Asia Pacific (APAC) - Industrial Robotics Market by Application, End-user and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 164 SKU: IRTNTR76410

Asia Pacific (APAC) Industrial Robotics Market Forecast 2023-2027

The Asia Pacific (APAC) Industrial Robotics Market size is estimated to grow by USD 17.57 billion at a CAGR of 13.52% between 2022 and 2027. The growth of the market share in APAC depends on several factors such as a surge in demand for industrial robots, the rising adoption of Industry 4.0 industries, and vendor initiatives to improve service delivery. 

What will be the size of the Market During the Forecast Period?

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Market Dynamics

Our researchers studied the data for years, with 2022 as the base year and 2023 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.    

Driver- Surge in demand for industrial robot

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.

Trends- Integration of IoT with robotics

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.

Challenge- Lack of skilled workers to operate industrial robots

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.

Market Segmentation by Application and End-user

Application Segment Analysis

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. 

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The material handling segment was the largest segment and was valued at USD 6.19 billion in 2017. 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.

End-user Segment Analysis

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.

Who are the Major APAC Industrial Robotics Market Companies?

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.  

Market Analyst Overview

The Asia-Pacific Industrial Robotics Market thrives on technological advancements in industrial robotic arms and vision systems, enhancing manufacturing processes across diverse sectors. These robots not only improve efficiency but also contribute to energy conservation and workplace safety. Companies lead the innovation, collaborating with global manufacturers to deploy robotic solutions in assembly lines for tasks such as spot and arc welding, sealing, part transfer, and internal logistics. With a focus on quality inspection and materials removal, robots play a crucial role in India's manufacturing sector growth, aligned with the International Federation of Robotics (IFR) standards. As GDP rises and urbanization accelerates, countries like China, India, and Laos are witnessing increased adoption, not only in industries but also in household robotics, as per the Population Reference Bureau data.

Segment Overview

The market growth and forecasting report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD billion, 2017 - 2027)
    • Material handling
    • Welding and soldering
    • Assembling and disassembling
    • Painting and coating
    • Others
  • End-user Outlook (USD billion, 2017 - 2027)
    • Automotive
    • Electrical and electronics
    • Metal and heavy machinery
    • Food and beverages
    • Others

APAC Industrial Robotics Market Scope

Market Report Coverage

Details

Page number

164

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.52%

Market growth 2023-2027

USD 17.57 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

13.0

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 growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our market growth analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market forecast in APAC
  • Detailed information on factors that will drive the growth of the market  between 2023 and 2027
  • Precise estimation of the size of the market in APAC size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC
  • Our market forecasting report includes a thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of the market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on APAC: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

    4 Historic Market Size

    • 4.1 Industrial robotics market in APAC 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on industrial robotics market in APAC 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 29: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 30: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 31: Chart on Comparison by Application
      • Exhibit 32: Data Table on Comparison by Application
    • 6.3 Material handling - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Material handling - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 34: Data Table on Material handling - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Chart on Material handling - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Material handling - Year-over-year growth 2022-2027 (%)
    • 6.4 Welding and soldering - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Welding and soldering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 38: Data Table on Welding and soldering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Chart on Welding and soldering - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Welding and soldering - Year-over-year growth 2022-2027 (%)
    • 6.5 Assembling and disassembling - Market size and forecast 2022-2027
      • Exhibit 41: Chart on Assembling and disassembling - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 42: Data Table on Assembling and disassembling - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Chart on Assembling and disassembling - Year-over-year growth 2022-2027 (%)
      • Exhibit 44: Data Table on Assembling and disassembling - Year-over-year growth 2022-2027 (%)
    • 6.6 Painting and coating - Market size and forecast 2022-2027
      • Exhibit 45: Chart on Painting and coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 46: Data Table on Painting and coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Chart on Painting and coating - Year-over-year growth 2022-2027 (%)
      • Exhibit 48: Data Table on Painting and coating - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 49: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 52: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 53: Market opportunity by Application ($ billion)
      • Exhibit 54: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 55: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 56: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 57: Chart on Comparison by End-user
      • Exhibit 58: Data Table on Comparison by End-user
    • 7.3 Automotive - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 7.4 Electrical and electronics - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)
    • 7.5 Metal and heavy machinery - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Metal and heavy machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Metal and heavy machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Metal and heavy machinery - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Metal and heavy machinery - Year-over-year growth 2022-2027 (%)
    • 7.6 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Food and beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 79: Market opportunity by End-user ($ billion)
      • Exhibit 80: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 82: Chart on Market share by geography - 2022-2027 (%)
      • Exhibit 83: Data Table on Market share by geography - 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 84: Chart on Geographic comparison
      • Exhibit 85: Data Table on Geographic comparison
    • 9.3 China - Market size and forecast 2022-2027
      • Exhibit 86: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 89: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.4 Japan - Market size and forecast 2022-2027
      • Exhibit 90: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 93: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.5 South Korea - Market size and forecast 2022-2027
      • Exhibit 94: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 97: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.6 India - Market size and forecast 2022-2027
      • Exhibit 98: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 101: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.7 Rest of APAC - Market size and forecast 2022-2027
      • Exhibit 102: Chart on Rest of APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Data Table on Rest of APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Chart on Rest of APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 105: Data Table on Rest of APAC - Year-over-year growth 2022-2027 (%)
    • 9.8 Market opportunity by geography
      • Exhibit 106: Market opportunity by geography ($ billion)
      • Exhibit 107: Data Table on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 108: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 109: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 110: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 111: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 112: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 113: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 114: ABB Ltd. - Overview
              • Exhibit 115: ABB Ltd. - Business segments
              • Exhibit 116: ABB Ltd. - Key offerings
              • Exhibit 117: ABB Ltd. - Segment focus
            • 12.4 Daikin Industries Ltd.
              • Exhibit 118: Daikin Industries Ltd. - Overview
              • Exhibit 119: Daikin Industries Ltd. - Business segments
              • Exhibit 120: Daikin Industries Ltd. - Key news
              • Exhibit 121: Daikin Industries Ltd. - Key offerings
              • Exhibit 122: Daikin Industries Ltd. - Segment focus
            • 12.5 DENSO Corp.
              • Exhibit 123: DENSO Corp. - Overview
              • Exhibit 124: DENSO Corp. - Business segments
              • Exhibit 125: DENSO Corp. - Key news
              • Exhibit 126: DENSO Corp. - Key offerings
              • Exhibit 127: DENSO Corp. - Segment focus
            • 12.6 Durr AG
              • Exhibit 128: Durr AG - Overview
              • Exhibit 129: Durr AG - Business segments
              • Exhibit 130: Durr AG - Key offerings
              • Exhibit 131: Durr AG - Segment focus
            • 12.7 FANUC Corp.
              • Exhibit 132: FANUC Corp. - Overview
              • Exhibit 133: FANUC Corp. - Product / Service
              • Exhibit 134: FANUC Corp. - Key offerings
            • 12.8 General Electric Co.
              • Exhibit 135: General Electric Co. - Overview
              • Exhibit 136: General Electric Co. - Business segments
              • Exhibit 137: General Electric Co. - Key news
              • Exhibit 138: General Electric Co. - Key offerings
              • Exhibit 139: General Electric Co. - Segment focus
            • 12.9 Kawasaki Heavy Industries Ltd.
              • Exhibit 140: Kawasaki Heavy Industries Ltd. - Overview
              • Exhibit 141: Kawasaki Heavy Industries Ltd. - Business segments
              • Exhibit 142: Kawasaki Heavy Industries Ltd. - Key news
              • Exhibit 143: Kawasaki Heavy Industries Ltd. - Key offerings
              • Exhibit 144: Kawasaki Heavy Industries Ltd. - Segment focus
            • 12.10 MIDEA Group Co. Ltd.
              • Exhibit 145: MIDEA Group Co. Ltd. - Overview
              • Exhibit 146: MIDEA Group Co. Ltd. - Product / Service
              • Exhibit 147: MIDEA Group Co. Ltd. - Key offerings
            • 12.11 Mitsubishi Electric Corp.
              • Exhibit 148: Mitsubishi Electric Corp. - Overview
              • Exhibit 149: Mitsubishi Electric Corp. - Business segments
              • Exhibit 150: Mitsubishi Electric Corp. - Key news
              • Exhibit 151: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 152: Mitsubishi Electric Corp. - Segment focus
            • 12.12 NACHI FUJIKOSHI Corp.
              • Exhibit 153: NACHI FUJIKOSHI Corp. - Overview
              • Exhibit 154: NACHI FUJIKOSHI Corp. - Business segments
              • Exhibit 155: NACHI FUJIKOSHI Corp. - Key news
              • Exhibit 156: NACHI FUJIKOSHI Corp. - Key offerings
              • Exhibit 157: NACHI FUJIKOSHI Corp. - Segment focus
            • 12.13 OMRON Corp.
              • Exhibit 158: OMRON Corp. - Overview
              • Exhibit 159: OMRON Corp. - Business segments
              • Exhibit 160: OMRON Corp. - Key news
              • Exhibit 161: OMRON Corp. - Key offerings
              • Exhibit 162: OMRON Corp. - Segment focus
            • 12.14 Seiko Epson Corp.
              • Exhibit 163: Seiko Epson Corp. - Overview
              • Exhibit 164: Seiko Epson Corp. - Business segments
              • Exhibit 165: Seiko Epson Corp. - Key news
              • Exhibit 166: Seiko Epson Corp. - Key offerings
              • Exhibit 167: Seiko Epson Corp. - Segment focus
            • 12.15 Stellantis NV
              • Exhibit 168: Stellantis NV - Overview
              • Exhibit 169: Stellantis NV - Business segments
              • Exhibit 170: Stellantis NV - Key news
              • Exhibit 171: Stellantis NV - Key offerings
              • Exhibit 172: Stellantis NV - Segment focus
            • 12.16 Universal Robots AS
              • Exhibit 173: Universal Robots AS - Overview
              • Exhibit 174: Universal Robots AS - Product / Service
              • Exhibit 175: Universal Robots AS - Key offerings
            • 12.17 Yaskawa Electric Corp.
              • Exhibit 176: Yaskawa Electric Corp. - Overview
              • Exhibit 177: Yaskawa Electric Corp. - Business segments
              • Exhibit 178: Yaskawa Electric Corp. - Key offerings
              • Exhibit 179: Yaskawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 180: Inclusions checklist
                • Exhibit 181: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 182: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 183: Research methodology
                • Exhibit 184: Validation techniques employed for market sizing
                • Exhibit 185: Information sources
              • 13.5 List of abbreviations
                • Exhibit 186: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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