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Follow on Google News | Global Industrial Robotics Market Estimated to be worth over $15 billion by 202419Columns announces the availability of its latest market analysis on – “The Global Industrial Robotics Market 2015-2024 - Complete Market Research Study”, containing over 150 market data figures and info graphics.
By: 19Columns Automotive and Electronics industries account for the largest chunk of the market, while more recent applications non-manufacturing applications like Agriculture and Construction are expected to show high growth in the next 5 years. With the increased awareness about industrial robotics and widening product portfolios, small and medium enterprises are a major revenue opportunity for future growth. Also, “Reduction in robot capital costs has spurred sales of industrial robotics to SMEs in new application areas like wind turbine manufacturing, construction crop cultivation and so on,” says the Senior Research Analyst at 19Columns. The recently published report also identified human robot collaboration as a key trend for the next five to seven years. A number of companies are working on offering collaborative robotic products, where robots and humans can work together. ABB, KUKA and Kawasaki are a few companies that already have co-bot products on the market. Such products are expected to witness growth in the future, as they open up a number of possibilities. The market analysis has also identified other major factors influencing the market ecosystem and growth. According to 19Columns, multi-sensor fusion, machine vision, cognitive and learning systems are a few trends to watch for. The report covers the industrial robotics market across segments as shown below: Applications: Usage: Material handling operations, Welding & Soldering operations, Dispensing, Processing operations and Assembly and Disassembly, clean room operations in the semiconductor industry and others Type: Articulated Robots, Cartesian Robots, Cylindrical robots SCARA robots and others Geography: U.S., Canada, Mexico, U.K., France, Switzerland, Brazil, India, China, Japan, South Korea, Indonesia, Taiwan, Malaysia, Germany, Italy, Spain, Slovakia, South Africa In addition to market data on these segments, this report strategically analyses the macro and micro factors affecting the entire industry value chain. Start-up scenario, Value chain analysis, techno-economic analysis, analyst insights for the future, and so on are discussed in detail inside the report. About 19Columns: 19Columns was born out of the need for a passion-driven enterprise in today’s market research industry. At 19Columns, we provide market research services; syndicate research, custom research and subscription services. We publish sysndicate reports for markets across major industries like, Automation, Automotive, Semiconductor & Electronics, Healthcare, Chemicals and Materials, Sensors & Control, Information and communication technology, and Food & Beverages. Visit us at http://www.19columns.com OR Contact: Phone: +1 484-841-1177 Email: info@19Columns.com End
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