The demand for robotics services in industries is gaining traction owing to the cost-effectiveness of the solution and increasing automation trends. Manufacturing industries are moving towards automated solutions for production and operational efficiency and reducing dependency on the human workforce. Strict government policies concerning machine and workers' safety are further contributing to the growth of the industrial robotics services market.
MARKET DYNAMICS
The industrial robotics services market is anticipated to grow in the forecast period owing to driving factors such as increasing R&D investments in the field of robotics, coupled with the growing adoption of automation solutions across industries. However, high initial costs may hamper the growth of the industrial robotics services market during the forecast period. Nevertheless, technological advancements are expected to showcase symbolic growth opportunities for the market players over the coming years.
MARKET SCOPE
The "Global Industrial Robotics Services Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of industrial robotics services market with detailed market segmentation by service type, application, and geography. The global industrial robotics services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial robotics services market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global industrial robotics services market is segmented on the basis of service type and application. Based on service type, the market is segmented as engineering and consulting, installation and commissioning, robot programming, maintenance and repair, and training. On the basis of the application, the market is segmented as material handling, assembling and disassembling, soldering and welding, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial robotics services market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The industrial robotics services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial robotics services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the industrial robotics services market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial robotics services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from industrial robotics services market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial robotics services in the global market. Below mentioned is the list of few companies engaged in the industrial robotics services market.
The report also includes the profiles of key industrial robotics services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ABB Ltd
- Bastian Solutions, Inc.
- Comau SpA
- Fanuc Corporation
- Kawasaki Heavy Industries, Ltd.
- Midea Group
- MSI Tec, Inc.
- Omron Corporation
- Wolf Robotics (Lincoln Electric)
- Yaskawa Electric Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.