Asia Pacific Industrial Robotics Market Size & Outlook
Asia Pacific industrial robotics market, 2018-2030 (US$M)
Related Markets
Asia Pacific industrial robotics market highlights
- The Asia Pacific industrial robotics market generated a revenue of USD 20,152.0 million in 2023.
- The market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, electrical/electronics was the largest revenue generating end use in 2023.
- Chemical, Rubber, & Plastics is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 20,152.0 million |
| Market revenue in 2030 | USD 39,771.1 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Electrical/electronics |
| Fastest growing segment | Chemical, Rubber, & Plastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Electrical/Electronics, Metal/Heavy Machinery, Chemical, Rubber, & Plastics, Food |
| Key market players worldwide | ABB Ltd, YASKAWA Electric Corp, Mitsubishi Electric Corp, KUKA Robotics, Fanuc Corp, Denso Corp, Kawasaki Heavy Industries Ltd, OMRON Corp, Nachi Fujikoshi, Stellantis NV |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 66.7% of the global industrial robotics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,293.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Robotics Market Scope
Industrial Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific industrial robotics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial robotics market will help companies and investors design strategic landscapes.
Electrical/electronics was the largest segment with a revenue share of 25.57% in 2023. Horizon Databook has segmented the Asia Pacific industrial robotics market based on automotive, electrical/electronics, metal/heavy machinery, chemical, rubber, & plastics, food covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region dominated the industrial robotics market in 2023 and contributed a market share of 66.7%. Asia Pacific region is home to a large number of industries and factories which use industrial robots for manufacturing processes.
The Asia Pacific countries, particularly China, Japan, and South Korea, have been aggressively investing in automation and robotics technologies to enhance manufacturing efficiency, productivity, and competitiveness.
Additionally, the region's robust manufacturing sector, fueled by the presence of numerous electronics, automotive, and consumer goods industries, has created a substantial demand for industrial robots. Additionally, in 2022, according to the International Federation of Robotics, Asia saw the installation of 405 thousand industrial robots.
Reasons to subscribe to Asia Pacific industrial robotics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific industrial robotics market databook
-
Our clientele includes a mix of industrial robotics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific industrial robotics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific industrial robotics market size, by country, 2018-2030 (US$M)
Asia Pacific Industrial Robotics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
