Press release
Industrial Robotics Market Outlook to 2025 By Top Leading Players Fuji Robotics, Clearpath Robotics, AgEagle Aerial Systems, Bastian Solutions, DENSO WAVE INCORPORATED, Fetch Robotics, Honeybee Robotics, Locus Robotics, Inuktun Services, Kongsberg Maritim
Global industrial robotics market is expected to grow from US$ 16,847.6 million in 2017 to US$ 48,166.9 million by 2025 at a CAGR of 14.2% between 2018 and 2025.The market for industrial robotics is at its growing phase in certain countries and at infant stage in some developing countries. The market is further expected to flourish with increasing government support for automation in industries including, industrial robotics across the globe. One of the key factor propelling the market growth for industrial robotics is constantly aging population of several countries worldwide resulting in increasing labor costs. As per WHO, approximately 2 Bn people globally are anticipated to be more than 60 years old by 2050, which is over triple of what it was in 2000. Diminishing fertility rates and longer lifespans are the major factors contributing to this growth.
Some of the important players in Industrial Robotics Market
1. Fuji Robotics
2. Clearpath Robotics Inc.
3. AgEagle Aerial Systems
4. Bastian Solutions, Inc.
5. DENSO WAVE INCORPORATED
6. Fetch Robotics, Inc.
7. Honeybee Robotics
8. Locus Robotics
9. Inuktun Services Ltd.
10. Kongsberg Maritime
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The report focuses on an in-depth segmentation of this market based by types, function and industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By industry segment, automotive sector accounted for the largest share of the industrial robotics market in 2017; whereas APAC region is expected to grow at the highest CAGR during the forecast period.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
The objectives of this report are as follows:
- To provide overview of the global Industrial Robotics Market
- To analyze and forecast the global Industrial Robotics Market on the basis of Product Type and Application.
- To provide market size and forecast till 2025 for overall Industrial Robotics Market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub - segmented across respective major countries.
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
- To provide exhaustive PEST analysis for all five regions.
- To profiles key Industrial Robotics players influencing the market along with their SWOT analysis and market strategies.
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Reason To Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global industrial robotics market
-Highlights key business priorities in order to assist companies to realign their business strategies
-The key findings and recommendations highlight crucial progressive industry trends in the global industrial robotics market, thereby allowing players across the value chain to develop effective long-term strategies
-Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
-Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
-Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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