Press release
Global Robot Drives Market Will Grow at a CAGR of Nearly 8% During the Forecast Period by 2021
Place Purchase Order for this Report@ http://www.orbisresearch.com/contact/purchase/275783
Overview of the global robot drives market
Market research report predicts that the global robot drives market will grow at a CAGR of nearly 8% during the forecast period. The increase in number of SMEs investing in automation is one of the primary drivers for market growth. Numerous small and medium-sized enterprises and large industrial players have switched to industrial robots to cut down the operational costs and decrease the dependency on manual labor.
Countries such as China, Japan, and Taiwan are observing the growth of SMEs across various end-user industries and these SMEs have started implementing automation and robotics on a wider scale. Moreover, A robot can increase the production output by twice the amount compared to a human worker and also help in minimizing the added expenses such as wages, compensation, and pensions incurred from manual labor. To provide products with an affordable price tag, numerous vendors are emerging in the market and are offering robots with extra features suitable for SMEs that are much safer with capabilities to perform repetitive tasks providing high efficiency.
Browse Full Report with TOC: http://www.orbisresearch.com/reports/index/global-robot-drives-market-2017-2021
In terms of geography, APAC dominated the global robot drives market during 2016 and is foreseen to continue the domination over the next four years. Factors such as the rapid industrial development and favorable economic conditions in the region will drive the market’s growth prospects in the coming years.
Enquire about Robot Drives Market@ http://www.orbisresearch.com/contacts/enquiry-before-buying/275783
Competitive analysis and key vendors
The global robot drives market is characterized by the presence of numerous manufacturers that design and engineer servo drives for robotic OEMs and system integrators in the market. The frequent widening of the industrial robotic market has induced vendors to strengthen their all-round capabilities in robotic component manufacturing. Additionally, the system integrators and vendors who specialize in drive manufacturing are interdependent to sell their products and are also focusing on expanding their market presence.
Key vendors in the market are:
Bosch Rexroth
Ingenia Motion Control
Robotics & Drives
YASKAWA Electric Corporation
Other prominent vendors
include ABB, Bass-Antriebstechnik, Beijing Leader & Harvest Elecric Technologies, Danfoss, DENSO Robotics, Emerson Electric, Fanuc, Harmonic Drive, Hitachi Industrial Equipment Systems, Kollmorgen, Micro-Motor, ROBOTEC Engineering, Rockwell Automation, Schneider Electric, and Siemens.
Segmentation by type and analysis of the robot drives market
DC servo drives
AC servo drives
During 2016, the DC servo drives segment dominated the robot drives market and is expected to continue the dominion over the next four years. The increasing adoption of DC servo drives in industrial robots will be the major factor contributing to the growth of this market segment.
Segmentation by application and analysis of the robot drives market
Material handling
Assembly line
Welding
Painting
As per this market research report, the material handling segment led the robot drives market during 2016 and is anticipated to continue its dominance during the forecast period as well. The increasing adoption of material handling robots across various industries to improve the productivity and address the need for unskilled workforce will be the major factor driving the growth of this market segment.
Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global robot drives market?
What are the key market trends impacting the growth of the global robot drives market?
What are the challenges to market growth?
Who are the key vendors in the global robot drives market?
What are the market opportunities and threats faced by the vendors in the global robot drives market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global robot drives market?
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Appendix
Orbis Research is a single point aid for all your Market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their needs and we produce the perfect required Market research study for our clients.
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
Email ID: sales@orbisresearch.com
For More PR’s Visit @ http://orbisnewsrelease.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Robot Drives Market Will Grow at a CAGR of Nearly 8% During the Forecast Period by 2021 here
News-ID: 522461 • Views: …
More Releases from Orbis Research
Blood Purification Devices Market 2023-2028 | Top Players Baxter International, …
Based on the type segment, the portable equipment segment is expected to hold the largest share in Blood Purification Devices in the year 2028. Professionals that are actively involved in the ongoing purification of blood tend to favour portable equipment. Equipment that is portable enables effective emergency care. Additionally, portable equipment is rather space-efficient and compact, which promotes widespread use throughout the blood-purification process. In a manner similar to how…
Clean Beauty Market to Grow at 40.1% CAGR by 2028 - Key Players are Bare Mineral …
Clean beauty is described as beauty and personal care products that are made with the safest possible ingredients and have the lowest possible environmental impacts. Clean beauty pertains to products that are safe, non-toxic, and clearly labelled ingredients Also, the ingredients used are cruelty-free and are screened for non-GMO feedstock and residual pesticides.
Request a pdf brochure @ https://www.orbisresearch.com/contacts/request-sample/6941781
The Clean Beauty Market is valued at USD 5163.17 Million in 2021 and…
Outdoor Power Equipment Market Worth USD 6.49 Bn by 2027 - Industry Trends and S …
The outdoor power equipment generally includes, brush cutters, edger, chain saws, power rakes, and more. Outdoor power equipment is commonly used by end users, such as lawn & plant care providers and landscape service providers, for commercial purposes.
The global outdoor power equipment market in 2021 was valued at US$32.22 billion. The market value is projected to reach US$46.49 billion by 2027. Outdoor power equipment (OPE) is an equipment with small…
Merchant API Market to reach US$119.11 billion by 2027 - Industry Trends, Growth …
The latest research on "Global Merchant API Market: Analysis By Molecular Type, By Segment, By Type, By Type of Synthesis, By End-User, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027" have been added to OrbisResearch.com store.
The merchant API market refers to the use of APIs by merchants, or businesses that sell goods and services, to connect their systems and processes with those of other…
More Releases for Drive
Global Land Top Drive Market 2020, Land Top Drive Market, Land Top Drive Market …
Global Land Top Drive Market Growth 2020-2025 released by MarketandResearch.biz embarks with industry overview which clarifies value chain structure, industrial environment, market size, market share, regional analysis, application, and forecast. The report outlines the development factors improving or hampering the market advancement, major ruling organizations, monetary circumstance, and veritable certainties. This research is exceptionally advantageous to pursuers. This research refines variations of the global Land Top Drive market to help…
Global Harmonic Drive Market 2018 - BENRUN Robot, Nidec-Shimpo, China Harmonic D …
Apex Market Reports, recently published a detailed market research study focused on the “Harmonic Drive Market” across the global, regional and country level. The report provides 360° analysis of “Harmonic Drive Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Harmonic Drive on…
Global Self-Encrypting Drive Market By Product Type | Internal Hard Disk Drive a …
Researchmoz added Most up-to-date research on "Global Self-Encrypting Drive Market By Product Type | Internal Hard Disk Drive and External Hard Disk Drive" to its huge collection of research reports.
In this report, the global Self-Encrypting Drive market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report…
Oz Woodward will drive you crazy with his wonderful “Synthetic Drive”
“Synthetic Drive” is an electronic track from the great musician Oz Woodward. This floor shaking music is gaining huge popularity all over the world and even on SoundCloud. The electronic music celebrates life with the enticing usage of various instruments. He is an electronic musician who is also described as one of the most influential figures in the electronic genre. His unique way of production has captured many hearts. The…
Hard Disk Drive Market 2017-2027 Expected to Drive Growth
In recent past it has been observed that the Hard disk drive market is negatively affected, driven by falling sales in the PC market. But a trend that helped to boost the market growth is the innovation of high-storage portable external hard disks. Hard disk drive market is directly affected by the flash-based SSDs. In now days the adaptation of flash based SSDs in Laptops and personal computers continue…
Harmonic Drive Market Forecasts – HDSI, Leaderdrive, Beijing CTKM Harmonic Dri …
For overview analysis, the report introduces Harmonic Drive Market basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.
Harmonic Drive Market :
Harmonic Drive is a compact, high performance, precision reduction gear. It is one of the key components used in robotic products such as collaborative work robots. The gear consists of only 3 basic parts (Wave Generator, Flex spline, and Circular Spline). It…
