Press release
Global Industrial Robots Market : Boosting CAGR of +9.54% by 2024 with Top Manufacturers, Growth, Size, Analysis, Competitive Landscape and Forecast till 2024
Global Industrial Robots Market- Industry Trends and Forecast to 2024
The Global Industrial Robots Market accounted to USD 38.20 billion in 2016 growing at a CAGR of 9.54% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Industrial Robots Market By Type (Articulated Robots, Cylindrical Robots, Cartesian Robots, Polar Robots, SCARA Robots, Delta Robots, Parallel Robots, Gantry Robots, Collaborative Industry Robots), By component (Controller, Industrial Robot Arms (Manipulator) End-Effector, Drive, Sensors, Others), By Industry (Automotive, Chemical and Manufacturing, Construction, Electrical and Electronics, Food and Beverages, Machinery and Metals, Pharmaceuticals, Plastics, Others (Rubber, Optics)), By Function(Assembling and Disassembling, Cutting and Processing, Material Handling, Painting and Dispensing, Soldering and Welding) (By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.
Competitive Analysis:
Industrial Robots Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
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Industrial Robots Market Major Market Competitors:
Some of the major players operating in Industrial Robots Market are
• ABB Ltd,
• Fanuc,
• Denso,
• Kuka AG,
• Yaskawa Electric Corporation,
• Kawasaki Heavy Industries LTd,
• Toshiba,
• Panasonic,
• Nachi,
• Yamaha,
• Epson,
• Staubli,
• Adept Technologies,
• Comau SPA,
• Fanuc Coporation,
• Mitsubishi Electric Corporation,
• Denso Corporation,
• Universal Robots A/S,
• CMA Robotics S.P.A.,
• Omron Adept Technologies, Inc.,
• Stäubli International AG,
• Daihen Corporation,
• Seiko Epson Corporation.
Market Drivers and Restraints:
• Growing demand of robots in various sectors such as packaging, material handling, agriculture
• Increasing Automation in Commercial, Industrial, and Residential Sector
• Technological advancements in the field of robots
• Surge in demand from SMEs in developing countries
• Surge in productivity
• Effective waste reduction
Key Questions Answered in Global Industrial Robots Market Report:-
Our Report offers:-
What will the market growth rate, Overview and Analysis by Type of Global Industrial Robots Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global Industrial Robots Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Industrial Robots Market?
Who are Opportunities, Risk and Driving Force of Global Industrial Robots Market?
Who are the opportunities and threats faced by the vendors in Global Industrial Robots Market? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Industrial Robots Market opportunities, market risk and market overview of the Market?
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Industrial Robots Market Segmentation:
On the basis of type:- Articulated Robots, Cylindrical Robots, Cartesian Robots, Polar Robots, SCARA Robots, Delta Robots, Parallel Robots, Gantry Robots, and Collaborative Industry Robots.
On the basis of Components :- Controller, Industrial Robot Arms (Manipulator) End-Effector, Drive, Sensors, and Others.
On the basis of Industry:- Automotive, Chemical and Manufacturing, Construction, Electrical and Electronics, Food and Beverages, Machinery and Metals, Pharmaceuticals, Plastics, and Others.
On the basis of Function:- Assembling and Disassembling, Cutting and Processing, Material Handling, Painting and Dispensing, Soldering and Welding.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
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