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Industrial Robotics Market Share

Report ID: GMI1729
Published Date: Sep 2023
Report Format: PDF

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Industrial Robotics Market Share

Major companies operating in the Industrial Robotics market

ABB Group
Comau SpA
Denso Corporation
Epson America, Inc.
Fanuc Corporation
HD HYUNDAI ROBOTICS
Kawasaki Heavy Industries, Ltd.
KUKA AG
Mitsubishi Electric Corporation
Nachi Fujikoshi Corp
Daihen, Inc.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Global market for industrial robotics was valued at over USD 14.5 billion in 2022 and is anticipated to grow at a CAGR of over 12% between 2023 and 2032, owing to the growing adoption of collaborative robots or cobots.

The automotive segment held a market share of over 30% and was valued at USD 4 billion in 2022. It is expected to grow at a lucrative pace through 2032, favored by the shift toward Electric Vehicles (EVs) and Autonomous Vehicles (AVs) that require advanced manufacturing processes.

Asia Pacific industry is estimated to grow tremendously through 2032, attributable to the development of smart cities in China, South Korea, and Singapore with advanced IoT applications, along with the wider deployment of 5G networks.

ABB Group, Comau SpA, Denso Corporation, Epson America, Inc., Fanuc Corporation, HD HYUNDAI ROBOTICS, Kawasaki Heavy Industries, Ltd, KUKA AG, Mitsubishi Electric Corporation, Nachi Fujikoshi Corp, and OTC Daihen, Inc.