Industrial Robotics Market - Global Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights
The new technological developments are making manufacturing industry smarter in terms of efficiency with minimizing defect, waste and downtime. In order to overcome the limitations of traditional labour work in industries and enhance the capability of operators, industrial robotics has been evolved. Installation of industrial robots also helps to gain competitive advantage by making business process more dynamic. As defined by ISO 8373 standards the industrial robot is “an automatically controlled, reprogrammable, multipurpose manipulator programmable in three or more axes”. Today, the Industrial robots are increasingly being installed in various industry such as food and packaging, automobile, electronics etc.
The new technological developments are making manufacturing industry smarter in terms of efficiency with minimizing defect, waste and downtime. In order to overcome the limitations of traditional labour work in industries and enhance the capability of operators, industrial robotics has been evolved. Installation of industrial robots also helps to gain competitive advantage by making business process more dynamic. As defined by ISO 8373 standards the industrial robot is “an automatically controlled, reprogrammable, multipurpose manipulator programmable in three or more axes”. Today, the Industrial robots are increasingly being installed in various industry such as food and packaging, automobile, electronics etc.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Global</strong> <strong>Industrial</strong><br />
<strong>Robotics</strong> <strong>Market</strong><br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
Share, <strong>Global</strong> Trends,<br />
<strong>Analysis</strong>, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
<strong>2014</strong><br />
www.futuremarketinsights.com<br />
sales@futuremarketinsights.com
Report Description<br />
The new technological developments are making manufacturing industry smarter in terms of<br />
efficiency with minimizing defect, waste <strong>and</strong> downtime. In order to overcome the limitations<br />
of traditional labour work in industries <strong>and</strong> enhance the capability of operators, industrial<br />
robotics has been evolved. Installation of industrial robots also helps to gain competitive<br />
advantage by making business process more dynamic. As defined by ISO 8373 st<strong>and</strong>ards the<br />
industrial robot is “an automatically controlled, reprogrammable, multipurpose manipulator<br />
programmable in three or more axes”. Today, the <strong>Industrial</strong> robots are increasingly being<br />
installed in various industry such as food <strong>and</strong> packaging, automobile, electronics etc.<br />
Browse Full Report@ http://www.futuremarketinsights.com/reports/details/industrialrobotics-market<br />
The global industrial robotics market is experiencing the robust growth with numerous<br />
untapped opportunity. In 2013, the global industrial robotics market registered around 12% to<br />
15% year on year growth which is expected to grow at same pace for the forecast period. The<br />
factors driving the growth of global industrial robotics market are growing automation to meet<br />
production dem<strong>and</strong>, need for meeting the technology st<strong>and</strong>ard set by government <strong>and</strong><br />
industry associations <strong>and</strong>, increasing production capacity to anticipate the future dem<strong>and</strong>. The<br />
use of industrial robotics helps to achieve automation in manufacturing process which is the<br />
major trend in global industrial robotics market.<br />
The industrial robotics market is segmented on the basis industry which are automotive<br />
industry, chemical, rubber <strong>and</strong> plastics industry, electrical & electronics industry metal <strong>and</strong><br />
machinery industry, pharmaceutical industry, food <strong>and</strong> beverages industry, <strong>and</strong> construction<br />
industry, among others.
Report Description<br />
The global industrial robotics market dominates in automotive industry followed by electrical<br />
<strong>and</strong> electronics industry, food <strong>and</strong> beverages industry, pharmaceutical industry respectively.<br />
Growing dem<strong>and</strong> for vehicles across the globe is the major factor to drive dem<strong>and</strong> in<br />
automotive industry segment of the global industrial robotics market. The growth in dem<strong>and</strong><br />
of industrial robotics in the electrical <strong>and</strong> electronics industry segment of the global industrial<br />
robotics market is likely to spur by various factors such as growing dem<strong>and</strong> for consumer<br />
electronics products, increasing number of mobile shipments, etc.<br />
On the basis of geographical regions the global industrial robotics market is segmented into<br />
seven key regions which are North America, South America, Eastern Europe, Western Europe,<br />
Asia Pacific, Japan <strong>and</strong> Middle East & Africa. As of 2013, Asia pacific region dominated the<br />
global industrial robotics market in terms of revenue followed by America <strong>and</strong> Europe. The<br />
Asia pacific segment of industrial robotics segmented is expected to maintain its dominance<br />
due to developing countries like China <strong>and</strong> India where automation in manufacturing is pacing<br />
up, additionally the penetration of installation of industrial robots has increased in small scale<br />
industries.<br />
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-285<br />
<strong>Global</strong> industrial robotic market is segmented on the basis of applications which are welding<br />
robots, material h<strong>and</strong>ling robots, assembling <strong>and</strong> disassembling robots, packaging <strong>and</strong><br />
palletizing robots, measurement, inspection <strong>and</strong> testing robots, painting robots, cutting,<br />
grinding <strong>and</strong> deburring robots among others. The global industrial robotics market is expected<br />
to grow two fold with a CAGR about of 5% to 8 % for the forecast period.
Report Description<br />
The global industrial robotics market is expected to grow at a moderate pace during the<br />
forecast period. Key drivers of the global industrial robotics market include significant<br />
growth in non-automotive applications for industrial robots, increase productivity in<br />
industries with low manufacturing cost, reduction of duties <strong>and</strong> refurbished goods<br />
followed by rising dem<strong>and</strong> for automation with higher labour cost.<br />
Key challenges for global industrial robotics market include stagnation of industrial<br />
manufacturing process followed by higher manufacturing cost <strong>and</strong> uncertainty. Major<br />
players in the global industrial robotics market include FANUC Corporation, Yaskawa<br />
Electric Corporation, Kuka AG, Kawasaki Heavy Industries Ltd, Denso Wave Incorporated,<br />
Mitsubishi Electric, ABB Ltd, Toshiba Machine, American Robot Corporation <strong>and</strong> Universal<br />
Robots. Growth in the global industrial robotics market is estimated to grow significantly<br />
as every industry in trying to be more <strong>and</strong> more efficient by automating their processes<br />
robotically. The unique ability of robots to perform numerous steps without human<br />
intervention <strong>and</strong> adapt to different conditions along with up gradation of technology is<br />
showcasing a promising future for industrial robotics market.
About Us<br />
Report Description<br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong> (FMI) is a premier provider of syndicated<br />
research reports, custom research reports, <strong>and</strong> consulting services.<br />
We deliver a complete packaged solution, which combines current<br />
market intelligence, statistical anecdotes, technology inputs,<br />
valuable growth insights, aerial view of the competitive<br />
framework, <strong>and</strong> future market trends.<br />
We provide research services at a global as well as regional level;<br />
key regions include GCC, ASEAN, <strong>and</strong> BRIC.<br />
Research Capabilities<br />
• Customized Research<br />
• Syndicated Research<br />
• Investment Research<br />
• Social Media Research<br />
Sector Coverage<br />
• Automotive <strong>and</strong> Transportation<br />
• Electronics, Semiconductor, <strong>and</strong> ICT<br />
• Retail <strong>and</strong> Consumer Products<br />
• <strong>Industrial</strong> Automation <strong>and</strong> Equipment<br />
• Chemicals & Materials<br />
• Food <strong>and</strong> Beverages<br />
• Services <strong>and</strong> Utilities<br />
• Energy, Mining, Oil, <strong>and</strong> Gas
For other queries contact: Miss. Shibboo Singh<br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong>: 3rd Floor, 207 Regent Street, London W1B 3HH<br />
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268<br />
Thank You!<br />
To know more about us, please visit our website:<br />
www.futuremarketinsights.com<br />
For sales queries or new topics email us on:<br />
sales@futuremarketinsights.com
Change language