Heavy Duty Industrial Robot Market by End-user, Application, Product Feature, and Geography - Forecast and Analysis 2021-2025

The heavy duty industrial robot market share is expected to increase by USD 3.78 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 8%.

This heavy duty industrial robot market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers heavy duty industrial robot market segmentation by end user (automotive industry, foundry industry, and aerospace and defense industry), application (material handling, assembly line, and logistics), and geography (APAC, Europe, North America, South America, and MEA). The heavy duty industrial robot market report also offers information on several market vendors, including ABB Ltd., Comau Spa, FANUC Corp., Kawasaki Heavy Industries Ltd., KRONES AG, KUKA AG, Liebherr-International AG, NACHI-FUJIKOSHI Corp., OMRON Corp., and Yaskawa Electric Corp. among others.

What will the Heavy Duty Industrial Robot Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Heavy Duty Industrial Robot Market Size for the Forecast Period and Other Important Statistics

Heavy Duty Industrial Robot Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The low price of components is notably driving the heavy duty industrial robot market growth, although factors such as high installation cost may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the heavy duty industrial robot industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Heavy Duty Industrial Robot Market Trend

The engagement of industrial workers is declining with the rising trend for the implementation of heavy-duty industrial robots. This has enabled various industries to enhance their productivity and reduce their operational breakdown. The employment of industrial robots ensures the prevention of any damage to the raw material and products as they are designed to carry heavy loads efficiently. It also results in effective and efficient distribution of workforce for productive industrial operations in the industries. Technavio's market research report identifies that the growing need for uninterrupted industrial operations as one of the primary growth drivers for the global heavy-duty industrial robot market growth. Industries benefit in several ways since uninterrupted operations aid in reduced wastage and optimized operational cost. Technavio's market research analysts predict that this market will grow at a CAGR of over 8% by 2025.

This heavy duty industrial robot market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Heavy Duty Industrial Robot Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• ABB Ltd.
• Comau Spa
• FANUC Corp.
• Kawasaki Heavy Industries Ltd.
• KRONES AG
• KUKA AG
• Liebherr-International AG
• NACHI-FUJIKOSHI Corp.
• OMRON Corp.
• Yaskawa Electric Corp.

This statistical study of the heavy duty industrial robot market encompasses successful business strategies deployed by the key vendors. The heavy duty industrial robot market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The heavy duty industrial robot market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Heavy Duty Industrial Robot Market?