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Industrial Robotics Market Size, Growth, Segmentation, Share, Forecast 2019-2025
Industrial Robotics Market
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The increase in demand for automation and rapid growth in industrialization requires the industrial robots. There is an increasing adoption of industrial robots in various applications such as automotive, manufacturing, construction, and food & beverages industries for automating processes, which in turn leads to more efficiency, reduced human errors, and increased safety of the workforce that fuels the demand for the industrial robots. Also, the industrial robots provide high-quality products and services, increase the capabilities of manual labor in terms of efficiency, provide better customer services, and efficiently manage processes.
The lack of a skilled workforce and high labor costs fosters the implementation of industrial robotics in various end-user industries in developed and developing countries. Although the initial and installation cost of implementing a robot is higher, nevertheless once implemented it delivers high productivity, efficiency, and profits. Many players have implemented industrial robotics solutions to reduce their labor costs and improve efficiency. Moreover, labor wages are on the rise, which is also expected to witness an upsurge in labor costs during the forecast period.
Current Market Trends Covered in the Global Industrial Robotics Market Report:
• Increased investments in the new technologies positively affecting the industrial robotics market growth.
• Shifting consumer preferences towards cost-effective automated services products is expected to provide a growth rate to the industrial robotics market.
• The Asia-Pacific region will register a significant growth rate in the market during the forecast period.
• The new service offerings and geographical expansions will be the key strategy adopted by the global industrial robotics industry players.
A Full Report of Industrial Robotics Market is Available at https://www.omrglobal.com/industry-reports/industrial-robotics-market
Global Industrial Robotics Market – Segmentation
By Type
• Traditional Robots
• Collaborative Robots
By End-User Industry
• Automotive
• Chemical, Rubber, and Plastic
• Electrical &Electronics
• Food &Beverages
• Metal & Heavy Machinery
• Others
Global Industrial Robotics Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• ABB Ltd.
• American Robot Corp.
• ARC Specialties Inc.
• AUBO Robotics Inc.
• Bosch Rexroth AG, aBosch Company
• Comau S.p.A
• DENSO Robotics
• Empire Robotics, Inc.
• Energid Technologies Corp.
• EPSON Robots, a company of Seiko Epson Corp.
• FANUC Corp.
• F&P Robotics AG
• Gudel Group AG
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/industrial-robotics-market
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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