Press release
Industrial Robotics Market Segmentation, Future Insights and Top Key Players: KUKA AG, Adept Technology, iRobot Corporation, Intuitive Surgical, Nachi-Fujikoshi, Yaskawa Electric Corporation
Market OutlookThe global industrial production output is expected to witness moderate growth during the forecast period. The demand for industrial robotics is majorly observed in industries such as automobiles and heavy engineering. However, increased need for automation in non-conventional areas, such as microelectronics, has increased the demand of industrial robotics. Hence, an auxiliary channel utilizing industrial robotics has surfaced in the recent years. The heavy engineering sector is also responsible for the increased demand of industrial robotics.
The global industrial robotics market is impacted by several factors such as usage of industrial robotics in the manufacturing industry, increased demand for automation activities in the industry, reduction in custom duties, and evolving robotics & artificial intelligence (AI) industry. Furthermore, the high cost of industrial robotics solutions is a major hindrance for the industrial robotics market growth.
Top Industry Players:
This report focuses on the top players in global market, like: KUKA AG, Adept Technology (Acquired by OMRON), iRobot Corporation, Intuitive Surgical, Nachi-Fujikoshi, Yaskawa Electric Corporation.
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This is the 2nd edition report on Industrial Robotics by iGATE RESEARCH. The report titled “Global Industrial Robotics Market and Volume by Application (Automotive Industry, Electrical/Electronics, Metal, Chemical, Rubber and Plastics, Food, Others, Unspecified), Geographical Distribution and Key Players Analysis - Forecast to 2022” provides a comprehensive assessment of the fast-evolving, high-growth Industrial Robotics Market.
Industrial Robotics Market Regional Analysis
In terms of region, the five major markets including China, South Korea, Japan, United States, and Germany accounts for around 74% of the total robotics sales volume in 2016. Asia/Australia is the world's largest market for industrial robots, driven by growing demand for industrial robots from small- and medium-scale enterprises in China, Japan, South Korea, and India. Europe is the second leading region for industrial robotics market. Americas is the third largest market for industrial robots.
Global Industrial Robotics Market and Volume Forecast - By Segment
• Automotive Industry
• Electrical/Electronics Industry
• Metal Industry
• Chemical, Rubber and Plastics Industry
• Food Industry
• Others Industry
• Unspecified Industry
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Global Industrial Robotics Market and Volume by Application
The global industrial robotics market is expected to reach US$ XX Billion by 2022, growing at a double digit CAGR between 2017 and 2022. The demand for industrial robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety. The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.
Global Industrial Robotics Market and Volume Forecast - By Segment
• Automotive Industry
• Electrical/Electronics Industry
• Metal Industry
• Chemical, Rubber and Plastics Industry
• Food Industry
• Others Industry
• Unspecified Industry
Industrial Robotics Volume and Forecast - Region and Country Wise Distribution
1. Americas
• United States
• Canada
• Brazil
• Mexico
• Rest of South America
2. Asia/Australia
• China
• India
• Japan
• Republic of Korea
• Taiwan
• Thailand
• Other Asia/Australia
3. Europe
• Central/Eastern Europe
• France
• Germany
• Italy
• Spain
• United Kingdom
• Other Europe
• Africa
• Rest of the World (ROW)
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