Global Industrial Robots Market to Grow at a CAGR of 11.4% During the Period 2024-2032, Driven by Applications Across Segments

The global industrial robots market is expected to be driven by applications across segments, including arc welding, spot welding, materials handling, machine tending, painting, picking, packing, palletizing, assembly, mechanical cutting, grinding, deburring, polishing, gluing, adhesive sealing, spraying materials, inspection, waterjet cutting, soldering, etc. Asia is the largest market for industrial robots, with Japan and China being key markets. Germany, Italy and France are major robot markets in Europe. North America, Europe and Asia are likely to be key markets.

Traditional industrial robots differ from collaborative robots (newer technology) which are devised to function concurrently and in close proximity with a human operator; such robots are smaller but capable of being adapted to multiple functions, and come armed with modern sensors that enable them to sense the activities of workers nearby.

Made of joints and links, the arm is the key structure of an industrial robot. End-of-arm-tool (EOAT) or end effector is the most crucial component of the robot, manipulating the process or product through movement or orientation. These are used to carry out distinct processes such as measuring, welding, drilling, marking, painting, cutting, cleaning, etc.

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Industrial robots are classified by arm configuration; as a robotic arm comprises links and joints, robot configuration changes with a change in the type and number of the two elements. Common configurations include Cartesian Robot, Polar or Spherical Robot, Cylindrical Robot, Selective Compliant Articulated Robot Arm (SCARA), Delta Robot, Articulated Robot or Anthropomorphic robot.

Advantages of industrial robots include quicker rate of production, higher load capacity, enhanced safety, faster throughput lesser operating costs, reduced requirement of space, superior repeatability and precision, and superior product quality and process efficiency.

Key Findings of the Report:

• The global industrial robots market is expected to be driven by advantages afforded by industrial robots and applications across multiple industrial segments.

• Innovative solutions are expected to boost market growth.

• North America, Europe and Asia are projected to be key markets.

Market Analysis by Robot Type, Industry, and Region:

• By robot type, the market is segmented into Cylindrical, Parallel, Articulated, SCARA, , Cartesian/Linear, and Others.

• By industry, the market is divided into Electrical and Electronics, Automotive, Healthcare and Pharmaceuticals, Rubber and Plastic, Metals and Machinery, Food and Beverages, and Others.

• By region, the market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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