Robots are segmented into articulated robots, SCARA robots, cylindrical robots, and cartesian robots. Articulated robots was maximum revenue generator with a value of $12.97 billion.
Portland, Oregon (PRWEB UK) 3 June 2014
Research beam recently published a report titled "Industrial Robotics Market (Products, Functions, Applications and Geography) - Global Analysis, Industry Growth, Trends, Size, Share, Opportunities and Forecast - 2013 – 2020."
The report expects the global industrial robotics market to reach $41.17 billion in 2020 with a CAGR of 5.4% during 2013 to 2020.
To view the complete report, see at http://www.researchbeam.com/industrial-robotics-market.
Reduction of refurbished goods and automation needs are driving the Industrial robotics market. Electronics market would witness larger application of industrial robotics; similarly, nanorobotics and healthcare sectors are also adopting industrial robotics.
Robots are segmented into articulated robots, SCARA robots, cylindrical robots, and cartesian robots. Articulated robots was maximum revenue generator with a value of $12.97 billion in 2012 due to their greater application in healthcare and packaging industries. However, other types of robots, especially cylindrical robots would grow impressively during the analyzed period, owing to rising demand in Asia Pacific.
View similar reports at Research Beam:
Global ultrasonic technologies market (application, product, technology, geography) - size, share, global trends, company profiles, demand, insights, analysis, research, report, opportunities, segmentation and forecast, 2013 – 2020
Global Building Integrated Photovoltaic (BIPV) Market (Components, Application, Technology, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2012 – 2020
Global Database of Metal Fastener and Screw Machine Product Producers - This company database includes the details of more than 6000 metal fastener and screw machine product producers in the world. The database contains the following information about the companies:
Iron and Steel Fasteners - Western European Markets Package - This market research report package offers a perspective on the actual market situation, trends and future outlook for iron and steel fasteners in different Western European countries. The studies provide essential market information for decision-makers including:
In terms of industrial usage, industrial robotics market is segmented into automotive industry, electrical & electronics, chemical, rubber & plastics, machinery, metals industry, food & beverages, precision & optics, etc. Automotive segment attained a market value of $7.37 billion in the year 2012. The report suggested that automotive market would witness a slower growth during the estimated period. However, food and beverage industry is expected to grow fastest with a growth rate of 6.9%.
On functional terms, the industrial robotics market is divided on the basis of soldering and welding, materials handling, assembling & disassembling, painting and dispensing, cutting and processing, milling, and others.
In 2012, Asia Pacific was leading the global market with a share of 49.45% in the overall industrial robotics market. This can be credited to high investments in Research and Development by countries such as Australia, China, Japan, and Taiwan.
Browse all construction and manufacturing market report at http://www.researchbeam.com/construction-&-manufacturing-market-report.
We have a large database of quality and precise market research reports that will be very beneficial for your organization. Reports that we sell our authentic in nature and from reputed publishers, hence it can definitely help you with your growth opportunities.
In order to survive the fierce competition and locate different avenues, one must be privy to high end and quality market information. So, we try and provide you with latest market information by getting high market research reports from our clients.
We have business relations with numerous clients of different verticals. Hence, we bring to you market research reports of various fields and carter to number of organizations. This is the spot on place for all your market research needs.
We are home to a very proactive and energetic team who strives to solve user queries as soon as possible. They will also help you to know about latest market trends and practices.
Research Beam will always make sure to bring most ethical and high quality reports. We value your relationship with us and look forward for a long term relation.
5320 SW Macadam Avenue,
Suite 100, Portland, OR 97239
Toll Free: +1(855)711-1555 (U.S. & Canada)
web site: http://www.researchbeam.com