Industrial Robot Controllers Market Potential Growth, Share, Demand and Analysis of Key Players Forecasts to 2029

As per Future Market Insights (FMI), the demand in the global industrial robot controller market is projected to surge at a robust CAGR of 8.9% during the forecast period 2022 to 2029.

As in line with the findings of the document, the global commercial robot controller market is anticipated to peer significant boom over the forecast length, set in movement by means of growth within the adoption of Human device interaction (HMI), records & cloud abilities boosting hardware manipulate, and optimization of industrial robot value.

Market gains have further been underpinned by high growth in automotive and electronic & semiconductor industry- the two big demand generating sectors in in the industrial robotics landscape.

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East Asia’s Industrial Robot Controller Market Set for Incremental Growth

According to the recent studies, while South Korea remains a prominent country in the robot per 10,000-employees’ ratio, China is projected to witness a see monumental growth. India being a fast-growing economy is expected to contribute a fair share in the industrial robot controller market during the assessment period, for the fact that industrial ecosystems of India are on the brink of a massive makeover.

Japan also commands a significant share in the industrial robot controller market, owing to the high penetration rate of automation in the country. Rapid transition of these countries towards robotic automation is further creating new opportunities for adoption of robotic controllers, thereby making East Asia a lucrative region for the industrial robot controller market players.

Software Based Technology Advancements and Cost Optimization Merging

Key players active in the industrial robot controllers market will benefit from the growing preparedness of industrial ecosystems for the impending ‘fourth industrial evolution’ and its after effects. Smart components and software’s such as sensors and controllers are the future of automation; industrial robot controller is one of the competence for robot manufacturers as all the electromechanical systems needed to be controlled.

Over the forecast years, human machine interaction is expected to be a growing trend that aims to bring robot and human anatomy closer. simultaneously, bridging the gap between a robot and control system.

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Industrial Robot Controller Market by Category

By Axis Type:

  • Single Axis
  • Four Axis
  • Six Axis
  • Other Axis

By Robot Type:

  • SCARA Robot
  • Delta Robot
  • Cartesian/Gantry Robot
  • Articulated Robot
  • Collaborative Robot
  • Dual Arm Robot

By Region:

  • Americas
  • EMEA
  • South Asia & Pacific
  • East Asia

The report highlights some of the prominent market players, who have established themselves as leaders in the global industrial robot controller market. The global industrial robot controller market is significantly dominated by some players holding prominent shares of the market. Tier-1 players are joining forces with IoT platform based companies in order to achieve the ongoing trend of intelligent automation thereby gaining a competitive edge over its peers.

Production innovation and holistic developments will continue to be the key area of focus for manufacturers operating in the industrial robot controllers market, which is highly instrumental for their long-term growth. In addition, strategic collaborations such as mergers and acquisitions will also be of high importance for the market players to sustain growth via shared resource pools and combined technical expertise.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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