Press release
Industrial Robotics Market in US Demand & SWOT Analysis By 2023: Key Players Daihen Corporation, Denso Corporation, Epson America
The global industrial robotics market was valued at $37,875 million in 2016, and is projected to reach $70,715 million by 2023, growing at a CAGR of 9.4% from 2017 to 2023.
The automotive industry segment dominated the global industrial robotics market in 2016, with a revenue contribution of $16,630 million. However, this segment is expected to witness sluggish growth in the near future, owing to slowdown in the automotive industry in the past years and grow at a CAGR of 8.9% during the forecast period. The food & beverages segment is expected to grow at a significant CAGR of 11.0% during the forecast period, owing to spiraling growth of the food & beverages industry.
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key Findings of the Global Industrial Robotics Market:
o Presently, the articulated robot segment dominates the industrial robotics market, and is expected to this trend throughout the forecast period.
o Automotive is the largest application segment in the present scenario and is projected to maintain its dominance throughout the forecast period.
o The food & beverages segment is expected to witness fastest growth rate in the near future.
Rapid growth in automation and reduction in taxes on refurbished goods have fueled the growth of the industrial robotics market. North America and Europe collectively accounted for more than one-third share of the industrial robotics market, as these regions have continuously focused on R&D activities using industrial robotics.
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Table of Content:
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
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Top Industry Players:
Daihen Corporation, Denso Corporation, Epson America, Inc., Fanuc Ltd., Kawasaki Heavy Industries Ltd., KUKA Robotics Corporation, Mitsubishi Electric Corporation, Nachi Robotic Systems, Inc., Panasonic Corporation, and Universal Robotics.
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Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
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