Heavy Duty Industrial Robot Market by End-user, Application, Product Feature, and Geography - Forecast and Analysis 2021-2025

Published: Apr 2021 Pages: 120 SKU: IRTNTR70559

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.

What will the Heavy Duty Industrial Robot Market Size be During the Forecast Period?

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Heavy Duty Industrial Robot Market: Key Drivers, Trends, and Challenges

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.

Who are the Major Heavy Duty Industrial Robot Market Vendors?

The report analyzes the market's competitive landscape and 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.
  • Yaskawa Electric Corp.

 

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.

Which are the Key Regions for Heavy Duty Industrial Robot Market?

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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.

What are the Revenue-generating End User Segments in the Heavy Duty Industrial Robot Market?

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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

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What are the Key Data Covered in this Heavy Duty Industrial Robot Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive heavy duty industrial robot market growth during the next five years
  • Precise estimation of the heavy duty industrial robot market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the heavy duty industrial robot industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of heavy duty industrial robot market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Material handling - Market size and forecast 2020-2025
    • Assembly line - Market size and forecast 2020-2025
    • Logistics - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Automotive industry - Market size and forecast 2020-2025
    • Foundry industry - Market size and forecast 2020-2025
    • Aerospace and defense industry - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Market Segmentation by Product feature

    • Market segments
    • Comparison by Product feature
    • Payload capacity 0.50 to 1 ton - Market size and forecast 2020-2025
    • Payload capacity 1 to 2 ton - Market size and forecast 2020-2025
    • Payload capacity more than 2 ton - Market size and forecast 2020-2025
    • Market opportunity by Product feature

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ABB Ltd.
      • Comau Spa
      • FANUC Corp.
      • Kawasaki Heavy Industries Ltd.
      • KRONES AG
      • KUKA AG
      • Liebherr-International AG
      • NACHI-FUJIKOSHI Corp.
      • OMRON Corp.
      • Yaskawa Electric Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • 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?
      • What are the revenue-generating key market segments?
      • 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?

      Why should you prefer Technavio's market insights report?

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      • Parent market analysis
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      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis