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Global Industrial Robotic Arms Market to Reach US$10.9 Billion by the Year 2027

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New York, June 23, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Industrial Robotic Arms Industry” – https://www.reportlinker.com/p06031903/?utm_source=GNW
9 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027.Automotive, one of the segments analyzed in the report, is projected to grow at a 6.6% CAGR to reach US$4.3 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electrical / Electronics segment is readjusted to a revised 7% CAGR for the next 7-year period. This segment currently accounts for a 23.9% share of the global Industrial Robotic Arms market.

The U.S. Accounts for Over 13.2% of Global Market Size in 2020, While China is Forecast to Grow at a 7.5% CAGR for the Period of 2020-2027

– The Industrial Robotic Arms market in the U.S. is estimated at US$928.9 Million in the year 2020. The country currently accounts for a 13.25% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.2 Billion in the year 2027 trailing a CAGR of 7.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 5.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR while Rest of European market (as defined in the study) will reach US$3.2 Billion by the year 2027.

Metal & Heavy Machinery Segment Corners a 10.7% Share in 2020

– In the global Metal & Heavy Machinery segment, USA, Canada, Japan, China and Europe will drive the 5.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$542.8 Million in the year 2020 will reach a projected size of US$800.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2027, while Latin America will expand at a 5.8% CAGR through the analysis period.

Select Competitors (Total 77 Featured)

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  • ABB Ltd
  • Fanuc Corporation
  • KUKA Robotics Corporation
  • Mitsubishi Electric
  • Yaskawa Electric Corporation

Read the full report: https://www.reportlinker.com/p06031903/?utm_source=GNW

CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession: 2020
Marked as a Year of Disruption & Transformation
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual
% Change) for 2020 through 2022
Impact of the Pandemic on Robotics
The Market Post-COVID-19 Disruption
Robots Garner Attention as Critical Resource to Combat COVID-19
Pandemic; also Attract Government Investments
Reported Use of Robots for to Combat COVID-19
Robotics Investments in June 2020
Robots: The Marvels of Modern Engineering
An Introduction to Industrial Robots and Robotic Arms
The Evolution of Robotic Arms
Types of Robotic Arms
Uses of Robotic Arms
Advantages and Disadvantages of Industrial Robots
Key Application Areas of Robotic Arms
Industrial Robotic Arms for the Manufacturing Industry
Market Overview
Global Market Prospects & Outlook
EXHIBIT 2: World Industrial Robotic Arms Market by Application
(2021 & 2027): Percentage Breakdown of Sales for Automotive,
Electrical / Electronics, Metal & Heavy Machinery, Chemicals,
Food & Beverage, and Other Applications
Market Feels the Heat of COVID-19 Impact
Developing Countries Spur Future Market Growth
EXHIBIT 3: World Industrial Robotic Arms Market by Region:
Percentage Breakdown of Sales for Developed and Developing
Regions (2021 & 2027)
EXHIBIT 4: World Industrial Robotic Arms Market – Geographic
Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-
Pacific, Latin America, Middle East, USA, Africa, Japan,
Europe, and Canada
Competitive Landscape
EXHIBIT 5: Number of Startups by Region: 2019
Recent Market Activity
Select Global Brands

2. FOCUS ON SELECT PLAYERS

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3. MARKET TRENDS & DRIVERS
Established Use Case Across Diverse End-Use Sectors Bodes Well
Continued Emphasis on Automation Widens Business Prospects
Ongoing Shift Towards Industry 4.0 to Drive Next Wave of Growth
EXHIBIT 6: Major Industry 4.0 Technologies: Global Market Size
(US$ Billion) for Internet of Things (IoT), Big Data, Smart
factory, Advanced Analytics, Service Robotics, and Smart
Machines for 2020
IoT & Artificial Intelligence to Widen the Capabilities of
Robotic Arm
EXHIBIT 7: Global IoT Market (In US$ Billion) by Industry for
the Years 2018 and 2022
EXHIBIT 8: Global Investments in Industrial IoT (IIoT)
Platforms (In US$ Million) for the Years 2018, 2022 and 2025
Shortage of Skilled Workers & Aging Workforce Underpin Uptake
Volumes
EXHIBIT 9: Age Dependency Ratio in Select Countries (2010, 2020 &
2030): Percentage of Dependent People Per 100 Working Age
Population
Automotive Sector: Dominant Consumer of Robotic Arms
EXHIBIT 10: World Automobile Production in Million Units: 2008
-2022
High Growth Opportunities Identified in Food & Beverage Sector
EXHIBIT 11: Global Sales of Processed Foods in US$ Billion for
Years 2014, 2016, 2018 and 2020
Automated Systems Gain Traction in Electrical & Electronics
Production Units
Market to Gain from Growing Relevance in Healthcare and
Pharmaceuticals Sector
Robotic Arms Step In to Resolve Critical Handling Needs
Effort to Resolve Prevailing Issues & Challenges Critical for
Future Success of Rehabilitation Exoskeleton Robots
E-Commerce Widens the Opportunities for Robotic Arms
EXHIBIT 12: Global e-Commerce Sales as Percentage of Total
Retail Sales (2015-2021)
Advancements in Industrial Robotics to Influence Future Prospects
A Look Into Major Trends in the Robotic EOAT Marketspace
Resolving the Prevailing Challenges: Critical for Future Success

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Industrial Robotic
Arms by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 2: World Historic Review for Industrial Robotic Arms by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 3: World 15-Year Perspective for Industrial Robotic Arms
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets for Years 2012, 2020 & 2027

Table 4: World Current & Future Analysis for Automotive by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

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Table 5: World Historic Review for Automotive by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 6: World 15-Year Perspective for Automotive by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027

Table 7: World Current & Future Analysis for Electrical /
Electronics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 8: World Historic Review for Electrical / Electronics by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 9: World 15-Year Perspective for Electrical / Electronics
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

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Table 10: World Current & Future Analysis for Metal & Heavy
Machinery by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 11: World Historic Review for Metal & Heavy Machinery by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 12: World 15-Year Perspective for Metal & Heavy Machinery
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 13: World Current & Future Analysis for Chemicals by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 14: World Historic Review for Chemicals by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

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Table 15: World 15-Year Perspective for Chemicals by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027

Table 16: World Current & Future Analysis for Food & Beverage
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 17: World Historic Review for Food & Beverage by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 18: World 15-Year Perspective for Food & Beverage by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 19: World Current & Future Analysis for Other
Applications by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

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Table 20: World Historic Review for Other Applications by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 21: World 15-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 22: USA Current & Future Analysis for Industrial Robotic
Arms by Application – Automotive, Electrical / Electronics,
Metal & Heavy Machinery, Chemicals, Food & Beverage and Other
Applications – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 23: USA Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

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Table 24: USA 15-Year Perspective for Industrial Robotic Arms
by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

CANADA
Table 25: Canada Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 26: Canada Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 27: Canada 15-Year Perspective for Industrial Robotic
Arms by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

JAPAN
Table 28: Japan Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

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Table 29: Japan Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 30: Japan 15-Year Perspective for Industrial Robotic Arms
by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

CHINA
Table 31: China Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 32: China Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 33: China 15-Year Perspective for Industrial Robotic Arms
by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

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EUROPE
Table 34: Europe Current & Future Analysis for Industrial
Robotic Arms by Geographic Region – France, Germany, Italy, UK,
Spain, Russia and Rest of Europe Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2020 through 2027 and
% CAGR

Table 35: Europe Historic Review for Industrial Robotic Arms by
Geographic Region – France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 36: Europe 15-Year Perspective for Industrial Robotic
Arms by Geographic Region – Percentage Breakdown of Value Sales
for France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets for Years 2012, 2020 & 2027

Table 37: Europe Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 38: Europe Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

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Table 39: Europe 15-Year Perspective for Industrial Robotic
Arms by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

FRANCE
Table 40: France Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 41: France Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 42: France 15-Year Perspective for Industrial Robotic
Arms by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

GERMANY
Table 43: Germany Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

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Table 44: Germany Historic Review for Industrial Robotic Arms
by Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 45: Germany 15-Year Perspective for Industrial Robotic
Arms by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

ITALY
Table 46: Italy Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 47: Italy Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 48: Italy 15-Year Perspective for Industrial Robotic Arms
by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

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UNITED KINGDOM
Table 49: UK Current & Future Analysis for Industrial Robotic
Arms by Application – Automotive, Electrical / Electronics,
Metal & Heavy Machinery, Chemicals, Food & Beverage and Other
Applications – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 50: UK Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 51: UK 15-Year Perspective for Industrial Robotic Arms by
Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

SPAIN
Table 52: Spain Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 53: Spain Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

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Table 54: Spain 15-Year Perspective for Industrial Robotic Arms
by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

RUSSIA
Table 55: Russia Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 56: Russia Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 57: Russia 15-Year Perspective for Industrial Robotic
Arms by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

REST OF EUROPE
Table 58: Rest of Europe Current & Future Analysis for
Industrial Robotic Arms by Application – Automotive, Electrical
/ Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

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Table 59: Rest of Europe Historic Review for Industrial Robotic
Arms by Application – Automotive, Electrical / Electronics,
Metal & Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 60: Rest of Europe 15-Year Perspective for Industrial
Robotic Arms by Application – Percentage Breakdown of Value
Sales for Automotive, Electrical / Electronics, Metal & Heavy
Machinery, Chemicals, Food & Beverage and Other Applications
for the Years 2012, 2020 & 2027

ASIA-PACIFIC
Table 61: Asia-Pacific Current & Future Analysis for Industrial
Robotic Arms by Geographic Region – Australia, India, South
Korea and Rest of Asia-Pacific Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2020 through 2027 and
% CAGR

Table 62: Asia-Pacific Historic Review for Industrial Robotic
Arms by Geographic Region – Australia, India, South Korea and
Rest of Asia-Pacific Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 63: Asia-Pacific 15-Year Perspective for Industrial
Robotic Arms by Geographic Region – Percentage Breakdown of
Value Sales for Australia, India, South Korea and Rest of
Asia-Pacific Markets for Years 2012, 2020 & 2027

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Table 64: Asia-Pacific Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 65: Asia-Pacific Historic Review for Industrial Robotic
Arms by Application – Automotive, Electrical / Electronics,
Metal & Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 66: Asia-Pacific 15-Year Perspective for Industrial
Robotic Arms by Application – Percentage Breakdown of Value
Sales for Automotive, Electrical / Electronics, Metal & Heavy
Machinery, Chemicals, Food & Beverage and Other Applications
for the Years 2012, 2020 & 2027

AUSTRALIA
Table 67: Australia Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 68: Australia Historic Review for Industrial Robotic Arms
by Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

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Table 69: Australia 15-Year Perspective for Industrial Robotic
Arms by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

INDIA
Table 70: India Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 71: India Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 72: India 15-Year Perspective for Industrial Robotic Arms
by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

SOUTH KOREA
Table 73: South Korea Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

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Table 74: South Korea Historic Review for Industrial Robotic
Arms by Application – Automotive, Electrical / Electronics,
Metal & Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 75: South Korea 15-Year Perspective for Industrial
Robotic Arms by Application – Percentage Breakdown of Value
Sales for Automotive, Electrical / Electronics, Metal & Heavy
Machinery, Chemicals, Food & Beverage and Other Applications
for the Years 2012, 2020 & 2027

REST OF ASIA-PACIFIC
Table 76: Rest of Asia-Pacific Current & Future Analysis for
Industrial Robotic Arms by Application – Automotive, Electrical
/ Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 77: Rest of Asia-Pacific Historic Review for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 78: Rest of Asia-Pacific 15-Year Perspective for
Industrial Robotic Arms by Application – Percentage Breakdown
of Value Sales for Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications for the Years 2012, 2020 & 2027

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LATIN AMERICA
Table 79: Latin America Current & Future Analysis for
Industrial Robotic Arms by Geographic Region – Brazil, Mexico
and Rest of Latin America Markets – Independent Analysis of
Annual Sales in US$ Thousand for Years 2020 through 2027 and %
CAGR

Table 80: Latin America Historic Review for Industrial Robotic
Arms by Geographic Region – Brazil, Mexico and Rest of Latin
America Markets – Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2019 and % CAGR

Table 81: Latin America 15-Year Perspective for Industrial
Robotic Arms by Geographic Region – Percentage Breakdown of
Value Sales for Brazil, Mexico and Rest of Latin America
Markets for Years 2012, 2020 & 2027

Table 82: Latin America Current & Future Analysis for
Industrial Robotic Arms by Application – Automotive, Electrical
/ Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 83: Latin America Historic Review for Industrial Robotic
Arms by Application – Automotive, Electrical / Electronics,
Metal & Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

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Table 84: Latin America 15-Year Perspective for Industrial
Robotic Arms by Application – Percentage Breakdown of Value
Sales for Automotive, Electrical / Electronics, Metal & Heavy
Machinery, Chemicals, Food & Beverage and Other Applications
for the Years 2012, 2020 & 2027

BRAZIL
Table 85: Brazil Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

Table 86: Brazil Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrical / Electronics, Metal &
Heavy Machinery, Chemicals, Food & Beverage and Other
Applications Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 87: Brazil 15-Year Perspective for Industrial Robotic
Arms by Application – Percentage Breakdown of Value Sales for
Automotive, Electrical / Electronics, Metal & Heavy Machinery,
Chemicals, Food & Beverage and Other Applications for the Years
2012, 2020 & 2027

MEXICO
Table 88: Mexico Current & Future Analysis for Industrial
Robotic Arms by Application – Automotive, Electrical /
Electronics, Metal & Heavy Machinery, Chemicals, Food &
Beverage and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR

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Table 89: Mexico Historic Review for Industrial Robotic Arms by
Application – Automotive, Electrica
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Artificial Intelligence

Metz, in Partnership with AI TECH, Introduces Advanced Interactive Flat Panel to Middle East Market

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SHENZHEN, China, June 17, 2024 /PRNewswire/ — METZ Display, a sub-brand of SKYWORTH and a provider of innovative interactive displays for education and business. The announcement of Artificial Intelligence Technologies LLC Dubai as the authorized exclusive distributor for the UAE market as well as the Oman, Qatar, and Bahrain markets marks a significant expansion for METZ Display. By partnering with a trusted distributor like Artificial Intelligence Technologies, METZ is strategically positioning itself to deliver its full range of smart education and smart conference room applications across these regions. This move not only strengthens METZ’s presence in the Middle East but also underscores its commitment to providing innovative interactive displays tailored for both educational and business environments.

Based on the 16 years of R&D and business experience in the IFPD market from SKYWORTH, METZ Display fully inherited its technology and has introduced several interactive displays in the education and business sectors that provide a highly immersive environment and user-friendly experience since 2022, such as the all-in-one LCD.
Mr. Summer Deng METZ  Sales & Marketing Head of MEA, said: ” The IFPD market in MEA is expected to see rapid growth over the next couple of years. The partnership with Artificial Intelligence Technologies LLC, a business entity to promote AI & AV Products, Tools, and services in the United Arab Emirates & Middle East Region will take METZ Display to another new level. We are confident to further develop our quality products and service!”
METZ Display is expanding its reach into the UAE market through Artificial Intelligence Technologies LLC Dubai as its authorized distributor.
The introduction of the METZ K Pro Series, particularly the EDLA Certified collaborative display, in the MEA Region highlights their commitment to providing innovative interactive display solutions for both education and business sectors. This move could potentially enhance learning and collaboration experiences in the region.
Mr. Harold Fernandes, the Managing Director of Artificial Intelligence Technologies, seems quite enthusiastic about the partnership with METZ Display. His emphasis on the versatility of METZ’s portfolio, applicable across various sectors such as education and business, reflects a keen understanding of the market’s needs. By highlighting the engaging experiences offered by METZ Display products, he’s underlining the potential benefits for resellers and end-users alike. This partnership seems poised to bring innovative solutions to the UAE market.
About METZ Display
With Skyworth, one of the world’s largest TV companies, and Metz, one of the oldest German manufacturers, METZ Display creates high-quality educational and business applications that make state-of-the-art screen technology available to everyone by combining their strengths and 80 years of experience.
About Artificial Intelligence Technologies LLC
Artificial Intelligence Technologies LLC, Is established as a business entity to promote AI & AV Products, and complete AV Solution, Tools & Services in the United Arab Emirates & Middle East Region. Visit the website at https://ai-tech.ai/ 
Phone: +971 4299 0544Email: [email protected]: www.ai-tech.ai
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Artificial Intelligence

Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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Get access to the latest updates on LoRa and LoRaWAN IoT Companies and LoRa and LoRaWAN IoT Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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