Industrial Robotics System Integration Market Size, Share, Growth, and Industry Analysis by Type (Material Handling Robots, Welding Robots, Assembly Robots, Dispensing Robots, Palletizing Robots, Machine Tending Robots & Others), By Application (Automotive, 3C Industry, Chemical, Rubber and Plastic, Metal and Machinery, Food, Beverages and Pharmaceuticals & Others), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

Industrial Robotics System Integration Market REPORT OVERVIEW

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The global industrial robotics system integration size was USD 22010 million in 2021 and market is projected to touch USD 40155.4 million by 2031, at a CAGR of 6.1% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the industrial robotics system integration industry experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The process of integrating robotic systems into industrial settings in order to automate and optimize various manufacturing or production processes is known as industrial robotics system integration. It entails integrating several components, including industrial robots, ancillary equipment, sensors, software, and control systems, into a functional and effective system. Creating a seamless interface between robots and the current manufacturing infrastructure is the aim of the industrial robotics system.

With the help of this integration, the robots are able to carry out dangerous activities, repetitive duties, or complex tasks with accuracy and consistency. Companies can increase production, raise product quality, cut expenses, and guarantee worker safety by automating these procedures. Expertise in robotics, automation, mechanical engineering, electrical engineering, and software development are all needed for this procedure, which might be complicated. To assist organizations in implementing robotic automation successfully, many enterprises focus on offering system integration services.

COVID-19 Impact: Industry Shutdown Causes Market Distortion

The COVID-19 outbreak caused problems for manufacturers of services materials, including unstable markets, a drop in customer confidence, and difficulties with import and export commerce. The sourcing of raw materials, packaging, and distribution are all parts of the global supply chain. Due to lockdowns, moving commodities, labels, and other items has become difficult. In addition to having an immediate influence on markets, supply chains, supply and demand, and all of these other things, it also had a financial impact on the markets for services. The pandemic altered the dynamics of the industry, compelling organizations to redesign every aspect of their operational frameworks in order to preserve stability amidst the disturbances. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall services industry. This has partially impacted the industrial robotics system integration market.

LATEST TRENDS

"Industrial IoT to Boost the Market Growth"

The integration of the Industrial Internet of Things (IIoT) in the industrial robotics system integration industry has had a transformative impact on manufacturing processes and automation. Industrial robots can link with many sensors, machines, and devices in the manufacturing environment thanks to IIoT integration. Through smooth data interchange and communication made possible by this connectivity, production processes may be seen in real time. Robots may collect and process data from linked devices, enabling better decision-making and operational optimization. Industrial robots and the systems they are connected to can be remotely monitored and controlled thanks to IIoT connectivity. Manufacturers may remotely access and monitor robotic systems, track performance metrics, identify problems, and even carry out maintenance duties from a central location with IIoT-enabled solutions. This feature increases productivity, lowers downtime, and increases operational agility overall. This will enhance the market sales. Thus, during the forecast period, the aforementioned factors are anticipated to fuel market growth. The global market will benefit from these factors. Thus, a key trend that is opening up potential for the industry to grow is integration of the Industrial Internet of Things. These new developments are mostly to blame for the market's overall growth.

Industrial Robotics System Integration Market SEGMENTATION

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• By Types 

Based on type, the market is classified into material handling robots, welding robots, assembly robots, dispensing robots, palletizing robots, machine tending robots & others.

• By Application

Based on the market is categorized into automotive, 3C industry, chemical, rubber and plastic, metal and machinery, food, beverages and pharmaceuticals & others.

DRIVING FACTORS

"Flexibility and Adaptability that Give the Market Extra Boost"

Flexibility and adaptability are key considerations in the industrial robotics system integration industry. Industrial robots’ systems' adaptability and flexibility enable them to carry out a variety of activities. Robots are adaptable to a variety of industries and production requirements since they can be programmed and reprogrammed to handle numerous procedures and applications. Due to its adaptability, robotic systems can be used by businesses for a variety of jobs, increasing operational effectiveness and lowering the requirement for specialized machinery. Modularity is frequently considered in the design of industrial robots and the systems that integrate them. As a result, many parts, including robot arms, end-effectors, sensors, and control systems, can be simply modified or altered. This modularity enables companies to adapt their robotic systems to changing requirements, incorporate new technologies, and enhance capabilities without replacing the entire system. These elements support market growth. As a result, the growth, and the increasing flexibility and adaptability will boost the industry. It will contribute to the expansion of the services industry and it will improve the industrial robotics system integration market growth.

"Technological Advancement to Encourage Market Expansion"

Another important component in the industrial robotics system integration business that drives innovation and increases robot capabilities is technological developments. Cobots, commonly referred to as collaborative robots, are created to operate cooperatively with people. These robots can securely operate in close proximity to human employees because to their sophisticated sensors and safety features. They can readily be incorporated into current production lines and carry out jobs like assembling, packaging, and quality control that call for human-like dexterity. Industrial robotics systems are progressively incorporating AI and ML technology, allowing robots to learn from data, adapt to changing situations, and make wise judgements. AI-powered robots can analyze data in real-time, optimize production processes, and identify patterns or anomalies for quality control purposes.  As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.

RESTRAINING FACTORS

"High Investment to Impede Market Expansion"

The market is being hampered by heavy investment. Investment is needed up front for the implementation of an industrial robotics system integration. This comprises the price of buying robotic equipment as well as the price of integrating, customizing, installing, and training software. Small and medium-sized businesses (SMEs) with limited financial resources may find it difficult to implement robotics technology due to the significant initial expenditure. This factor is impeding market expansion. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

Industrial Robotics System Integration Market REGIONAL INSIGHTS

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"North America Dominating the Market Across the Globe"

The market for industrial robotics system integration is in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the industrial robotics system integration market share is the growing demand of products in automotive, 3C industry, chemical, rubber and plastic, metal and machinery, food, beverages and pharmaceuticals industry is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

•     STEP (U.S.)
•     EFFORTS (U.S.)
•     Acieta (U.S.)
•     Midwest Engineered Systems (U.S.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost industrial robotics system integration market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.