ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET 2021-2028

Automation | Robotics

ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET 2021-2028

Market by Type, Application, Verticals, and Country | Forecast 2021-2028

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As mentioned in Triton’s research report, the Asia-Pacific industrial robots market is projected to grow at 11.04% of the compound annual growth rate during the forecasted period 2021-2028.


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The countries considered in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of Asia-Pacific

In the region, numerous manufacturers are shifting focus towards robotic automation to enhance productivity and output quality. This will enable workers to concentrate on higher-skilled tasks while preventing injuries during the production process. Further, many companies are shifting production units from China to other nations in the region, owing to lower labor costs and infrastructure improvements. Hence, these factors are supporting the development of the industrial robots market in the APAC region.

China’s robotics industry witnessed a surge in 2020, despite slowed manufacturing due to COVID-19. This was mainly due to the modernization and digitalization of production areas to combat the pandemic. Further, the country aims to expand its range of industrial robots from conventional payload handling robots to new collaborative robots to integrate completely in workplaces in the next few years.

Along with this, several well-established brands have a strong presence in the country, including ABB, Yaskawa, and Kuka. Besides, companies like Xiao and CloudMinds have grown significantly, owing to rapid industrial and technological equipment. Hence, these factors are widening the scope and growth of the industrial robots market within China.

Seiko Epson Corporation develops, manufactures, and sells services for products in printing solutions, visual communication, and other businesses. Its wearable and industrial products segment offers wristwatches, factory automation products, industrial robots, IC handles, quartz sensors, and other automotive and industrial equipment sectors. Moreover, it offers CMOS LSIs and other chips for consumer electronics and automotive applications. Seiko serves clients globally, with headquarters in Japan. 

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Table of Content

1. ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON INDUSTRIAL ROBOTS MARKET

2.2. KEY INSIGHTS

2.2.1. GROWING INDUSTRIAL IOT 4.0

2.2.2. USE OF ROBOTS TO REDUCE CARBON FOOTPRINT

2.2.3. INCORPORATING HUMAN-ROBOT INTERACTION IN INDUSTRIAL ROBOTS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. CONTRACTS & AGREEMENTS

2.6.2. PRODUCT LAUNCHES

2.6.3. INVESTMENTS & EXPANSIONS

2.7. MARKET DRIVERS

2.7.1. RISING R&D INVESTMENTS IN ROBOTS

2.7.2. INCREASING ADOPTION OF INDUSTRIAL ROBOTS

2.7.3. EMERGING SMART FACTORIES

2.8. MARKET CHALLENGES

2.8.1. SCARCITY OF SKILLED WORKFORCE

2.8.2. RESISTANCE AMONG EMPLOYEES

2.8.3. HIGH COST OF INDUSTRIAL ROBOTS

2.9. MARKET OPPORTUNITIES

2.9.1. EMPLOYING COBOTS IN WORKPLACES

2.9.2. ADOPTION OF AUTONOMOUS MOBILE ROBOTS (AMRS)

2.9.3. UTILIZATION OF AI IN INDUSTRIAL ROBOTS

3. ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET OUTLOOK - BY TYPE

3.1. ARTICULATED ROBOTS

3.2. CARTESIAN ROBOTS

3.3. SCARA ROBOTS

3.4. CYLINDRICAL ROBOTS

3.5. OTHER ROBOTS

4. ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET OUTLOOK - BY APPLICATION

4.1. MATERIAL HANDLING

4.2. ASSEMBLING & DISASSEMBLING

4.3. WELDING & SOLDERING

4.4. DISPENSING

4.5. PROCESSING

4.6. OTHER APPLICATIONS

5. ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET OUTLOOK - BY VERTICALS

5.1. AUTOMOTIVE

5.2. ELECTRONIC & ELECTRIC

5.3. MACHINERY PRODUCTS & METAL

5.4. CHEMICAL, PLASTICS, & RUBBER

5.5. FOOD & BEVERAGE

5.6. OTHER VERTICALS

6. ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET – REGIONAL OUTLOOK

6.1. CHINA

6.2. JAPAN

6.3. INDIA

6.4. SOUTH KOREA

6.5. ASEAN COUNTRIES

6.6. AUSTRALIA & NEW ZEALAND

6.7. REST OF ASIA-PACIFIC

7. COMPETITIVE LANDSCAPE

7.1. ABB LTD

7.2. AUROTEK CORPORATION

7.3. FANUC CORPORATION

7.4. KAWASAKI HEAVY INDUSTRIES LTD

7.5. KUKA AG

7.6. MITSUBISHI ELECTRIC CORPORATION

7.7. NACHI FUJIKOSHI CORPORATION

7.8. OMRON ADEPT

7.9. RETHINK ROBOTICS

7.10. ROCKWELL AUTOMATION INC

7.11. SCHUNK GMBH

7.12. SEIKO EPSON CORPORATION

7.13. STAUBLI INTERNATIONAL AG

7.14. UNIVERSAL ROBOTS

7.15. YAMAHA ROBOTICS

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 4: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY TYPE, 2020 & 2028 (IN %)

FIGURE 3: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY ARTICULATED ROBOTS, 2021-2028 (IN $ MILLION)

FIGURE 4: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY CARTESIAN ROBOTS, 2021-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY SCARA ROBOTS, 2021-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY CYLINDRICAL ROBOTS, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY OTHER ROBOTS, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY APPLICATION, 2020 & 2028 (IN %)

FIGURE 9: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY MATERIAL HANDLING, 2021-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY ASSEMBLING & DISASSEMBLING, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY WELDING & SOLDERING, 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY DISPENSING, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY PROCESSING, 2021-2028 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY VERTICALS, 2020 & 2028 (IN %)

FIGURE 16: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY ELECTRONIC & ELECTRIC, 2021-2028 (IN $ MILLION)

FIGURE 18: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY MACHINERY PRODUCTS & METAL, 2021-2028 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY CHEMICAL, PLASTICS & RUBBER, 2021-2028 (IN $ MILLION)

FIGURE 20: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY FOOD & BEVERAGE, 2021-2028 (IN $ MILLION)

FIGURE 21: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, BY OTHER VERTICALS, 2021-2028 (IN $ MILLION)

FIGURE 22: ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 23: CHINA INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: JAPAN INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: INDIA INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: SOUTH KOREA INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: ASEAN COUNTRIES INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: AUSTRALIA & NEW ZEALAND INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 29: REST OF ASIA-PACIFIC INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

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