Market by Type, Application, Verticals, and Country | Forecast 2021-2028
Triton’s report estimated
that the Latin American industrial robots market is likely to surge at a CAGR
of 9.21% during the predicted period 2021-2028.
Report scope can be customized per your requirements. Request For Customization
The countries
scrutinized in this market include:
• Brazil
• Mexico
• Rest of Latin America
In the region, the
adoption of autonomous mobile robots is gaining significant traction.
Additionally, the surged adoption of new technologies, innovation in AI, and
expansion of automotive industries are key factors influencing the growth of
the industrial robots market across the region. Other than this, the rising
acceptance of industrial robots is a major factor driving the growth of the
industrial robots market across Latin America.
In Brazil, the majority
of industrial robots are sold in the automobile sector. This has encouraged
companies in the electronics, food and beverage, and aerospace industries to
adopt robots for various processes. Additionally, companies like Philips, Ford,
GM, and Nestle, have deployed robotic work cells in the past years. Recently, Accenture
acquired Pollux, a Brazilian company offering industrial robotics and
automation systems, to boost its digital manufacturing, operations, and supply
chain capabilities. Besides, the rising use of industrial robots proliferates
the growth of the industrial robots market across Brazil.
Mexico is incorporating
new technologies in its digital infrastructure. Moreover, it has started using
industrial robots across various manufacturing sectors. Along with this, major
automotive companies with production facilities in the country, including
Toyota, Nissan, Ford, and Kenworth, are implementing robotics. Hence, these
factors are motivating the development of the Mexican industrial robots market.
Kuka AG is a
manufacturer and supplier of industrial robots and automated production systems
and solutions. The company’s product portfolio includes industrial robots,
automated manufacturing systems, and transmission assembly systems for cars. It
is also involved in offering engineering services to its clients. The company
markets its products across multiple industries, including electronics,
plastics, automotive, and healthcare industries. Kuka has operations across
numerous regions, including Latin America.
1. LATIN
AMERICA INDUSTRIAL ROBOTS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON INDUSTRIAL ROBOTS MARKET
2.2. KEY
INSIGHTS
2.2.1. GROWING
INDUSTRIAL IOT 4.0
2.2.2. USE OF
ROBOTS TO REDUCE CARBON FOOTPRINT
2.2.3. INCORPORATING
HUMAN-ROBOT INTERACTION IN INDUSTRIAL ROBOTS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. CONTRACTS
& AGREEMENTS
2.6.2. PRODUCT
LAUNCHES
2.6.3. INVESTMENTS
& EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. RISING
R&D INVESTMENTS IN ROBOTS
2.7.2. INCREASING
ADOPTION OF INDUSTRIAL ROBOTS
2.7.3. EMERGING
SMART FACTORIES
2.8. MARKET
CHALLENGES
2.8.1. SCARCITY
OF SKILLED WORKFORCE
2.8.2. RESISTANCE
AMONG EMPLOYEES
2.8.3. HIGH
COST OF INDUSTRIAL ROBOTS
2.9. MARKET
OPPORTUNITIES
2.9.1. EMPLOYING
COBOTS IN WORKPLACES
2.9.2. ADOPTION
OF AUTONOMOUS MOBILE ROBOTS (AMRS)
2.9.3. UTILIZATION
OF AI IN INDUSTRIAL ROBOTS
3. LATIN
AMERICA INDUSTRIAL ROBOTS MARKET OUTLOOK - BY TYPE
3.1. ARTICULATED
ROBOTS
3.2. CARTESIAN
ROBOTS
3.3. SCARA
ROBOTS
3.4. CYLINDRICAL
ROBOTS
3.5. OTHER
ROBOTS
4. LATIN
AMERICA INDUSTRIAL ROBOTS MARKET OUTLOOK - BY APPLICATION
4.1. MATERIAL
HANDLING
4.2. ASSEMBLING
& DISASSEMBLING
4.3. WELDING
& SOLDERING
4.4. DISPENSING
4.5. PROCESSING
4.6. OTHER
APPLICATIONS
5. LATIN
AMERICA INDUSTRIAL ROBOTS MARKET OUTLOOK - BY VERTICALS
5.1. AUTOMOTIVE
5.2. ELECTRONIC
& ELECTRIC
5.3. MACHINERY
PRODUCTS & METAL
5.4. CHEMICAL,
PLASTICS & RUBBER
5.5. FOOD
& BEVERAGE
5.6. OTHER
VERTICALS
6. LATIN
AMERICA INDUSTRIAL ROBOTS MARKET – REGIONAL OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST
OF LATIN AMERICA
7. COMPETITIVE
LANDSCAPE
7.1. ABB
LTD
7.2. AUROTEK
CORPORATION
7.3. FANUC
CORPORATION
7.4. KAWASAKI
HEAVY INDUSTRIES LTD
7.5. KUKA
AG
7.6. MITSUBISHI
ELECTRIC CORPORATION
7.7. NACHI FUJIKOSHI
CORPORATION
7.8. OMRON
ADEPT
7.9. RETHINK
ROBOTICS
7.10. ROCKWELL
AUTOMATION INC
7.11. SCHUNK
GMBH
7.12. SEIKO
EPSON CORPORATION
7.13. STAUBLI
INTERNATIONAL AG
7.14. UNIVERSAL
ROBOTS
7.15. YAMAHA
ROBOTICS
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
INDUSTRIAL ROBOTS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA
INDUSTRIAL ROBOTS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 4: LATIN AMERICA
INDUSTRIAL ROBOTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 5: LATIN AMERICA
INDUSTRIAL ROBOTS MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 6: LATIN AMERICA
INDUSTRIAL ROBOTS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE
1: MARKET ATTRACTIVENESS INDEX
FIGURE
2: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY TYPE, 2020 & 2028 (IN %)
FIGURE
3: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY ARTICULATED ROBOTS, 2021-2028 (IN
$ MILLION)
FIGURE
4: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY CARTESIAN ROBOTS, 2021-2028 (IN $
MILLION)
FIGURE
5: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY SCARA ROBOTS, 2021-2028 (IN $
MILLION)
FIGURE
6: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY CYLINDRICAL ROBOTS, 2021-2028 (IN
$ MILLION)
FIGURE
7: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY OTHER ROBOTS, 2021-2028 (IN $
MILLION)
FIGURE
8: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY APPLICATION, 2020 & 2028 (IN
%)
FIGURE
9: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY MATERIAL HANDLING, 2021-2028 (IN
$ MILLION)
FIGURE
10: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY ASSEMBLING & DISASSEMBLING,
2021-2028 (IN $ MILLION)
FIGURE
11: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY WELDING & SOLDERING,
2021-2028 (IN $ MILLION)
FIGURE
12: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY DISPENSING, 2021-2028 (IN $
MILLION)
FIGURE
13: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY PROCESSING, 2021-2028 (IN $
MILLION)
FIGURE
14: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY OTHER APPLICATIONS, 2021-2028
(IN $ MILLION)
FIGURE
15: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY VERTICALS, 2020 & 2028 (IN
%)
FIGURE
16: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $
MILLION)
FIGURE
17: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY ELECTRONIC & ELECTRIC,
2021-2028 (IN $ MILLION)
FIGURE
18: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY MACHINERY PRODUCTS & METAL,
2021-2028 (IN $ MILLION)
FIGURE
19: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY CHEMICAL, PLASTICS & RUBBER,
2021-2028 (IN $ MILLION)
FIGURE
20: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY FOOD & BEVERAGE, 2021-2028
(IN $ MILLION)
FIGURE
21: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, BY OTHER VERTICALS, 2021-2028 (IN $
MILLION)
FIGURE
22: LATIN AMERICA INDUSTRIAL ROBOTS MARKET, REGIONAL OUTLOOK, 2020 & 2028
(IN %)
FIGURE
23: BRAZIL INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)
FIGURE
24: MEXICO INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)
FIGURE
25: REST OF LATIN AMERICA INDUSTRIAL ROBOTS MARKET 2021-2028 (IN $ MILLION)