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Research News: Industrial Robotics Market Growth |Top Key Players are ABB, DENSO, Epson America, Kawasaki Heavy Industries, Panasonic, Universal Robots A/S, Yamaha Motor, Mitsubishi Electric US, Yamaha

Research News: Industrial Robotics Market Growth |Top Key

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.

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In this regard, with the concept of Industry 4.0 (fourth Industrial Revolution) being already set in motion and the influx of technological advancements focusing on maximizing the operational throughput, industrial robotics market demand is bound to witness a marked rise over the ensuing years. According to a recent published report by International Federation Robotics(IFR), globally almost more than 1.4 million industrial robots would be deployed into factories by 2019. As claimed by experts, if the forecast figure of 1.4 million deployment is touched by next year, it would be around 1 million more than that of the record-breaking year of 2015. The aforementioned statistics is quite indicative of the exponential growth curve ahead for industrial robotics market.

Amidst the dynamically charged intense share battle, Europe currently witnesses a percentage of authority over the regional landscape. Statistics claim 65% of total number of countries deploying more than average number of industrial robots per 10,000 employees belongs to the European Union. The major factor that has augmented Europe industrial robotics market is the region's persistent investment in robotics projects over the past few years.

The Major Key Players in the Market are as follows:
1. ABB
2. DENSO
3. Epson America Inc.
4. FANUC CORPORATION
5. Kawasaki Heavy Industries, Ltd.
6. KUKA AG
7. Mitsubishi Electric US, Inc.
8. Nachi-Fujikoshi
9. OTC DAIHEN, Inc.
10. Panasonic Welding Systems Co. Ltd.
11. Rethink Robotics
12. St?ubli AG
13. Universal Robots A/S
14. Yamaha Motor Co., Ltd.
15. Yaskawa Electric Corporation

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Industrial Robotics Market In the year 2016, the European Union made it to the front page with its co-funding on 17 new robotics projects under Horizon 2020 Framework in a bid to proliferate research and innovation. Reportedly, 16 of these projects stems from robotics work programme, which implement strategy brainstormed by SPARC, the Public-Private Partnership for Robotics in Europe. Considering these aforementioned axioms, Europe is claimed to procure a major stance in the global industrial robotics industry share landscape, with Germany at the forefront.

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