Press release
Industrial Robotics Market Growth Analysis & forecast Report |2024
Over the recent years, the leading industrial robotics market players have been concentrating on releasing advanced robots in order to simplify the prevailing automation tasks. For instance, Mitsubishi Electric Corporation has recently unveiled its smart-control artificial intelligence technology that would enable industrial robots to seamlessly grasp the changing conditions of target objects in real time. Furthermore, the optimum control algorithms of the technology would deploy deep reinforcement learning which would assist these robots in adopting conventionally difficult industrial tasks. Apparently, the aforementioned incidence provides further validation to the fact that such innovative product launches would indeed augment the revenue share of industrial robotics industry over the estimated timeframe.The segmentation of the industrial robotics market by product indicates that collaborative robots are expected to have the highest growth rate over the forecast timeframe. These have a large work envelope and high usage as they allow employees to work alongside and are priced significantly lower as compared to its counterparts.
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The potential for cyber-physical system to improve operational efficiency in manufacturing processes is humongous. Industrial robotics market proceeds, which has indeed been appreciable in recent years can be majorly credited to this fundamental aspect. It is further imperative to mention that as automation technologies such as robotics, machine learning occupy an increasingly demanding role in industries, their impact on the workplace in terms of safety security, asset tracking, and supply chain has become a point of focus for the research fraternity.
Industrial robotics market is indeed on its way to way to witness remarkable escalation over the coming years, given the ongoing efforts by the market giants as well as regulatory bodies to unlock the maximum potentialities of automation across manufacturing domain. Yet another factor that has played its cards in proliferating the business outlook is the increasing capital investment in employing manual labors and the related inconvenience associated with it. Average industrial robot price cost, on the other hand, has witnessed a downturn, with increasing production.
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Competitive advantage and reduced per-hour cost as compared to human results will augment the North America industrial robotics market growth. Major players are developing affordable, and compact energy-efficient solutions to access a wider customer base. The rise of outsourced manufacturing activities and the increase in SMEs in the Asia Pacific region are contributing to the high industry demand of the in the region.
Table of Contents:
Chapter 5 Industrial Robotics Market, By End-use
5.1 Industrial robotics industry share by end-use, 2016 & 2024
5.2 Automotive
5.2.1 Market estimates and forecasts, by region,2013 – 2024
5.3 Metals & machinery
5.3.1 Market estimates and forecasts, by region,2013 – 2024
5.4 Rubber & Plastics
5.4.1 Market estimates and forecasts, by region,2013 – 2024
5.5 Food & beverage
5.5.1 Market estimates and forecasts, by region, 2013 – 2024
5.6 Electrical & electronics
5.6.1 Market estimates and forecasts, by region,2013 – 2024
5.7 Others
5.7.1 Market estimates and forecasts, by region, 2013 – 2024
Chapter 6 Industrial Robotics Market, By Region
6.1 Industrial robotics market share by region, 2016 & 2024
6.2 North America
6.2.1 Market estimates and forecasts, 2013 – 2024
6.2.2 Market estimates and forecasts, by product, 2013 – 2024
6.2.3 Market estimates and forecasts, by end-use, 2013 – 2024
6.2.4 U.S.
6.2.4.1 Market estimates and forecasts, 2013 – 2024
6.2.4.2 Market estimates and forecasts, by product, 2013 – 2024
6.2.4.3 Market estimates and forecasts, by end-use, 2013 – 2024
6.2.5 Canada
6.2.5.1 Market estimates and forecasts, 2013 – 2024
6.2.5.2 Market estimates and forecasts, by product, 2013 – 2024
6.2.5.3 Market estimates and forecasts, by end-use, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/industrial-robotics-market
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Email: sales@gminsights.com
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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