DUBLIN--(BUSINESS WIRE)--The "Global Industrial Robotics Market - By Type, Component, Function, Industry, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.
The global industrial robotics market was 35.67 billion USD in 2016 and is forecasted to reach 55 billion USD by 2022 at a CAGR of 7.75% for the period.
The industrial robotics market is dominated by countries including Japan,U.S., Germany, South Korea and China. As per the International Federation of Robotics' (IFR) statistics, Japan is the dominating the market in the world followed by China. Asia Pacific industrial robotics market accounted for over 50% of the global revenue. China is likely to be the leading demand generator for the industrial robots in the next five years
The market for industrial robots is growing due to the increasing demand of high quality work, rising wages, increased production, and automation of the production lines. Earlier, the usage of robots were bounded in performing a variety of repetitive tasks but as of now the robots are also being used in many industries such as warehouses, hospitals, food industry, electric vehicles, photovoltaic, laboratories, pharmacy industry and many more which is regularly driving the demand for advanced robots.
Companies Mentioned
- ABB Ltd.
- Kawasaki Heavy Industries Ltd.
- Yaskawa Electric Corp.
- Fanuc Corp
- KUKA AG
- Mitsubishi Electric Corp
- Adept Technology, Inc.
- Denso Wave Inc.
- Rockwell Automation, Inc.
- Nachi-Fujikoshi Corp
- iRobot
- Intuitive Surgical
- Yamaha Corporation
- Epson Robotics
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global industrial robotics market Segmentation, Forecasts and Trends - By Revenue
6. By Type
7. By Component
8. By Function
9. By Industry
10. By Region
11. Vendor Market Share Analysis
12. Company Profiles
13. Industry Structure
14. Global Industrial Robotics market - Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/l5g4tv/global_industrial