The glass handling robot market is projected to be worth USD 826.2 million in 2024. The market is anticipated to reach USD 1,270.9 million by 2034. The market is further expected to surge at a CAGR of 4.8% during the forecast period 2024 to 2034.
Attributes | Key Insights |
---|---|
Glass Handling Robot Market Estimated Size in 2024 | USD 826.2 million |
Projected Market Value in 2034 | USD 1,270.9 million |
Value-based CAGR from 2024 to 2034 | 4.8% |
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The sales for glass handling robot rose at a 4.4% CAGR between 2019 and 2023. The global market for glass handling robot is anticipated to grow at a moderate CAGR of 4.8% over the forecast period 2024 to 2034.
Report Attributes | Details |
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Market Value in 2019 | USD 664.7 million |
Market Value in 2023 | USD 789.6 million |
CAGR from 2019 to 2023 | 4.4% |
The glass handling robot market experienced a significant increase during the historical period from 2019 to 2023. Increased adoption of automation in manufacturing industries, with a growing focus on efficiency and cost reduction, led to a higher demand for glass handling robots during this period.
Innovations in robotic technology, including enhanced sensors, machine vision, and collaborative features, improved the capabilities and safety of glass handling robots. Growth in the construction sector, particularly in urban areas, led to a surge in demand for glass handling robots for tasks such as glass installation in high rise buildings.
The forecast period is anticipated to experience a significant growth in the glass handling robot, owing to rapid technological evolution. Continued advancements in robotics, artificial intelligence, and materials science are expected to result in more sophisticated and efficient glass handling robots.
A shift toward customized and tailored glass products in various industries may drive the need for flexible and adaptable glass handling solutions. Integration with emerging technologies such as augmented reality and 3D printing can open up new possibilities for glass handling robots, making them more versatile and adaptable to diverse applications. The penetration of glass handling robots into emerging markets, driven by industrialization and infrastructure development, is anticipated to contribute significantly to market growth.
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The below table showcases revenues in terms of the top 5 leading countries, spearheaded by India and China. The countries are expected to lead the market through 2034.
Forecast CAGRs from 2024 to 2034
India | 5.5% |
---|---|
China | 5.3% |
The United States | 4.4% |
Australia | 4.5% |
Germany | 4.2% |
The glass handling robot market in the United States expected to expand at a CAGR of 4.4% through 2034. The United States is known for its advancements in technology and innovation. Continuous developments in robotics and automation technologies are expected to drive the adoption of state of the art glass handling robots in various industries.
The manufacturing sector in the country is embracing Industry 4.0 principles, emphasizing the integration of digital technologies. Glass handling robots, as part of smart manufacturing environments, are expected to contribute to increased automation and efficiency.
The glass handling robot market in India is anticipated to expand at a CAGR of 5.5% through 2034. The electronics manufacturing sector in India is growing, and glass is a key component in devices such as smartphones and displays. Glass handling robots can be employed for precise handling during the manufacturing processes of electronic devices.
Government initiatives such as Make in India aim to promote domestic manufacturing. The emphasis on increasing manufacturing capabilities is anticipated to stimulate the adoption of automation technologies, including glass handling robots, to enhance efficiency and competitiveness.
The glass handling robot market in Germany is poised to expand at a CAGR of 4.2% through 2034. The German manufacturing sector places a strong emphasis on precision and high quality standards. Glass handling robots play a critical role in meeting these standards by ensuring accurate and efficient handling of glass components.
The automotive industry in Germany is a major consumer of glass handling robots for tasks such as windshield installation and assembly. The growth and modernization of the automotive sector contribute significantly to the demand for automation solutions.
Glass handling robot trends in China are taking a turn for the better. A 5.3% CAGR is forecast for the country from 2024 to 2034. Industries in China are expected to invest in advanced automation solutions like glass handling robots to ensure precision and consistency in glass related manufacturing processes, with an emphasis on producing high quality products.
China has been at the forefront of technological advancements, and the development of more sophisticated and capable robotics technologies is expected to accelerate the adoption of advanced glass handling robots.
The glass handling robot market in Australia is anticipated to expand at a CAGR of 4.5% through 2034. Australia has a significant presence in the mining and resources sector. Glass handling robots can be utilized in this industry for tasks such as handling glass components in mineral processing and equipment manufacturing.
The demand for customization and flexible manufacturing solutions is increasing in Australia. Glass handling robots, with their versatility and adaptability, can cater to diverse needs in the manufacturing sector.
The below table highlights how automotive segment is projected to lead the market in terms of end use, and is expected to account for a share of 24.0% in 2024.
Based on product type, the articulated robot segment is expected to account for a share of 28.0% in 2024.
Category | Shares in 2024 |
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Automotive | 24.0% |
Articulated Robot | 28.0% |
Based on end use, the automotive segment is expected to continue dominating the glass handling robot market. The segment is expected to account for a share of 24.0% in 2024.
Glass handling robots are employed in various automated manufacturing processes within the automotive industry. The robots contribute to tasks such as glass cutting, shaping, and handling during assembly.
The automotive sector requires precision in the installation of glass components, including windshields, windows, and sunroofs. Glass handling robots ensure accurate placement and reduce the risk of errors in the assembly process.
Glass handling robots are utilized in welding and sealing operations related to automotive glass installation. The robots enhance the efficiency of these critical tasks and contribute to the overall quality of the final product.
In terms of product type, the articulated robot segment is expected to continue dominating the glass handling robot market. The segment is expected to account for a share of 28.0% in 2024.
Glass products come in diverse shapes and sizes, and articulated robots excel in handling these variations. The ability to adapt to different glass specifications without the need for extensive reprogramming makes articulated robots ideal for the glass handling process.
Articulated robots allow for customizable end of arm tooling, enabling the use of specialized grippers and tools designed specifically for glass handling applications. The flexibility contributes to the efficiency and adaptability of the robotic system.
Many glass handling tasks involve heavy and fragile glass components. Articulated robots, with their high payload capacity, can handle substantial loads while maintaining precision, ensuring the safe transportation and placement of glass materials.
The glass handling robot market is characterized by a dynamic and competitive landscape, driven by the increasing demand for automation solutions in glass manufacturing, processing, and related industries. The market players are actively involved in strategic initiatives, technological advancements, and partnerships to gain a competitive edge.
Attribute | Details |
---|---|
Estimated Market Size in 2024 | USD 826.2 million |
Projected Market Valuation in 2034 | USD 1,270.9 million |
Value-based CAGR 2024 to 2034 | 4.8% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD million |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
Key Market Segments Covered | Product Type, End Use, Region |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, France, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
Key Companies Profiled | ABB; Yaskawa Electric Corporation; Midea Group (Kuka); Fanuc Corporation; Kawasaki Heavy Industries; Epson Robots; Stäubli; Nachi Fujikoshi Corporation; Comau; Omron Adept Technology Inc. |
The glass handling robot market is expected to reach USD 826.2 million in 2024.
The glass handling robot industry is set to expand by a CAGR of 4.8% through 2034.
The glass handling robot market is forecast to reach USD 1,270.9 million by 2034.
India is to be the top performing market, with a CAGR of 5.5% through 2034.
Articulated robot segment is preferred, and is expected to account for a share of 28.0% in 2024.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 5.1. Articulated Robots 5.2. Gantry Robots 5.3. Delta Robots 5.4. SCARA Robots 5.5. Other Types 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 6.1. Automotive 6.2. Electronics 6.3. Other End Use 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Abb 17.2. The Yaskawa Electric Corporation 17.3. Midea Group (Kuka) 17.4. The Fanuc Corporation 17.5. Kawasaki Heavy Industries 17.6. Epson Robots 17.7. Stäubli 17.8. Nachi Fujikoshi Corporation 17.9. Comau 17.10. Omron Adept Technology Inc 18. Assumptions & Acronyms Used 19. Research Methodology
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