Global Industrial Robots Market 2018 Industry Size, Share, Trends, Growth, Drivers and 2024 Forecast Report

Data Bridge Market Research brings to you this report on the Global Industrial Robots Market Report An industrial robot is the robot system that is designed with the intention of moving materials, parts, and devices, and also to perform a variety of programmed tasks in the manufacturing and production lines. Industrial robots are used in many fields such as painting, assembly, welding, packaging and labeling, palletizing, product inspection and testing. SCARA robots, articulated robots and delta robots are majorly used robots worldwide.

The Global Industrial Robots Market accounted to USD 38.20 billion in 2016 growing at a CAGR of 9.54% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Competitors: 

Some of the major players operating in Industrial Robots Market are

ABB Ltd,
Fanuc,
Denso,
Kuka AG,
Yaskawa Electric Corporation,
Kawasaki Heavy Industries LTd,
Toshiba,
Panasonic,
Nachi,
Yamaha,
Epson,
Staubli,
Adept Technologies,
Comau SPA,
Fanuc Coporation,
Mitsubishi Electric Corporation,
Denso Corporation,
Universal Robots A/S,
CMA Robotics S.P.A.,
Omron Adept Technologies, Inc.,
Stäubli International AG,
Daihen Corporation,
Seiko Epson Corporation.

Company Competitive Analysis: 

 Industrial Robots Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

Major Market Drivers and Restraints:

Growing demand of robots in various sectors such as packaging, material handling, agriculture
Increasing Automation in Commercial, Industrial, and Residential Sector
Technological advancements in the field of robots
Surge in demand from SMEs in developing countries
Surge in productivity
Effective waste reduction

Segmentation in Depth: 

 On the basis of type
On the basis of Components
On the basis of Industry
On the basis of Function
On the basis of geography

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