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Heavy Payload Robotic Arm Market Size Worth $13,620.96 Million by 2025 - Allied Market Research

12-03-2018 09:13 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Heavy Payload Robotic Arm Market Size Worth $13,620.96 Million

The heavy payload robotic arm market was valued at $9,740.57 million in 2017 and is expected to reach $13,620.96 million by 2025, registering a CAGR of 4.39% from 2018 to 2025. Automotive industry dominated the heavy payload robotic arm market, accounting for around one-third share of the total revenue by end-user industry.

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Today's every manufacturer of heavy payload robotic arm looks for two things: smart automation and independence from human intervention. Moreover, it should be more flexible and easier to train and setup. Several manufacturers are keen to develop cooperative robots or so-called “cobots” that can work side-by-side with humans without the need for a safety fence. Owing to in-built proximity sensors, the robotic arm automatically stops or slows down its operation to avoid collision with workers. Such smart technology integrated with robotics is the next big things in industrial robotics to handle heavy payload more effectively.

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Dominating Market Players Profiled In this Study

•ABB Ltd.
•Kuka Robotics
•Fanuc Corporation
•Kawasaki Heavy Industries Ltd
•Yaskawa America Inc
•Vulcan Engineering Co.
•Ellison Technologies
•Apex Automation and Robotics Pty Ltd
•Nachi-Fujikoshi Corp
•Comau SPA

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About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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