Press release
Manipulators Market will reach 400 million US$ in 2023
New report published by Global Info Research which offers insights on the global Manipulators market.An manipulator is a machine with a rigid steel manipulator arm that allow complex pneumatic tilts and rotations, even when the product being moved is handled outside it’s center of mass. A human operator controls the machine, allowing for easy and precise movement of the manipulator to lift, lower and otherwise transport a product.
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Global Manipulators Market: Forecast by Type / Application / Region
Global Industrial Manipulators Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Industrial manipulators are also termed as robotic manipulators are a mechanical machine that consists of a rigid steel manipulator arm that allows complex pneumatic tilts and rotations without making direct contact. This machine is exclusively used to handle bio-hazardous or radioactive objects that are difficult for a person to handle, in various industries for lifting heavy objects.
The automotive industry accounted for a major share in the Industrial Manipulators market due to rise in adoption of industrial robotic solutions by various automotive manufacturers over the past few years. As a result, the automotive industry alone accounted for almost one fourth of the market share by end-user industry in the global market in 2017. Further, the increase in demand for commercial and passenger vehicles, especially in the Asian market is anticipated to provide numerous opportunities for the robotic arm manufacturers in automotive industry. Thus, the automotive industry is projected to remain dominant in the coming years.
The worldwide market for Manipulators is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 400 million US$ in 2023, from 320 million US$ in 2017, according to a new GIR (Global Info Research) study.
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Positech
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Related Information:
United States Manipulators Market 2018 Forecast to 2023
Europe Manipulators Market 2018 Forecast to 2023
North America Manipulators Market 2018 Forecast to 2023
Asia-Pacific Manipulators Market 2018 Forecast to 2023
China Manipulators Market 2018 Forecast to 2023
EMEA Manipulators Market 2018 Forecast to 2023
Global Manipulators Market 2018 Forecast to 2023
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