Robotics Sanding And Polishing Market Research, 2032
The global robotics sanding and polishing market was valued at $240.5 million in 2023, and is projected to reach $750.0 Million by 2032, growing at a CAGR of 13.5% from 2024 to 2032.
Market Introduction and Definition
Robotics sanding and polishing is the automated process of refining surfaces using robotic systems. Its key components include a robotic arm that manipulates sanding or polishing tools with precision, an end effector that attaches to the arm and holds sanding or polishing pads, sensors that detect surface variations to ensure consistent results, a control system that coordinates arm movement and tool pressure, sanding or polishing tools such as abrasive pads or polishing compounds, workpiece fixturing to hold the object in place during the process, and safety systems to prevent collisions and ensure worker safety. These components work together to optimize efficiency, consistency, and quality in sanding and polishing tasks.
Robotics sanding and polishing systems are required to follow several guidelines and standards to ensure safe and efficient operation. Firstly, safety protocols must be in place to prevent accidents and injuries, including proper guarding of machinery and emergency stop mechanisms. In addition, these systems should adhere to quality standards to ensure consistent results, such as ISO standards for surface finish and dimensional accuracy.
Key Takeaways
The robotics sanding and polishing market forecast study covers 20 countries. The research includes a segment analysis of each country in terms of value ($million) for the projected period.
More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major robotics sanding and polishing industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.
Key market dynamics
The global robotics sanding and polishing market is experiencing significant growth driven by factors such as rise in demand for automation in manufacturing industries to enhance efficiency and consistency. However, restraints such as high initial investment costs and the need for skilled personnel for operation hinder market expansion. Challenges include adapting robotic systems to various surface types and complexities, as well as integrating them seamlessly into existing production lines. Despite these challenges, robotics sanding and polishing market opportunity abound, particularly with advancements in robotic technology, including artificial intelligence and machine learning, enabling robots to adapt to different surfaces and tasks effectively. Moreover, the rise in focus on sustainable manufacturing practices and the need for improved workplace safety are expected to drive further adoption of robotics sanding and polishing systems. Overall, the market is poised for growth as industries increasingly recognize the benefits of automation in enhancing productivity, quality, and safety standards.
Company Share Analysis of Global Robotics Sanding and Polishing Market
The global robotics sanding and polishing market is dominated by key players, with ABB leading at 21%. Kawasaki and Kuka both hold 9%, followed by Fanuc with 8%. Mitsubishi and Yaskawa each have a 5% market share. Epson, Omron, and Staubli each capture 3%, while the remaining 34% is distributed among other companies. This distribution highlights ABB's significant lead, while other major players hold moderate shares, and numerous smaller companies collectively form a substantial portion of the market. This competitive landscape underscores both the prominence of established companies and the opportunities for smaller or emerging players in the market.
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Market Segmentation
The robotics sanding and polishing market is segmented into technology, distribution channel, application, and region. On the basis of technology, the market is divided into surface polishing, edge polishing, and precision polishing. As per distribution channel, the market is segregated into online sales, direct sales, and independent distributors. On the basis of application, the market is fragmented into automotive, electronics, hardware & tool, household products, aerospace, and medical devices. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Market Segment Outlook
Based on technology, the surface polishing segment held the highest market share in 2023, accounting for more than one-third of robotics sanding and polishing market size. Surface polishing is a common requirement across various industries, including automotive, aerospace, furniture, and electronics manufacturing. These industries often demand large-scale surface polishing applications to achieve desired finishes on components and products.
Based on distribution channel, the direct sales segment held the highest market share in 2023, accounting for nearly three-fifths share of the market. Direct sales involve manufacturers selling their products directly to customers, such as manufacturing companies or industrial facilities that require robotics sanding and polishing systems for their operations.
Based on the application, the automotive segment held the highest market share in 2023, accounting for nearly three-fifths of the robotics sanding and polishing market share.
Regional/Country Market Outlook
The Asia-Pacific robotics sanding and polishing is driven by rapid industrialization, particularly in countries like China, India, Japan, and South Korea, is fueling the demand for automation solutions across various industries. The developing automotive, electronics, and manufacturing sectors require efficient and high-quality surface finishing processes, creating a significant market opportunity for the robotics sanding and polishing systems. Moreover, increasing investments in Industry 4.0 initiatives and smart manufacturing technologies are accelerating the adoption of automation solutions, including robotics, in the Asia-Pacific region. In addition, factors such as rise in labor costs, need for improved productivity and quality, and rise in focus on workplace safety are further driving the demand for robotics sanding and polishing systems in the region.
The Asia-Pacific market for robotics sanding and polishing is expected to experience robust growth in the coming years with a favorable business environment, technological advancements, and surge in industrialization.
In April 2023, Kane Robotics today announced the launch of its collaborative robot (cobot) solution, the GRITTM cobot. Developed by aeronautics and composite experts, GRIT dramatically improves productivity, reduces health risks and solves labor shortages for aerospace maintenance, repair and overhaul (MRO) companies.
In May 2024, Radiance, a leading renewable energy firm, is planning to raise $150 million in equity to fund its ambitious expansion to 2 gigawatts (GW) over the next three years.
Competitive Landscape
The major players operating in the robotics sanding and polishing market include ABB Group, KUKA AG, FANUC Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries, Ltd., Comau S.p.A. (Subsidiary of Stellantis N.V.) , Epson Robots (Seiko Epson Corporation) , , Stäubli International AG, Omron Corporation, and Mitsubishi Electric Corporation.
Other players in the robotics sanding and polishing market include Universal Robots A/S (Subsidiary of Teradyne, Inc.) , Nachi-Fujikoshi Corp., DENSO Corporation, CMA Robotics S.p.A. and other.
Recent Key Strategies and Developments
In April 2023, Bosch Power Tools announced to acquire nearly 50% shares of the FerRobotics Compliant Robot Technology GmbH, one of the leading global providers in the field of contact-sensitive automation, with headquarters in Linz, Austria, and further distribution locations in the U.S. and China. Agreements to this effect were signed by Bosch Power Tools and FerRobotics.
In September 2022, Aerobotix and FerRobotics, two leading robotics companies based in the U.S. and Austria respectively, announced the partnership to create the first Class II, Division 1 (C2D1) End of Arm Tool (EOAT) automated sander. Meeting industry demand for a hazardous-environment solution that will achieve time and cost efficiencies, and enable much safer work environments, this special orbital sander – based on the industry-proven Active Orbital Kit (AOK) with patented Active Compliant Technology – lessens human involvement in hazardous tasks.
Industry Trends:
In May 2024, Japanese technology conglomerate SoftBank announced investments in Indian data center and industrial robotics firms, as it seeks to step up bets on the infrastructure layer of artificial intelligence (AI) . SoftBank is evaluating deals in these sectors and may invest $75 million to $150 million per deal once discussions are complete.
In March 2024, Researchers at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL, Golden, Colo., U.S.) successfully leveraged robotic assistance in the production of wind turbine blades, enabling the elimination of difficult working conditions for operators and the potential to improve the consistency of the product.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the robotics sanding and polishing market analysis from 2024 to 2032 to identify the prevailing robotics sanding and polishing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the robotics sanding and polishing market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global robotics sanding and polishing market trends, key players, market segments, application areas, and market growth strategies.
Robotics Sanding And Polishing Market Report Highlights
| Aspects | Details |
 Market Size By 2032 | USD 750.0 Million |
 Growth Rate | CAGR of 13.5% |
 Forecast period | 2024 - 2032 |
 Report Pages | 250 |
 By Technology |
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 By Distribution Channel |
|
 By Application |
|
 By Region |
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 Key Market Players | Omron Corporation., Mitsubishi Electric Corporation, Yaskawa Electric Corporation, ABB Group, Epson Robots, Staubli International AG, Comau S.p.A., FANUC Corporation, KUKA AG, Kawasaki Heavy Industries, Ltd. |
Increasing demand for automated solutions in manufacturing and Innovations in robotics, such as improved dexterity, flexibility, and ease of programming are the upcoming trends of Robotics Sanding And Polishing Market in the globe.
The leading applications of Robotics Sanding And Polishing Market are in automotive industry for surface finishing to ensure the aesthetic appeal and in aerospace components.
Asia-Pacific is the largest regional market for Robotics Sanding And Polishing
The robotics sanding and polishing market was valued at $240.45 million in 2023
ABB Group, KUKA AG, FANUC Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries, Ltd., Comau S.p.A. (Subsidiary of Stellantis N.V.), Epson Robots (Seiko Epson Corporation), , Stäubli International AG, Omron Corporation, and Mitsubishi Electric Corporationare the top companies to hold the market share in Robotics Sanding And Polishing.
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