According to Future Market Insights (FMI), the global industrial robot controller market will grow at an 8.9% CAGR between 2022 and 2029.
According to the report’s findings, the global commercial robot controller market will grow significantly during the forecast period, owing to increased adoption of Human device interaction (HMI), records and cloud capabilities enhancing hardware manipulation, and optimisation of industrial robot value.
Strong growth in the automotive and electronics and semiconductor industries, two important demand generators in the industrial robotics scene, has also contributed to market advances.
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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.
Competitive Landscape
Key players in the worldwide industrial robot controller market are focusing on R&D operations to provide unique products in order to grow their product portfolio and strengthen their market footprint. As an example,
- ABB, a Swiss global automation business, announced the addition of two new OmniCore controllers in December 2021: the V250XT and E10 controllers. These controllers save 20% more energy while also providing best-in-class motion control. This will help the company expand the potential for greater robot control in a variety of industries, including automotive, electronics assembly, logistics, and general manufacturing.
Key Companies Profiled
- Stäubli International AG
- Mitsubishi Electric Corporation
- OMRON Corporation
- DENSO Wave Incorporated
- SEPRO Group
- WAGO
- Pilz GmbH & Co. KG
- Motion Controls Robotics Inc.
- NexCOM Inc.
- Wynright Corporation
- KUKA AG
- Yaskawa Electric Corporation,
- ABB
- YAMAHA Robots
- FANUC CORPORATION
- Toshiba Machine Co. Ltd.
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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
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Table of Content
- Executive Summary | Industrial Robot Controllers Market
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Industry Roadmap
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
- Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
- Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
- Global Market Demand Analysis 2016 to 2021 and Forecast, 2022 to 2031
5.1. Historical Market Volume (Units) Analysis, 2016 to 2021
5.2. Current and Future Market Volume (Units) Projections, 2022 to 2031
5.3. Y-o-Y Growth Trend Analysis
About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.
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