LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global robotics system integration market since 2016 and the market is poised to grow by USD 2.94 billion during 2020-2024, progressing at a CAGR of more than 10% during the forecast period. Request free sample pages
Read the 120-page report with TOC on “Robotics System Integration Market Analysis Report by Application (Material handling, Welding and soldering, Assembly line, and Others), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024”.
The market is driven by the increasing adoption of automation and robotics. In addition, the rising demand for application-specific industrial robots is anticipated to boost the growth of the robotics system integration market.
Manufacturing firms are increasingly adopting technologies such as automation and robotics to optimize production processes and to reduce the reliance on heavy machinery and manual labor. The penetration of such technologies is gaining traction across end-user industries such as automotive, F&B, and electrical and electronics. This has created a surge in the demand for industrial robots, which is fueling the growth of the global robotics system integration market.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Major Five Robotics System Integration Market Companies:
ABB Ltd. operates its business through segments such as Electrification Products, Robotics and Motion, and Industrial Automation. The company offers a wide range of robotic system integration solutions for utility and industry customers.
Dynamic Automation operates its business through the Automation technologies segment. The company offers robot integration services to FANUC Robotics. Some of the key offerings include assembly, vision guided tasks, material handling, product sorting, and packaging machine loading.
Geku Automation operates its business through a unified services segment. The company provides integration services for various types of robots based on the application and the industry.
Genesis Systems Group
Genesis Systems Group operates its business through the Robotic Integration and services segment. The company offers custom robotic integration solutions and other pre-engineered services such as robotic welding and quality inspection.
KUKA AG operates its business through segments such as Robotics, Systems, and Swisslog. The company partners with several system integrators to provide assembly solutions for its robot systems.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio has segmented the robotics system integration market based on the application and region.
Robotics System Integration Application Outlook (Revenue, USD Billion, 2020 - 2024)
- Material handling
- Welding and soldering
- Assembly line
Robotics System Integration Regional Outlook (Revenue, USD Billion, 2020 - 2024)
- North America
- South America
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Related Reports on Industrials are:
Global Industrial Robotics Services Market – Global industrial robotics services market by application (material handling; welding and soldering; assembly line; and others), service (engineering and consulting; installation and commissioning; robot programming; maintenance and repair; and training), and geography (APAC, Europe, MEA, North America, and South America).
Global Automatic Optical Inspection Market – Global automatic optical inspection market by type (2D AOI systems and 3D AOI systems) and geography (APAC, Europe, MEA, North America, and South America).
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org