The market for industrial robotics is estimated to reach $40.08 billion by 2020, at a CAGR of 5.2% from 2014 to 2020.
(PRWEB) September 10, 2014
The industrial robotics market report analyzes the ecosystem of industrial robots. The market is segmented by type, which includes articulated robots, cylindrical robots, Cartesian/ gantry robots, SCARA robots, and parallel/ delta robots, among others. By component, the market is segmented into electrical components, electronics components, and mechanical components. The major robot functions included while segmenting the market by function are: the welding robots (arc welding, gas welding, laser welding, and spot welding), material handling robots (machine tools handling, pick and place, and warehousing), packaging and palletizing robots, painting robots (coating, dispensing, sealing, spraying, and polishing), assembling and disassembling robots; cutting, grinding, and deburring robots (laser cutting, water jet cutting, and others); and measurement, inspection, and testing robots, among others. The complete report is available at http://www.reportsnreports.com/reports/166950-industrial-robotics-market-global-forecast-analysis-by-applications-functions-product-geography-2012-2017.html .
The report also includes the segmentation of the industrial robotics market on the basis of the industries such as the automotive industry, electrical & electronics industry; chemical, rubber & plastics industry; metal & machinery industry, food & beverages industry, pharmaceutical industry, and construction industry, among others. Furthermore, the report also provides the geographic segmentation on the basis of the four major regions, namely the Americas, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).
Key players of industrial robotics market profiled in the report are ABB Ltd, Adept Technology Inc, Denso Wave Inc, Durr AG, Fanuc Corp, Kawasaki Heavy Industries Ltd, Kuka AG, Nachi-Fujikoshi Corp, Seiko Epson Corp and Yaskawa Electric Corp Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=166950 .
The industrial robotics market report discusses about the value chain, supply chain, Porter’s analysis, market dynamics, and winning imperatives for the industrial robotics market. The report also covers the detailed market segmentation, estimated overall industrial robotics market size in 2013, and the market forecast from 2014 to 2020.
The industrial robotics market is expected to gain more value as the articulated robots are widely being used these days; they have also replaced the other types of robots. Currently, the automotive industry accounts for a high market size in the industrial robotics market, whereas, the welding robot function is growing at the highest CAGR as compared to the other robot functions. Articulated robots account for a higher market share in a developing economy like APAC. However, Americas is estimated to grow at the second highest CAGR in the projected years. Priced at US $4650 for a single user PDF, a discount on this research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=166950 .
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