Press release
Industrial Robotics Market is expected to grow at the rate of more than 14% from 2016 to 2022
Industrial Robotics are the system used for manufacturing, welding, painting, assembling, packaging, and testing and for many other industrial applications. These are automated, programmable machines which reduces high and tiring efforts of producing & manufacturing consumer goods. Among its various types articulated, SCARA, and Cartesian robots are majorly used by industries.
The major factor that drives the growth of Industrial Robotics market is high demand of robotics products in industrial application especially in manufacturing sectors, growing investment of automotive industry in technological advancement, and growing adoption of robotics in small & medium size organizations among others.
Globally the market for Industrial Robotics market is expected to grow at the rate of more than 14% from 2016 to 2022.
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Major Key Players for Industrial Robotics Market:
• ABB Ltd. (Switzerland),
• Denso Corporation (Japan),
• Kuka AG (Germany),
• Kawasaki Heavy Industries Ltd. (Japan),
• Bosch GmbH (Germany),
• Yaskawa Electric Corporation (Japan),
• Fanuc Corporation (Japan),
• Mitsubishi Electric Corporation (Japan),
• Rockwell automation, Inc. (U.S.)
• Toshiba Corporation (Japan)
Segments for Industrial Robotics Market:
Global Industrial Robotics Market can be segmented as follows:
Segmentation by Types: Cartesian, SCARA, articulated, delta, 6-axis robots, redundant, dual-arm and parallel among others
Segmentation by Application: Material handling, welding, assembling, palletizing, and painting among others.
Segmentation by End-Users: Automotive, electronics, Rubber & plastic, entertainment, food & beverage and pharmaceuticals among others.
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Regional Analysis of Industrial Robotics Market:
Asia Pacific is dominating the global industrial robotics market with the largest market share. Japan is the leading market of industrial robotics & countries such as China, and India is responsible for half of the market revenue and therefore is expected to grow with highest revenue by 2022 followed by Europe. Europe is the second highest market for industrial robotics market as more than 50% of industries in Europe has implemented robotics technology in order to operate their activities. North America is also showing fruitful growth in industrial robotics market in upcoming years.
Target Audience:
• Technology investors and providers
• Manufacturing Industries
• Automotive industries
• Industrial robotics parts & component manufacturers
• Research organizations
• Industrial robotics associations
Table of Content
1. Report Prologue
2. Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
Continued…..
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