A
recently released report from Transparency Market Research (TMR)
forecasts that the global industrial robotics market will grow at a
CAGR of 6.2% between 2014 and 2020. TMR, a market intelligence firm
based in the U.S., states that the global industrial robotics market
will reach a market value of US$44.48 billion by 2020, growing from
US$28.93 million in 2013. The report, titled ‘Industrial Robotics
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014 - 2020 is available for sale on the website.
Browse
the full Industrial Robotics Market Report at
http://www.transparencymarketresearch.com/global-industrial-robotics-market.html
According
to this market research report, factors such as the widespread
adoption of robotics in small and medium enterprises and rising labor
costs drive the global industrial robotics market. High investment in
research and development activities and reduction of duties,
especially in the regions of Asia Pacific and Rest of the World, are
other main factors that will propel the overall industrial robotics
market. Greater use of robotics in manufacturing and strategic
business expansion initiatives will create several growth
opportunities in the global industrial robotics market in the
forecast period.
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/global-industrial-robotics-market.htm
The
TMR report segments the global industrial robotics market on the
basis of type, industry, function, and geography. According to type,
this market is classified into cylindrical, Selective Compliant
Assembly Robot Arm (SCARA), Cartesian, and articulated robots. On the
basis of industry, the global industrial robotics market is segmented
into precision and optics, food and beverages, metals, machinery,
rubber, chemicals and plastics, electrical and electronics, and
automotive. Precision and optics, metals, and food and beverages are
the three industrial segments that will lead overall demand for
industrial robots in the forthcoming years. Based on function, the
report segments the global industrial robotics market into milling,
cutting and processing, painting and dispensing, assembling and
disassembling, materials handling, soldering and welding, and others.
In 2013, the materials handling segment held the largest share in the
global market.
From
the regional perspective, the report categorizes the global
industrial robotics market into Asia Pacific, Europe, North America,
and Rest of the World. In terms of revenue, the global industrial
robotics market was led by Asia Pacific in 2013. The growth of the
Asia Pacific industrial robotics market can be attributed to
intensive research and development activities in economies such as
India, China, Australia, and Japan. It is anticipated that much of
the demand for industrial robotics in Asia Pacific will come from
small and medium enterprises that will take to robotic applications
on a massive scale in the years to come. In North America, Mexico is
expected to be a promising market for industrial robotics.
Stagnating
industrial manufacturing and postponement of investment owing to high
costs of capital will have an adverse impact on the performance of
the global industrial robotics market in the forthcoming years. The
prominent companies in the global industrial robotics market are
Yaskawa Motoman Robotics, Universal Robots, Panasonic Corporation,
Nachi Robotic Systems Inc., KUKA Robotics Corporation, FANUC Ltd.,
and Denso Corporation.
Request
a Sample of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3187
About
Us:
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
No comments:
Post a Comment