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Industrial Robots Market Is Expected To See Massive Surge In Demand And Growth In The Forecast Period 2022-2031
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According to The Business Research Company's industrial robots market report, the market size reached a value of nearly $42,592.1 million in 2021, having increased at a compound annual growth rate (CAGR) of 7.0% since 2016. The global industrial robots market size is expected to grow from $42,592.1 million in 2021 to $ 69,208.3 million in 2026 at a rate of 10.2%. The global industrial robots market size is then expected to grow at a CAGR of 9.6% from 2026 and reach $109,348.9 million in 2031.
COVID-19 pandemic, rise in healthcare expenditure, growth in the industrial sector, mergers and acquisitions to drive innovations, and increasing investments in the market.
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The industrial robots market is segmented -
By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots
By End-User Industry: Automotive, Electrical And Electronics, Healthcare & Pharmaceuticals, Food & Beverages, Rubber & Plastics, Metals & Machinery
By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the industrial robots market
Major competitors in the industrial robots market include ABB Ltd., Fanuc Ltd., Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries Ltd
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The industrial robots market consists of sales of industrial robots by entities (organizations, sole traders, and partnerships) that manufacture industrial robots to perform a specific task automatically. A robot is a programmable mechanical device generally used in place of a person to perform dangerous or repetitive tasks with a high degree of accuracy.
The Table Of Content For The Industrial Robots Market Include:
1. Industrial Robots Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
……
19. Africa Industrial Robots Market
20. Key Mergers And Acquisitions In The Industrial Robots Market
21. Industrial Robots Market Opportunities And Strategies
22. Industrial Robots Market, Conclusions And Recommendations
23. Appendix
The Business Research Company's "Global Industrial Robots Market Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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