DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9rp2jp/industrial) has announced the addition of the "Industrial Robotics Market in China 2014-2018" report to their offering.
The Industrial Robotics market in China to grow at a CAGR of 10.09% over the period 2013-2018
Industrial robotics is the technology used to automate a variety of manufacturing processes across different industries such as Automotive, Food and Beverage, and Electrical and Electronics. Industrial robots are programmed to automate and control the manufacturing processes such as arc welding, spot welding, materials handling, machine tending, picking, packing and palletizing, assembly, mechanical cutting, grinding, deburring and polishing, gluing, adhesive sealing and spraying materials, and other applications including inspection, water jet cutting, and soldering.
The report covers the present scenario and the growth prospects of the Industrial Robotics market in China for the period 2014-2018. The Industrial Robotics market in China can be segmented into five: Articulated Robots, Linear Robots, SCARA Robots, Parallel Robots, and Cylindrical Robots.
One major trend in the market is the adoption of industrial robots in other industry segments such as Railway, Aerospace, Shipbuilding, Energy, Consumer Durables, Jewelry, and Healthcare segments. The effective deployment of industrial robots installed with the latest technologies enables companies across these industries to improve their operational productivity and produce high-precision products with minimum defects.
According to the report, one of the important growth drivers in the Industrial Robotics market in China is the demand for industrial robots in the APAC region. The high level of investment based on various construction projects in the APAC region facilitates the demand for industrial robots in China.
Further, the report states that one key challenge faced by the market is the high initial investment. Many small and medium enterprises and cost-driven companies in China are reluctant to adopt industrial robotic systems as they require high initial investment, and prefer to continue with their traditional methods of manufacturing.
Key Vendors
- ABB
- Fanuc
- Yaskawa Electric
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Products
- Market Segmentation by End-Users
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/9rp2jp/industrial