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Global Industrial Robotics Market in Construction & Manufacturing Industry 2017-2025

03-26-2018 10:12 AM CET | Industry, Real Estate & Construction

Press release from: Progressive Market Research

/ PR Agency: Progressive Markets
Global Industrial Robotics Market

Global Industrial Robotics Market

The global industrial robotics market is expected to reach $88,606 million in 2025, from $37,910 million in 2016, growing at a CAGR of 10.1% from 2017 to 2025. An industrial robot is a robotic system used for manufacturing, welding, painting, assembly, pick & place, and other functions. It is an automated, programmable, and auto-learning system with high endurance, speed, and precision. Robotic technologies offer financial benefits to various industries owing to reduced overheads, increased productivity & flexibility, and waste reduction. New generation robots possess human attributes such as flexibility, intelligence, memory, recognition of objects, and learning ability. Robotics are widely adopted in manufacturing companies such as consumer electronics, automotive, and telecommunications owing to its enhanced efficiency and durability.

Access Full Summary at: https://www.progressivemarkets.com/industry-research/industrial-robotics-market

Based on technology, the global augmented reality market is segmented as marker-based augmented reality and marker less augmented reality. Based on component, the market is segmented as hardware and software. Furthermore, the market is segmented into application which includes aerospace & defense, medical, gaming, industrial, automotive, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:
Reduction of duties & refurbished goods.
Increase in demand for automation machineries owing to increase in labor cost.
Restraints:
Higher cost & uncertainty.
Stagnation of industrial manufacturing.
Market Players:

The top players in the global virtual reality market include Kuka Robotics, Denso, Fanuc, Mitsubishi, Universal Robots, ABB Ltd., Adept Technology, Inc., Rockwell Automation, Inc., Nachi-Fujikoshi Corp, and Yaskawa Electric Corp.

Do Inquiry for Sample report: https://www.progressivemarkets.com/request-sample/industrial-robotics-market

INDUSTRIAL ROBOTICS MARKET LANDSCAPE
By Type
Articulated
Cartesian
SCARA
Cylindrical
Others

By Industry
Automotive
Electrical & Electronics
Chemical, Rubber, & Plastics
Machinery
Metals
Food & Beverages
Precision & Optics
Others

By Function
Soldering & Welding
Materials Handling
Assembling & Disassembling
Painting & Dispensing
Milling, Cutting, & Processing
Others

By Geography
North America
U.S.
Canada
Mexico

Europe
UK
Germany
France
Rest of the Europe

Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific

LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

The company makes use of primary corporate research and secondary inputs from trusted sources to build its own reference base. It maintains consistency in quality as it keeps itself updated with changes in market dynamics and gauging its net effect on global business trends.

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Mr. Shriram Dighe
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Kalyani Nagar, Pune, Maharashtra 411014, 
India: +91 20 66346040 
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help@progressivemarkets.com

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