MRO Magazine

Rise in Factory Automation Driving the Industrial Robotics Market in APAC Through 2020, Says Technavio


May 24, 2016
By Business Wire News

LONDON

According to the latest market study released by Technavio, theindustrial robotics market in APAC is expected to grow at a CAGR of almost 9% during the forecast period.

This research report titled ‘Industrial Robotics Market in APAC 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

Request sample report: http://goo.gl/RfM1kG

The report categorizes the industrial robotics market in APAC into five major segments by end-users. They are:

  • Automotive
  • Food and beverage
  • Industrial machinery
  • Electronics and semiconductor
  • Other industries

Automotive

China has the highest automotive manufacturing base in APAC, with almost 20 million cars produced in 2015. The rise in car production has driven the need for modernization of factories to increase capacity utilization, which in turn, will boost robot installations in China, in the coming years.

In addition, technological advances have had a positive impact on market growth. For instance, the virtual inspection assembly line robots and modern computers have become an integral part of robotic inspection solutions as they monitor the manufacturing process of passenger cars. Implementing virtual inspection systems reduces the overall expenditure for companies.

Food and beverage

The food and beverage industry is growing rapidly, resulting in the rising need for customized solutions to make the process faster, especially in countries, such as India, and China, because of a large manufacturing base. “In this industry, industrial robots were confined to heavy applications such as packaging and palletizing. However, increased demand for high-quality food products has led manufacturers to bring robots into food processing applications,” says Bharath Kanniappan, a lead analyst at Technavio for robotics research.

Also, manufacturers must comply with sanitation standards that can be met through robots as automation in the manufacturing process helps to eliminate potential bacteria and hazards. Technavio expects the demand for industrial robots such as articulated and SCARA to increase significantly, so as to meet the required standards.

Industrial machinery

The industrial machinery industry provides components and metal parts for other manufacturing and service industries. This industry plays a significant role in all sectors in APAC. In this industry, industrial robots are used to shape individual pieces of equipment with processes such as forging, stamping, bending, stamping, welding, forming, and machining. The equipment includes agricultural and food machinery and equipment, construction machinery and related equipment, industrial process machinery, oil and gas industry equipment and power transmission equipment.

Electronics and semiconductor

Japan is the largest market for the industrial robotics market in the electronics and semiconductor sector in APAC, however, the sector is gaining more investment from China. A more comprehensive effort to modernize China’s manufacturing base is announced by the government through its Made in China 2025 initiative, which aims at making the country an innovative and green world manufacturing power. Under this project, Chinese organizations are strengthening their factories with robotic automation.

In the electronics and semiconductor industry, industrial robots are used for assembling computers, computer peripherals (printers, monitors, and storage devices), communication equipment (wired and wireless telephones), and similar electronic products (audio and video equipment and semiconductors).

Other industries

Other industries comprise the oil and gas, pharmaceutical, plastic and rubber, and heavy industries. The oil and gas industry is witnessing a rise in demand for inspection industrial robots in APAC. It is anticipated that the growing demand for energy by the rapidly expanding population and industrial development will be important drivers to develop technology to access remote and untapped offshore areas.

“Robots are cost effective, efficient, and instrumental in the prevention of spillage and major disasters without exposing human resources to occupational hazards. All these factors will contribute to the growth of inspection robotics in the oil and gas industry,” says Bharath.

The top vendors highlighted by Technavio’s research analysts in this report are:

  • ABB
  • FANUC
  • Kawasaki Heavy Industries
  • KUKA
  • Yaskawa Electric
  • SIASUN Robot & Automation

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com