The global industrial robot market is expected to increase to 2.5 times in 2025, and the application potential of robots in the food industry is huge
Japanese research firm Fuji Economy has released a forecast that the global market for manufacturing robots used in factories and the like will expand to 2.5 times its 2018 size to 2.8675 trillion yen by 2025, the Nihon Keizai Shimbun reported on July 3. According to the company's forecast, the robot market will expand against the backdrop of labour shortages. Manufacturers looking to cut labour costs by introducing robots are also on the rise, and demand for factory automation may rise even higher.
The global market for manufacturing robots was ¥1.1268 trillion in 2018. Investment in robot-oriented equipment was subdued, but the overall size of the market grew by about 5% from 2017. It is expected to grow by 10% in 2019 over 2018, expanding to ¥1.2410 trillion.
In terms of types of robots, demand for "collaborative robots" that work with humans in front-line operations is growing. The market is expected to grow by around 30% in 2019 compared to 2018, reaching JPY78.2 billion. In the face of a growing global labour shortage, more and more robots are being used to replace human labour. Robots with sensors that sense human movements are also reportedly being commercialised.
Against the backdrop of high labour costs, the development of robots for the production lines of automotive and electronic components is accelerating. Robots are also expected to be used in a wide range of fields, including food factories, and it is estimated that the market size will grow to approximately seven times that of 2018, reaching 411 billion yen in 2025.