Chemical Industry Robotics - Worldwide
Worldwide- Revenue in the Chemical Industry Robotics market is projected to reach US$674.80m in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.48%, resulting in a market volume of US$691.00m by 2029.
- In global comparison, most revenue will be generated China (US$113.60m in 2024).
Definition:
The Chemical Industry Robotics market encompasses the market size of robotics in chemical industry use cases, e.g., sorting robots, assembling robots, and inspection robots.
A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmed tasks.
Additional information:
The market comprises revenues, volume, and the average price per newly installed robot. It also includes the share of collaborative robots, as well as a list of the key players in the market and their consolidated revenues. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Software revenues are not included, as industrial robots are mostly used with specific software solutions that belong to the company that deploys them.
Key players in the market include ABB, Yaskawa, and Midea Group.
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In-Scope
- Chemical Industry Robotics
Out-Of-Scope
- Automotive Industry Robotics
- Electric/Electronic Industry Robotics
- Food Industry Robotics
- Metal Industry Robotics
- Other Industry Robotics
