Modular Robotics Global Market Report 2024

Global Modular Robotics Market Report 2024

Modular Robotics Global Market Report 2024 – By Product Type( SCARA Modular Robots, Articulated Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, Other Robots), By Hardware Design( Chain-based, Lattice-based, Strut-based), By Configuration( Auto-Configuration, Manual Configuration), By End Use Industry( Automotive, Electronics and Electrical, Chemical, Food and Beverages, Pharmaceutical, Other End Use Industries) – Market Size, Trends, And Global Forecast 2024-2033

Name: Modular Robotics Global Market Report 2024
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Modular Robotics Global Market Report 2024

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Modular Robotics Market Definition

Modular robotics refers to robots designed with parts that can be reconfigured to assume different shapes and functions. These robots have the capability of reconfiguring their shapes autonomously in many cases and adapting to new circumstances, performing new tasks, or recovering from damage beyond the conventional actuation, sensing, and control typically found in fixed-morphology robots.

The main types of modular robotics are SCARA modular robots, articulated modular robots, Cartesian modular robots, parallel modular robots, and other robots. SCARA modular robots refer to the selectively compliant articulated robot arm used for automating assembly applications. The hardware designs include chain-based, lattice-based, and strut-based and are installed by auto and manual configurations by end-use industries such as automotive, electronics and electrical, chemical, food and beverage, pharmaceutical, and others.

Modular Robotics Market Segmentation

The modular robotics market covered in this report is segmented –

1) By Product Type: SCARA Modular Robots, Articulated Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, Other Robots

2) By Hardware Design: Chain-based, Lattice-based, Strut-based

3) By Configuration: Auto-Configuration, Manual Configuration

4) By End Use Industry: Automotive, Electronics and Electrical, Chemical, Food and Beverages, Pharmaceutical, Other End Use Industries

Global Modular Robotics Market Size 2023 to 2028: Graph

Modular Robotics Market Size 2024 And Growth Rate

The modular robotics market size has grown rapidly in recent years. It will grow from $8.12 billion in 2023 to $9.47 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to demand for customization, cost-efficiency and scalability, evolving industrial needs, focus on lean manufacturing, diversity of applications, training and education initiatives, increased safety standards, government initiatives and funding.

Modular Robotics Market Growth Forecast

The modular robotics market size is expected to see rapid growth in the next few years. It will grow to $16.97 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to emergence of small and medium-sized enterprises (smes), focus on rapid prototyping, customization in consumer electronics manufacturing, global resilience in supply chain management, demand for lightweight and portable robotics, focus on user-friendly interfaces. Major trends in the forecast period include collaborative and cooperative robotics, rapid advances in robotic arm technologies, integration of artificial intelligence (ai), focus on scalability, application diversity across industries, evolving simulation and digital twin technologies, human-robot collaboration in warehouse automation.

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Modular Robotics Market Driver: The Surge Of Modular Robotics In Electronics And Automotive Industries

The increasing adoption of robots in the electronics and automotive industries is driving the modular robotics market going forward. Robots are being adopted by the automotive and electronics industries for automation. By increasing automation in a factory, modular robotics decreases costs and improves efficiency in the automotive industry. Modular robots are also used in electronics manufacturing for lean production time and reducing costs. For instance, in 2022, according to the International Federation of Robotics, a Germany-based professional non-profit organization, there were 34,987 new robot installations in the United States in 2021, an increase of 14%. The automotive industry was the largest adopter, with 9,782 robot units installed. Similarly, in 2020, according to research conducted by Massachusetts Institute of Technology economists, in the United States, 4 manufacturing industries accounted for 70% of robots, among which, the highest percentage (38%) of robots are used by automakers. Thus, the increasing adoption of robots in the electronics and automotive industries is driving the modular robotics market.

Modular Robotics Market Driver: Increased Demand For Automation

The increasing demand for automation is expected to propel the growth of modular robotics market going forward. Automation refers to using technology, machinery, or systems to perform tasks and processes with minimal or no human intervention. Automation plays a crucial role in modular robotics enabling efficient and seamless operations of robotic systems in various industries. By leveraging automation, modular robotics can offer cost-effective, scalable, and advanced robotic solutions tailored to the specific needs of their clients. For instance, in February 2022, according to the International Federation of Robotics, a Germany-based non-profit organization, 23,000 industrial robots were operating in UK factories in 2021, an increase of 6% from 2020. Therefore, the increasing demand for automation drives the growth of the modular robotics market.

Global Modular Robotics Market Major Players

Major companies operating in the modular robotics market report are Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries Limited, Universal Robots A/S, DENSO Corporation, Rethink Robotics GmbH, KUKA AG, Nachi-Fujikoshi Corporation, Yamaha Motor Co. Ltd., Acmi SpA, Shibaura Machine, Stäubli International AG, Engel Austria GmbH, Comau SPA, Cassioli Group, ABB Ltd., Acutronic Robotics, LEGO System AS, FANUC Corporation, Adept Technology Inc., Epson Robots, Omron Adept Technologies Inc., Rockwell Automation Inc., Schneider Electric SE, Emerson Electric Co., Robert Bosch GmbH, Delta Electronics Inc., Beckhoff Automation GmbH & Co. KG, Kollmorgen Corporation, Advantech Co. Ltd.

Global Modular Robotics Market Trend: Tech Advancements Propelling Growth

Advanced technology is a key trend gaining popularity in the modular robotics market. Major companies operating in the modular robotics market are advancing toward the use of cost-effective technologies to gain a competitive edge in the market. For instance, in May 2021, OhmniLabs Inc., a US-based manufacturer of service robots, launched the Ohmni Modular Robotics Platform. The Ohmni Modular Robotics Platform is a powerful new tool that can help companies develop and deploy mobile service robots quickly and easily. The ultra-lean development and manufacturing processes help to reduce the time and cost of developing and deploying robots. The Ohmni Modular Robotics Platform enables new designs to be fabricated in a matter of hours at OhmniLabs' 3D printing facility.

Global Modular Robotics Market Trend: Abb Group Acquired Asti Robotics Group

In July 2021, ABB Group, a Europe-based automation company, acquired ASTI Mobile Robotics Group for an undisclosed amount. This acquisition will broaden ABB's robotics and automation offering, allowing it to deliver a unique automation portfolio while expanding into new industry segments, making it the only company to offer a comprehensive portfolio. ASTI Mobile Robotics Group is a Europe-based manufacturer of the autonomous mobile robot (AMR).

Modular Robotics Market Merger And Acquisition: Abb Ltd. Broadens Robotics Portfolio With Acquisition Of Asti Mobile Robotics Sa

In October 2021, ABB Ltd., a Switzerland-based automation company, acquired ASTI Mobile Robotics SA for an undisclosed amount. Through this acquisition, ASTI Mobile Robotics is expected to expand its product portfolio into AMRs and beyond industrial and collaborative robot arms. ASTI Mobile Robotics SA, is a Spain-based manufacturer of mobile and modular robots.

Regional Outlook For The Global Modular Robotics Market

Asia-Pacific was the largest region in the modular robotics market share in 2023. The regions covered in the modular robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the modular robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The module robotics market consists of sales of spherical robots, cylindrical robots, and collaborative modular robots. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The modular robotics market research report is one of a series of new reports from The Business Research Company that provides modular robotics market statistics, including modular robotics industry global market size, regional shares, competitors with a modular robotics market share, detailed modular robotics market segments, market trends and opportunities, and any further data you may need to thrive in the modular robotics industry. This modular robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Modular Robotics Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$9.47 billion
Revenue Forecast In 2033	$16.97 billion
Growth Rate	CAGR of 15.7% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product Type: SCARA Modular Robots, Articulated Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, Other Robots 2) By Hardware Design: Chain-based, Lattice-based, Strut-based 3) By Configuration: Auto-Configuration, Manual Configuration 4) By End Use Industry: Automotive, Electronics and Electrical, Chemical, Food and Beverages, Pharmaceutical, Other End Use Industries
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Mitsubishi Electric Corporation; Yaskawa Electric Corporation; Kawasaki Heavy Industries Limited; Universal Robots A/S; DENSO Corporation; Rethink Robotics GmbH; KUKA AG; Nachi-Fujikoshi Corporation; Yamaha Motor Co. Ltd.; Acmi SpA; Shibaura Machine; Stäubli International AG; Engel Austria GmbH; Comau SPA; Cassioli Group; ABB Ltd.; Acutronic Robotics; LEGO System AS; FANUC Corporation; Adept Technology Inc.; Epson Robots; Omron Adept Technologies Inc.; Rockwell Automation Inc.; Schneider Electric SE; Emerson Electric Co.; Robert Bosch GmbH; Delta Electronics Inc.; Beckhoff Automation GmbH & Co. KG; Kollmorgen Corporation; Advantech Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Modular Robotics Market Characteristics

3. Modular Robotics Market Trends And Strategies

4. Modular Robotics Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Modular Robotics Market Size and Growth

5.1. Global Modular Robotics Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Modular Robotics Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Modular Robotics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Modular Robotics Market Segmentation

6.1. Global Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

SCARA Modular Robots

Articulated Modular Robots

Cartesian Modular Robots

Parallel Modular Robots

Other Robots

6.2. Global Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Chain-based

Lattice-based

Strut-based

6.3. Global Modular Robotics Market, Segmentation By Configuration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Auto-Configuration

Manual Configuration

6.4. Global Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Automotive

Electronics and Electrical

Chemical

Food and Beverages

Pharmaceutical

Other End Use Industries

7. Modular Robotics Market Regional And Country Analysis

7.1. Global Modular Robotics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Modular Robotics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Modular Robotics Market

8.1. Asia-Pacific Modular Robotics Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Modular Robotics Market

9.1. China Modular Robotics Market Overview

9.2. China Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Modular Robotics Market

10.1. India Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Modular Robotics Market

11.1. Japan Modular Robotics Market Overview

11.2. Japan Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Modular Robotics Market

12.1. Australia Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Modular Robotics Market

13.1. Indonesia Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Modular Robotics Market

14.1. South Korea Modular Robotics Market Overview

14.2. South Korea Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Modular Robotics Market

15.1. Western Europe Modular Robotics Market Overview

15.2. Western Europe Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Modular Robotics Market

16.1. UK Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Modular Robotics Market

17.1. Germany Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Modular Robotics Market

18.5. France Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Modular Robotics Market

19.9. Italy Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Modular Robotics Market

20.13. Spain Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Modular Robotics Market

21.1. Eastern Europe Modular Robotics Market Overview

21.2. Eastern Europe Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Modular Robotics Market

22.1. Russia Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Modular Robotics Market

23.1. North America Modular Robotics Market Overview

23.2. North America Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Modular Robotics Market

24.1. USA Modular Robotics Market Overview

24.2. USA Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Modular Robotics Market

25.1. Canada Modular Robotics Market Overview

25.2. Canada Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Modular Robotics Market

26.1. South America Modular Robotics Market Overview

26.2. South America Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Modular Robotics Market

27.1. Brazil Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Modular Robotics Market

28.1. Middle East Modular Robotics Market Overview

28.2. Middle East Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Modular Robotics Market

29.1. Africa Modular Robotics Market Overview

29.2. Africa Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Modular Robotics Market Competitive Landscape And Company Profiles

30.1. Modular Robotics Market Competitive Landscape

30.2. Modular Robotics Market Company Profiles

30.2.1. Mitsubishi Electric Corporation

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Yaskawa Electric Corporation

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Kawasaki Heavy Industries Limited

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Universal Robots A/S (part of Teradyne Inc.)

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. DENSO Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Modular Robotics Market Competitive Benchmarking

32. Global Modular Robotics Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Modular Robotics Market

34. Modular Robotics Market Future Outlook and Potential Analysis

34.1 Modular Robotics Market In 2028 - Countries Offering Most New Opportunities

34.2 Modular Robotics Market In 2028 - Segments Offering Most New Opportunities

34.3 Modular Robotics Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Modular Robotics Market, Segmentation By Configuration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Modular Robotics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Modular Robotics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Mitsubishi Electric Corporation Financial Performance

Table 76: Yaskawa Electric Corporation Financial Performance

Table 77: Kawasaki Heavy Industries Limited Financial Performance

Table 78: Universal Robots A/S (part of Teradyne Inc.) Financial Performance

Table 79: DENSO Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Modular Robotics Market, Segmentation By Configuration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Modular Robotics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Modular Robotics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Modular Robotics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Modular Robotics Market, Segmentation By Hardware Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Modular Robotics Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Mitsubishi Electric Corporation Financial Performance

Figure 76: Yaskawa Electric Corporation Financial Performance

Figure 77: Kawasaki Heavy Industries Limited Financial Performance

Figure 78: Universal Robots A/S (part of Teradyne Inc.) Financial Performance

Figure 79: DENSO Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the modular robotics market?

How will the modular robotics market drivers and restraints affect the modular robotics market dynamics? What forces will shape the modular robotics industry going forward?

The modular robotics market major growth driver - the surge of modular robotics in electronics and automotive industries. For further insights on the modular robotics market, request a sample here

What is the forecast market size or the forecast market value of the modular robotics market ?

The modular robotics market size has grown rapidly in recent years. It will grow from $8.12 billion in 2023 to $9.47 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to demand for customization, cost-efficiency and scalability, evolving industrial needs, focus on lean manufacturing, diversity of applications, training and education initiatives, increased safety standards, government initiatives and funding. The modular robotics market size is expected to see rapid growth in the next few years. It will grow to $16.97 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to emergence of small and medium-sized enterprises (smes), focus on rapid prototyping, customization in consumer electronics manufacturing, global resilience in supply chain management, demand for lightweight and portable robotics, focus on user-friendly interfaces. Major trends in the forecast period include collaborative and cooperative robotics, rapid advances in robotic arm technologies, integration of artificial intelligence (ai), focus on scalability, application diversity across industries, evolving simulation and digital twin technologies, human-robot collaboration in warehouse automation. For further insights on the modular robotics market, request a sample here

How is the modular robotics market segmented?

The modular robotics market is segmentedThe modular robotics market covered in this report is segmented –
1) By Product Type: SCARA Modular Robots, Articulated Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, Other Robots
2) By Hardware Design: Chain-based, Lattice-based, Strut-based
3) By Configuration: Auto-Configuration, Manual Configuration
4) By End Use Industry: Automotive, Electronics and Electrical, Chemical, Food and Beverages, Pharmaceutical, Other End Use IndustriesFor further insights on the modular robotics market, request a sample here

Which region has the largest share of the modular robotics market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the modular robotics market share in 2023. The regions covered in the modular robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the modular robotics market, request a sample here.

Who are the major players in the modular robotics market?

What are the key trends in the modular robotics market?

Major trend in the modular robotics market - tech advancements propelling growth. For further insights on the modular robotics market, request a sample here.

What are the major opportunities in the modular robotics market? What are the strategies for the modular robotics market?

For detailed insights on the major opportunities and strategies in the modular robotics market, request a sample here.

How does the modular robotics market relate to the overall economy and other similar markets?

For detailed insights on modular robotics market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the modular robotics industry?

For detailed insights on the mergers and acquisitions in the modular robotics industry, request a sample here.

What are the key dynamics influencing the modular robotics market growth? SWOT analysis of the modular robotics market.

For detailed insights on the key dynamics influencing the modular robotics market growth and SWOT analysis of the modular robotics industry, request a sample here.