About Industrial Controls Robotics
The industrial control robotics systems perform, control, and screen a wide range of industrial operations and automated processes. The objective is to progress the general quality, reliability, and precision of these processes. The term industrial automation identifies the use of technologies and control systems for the intelligent management of industrial machinery and production lines. Industrial automation, therefore, is about the control of physical forms: it involves the use of physical machines and control systems to automate activities within an industrial process. Industrial robotics is a secondary branch in industrial automation and helps manufacturing in a few processes such as machining, deburring, grinding, laser grinding, grinding, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, and new launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that Japan Players will contribute the maximum growth to Global Industrial Controls Robotics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB (Switzerland), FANUC (Japan), NACHI-FUJIKOSHI (Japan), Seiko Epson (Japan), DÜrr (Germany), YASKAWA (Japan), Kawasaki Heavy Industries (Japan) and Denso Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are KUKA (Germany) and Mitsubishi Electric (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Controls Robotics market by Type (Traditional Industrial Robots and Collaborative Industrial Robots), Application (Handling, Processing, Welding and Soldering and Others (Dispensing, etc.)) and Region.
On the basis of geography, the market of Industrial Controls Robotics has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Automotive will boost the Industrial Controls Robotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Industrial Controls Robotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancement in all sector
Market Growth Drivers:
Rise in the adoption of industrial control systems and Rise in demand is due to the ability to control automated and interlinked processes
Challenges:
Interoperability and integration issues with industrial robots
Restraints:
High costs of deployment, especially for SMEs
Opportunities:
Emerging economies across the globe and Increasing automation in electronics industry
Market Leaders and their expansionary development strategies
In March 2021, Accenture has agreed to acquire Pollux, a provider of industrial robotics and automation solutions, headquartered in Joinville, Brazil. The acquisition will expand Accenture’s capabilities for clients in consumer goods, pharmaceutical and automotive industries seeking to make their factories, plants and supply chains more productive, safe and sustainable.
In May 2023, Global engineering technologies company, Renishaw, launched a newly developed product line specifically designed for the industrial automation market. Building on its existing expertise and technologies for industrial metrology applications, the new RCS product line aims to transform the process of commissioning and servicing industrial automation technologies.
Key Target Audience
Manufacturer, Supplier and Distributor, Regulatory bodies, including government agencies and NGO, Raw Material Supplier, Commercial research and development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade associations and industry bodies and End-use industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.