Definition:
The Industrial Robotics market covers use cases that focus on the design, manufacturing, and deployment of robotic systems for industrial applications. The market encompasses the use of robots and automation technologies in manufacturing processes, assembly lines, and other industrial settings. This is to improve productivity, efficiency, and precision.
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.
The top five industries that use robotics are the automotive, chemical, metal, electronic, and food industries; however, other industries are also implementing various robotics use cases, but not on the same scale as these top five.
Structure:
The Industrial Robotics market is further split into Automotive Industry Robotics, Chemical Industry Robotics, Electric/Electronic Industry Robotics, Food Industry Robotics, Metal Industry Robotics, and Other Industry Robotics.
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, Epson Robotics, Midea Group, and Yaskawa Electric Corporation.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Company Insights
Most recent update: Aug 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
The Industrial Robotics market in D-A-CH is experiencing moderate growth, with factors such as increasing adoption of automation, demand for precision and efficiency, and advancements in technology driving the market. However, the market is also impacted by the average decline in the growth rate, which can be attributed to factors such as high initial investment costs and concerns over job displacement. Nevertheless, the market is expected to continue growing as industries in D-A-CH increasingly recognize the benefits and potential of industrial robotics.
Customer preferences: The Industrial robotics Market within the Robotics Market has experienced a rise in demand for collaborative robots, also known as cobots, due to their ability to work alongside humans and their cost-effectiveness. This has been driven by a shift in consumer preferences towards flexible and efficient production processes. Additionally, there has been a growing trend towards the integration of artificial intelligence and machine learning technologies in industrial robots, enabling them to perform more complex tasks and adapt to changing environments. This shift is attributed to the need for increased automation and productivity in manufacturing processes.
Trends in the market: In the D-A-CH region, the Industrial robotics Market is experiencing a surge in demand for collaborative robots, or cobots, which are designed to work safely alongside humans. This trend is driven by the need for flexible and efficient production processes. Additionally, there is a growing focus on integrating artificial intelligence and machine learning capabilities into industrial robots. These developments are significant as they enable greater automation and customization in manufacturing, leading to increased productivity and cost savings. Industry stakeholders must stay informed and adapt to these trends to remain competitive in the Robotics Market market.
Local special circumstances: In Germany, the Industrial robotics market is heavily influenced by the country's strong manufacturing sector. With a high demand for precision and efficiency in production processes, German companies have been quick to adopt industrial robots. Additionally, the government's focus on promoting Industry 4.0 and investing in research and development has further spurred the growth of the market. In Switzerland, the market is driven by the strict regulations and high safety standards in industries such as pharmaceuticals and food processing, leading to the adoption of advanced robotics solutions. The market in Austria is characterized by a strong focus on innovation and sustainability, with a growing demand for collaborative robots in small and medium-sized enterprises.
Underlying macroeconomic factors: The growth of the Industrial robotics market is also influenced by macroeconomic factors such as technological advancements, government support, and investment in manufacturing infrastructure. Countries with favorable regulatory environments and strong investment in industrial automation technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding for manufacturing. Additionally, the increasing demand for efficient and cost-effective production processes, along with the growing need for skilled labor, is driving the adoption of industrial robotics in D-A-CH countries.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Data coverage:
The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.Modeling approach / Market size:
Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.Additional notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights