Industrial Robotics Market and Forecast to 2024
                     
Industrial Robotics Market - Overview
The global industrial robotics market was valued at just over US$ 16 Billion 
in 2017, and is likely to grow at a double digit CAGR between 2018 and 
2024. The demand for industrial robotics is anticipated to grow 
exponentially during the forecasting period driven by advantages such as 
cost reduction, improved quality, increased production, and improved 
workplace health and safety. 
        Global –  Industrial Robotics Market (Billion US$), 2009 - 2017
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The adoption of automation to ensure quality production and 
meet market demand, and the growing demand from small- 
and medium-scale enterprises in developing countries is 
fueling the growth of industrial robotics market globally.
       Global – Forecast for Industrial Robotics Market (Billion US$), 2018 - 2024 
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 By Segment – Industrial Robotics Market and Forecast
• The automotive industry   By Segment – Industrial Robotics Market Share (Percent), 2017
accounted for highest share of the 
industrial robotics market in 2017, 
followed by electrical and 
electronics segment. 
• The market for industrial robotics 
in the electrical and electronics 
industry is expected to grow at 
double digit CAGR between 2018 
and 2024. 
 By Segment - Forecast for Industrial Robotics Market Share (Percent), 2024
• The metal industry is the third 
largest market for industrial 
robotics. 
• Chemical, rubber and plastics 
industry is the fourth largest market 
for industrial robotics market, while 
food industry accounted for least 
share of the global industrial 
robotics market.
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 By Region – Industrial Robotics Market & Forecast 
    By Region – Industrial Robotics Volume Share (Percent), 2017
• In terms of region, the five major markets 
including China, South Korea, Japan, United 
States, and Germany accounts for around 73% 
of the total robotics sales volume in 2017.
• Asia/Australia is the world's largest market 
for industrial robots, driven by growing demand 
for industrial robots from small- and medium-
      By Region -  Forecast for Industrial Robotics Market Share (Percent), 2024
scale enterprises in China, Japan, South Korea, 
and India. 
• Europe is the second leading region for 
industrial robotics market, followed by the 
Americas at the third spot. 
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iGATE RESEARCH report titled “Industrial Robotics Market 
and Volume Analysis by Application (Automotive Industry, 
Electrical/Electronics, Metal, Chemical, Rubber and Plastics, 
Food, Others, Unspecified), Geographical Distribution and 
Key Players Analysis - Global Forecast to 2024”provides a 
comprehensive analysis of the Global Industrial Robotics 
Market.
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This 103 Page report with 43 Figures and 6 Tables has been analyzed from 7 viewpoints:
1. Global Industrial Robotics Market and Forecast (2009 - 2024)
2. Global Industrial Robotics Volume and Forecast (2009 - 2024)
3. Global Industrial Robotics Market and Forecast - By Segment (2009 - 
2024)
4. Global Industrial Robotics Volume and Forecast - By Segment (2009 - 
2024)
5. Industrial Robotics Volume and Forecast - Region and Country Wise 
Distribution (2010 - 2024)
6. Key Player - Sales and SWOT Analysis (2010 - 2024)
7. Global Industrial Robotics Market - Growth Drivers and Challenges
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 By Segment – Industrial Robotics Market and Forecast
1. Automotive Industry
2. Electrical/Electronics Industry
3. Metal Industry
4. Chemical, Rubber and Plastics Industry
5. Food Industry
6. Others Industry
7. Unspecified Industry
                
             By Region – Industrial Robotics Market and Forecast
1. Americas • Republic of Korea • United Kingdom
• Taiwan
• United States • Other Europe
• Thailand
• Canada
• Vietnam 4. Africa
• Brazil
• Other Asia/Australia
• Mexico 5. Rest of the World (ROW)
3. Europe
• Rest of South America
2. Asia/Australia • Central/Eastern Europe
• France
• China
• Germany
• India
• Italy
• Japan
• Spain
By Key Players – Industrial Robotics Market and Forecast
1. KUKA AG 4. Intuitive Surgical 
2. Adept Technology (Acquired by OMRON) 5. Nachi-Fujikoshi 
3. iRobot Corporation 6. Yaskawa Electric Corporation 
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Report Title:  
“Industrial Robotics Market and Volume Analysis by Application (Automotiv
e Industry, Electrical/Electronics, Metal, Chemical, Rubber and Plastics, Fo
od, Others, Unspecified), Geographical Distribution and Key Players Analys
is - Global Forecast to 2024”
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