• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Privacy
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Video
  • Webinars
  • White papers
  • Press releases
  • Featured companies
    • AMD Xilinx
    • BlueBotics
    • Elite Robot
    • RGo Robotics
    • SICK Sensor Intelligence
    • Vicor Power
industrial robots

Industrial robot revenue will triple by 2025, says report

January 11, 2017 by Mark Allinson

industrial robots

ABI Research forecasts revenues will reach nearly $45 billion in 2025, fueled by Chinese demand

ABI Research forecasts that industrial robot shipments will exhibit an average year-over-year growth rate of 16 per cent by 2021.

As industrial robots continue to infiltrate the workforce to increase production efficiencies, this will result in annual revenue exceeding $30 billion in 2020 and nearly $45 billion in 2025.

The automotive sector will remain the leading acquirer of industrial systems, even as it loses share to other growing industry verticals, including the electrical and electronics, rubber, and plastics industries. 

The food and food packaging, pharmaceutical and cosmetics segments will demonstrate the fastest growth over the next decade.

“The industrial robotic market is driven by the demand for increasing levels of speed, precision, and production flexibility,” says Philip Solis, research director at ABI Research.

“Other demand contributors include the introduction of robotics automations into industries that did not previously benefit from robotic industrial automation or new classes of applications.

“Governmental and political manufacturing initiatives, such as entrepreneurship and investment programs, as well as public-private partnerships and reshoring efforts, also provide momentum for the sector.”

The Asia-Pacific region currently leads in shipments of industrial robots, accounting for approximately 65 per cent of the global market, with China responsible for roughly one-third of worldwide shipments.

ABB accounts for nearly one-half of worldwide shipments, with Yaskawa, Kuka, Fanuc, Kawasaki, Yamaha, Stäubli, Nachi Fujikoshi and Epson Robots as other major shipment contributors.

Print Friendly, PDF & Email

Share this:

  • Print
  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Tumblr
  • Pinterest
  • Skype
  • WhatsApp
  • Telegram
  • Pocket

You might also like…

Filed Under: Industrial robots, Industry, News Tagged With: abi, forecasts, industrial, industries, market, revenue, robot, robotic, robots, shipments, worldwide

Join the Robotics & Automation News community

Primary Sidebar

Latest articles

  • Will Automated Pre Roll Machines Boost Your Revenue?
  • Telexistence to install AI re-stocking robots in 300 convenience stores across Japan
  • Volvo Group to establish battery production plant in Sweden
  • Hyundai partners with Rolls-Royce to develop electric and hydrogen engine for new types of aircraft
  • General Motors and Red Hat partner to develop software-defined vehicles
  • Benefits of cryptocurrency mingling with the real estate sector
  • Fanuc plans to double Michigan campus to accommodate ‘automation demand’
  • Kuka receives ‘record orders’ in first six months of year
  • Denso and Honeywell to develop electric engine for Lilium Jet
  • Stäubli Robotics and Quantum Surgical partner to develop robotic platform for cancer surgery

Most Read

  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Stäubli Robotics and Quantum Surgical partner to develop robotic platform for cancer surgery
    Stäubli Robotics and Quantum Surgical partner to develop robotic platform for cancer surgery
  • Difference Between Three-Phase and Single-Phase Power
    Difference Between Three-Phase and Single-Phase Power
  • Beyond Imagination receives order for 1,000 humanoid robots
    Beyond Imagination receives order for 1,000 humanoid robots
  • Kuka receives ‘record orders’ in first six months of year
    Kuka receives ‘record orders’ in first six months of year
  • Track your lost Android
    Track your lost Android
  • Top 20 programmable logic controller manufacturers
    Top 20 programmable logic controller manufacturers
  • Denso and Honeywell to develop electric engine for Lilium Jet
    Denso and Honeywell to develop electric engine for Lilium Jet
  • Top 25 vertical farming companies
    Top 25 vertical farming companies
  • The Best Mechanical Engineering Design Software in 2022
    The Best Mechanical Engineering Design Software in 2022

Overused words

abb ai applications automated automation automotive autonomous business china companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse

Secondary Sidebar

Latest news

  • Will Automated Pre Roll Machines Boost Your Revenue?
  • Telexistence to install AI re-stocking robots in 300 convenience stores across Japan
  • Volvo Group to establish battery production plant in Sweden
  • Hyundai partners with Rolls-Royce to develop electric and hydrogen engine for new types of aircraft
  • General Motors and Red Hat partner to develop software-defined vehicles
  • Benefits of cryptocurrency mingling with the real estate sector
  • Fanuc plans to double Michigan campus to accommodate ‘automation demand’
  • Kuka receives ‘record orders’ in first six months of year
  • Denso and Honeywell to develop electric engine for Lilium Jet
  • Stäubli Robotics and Quantum Surgical partner to develop robotic platform for cancer surgery

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

Archivists

January 2017
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Dec   Feb »

Complex

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2022 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT