The Asia-Pacific manufacturing execution system market is projected to grow at a significant CAGR during the forecast period (2020-2026). The adoption of industrial robots in the Asia-Pacific region is accelerating at a rapid growth; the operational stock rose 70% to 887,400 units during 2010-2015, as per the International Federation of Robotics. China was the largest market for industrial robots globally, taking 43% of all the sales to Asia that include New Zealand and Australia. The sales in China was followed by the Republic of Korea, with a share of 24% of regional sales, and Japan with 22%. This employs that 89% of the sold robots in Asia and Australia went to these three countries in 2015. China will maintain its dominance; further, around 40% of the global supply will be installed in China by 2020. Robot installations are projected to have significant growth for all the major Asian robot markets including Taiwan, Korea, Japan, and other Southeast Asian countries.
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The development of robot density in China ranked 23rd globally. The density rate rose from 25 units in 2013 to 68 units per 10,000 employees in 2016, owing to which the government intends to make it into the top 10 most intensively automated nations of the globe by 2020 (with the robot density of 150 units per 10,000 employees). The Republic of Korea comprises the highest robot density in the manufacturing industry globally since 2010. The robot density of the country in 2018, exceeded the global average by a good eight-fold (631 units per 10,000 employees). The growth rate is attributed to the continued installations of the high volume of robots, specifically in the electrical and electronics industry as well as in the automotive industry. These robots work on the principle of machine learning and natural language processing whose demand will increase in the manufacturing industry for quality control of the products; thereby, propelling the growth of the market.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Deployment and By Industry |
Regions Covered |
China, India, Japan, and Rest of Asia-Pacific |
Key Companies Profiled |
ABB Ltd., Dassault Systèmes S.A., Honeywell International, Inc., General Electric Co., Emerson Electric Co., Oracle Corp., Rockwell Automation, Inc., Siemens AG, SAP SE, and others |
Key questions addressed by the report
Asia-Pacific Manufacturing Execution System Market – Segmentation
By Deployment Type
By Industry
Asia-Pacific manufacturing execution system Market – Segmentation by Region