The Asia Pacific Commercial and Industrial Robots Market is expected to record a positive CAGR of ~17% during the forecast period 2022-2027, due to the shortage of skilled labor, the emergence of smart factories, and the increase of warehouse automation in diverse industry sectors. A rise in the tendency to make online purchases is anticipated to promote the expansion in the usage of these robots in the e-commerce business, especially in logistics hubs and warehouses. Increased investment in R&D and advancements in AI, IoT, and Machine learning are creating new opportunities in the market as well. Of late, commercial robots are also getting deployed in healthcare as they are widely used for surgical procedures, sanitation, and delivering medicines.
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- The modern industrial age we live in is driven by significant advancements across diverse sophisticated technological paradigms. The field of robotics has been able to leverage the growth witnessed by AI, ML, and IoT. With annual IoT investment expected to peak at $450 billion in 2023, intelligent robots are anticipated to become widely available across different commercial and industrial sectors.
- Robots are expected to become more mobile in near future. According to the International Federation of Robotics (IFR), unit sales of Autonomous Mobile Robots (AMRs), for instance, will increase 31% annually in the logistics sector between 2020 and 2023. At the same time, the use of AMRs in public settings will quickly rise; according to IFR, yearly growth in global unit sales will be 40%.
- The need for automation is growing, and so is the significance of robots in society. They assist in reducing expenses, boosting productivity and dependability, and relieving workers of dangerous and monotonous duties.
- As a result of the present trend towards industrial robot automation and continued technological improvement, demand for industrial robots has greatly increased since 2010. Between 2015 and 2020, annual installations increased by 9% on average yearly (CAGR).
- With a significant CAGR anticipated for the projection period, China is one of the most crucial regions within the APAC geography with a fast-expanding manufacturing sector and growing usage of commercial robots.
Key Trends by Market Segment
By Product: Articulated Product Type holds the largest share of Asia Pacific’s Commercial and Industrial Robots market.
- The automation environment is evolving as a result of autonomous mobile robots (AMRs). AMRs whiz through massive merchandise piles while transporting the newest purchases for international shipping.
- They are moving 1,000-kg payloads around a factory in place of forklifts. By transferring products from one conveyer belt to another, robots are helping production processes to become more efficient.
- In 2021, the largest share of industrial robot exports was articulated robots, followed by gantry robots.
- Collaborative robots are gaining momentum. From 2017 to 2020, the annual number of collaborative robots installed increased from 11,000 to 22,000, while the number of traditional industrial robots decreased from 389,000 to 362,000.
By Application: The Material-Handling segment accounts for the majority share of the Asia Pacific Commercial and Industrial Robots market.
- Commercial cleaning robots are one area of promise for mobile robotics, in addition to manufacturing, warehouse, and fulfillment activities. Robotic UV disinfection has become increasingly important as a result of COVID-19
By Mobility: The Mobile segment holds the largest market share in the Asia Pacific Commercial and Industrial Robots Market
- As sensors and software algorithms progress, making navigation and vision more exact, AMRs and Service robots will be able to travel in a variety of interior and outdoor locations more effortlessly.
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By End User: Electrical & Electronics holds the largest market share in the Asia Pacific Commercial and Industrial Robots Market.
- With 123,800 installations (+22% YoY) in 2021, Electrical & Electronics leads the chart among end-user industries, followed by the automobile industry with 72,600 installations (+57% YoY) and the metal and machinery industry with 36,400 installations (+29% YoY).
- In 2020, the Electrical & Electronics manufacturing sector took over as the primary user of industrial robots. To produce household appliances, electrical machinery, semiconductors, solar panels, computers, telecommunications equipment, and video and electronic entertainment products, 109,315 robots were placed into production.
- Quite significantly, in 2020, the automotive industry lost its position as the top user of Industrial robots. The total number of annual installations it had was 79,849 units (-22% YoY). This was roughly 29,500 units less than what the electronics sector saw.
By Geography: The Asia Pacific is the world’s largest Market for Commercial and industrial Robots as the region accounted for nearly 71% of installations of Commercial and Industrial Robots in the year 2020.
- China accounted for the largest share within the World as well as the Asia Pacific for the Commercial and Industrial Robots market in 2020, accounting for more than 30% of total market revenue in the Asia Pacific and around 168,400 Robot units shipped worldwide.
- Both Japan and South Korea hold more than 14 and 11 percent market share respectively within the Asia Pacific region with around 38,653 and 30,506 units Installed.
- Although it is still a smaller market for robotics, compare to China, India is expected to witness the highest growth in the forecasted period.
Competitive Landscape
- The 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 for multiple industries.
- Large global players control about 55% of the market, while regional players hold the second largest share. Some of the major players in the market include ABB, Yaskawa Electric Corporation, FANUC Corporation, KUKA AG, Kawasaki Heavy Industries Ltd., Mitsubishi Electric Corporation, Stäubli Robotics, Siasun, Robostar, and OMRON and among others.
- The leading global specialist companies such as Yaskawa, Fanuc, Kawasaki, Mitsubishi, iRobot, Robostar, and Seiko Epson are highly focused on providing significant robots for various applications that can be used across multiple industries, including Automation, Electrical and Electronics, Healthcare, and Pharmaceuticals, and more.
Ken Research has published a report title Asia Pacific Commercial and Industrial Robots Market Size, Segments, Outlook, and Revenue Forecast 2017-2027 that is segmented by Product, Application, Mobility, and End User Industries. In addition, the report also covers market size and forecasts for the region's five major countries' Commercial and Industrial Robots markets. The revenue used to size and forecast the market for each segment is USD billion.
Market Taxonomy
By Product
Articulated Robots
SCARA Robots
Linear Robots
Parallel/Delta Robots
Cylindrical Robots
Autonomous Guided Robots
Field and Service Robots
Others
By Application
Material Handling
Soldering and Welding
Assembling & Disassembling
Painting & Dispensing
Milling, Cutting, and processing
Picking and Placing
Cleaning
Others
By Mobility
Fixed
Mobile
By End User Industry
Automotive
Plastics & Chemicals
Electrical & Electronics
Metal & Machinery
Food & Beverages
Healthcare and Pharmaceuticals
Defense and Security
Retail & Hospitality
Others
By Geography
China
Japan
South Korea
India
Taiwan
Rest of Asia Pacific (Australia, Bangladesh, Brunei, Indonesia, Sri Lanka Malaysia, Philippines, Vietnam, and Others)
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