Market Overview
global industrial robotics market that observes a huge surge for this market at 14% CAGR (Compound Annual Growth Rate) between 2019 and 2022.
Industrial robotics comprises mechanical systems that are useful for various activities of industrial applications. The primary factor driving the global industrial robotics market growth is high demand of robotics products in industrial application especially in manufacturing sectors, growing adoption of robotics in small & medium size organizations and growing investment by the automotive industry in technological advancement.
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The global industrial robotics market has been segmented on the basis of application, end user, type, and lastly, region. The application-based segmentation segments this market into assembling, material handling, painting, palletizing, welding, and others. As per segmentation with regards to the end users, the market has been segmented into automotive, electronics, entertainment, food & beverage, rubber & plastic, pharmaceuticals, and others. By type, the market segmentation covers 6-axis robots, articulated, Cartesian, delta, dual-arm, parallel, redundant, selective compliance assembly robot arm, (SCARA) and others.
Key Players for Industrial Robotics Market:
Some of the major players in Global Industrial Robotics Market includes 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.) and Toshiba Corporation (Japan) among others.
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.
Latest Industry News
Veo Robotics Inc. has introduced collaborative robot arms, known as Cobots. Cobots can help small and midsize enterprises. They can work alongside people more safely than traditional industrial automation. Cobots add multiple cameras and sensors to a work cell, combining 3D sensing through LiDAR with computer vision and artificial intelligence (AI). This enables larger robots to slow or stop around people but otherwise operate at full speed. 5 NOV 2018
uArm has been famous for selling robot arms to consumers at affordable prices like US $ 200. Now they have introduced a more capable, 7-axis arm that costs US $ 2,000. 20 NOV 2018
Canadian startup Omnirobotic is set to begin on-site field testing for its industrial painting robot to locations in Canada and the USA, with larger rollouts set to begin in early 2019. 30 NOV 2018
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.
Table Of Content
Report Prologue
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
Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
List of Tables
Table 1 Global Industrial Robotics Market (Usd Billion)
Table 2 Global Industrial Robotics Market, By Types
Table 3 Global Industrial Robotics Market, By Application
Table 4 Global Industrial Robotics Market, By End-Users
Table 5 Global Industrial Robotics Market, By Region
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List of Figures
Figure 1 Research Process
Figure 2 Drivers Of Global Industrial Robotics Market
Figure 3 Global Industrial Robotics Market: By Type (%)
Figure 4 Global Industrial Robotics Market: By Application (%)
Figure 5 Global Industrial Robotics Market: By End-Users (%)
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