Global Industrial Robots market research report is a meticulous investigation of current scenario of the market, which covers several market dynamics. Global Industrial Robots Market shows the continuous positive developments in major regions like North America, Europe, Asia-Pacific, South America, Middle East, and Africa. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.
Global Industrial Robots Market is expected to register a healthy CAGR of 10.10% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to increase in investments for automation in industries and surge in labor charges worldwide.The global demand at the End-user segment is increasing day by day for the Industrial Robots market due to which Industrial Robots market is rapidly changing the face of industry. This report on the Industrial Robots market is a walk through to all the market definition, classifications, applications and market trends.
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Global industrial robots market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial robots market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global industrial robots market are ABB, KUKA AG, Mitsubishi Electric Corporation, FANUC CORPORATION, Kawasaki Heavy Industries Ltd., YASKAWA ELECTRIC CORPORATION., Seiko Epson Corporation, Stäubli International AG., NACHI-FUJIKOSHI CORP., DENSO CORPORATION., Comau SpA VAT, DAIHEN Corporation, OMRON Corporation, Universal Robots, CMA ROBOTICS SPA ITALY, Artech Automation AS, Panasonic Corporation.
Global Industrial Robots Market By Type (Traditional Industrial Robots, Collaborative Robots), Industry (Automotive, Electrical and Electronics, Plastics, Rubber, and Chemicals, Metals and Machinery, Food and Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics, Others), Technology (Motion Control and Drives Systems, Robotics Systems, Integrated Manufacturing Systems, Machine Vision Systems, Manufacturing Execution Systems, Programmable Logic Control System, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- To perceive the most influencing pivoting and hindering forces in Industrial Robots Market and its footprint in the international market.
- Learn about the market policies that are being endorsed by ruling respective organizations.
- To gain a perceptive survey of the market and have an extensive interpretation of the Industrial Robots Market and its materialistic landscape.
- To understand the structure of Industrial Robots Market by identifying its various sub-segments.
- Focuses on the key global Industrial Robots Market players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Industrial Robots Market submarkets, with respect to key regions (along with their respective key countries).
- To strategically profile the key players and comprehensively analyze their growth strategies
- To analyze the Industrial Robots Market with respect to individual growth trends, future prospects, and their contribution to the total market.
- Growing demand for industrial robotics from SEMs is driving this market
- The increase in investments for innovations and automation in industries is expected to drive the market
- Surging demand for automation activities and reduction in custom duties in the industry is expected to drive the market
- Demand for minimizing defect, waste and downtime are the factors for growth in this market
- The high manufacturing cost of industrial robotics solutions is a major hindrance for the industrial robotics market growth
- High investment required for the initial setup is a restraint for this market
Key Developments in the Market
- In November 2017, Kawasaki collaborated with ABB for robot automation cooperation. This can be the world’s 1st collaboration targeted on cobots and creation of trade approaches to safety, communication, and programming. This means more variability and more human intervention. This collaboration will bring advancement in technology and expand their product portfolio
- In April 2017, IBM partners with ABB for industrial artificial intelligence that will merge IBM Watson’s power with ABB Ability, ABB’s extensive digital offering to unlock new value for customers in utilities, industry, transportation and infrastructure. This partnership will unlock new achievement for both the companies and bring new technological advancement
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Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Segmentation: Global Industrial Robots Market
- Traditional Industrial Robots
- Articulated Robots
- SCARA Robots
- Parallel Robots
- Cartesian Robots
- Collaborative Robots
- Electrical and Electronics
- Plastics, Rubber, and Chemicals
- Metals and Machinery
- Food and Beverages
- Precision Engineering and Optics
- Pharmaceuticals and Cosmetics
- Motion Control and Drives Systems
- Robotics Systems
- Integrated Manufacturing Systems
- Machine Vision Systems
- Manufacturing Execution Systems
- Programmable Logic Control System
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