Robot Controller, Integrator and Software Market Size, Share & Growth

Updated on : October 22, 2024

Robot Controller, Integrator and Software Market Size & Growth

The global robot controller, integrator, and software market size was valued at USD 6.3 billion in 2023 and is estimated to reach USD 12.5 billion by 2028, growing at a CAGR of 14.8% during the forecast period.2023 to 2028  The increasing demand for industrial automation as well as technological advancements in electrical and electronics, automotive and e-commerce, and logistics industries is driving the growth of the robot controller, integrator, and software market. The rising collaboration between robot manufacturers and integrators owing to the need to integrate artificial intelligence, machine learning, and IoT capabilities into robotic systems to amplify their capabilities require advanced robot controller, integrator, and software.

Robot Controller, Integrator and Software Market Forecast to 2028

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Robot Controller, Integrator and Software Market Trends:

Driver: Escalated demand for industrial automation in several industris such as automotive, healthcare and electronics

The growing automation in pharmaceuticals, food, automotive, electronics, metal, and packaging is creating a surge in demand for robot controllers, integrators, and software. Automation in the healthcare industry has been advancing to improve efficiency, accuracy, and safety in drug development and manufacturing processes. Advanced robot controllers enable surgeons to execute intricate maneuvers with enhanced skill and precision. Integrators collaborate with medical professionals to develop tailored solutions that align with patient care requirements, facilitating the integration of these robots into surgical workflows. For instance, precision manufacturing and consistent quality are paramount in the automotive sector. Robotic solutions offer the ability to perform intricate tasks with high accuracy, leading to improved assembly line efficiency and reduced errors. Robot controllers and software are crucial in orchestrating these operations, while integrators tailor systems to specific automotive manufacturing needs. The electronics industry relies on high-speed and precision manufacturing processes, miniaturization, and compact devices trends. All these factors are driving the demand for robot controller, integrator, and software industry during the forecast period.

Restraint: Interoperability and workforce skills

As robotics and automation technologies become more prevalent in various industries, there is a growing demand for a skilled workforce that can effectively operate, maintain, and program these robotic systems. Many existing workers does not have the necessary skills to adapt to the changing job landscape brought about by increased automation. Training the current workforce or providing relevant education to future workers can be a time-consuming and costly process. Moreover, The field of robotics is rapidly evolving, and new technologies and techniques emerge regularly. Therefore, ensuring that the workforce remains up to date with the latest advancements can be challenging for employers and employees alike. These factors negatively impact the adoption of robotics and its components.

Opportunity: Expansion of e-commerce and logistics industry

In the past few years mainly post March 2020, the e-commerce industry has witnessed an unprecedented surge in consumer demand, prompting online retailers to actively seek ways to strike a balance between speedy delivery and reduced shipping costs. The e-commerce and logistics sector is experiencing substantial growth, with advanced technologies like AI and Robotics revolutionizing the automation of complex operations in warehouses, logistics hubs, and fulfillment centers. AI-driven warehouse automation has proven highly advantageous in optimizing conveyor operations, maximizing storage utilization, streamlining inventory management, and facilitating comprehensive data collection and analytics, enabling seamless end-to-end logistics management.

Challenge: High Costs associated with integration of robots

The high costs associated with integrating robots represent a significant challenge for the robotics market. Purchasing and installing robotic systems can require a substantial upfront investment. The robots' cost, along with any necessary peripherals, sensors, and end-of-arm tools, can be significant. Additionally, some industries might require specialized robotic solutions, which can further drive up the initial costs. Also, ensuring that robots seamlessly integrate with other machinery and systems within a facility can be challenging and expensive, especially if the existing systems were not designed with automation in mind. These costs may hamper the robot controller, integrator, and software market.

Robot Controller, Integrator and Software Market Ecosystem

The Robot controller, integrator and software market is competitive, with major companies such as ABB Ltd (Switzerland), FANUC (Japan),Yaskawa Electrics (Japan), KUKA (Germany), Mitsubishi Electric (Japan), and numerous small- and medium-sized enterprises. Many players offer both controllers as well as software whilw many players along with components offer integration services. These controllers and software as well as integration services are widely required in automotive, electrical and electronics as well as e-commerce and logistics industries, among others.

Robot Controller, Integrator and Software Market Share

Based on type, the controller segment is expected to account largest market share during the forecast period.

The controller segment is projected to account for a significant market share during the forecast period. The burgeoning market for robot controllers is propelled by a confluence of factors, including escalating demand for automation across industries seeking enhanced operational efficiency and productivity. Rapid technological advancements, featuring faster processing speeds and expanded connectivity options, are driving the adoption of sophisticated robot controllers capable of intricate I/O sequencing, precise motion planning, and seamless communication with diverse devices via field-bus networks. Furthermore, the evolving landscape of manufacturing and logistics, coupled with the need for cost optimization, is fostering the demand for controllers that offer versatile integration, simplified system management, and reduced wiring complexities, fueling the growth of the robot controller segment.

Based on robot type, service robot segment is projected to grow with highest CAGR during the forecast period

The service robot market is propelled by factors including the need to address labor shortages and reduce costs through automation, technological advancements in AI and sensors, and the demand for efficient solutions in e-commerce and logistics. The aging population drives adoption in healthcare and eldercare, while safety concerns in hazardous environments favor robot deployment. Enhanced customer experiences, regulatory support, collaborative technological efforts, and environmental considerations further contribute to the expanding role of service robots across industries, from personalized retail interactions to space exploration and research.

Robot Controller, Integrator and Software Market Regional Analysis

Based on region, Asia Pacific is projected to grow fastest for the robot controller, integrator and software market

The scope of the robot controller, integrator, and software market in the Asia Pacific includes China, Japan, South Korea, India, and the Rest of Asia Pacific. The region is experiencing the fastest growth due to the increasing adoption of industrial automation and the growing automotive and semiconductor industries. As Asia Pacific is a significant automobile manufacturing hub, the adoption of robots are high in the region. The companies such as Toyota, Hyundai, Suzuki, Yamaha, and Nissan have a presence in the countries such as Japan, China, and South Korea.

Robot Controller, Integrator and Software Market by Region

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Top Robot Controller, Integrator and Software Companies - Key Market Players:

The robot controller, integrator and software companies  is dominated by a few globally established players such as

• ABB (Switzerland),
• FANUC(Japan),
• Yaskawa Electrics (Japan),
• KUKA(Germany),
• Mitsubishi Electric (Japan),
• Denso (Japan),
• ACEITA (US),
• Brain (US),
• Dynamic Robotics (India),
• KEBA (Austria) and so on)

Robot Controller, Integrator and Software Market Report Scope

Robot Controller, Integrator and Software Market Highlights

This research report categorizes the robot controller, integrator, and software market based on type, pitch, industry, and region

Recent Developments in Robot Controller, Integrator and Software Industry

• In May 2023, Yaskawa Electric Corporation (Japan) has recently announced a capital and business alliance with Oishii Farm Corporation (US). The objective of this collaboration is to establish global leadership in automation within the agricultural and food sectors.
• In March 2022, Fanuc Corporation (Japan) has launched DR-3iB/6 designed specifically for rigorous washdown environments, the DR-3iB/6 STAINLESS incorporates a completely sealed stainless steel body that provides excellent resistance to chemicals, high pressures, and elevated temperatures
• In December 2021, ABB Ltd launched E10 and V250XT controllers. It delivers top-of-the-line motion control capabilities as well as provide notable energy savings of up to 20 percent. Additionally, these controllers are equipped with built-in digital connectivity, ensuring future compatibility, and offer over 1000 additional functions to address evolving industry demands and changing requirements.

Frequently Asked Questions (FAQ):

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