Mobility Is and Will Be the Force Driving the Robotics Market for the Next 10 Years

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4Q 2019 | IN-5686


The End of Dominance for the Industrial Vendor


ABI Research recently released its most comprehensive tracker of the robotics market to date: Commercial and Industrial Robotics (MD-CIROBO-104). The forecasts therein paint a clear picture of optimism within the industry at large, but projections of growth rates vary widely between different subsectors, verticals, and robot-types.

There was a time when the major industrial robotic vendors. ABB, KUKA AG, FANUC, and Yaskawa, had huge influence on the market, and their fate was directly tied to that of the industry, but this is no longer the case. Following breakneck demand for industrial robots from 2015 to 2017, there was a noted deceleration in 2018, in large part due to the plateau in demand from China.

While generally overemphasized, challenges for the global manufacturing supply chain have affected the industrial robotics market. The slowdown in China has continued in 2019 and is affecting not just Chinese suppliers but also local Asia-Pacific vendors in South Korea and Japan.

The collaborative robotics market has not yet exceeded US$1 billion, so the scope f…

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