Global Robot Teach Pendant Market Analysis
According to Planet Market Reports, the Global Robot Teach Pendant Market was valued at USD 155.11 Million in 2018 and is expected to witness a growth of 6.62% from 2019-2026 and reach USD 259.78 Million by 2026.
What is Robot Teach Pendant Market?
A robot teach pendant device can be defined as a device required to control and regulate an industrial robot remotely. The device allows the controller to function/regulate the robots without the need for tying it to a fixed position.
Teach pendants to offer a variety of combinations to control robots and are also used to design new features. The teach pendant is an essential component for industrial robots and is utilized for application use, along with the repair and refurbishment process. With the growing scope of robotics in the industries, the market for robot teach pendant is expected to grow significantly over the forecast period.
Global Robot Teach Pendant Market Outlook
The Robot Teach Pendant market is expected to grow rapidly owing to the growing demand for automation in manufacturing. The increase in adoption of co-bots will be one of the key trends that will gain traction in the robot teach pendant market during the next four years. Collaborative robots are considered to be useful in minimizing safety costs and increasing the convenience in programming. The IIoT is part of a larger concept known as the Internet of Things IoT . The growing scope of IIoT and Industry 4.0 is also expected to fuel the market growth rate.
Lack of skilled workforce is, however, expected to hinder the market growth rate over the forecast period. The emergence of smart factories and digital transformation, in general, is expected to pose as an opportunity for the market.
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Global Robot Teach Pendant Market Segmentation
The Global Robot Teach Pendant Market is classified on the basis of Type, Application, and Geography. The gist of breaking down the market into various segments is to gather information about various aspects of the market.
On the basis of Type, the market is bifurcated on the basis of Electric Drive Robots, Hydraulic Robots, and Pneumatic Robots. Electric drives and motors are used to actuate/move certain parts in the robot, these parts can be arms, fingers, wheels and many other things. Electric drive robots are relatively accurate compared to hydraulically powered robots, thus, the market share for this segment is expected to hold the largest share in the market.
Robot Teach Pendant Market By ApplicationIn terms of Application, the market is bifurcated on the basis of Material Handling, Painting and Welding. The Material Handling segment accounted for the majority of the market in 2018. Growing at a CAGR of xx% from 2017 to 2025, this segment is projected to reach USD xx million by the end of the forecast period. The rising number of fulfillment centers of logistics companies in the Asia Pacific is expected to boost market demand for robotic teach pendant in material handling segment.
Global Robot Teach Pendant Market Competitive Landscape
The “Global Robot Teach Pendant Market” study report offers a valuable insight with an emphasis on global market including some of the major players such ABB, FANUC, KUKA, Omron Adept Technologies and Yaskawa Motoman. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Product Benchmarking in Robot Teach Pendant Market:
Company Name
Key Development
Description
ABB IRC5C Delivers space-saving benefits and easy commissioning through one phase power input
Yaskawa Motoman YRC1000 The YRC1000 is a compact, fast and flexible controller for MOTOMAN robots that combines high-performance robot controller in a small footprint cabinet. Besides the typical YASKAWA controller functionality, the YRC1000 includes additional functional improvements
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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
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TABLE OF CONTENTS
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market DYNAMICS
5 GLOBAL ROBOT TEACH PENDANT MARKET, BY TYPE
6 GLOBAL ROBOT TEACH PENDANT MARKET, BY APPLICATION
7 GLOBAL ROBOT TEACH PENDANT MARKET, BY GEOGRAPHY
8 MARKET EFFECT FACTORS ANALYSIS
9 GLOBAL ROBOT TEACH PENDANT COMPETITION ANALYSIS
10 COMPANY PROFILES
10.1 ABB
10.1.1 Company Overview
10.1.2 ABB: Key Facts
10.1.3 Financial Performance
10.1.4 Product Benchmarking
10.2 Fanuc Corporation
10.2.1 Company Overview
10.2.2 Fanuc Corporation: Key Facts
10.2.3 Financial Performance
10.2.4 Product Benchmarking
10.3 Yaskawa Motoman
10.3.1 Company Overview
10.3.2 Yaskawa Motoman: Key Facts
10.3.3 Financial Performance
10.3.4 Product Benchmarking
10.4 KUKA
10.4.1 Company overview
10.4.2 KUKA: Key Facts
10.4.3 Financial performance
10.4.4 Product benchmarking
10.5 DENSO ROBOTICS
10.5.1 Company Overview
10.5.2 DENSO ROBOTICS: Key Facts
10.5.3 Financial Performance
10.5.4 Product Benchmarking
10.6 Festo
10.6.1 Company overview
10.6.2 Festo: Key Facts
10.6.3 Financial performance
10.6.4 Product benchmarking
10.7 Intelitek
10.7.1 Company overview
10.7.2 Intelitek: Key Facts
10.7.3 Financial performance
10.7.4 Product benchmarking
10.8 Nachi Robotic Systems
10.8.1 Company overview
10.8.2 Nachi Robotic Systems: Key Facts
10.8.3 Financial performance
10.8.4 Product benchmarking
10.9 Seiko Epson Corporation
10.9.1 Company overview
10.9.2 Seiko Epson Corporation: Key Facts
10.9.3 Financial performance
10.9.4 Financial Performance, by Region
10.9.5 Product benchmarking
10.10 Yamaha Corporation
10.10.1 Company overview
10.10.2 Yamaha Corporation: Key Facts
10.10.3 Financial performance
10.10.4 Financial Performance, by Region
10.10.5 Product benchmarking
10.11 Omron Adept Technologies
10.11.1 Company overview
10.11.2 Omron Adept Technologies: Key Facts
10.11.3 Product benchmarking
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