DUBLIN--(BUSINESS WIRE)--The "Industrial Robotics Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.
Industrial Robotics market is estimated to grow at a CAGR of 7.12% to reach US$57 billion by 2022, increasing from US$40.438 billion in 2017.
Growing adoption of automation solutions across end-use industries due to rising labor costs and stringent regulations regarding workers' safety is driving the industrial robotics market growth. Mounting need to make the entire supply chain smooth and flexible to bridge the supply-demand gap is further fuelling the demand for industrial robotics globally. The surging usage of industrial robotics for tasks such as sheet handling and welding in heavy industries has resulted in a reduction in manufacturing cycle time and raw material wastage, thereby positively impacting the demand for industrial robotics solutions.
Geographically, APAC region accounted for the largest share of Industrial Robotics market in 2016 and will remain at its position over the end of the projected period, growing at the highest CAGR. This rapid growth is attributed to booming demand for industrial robotics from growing end-use industries in the region. Increasing manufacturing activities in economies such as China and India coupled with favorable government initiatives will further propel the market growth in the coming years.
- Yamaha Motor Company
- Fanuc Robotics Company
- Kawasaki Robotics
- Mitsubishi Electric Corporation
- Yaskawa Electric Corporation
- Adept Technology
- Gudel AG
- Panasonic Corporation
- Universal Robotics
- Nachi Robotic Systems, Inc.
- Denso Corporation
- Epson, Inc.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Industrial Robotics Market Forecast by Type (US$ Billion)
6. Industrial Robotics Market Forecast by Component (US$ Billion)
7. Industrial Robotics Market Forecast by End-User Industry (US$ Billion)
8. Industrial Robotics Market Forecast by Geography (US$ Billion)
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/n2fqzm/industrial