The Robotics System Integration Market is being driven by Increase in demand for cobots
The Robotics System Integration Market is expected to grow at a CAGR of 10.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6180.5 million. The industrial robotics market is experiencing significant growth due to the increasing adoption of automation in industries that have historically relied on manual labor. This trend is particularly evident in sectors with labor shortages, such as construction, where robotics integration is poised to increase efficiency. In regions like the Nordic countries, which are witnessing a construction boom, the demand for robotics system integration specialists is expected to rise. Small and medium-sized enterprises (SMEs) represent a major growth opportunity for the global robotics system integration market, as they seek to improve productivity and competitiveness through the implementation of advanced automation solutions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
213 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.7% |
Market growth 2025-2029 |
USD 6180.5 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
9.4 |
Key countries |
China, US, Japan, South Korea, Germany, UK, France, Canada, Brazil, and Saudi Arabia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Robotics System Integration Market encompasses various technologies and applications, including Robot Programming, Robot Simulation, and Calibration. It also covers Robot Maintenance, Motion Control, Path Planning, Object Recognition, and 3D Printing with Additive Manufacturing. Augmented Reality (AR) and Virtual Reality (VR) are integrated for Remote Monitoring, Data Acquisition, and Visualization. Process Monitoring and Control ensure Quality Assurance, while Workforce and Operator Training, Safety Protocols, and Risk Assessment are essential. Business Process Automation and Workflow Optimization include Automated Material Handling, Sorting, Dispatching, Inventory Management, Order Fulfillment, Fleet Management, Remote Operations, Cloud-Based Robotics, Open Source Robotics, Modular Robotics, Robotics Standards, and Industry Best Practices.
In the realm of business and industrial automation, Robotics System Integration holds significant importance as a sub-segment of the broader Industrial Machinery and Supplies and Components Market. This market encompasses companies manufacturing industrial machinery and components, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio, the market size is determined by the combined revenue generated from these machinery and component manufacturers for use in industrial settings. The global industrial machinery and supplies and components market is poised for growth due to increasing industrial output in process and discrete industries, driven by the expanding economies of developing countries. Specifically, the demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages continues to surge, necessitating capacity additions and subsequent robotics system integration in manufacturing and warehouse automation processes.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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