Press release
Global Fiberglass Cutting Robots Market Become Dominant At CAGR Of 10.56% By 2021
Fiberglass is a fiber-reinforced plastic where the reinforcement fiber is comprised of fibrous silicate glass material with varying amount of oxides such as calcium, magnesium, and boron. Fiberglass is getting popular over aluminum and other metals due to its lightweight property and greater ability to resist heat and hazardous chemical materials. Common applications of fiberglass include electrical insulation, thermal insulation, and mechanical reinforcement. Fiberglass requires a high precision cutting operation to make it useful for industrial applications. However, the cutting operation of fiberglass creates critical health issues for workers due to the release of injurious fiber dust in the air during the cutting process. Thus, incorporation of robots in fiberglass cutting process reduces the health risk for workers. Similarly, fiberglass cutting robots are replacing CNC machines at a faster pace due to high precision cutting technology. Dedicated fiberglass cutting robots are implemented in the industrial sector to perform the cutting task under hazardous environments. Multiple spindles are incorporated in fiberglass cutting robots to change the media or tools so that the robot can be used for multiple applications within a single work environment.
Technavios analysts forecast the global fiberglass cutting robots market to grow at a CAGR of 10.56% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global fiberglass cutting robots market for 2017-2021. To calculate the market size, the report considers the sales in volume.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Fiberglass Cutting Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
FANUC
Kawasaki Heavy Industries
KUKA
Yaskawa Motoman
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Other prominent vendors
ARCOS
ATI Industrial Automation
Dynamic Robotic Solutions (DRS)
Genesis Systems
RobotWorx
Romheld Automation
Market driver
Growing usage of fiberglass in automotive plants
For a full, detailed list, view our report
Market challenge
Growing operational difficulties due to complex technology
For a full, detailed list, view our report
Market trend
Increasing demand for smart factory
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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