Global Industrial Robotics Services Market 2017-2021 with ABB, FANUC, KUKA, Omron Adept Technologies, Remtec Automation & Yaskawa Motoman Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Industrial Robotics Services Market 2017-2021" report to their offering.

The global industrial robotics services market to grow at a CAGR of 10.16% during the period 2017-2021.

Global Industrial Robotics Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Virtual commissioning is gaining interest in on-site commissioning, as it helps in the reduction of time and costs by 50%-60%. While traditional commissioning only supports the design and decision-making process, virtual commissioning supports the entire lifecycle of industrial robots.

The automotive sector held the largest market share in 2016. However, slowing growth of the overall automotive industry remains a concern. The global industrial robotics market is expected to see a deceleration during the forecast period, as the market is fast approaching maturity, especially in the automotive sector.

Market Dynamics

Market drivers

  • Surge in the industrial robotics market
  • Enhancements in robot programming language
  • Remote services and IoT
  • Increase in customization of services

Market challenges

  • High cost of services
  • Challenges in implementing a holistic customer service experience
  • Compliance with stringent regulations
  • Shortage of qualified professionals

Market trends

  • Emergence of virtual commissioning
  • Innovations in training
  • Data analytics to improve customer experience

Key vendors

  • ABB
  • FANUC
  • KUKA
  • Omron Adept Technologies
  • Remtec Automation
  • Yaskawa Motoman

Other prominent vendors

  • Applied Manufacturing Technologies
  • EIS
  • Essert
  • Geku Automation
  • ICS Robotics
  • InMotion Robotics
  • Phoenix Control Systems
  • RobotWorx
  • Scott Automation & Robotics

For more information about this report visit http://www.researchandmarkets.com/research/mfctm8/global_industrial

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Robotics, Industrial Automation

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Robotics, Industrial Automation