Commercial and Industrial Robots Definition and Overview
Commercial robots are machines that can help replicate or substitute human actions in a range of application areas including transporting materials within a factory, delivering retail products, supplies, medication and meal, collecting and transmitting data, inspecting, recording videos and monitoring ongoing projects, mapping activities, and more. Industrial Robots are machines that can be automatically controlled and reprogrammed. They come with multipurpose manipulator programmability feature in three or more axes. These industrial robots can either be stationary, fixed to a specific location, or mobile for a range of industrial automation applications. The re-programmability property of industrial robots ensure that the user can change the programmed motions or auxiliary functions without physical alteration. The number of axes in these industrial robots help specify the motion of the robot, either linear or rotary.
Asia Pacific Commercial and Industrial Robots Market Outlook, Drivers, Challenges
The Asia Pacific Commercial and Industrial Robots market is expected to witness a substantial growth of more than 10% over the next five years. The growth in the use of commercial and industrial robots are driven by multiple industries. While an expected labour shortage expands its scope in the manufacturing industry, a surge in the inclination towards online purchases is anticipated to drive the growth in the use of these robots in the e-commerce industry. Ecommerce businesses are leveraging industrial and commercial robots to make their supply chain more efficient by deploying them in their distribution centres and warehouses. Use of commercial robots is also gaining traction owing to their capability of making deliveries faster. Also, the use of these robots in surveillance and communication is making them useful for areas like defence. Continued investment in R&D efforts and spending towards new product launches to capture emerging opportunities are expected to drive growth as well in this space. However, the market is often restricted by high initial investment and deployment costs, especially burdensome for small and medium-sized companies.
For any queries or feedback, reach out to the author at Support@kenresearch.com
Asia Pacific Commercial and Industrial Robots Market Value Chain Analysis
The Asia Pacific Commercial and Industrial robots market consists of providers of raw materials, such as steel, forged iron, rubber, wires and aluminium. The value chain also includes components suppliers, including the providers of panels, electric motors, sensors, etc. Once these raw materials and components are procured, the manufacturer or OEM designs, fabricates and assembles them into a range of industrial and commercial robot products. The robots are then made available to the end user industries through distributors and other channel partners.
asia pacific commercial and industrial robots market
Asia Pacific Commercial and Industrial Robots Market Segmentation
The Asia Pacific Commercial and Industrial Robots market can be segmented based on Product Type into categories such as Articulated Robots, SCARA Robots, Linear Robots, Parallel/Delta Robots, Cylindrical Robots, Autonomous Guided Robots, Field and Service Robots, and Others. Based on their mobility features, these robots can either be Fixed or Mobile. Based on their application, Commercial and Industrial Robots can be segmented into robots for Material Handling, Soldering and Welding, Assembling & Disassembling, Painting & Dispensing, Milling, Cutting and Processing, Picking and Placing, Cleaning and Others. On the basis of end-user industries, the market can be segmented into Automotive, Plastics & Chemicals, Electrical & Electronics, Metal & Machinery, Food & Beverages, Healthcare and Pharmaceuticals, Defence and Security, Retail & Hospitality and Others. Geographically, the major countries in Asia Pacific are China, Japan, South Korea, India and Taiwan.
Asia Pacific Commercial and Industrial Robots Market Competitive Landscape of Major Competitors
Some key players in the Asia Pacific Commercial and Robotics Market are ABB, Yaskawa Electric Corporation, FANUC Corporation, KUKA AG, Kawasaki Heavy Industries Ltd., Mitsubishi Electric Corporation, Stäubli Robotics, Siasun, Robostar and OMRON.
Request for Sample Report: – https://www.kenresearch.com/blog/request-for-sample-report/?Frmdetails=NzI3MjU=
Impact of Covid-19 on Asia Pacific Commercial and Industrial Robots Market
Manufacturing and construction activities came to a halt as an aftermath of the Covid-19. Procurement chains and supply lines were faced with severe challenges due to disrupted or limited transportation activities. Owing to a decline on both supply and demand sides, many industries decided to reduce their investments in automation activities. These spending cuts affected the commercial and industrial robot’s market. On the other hand, healthcare and pharmaceutical industries started deploying them more vigorously for the delivery of medicines and essential and sterile supplies, and meals in Covid wards. Ecommerce industry also leveraged robots to ramp up their warehouses and delivery hubs that were witnessing increased levels of orders online. However, since 2021 the market has rebounded and is likely to witness a steady growth due to growing preference for automation and robots in various end user industries.
Key Segments Covered in Asia Pacific Commercial and Industrial Robots Market: –
Asia Pacific Commercial and Industrial Robots Market By Product Type
Articulated Robots
SCARA Robots
Linear Robots
Parallel/Delta Robots
Cylindrical Robots
Autonomous Guided Robots
Field and Service Robots
Others
Asia Pacific Commercial and Industrial Robots Market By Mobility
Fixed
Mobile
Asia Pacific Commercial and Industrial Robots Market By Application
Material Handling
Soldering and Welding
Assembling & Disassembling
Painting & Dispensing
Milling, Cutting and processing
Picking and Placing
Cleaning
Others
Asia Pacific Commercial and Industrial Robots Market By Type of End User Industry
Automotive
Plastics & Chemicals
Electrical & Electronics
Metal & Machinery
Food & Beverages
Healthcare and Pharmaceuticals
Defence and Security
Retail & Hospitality
Others
Asia Pacific Commercial and Industrial Robots Market By Geography and Major Countries
China
Japan
South Korea
India
Taiwan
Key Competitors in Asia Pacific Commercial and Industrial Robots Market
ABB
Yaskawa Electric Corporation
FANUC Corporation
KUKA AG
Kawasaki Heavy Industries Ltd.
Mitsubishi Electric Corporation
Stäubli Robotics
Siasun
Robostar
OMRON
Time Period Captured in the Report:
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Key Target Audience:
Commercial and Industrial Robots Manufacturers
Commercial and Industrial Robots Product Assemblers
Commercial and Industrial Robots Component suppliers
Raw Material Suppliers for Commercial and Industrial Robots
Potential Investors in Commercial and Industrial Robots Companies
Value Added Resellers
Collaborative Robot Manufacturers
Industrial OEMs of Commercial and Industrial Robots
Industrial Automation Solutions Providers
Robotics Companies
Robotics Industry Associations
Robotics Research Groups
Ministries of Electronics and Engineering
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
