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Robotics Technology Market by Type (Industrial Robots, Service Robots, Mobile Robots and Others) and Application (Defense and Security, Aerospace, Automotive, Domestic and Electronics) Global Opportunity Analysis and Industry Forecast, 2013 - 2020

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IC_15125
Pages: 129
May 2015 | 15797 Views
 
Author's : Gunjan Malani
Tables: 35
Charts: 48
 

Robotics Technology Market Overview: 

Robotics Technology Market is expected to reach $82.7 billion by 2020, registering a CAGR of 10.11% during 2014 - 2020. Robotics technology is a combination of machine, tools and computer applications used for various activities including designing, manufacturing and other applications of robots. Use of robotics technology allows consumers to automate processes, increase productivity, enhance quality and reduce human errors. Robotics technology is used in wide range of industries including healthcare, defense, aerospace, automotive and infrastructure. Robots are used for numerous activities encompassing assembling products, detecting and defusing bombs, surgical operations, product inspection, space missions, cleaning and household chores. 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. With the growth of robotics technology, there would be a significant increase in the number of jobs available for the human workforce.

Rising demand for automation in industries has revolutionized the adoption of robotics technology especially in the automotive industry. With advancement of technologies like modular robotics, nano-robotics and cloud robotics, the global robotics market would receive a boost. The major players in the market are developing affordable, small, compact and energy efficient robotics solutions to reach a wider customer base.
Robotics Technology Market

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Robotics system market comprises of several small components. A robot needs to be integrated in a specific environment along with software and specialized components. Standard robots are rarely used independently. System integration phase takes care of integration of different components together in a specialized environment with specific tools, required inputs of power and production systems. The value chain of robotics technology market includes stakeholders like robot designers and suppliers of standard hardware components, suppliers of special engineered components, software providers, system integrators, and end users. Each of these players share a specific value at their point of operation, which in turn contributes to the competitive value of the product. The R&D activities, innovations, and marketing strategies enhance the value associated with the end-deliverable by each player.

Segment Overview:

Global Robotics Technology market has been analyzed and segmented based on types of robots, components, applications, and geography. The various types of robots used across different industries include industrial robots, service robots and mobile robots. Robot comprises of components such as hardware, software, and services. The type of components used in a robot determine the performance of the robot. Robots find its major applications in the field of healthcare, defense, security, automotive, aerospace, food and beverage and domestic spaces. The Global Robotics Technology market is segmented across geographies including North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East & Africa).

Asia-Pacific generated highest revenue accounting for in 2013. North America is rapidly growing region during the forecast period. North America would grow rapidly due to the adoption of robotics technology majorly in the field of defense, security and healthcare sectors. Automotive was the largest revenue-generating segment in 2013. Automotive robotics market dominates the global market due to its prominent use in automotive manufacturing industry. Aerospace robotics market would grow at the highest CAGR throughout the forecast period. Industries including healthcare, defense and security, and domestic would grow at a fast pace during the forecast period.

Top factors impacting robotics technology market

 Top factors impacting robotics technology market

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Increased labor safety concerns

With international labor safety standards becoming more stringent, robots are being employed in hazardous environments in place of humans. Robots find application in situations that are dangerous and unsafe for human beings to work, such as working in irregular terrains and handling hazardous substances. Robots enable organizations to avoid risks and reduce the number of work accidents. This factor leads to greater adoption of robotics solutions in the global market.

Greater use in diverse industries including food, agriculture, and healthcare

The utility of robotics has gained its applications in the field of food and beverage, agriculture, healthcare, and education among others. These industries are increasingly using service robots to meet their requirements and increase efficiency. Customized robots are deployed for these industries to meet their specifications. The escalating employment of robotics in diverse applications has led to tremendous growth in the market and its impact would increase in years to come.

Need for automation

With increasing need for automation in all industry sectors, use of robots has multiplied significantly. Organizations are adopting robotics to automate their processes to deliver high quality products, increase their manufacturing capabilities, provide better customer serve, and efficiently manage their processes. This factor pushes organizations to adopt robotics and further strengthening the market.

Rising labor and energy costs

Labor costs have increased worldwide, especially in developed countries. Organizations are implementing robotics solutions to reduce their labor costs and energy costs. Though the initial cost is high, robotics solutions enable them to efficiently manage their processes, while reducing their expenditure in the end. Rising costs would have a lower impact on the market in the future due to advancements in technology.

Key Benefits

  • The study provides an in-depth analysis of the Global Robotics Technology Market with current and future trends to elucidate the imminent investment pockets in the market
  • Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends in order to gain a stronger foothold in the market
  • The report provides information regarding key drivers, restraints and opportunities with impact analysis
  • Quantitative analysis of the current market and estimations through 2013-2020 are provided to showcase the financial appetency of the market
  • Porter’s five forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
  • Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain
  • Company Profiles provides an overall competitive scenario of the market

Robotics Technology Market Segment:

The market is segmented based on types, components, applications and geography:

By Type

  • Industrial Robots
  • Service Robots
  • Mobile Robots
  • Others

By Component

  • Hardware
  • Software
  • Services

By Application

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

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA
 

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

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

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 Porters 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

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

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

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

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

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

 

 

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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