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World Robotics Technology Market

- Opportunities and Forecasts, 2014 - 2020
 Report Code: IC 15125
 Pages: 131
 Format: PDF Exel CD_rom
pub_n Published: May 2015
tab_nTables: 35
aut_nAuthor(s):

Robotics Technology, is a combination of machine tools and computer applications, used for the designing, manufacturing and application of robots. Use of robotics technology allows consumers to automate processes, increase productivity, enhance quality and reduce human errors. Robotics technology is used in a wide range of industries including healthcare, defense, aerospace, automotive and infrastructure. Robots can be used for numerous activities which include assembling products, detecting and defusing bombs, surgical operations, product inspection, space missions, and domestic works such as cleaning and other household chores. The impending need of automation solutions is a major factor that drives this market. Manufacturers are increasingly opting for process automation, owing to the rise in labor costs and market competition. A dynamic rise in the number of smartphones and tablets supplements the process of robot development and contributes to the growth of the global market. Additionally, emerging technologies in robotics and cost reduction in products with the use of robots supplement the market growth. With the growth of robotics technology, there will be a significant increase in the number of jobs available for the human workforce. Lack of awareness about the advantages of robots in the market, along with the high installation cost of robotics technology are the major drawbacks for this market. The growing demand for automation in mechanical, aerospace and defense industries, along with the growing adoption of new technologies like nano-robotics and cloud robotics, highlight the growth opportunities for players in the market. There has been an increase in the adoption of robotics by SMEs, owing to the development of small, compact and affordable robots by the key players in the market.

The vendors in the market offer a wide range of robotics systems to meet the requirement of the customers. The development of robots require high quality hardware and software to control the robots operations and integration along with its auxiliary systems in a working environment. The key players in the market are developing small, compact, energy efficient and low cost robotics systems, which can be used in a wide range of industries, particularly by SMEs. Additionally, the vendors in the market are acquiring and collaborating with the top companies in the market, to enhance their product portfolio. For instance, in September 2014, ABB introduced a new dual arm robot named Yumi, to work in collaboration with humans and ease the process of automation. This launch will further enhance the companys offerings and support its growth. In June 2013, Yaskawa acquired Agile Planet to strengthen its product portfolio of robotics as well as motion control. This acquisition would also enable Yaskawa to expand its geographic presence. Other key players dominating this market are ABB Group, Adept Technology, Fanuc Corporation, Yaskawa Electric Corporation, KUKA AG, Intuitive Surgical, Yamaha Corporation, Kawasaki Heavy Industries, Honda Motor Co Ltd and iRobot.

The global Robotics Technology market is segmented on the basis of types of robots, components, applications and geography. The various types of robots used across different industries include industrial robots, service robots and mobile robots. Industrial robots account for a larger share among others. The component segment is further categorized into hardware, software, and services. The different hardware components include sensors, controllers, effectors, power supply and actuators. Robotic technology finds applications across a wide range of domains including healthcare, defense and security, automotive, aerospace, infrastructure, industrial and residential. The microscopic analysis of the market has been performed by examining various regions such as North America, Europe, Asia-Pacific and LAMEA.

Robotics Technology Market Size, Share, Analysis and Forecast

KEY SEGMENTATIONThe market is segmented based on Types, Components, Applications and Geography.MARKET BY TYPES

  • Industrial Robots
  • Service Robots
  • Mobile Robots
  • Others

MARKET BY COMPONENTS

  • Hardware
  • Software
  • Services

MARKET BY APPLICATIONS

  • Healthcare
  • Defense and Security
  • Aerospace
  • Automotive
  • Electronics
  • Domestic
  • Others

MARKET BY GEOGRAPHY

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

KEY PLAYERS

  • ABB Group
  • Adept Technology
  • Fanuc Corporation
  • Yaskawa Electric Corporation
  • KUKA AG
  • iRobot
  • Intuitive Surgical
  • Honda Motor Co., Ltd.
  • Yamaha Corporation
  • Kawasaki Heavy Industries
Table Of Contents
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Title/ Chapter Name Chapter Price

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tool and models

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Chapter: 2 EXCECUTIVE SUMMARY

2.1 CXO perspective
2.2 Market beyond: what to expect by 2025

2.2.1 Base case scenario
2.2.2 Optimistic case scenario
2.2.3 Critical case scenario

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Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Value chain analysis
3.4 Market share analysis
3.5 Porter’s five forces analysis

3.5.1 Stringent safety regulations, high switching costs, and high investment in product differentiation reduces the threats of new entrants
3.5.2 Unavailability of other automation solutions lowers the threat of substitution
3.5.3 High product differentiation and low switching cost increases the bargaining power of suppliers
3.5.4 Large number of buyers, product differentiation, and high switching costs reduces the bargaining power of buyers
3.5.5 High product differentiation, high switching costs, and diverse product offerings reduces the rivalry in the market

3.6 Case studies
3.7 Market dynamics

3.7.1 Drivers
3.7.2 Restraints
3.7.3 Opportunities

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Chapter: 4 GLOBAL ROBOTICS TECHNOLOGY MARKET, BY TYPE

4.1 Industrial Robots

4.1.1 Key market trends
4.1.2 Competitive scenario
4.1.3 Key growth factors and opportunities
4.1.4 Market size and forecast

4.2 Mobile Robots

4.2.1 Key market trends
4.2.2 Competitive scenario
4.2.3 Key growth factors and opportunities
4.2.4 Market size and forecast

4.3 Service Robots

4.3.1 Key market trends
4.3.2 Competitive scenario
4.3.3 Key growth factors and opportunities
4.3.4 Market size and forecast

4.4 Others

4.4.1 Key market trends
4.4.2 Competitive scenario
4.4.3 Key growth factors and opportunities
4.4.4 Market size and forecast

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Chapter: 5 GLOBAL ROBOTICSTECHNOLOGY MARKET, BY COMPONENTS

5.1 Hardware

5.1.1 Key market trends
5.1.2 Competitive scenario
5.1.3 Key growth factors and opportunities
5.1.4 Market size and forecast

5.2 Software

5.2.1 Key market trends
5.2.2 Competitive scenario
5.2.3 Key growth factors and opportunities
5.2.4 Market size and forecast

5.3 Services

5.3.1 Key market trends
5.3.2 Competitive scenario
5.3.3 Key growth factors and opportunities
5.3.4 Market size and forecast

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Chapter: 6 GLOBAL ROBOTICS TECHNOLOGY MARKET, BY APPLICATIONS

6.1 Healthcare

6.1.1 Market size and forecast

6.2 Defense and Security

6.2.1 Market size and forecast

6.3 Aerospace

6.3.1 Market size and forecast

6.4 Automotive

6.4.1 Market size and forecast

6.5 Electronics

6.5.1 Market size and forecast

6.6 Domestic

6.6.1 Market size and forecast

6.7 Others

6.7.1 Market size and forecast

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Chapter: 7 GLOBAL ROBOTICS TECHNOLOGY MARKET, BY GEOGRAPHY

7.1 North America

7.1.1 Key market trends
7.1.2 Competitive scenario
7.1.3 Key growth factors and opportunities
7.1.4 Market size and forecast

7.2 Europe

7.2.1 Key market trends
7.2.2 Competitive scenario
7.2.3 Key growth factors and opportunities
7.2.4 Market size and forecast

7.3 Asia Pacific

7.3.1 Key market trends
7.3.2 Competitive scenario
7.3.3 Key growth factors and opportunities
7.3.4 Market size and forecast

7.4 LAMEA

7.4.1 Key market trends
7.4.2 Competitive scenario
7.4.3 Key growth factors and opportunities
7.4.4 Market size and forecast

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Chapter: 8 COMPANY PROFILE

8.1 ABB Group

8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Business performance
8.1.4 Key strategies and developments
8.1.5 SWOT analysis of ABB Group

8.2 Adept Technology

8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Business performance
8.2.4 Key strategies and developments
8.2.5 SWOT analysis of Adept technology

8.3 Yaskawa Electric Corporation

8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Business performance
8.3.4 Key strategies and developments
8.3.5 SWOT analysis of Yaskawa Electric Corporation

8.4 Fanuc Corporation

8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Business performance
8.4.4 Key strategies and development
8.4.5 SWOT analysis of Fanuc Corporation

8.5 KUKA AG

8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Business performance
8.5.4 Key strategies and developments
8.5.5 SWOT analysis of KUKA AG

8.6 iRobot

8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Business performance
8.6.4 Key strategies and developments
8.6.5 SWOT analysis of iRobot.

8.7 Intuitive Surgical

8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Business performance
8.7.4 Key strategies and developments
8.7.5 SWOT analysis of Intuitive Surgical

8.8 Honda Motor Co., Ltd.

8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Business performance
8.8.4 Key strategies and developments
8.8.5 SWOT analysis of Honda Motor Co., Ltd

8.9 Kawasaki Heavy Industries, Ltd

8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Business performance
8.9.4 Key strategies and developments
8.9.5 SWOT analysis of Heavy Industries, Ltd

8.10 Yamaha Corporation

8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Business performance
8.10.4 Key strategies and developments
8.10.5 SWOT analysis of Yamaha Corporation

LIST OF TABLES

TABLE 1 GLOBAL ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY, 2013-2020 ($MILLION)
TABLE 2 GLOBAL ROBOTICS TECHNOLOGY BASE CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020-2025 ($MILLION)
TABLE 3 ROBOTICS TECHNOLOGY OPTIMISTIC CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020-2025 ($MILLION)
TABLE 4 ROBOTICS TECHNOLOGY CRITICAL CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020-2025 ($MILLION)
TABLE 5 GLOBAL ROBOTICS TECHNOLOGY MARKET REVENUE BY PRODUCT TYPE, 2013-2020 ($MILLION)
TABLE 6 GLOBAL INDUSTRIAL ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY, 2013-2020 ($MILLION)
TABLE 7 GLOBAL MOBILE ROBOTICS MARKET REVENUE BY GEOGRAPHY, 2013-2020 ($MILLION)
TABLE 8 GLOBAL SERVICE ROBOTICS MARKET REVENUE BY GEOGRAPHY, 2013-2020 ($MILLION)
TABLE 9 GLOBAL OTHER ROBOTICS MARKET REVENUE BY GEOGRAPHY, 2013-2020 ($MILLION)
TABLE 10 GLOBAL ROBOTICS TECHNOLOGY MARKET REVENUE BY COMPONENTS 2013-2020 ($MILLION)
TABLE 11 GLOBAL ROBOTICS TECHNOLOGY HARDWARE COMPONENT MARKET REVENUE BY REGION 2013-2020 ($MILLION)
TABLE 12 GLOBAL ROBOTICS TECHNOLOGY SOFTWARE COMPONENT MARKET REVENUE BY REGION 2013-2020 ($MILLION)
TABLE 13 GLOBAL ROBOTICS TECHNOLOGY SERVICE COMPONENT MARKET REVENUE BY REGION 2013-2020 ($MILLION)
TABLE 14 GLOBAL ROBOTICS TECHNOLOGY MARKET REVENUE BY APPLICATION 2013-2020 ($MILLION)
TABLE 15 GLOBAL HEALTHCARE ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY 2013-2020 ($MILLION)
TABLE 16 GLOBAL DEFENSE AND SECURITY ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY 2013-2020 ($MILLION)
TABLE 17 GLOBAL AEROSPACE ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY 2013-2020 ($MILLION)
TABLE 18 GLOBAL AUTOMOTIVE ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY 2013-2020 ($MILLION)
TABLE 19 GLOBAL ELECTRONICS ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY 2013-2020 ($MILLION)
TABLE 20 GLOBAL DOMESTIC ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY 2013-2020 ($MILLION)
TABLE 21 GLOBAL OTHER APPLICATIONS ROBOTICS TECHNOLOGY MARKET REVENUE BY GEOGRAPHY 2013-2020 ($MILLION)
TABLE 22 GLOBAL NORTH AMERICA ROBOTICS TECHNOLOGY MARKET REVENUE BY TYPE 2013-2020 ($MILLION)
TABLE 23 GLOBAL EUROPE ROBOTICS TECHNOLOGY MARKET REVENUE BY TYPE 2013-2020 ($MILLION)
TABLE 24 GLOBAL ASIA-PACIFIC ROBOTICS TECHNOLOGY MARKET REVENUE BY TYPE 2013-2020 ($MILLION)
TABLE 25 GLOBAL LAMEA ROBOTICS TECHNOLOGY MARKET REVENUE BY TYPE 2013-2020 ($MILLION)
TABLE 26 ABB GROUP SNAPSHOT
TABLE 27 ADEPT TECHNOLOGYSNAPSHOT
TABLE 28 YASKAWA ELECTRIC CORPORATION SNAPSHOT
TABLE 29 FANUC CORPORATION SNAPSHOT
TABLE 30 KUKA AG SNAPSHOT
TABLE 31 IROBOT SNAPSHOT
TABLE 32 INTUITIVE SURGICAL SNAPSHOT
TABLE 33 HONDA MOTOR CO., LTD. SNAPSHOT
TABLE 34 KAWASAKI HEAVY INDUSTRIES, LTD SNAPSHOT
TABLE 35 YAMAHA CORPORATION SNAPSHOT

LIST OF FIGURES

FIG. 1 TOP IMPACTING FACTORS, BASE CASE SCENARIO (2020-2025)
FIG. 2 TOP IMPACTING FACTORS, OPTIMISTIC CASE SCENARIO (2020-2025)
FIG. 3 TOP IMPACTING FACTORS, CRITICAL CASE SCENARIO (2020-2025)
FIG. 4 TOP IMPACTING FACTORS
FIG. 5 TOP INVESTMENT POCKETS
FIG. 6 TOP WINNING STRATEGIES IN GLOBAL ROBOTICS TECHNOLOGY MARKET
FIG. 7 TOP WINNING STRATEGIES IN GLOBAL ROBOTICS TECHNOLOGY BY LEADING PLAYERS
FIG. 8 VALUE CHAIN ANALYSIS OF ROBOTICS TECHNOLOGY MARKET
FIG. 9 MARKET SHARE ANALYSIS OF ROBOTICS SUPPLIERS
FIG. 10 PORTER'S FIVE FORCES MODEL
FIG. 11 REVENUE GENERATED BY ABB GROUP ($MILLION, 2012 - 2014)
FIG. 12 REVENUE OF ABB GROUP IN PERCENTAGE BY BUSINESS SEGMENTS 2014
FIG. 13 REVENUE OF ABB GROUP IN PERCENTAGE BY GEOGRAPHY 2014
FIG. 14 SWOT ANALYSIS OF ABB GROUP
FIG. 15 REVENUE GENERATED BY ADEPT TECHNOLOGY ($MILLION, 2012 - 2014)
FIG. 16 REVENUE OF ADEPT TECHNOLOGY IN PERCENTAGE BY BUSINESS SEGMENTS (2014)
FIG. 17 REVENUE OF ADEPT TECHNOLOGY IN PERCENTAGE BY GEOGRAPHY (2014)
FIG. 18 SWOT ANALYSIS OF ADEPT TECHNOLOGY
FIG. 19 REVENUE GENERATED BY YASKAWA ELECTRIC CORPORATION ($MILLION, 2012 - 2014)
FIG. 20 REVENUE OF YASKAWA ELECTRIC CORPORATION IN PERCENTAGE BY BUSINESS SEGMENTS 2014
FIG. 21 REVENUE OF YASKAWA ELECTRIC CORPORATION IN PERCENTAGE BY GEOGRAPHY 2014
FIG. 22 SWOT ANALYSIS OF YASKAWA ELECTRIC CORPORATION
FIG. 23 REVENUE GENERATED BY FANUC CORPORATION ($MILLION, 2013- 2014)
FIG. 24 REVENUE OF FANUC CORPORATION IN PERCENTAGE BY BUSINESS SEGMENT 2014
FIG. 25 REVENUE OF FANUC CORPORATION IN PERCENTAGE BY GEOGRAPHY 2014
FIG. 26 SWOT ANALYSIS OF FANUC CORPORATION
FIG. 27 REVENUE GENERATED BY KUKA AG ($MILLION, 2012 - 2014)
FIG. 28 REVENUE OF KUKA AG IN PERCENTAGE BY BUSINESS SEGMENTS 2014
FIG. 29 REVENUE OF KUKA AG IN PERCENTAGE BY GEOGRAPHY 2014
FIG. 30 SWOT ANALYSIS OF KUKA AG
FIG. 31 REVENUE GENERATED BY IROBOT ($MILLION, 2012 - 2014)
FIG. 32 REVENUE OF IROBOT IN PERCENTAGE BY BUSINESS SEGMENTS 2014
FIG. 33 SWOT ANALYSIS OF IROBOT
FIG. 34 REVENUE GENERATED BY INTUITIVE SURGICAL ($MILLION, 2012 - 2014)
FIG. 35 REVENUE OF INTUITIVE SURGICAL IN PERCENTAGE BY OPERATING SEGMENTS 2014
FIG. 36 SWOT ANALYSIS OF INTUITIVE SURGICAL
FIG. 37 REVENUE GENERATED BY HONDA MOTOR CO., LTD. ($MILLION, 2012 - 2014)
FIG. 38 REVENUE OF HONDAMOTOR CO., LTD.IN PERCENTAGE BY BUSINESS SEGMENTS 2014
FIG. 39 REVENUE OF HONDA MOTOR CO., LTD. IN PERCENTAGE BY GEOGRAPHY 2014
FIG. 40 SWOT ANALYSIS OF HONDA MOTOR CO., LTD.
FIG. 41 REVENUE GENERATED BY KAWASAKI HEAVY INDUSTRIES, LTD ($MILLION, 2012 - 2014)
FIG. 42 REVENUE OF KAWASAKI HEAVY INDUSTRIES, LTD IN PERCENTAGE BY BUSINESS SEGMENTS 2014
FIG. 43 REVENUE OF KAWASAKI HEAVY INDUSTRIES, LTD IN PERCENTAGE BY GEOGRAPHY 2014
FIG. 44 SWOT ANALYSIS OF KAWASAKI HEAVY INDUSTRIES, LTD
FIG. 45 REVENUE GENERATED BY YAMAHA CORPORATION ($MILLION, 2011 - 2013)
FIG. 46 REVENUE OF YAMAHA CORPORATION IN PERCENTAGE BY OPERATING SEGMENTS 2014
FIG. 47 REVENUE OF YAMAHA CORPORATION IN PERCENTAGE BY GEOGRAPHY2014
FIG. 48 SWOT ANALYSIS OF YAMAHA CORPORATION

 

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Global Robotics Technology Market, with the increasing need for automation, would grow massively in the coming years. Earlier, robotics solutions were primarily used in automotive industry. However, with the advent of advanced technology and increasing awareness about the benefits of robots, other industries including healthcare, aerospace, agriculture, defense and security, food and beverage are also adopting robotics to efficiently manage their processes. Key players in the market are developing innovative robotics systems that play a critical role in tele-surgery, pharmacy, space exploration, bomb diffusion, security and surveillance and taking care of the elderly and disabled. Robots enable organizations to deliver better quality products or services by automating the entire process, increasing production output and reducing operating costs. High labor costs and stiff competition in the market, have pushed organizations to adopt process automation which has stimulated the growth of robotics technology market. Rise in the use of smartphones and other smart technologies, also drives this market.

 

Installation of robotics system requires high initial cost. The process of integrating the robot into its working environment, usually costs a lot more than the actual price of the robot. However, major players in the market are developing low cost, compact, affordable and energy efficient robotics solutions. These customized affordable robots are aimed at serving the needs of small and medium sized enterprises. SMEs provide a major growth opportunity to the players in the market. There have been substantial investments for research and development by public and private organizations in the market to explore further technologies and applications of robotics. However, high prices, complex technologies and human dependency restrict the growth of the market. The stringent safety regulations for the operation of robots while working in collaboration with humans, also limit their adoption.  APAC is the major revenue generating region, followed by Europe. In the coming years, it is expected that the growth of robotics in North America and LAMEA will also increase tremendously.

 

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