Market Overview of the Global Industrial Automation and Robots Market:

The global Industrial Robots & Automation Market size is growing at a CAGR of 12.6% from 2023 to 2030. This growth is attributed to Demand for Flexibility and Customization. Industries are increasingly requiring flexible manufacturing solutions to adapt to changing consumer preferences and market demands. Robots and automation systems are designed to be versatile and easily reprogrammable, allowing for quick changes in production lines and the ability to produce a wide array of products.

The industrial robots and automation market refers to the global industry focused on the design, manufacturing, implementation, and integration of robotic systems and automated technologies within various industrial sectors. This market encompasses a wide range of robotic devices and automation solutions aimed at streamlining and optimizing industrial processes.

Industrial robots are programmable machines designed to execute tasks autonomously or semi-autonomously in manufacturing and production environments. They can perform a variety of tasks, such as assembly, welding, painting, material handling, packaging, and more. These robots are equipped with sensors, actuators, and control systems, enabling them to interact with the environment and carry out complex operations. Automation involves the use of technologies and systems to control and operate machinery and processes with minimal or no human intervention. It aims to improve efficiency, accuracy, productivity, and safety in various industrial applications. Automation can be achieved through various means, including robotics, control systems, sensors, artificial intelligence (AI), machine learning, and computer vision.

The industrial robots and automation market is constantly evolving, driven by advancements in technology, increasing demand for efficient production processes, cost-saving initiatives, and the pursuit of enhanced productivity and competitiveness across various industries.

Key Trends of Global Industrial Automation and Robots Market

Collaborative Robots:

Collaborative robots designed to work alongside humans safely and efficiently continue to gain traction. They enable a more flexible and interactive approach to automation, particularly in industries where close human-robot collaboration is essential.

Artificial Intelligence (AI) and Machine Learning Integration:

AI and machine learning are being increasingly integrated into industrial robots and automation systems to enhance decision-making, predictive maintenance, quality control, and overall system efficiency. These technologies enable robots to adapt and optimize their performance based on data analysis.

Internet of Things (IoT) and Connectivity:

Industrial robots and automation systems are being connected to the IoT, allowing for real-time monitoring, data analysis, and remote control. This connectivity enhances predictive maintenance, reduces downtime, and enables more efficient and data-driven decision-making.

5G Technology Integration:

The deployment of 5G technology facilitates faster and more reliable communication between robots and automation systems. It supports real-time data transfer and enables more complex and time-sensitive applications in various industrial settings.

Sustainability and Energy Efficiency:

The focus on sustainability and environmental impact is driving the development of energy-efficient and eco-friendly automation solutions. Manufacturers are increasingly considering the environmental footprint of their operations and seeking automation technologies that contribute to sustainability goals.

Drivers of the Global Industrial Robots & Automation Market:

Increased Productivity and Efficiency: Automation and robotics improve productivity by allowing for faster and more precise operations, minimizing downtime, and optimizing resource utilization, ultimately leading to increased efficiency in manufacturing and other industrial processes.

Cost Reduction and ROI Improvement: Automation helps in reducing operational costs by streamlining processes, minimizing errors, and decreasing labor expenses. Over time, the return on investment (ROI) from automation becomes more significant due to enhanced efficiency and cost savings.

Labor Shortages and Workforce Challenges: Many regions are experiencing a shortage of skilled labor, making it challenging for industries to meet production demands. Industrial robots and automation provide a solution by taking over repetitive or dangerous tasks and allowing the existing workforce to focus on more complex roles.

Demand for Flexibility and Customization: Industries are increasingly requiring flexible manufacturing solutions to adapt to changing consumer preferences and market demands. Robots and automation systems are designed to be versatile and easily reprogrammable, allowing for quick changes in production lines and the ability to produce a wide array of products.

Global Industrial Robots & Automation Report Scope:

Developments in Global Industrial Robots & Automation Market:

In April 2022, Yaskawa Electric Corporation. introduced an industrial robot integrated with artificial intelligence. This latest industrial robot technology determines the shape and color of the objects and moves them to their right position. This innovation is a multi-product manufacturing solution to deal the current difficult situation of manufacturing industry. Shortage of labor, ageing professionals, skills untransferable to next-gen.

In January 2022, FANUC America Corporation launched New M-1000iA Robot competent to handle extremely heavy products, such as construction materials, automotive components, and battery packs for e-vehicles. This robot is a remarkable solution for customers processing excessively heavy parts that requires more flexibility in the workspace. Many applications of this robot include drilling, fabrication, processing, and handling, etc.

In August 2020, ABB, a Swiss multinational corporation, announced extending its range of six-axis industrial robot by unveiling its new articulated industrial robot IRB 1300. The robot provides advanced motion control and enhance operation cycle time by assisting in material handling heavy objects.

Insights on Global Industrial Robots & Automation Market:

Historically, the automotive industry has been the most significant driver of industrial robots and automation. This sector relies heavily on robots for tasks like welding, painting, assembly, and material handling. As the automotive industry grows and evolves, it continues to demand advanced automation solutions. Countries like China, Japan, and South Korea, has been a significant hub for automotive manufacturing and automation. It has experienced consistent growth in robot adoption, driven by the expansion of the automotive sector. The United States, Canada, and Mexico also have a substantial automotive industry presence. Automation in the North American automotive sector has been growing, driven by the need for increased productivity and efficiency.Industrial robots are used for tasks such as semiconductor manufacturing, PCB assembly, and handling delicate electronic components. General manufacturing and assembly applications are vital for industrial robots and automation. This segment includes a wide range of industries like aerospace, consumer goods, and heavy machinery, which use automation for tasks such as welding, cutting, and assembly. The United States is a hub for semiconductor manufacturing and R&D, contributing to the growth of automation in this segment. Asia-Pacific region dominates electronics and semiconductor manufacturing. Countries like Taiwan, South Korea, and China have seen substantial growth in automation to meet the demand for consumer electronics and semiconductor products. Robots, including AGVs (Automated Guided Vehicles) and drones, are used for material handling and order picking. The U.S. and Canada have been early adopters of logistics automation technologies, including AGVs and order picking robots. European countries have embraced automation in logistics and warehousing to meet the demands of e-commerce and supply chain optimization. Automation in healthcare and pharmaceuticals includes applications like laboratory automation, drug manufacturing, and surgical robotics. The U.S. is a leader in healthcare and pharmaceutical automation, with a focus on research, drug manufacturing, and surgical robotics. Countries such as Japan and South Korea have made strides in healthcare robotics and automation, particularly in surgical applications. Automation in agriculture, including the use of autonomous tractors and drones for precision farming, is an emerging trend.Cartesian robots find extensive use in automated manufacturing and assembly lines. Their impact is significant in reducing manual labor and improving production efficiency. Asia-Pacific has been a significant growth region for Cartesian robots, driven by its dominance in manufacturing and assembly across industries. SCARA robots significantly impact manufacturing efficiency and product quality. They reduce the risk of human error, increase production speed, and ensure precise and consistent assembly. The United States and Canada have seen consistent growth in SCARA robot usage, particularly in industries like electronics, automotive, and pharmaceuticals. Asia-Pacific has witnessed substantial growth in the adoption of SCARA robots. Countries like Japan, South Korea, and China, with their strong manufacturing sectors, have embraced SCARA robots in various applications.

Global Industrial Robots & Automation Market Segmentation:

By Type:

Articulated

Cartesian

SCARA

Cylindrical

By End Use

Automotive

Electrical and Electronics

Chemical Rubber and Plastics

Manufacturing

Food and Beverages

By Region:

North America

Apac

LATAM

EMEA

Global Industrial Robots & Automation Market Key Players:

• Yaskawa Electric Corporation

• MRK-Systeme GmbH

• Epson

• Mitsubishi Electric Corporation

• Comau SpA

• DENSO Corporation

• Kawasaki Heavy Industries, Ltd.

• Omron Corporation

• KUKA AG

• Hirata Corporation

• Toshiba Machine Co. Ltd