Dan’s Biz Bookshelf: Four Important Books You Need to Read (Not Just Say You Have)
The Marketing Minute: Cracking the Code of Technical Marketing
Global Industrial Robotics Market to Reach $41.18B by 2020
June 10, 2016 | PRNewswireEstimated reading time: 1 minute
Robotics is big disruptive technology with continuously increasing demand for both industrial and service robotics. These are used in a wide variety of tasks like assembling in electronic & automobile sectors, plastic parts, machining of metals and handling of all kinds of production capabilities, etc. However, automotive has emerged as the massive customer `for industrial robotics due to the cost saving offered by the technology.
Supply – Demand Scenario:
The global industrial robotics market was 28.22 billion USD in 2014 and is forecasted to reach 41.18 billion USD by 2020 at a CAGR of 6.5% for the period.
Growth by Region:
The industrial robotics market is dominated by countries including Japan,U.S., Germany, South Korea and China. As per the International Federation of Robotics' (IFR) statistics, Japan is the dominating the market in the world followed by China. Asia Pacific industrial robotics market accounted for over 50% of the global revenue. China is likely to be the leading demand generator for the industrial robots in the next five years
Drivers vs. Constraints:
The market for industrial robots is growing due to the increasing demand of high quality work, rising wages, increased production, and automation of the production lines. Earlier, the usage of robots were bounded in performing a variety of repetitive tasks but as of now the robots are also being used in many industries such as warehouses, hospitals, food industry, electric vehicles, photovoltaic, laboratories, pharmacy industry and many more which is regularly driving the demand for advanced robots.
Industry Structure and Updates:
The SPARC robotics project launched by the EU through an investment of USD 870 million is aimed at creating over 2.35 million jobs in Europe from 2014 to 2020.
ABB, the leading power and automation group, announced it acquired Gomtec GmbH to expand its offering in the field of collaborative robots.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
Technica USA Advocates for PCBAA Membership Among Printed Circuit Assembly Customers
09/16/2025 | Technica USATechnica USA is actively encouraging its printed circuit assembly customers to join the Printed Circuit Board Association of America (PCBAA), a leading industry organization advocating for increased domestic production of printed circuit boards (PCBs) and substrates.
Marcy’s Musings: Advancing the Advanced Materials Discussion
09/17/2025 | Marcy LaRont -- Column: Marcy's MusingsAs the industry’s most trusted global source of original content about the electronics supply chain, we continually ask you about your concerns, what you care about, and what you most want to learn about. Your responses are insightful and valuable. Thank you for caring enough to provide useful feedback and engage in dialogue.
I-Connect007 Launches Advanced Electronics Packaging Digest
09/15/2025 | I-Connect007I-Connect007 is pleased to announce the launch of Advanced Electronics Packaging Digest (AEPD), a new monthly digital newsletter dedicated to one of the most critical and rapidly evolving areas of electronics manufacturing: advanced packaging at the interconnect level.
ICAPE Group Unveils Exclusive Report on Sustainability in Electronics Manufacturing
09/15/2025 | ICAPE GroupICAPE Group, a global leader in printed circuit boards (PCBs) and custom electronics manufacturing, today announces the launch of its 2025 Industry Outlook & Innovation Report: Sustainability in Electronics Manufacturing. This exclusive report is accompanied by fresh insights from a dedicated Statista survey of 100 electronics manufacturing professionals, commissioned by ICAPE Group.
Panasonic Industry will Double the Production Capacity of MEGTRON Multi-layer Circuit Board Materials Over the Next Five Years
09/15/2025 | Panasonic Industry Co., Ltd.Panasonic Industry Co., Ltd., a Panasonic Group company, announced plans for a major expansion of its global production capacity for MEGTRON multi-layer circuit board materials today. The company plans to double its production over the next five years to meet growing demand in the AI server and ICT infrastructure markets.