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Market Research Future (MRFR) highlights that the global Industrial Robotics Market valuation is projected to reach USD 81 BN by 2022, growing at approximately 14% CAGR throughout the review period (2016 u2013 2022).
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Industrial Robotics Market is Driven by the Rising Advances in Cost-Effective Technologies; MRFR Releases Insights for 2016– 2022 Market Research Future published a research report on “Industrial Robotics Market Research Report” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022. Market Research Future (MRFR) highlights that the global Industrial Robotics Market valuation is projected to reach USD 81 BN by 2022, growing at approximately 14% CAGR throughout the review period (2016 – 2022). The COVID 19 pandemic has accelerated the digital transformation, promoting social distancing. The epidemic has also fostered automation in distinct technology areas, increasing uses of technologies such as 5G, cloud/edge, and artificial intelligence. The industrial robotics market is garnering substantial traction, mainly due to the rapid industrialization across the globe. Besides, the market growth mainly attributes to the rising demand for automated, programmable machines to reduce the tiring efforts of producing & manufacturing consumer goods. Moreover, rising uptake of articulated, SCARA, and Cartesian robots across the rapidly growing industries escalate market growth. Additionally, the high demand for robotics, especially in manufacturing sectors, and growing investments in the automotive industry, boost the growth of the market. Also, growing
technological advances and adoption of robotics in small & medium size organizations accelerate market growth. Furthermore, the advantages of articulated robots, such as the reduced overall production cost, substantiate the size of the market. Industrial Robotics Market- Competitive Landscape Highly competitive, the industrial robotics market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, players incorporate strategic initiatives such as collaborations, mergers & acquisitions, expansion, and product/ technology launch. They make substantial investments in new product developments and geographical expansion. Industrial robotics market trends include relentless innovations and new products, resulting in intense competition among manufacturers. Major Players: Players leading the global industrial robotics market are Denso Corporation (Japan), ABB Ltd. (Switzerland), Kuka AG (Germany), Bosch GmbH (Germany), Kawasaki Heavy Industries Ltd. (Japan), Yaskawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), Fanuc Corporation (Japan), Toshiba Corporation (Japan), and Rockwell Automation, Inc. (US), among others. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1933
Global Industrial Robotics Market- Segments By Types: Cartesian, Articulated, SCARA, Delta, Redundant, 6-Axis Robots, Dual-Arm & Parallel Robotics, and others. By Application: Welding, Material Handling, Assembling, Painting, Palletizing, and others. By End-Users Pharmaceuticals, and others. : Electronics, Automotive, Rubber & Plastic, Food & Beverage, Entertainment, By Regions: Asia Pacific, Americas, Europe, and Rest-of-the-World. Global Industrial Robotics Market- Regional Analysis The Asia Pacific region dominates the global industrial robotics market. The market growth attributes to the strong presence of several notable players and well-established development centers, allowing advances in robotics and the early uptake. Japan is the leading market of industrial robotics, followed by China and India, respectively. With its vast investments in the development of articulated robotics and the manufacturing processes, India demonstrates the maximum potential to grow during the assessment period. Furthermore, the rising demand for new autonomous technology from the burgeoning automotive and aircraft sectors fosters the growth of the regional market. Europe, with more than 50% of industries, stands second in the global industrial robotics market. Maximum industries in the region have implemented robotics technology to operate their activities. The market growth is driven by the strong presence of auto manufacturers and the need for automated vehicle manufacturing processes. If you have any requirements, let know and we will customize the report according to your need. Get More Information:https://www.marketresearchfuture.com/reports/industrial- robotics-market-1933 Major Highlights of TOC Covers: 1. Executive Summary 2. Key Business Trends 3. Regional Trends and Growth 4. Product Trends 5. End-use Trends 6. Definition and Forecast Parameters 7. Industrial Robotics Market Segmentation
8. Industrial Robotics Market Landscape 9. Vendor Matrix 10. Company Profiles 11. Business Overview 12. Financial Data Continued……. About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email:sales@marketresearchfuture.com Market Research Future, Industrial Robotics, Industrial Robotics Market, Industrial Robotics Market Size, Industrial Robotics Market Share, Industrial Robotics Market Trends, Industrial Robotics Market Report, Industrial Robotics Market Analysis, Industrial Robotics Market Demand