
Moreover, many sensors placed in conjunction with articulated robots deliver real-time information on machine performance and maintenance requirements which can have a positive impact on the market. Consequently, the adoption of the IoT in manufacturers shifts them into connected and synchronized units. These factors are anticipated to fuel the growth of the market during the forecast period.
There are various applications associated with the introduction of industrial robots. Nevertheless, the issues pertaining to the need for a professional and skilled workforce impede the market growth. Robotic technology is a cutting-edge method of carrying out industrial operations accurately and this technology requires collaboration with skilled industrial workers who can understand the data exchange between robots and the assembly line. Moreover, finding a professionally trained or skilled workforce and experienced engineers to control robots in industrial facilities is very challenging.
Moreover, the growing ageing population has led to a deficit of skilled workers. in APAC, the non-availability of adequate skilled manufacturing expertise and the hesitation of youth to enter the manufacturing sector have led to a substantial upsurge in labour costs which can have a negative on the market expansion. Thus, the lack of skilled robotic technicians is expected to limit the adoption of industrial robots, and this will hamper market growth during the forecast period.
The market share growth by the material handling segment will be significant during the forecast period. In APAC, material handling has a substantial application in the rapidly growing market. For effective automation solutions, the region's booming manufacturing and e-commerce sectors drive the demand market growth. For operations such as picking, packing, and palletizing, Industrial robots are generally used such as autonomous mobile robots (AMRs) and robotic arms in warehouses and factories.
Get a Customised Report as per your requirements for FREE!
The material handling segment was the largest segment and was valued at USD 6.89 billion in 2018. For instance, order fulfilment robots are used by e-commerce behemoths such as Alibaba and JD.com. Also, car manufacturers use robotics for assembly line operations. The market is characterized by a spike in investments, technological breakthroughs, and company alliances to address the increasing demand for material handling automation. Due to such factors, the advanced material handling applications will fuel the growth of the market during the forecast period.
Based on end-user, the market has been segmented into automotive, electrical and electronics, metal and heavy machinery, food and beverages, and others. The automotive segment will account for the largest share of this segment.?The APAC automobile sector is a substantial end-user in the market. Automakers are progressively utilizing robots for operations such as welding, painting, assembly, and material handling to improve manufacturing efficiency and quality. For instance, Toyota uses advanced robotics for assembly line automation, while Chinese auto manufacturer BYD uses robots for battery production. The continuous development of the automotive industry and technological innovation in the region are driving the introduction of industrial robotics, forging important prospects for market growth. Hence, the demand is anticipated to decline from the automotive sector, thereby propelling the growth of the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd. - The company offers a comprehensive range of industrial robots under the brand IRB series to help various manufacturers, including automotive manufacturers, improve productivity, product quality, and worker safety.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
ABB Ltd., Aurotek Corp. Inc., Daikin Industries Ltd., DENSO Corp., Durr AG, FANUC Corp., General Electric Co., Hans Laser Technology Industry Group Co. Ltd., Kawasaki Heavy Industries Ltd., KUKA AG, MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., OMRON Corp., Panasonic Holdings Corp., Seiko Epson Corp., Stellantis NV, Universal Robots AS, Yamaha Motor Co. Ltd., and Yaskawa Electric Corp.
Technavio's market research and growth report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Industrial Robotics Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, India, Germany - Size and Forecast
Industrial Robotics Services Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, Germany, South Korea - Size and Forecast
Industrial Welding Robots Market Analysis APAC, Europe, North America, South America, Middle East and Africa - China, Japan, US, South Korea, Germany - Size and Forecast
The market is rapidly evolving with innovations like collaborative robots and AI-enabled robots across sectors such as food and beverages, semiconductors, high-tech electronics, metal and machinery, food manufacturing, and plastics and chemical products. Automation technologies are transforming processes in the mechanical machine domain, ensuring the production of high-quality products. Versatile robotic manipulators and precise robotic controllers drive efficiency in tasks from soldering and welding to materials handling and painting and dispensing. Diverse robot types including SCARA robot, Cartesian robots, cylindrical robots, and parallel robots cater to specific industry needs, supported by advancements in microelectronics and nanorobotics. The market emphasizes modular robotics and energy-efficient solutions, reflecting a commitment to sustainable and scalable industrial automation.
Furthermore, the AI enabled robots are revolutionizing industries such as food and beverages sector, semi conductors, and high tech electronics sector, ensuring precise operations and enhanced productivity. In metal and machinery sector, food manufacturing sector, and plastics and chemical products sector, advanced automation technology and collaborative robotics streamline processes to deliver high quality products efficiently. Versatile robotic manipulator and sophisticated robotic controller optimize tasks across the arm, microelectronics, metals, and rubber and plastics industries. Emerging technologies like nanorobots and modular robots are paving the way for scalable and adaptable solutions in the quest for energy efficient robotics solutions.
Market Scope |
|
Report Coverage |
Details |
Page number |
170 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.83% |
Market growth 2024-2028 |
USD 26.38 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
14.01 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB Ltd., Aurotek Corp. Inc., Daikin Industries Ltd., DENSO Corp., Durr AG, FANUC Corp., General Electric Co., Hans Laser Technology Industry Group Co. Ltd., Kawasaki Heavy Industries Ltd., KUKA AG, MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., OMRON Corp., Panasonic Holdings Corp., Seiko Epson Corp., Stellantis NV, Universal Robots AS, Yamaha Motor Co. Ltd., and Yaskawa Electric Corp. |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.