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According to the latest research report by IMARC Group, The global industrial robotics market size reached US$ 15.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.4 Billion by 2028, exhibiting a growth rate (CAGR) of 13.98% during 2023-2028. <br><br>More Info:- https://www.imarcgroup.com/industrial-robotics-market
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Global Industrial Robotics Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Industrial Robotics Market Research Report: The latest report by IMARC, titled “Industrial Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global industrial robotics market is expected to grow at a CAGR of 13.98% during 2023-2028. Industrial robotics are mechanical machines that are provided with input to perform the tasks automatically that are related to the production in the industries. They are reprogrammable, and the program can be changed as many times depending on the use and industrial needs. They help improve productivity by reducing costs and producing high-quality products along with workers and operators. They consist of a drive, end-effector, robotic manipulator, sensors, and controllers. The degree of freedom of movement, payload capacity, and size requirements impact the kind of robot required to do a particular task. Industrial robotics helps optimize production processes for a healthy and efficient outcome. They facilitate high payload lifting during the manufacturing of vehicles and machinery customization. Industrial robotics offers various benefits, such as system flexibility, cost-effectiveness, advanced data analytics, reduced waste, and workplace safety. Due to these benefits, they find widespread applications across the globe. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/industrial-robotics-
Report Description and Highlights Report Description Global Industrial Robotics Market Trends: The global market is majorly driven by significant growth in the logistics industry. In line with this, the increasing integration of automated robotic systems for distribution centers, merchants, warehouses, and facility owners is significantly contributing to the market growth. Furthermore, multiple logistics companies are creating advanced solutions throughout the logistics value chain, such as self-driving trucks, intelligent warehouses, and service robots, which is positively influencing the market expansion. Apart from this, the rising product demand in the consumer electronics industry to raise production flexibility is catalyzing the market. Moreover, the high demand for industrial robotics across various industry verticals, such as automotive, pharmaceuticals, and packaging, is propelling the market. Besides, the rapid automation in the electronic industry and the numerous growth strategies adopted by leading market players are strengthening the market. Additionally, the emergence of industry 5.0 and the growing demand for collaborative robots across multiple sectors are providing a boost to the market. Some of the other factors driving the market growth include rapid industrialization, the high cost of hiring manual labor, the shifting focus on improving the productivity of mass production lines, and the development of self-programming robots. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Type Insights: • Articulated Robots • Cartesian Robots • SCARA Robots • Cylindrical Robots • Parallel Robots • Others Function Insights: • Soldering and Welding • Materials Handling • Assembling and Disassembling • Painting and Dispensing • Milling, Cutting and Processing • Others End Use Industry Insights: • Automotive
Report Description and Highlights Report Description • Electrical and Electronics • Chemical, Rubber, and Plastics • Machinery and Metals • Food and Beverages • Precision and Optics • Pharmaceutical • Others Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others
Report Description and Highlights Report Description • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • • • ABB Ltd. DAIHEN Corporation DENSO Corporation FANUC Kawasaki Heavy Industries Ltd. KUKA AG Mitsubishi Electric Corporation Nachi-Fujikoshi Corp. OMRON Corporation Panasonic Corporation Seiko Epson Corporation Universal Robots A/S (Teradyne Inc.) Yamaha Motor Co. Ltd. Yaskawa Electric Corporation. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/industrial-robotics-market
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Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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