The Asia Pacific Commercial Robots Market would witness market growth of 19.9% CAGR during the forecast period (2023-2029).
Robots are employed to complete complex and challenging activities, and these autonomous devices are useful in the commercial industry to complete all harmful tasks for people. Humans occasionally avoid performing these kinds of duties due to danger, similar to working in the deep ocean, but companies can avoid this problem by using robots. They aid in operating in confined spaces as well. Robots are utilized in many hazardous locations and carry out numerous duties that are hazardous to people.
For example, work that involves extreme heat or temperature can result in burns or explosions that are risky for humans to accomplish; robots handle these kinds of explosive operations. Many people associate robots primarily with industrial uses. Robots do have further business uses, though. Commercial robots are now being used in many industries because of technological improvements. In addition, robotic applications are incredibly useful, especially for tedious and challenging tasks. So, it is anticipated that demand for commercial robots will increase even further in the coming decade.
Remotely operated vehicles (ROVs) and autonomous underwater vehicles are greatly needed due to the region's oil and gas industry's recent rapid rise (in AUVs). In addition, an increasing tendency for automation is also being seen in Australia, India, and China, along with globalization. Additionally, China and South Korea significantly influence the use of robots due to the large deployment of the automobile and electronic manufacturing industries. The automotive industry has grown quickly in China, which is significant to the sector. According to the Chinese government, the automobile industry in China, which includes the auto parts industry, is one of the key pillar industries. Furthermore, as a result of the aging population in the area, government organizations want to deploy robots in the workforce more frequently.
The China market dominated the Asia Pacific Commercial Robots Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $6,500.4 million by 2029. The Japan market is estimated to grow a CAGR of 19.2% during (2023 - 2029). Additionally, The India market would experience a CAGR of 20.7% during (2023 - 2029).
Based on Application, the market is segmented into Medical & Healthcare, Defense & Security, Agriculture & Forestry, Marine and Others. Based on Type, the market is segmented into Autonomous Guided Robotics, Medical Robots, Drones, Field Robots and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Commercial Robots Market is Projected to reach USD 56.4 Billion by 2029, at a CAGR of 19.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC (Alphabet, Inc.), Omron Corporation, Boston Dynamics (Hyundai Motor Company), Northrop Grumman Corporation, iRobot Corporation (Amazon.com, Inc.), Kuka AG (Midea Investment Holding Co., Ltd.), Yaskawa Electric Corporation, Honda Motor Co. Ltd., Accuray Incorporated and AeroVironment, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Medical & Healthcare
- Defense & Security
- Agriculture & Forestry
- Marine
- Others
By Type
- Autonomous Guided Robotics
- Medical Robots
- Drones
- Field Robots
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Google LLC (Alphabet, Inc.)
- Omron Corporation
- Boston Dynamics (Hyundai Motor Company)
- Northrop Grumman Corporation
- iRobot Corporation (Amazon.com, Inc.)
- Kuka AG (Midea Investment Holding Co., Ltd.)
- Yaskawa Electric Corporation
- Honda Motor Co. Ltd.
- Accuray Incorporated
- AeroVironment, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Commercial Robots Market, by Application
1.4.2 Asia Pacific Commercial Robots Market, by Type
1.4.3 Asia Pacific Commercial Robots Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Aug – 2023, Mar) Leading Players
Chapter 4. Asia Pacific Commercial Robots Market by Application
4.1 Asia Pacific Medical & Healthcare Market by Country
4.2 Asia Pacific Defense & Security Market by Country
4.3 Asia Pacific Agriculture & Forestry Market by Country
4.4 Asia Pacific Marine Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Commercial Robots Market by Type
5.1 Asia Pacific Autonomous Guided Robotics Market by Country
5.2 Asia Pacific Medical Robots Market by Country
5.3 Asia Pacific Drones Market by Country
5.4 Asia Pacific Field Robots Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Commercial Robots Market by Country
6.1 China Commercial Robots Market
6.1.1 China Commercial Robots Market by Application
6.1.2 China Commercial Robots Market by Type
6.2 Japan Commercial Robots Market
6.2.1 Japan Commercial Robots Market by Application
6.2.2 Japan Commercial Robots Market by Type
6.3 India Commercial Robots Market
6.3.1 India Commercial Robots Market by Application
6.3.2 India Commercial Robots Market by Type
6.4 South Korea Commercial Robots Market
6.4.1 South Korea Commercial Robots Market by Application
6.4.2 South Korea Commercial Robots Market by Type
6.5 Singapore Commercial Robots Market
6.5.1 Singapore Commercial Robots Market by Application
6.5.2 Singapore Commercial Robots Market by Type
6.6 Malaysia Commercial Robots Market
6.6.1 Malaysia Commercial Robots Market by Application
6.6.2 Malaysia Commercial Robots Market by Type
6.7 Rest of Asia Pacific Commercial Robots Market
6.7.1 Rest of Asia Pacific Commercial Robots Market by Application
6.7.2 Rest of Asia Pacific Commercial Robots Market by Type
Chapter 7. Company Profiles
7.1 Google LLC (Alphabet, Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Omron Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Boston Dynamics (Hyundai Motor Company)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.4 Northrop Grumman Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research and Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.5 iRobot Corporation (Amazon.com, Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Kuka AG (Midea Investment Holding Co., Ltd.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.7 Yaskawa Electric Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Product Launches and Product Expansions:
7.8 Honda Motor Co. Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.9 Accuray Incorporated
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.10. AeroVironment, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
7.10.5.2 Acquisition and Mergers:
TABLE 1 Asia Pacific Commercial Robots Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Commercial Robots Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Commercial Robots Market
TABLE 4 Product Launches And Product Expansions– Commercial Robots Market
TABLE 5 Acquisition and Mergers– Commercial Robots Market
TABLE 6 Asia Pacific Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 8 Asia Pacific Medical & Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Medical & Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 10 Asia Pacific Defense & Security Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Defense & Security Market by Country, 2023 - 2029, USD Million
TABLE 12 Asia Pacific Agriculture & Forestry Market by Country, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Agriculture & Forestry Market by Country, 2023 - 2029, USD Million
TABLE 14 Asia Pacific Marine Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Marine Market by Country, 2023 - 2029, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 18 Asia Pacific Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 20 Asia Pacific Autonomous Guided Robotics Market by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Autonomous Guided Robotics Market by Country, 2023 - 2029, USD Million
TABLE 22 Asia Pacific Medical Robots Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Medical Robots Market by Country, 2023 - 2029, USD Million
TABLE 24 Asia Pacific Drones Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Drones Market by Country, 2023 - 2029, USD Million
TABLE 26 Asia Pacific Field Robots Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Field Robots Market by Country, 2023 - 2029, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 30 Asia Pacific Commercial Robots Market by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Commercial Robots Market by Country, 2023 - 2029, USD Million
TABLE 32 China Commercial Robots Market, 2019 - 2022, USD Million
TABLE 33 China Commercial Robots Market, 2023 - 2029, USD Million
TABLE 34 China Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 35 China Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 36 China Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 37 China Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 38 Japan Commercial Robots Market, 2019 - 2022, USD Million
TABLE 39 Japan Commercial Robots Market, 2023 - 2029, USD Million
TABLE 40 Japan Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 41 Japan Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 42 Japan Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 43 Japan Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 44 India Commercial Robots Market, 2019 - 2022, USD Million
TABLE 45 India Commercial Robots Market, 2023 - 2029, USD Million
TABLE 46 India Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 47 India Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 48 India Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 49 India Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 50 South Korea Commercial Robots Market, 2019 - 2022, USD Million
TABLE 51 South Korea Commercial Robots Market, 2023 - 2029, USD Million
TABLE 52 South Korea Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 53 South Korea Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 54 South Korea Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 55 South Korea Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 56 Singapore Commercial Robots Market, 2019 - 2022, USD Million
TABLE 57 Singapore Commercial Robots Market, 2023 - 2029, USD Million
TABLE 58 Singapore Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 59 Singapore Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 60 Singapore Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 61 Singapore Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 62 Malaysia Commercial Robots Market, 2019 - 2022, USD Million
TABLE 63 Malaysia Commercial Robots Market, 2023 - 2029, USD Million
TABLE 64 Malaysia Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 65 Malaysia Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 66 Malaysia Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 67 Malaysia Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 68 Rest of Asia Pacific Commercial Robots Market, 2019 - 2022, USD Million
TABLE 69 Rest of Asia Pacific Commercial Robots Market, 2023 - 2029, USD Million
TABLE 70 Rest of Asia Pacific Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 71 Rest of Asia Pacific Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 72 Rest of Asia Pacific Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 73 Rest of Asia Pacific Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 74 Key Information – Google LLC
TABLE 75 Key Information – Omron Corporation
TABLE 76 key Information – Boston Dynamics
TABLE 77 Key Information – Northrop Grumman Corporation
TABLE 78 Key Information – iRobot Corporation
TABLE 79 Key Information – Kuka AG
TABLE 80 Key Information – Yaskawa Electric Corporation
TABLE 81 key Information – Honda Motor Co. Ltd.
TABLE 82 Key Information – Accuray Incorporated
TABLE 83 Key Information – AeroVironment, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020, Aug – 2023, Mar) Leading Players
FIG 5 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 6 SWOT Analysis: Omron Corporation
FIG 7 Recent strategies and developments: Boston Dynamics
FIG 8 Recent strategies and developments: Kuka AG
FIG 9 Recent strategies and developments: AeroVironment, Inc.