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Global Industrial Robotics Market Size, Industry Trends, Share and Forecast 2019-2025

12-11-2020 11:20 AM CET | Industry, Real Estate & Construction

Press release from: Orion Market Research

Global Industrial Robotics Market Size, Industry Trends, Share

The global industrial robotics market is estimated to grow at a CAGR of around 10% during the forecast period. The rapid technological innovations and advancements along with the decreasing costs are the primary factors that positively affect the growth of the global industrial robotics industry. Whereas, increasing manufacturing requirements are fueling the need for adoption automation, which in turn increases the demand for industrial robotics. In addition, the rising penetration of collaborative robots in various industries tends to expand the global industrial robotics market size.

Request a Free Sample of our Global Industrial Robotics Market: https://www.omrglobal.com/request-sample/industrial-robotics-market

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.

A full Report of Global Industrial Robotics Market is Available at: https://www.omrglobal.com/industry-reports/industrial-robotics-market

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

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

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

Hirata Corp.

Kuka AG

Liebherr Group

Mitsubishi Electric Corp.

Nachi-Fujikoshi Corp.

Omron Corp.

Precise Automation Inc.

Teradyne Inc., a Universal Robots Company

Toshiba Machine Co. Ltd.

Yaskawa Electric Corp.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/industrial-robotics-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
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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