Enjoy complimentary customisation on priority with our Enterprise License!
The heavy duty industrial robot market share is expected to increase by USD 3.78 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 8%.
This heavy duty industrial robot market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers heavy duty industrial robot market segmentation by end user (automotive industry, foundry industry, and aerospace and defense industry), application (material handling, assembly line, and logistics), and geography (APAC, Europe, North America, South America, and MEA). The heavy duty industrial robot market report also offers information on several market vendors, including ABB Ltd., Comau Spa, FANUC Corp., Kawasaki Heavy Industries Ltd., KRONES AG, KUKA AG, Liebherr-International AG, NACHI-FUJIKOSHI Corp., OMRON Corp., and Yaskawa Electric Corp. among others.
Download the Free Report Sample to Unlock the Heavy Duty Industrial Robot Market Size for the Forecast Period and Other Important Statistics
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The low price of components is notably driving the heavy duty industrial robot market growth, although factors such as high installation cost may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the heavy duty industrial robot industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Heavy Duty Industrial Robot Market Trend
The engagement of industrial workers is declining with the rising trend for the implementation of heavy-duty industrial robots. This has enabled various industries to enhance their productivity and reduce their operational breakdown. The employment of industrial robots ensures the prevention of any damage to the raw material and products as they are designed to carry heavy loads efficiently. It also results in effective and efficient distribution of workforce for productive industrial operations in the industries. Technavio's market research report identifies that the growing need for uninterrupted industrial operations as one of the primary growth drivers for the global heavy-duty industrial robot market growth. Industries benefit in several ways since uninterrupted operations aid in reduced wastage and optimized operational cost. Technavio's market research analysts predict that this market will grow at a CAGR of over 8% by 2025.
This heavy duty industrial robot market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the heavy duty industrial robot market encompasses successful business strategies deployed by the key vendors. The heavy duty industrial robot market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The heavy duty industrial robot market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
For more insights on the market share of various regions Request for a FREE sample now!
64% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for the heavy-duty industrial robot market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The presence of many system integrators and raw material suppliers and a reasonable number of distributors and suppliers will facilitate the heavy duty industrial robot market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
To gain further insights on the market contribution of various segments Request for a FREE sample
The heavy duty industrial robot market share growth by the automotive industry segment will be significant during the forecast period. The demand for heavy-duty industrial robots is increasing in the automotive industry due to the popularity of the concept of smart factories and flexible assembly lines and the robotic automation of production lines. The growing need for speeding up the supply chain management and manufacturing processes is driving the industry to adopt heavy-duty industrial robots in assembly line operations and material handling. The increasing demand for smart cars from the automotive industry will also boost growth in the heavy-duty industrial robot market.
This report provides an accurate prediction of the contribution of all the segments to the growth of the heavy duty industrial robot market size and actionable market insights on post COVID-19 impact on each segment.
Heavy Duty Industrial Robot Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8% |
Market growth 2021-2025 |
$ 3.78 billion |
Market structure |
Concentrated |
YoY growth (%) |
7.11 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 64% |
Key consumer countries |
China, Japan, US, South Korea (Republic of Korea), and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ABB Ltd., Comau Spa, FANUC Corp., Kawasaki Heavy Industries Ltd., KRONES AG, KUKA AG, Liebherr-International AG, NACHI-FUJIKOSHI Corp., OMRON Corp., 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, Market condition analysis for 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 report to meet your requirements. Get in touch
Get lifetime access to our
Technavio Insights
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.