Global Robotics Market (Impact of COVID-19) and Volume (Industrial and Service Robotics), Key Players Analysis - Forecast to 2025

Get in-depth COVID-19 impact and recovery analysis on the Global Robotics Market

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  • The Global Robotics Market was valued at around US$ 34 Billion in 2019 and the market is expected to register a double digit CAGR over the forecast period of 2020 - 2025. The market for robotics is anticipated to grow exponentially during the forecast period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety. The adoption of robots across a wide range of industries including manufacturing, healthcare, defense and security, logistics, inspection and maintenance, automotive, electronics, and food and beverage has accelerated the growth of the market. Robots deliver better quality products and services more efficiently, with less wastage and without causing physical damage to humans due to their autonomous nature. The increasing use of robotics will boost the growth of the market in the coming future. However, the high initial investment and concern for human safety restricts the growth of the market.

    Impact of COVID-19 on Robotics Market

    The COVID-19 outbreak has become a global stress test. As the number of people infected with the virus continues to rise around the world, uncertainties about global economic growth increases. The COVID-19 disease has infected more than 1.8 Million people worldwide, with United States accounting for around 30% of cases. Globally the death toll has surpassed 110,860, according to the latest statistics from the Worldometers (as of April 12, 2020). The number is still growing, and the duration of the pandemic is still difficult to predict. Following a slowdown in global demand of industrial robots due to the COVID-19 pandemic, it is expected that the major industrial robot vendors will struggle during the year 2020.

    The novel coronavirus has increased interest in robots, drones, and artificial intelligence. These technologies can help deal with massive staffing shortages in healthcare, manufacturing, and supply chains; the need for “social distancing;” and diagnosis and treatment. For example, service robotics play a vital role in healthcare, they minimize human intervention at all levels, starting from patient examination to patient care and drug delivery mechanism. The virus has been a good opportunity for companies to display robots for public applications. Public Relations, Rescue and Security, Inspection, Cleaning, Monitoring, and Detection are all key aspects of containing the pandemic. Disinfection robot UVD for example has been in high demand since the outbreak of COVID-19 pandemic.

    Industrial Robotics Market - Overview

    The global industrial robotics market is likely to surpass US$ 24 Billion mark by 2025. The demand for industrial robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety. The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.

    Industrial Robotics Market - Segment Analysis

    On the basis of segment, the automotive industry accounted for highest share of the industrial robotics market. Around 32% of all industrial robot installations take place in the automotive industry. The market for industrial robotics in the electrical and electronics industry is probably the one most affected by the China-US trade crisis as Asian countries (e.g. China, Japan, Republic of Korea) are leaders in manufacturing electronic products and components. Metal industry has been seeing an accelerated growth of industrial robotics adoption in recent years. Both unit shipment and the sales revenue are expected to enjoy handsome growth over the coming period of 2020-2025. Chemical, rubber and plastics industry is the fourth largest market for industrial robotics market, while food industry accounted for least share of the global industrial robotics market.

    Industrial Robotics Market - Regional Analysis

    In terms of geographical regions, Asia/Australia is the world's strongest growth market for industrial robots. This region accounted for over 67% share of the industrial robotics market in 2019. The main drivers for this growth are the demand for industrial robots from small- and medium-scale enterprises in China, Japan, South Korea, and India. Since 2013 China has been the biggest robot market in the world with a continued dynamic growth. The five major markets including China, Japan, the Republic of Korea, the United States and Germany accounts for around 75% of the total robotics sales volume in 2019. Europe is the second leading region for industrial robotics market, followed by the Americas.

    Global Service Robotics Market - Overview

    The global service robotics market was valued at over US$ 17 Billion in 2019 and is expected to show significant growth during the forecast period, driven by an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increasing research and development investments, growing awareness regarding the benefits of service robots, and increased demand for automation among professional and personal sectors. Service robots have witnessed widespread acceptance among various professional and personal applications owing to benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and reduced operational costs and human errors. Professional service robots are employed in various industries including medical, defense, agriculture, logistics, inspection and maintenance, rescue and security, construction, and professional cleaning among others, whereas personal service robots are used for domestic and entertainment and leisure purpose. The high initial investment and concern for human safety restricts the growth of the market.

    Global Professional Service Robotics Market and Volume Forecast - By Segment

    The logistic applications accounted for maximum share of the global professional service robotics market. The use of service robots in logistic industry is anticipated to show substantial growth. The growing e-commerce industry is the primary growth driver for this market. In 2019, medical application was the second major industry vertical, in terms of market share. Medical application employs service robots for a wide range of applications such as surgery, diagnostics, physical and mental therapy, and prosthetics among others. Defence robotics captured third highest share of the professional service robotics market in 2019, followed by Agriculture robots or Agribots. The implementation of robotics in agriculture is expected to bring out transformational result in coming years.

    In volume terms, the logistic robots accounted for maximum share of the overall professional service robotics volume. Inspection and maintenance robots captured second highest share of the professional service robots sales volume in 2019. The medical robots accounted for merely 2% share of the professional service robotics volume in 2019, due to expensive nature of these devices.

    Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment

    Household robots accounted for maximum share of the personal and domestic service robotics market both in value and volume terms. This segment is likely to lead the personal and domestic service robotics volume throughout the forecasting period. The household robotics market consists of a wide variety of products focused on single tasks, such as floor care, lawn care, and pool care. While, entertainment and leisure robots are aimed at youth in the hopes of boosting their interest in robotics and other technical fields.

    This is the 4th edition report on Robotics Market by iGATE RESEARCH. The report titled “Global Robotics Market (Impact of COVID-19) and Volume (Industrial and Service Robotics), Key Players Analysis - Forecast to 2025” provides a comprehensive assessment of the fast-evolving, high-growth Global Robotics Industry.

    This 229 Page report with 123 Figures and 18 Tables has been analyzed from 11 viewpoints:

    1. Global Robotics Market and Volume Forecast (2009 - 2025)

    2. Impact of Coronavirus (COVID-19) Pandemic on Robotics Market

    3. Global Robotics Market, Volume, Share and Forecast (2009 - 2025)

    4. Global Industrial Robotics Market and Volume Forecast (2009 - 2025)

    5. Global Industrial Robotics Market and Volume Forecast - By Segment (2009 - 2025)

    6. Industrial Robotics Volume and Forecast - Region and Country Wise Distribution (2010 - 2025)

    7. Global Service Robotics Market and Volume Forecast (2009 - 2025)

    8. Global Professional Service Robotics Market and Volume Forecast - By Segment (2009 - 2025)

    9. Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment (2009 - 2025)

    10. Key Player - Sales and SWOT Analysis (2010 - 2025)

    11. Global Robotics Market - Growth Drivers and Challenges

    Global Robotics Market and Volume Forecast - By Type

    1. Industrial Robotics

    2. Service Robotics

    Global Industrial Robotics Market and Volume Forecast - By Segment

    1. Automotive Industry

    2. Electrical/Electronics Industry

    3. Metal Industry

    4. Chemical, Rubber and Plastics Industry

    5. Food Industry

    6. Others Industry

    7. Unspecified Industry

    Industrial Robotics Volume and Forecast - Region and Country Wise Distribution

    1. Americas

    • United States

    • Canada

    • Brazil

    • Mexico

    • Rest of South America

    2. Asia/Australia

    • China

    • India

    • Japan

    • Republic of Korea

    • Taiwan

    • Thailand

    • Vietnam

    • Other Asia/Australia

    3. Europe

    • Central/Eastern Europe

    • France

    • Germany

    • Italy

    • Spain

    • United Kingdom

    • Other Europe

    4. Africa

    5. Rest of the World (ROW)

    Global Service Robotics Market and Volume Forecast - By Type

    1. Professional Service Robotics

    2. Personal and Domestic Service Robotics

    Global Professional Service Robotics Market and Volume Forecast - By Segment

    1. Defence

    2. Agriculture/Field

    3. Logistic

    4. Medical

    5. Exoskeletons

    6. Public Relations Robots

    7. Construction

    8. Mobile Platforms

    9. Inspection and Maintenance

    10. Underwater

    11. Rescue and Security

    12. Cleaning

    13. Others

    Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment

    1. Household Robotics

    2. Entertainment and Leisure Robotics

    Global Robotics Market - Key Players Sales and SWOT Analysis

    1. KUKA AG

    2. Adept Technology (Acquired by OMRON)

    3. iRobot Corporation

    4. Intuitive Surgical

    5. Nachi-Fujikoshi

    6. Yaskawa Electric Corporation

    Data Sources

    iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.

    Research Methodologies

    Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

    Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.

     

  • With tables and figures helping analyze worldwide Global Robotics market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1. Executive Summary

    2. Impact of Coronavirus (COVID-19) Pandemic on Robotics Market

    3. Global Robotics Market and Forecast (2009 - 2025)

    3.1 Global Industrial Robotics Market and Forecast

    3.2 Global Service Robotics Market and Forecast

    3.2.1 Global Professional Service Robotics Market and Forecast
    3.2.2 Global Personal and Domestic Service Robotics Market and Forecast

    4. Global Robotics Volume and Forecast (2009 - 2025)

    4.1 Global Industrial Robotics Volume and Forecast

    4.2 Global Service Robotics Volume and Forecast

    4.2.1 Global Professional Service Robotics Volume and Forecast
    4.2.2 Global Personal and Domestic Service Robotics Volume and Forecast

    5. Global Robotics Market and Volume Share Analysis

    5.1 Global Robotics Market Share and Forecast - By Type (2009 - 2025)

    5.2 Global Robotics Volume Share and Forecast - By Type (2009 - 2025)


    6. Global Industrial Robotics Market Share and Forecast

    6.1 Global Industrial Robotics Market Share and Forecast - By Segment (2009 - 2025)

    6.2 Global Industrial Robotics Market Share and Forecast - By Region (2010 - 2025)


    7. Global Service Robotics Market and Volume Share Analysis (2009 - 2025)

    7.1 Global Service Robotics Market Share and Forecast - By Segment

    7.2 Global Professional Service Robotics Market Share and Forecast - By Segment

    7.3 Global Personal and Domestic Service Robotics Market Share and Forecast - By Segment

    7.4 Global Service Robotics Volume Share and Forecast - By Segment

    7.5 Global Professional Service Robotics Volume Share and Forecast- By Segment

    7.6 Global Personal and Domestic Service Robotics Volume Share and Forecast- By Segment


    8. Global Industrial Robotics Market and Volume Forecast - By Segment (2009 - 2025)

    8.1 Global Automotive Industry Robotics Market and Volume Forecast

    8.1.1 Global Automotive Industry Robotics Market and Forecast
    8.1.2 Global Automotive Industry Robotics Volume and Forecast

    8.2 Global Electrical/Electronics Industry Robotics Market and Volume Forecast

    8.2.1 Global Electrical/Electronics Industry Robotics Market and Forecast
    8.2.2 Global Electrical/Electronics Industry Robotics Volume and Forecast

    8.3 Global Metal Industry Robotics Market and Volume Forecast

    8.3.1 Global Metal Industry Robotics Market and Forecast
    8.3.2 Global Metal Industry Robotics Volume and Forecast

    8.4 Global Chemical, Rubber and Plastics Industry Robotics Market and Volume Forecast

    8.4.1 Global Chemical, Rubber and Plastics Industry Robotics Market and Forecast
    8.4.2 Global Chemical, Rubber and Plastics Industry Robotics Volume and Forecast

    8.5 Global Food Industry Robotics Market and Volume Forecast

    8.5.1 Global Food Industry Robotics Market and Forecast
    8.5.2 Global Food Industry Robotics Volume and Forecast

    8.6 Global Others Industry Robotics Market and Volume Forecast

    8.6.1 Global Others Industry Robotics Market and Forecast
    8.6.2 Global Others Industry Robotics Volume and Forecast
    8.7 Global Unspecified Industry Robotics Market and Volume Forecast
    8.7.1 Global Unspecified Industry Robotics Market and Forecast
    8.7.2 Global Unspecified Industry Robotics Volume and Forecast

    9. Global Industrial Robotics Volume and Forecast - By Region and Country Wise Distribution (2010 - 2025)

    10. Global Professional Service Robotics Market and Volume Forecast - By Segment (2009 - 2025)

    10.1 Global Defense Robotics Market and Volume Forecast

    10.1.1 Global Defense Robotics Market and Forecast
    10.1.2 Global Defense Robotics Volume and Forecast

    10.2 Global Agriculture/Field Robotics Market and Volume Forecast

    10.2.1 Global Agriculture/Field Robotics Market and Forecast
    10.2.2 Global Agriculture/Field Robotics Volume and Forecast

    10.3 Global Logistic Robotics Market and Volume Forecast

    10.3.1 Global Logistic Robotics Market and Forecast
    10.3.2 Global Logistic Robotics Volume and Forecast

    10.4 Global Medical Robotics Market and Volume Forecast

    10.4.1 Global Medical Robotics Market and Forecast
    10.4.2 Global Medical Robotics Volume and Forecast

    10.5 Global Construction Robotics Market and Volume Forecast

    10.5.1 Global Construction Robotics Market and Forecast
    10.5.2 Global Construction Robotics Volume and Forecast

    10.6 Global Mobile Platforms Robotics Market and Volume Forecast

    10.6.1 Global Mobile Platforms Robotics Market and Forecast
    10.6.2 Global Mobile Platforms Robotics Volume and Forecast
    10.7 Global Inspection Robotics Market and Volume Forecast
    10.7.1 Global Inspection Robotics Market and Forecast
    10.7.2 Global Inspection Robotics Volume and Forecast
    10.8 Global Underwater Robotics Market and Volume Forecast
    10.8.1 Global Underwater Robotics Market and Forecast
    10.8.2 Global Underwater Robotics Volume and Forecast
    10.9 Global Rescue and Security Robotics Market and Volume Forecast
    10.9.1 Global Rescue and Security Robotics Market and Forecast
    10.9.2 Global Rescue and Security Robotics Volume and Forecast

    10.10 Global Cleaning Robotics Market and Volume Forecast

    10.10.1 Global Cleaning Robotics Market and Forecast
    10.10.2 Global Cleaning Robotics Volume and Forecast
    10.11 Global Exoskeleton Robotics Market and Volume Forecast
    10.11.1 Global Exoskeleton Robotics Market and Forecast
    10.11.2 Global Exoskeleton Robotics Volume and Forecast
    10.12 Global Public Relation Robotics Market and Volume Forecast
    10.12.1 Global Public Relation Robotics Market and Forecast
    10.12.2 Global Public Relation Robotics Volume and Forecast
    10.13 Global All Others Robotics Market and Volume Forecast
    10.13.1 Global All Others Robotics Market and Forecast
    10.13.2 Global All Others Robotics Volume and Forecast

    11. Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment (2009 - 2025)

    11.1 Global Household Robotics Market and Volume Forecast

    11.1.1 Global Household Robotics Market and Forecast
    11.1.2 Global Household Robotics Volume and Forecast

    11.2 Global Entertainment and Leisure Robotics Market and Volume Forecast

    11.2.1 Global Entertainment and Leisure Robotics Market and Forecast
    11.2.2 Global Entertainment and Leisure Robotics Volume and Forecast

    12. Key Player Analysis (2010 - 2025)

    12.1 KUKA AG

    12.1.1 Company Overview
    12.1.2 Sales Analysis
    12.1.3 KUKA AG - SWOT Analysis

    12.2 Adept Technology (Acquired by OMRON)

    12.2.1 Company Overview
    12.2.2 Sales Analysis188
    12.2.3 Adept Technology - SWOT Analysis

    12.3 iRobot Corporation

    12.3.1 Company Overview
    12.3.2 Sales Analysis
    12.3.3 iRobot Corporation - SWOT Analysis

    12.4 Intuitive Surgical

    12.4.1 Company Overview
    12.4.2 Sales Analysis
    12.4.3 Intuitive Surgical - SWOT Analysis

    12.5 Nachi-Fujikoshi

    12.5.1 Company Overview
    12.5.2 Sales Analysis
    12.5.3 Nachi-Fujikoshi - SWOT Analysis

    12.6 Yaskawa Electric Corporation

    12.6.1 Company Overview
    12.6.2 Sales Analysis
    12.6.3 Yaskawa Electric Corporation - SWOT Analysis

    13. Global Service Robotics Market - Growth Drivers

    13.1 Increasing Research and Development Expenditure

    13.2 Technology Trends Shaping the Future of Robotics

    13.3 Government Initiatives Drives Market for Robotics

    13.4 Co-Bots Drives Robotics Industry

    13.5 Improved Service, Increased Operational Efficiency and Safety


    14. Global Service Robotics Market - Challenges

    14.1 Human-Robot Interaction Challenges

    14.2 The High Cost of Robots Restricts Market Growth

    14.3 Delayed Return on Investment (ROI)

     

  • The Global Robotics Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
      • (2010 - 2025)
      • 7.
      By Type:
        By Application:
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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