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(Transportation-News.com, April 21, 2018 ) Global industrial robotics market is expected to grow from US$ 16,847.6 million in 2017 to US$ 48,166.9 million by 2025 at a CAGR of 14.2% between 2018 and 2025.
The market for industrial robotics is at its growing phase in certain countries and at infant stage in some developing countries. The market is further expected to flourish with increasing government support for automation in industries including, industrial robotics across the globe. One of the key factor propelling the market growth for industrial robotics is constantly aging population of several countries worldwide resulting in increasing labor costs. As per WHO, approximately 2 Bn people globally are anticipated to be more than 60 years old by 2050, which is over triple of what it was in 2000. Diminishing fertility rates and longer lifespans are the major factors contributing to this growth. Further, increasing support from governments is also bolstering the growth of the market. For instance, Chinese government announced a five-year ‘Robotics Industry Development Plan’ for the expansion of China’s industrial robotics sector. The government is offering considerable subsidies and tax breaks for industrial automation.
The report focuses on an in-depth segmentation of this market based by types, function and industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By industry segment, automotive sector accounted for the largest share of the industrial robotics market in 2017; whereas APAC region is expected to grow at the highest CAGR during the forecast period.
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Leading Key Players: ABB Ltd., Kawasaki Heavy Industries, Ltd., Yaskawa Electric Corporation, Fanuc Corporation, Kuka AG, Mitsubishi Electric Corporation, Denso Corporation, Comau SpA, Nachi-Fujikoshi Corp. and Universal Robots A/S among others.
The report aims to provide an overview of global industrial robotics market with detailed market segmentation. Also, it analyzes the current industrial robotics market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies and SWOT analysis. The report also provides detailed PEST analysis for the major geographic regions such as North America, Europe, Asia-Pacific, Middle East & Africa and South America.
APAC is one of the prominent regions in industrial robotics market which is contributing highest revenue globally due to rapidly growing manufacturing sector of the region and increasing competition demanding for better productivity and efficiency. Rapidly growing economies in Asia-Pacific (APAC) with significant growth manufacturing will pave the path for increasing adoption and propel the market for industrial robotics.
Complete Report is Available @ http://www.theinsightpartners.com/reports/industrial-robotics-market
Table of Content
1 Table of Contents 2
2 Introduction 18
3 Key Takeaways 28
4 Industrial Robotics Market Landscape 31
5 Global Industrial Robotics Market – Key Industry Dynamics 48
6 Industrial Robotics Market – Global 59
7 Global Industrial Robotics Market Analysis – By Types 61
8 Global Industrial Robotics Market Analysis – By Industry 72
9 Global Industrial Robotics Market Analysis – By Function 87
10 Global Industrial Robotics Market – Geographical Analysis 96
11 Industry Landscape 160
12 Competitive Landscape 166
13 Key Company Profiles 167
14 Appendix 192
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The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
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