DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Industrial Robotics Market by Type, BY Industry & BY function - Global Opportunity Analysis and Industry Forecast, 2012-2020" report to their offering.
The global industrial robotics market was valued at $27 million in 2012, and is projected to reach $41 billion by 2020, growing at a CAGR of 5.4% from 2013 to 2020.
The articulated robots segment accounted for $13 billion in 2012 in the industrial robotics market, owing to increased usage of these robots in the emerging industries such as packaging and healthcare sectors. However, cylindrical robots and other types of robots, such as customized and refurbished robots, are expected to grow at a significant pace in the coming years, owing to their increased demand in the industrial sectors of the Asia-Pacific region. The cylindrical and others segments are estimated to grow at CAGRs of 6.5% and 7.5%, respectively, during the forecast period.
The automotive industry segment dominated the global industrial robotics market in 2012, with a revenue contribution of $7 billion. However, this segment is expected to witness sluggish growth in the near future, owing to slowdown in the automotive industry in the past years and grow at a CAGR of 4.9% during the forecast period. The food & beverages segment is expected to grow at a significant CAGR of 6.9% during the forecast period, owing to spiraling growth of the food & beverages industry. Moreover, increase in need for customized solutions to make the process faster especially in the untapped regions, such as Brazil, Argentina, and South Africa, is expected to drive the food & beverages industry.
- Daihen Corporation
- Denso Corporation
- Epson America, Inc.
- Fanuc Ltd.
- Kawasaki Heavy Industries Ltd.
- KUKA Robotics Corporation
- Mitsubishi Electric Corporation
- Nachi Robotic Systems, Inc.
- Panasonic Corporation
- Universal Robotics
Yaskawa Electric Corporation
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Scenario To 2025
Chapter 4 Market Overview
Chapter 5 Global Industrial Robotics Market, By Type
Chapter 6 Global Industrial Robotics Market, By Industry
Chapter 7 Global Industrial Robotics Market, By Function
Chapter 8 Global Industrial Robotics Market, By Region
Chapter 9 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/hscl23/industrial