Global Material Handling Robotics Market 2022-2032 by Offering (Hardware, Software, Services), Robot Type, Application, Payload (<10 kg, 10-100 kg, >100 kg), Industry Vertical, and Region: Trend Forecast and Growth Opportunity
Global material handling robotics market will reach $70.54 billion (a total revenue of hardware, software, and service) by 2032, growing by 10.9% annually over 2022-2032, driven by the emerging Industry 4.0, a large scope for AI innovation, an increasing automation in the processes and operations, and the rising adoption of robots across various industries to improve the productivity and safety. In term of unit shipment, the global market is expected to grow by 13.7% annually over the forecast period.
Highlighted with 92 tables and 139 figures, this 271-page report “Global Material Handling Robotics Market 2022-2032 by Offering (Hardware, Software, Services), Robot Type, Application, Payload (<10 kg, 10-100 kg, >100 kg), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on 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 is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery 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 by taking into account of COVID-19 and Russia-Ukraine conflict. 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, Application, Payload, Industry Vertical, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
• Software
• Services
Based on Robot Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Articulated Robots
• Cartesian Robots
• SCARA Robots
• Parallel Robots
• Collaborative Robots
• Other Robot Types
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Pick & Place
• Palletizing & De-palletizing
• Packing & Packaging
• Transfer & Transportation
• Assembling & Disassembling
• Distribution
• Other Applications
By Payload, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Low Payload (< 10 kg)
• Medium Payload (10-100 kg)
• High Payload (>100 kg)
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Automotive Industry
• Electrical & Electronics
• Metal & Machinery
• Chemicals, Rubber & Plastics
• Medical & Pharmaceutical
• Food & Beverage
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• 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)
• APAC (Japan, China, South Korea, Taiwan, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Australia, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) and shipment (thousand units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Robot Type, Application, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected 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 so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 13
1.1 Industry Definition and Research Scope 13
1.1.1 Industry Definition 13
1.1.2 Research Scope 15
1.2 Research Methodology 18
1.2.1 Overview of Market Research Methodology 18
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 20
1.2.6 Market Size/Share Estimation 21
1.2.7 Research Limitations 22
1.3 Executive Summary 23
2 Market Overview and Dynamics 26
2.1 Market Size and Forecast 26
2.1.1 Impact of COVID-19 on World Economy 28
2.1.2 Impact of COVID-19 on the Market 31
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 33
2.2 Major Growth Drivers 37
2.3 Market Restraints and Challenges 42
2.4 Emerging Opportunities and Market Trends 45
2.5 Porter’s Fiver Forces Analysis 49
3 Segmentation of Global Market by Offering 53
3.1 Market Overview by Offering 53
3.2 Hardware 55
3.3 Software 56
3.4 Services 57
4 Segmentation of Global Market by Robot Type 58
4.1 Market Overview by Robot Type 58
4.2 Articulated Robots 62
4.3 Cartesian Robots 64
4.4 SCARA Robots 66
4.5 Parallel Robots 68
4.6 Collaborative Robots 70
4.7 Other Robot Types 72
5 Segmentation of Global Market by Application 74
5.1 Market Overview by Application 74
5.2 Pick & Place 78
5.3 Palletizing & De-palletizing 80
5.4 Packing & Packaging 82
5.5 Transfer & Transportation 84
5.6 Assembling & Disassembling 86
5.7 Distribution 88
5.8 Other Applications 90
6 Segmentation of Global Market by Payload 92
6.1 Market Overview by Payload 92
6.2 Low Payload (< 10 kg) 96
6.3 Medium Payload (10-100 kg) 98
6.4 High Payload (>100 kg) 100
7 Segmentation of Global Market by Industry Vertical 102
7.1 Market Overview by Industry Vertical 102
7.2 Automotive Industry 106
7.3 Electrical & Electronics 108
7.4 Metal & Machinery 110
7.5 Chemicals, Rubber & Plastics 112
7.6 Medical & Pharmaceutical 114
7.7 Food & Beverage 116
7.8 Other Industry Verticals 118
8 Segmentation of Global Market by Region 120
8.1 Geographic Market Overview 2022-2032 120
8.2 North America Market 2022-2032 by Country 126
8.2.1 Overview of North America Market 126
8.2.2 U.S. 132
8.2.3 Canada 136
8.2.4 Mexico 139
8.3 European Market 2022-2032 by Country 142
8.3.1 Overview of European Market 142
8.3.2 Germany 148
8.3.3 U.K. 151
8.3.4 France 154
8.3.5 Spain 157
8.3.6 Italy 160
8.3.7 Russia 163
8.3.8 Rest of European Market 166
8.4 Asia-Pacific Market 2022-2032 by Country/Region 168
8.4.1 Overview of Asia-Pacific Market 168
8.4.2 Japan 174
8.4.3 China 178
8.4.4 Taiwan 181
8.4.5 India 184
8.4.6 South Korea 187
8.4.7 Rest of APAC Region 190
8.5 South America Market 2022-2032 by Country 192
8.5.1 Argentina 198
8.5.2 Brazil 201
8.5.3 Chile 204
8.5.4 Rest of South America Market 207
8.6 MEA Market 2022-2032 by Country 208
8.6.1 UAE 214
8.6.2 Saudi Arabia 217
8.6.3 South Africa 220
8.6.4 Other National Markets 223
9 Competitive Landscape 224
9.1 Overview of Key Vendors 224
9.2 New Product Launch, Partnership, Investment, and M&A 227
9.3 Company Profiles 228
ABB Ltd. 228
Comau S.p.A 230
Denso Corporation 232
EFORT Intelligent Equipment 234
Estun Automation 235
Fanuc Corp. 236
Hyundai Robotics 238
Kawasaki Robotics Inc. 239
KUKA (Midea Group) 240
Mitsubishi Electric Corp. 243
Nachi Fujikoshi Corp. 247
Omron Corporation (Omron Adept Technologies) 248
Reis Robotics 253
Rockwell Automation Inc. 254
Seiko Epson Corporation (Epson Robotics) 257
SIASUN Robot & Automation Co., Ltd. 259
Staubli International AG 260
STEP Electric Corporation 262
Toshiba Machine Co., Ltd. 263
Universal Robots 265
Yaskawa Electric Corp. 268
RELATED REPORTS 271
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
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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.
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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
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