Global Industrial Robotics Market Trends, Size And Forecast Report 2014 – 2020

As per Frank n Raf latest Research report, The global industrial robotics market size is expected to reach USD 41.23 billion by 2020., increasing at a CAGR of 7.0% through the forecast period. The accelerated expansion of the automotive industry worldwide and increasing adoption of robotics in the non-automotive industry including chemicals, food & beverage, rubber & plastics, and electronics/electrical are stoking the growth of the market. Companies executing industrial robots are frequently realizing substantial financial advantages, which is pointing to a surge in installation of robots in modern manufacturing plants. Combination of robots with production processes help increase productivity, reduces overheads, contributes a high degree of flexibility, improves quality, and reduces waste to a large range as compared to the outcome of manual labor, which consequently drives the market.

Industrial robots have been effective for the formation of a new ecosystem distinguished by rewarding, lucrative, and high-paying jobs. Venture investors have opened up to funding companies designing and manufacturing industrial robots. Improvements in artificial intelligence and the development of advanced sensors are projected to expand the development of self-programming robots. Further Key Verdicts from the Report Suggest: By 2020, the automotive division is expected to account for the largest revenue share of almost 40.0%, which can be connected to the fact that robots play a vital role in the manufacture of vehicles The metal/heavy machinery segment was evaluated at nearly USD 3.0 billion in 2016. Robots are largely used in the sector on account of the high degree of accuracy demanded coupled with complicated nature of tasks involved With revenue of close to USD 16 million in 2016, the Asia Pacific region ruled the industry. Japan and South Korea are anticipated to continue being predominant country markets in the region Robot industries in Asian countries such as China, Korea, and Taiwan are maintained by their own governments through applications addressing tax incentives, loans, R&D funding, and investment in skills Some of the important players in the market are Toshiba Machine Co., Ltd.; Omron Adept Technologies, Inc.; Mitsubishi Electric Corporation; ABB; YRG, Inc.; and Panasonic Corporation

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Table of Content:

1. Executive Summary
2. Industrial Robotics Industry Outlook
3. Industrial Robotics Application Outlook
4. Industrial Robotics Regional Outlook
5. Competitive Landscape
6. Methodology and Scope

Market, by Type:

- Traditional Industrial Robots
- Articulated Robots
- SCARA Robots
- Parallel Robots
- Cartesian Robots
- Others
- Collaborative Robots

Market, by Industry:

- Automotive
- Electrical and Electronics
- Plastics, Rubber, and Chemicals
- Metals and Machinery
- Food and Beverages
- Precision Engineering and Optics
- Pharmaceuticals and Cosmetics
- Others

Market, by Geography:

* North America
- US
- Canada
- Mexico

* Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe

* APAC
- China
- Japan
- Republic of Korea
- Taiwan
- Thailand
- India
- Rest of APAC

* RoW
- Middle East and Africa
- South America

* Competitive Landscape
* Company Profiles: Complete review of the major companies in the industrial robotics market

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The global Pick-and-place Robots market is evaluated at XX million USD in 2017 and is anticipated to reach XX million USD by the end of 2023, increasing at a CAGR of XX% between 2017 and 2023. This report provides a summary of the market trends, drivers, and limitations with respect to the Pick-and-place Robots market. Read More: https://franknraf.com/reports/global-pick-and-place-robots-market-research-report-2018-2023-by-players-regions-product-types-applications/

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