Market revenue in 2023 | USD 101.6 million |
Market revenue in 2030 | USD 260.1 million |
Growth rate | 14.4% (CAGR from 2023 to 2030) |
Largest segment | Electrical/electronics |
Fastest growing segment | Chemical, Rubber, & Plastics |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 25.98% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil is a significant region in the industrial robotics market with a market share of 13.7% in 2023. The rising trend of factory automation coupled with increasing need to address concerns around workers’ safety is creating ample growth opportunities for industrial robotics market in the country.
Moreover, the expansion of warehouse automation sector driven by the growth of B2C ecommerce is presenting lucrative opportunities for the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil industrial robotics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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