Industrial Robotics Market in APAC Size to grow by USD 26383.5 million between 2024-2028
According to a research report “ Industrial Robotics Market in APAC” by Application (Material handling, Welding and soldering, Assembling and disassembling, Painting and coating, Others) End-user (Automotive, Electrical and electronics, Metal and heavy machinery, Food and beverages, Others) Geography (APAC)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 26383.5 million, at a CAGR of 16.83% during the forecast period. In the APAC region, the industrial robotics market is experiencing significant growth due to technological advancements and increased investments in robotics R&D. To enhance production and operational efficiency, manufacturers are automating their processes with industrial robots, which offer minimal error margins and improved employee safety. With labor shortages in countries like Japan becoming a pressing issue, companies, particularly small and medium-sized enterprises, are prioritizing securing sufficient production line capacity. This trend is driving up demand for industrial robotics and automation technologies, making it essential for businesses to increase their investments in these areas to remain competitive..
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By Application, the Material handling segment is projected to dominate the market size in 2024
The industrial robotics market in APAC experiences significant growth, driven by the burgeoning manufacturing and e-commerce sectors. Material handling applications, including picking, packing, palletizing, and order fulfillment, are key areas of focus. Notable companies, such as Alibaba and JD.com, employ order fulfillment robots to enhance their operations. In the manufacturing sector, automotive giants like Toyota and Hyundai utilize industrial robots, including autonomous mobile robots (AMRs) and robotic arms, for assembly line processes. This market is characterized by substantial investments, groundbreaking technological innovations, and strategic partnerships, all aimed at addressing the escalating demand for efficient material handling automation solutions in APAC.
By End-user, Automotive segment is expected to hold the largest market size for the year 2024
The automotive sector in APAC is a major consumer of industrial robotics, driven by the increasing automobile manufacturing activities in countries like China, Japan, South Korea, and India. Automakers are leveraging robotics to enhance manufacturing efficiency and quality through applications such as welding, painting, assembly, and material handling. For instance, Toyota's advanced robotics are integral to its assembly line automation, while BYD, a Chinese auto manufacturer, utilizes robots for battery production. The continuous growth of the automotive industry and technological advancements in APAC are fueling the adoption of industrial robotics, presenting substantial growth opportunities.
APAC is forecasted to hold the largest market size by region in 2024
The APAC industrial robotics market is experiencing significant growth, driven by increasing automation demands in manufacturing sectors. Companies are investing in advanced robotics solutions to enhance productivity, reduce labor costs, and improve product quality. Key players in the region include Fanuc, ABB, and Yaskawa, who are expanding their presence through strategic partnerships and acquisitions. The market is expected to reach new heights due to government initiatives and technological advancements in areas such as AI, IoT, and 5G.
The Industrial Robotics Market in APAC growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Industrial Robotics market in APAC is witnessing significant growth due to the increasing demand for automation applications in various industries. Robotics technology is being integrated into various sectors such as packaging and labeling, palletizing, welding, assembly, painting, and more. The use of high-quality products like cameras, microphones, and robot sensors in industrial robots is becoming increasingly common for better precision and accuracy. Controllers and sensors play a crucial role in the functioning of robotic manipulators, including SCARA robots, robot arms, articulated robots, and collaborative robots. These mechanical machines are reprogrammable, making them versatile for different applications. The Electronic devices and semi-conductors industry is a major contributor to the Industrial Robotics market in APAC. AI-enabled robots are gaining popularity due to their ability to learn and adapt to new environments, making them ideal for complex tasks. The market is expected to continue growing, driven by the need for increased productivity and efficiency in manufacturing processes.
Market Research Overview
The Industrial Robotics market in APAC is witnessing significant growth due to the increasing adoption of automation technology in various industries. Modular robots and nanorobotics, including nanorobotics, are emerging trends in the market, offering customizable solutions for painting and dispensing, assembling and disassembling, and materials handling applications. Parallel robots, mobile robots, and SCARA robots are popular choices for metals industry and warehouses, while cylindrical and Cartesian robots are preferred in the microelectronics industry for soldering and welding. Robotic controllers, sensors, cameras, microphones, and arm-mounted tools are essential components of industrial robotics. High-quality products and automation applications require reprogrammable mechanical machines that can handle a range of tasks, from collaborative robotics in the food manufacturing sector and automotive sector to palletizing, welding, assembly, painting, and electronic devices manufacturing. The Material handling segment is expected to dominate the market, with the adoption of AI-enabled robots, robot arms, articulated robots, and collaborative robots driving growth.
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