Published on : May 31, 2016
ALBANY, New York, May 31, 2016: The latest report to join this repository is titled “Global Industrial Robotics Market in Rubber and Plastic Industry 2016-2020.” It is a detailed and professional analysis of the factors that influence the supply and demand of industrial robotics in the industries of rubber and plastic.
There are a large number of processes in the rubber and plastic industries such as painting, dispensing, cutting, pressing, stamping, and molding that could be performed with the help of efficient industrial robotics. Some of these environments can also be hostile for human laborers, in which case industrial robotics can play a vital role in ramping up the manufacturing rates of a company.
According to the report, the global industrial robotics market in the rubber and plastic industry is being driven by a number of factors, the primary one being the rapid increase in demand for plastics across the world. This market is expected to expand at a CAGR of 18.1% within a forecast period from 2016 to 2020.
However, there are still restraints on the global industrial robotics market in the rubber and plastic industry and its overall growth rate. The major restraint discussed in this report is the need for substantial investments as well as high early costs of installation.
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There is a growing focus on robotics and a major improvement in the benefits that industrial robotics can offer in terms of product quality and production rates. As a result, even greater research and developments efforts are being undertaken to use robotics on a higher scale. This higher investment and focus is expected to be a major trend in the global industrial robotics market in the rubber and plastic industry over the coming years.
The report has formulated this growth rate as well as the size of the global industrial robotics market in the rubber and plastic industry by taking into consideration several factors, most important one being the revenue streams generated by market players in terms of services and sales of industrial robotics. This includes the application segments of articulated robotics, Cartesian robotics, and other fields.
The regional aspects of the global industrial robotics market in the rubber and plastic industry are explained in a segmented manner by dividing the global market into three major regions of EMEA, APAC, and the Americas.
The report provides a descriptive analysis of the competitive landscape in the global industrial robotics market in the rubber and plastic industry. For this, it provides a high level of details on the key players in the market, such as Mitsubishi Electric, KUKA, Kawasaki, FANUC, and ABB. The report also highlights other prominent players in the market, including Yamaha Robotics, TM Robotics, Staubli Robotics, Pari Technology, Nachi Fujikoshi, Epson Robotics, Denso Robotics, Axium, Apex Automation and Robotics, and Adept Technology.
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