Global Industrial Robotics Market Size study with COVID-19 Impact, by Type (Articulated, SCARA, Parallel/Delta, Cartesian/Gantry/Linear Robots and Others), by Industry (Automotive, Electrical and Electronics, Chemicals, Rubber and Plastics, Metals & machinery, Food & Beverages, Precision engineering and Optics, Pharmaceuticals and Cosmetics) and Regional Forecasts 2020-2026

  • Product Code:
    RP-ID-10321858
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    200
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global COVID-19 Impact on Industrial Robotics Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2026. COVID-19 is an infectious disease caused by a newly discovered virus called corona-virus. COVID-19 is pushing companies to rapidly operate in new ways, and systems resilience is being tested as never before. As this virus enables human workforce to stay at home, the industrial robots will be productive in industries at the place of human workforce. Industrial robots are automated, programmable and capable of movement on three or more axes and can be used in wide range of end use industries such as Automotive, Electrical and Electronics, Chemicals, Rubber and Plastics, Metals & machinery, Food & Beverages, Precision engineering and Optics, Pharmaceuticals and Cosmetics. The Dearth of skilled labor and solicitation of proposals by governments and public-private companies to mitigate the adverse impact of COVID-19 is the factor responsible for growth of the market over the forecast period. For instance, as per Statista, the As of April 20, 2020, the outbreak of the coronavirus disease (COVID-19) had spread to six continents, and approximately 165,082 people had died after contracting the respiratory virus. Around 23,660 of these deaths occurred in Italy, and around 40,565 of these deaths occurred in US. Furthermore, the introducing new products and services as well as other strategic alliances by market key player will create a lucrative demand for this market. For instance: as per Company’s news release in November 2019, B&R, a unit of ABB’s Robotics and Discrete Automation business launched fully integrated Machine-Centric Robotics solution in its automation portfolio. B&R will now be able to supply machine builders with machine automation and robotics from a single source along with all their control, I/O and drive components. However, high installation cost of industrial robots, especially for small and medium-sized enterprises is the major factor restraining the growth of global COVID-19 Impact on Industrial Robotics market during the forecast period.

The regional analysis of global COVID-19 Impact on Industrial Robotics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Major market player included in this report are:
ABB Group
Yaskawa Electric Corporation
FANUC
KUKA
Kawasaki Heavy Industries Ltd.
Mitsubishi Electric Corporation
Denso Corporation
Nachi-Fujikoshi Corp.
Seiko Epson Corporation
Dürr AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Articulated
SCARA
Parallel/Delta
Cartesian/Gantry/Linear Robots
Others

By Industry:
Automotive
Electrical and Electronics
Chemicals
Rubber and Plastics
Metals & machinery
Food & Beverages
Precision engineering and Optics
Pharmaceuticals and Cosmetics

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global COVID-19 Impact on Industrial Robotics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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ABB Group
Yaskawa Electric Corporation
FANUC
KUKA
Kawasaki Heavy Industries Ltd.
Mitsubishi Electric Corporation
Denso Corporation
Nachi-Fujikoshi Corp.
Seiko Epson Corporation
Dürr AG
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I am willing to know the scope of research
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