Published on : Dec 06, 2017
ALBANY, New York, December 06, 2017: ResearchMoz.us has featured a new report, titled “Global Fiberglass Cutting Robots Market 2017-2021,” to its expanding repository of research reports. The report is a professional effort that analyzes the various growth trends and technological advancements for a know-how of developments in the global fiberglass cutting robots market between 2017 and 2021. The report studies the global fiberglass cutting robots market across the geographical regions of the Americas, EMEA, and APAC. Each region is examined with respect to market size and revenue contributions in the past to present projections for these parameters over the forecast period.
According to the report, the global fiberglass cutting robots market is likely to expand at a CAGR of 10.56% for the forecast period between 2017 and 2021.
The report studies the competitive landscape of the global fiberglass cutting robots market as well. It mentions and profiles the leading players for their distinguishing business attributes. ABB, Kawasaki Heavy Industries, Yaskawa Motoman, FANUC, and KUKA are the prominent names in the global fiberglass cutting robots market. Some other prominent vendors in this market are ARCOS, Dynamic Robotic Solutions, RobotWorx, ATI Industrial Automation, Genesis Systems, and Romheld Automation.
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The report elucidates the various factors that are driving the global fiberglass cutting robots market. First and foremost, growing usage of fiberglass in automotive is positively impacting the growth of this industry. The use of robot cutting systems enables cutting of fiberglass parts for cars with pinpoint precision as well as with the required smoothness.
The use of fiberglass cutting robots has the advantage of negligible downtime as these robots can function 24 hours a day, 365 days a year unlike human labor that needs days off, breaks, or vacation. Along with this, fiberglass cutting robots can also help with the cutting glass for buildings or automobiles, polishing of finished pieces, and deburring of glass, fiberglass, and other building products. The endless application possibilities of fiberglass cutting robots present endless savings to manufacturers of automotive.
The growing competitive pressure to increase productivity and lower production cycle time in the manufacturing sector are leading to the implementation of fiberglass cutting robots. The adoption of these robots reduces chances of error and reduces wastage in comparison to traditional machines. The ability of fiberglass cutting robots to provide consistent results in shorter periods of time and to provide satisfactory outcomes more than what is offered by the most skilled human worker is driving their adoption.
On the flip side, complex technology involved in fiberglass cutting robots leading to operational difficulties is posing a challenge to the growth of fiberglass cutting robots market. Nevertheless, rising demand for smart factory is expected to provide ample opportunities to the growth of the fiberglass cutting robots market.
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