Press release
Material Handling Robotics Market Global Industry Analysis 2018 With Top Players Like ABB, Automation & Robotics SA, STAUBLI, FANUC America Corporation, DAIHEN CORPORATION, Denso Wave Incorporated, Epson America Inc.
Material Handling Robotics
The report states that one amongst the foremost factors impeding the expansion of this market is ability challenges. Ability of systems to produce data to and exchange information with alternative systems for designing, integration, execution, and coordination. The mixing of automation management product and solutions in material handling with ancient systems, for cross-platform compatibility within the business, faces ability challenges. End-user industries like oil and gas, chemical and organic compound, and power generation (remote operations) face such problems as they rely upon inheritance instrumentation, that is pricey to switch. The report conjointly provides careful segmentation on the idea of product sort, application, user and regional segmentation. The regional phase is more divided on country level.
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The Global Material Handling Robotics Market accounted to USD 29.6 billion in 2017 growing at a CAGR of 8.7% during the forecast period of 2018 to 2025. The Report Segments Global Market Analysis Type (Transportation Handling Robots, Positioning, Unit Load Formation Robots, Storage, Identification & Control Robots), Function (Assembly, Packaging, Transportation, Distribution, Storage, Waste Handling), End-Users (Automotive, Chemical, Electrical & Electronics, Industrial Machinery, Food & Beverage, Others) and Geography With Industry Trends and Forecast to 2025.
The future market report contains information for historic years 2016, the bottom year of calculation is 2017 and also the forecast amount is 2018 to 2025. The report includes market shares of material handling robotics market for global, Europe, North America, Asia Pacific and South America. 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.
Some of the major players operating in global material handling robotics market are
• ABB Pte Ltd.,
• Adept Technology Inc.,
• Machinery Automation & Robotics Pty Ltd.,
• Daihen Engineering Co Ltd,
• Denso Wave Inc,
Others: Epson America, Inc., Staubli International AG, FANUC CORP, KUKA Robotics Corporation, Kawasaki Robotics Inc., Nachi Robotic Systems Inc., Toshiba Machine Corp., and Yaskawa Motoman Robotics among others.
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Major Market Drivers and Restraints:
• Growths in the number of manufacturing facilities
• Fast growth in industrialization
• Reduces Time Consumption
• Averseness to Adopt Changes
• High Cost of Equipment
• Acceptance of Material Handling Robotics
Market Segmentation: Global Material Handling Robotics Market
• By type the global material handling robotics market is segmented into transportation handling robots, positioning, unit load formation robots, and storage, identification & control robots.
• By function the global material handling robotics market is segmented assembly, packaging, transportation, distribution, storage, and waste handling.
• By end-users the global material handling robotics market is segmented into automotive, chemical, electrical & electronics, industrial machinery, food & beverage, and others.
• On the basis of geography, global material handling robotics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
• Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2018, North America is expected to dominate the market.
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