Pune, Nov. 05, 2022 (GLOBE NEWSWIRE) -- The rising demand for industrial robots in various industries such as automotive, electrical & electronics, food & beverages, and metals & machinery is expected to drive the growth of the global robotics market. The automotive industry is one of the major consumers of industrial robots. The automotive industry is shifting its focus from conventional manufacturing to advanced manufacturing, which requires less manpower and is more efficient. This is expected to fuel the demand for industrial robots in the automotive industry.
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The healthcare industry is another major application area for robotics. The increasing number of surgeries, the need for accuracy and precision, and the shortage of skilled labor are the key factors driving the growth of the robotics market in the healthcare industry. Moreover, the increasing geriatric population and the rising awareness about the benefits of robotics-assisted surgeries are further fueling the demand for robots in the healthcare industry.
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The Asia Pacific region is expected to dominate the global robotics market due to the rising demand from countries such as China, India, and Japan. The growing automotive and electrical & electronics industries in Asia Pacific are expected to drive the growth of the robotics market in the region.
The major players in the global robotics market are ABB Ltd., FANUC Corporation, KUKA AG, Nachi-Fujikoshi Corporation, Yaskawa Electric Corporation, Robert Bosch GmbH, Honda Motor Co., Ltd., Denso Corporation, and Alps Electric Co., Ltd.
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Segmentation
By Type
- Scara
- Cartesian
- Articulated
- Cylindrical
- Parallel
- Others
By Mobility
- Fixed Robots
- Mobile Robots
By Application
- Handling
- Welding and Soldering
- Assembling and Disassembling
- Dispensing
- Processing
- Others
By End Use Industries
- Automotive
- Electrical and Electronics
- Metals and Machinery
- Plastics, Rubber, and Chemicals
- Food and Beverages
- Precision Engineering and optics
- Pharmaceuticals and Cosmetics
- Others
Geographical region:
- North America
- Europe
- Asia Pacific
- South America
- Middle East Africa
