Global material handling robotics market is expected to reach $46.52 billion by 2027 in terms of robot systems (including hardware, software, and service), representing a 2019-2026 CAGR of 10.65% revised by considering impact of COVID-19. The software market will grow at 12.3% annually over the forecast years, faster than hardware and service segments. The annual shipment is expected to exhibit a COVID-19-revised CAGR of 14.2% during the same period, advancing to 484 thousand units by 2027.
Highlighted with 107 tables and 120 figures, this 253-page report “Global Material Handling Robotics Market 2020-2027 by Offering, Robot Type, Product Payload, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global material handling robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2017-2019, revenue estimates for 2020, and forecasts from 2021 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view on account of COVID-19 impact. The balanced (most likely) projection is used to quantify global material handling robotics market in every aspect of the classification from perspectives of Offering, Robot Type, Product Payload, Application, Industry Vertical, and Region.
Based on offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 (historical and forecast) included in each section.
• Hardware
• Software
• Service & Support
Based on robot type, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2017-2027 (historical and forecast) included in each section.
• Articulated Robots
• Cartesian Robots
• SCARA Robots
• Parallel Robots
• Collaborative Robots
• Other Robot Types
Based on Product Payload, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2017-2027 (historical and forecast) included in each section.
• Low Payload (< 10 kg)
• Medium Payload (10-100 kg)
• High Payload (>100 kg)
Based on application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2017-2027 (historical and forecast) included in each section.
• Pick & Place
• Palletizing & De-palletizing
• Packing & Packaging
• Part Transfer
• Machine Tending
• Other Applications
Based on industry vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2017-2027 (historical and forecast) included in each section.
• Automotive Industry
• Chemical, Rubber & Plastics
• Electrical & Electronics
• Machinery & Metal
• Food & Beverage
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Taiwan, India, and Rest of APAC; Rest of APAC is further segmented into Australia, Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue ($ mn) and shipment (thousand units) are available for 2017-2027. The breakdown of all regional markets by country and split of key national/local markets by Robot Type, Application, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global material handling robotics market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
ABB Ltd.
Comau S.p.A
Denso Corporation
EFORT Intelligent Equipment
Estun Automation
Fanuc Corp.
Hyundai Robotics
Kawasaki Robotics Inc.
KUKA (Midea Group)
Mitsubishi Electric Corp.
Nachi Fujikoshi Corp.
Omron Corporation (Omron Adept Technologies)
Reis Robotics
Rockwell Automation Inc.
Seiko Epson Corporation (Epson Robotics)
SIASUN Robot & Automation Co., Ltd.
Staubli International AG
STEP Electric Corporation
Toshiba Machine Co., Ltd.
Universal Robots
Yaskawa Electric Corp.
(Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 14
1.2 Research Methodology 17
1.2.1 Overview of Market Research Methodology 17
1.2.2 Market Assumption 19
1.2.3 Secondary Data 19
1.2.4 Primary Data 19
1.2.5 Data Filtration and Model Design 21
1.2.6 Market Size/Share Estimation 22
1.2.7 Research Limitations 23
1.3 Executive Summary 24
2 Market Overview and Qualitative Analysis 27
2.1 Market Size and Forecast 27
2.1.1 Impact of COVID-19 on World Economy 29
2.1.2 Impact of COVID-19 on the Market 31
2.2 Major Growth Drivers 33
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Offering 46
3.1 Market Overview by Offering 46
3.2 Global Hardware Market of Material Handling Robotics 2017-2027 49
3.3 Global Software Market of Material Handling Robotics 2017-2027 51
3.4 Global Service & Support Market of Material Handling Robotics 2017-2027 52
4 Segmentation of Global Market by Robot Type 53
4.1 Market Overview by Robot Type 53
4.2 Global Articulated Material Handling Robotics Market 2017-2027 58
4.3 Global Cartesian Material Handling Robotics Market 2017-2027 59
4.4 Global SCARA Material Handling Robotics Market 2017-2027 60
4.5 Global Parallel Material Handling Robotics Market 2017-2027 61
4.6 Global Collaborative Material Handling Robotics Market 2017-2027 62
4.7 Global Market of Other Material Handling Robotics 2017-2027 63
5 Segmentation of Global Market by Product Payload 64
5.1 Market Overview by Product Payload 64
5.2 Global Low Payload (< 10 kg) Material Handling Robotics Market 2017-2027 69
5.3 Global Medium Payload (10-100 kg) Material Handling Robotics Market 2017-2027 70
5.4 Global High Payload (>100 kg) Material Handling Robotics Market 2017-2027 71
6 Segmentation of Global Market by Application 72
6.1 Market Overview by Application 72
6.2 Global Pick & Place Robotics Market for 2017-2027 77
6.3 Global Palletizing & De-palletizing Robotics Market for 2017-2027 78
6.4 Global Packing & Packaging Robotics Market 2017-2027 79
6.5 Global Part Transfer Robotics Market 2017-2027 80
6.6 Global Machine Tending Robotics Market 2017-2027 81
6.7 Global Material Handling Robotics Market for Other Applications 2017-2027 82
7 Segmentation of Global Market by Industry Vertical 83
7.1 Market Overview by Industry Vertical 83
7.2 Global Material Handling Robotics Market in Automotive Industry 2017-2027 87
7.3 Global Material Handling Robotics Market in Chemical, Rubber & Plastics 2017-2027 88
7.4 Global Material Handling Robotics Market in Electrical & Electronics 2017-2027 89
7.5 Global Material Handling Robotics Market in Machinery & Metal 2017-2027 90
7.6 Global Material Handling Robotics Market in Food & Beverage 2017-2027 91
7.7 Global Material Handling Robotics Market in Other Industry Verticals 2017-2027 92
8 Segmentation of Global Market by Region 93
8.1 Geographic Market Overview by Region 2017-2027 93
8.2 North America Market 2017-2027 by Country 98
8.2.1 Overview of North America Market 98
8.2.2 U.S. 102
8.2.3 Canada 107
8.2.4 Mexico 110
8.3 European Market 2017-2027 by Country/Region 113
8.3.1 Overview of European Market 113
8.3.2 UK 118
8.3.3 France 121
8.3.4 Germany 124
8.3.5 Spain 127
8.3.6 Italy 130
8.3.7 Russia 133
8.3.8 Rest of European Market 136
8.4 Asia-Pacific Market 2017-2027 by Country/Region 139
8.4.1 Overview of Asia-Pacific Market 139
8.4.2 China 144
8.4.3 Japan 147
8.4.4 India 150
8.4.5 Taiwan 153
8.4.6 South Korea 156
8.4.7 Rest of APAC Region 159
8.5 South America Market 2017-2027 by Country 162
8.5.1 Argentina 166
8.5.2 Brazil 169
8.5.3 Chile 172
8.5.4 Rest of South America Market 175
8.6 MEA Market 2017-2027 by Country 177
8.6.1 UAE 181
8.6.2 Saudi Arabia 184
8.6.3 South Africa 187
8.6.4 Other National Markets 190
9 Competitive Landscape 191
9.1 Overview of Key Vendors 191
9.2 Key News 194
9.3 Company Profiles 195
ABB Ltd. 195
Comau S.p.A 201
Denso Corporation 203
EFORT Intelligent Equipment 205
Estun Automation 206
Fanuc Corp. 207
Hyundai Robotics 209
Kawasaki Robotics Inc. 210
KUKA (Midea Group) 211
Mitsubishi Electric Corp. 215
Nachi Fujikoshi Corp. 219
Omron Corporation (Omron Adept Technologies) 220
Reis Robotics 225
Rockwell Automation Inc. 226
Seiko Epson Corporation (Epson Robotics) 229
SIASUN Robot & Automation Co., Ltd. 233
Staubli International AG 234
STEP Electric Corporation 236
Toshiba Machine Co., Ltd. 237
Universal Robots 240
Yaskawa Electric Corp. 243
10 Investing in Global Market: Risk Assessment and Management 247
10.1 Risk Evaluation of Global Market 247
10.2 Critical Success Factors (CSFs) 250
RELATED REPORTS AND PRODUCTS 253
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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