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Inspection Robots Market Share

Report ID: GMI6986
Published Date: Oct 2023
Report Format: PDF

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Inspection Robots Market Share

The inspection robots industry is highly competitive owing to the presence of key players such as:

ABB Ltd.
FANUC Corporation
KUKA AG
Mitsubishi Heavy Industries, Ltd.
Yaskawa Electric Corporation
Nachi-Fujikoshi Corporation
Kawasaki Heavy Industries, Ltd.

Significant investments in R&D to gain technological competitiveness and aggressive business strategies including technological launches as well as collaborations and long-term agreements with clients to capture market share are positively impacting market growth.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for inspection robots was USD 3.24 million in 2022 and is estimated to witness over 20% CAGR from 2023 to 2032 owing to the rising demand for collaborative robots (cobots) across multiple industries.

Market for inspection robots from the semi-autonomous type segment is estimated to observe 20% CAGR from 2023-2032 driven by higher popularity in the inspection sector to facilitate productive collaborations with human workers.

Some of the well-known inspection robots industry players are ABB Ltd., FANUC Corporation, KUKA AG, Mitsubishi Heavy Industries, Ltd., Yaskawa Electric Corporation, and Nachi-Fujikoshi Corporation.

Asia Pacific recorded more than 30% share of the global inspection robots industry in 2022, driven by robust industrialization, expanding manufacturing sectors, and increased infrastructure development.