Global Top Robotics Market Size, Trends & Growth Opportunity By Type (Top Service Robotics, Top Industrial Robotics, Articulated Robots, Parallel Robots, SCARA Robots, and Collaboration Robots), By Application (Electrical & Electronics, Automotive, Metal & Machinery, Food & Beverages, Chemical, Rubber, & Plastics, Pharmaceutical & Cosmetics, and Others), and By Region and Forecast from 2022-2027
Report ID : IR1001047 | Industries : Automotive and Transportation | Published On :March 2024 | Page Count : 2
Global Top Robotics Market Size, Trends & Growth Opportunity By Type (Top Service Robotics, Top Industrial Robotics, Articulated Robots, Parallel Robots, SCARA Robots, and Collaboration Robots), By Application (Electrical & Electronics, Automotive, Metal & Machinery, Food & Beverages, Chemical, Rubber, & Plastics, Pharmaceutical & Cosmetics, and Others), and By Region and Forecast from 2022-2027
Global Top Robotics Market
The Global Top Robotics Market was valued at USD 80.2 billion in 2021 which is expected to reach USD 210.3 billion by 2027 at a CAGR 7.59% from 2022 to 2027.
The top robotics are referred as mechanical devices which are incorporated with the various other fields of technologies, used in the replacement of the human being for repetitive task as well as dangerous task. Top Robotics is the combination of industrial robotics and service robotics which are automated, and highly programmable of withstanding the movement along more than three axes.
Market Drivers
The increase in demand for collaborative robots across all industry segments is expected to boost the global top robotics market growth. Furthermore, rapid expansion of the automotive industry across the globe as well as the rise in the adoption of robotics in various end use industries including Metal & Machinery, Food & Beverages, Chemical, Rubber, & Plastics, Pharmaceutical & Cosmetics, and Others will positively influence the market growth. The top robotics provides several benefits such as cost reduction, size reduction, and improving quality, along with improved manufacturing efficiency. The rise in awareness regarding the benefits they offer is expected to support the market growth during this forecast timeline.
Market Restraints
High cost of deployment, especially for small and medium size enterprises is the major restraint which expected to hamper the global top robotics market growth. Also, interoperability and integration issues with industrial robots will limit the market growth.
Market Segmentation
The Global Top Robotics Market is segmented into type such as Top Service Robotics, Top Industrial Robotics, Articulated Robots, Parallel Robots, SCARA Robots, and Collaboration Robots. Further, market is segmented into application such as Electrical & Electronics, Automotive, Metal & Machinery, Food & Beverages, Chemical, Rubber, & Plastics, Pharmaceutical & Cosmetics, and Others.
Also, the Global Top Robotics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key operating players are discussed in this report such as ABB, TRAPO AG, FANUC, Toolmotion GmbH, Yaskawa, NIMAK GmbH, KUKA, Northrop Grumman, Honda Motor, iRobot Corporation, etc.
Market Taxonomy
By Type
• Top Service Robotics
• Top Industrial Robotics
• Articulated Robots
• Parallel Robots
• SCARA Robots
• Collaboration Robots
By Application
• Electrical & Electronics
• Automotive
• Metal & Machinery
• Food & Beverages
• Chemical, Rubber, & Plastics
• Pharmaceutical & Cosmetics
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Top Robotics Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Top Robotics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Top Robotics Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Top Robotics Market Share Analysis, By Type
5.3 Global Top Robotics Market Size and Forecast, By Type
5.3.1 Top Service Robotics
5.3.2 Top Industrial Robotics
5.3.3 Articulated Robots
5.3.4 Parallel Robots
5.3.5 SCARA Robots
5.3.6 Collaboration Robots
6 Global Top Robotics Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Top Robotics Market Share Analysis, By Application
6.3 Global Top Robotics Market Size and Forecast, By Application
6.3.1 Electrical & Electronics
6.3.2 Automotive
6.3.3 Metal & Machinery
6.3.4 Food & Beverages
6.3.5 Chemical, Rubber, & Plastics
6.3.6 Pharmaceutical & Cosmetics
6.3.7 Others
7 Global Top Robotics Market, By Region
7.1 Global Top Robotics Market Share Analysis, By Region
7.2 Global Top Robotics Market Share Analysis, By Region
7.3 Global Top Robotics Market Size and Forecast, By Region
8 North America Top Robotics Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Top Robotics Market Share Analysis, By Type
8.3 North America Top Robotics Market Size and Forecast, By Application
8.4 North America Top Robotics Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Top Robotics Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Top Robotics Market Share Analysis, By Type
9.3 Europe Top Robotics Market Size and Forecast, By Application
9.4 Europe Top Robotics Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Top Robotics Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Top Robotics Market Share Analysis, By Type
10.3 Asia Pacific Top Robotics Market Size and Forecast, By Application
10.4 Asia Pacific Top Robotics Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Top Robotics Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Top Robotics Market Share Analysis, By Type
11.3 Latin America Top Robotics Market Size and Forecast, By Application
11.4 Latin America Top Robotics Market Size and Forecast, By Country
12 Middle East Top Robotics Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Top Robotics Market Share Analysis, By Type
12.3 Middle East Top Robotics Market Size and Forecast, By Application
12.4 Middle East Top Robotics Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 ABB
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 TRAPO AG
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 FANUC
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Toolmotion GmbH
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Yaskawa
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 NIMAK GmbH
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 KUKA
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Northrop Grumman
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Honda Motor
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 iRobot Corporation
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies