Foundry Robots Market Share

Regionally, the global foundry robots market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific industry is estimated to account for largest revenue share by 2036, due to rising adoption of advanced technologies in Japan, China and Taiwan. In Japan alone, the software sector accounted for sales of more than USD 100 billion as of 2018, whereas the sales of ICT were estimated at more than USD 420 billion that same year.

In addition, rapidly growing industrialization, and increasing investments in automation are also expected to boost the market growth in the region in the coming years. Moreover, the market in North America is projected to grab the largest share during the forecast period owing to the high adoption of foundry robots in manufacturing units, and strong presence of major market players in the region.