LATIN AMERICA INDUSTRIAL ROBOTS MARKET 2021-2028

Automation | Robotics

LATIN AMERICA INDUSTRIAL ROBOTS MARKET 2021-2028

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

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Triton’s report estimated that the Latin American industrial robots market is likely to surge at a CAGR of 9.21% during the predicted period 2021-2028.


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The countries scrutinized in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

In the region, the adoption of autonomous mobile robots is gaining significant traction. Additionally, the surged adoption of new technologies, innovation in AI, and expansion of automotive industries are key factors influencing the growth of the industrial robots market across the region. Other than this, the rising acceptance of industrial robots is a major factor driving the growth of the industrial robots market across Latin America.

In Brazil, the majority of industrial robots are sold in the automobile sector. This has encouraged companies in the electronics, food and beverage, and aerospace industries to adopt robots for various processes. Additionally, companies like Philips, Ford, GM, and Nestle, have deployed robotic work cells in the past years. Recently, Accenture acquired Pollux, a Brazilian company offering industrial robotics and automation systems, to boost its digital manufacturing, operations, and supply chain capabilities. Besides, the rising use of industrial robots proliferates the growth of the industrial robots market across Brazil.

Mexico is incorporating new technologies in its digital infrastructure. Moreover, it has started using industrial robots across various manufacturing sectors. Along with this, major automotive companies with production facilities in the country, including Toyota, Nissan, Ford, and Kenworth, are implementing robotics. Hence, these factors are motivating the development of the Mexican industrial robots market.

Kuka AG is a manufacturer and supplier of industrial robots and automated production systems and solutions. The company’s product portfolio includes industrial robots, automated manufacturing systems, and transmission assembly systems for cars. It is also involved in offering engineering services to its clients. The company markets its products across multiple industries, including electronics, plastics, automotive, and healthcare industries. Kuka has operations across numerous regions, including Latin America. 

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Table of Content

1. LATIN AMERICA 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. LATIN AMERICA 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. LATIN AMERICA 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. LATIN AMERICA 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. LATIN AMERICA INDUSTRIAL ROBOTS MARKET – REGIONAL OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

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: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

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

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

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

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

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY TYPE, 2020 & 2028 (IN %)

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

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

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

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

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

FIGURE 8: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY APPLICATION, 2020 & 2028 (IN %)

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

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

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

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

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

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

FIGURE 15: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY VERTICALS, 2020 & 2028 (IN %)

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

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

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

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

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

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

FIGURE 22: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

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

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

FIGURE 25: REST OF LATIN AMERICA INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)

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