Global Robot Control System Market Size (2022-2027)
As per our research report, the global robot control system market size is valued at USD 11.7 billion in 2021 and is projected to reach USD 40.1 Bn by 2027. This market is witnessing a healthy CAGR of 21.50% from 2022 to 2027. The widespread application of collaborative robots across various industries, the emergence of the fourth industrial revolution, and favorable government Initiatives & Policies are majorly driving the growth of the industry.
Robotics is aimed to produce, computer programmable machines, that can do tasks with more speed and precision. The application of robotics is countless in the current era, for example, automated manufacturing, self-driving cars, logistic management, unmanned aerial vehicles, and many more. The robotic control systems help to control the movements and functions of the robot in different automation operations. Automation plays an integral as it improves overall efficiency, reduces operational costs, and helps companies to remain competitive.
Robot Control System Market size is set to witness prolific growth over the forecast period. This is driven by the escalating usage of robots in the automotive sector for varied applications and increasing demand by small and medium enterprises. Technology mechanization is advancing at a rapid speed throughout most industrial enterprises due to its capacity to handle critical manufacturing sector difficulties such as lack of skilled workforce. As a result, the consumption of industrial robot processors is expected to grow in the future years. The expansion of automation in the electrical and electronics industry proves to be the biggest opportunity in the industrial robot control system market as it will enable electronics companies to innovate further to build prototypes with less time and capital. Some companies have built specialized robots. For instance, ABB Robotics has been involved in the development of the latest robot improvised mobilization. Kuka Group is part of the latest market development involving robotic automation technology integration. The KR C4 control system is efficient and adaptable, lowering maintenance expenses. the KR 3 AGLIUS by Kuka is built for fast cycle times in applications such as fitting micro screws, polishing smartphone casings, and handling displays and circuit boards.
Increase in demand for collaborative robots across various industries
Many organizations in both developing and developed nations have adopted industrial robots as a solution for high labor costs and the lack of a skilled workforce. It provides great products with great efficiency which will result in a higher profit margin for the organizations. Companies operating in the chemical sector are shifting towards robot software to improve workers' safety from performing hazardous tasks. Furthermore, robotic technologies are employed in the healthcare industry due to the rising need for surgical robotics. E-commerce and shipping companies are also focusing on automating a significant part of their operations due to increasing competition between enterprises and worker shortages. Moreover, Considering the costs associated with workers, the implementation of robots seems to be a better option as labor wages have been booming recently in the countries such as the U.S. and European markets. Such developments are anticipated to increase the demand for the robot control systems market during the forecast period.
The emergence of the fourth industrial revolution
The surge in the demand for precision manufacturing is catalyzing the need for industrial robots to modify manufacturing facilities into smart, connected factories. Due to the growing demand for packaged food items, manufacturers in the food and beverage industry are relying on robotics technology to automate the production process and mass-produce products. The rising demand for industrial robots to reduce production costs by improving quality, reducing production time, and ensuring reliability and security is accelerating the demand for robotic controllers. The Fourth Industrial Revolution (Industry 4.0) emergence is creating a favorable outlook for the robot control system market.
Favorable Government Initiatives & Policies
The governments are making significant investments and taking several initiatives towards creating awareness for the adoption of advanced technologies. According to the International Federation of Robotics, the Chinese government invested USD 577 million to develop intelligent systems which are aimed to support the development of intelligent robots. In 2019, Japan aiming to become a leading global robotics innovation hub, invested USD 351 million to support the new robot strategy. According to the International Federation of Robotics, in 2020, South Korea allocated a budget of USD 126 million for its robot-related business. In 2019, the Polish government launched its Industry 4.0 Platform 2019 to spread knowledge related to Industry 4.0 processes and develop competence in the areas such as robotics and automation. Such initiatives are expected to propel the robot control system market growth.
High costs of Installation, especially for SMEs
A robotic automation project can be a costly exercise, especially for companies who are engaged in low production volume without the necessary space and infrastructure for the deployment of robots. High capital expenditure is required for the purchase of the robot, integration, programming, and maintenance. Custom integration is required in some cases, which can further drive up the overall costs. Deployment of a robot control system can be challenging for companies with no prior experience.
Lack of technical expertise
The limited number of technology experts and trained staff can be a challenge. Lack of technical expertise can be a hindrance as the industry is reliant on trained professionals to improvise, manage, and maintain the system. Interoperability and integration issues with industrial robots can further restrict the market growth.
The fully-autonomous systems segment is expected to grow at the highest CAGR during the forecast period owing to its various advantages, such as minimized human intervention, increased production capabilities, and enhanced throughput volumes.
Robot Control System Market - By Application:
Based on Application, the robot control system market is segmented into automotive, agriculture, electrical & electronics, servicing and maintenance, chemicals & materials, machinery, food & beverage, healthcare, aerospace & defense, oil & gas, mining & metals, and others. The oil & gas segment accounted for a significant share of the robot control system market in 2020. However, the automotive segment is expected to grow at the highest CAGR during the forecast period owing to factors such as advancements in automation and the increasing use of collaborative robots. The production facilities of various automakers are automated to maintain efficiency which is expected to drive market growth.
Robot Control System Market - By Region:
Geographically, the North American Robot Control System Market is projected to account for a major revenue share by 2027, due to rising demand and production for robotic units across the region and increasing reliance on automation to drive electric vehicle manufacturing sector growth. As per the RIA (Robotic Industries Association), robotic units sales surged by 3.5% between 2019 to 2020 in the North American region. Such factors are anticipated to generate opportunities for the industry progression during the forecast period.
The European Robot Control System Market is expected to record a CAGR of 12.3% during the forecast period. Germany and France are the most lucrative markets in this region. The majority of automation tools are adopted by automotive and manufacturing sectors in the region for automated driving assistance, vehicle maintenance, passenger infotainment, and vehicle-to-vehicle communications in the automotive sector. For instance, in 2020, Ericsson partnered with Audi to establish a 5G collaboration to test Ultra-reliable Low-latency Communication (URLLC) capabilities for factory automation at the Audi P-Labs facility in Germany.
The Robot Control System Market in the Asia Pacific is expected to grow at the highest CAGR during the forecast period. This is attributed to the advent of Industry 4.0, high deployment of robots in major verticals, such as banking, F&B, financial services and insurance (BFSI), electrical, automotive, chemical, manufacturing, healthcare, logistics, and robust manufacturing sector in the region. The extensive production and sale of industrial robots in this region are also contributing to the growth of the market. China is expected to account for the largest market share over the forecast period as industries are now transforming towards robotics & automation.
The Latin American Robot Control System Market is projected to have significant growth during the forecast period owing to the growing adoption of automation technologies in the manufacturing sector, increasing investment in technologies concerning the Industry 4.0 trend, and smart factory norms. Mexico is expected to exhibit significant adoption of factory automation and industrial control systems due to enormous investments in the development of transportation networks, chemical industries, agricultural produce industries, and others.
Robot Control System Markets in the Middle East and Africa is expected to grow significantly in the coming years. Saudi Arabia is expected to be one of the lucrative regions in the Middle East & Africa region in the factory automation and industrial control system market. This is attributed to increasing government investments in new technologies, increasing investments in the oil and gas industry, and companies’ readiness to adopt new technologies to boost production output at a better quality. Continuous efforts by the government through its supportive initiatives to boost the infrastructural development projects across the region would benefit the robot control system market over the forecast period.
Major Key Players in the Market
Companies playing a pivotal role in the global Robot Control System Market are:
NOTABLE HAPPENINGS IN THE GLOBAL ROBOT CONTROL SYSTEM MARKET IN THE RECENT PAST
COVID-19 Impact on Robot Control System Market
The outbreak of COVID-19 has changed the business environment for numerous organizations and put the global economy in a disastrous phase. The lockdowns affected diverse industries, primarily due to the impact on manufacturing operations which had a significant impact on global supply chains. The production of various products in the industrial robot control system was shut down during the COVID-19 pandemic which hampered the growth of the market to some extent.
The top players in the industrial robotics market, headquartered in Japan, witnessed a major decline in their 2019 revenue. In 2020, the demand and sales of equipment and machinery were halted as giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, were badly affected by the spread of coronavirus. This harmed the market growth. The automation providers witnessed a decline in revenues in 2020 due to limited operations of industries in the first two quarters. There was the sluggish installation of industrial robots in various key industries, such as automotive; electrical and electronics; and metals and machinery. However, the pandemic has significantly accelerated the use of robotics and other technologies to increase productivity across some industries. In 2020, the sales of disinfectant robots by Blue Ocean Robotics skyrocketed, recording a 1,000% surge in demand from airports, schools, and hospitals. The COVID-19 pandemic has forced manufacturing industries to re-evaluate their traditional production processes and devise new agile approaches to monitor product and quality control. The rapid digital transformation and the shift towards automation during the crisis may also serve as major contributing factors to industry growth soon.
Chapter 1. Global Robot Control System Market – Scope & Methodology
1.1. Market Segmentation
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. Global Robot Control System Market – Executive Summary
2.1. Market Size & Forecast – (2022 – 2027) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2022 - 2027
2.3.2. Impact on Supply – Demand
Chapter 3. Global Robot Control System Market – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. Global Robot Control System Market Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. Global Robot Control System Market - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. Global Robot Control System Market – By Technology
6.1. Continuous path control robot
6.2. Point to point control robot
6.3. Controlled-path robot
Chapter 7. Global Robot Control System Market – By By Autonomy:
7.1. Human Operated
Chapter 8. Global Robot Control System Market- By System type
Chapter 9. Global Robot Control System Market- By Application
9.3. Electrical & Electronics
9.4. Servicing and Maintenance
9.5. Chemicals & Materials
9.7.Food and Beverage
9.9. Aerospace and Defense
9.10. Oil & Gas
9.11. Mining & Metals
Chapter 10. Global Robot Control System Market - By Region
10.1. North America
10.4. The Middle East and Africa
Chapter 11. Global Robot Control System Market – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
11.1. Company 1
11.2. Company 2
11.3. Company 3
11.4. Company 4
11.5 Company 5
11.6. Company 6
11.7. Company 7
11.8. Company 8
11.9. Company 9
11.10. Company 10
Primary & Secondary Sources to Collect & Validate Data
Utilization of Both Top Down & Bottom Up Approach
Holistic Research Methodology
Scope & Introductory Research
In the initial stage of research, the scope for market is defined. In order to better understanding of the market, secondary focus is on different segmentations of the market. Preliminary research involves identifying key data points related to the market under consideration to estimate the market sizes to the best extent.
Based on the scope of the market and the key data points, a number of secondary sources are considered. This data collection stage consists of a team of analysts who gather data from various secondary resources, accessing proprietary databases and primary research by reaching out to key market participants and opinion leaders.
At this stage, collected data using several sources is arranged in structured format. The sources include industry participants, in-house models, key opinion leaders in the market ecosystem and databases. Historical data trends are established at this point, and compared to the current scenario. Based on the macro- and micro-factor prevailing in various geographies, proprietary data models are used to analyze key market countries. Key players in this market are listed based on their capabilities in revenue, sales, and development. The study also involves the identification of companies in the category of 'new entrants' and their potential effects on the market.
At this stage, the analyst team moves on to understand how the market has changed over the years. The total size of the market is gathered after an study of different business segments and end-users is done. An impact research is also done to see what factors will/may influence the market in the years ahead. The effect of various variables on the industry is often taken into account when forecasting market sizes.
Data verification is conducted at all research levels, however this stage is dedicated to more rigorous checking of the data points. At this stage, the estimated data is triangulated with company revenues and checked with industry experts including several senior executives and key opinion leaders in the market. The data is then summarized, and the findings are derived from the same for the report.
Quality Assurance & Report Preparation
Holistic research methodology is followed with combination of Top Down and Bottom Up approach to undertake the estimation and forecasting task in order to ensure quality of data. At this stage of the research process, a dedicated QA team checks the data and approves after several predefined checks. Each section is checked and questioned to make the report accurate and reliable. In case of discrepancy, a team of analysts reviews the issue, and the whole process is repeated again. That significantly improves the report's quality. After approval, all the parts of the report are brought together and is formatted by highly trained team thus making it ready to dispatch.