Global Industrial Robotics Market Trends, Size, Forecast - 2019-2025
The global industrial robotics market is estimated to grow at a CAGR of around 10% during the forecast period. Industrial robots assist in the manufacturing units and perform various industrial procedures such as assembling, processing, welding, labeling, packaging, and many others. There is an increasing demand for industrial robots owing to the increasing adoption of smart factory systems, in which industrial robots play an important role.
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The growing demand for reducing the operational costs in the manufacturing plants is one of the key factors driving the growth of the global industrial robotics market. The decrease in functional cost can be achieved by eliminating raw material wastage, errors in the production workflow, and improvement in operational flexibility. The adoption of robotic solutions in the automotive industry will provide efficient ways to eliminate these operational costs, which in turn will foster the profitability of the OEMs. Thus, providing growth opportunities to the market.
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Global Industrial Robotics Market Segmentation
By Type
Traditional Robots
Articulated Robots
Delta Robots
SCARA Robots
Others
Collaborative Robots
By END-USER Industry
Automotive
Chemical, Rubber and Plastics
Metal & Heavy Machinery
Electrical &Electronics
Food &Beverages
Others
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
ABB Ltd.
American Robot Corp.
ARC Specialties Inc.
AUBO Robotics Inc.
Bosch Rexroth AG, aBosch Company
Comau S.p.A
DENSO Robotics
Empire Robotics, Inc.
Energid Technologies Corp.
EPSON Robots, a company of Seiko Epson Corp.
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