Press release
Global Industrial Robots Market Analysis 2018 By Top Vendors Like ABB, FANUC America Corporation, DENSO, KUKA AG, Yaskawa Electric Corporation, Kawasaki Heavy Industries, Ltd, Toshiba, Panasonic, NACHI, Yamaha Motor Co., Ltd., Epson, Staubli, Adept Techno
Global Industrial Robots Market- Industry Trends and Forecast to 2025
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.
According to OSHA, it has been estimated that companies around the world spend around USD 1 billion per week as compensation for workplace injuries.
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Global Industrial Robots Market By Type (Articulated Robots, Cylindrical Robots, Cartesian Robots, Polar Robots, SCARA Robots, Delta Robots, Parallel Robots, Gantry Robots, Collaborative Industry Robots), By component (Controller, Industrial Robot Arms (Manipulator) End-Effector, Drive, Sensors, Others), By Industry (Automotive, Chemical and Manufacturing, Construction, Electrical and Electronics, Food and Beverages, Machinery and Metals, Pharmaceuticals, Plastics, Others (Rubber, Optics)), By Function(Assembling and Disassembling, Cutting and Processing, Material Handling, Painting and Dispensing, Soldering and Welding) (By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2025.
Market Definition:
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.
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 are among the few mentioned in the Global Industrial Robots Market report.
In November 2017 – Kawasaki collaborated with ABB for robotic automation cooperation.
That is the sector’s first collaboration centered on cobots and creation of enterprise approaches to protection, verbal exchange, and programming.
In April 2017 - IBM and ABB introduced a strategic collaboration that brings collectively ABB’s enterprise-leading virtual imparting, ABB ability, with IBM Watson net of factors cognitive competencies, to unencumber new fee for clients in utilities, enterprise, shipping, and infrastructure.
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
Market Segmentation:
On the basis of type, the Industrial Robots Market is segmented into Articulated Robots, Cylindrical Robots, Cartesian Robots, Polar Robots, SCARA Robots, Delta Robots, Parallel Robots, Gantry Robots, and Collaborative Industry Robots.
On the basis of Components the Industrial Robots Market is segmented into Controller, Industrial Robot Arms (Manipulator) End-Effector, Drive, Sensors, and Others.
On the basis of Industry the Industrial Robots Market is segmented into Automotive, Chemical and Manufacturing, Construction, Electrical and Electronics, Food and Beverages, Machinery and Metals, Pharmaceuticals, Plastics, and Others.
On the basis of Function the Industrial Robots Market is segmented into Assembling and Disassembling, Cutting and Processing, Material Handling, Painting and Dispensing, Soldering and Welding.
On the basis of geography, Industrial Robots 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 2017, North America is expected to dominate the market.
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.
Reason to buy the Report:
1. It helps to know that the Global Industrial Robots Market product sections along with their future forecast.
2. It aids for making informed business decisions by utilizing a comprehensive analysis of market sections and from having whole insights of Global Industrial Robots Market.
3. It poses a forward-looking prospect on distinct facets controlling and Global Industrial Robots Market developments.
4. This poses a seven year Global Industrial Robots Market forecast assessment primarily based mostly on the way the sectors are anticipated.
Customization Options
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
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