By the end of 2022, the global industrial robot controller market is expected to exceed US$ 909.9 Mn. The growing trend of industrial automation for increasing productivity and decreasing production time, particularly in the electronics and semiconductor industries, is favoring market growth.
According to Future Market Insights (FMI), the global industrial robot controller market is expected to grow at an 8.9% CAGR between 2022 and 2029.
According to FMI, East Asia will be the most profitable region in the global industrial robot controller market, accounting for more than half of total sales by 2022. Regionally, South Asia & Pacific is anticipated to register high growth between 2022 and 2029.
Future Market Insights anticipates a comparison and review analysis of the industrial robot controller market dynamics, as well as recent market trends and dynamics impacting the growth outlook. With the growing trend of industrial automation for increasing productivity and decreasing production time, the market for industrial robot controllers is primarily subject to growth.
Between 2014 and 2021, the global industrial robot controller market grew at a remarkable 9.1% CAGR. Industrial robot controller sales are expected to increase by 1.99x between 2022 and 2029.
Robot controllers are commonly referred to as robot brains. They are computer systems that control the movement of industrial robotic arms and are responsible for preventing interference from occurring within robotic work areas.
However, restrictions imposed on movement and industrial manufacturing activities during the COVID-19 outbreak in 2020 hampered the overall growth of the market. However act, activities recovered since 2021 following glob the al vaccination rollrolloutiven by this, the sales in the global industrial robot controller market are projected to accelerate at a CAGR of 8.9% over the forecast period 2022-2029.
The U.S. is estimated to dominate the North American industrial robot controller market over the assessment period. Increasing adoption of robotic process automation and industrial robots such as four-axis robotic arms by leading original equipment manufacturers (OEMs) and medium-sized enterprises (SMEs), is encouraging market players to launch advanced industrial robot controllers.
As a result of such initiatives, several prominent manufacturers in the consumer electronics, automotive, and semiconductor industries are extensively deploying robotic technologies, which is driving up sales of industrial robot controllers in China. As a result of this increase in sales, the East Asian market is expected to grow at a rapid CAGR, accounting for nearly 54.7% of the value share through 2022.
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
- South Asia & Pacific
- East Asia