Saturday, November 26, 2022

Email id: support@kenresearch.com, Contact Us : +91-9015378249

Home Manufacturing And Construction About 20 Global Players Dominate Asia Pacific Commercial and Industrial Robots Market...

About 20 Global Players Dominate Asia Pacific Commercial and Industrial Robots Market Holding Nearly 55% Revenue Says Report: Ken Research

Few Diverse Global Players Dominate the Market Holding ~55% of Revenue Share Despite Presence of about ~250 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Asia Pacific Commercial and Industrial Robots Market by Ken Research

Global Players that Constitute Just 10% of Total Number of Competitors Hold Largest Revenue Share of 55% While Regional Companies Also Have A Strong Presence and Hold 25%

Competitive Analysis by the Research Study found that the Asia Pacific Commercial and Industrial Robots market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Commercial and Industrial Robots development and execution for specific segments. The large global players even though comprise just about 5% in terms of the number of companies, hold ~55% of the market revenue share followed by regional players which account for ~25% of the market revenue. Most of the country-niche players are suppliers of components and cleaning robots. Some of these players who successfully evolve to create application-specific solutions often get acquired by large global players seeking to grow and diversify quickly.

Leading Specialist Global Players’ Ongoing Efforts To Provide Automation Solutions To A Wide Range 0f Industries Are Driving Their Revenue Growth From This Market

Detailed comparative analysis of key competitors available within the Research Study shows that specialist players such as Yaskawa, Fanuc, Kawasaki, Mitsubishi, iRobot, Robostar, and Seiko Epson are highly focused on providing robots for various applications and advanced techniques that can be used across multiple end-user industries, including automotive, electrical and electronics, plastic and chemicals and more. Furthermore, several companies and organizations are aggressively investing in R&D and advancements in AI, IoT, and Machine learning for Commercial and Industrial Robots are creating new opportunities in the market.

  • The 3rd Basic Plan for Intelligent Robots released by IFR in 2019 encourages systematic dissemination and diffusion of robotics solutions through the selection and concentration of promising sectors as well as the assignment of roles for the government and the private sector. The plan cites the following as the primary objectives for the industry to grow.

(1) Wider adoption of production robots, concentrating on the top three manufacturers- To provide 700,000 manufacturing robots (collectively) by 2023. Standard models of robot usage must first be designed for the three largest business types, such as agriculture, textiles, food and beverage, etc.

(2) Focused development of the four main service robot markets.
(3) Stabilization of the robot industry ecosystem

  • R&D and digital spending by ABB climbed to 4.8 percent of Group revenues in 2020, or over $1.3 billion. Around 7,000 researchers are employed by the corporation globally, and more than 60% of them work on software development and digitalization.
  • Asia Pacific Commercial Robots Industry

                                    Request for Sample Report@ https://bit.ly/3LwghsP

The Ongoing COVID-19 Led to New Applications of Robots

Following Covid-19, all manufacturing and construction activities ceased. Due to disrupted or constrained transportation activities, supply networks and procurement chains suffered significant difficulties. Many sectors decided to scale back their investments in automation operations as a result of a fall in both supply and demand. However, the healthcare and pharmaceutical companies began using them more frequently to deliver meals, sterile supplies, and medications to Covid facilities. For instance, Asimov Robotics, an Indian robotic startup business, created a commercial robot to alert people about the coronavirus and to hand them masks and hand sanitizers.

Increased Government Initiatives in The Commercial and Industrial Robots Industry, Adoption Of Industrial Robotics Solutions By New End-User Industries Like Healthcare And Education Led To Significant Developments In The Market

  • According to the IFR, Beijing’s “Made in China 2025” roadmap establishes precise objectives for manufacturing and other “core” industries. For instance, the following monetary targets were set for 2021 in China’s Robot Industry Development Plan:

       -Create three to five robot manufacturers that are competitive globally.

        -8–10 industrial clusters should be built.

       -45% of the home market should be taken up by high-end robots made in China.

       -Up the robot density in China to 100 robots per 10,000 workers.

  • In 2020, the Japanese government provided 1,233.5 million USD (131.9 billion JPY) for R&D in Robotics.
  • The Intelligent Robot Development and Supply Promotion Act of the Republic of Korea emphasizes robotics as a crucial component of the Fourth Industrial Revolution. The third “Basic Plan for Intelligent Robots” of the nation, released in 2019, suggested methodically choosing viable industries for focused governmental and commercial support.
  • Robots used in manufacturing, healthcare, and logistics, as well as cutting-edge parts and essential robot software, were all areas of focus for South Korea. The budget allocated by Korea for robotics in 2020 was 151 billion won ($126 million).

Key Topics Covered in the Report: –

  • Snapshot of Asia Pacific Commercial and Industrial Robots Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of Asia Pacific Commercial and Industrial Robots Market
  • Historic Growth of Overall Asia Pacific Commercial and Industrial Robots Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Asia Pacific Commercial and Industrial Robots Market Industry
  • Overview, Product Offerings, and SWOT Analysis of Key Competitors
  • Covid 19 Impact on the Overall Asia Pacific Commercial and Industrial Robots Market
  • Future Market Forecast and Growth Rates of the Total Asia Pacific Commercial and Industrial Robots Market and by Segments
  • Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
  • Analysis of Commercial and Industrial Robots Market in Major Asia Pacific Countries
  • Major Production / Consumption Hubs in the Major Asia Pacific Countries
  • Major Production/Supply and Consumption/Demand Hubs in Each Major Country
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Country

Companies Mentioned in the Report: –

  • Major Competitors in Commercial and Industrial Robots Mentioned in the Report
    • ABB
    • Yaskawa Electric Corporation
    • FANUC Corporation
    • KUKA AG
    • Kawasaki Heavy Industries Ltd
    • Mitsubishi Electric Corporation
    • Stäubli Robotics,
    • Siasun
    • Robostar
    • OMRON
    • iRobot
    • Hyundai Robotics
    • Daihen
    • COMAU
    • Seiko Epson
  • Notable Emerging Companies Mentioned in the Report
    • Sugimoto robot (Shanghai) Automation Technology Co., Ltd.
    • Jaka
    • Xpeng Robotics
    • TELEXISTENCE Inc
    • Ascent Robotics
    • PLEN Robotics
    • LOUNGE’LAB Inc.
    • Bitsensing
    • Medipixel
    • Accio Robotics
    • Sastra Robotics Pvt Ltd
    • Asimov Robotics
    • Brain Navi Biotechnology
    • Techman Robot

Time Period Captured in the Report: –

  • Historical Period: 2017-2021
  • Forecast Period: 2022-2027F

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Robots Manufacturers
  • 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 of Robots
  • Industrial OEMs of Commercial and Industrial Robots
  • Industrial Automation Solutions Providers
  • Robotics Industry Associations
  • Robotics Research Groups
  • Government Ministries of Electronics
  • Government Ministries of Heavy Industries
  • Regulatory Organizations for Robots
  • Consulting Companies in Commercial and Industrial Robots

For More Information on the Research Report, refer to below links: –

Asia Pacific Commercial Robots Market Analysis

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

RELATED ARTICLES

The Facilities Management market in the United Arab Emirates is in the growth phase with technology integration driving it forward: Ken Research

Buy Now Cloud based system: The Facilities Management Companies offers advanced cloud-based solutions with everything being recorded. These are software like Computer Aided Facilities Management...

Egypt Facility Management Market Analysis Report and Forecast to 2026: Ken Research

Buy Now Commercial Segment Led Boom: The retail & commercial sector in the country is majorly demanding hard services for air-conditioned shopping complexes, commercial buildings,...

The Kuwait Facility Management Market is growing owing to Kuwait Vision 2035, Technological advancement, Increased Public Spending on infrastructure and Sustainability: Ken Research

Buy Now “Focus on smart city development, new infrastructure developments, focus on tourism and hospitality are Major Factor Contributing towards development of Facility Management Services...

Most Popular

3 Key Insights on US$ 20 Bn Opportunity in the Global Nanomaterials Market – Ken Research

Buy Now Driven by the increasing demand for nanomaterials in the healthcare and electronics sectors among other end industries, growing investments in research & development...

An increasing ageing population, changing lifestyles, and increased private and public health care expenditure are driving growth of India Dental Services Market: Ken Research

Buy Now “The Dental Services Market in India saw a dip in the growth rate in FY’2021 due to the Covid-19 pandemic and dental clinics...

Qatar Auto Finance Market is expected to reach QR 18.9 Bn in 2026F

Buy Now Qatar will host the FIFA World Cup 2022 which is expected to increase the tourist flow (more than 1 mn tourists are...

Technology advancement, Cross Border E-commerce, and Increased local penetration by E-Commerce Platforms are some of the key growth drivers of the Singapore e-commerce industry:...

Buy Now Driven by the Entry of Home-Grown Players and Developing Logistics Infrastructure, the logistics market in Singapore has ample growth potential in the coming...