DUBLIN--(BUSINESS WIRE)--The "Heavy Payload Robotic Arm Market by Payload Capacity, End-user Industry - Global Opportunity Analysis and Industry Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.
The heavy payload robotic arm market is expected to reach $13,620.96 million by 2025 from $9,740.57 million in 2017, growing at a CAGR of 4.39% during the forecast period (2018-2025).
The rise in adoption of efficient automated solutions across industrial assembly line is one of the major factor driving the growth of the heavy payload robotic arm market during the forecast period.
In addition, the improvements in the manufacturing and production capabilities of fast-growing economies of the Asian region, such as China and India are expected to provide profitable business opportunities for the market players.
Factors such as increase in demand from end-user industries, emphasis on improving the operational efficiency, and reduction of cost is projected to fuel the robotic arms demand for heavy duty applications in the emerging markets.
Moreover, high cost of labor and maintenance of the existing robotic arm in the developed economies is anticipated to propel the growth of heavy payload robotic arm market in the coming years.
Continuous investment as well as support for numerous R&D activities can provide potentially profitable business opportunities for the market players.
However, the high cost initial investment towards robotic arm and subsequent maintenance are expected to hinder the growth of heavy payload robotic arm market.
In addition, the lack of skilled operators, and technicians especially in the emerging economies is also projected to have a negative influence on the market growth.
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Heavy Payload Robotic Arm Market, by Payload Capacity
Chapter 5: Heavy Payload Robotic Arm Market, by End-User Industry
Chapter 6: Heavy Payload Robotic Arm Market, by Region
Chapter 7: Company Profiles
- ABB Ltd.
- Apex Automation & Robotics Pty Ltd.
- Ellison Technologies Inc.
- Fanuc Corporation
- Fiat Chrysler Automobiles N.V. (Comau S.p.A.)
- Kawasaki Heavy Industries Limited (Kawasaki Robotics)
- Kuka Robotics
- Nachi Fujikoshi Corporation
- Seiko Epson Corporation
- Universal Robots A/S
- Vulcan Engineering Co. Inc.
- Yaskawa Electric Corporation (Yaskawa America Inc.)
For more information about this report visit https://www.researchandmarkets.com/research/hjgvcw/global_13_62bn?w=4
