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Global Industrial Robotics Market Set for Rapid Growth, To Reach Aroun
Global Industrial Robotics Market Set for Rapid Growth, To Reach Aroun
Zion Research has published a new report titled “Industrial Robotics Market By Function (Materials Handling, Milling, Cutting & Processing, Soldering & Welding, Painting & Dispensing, Assembling & Disassembling and Others), By Type (Cartesian, Articulated, Cylindrical, SCARA and Others), for Electrical & Electronics, Automotive, Machinery, Chemical, Rubber & Plastics, Food & Beverages, Metals, Precision & Optics and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, global demand for industrial robotics was valued at USD 30.0 billion in 2014, and is expected to reach USD 42.0 billion in 2020, growing at a CAGR of 6.0% between 2015 and 2020.

Industrial robots are fully automatic dynamic machines used in various industries such as drilling, material handling, wielding, and molding among others. These machines are multipurpose and programmed to control various huge and complex tasks. These machines are reprogramm