Published on : Mar 14, 2016
ALBANY, New York, March 14, 2016: ResearchMoz.us has recently announced the addition a new research report on the global market for industrial robots to its repository of market studies. The research report, titled “Industrial Robots: Technology, Business Opportunity and Brand Strength Analysis,” offers a comprehensive analysis of the performance as well as the current status of the worldwide industrial robots market.
According to the research report, the increasing demand for automation is fueling the demand for industrial robots in the global arena. The decline in labor cost, owing to the increased automation in various industries such as construction, electronics, and automotive, is boosting the demand for industrial robots in SMEs significantly.
On the other hand, the declining production in the worldwide industrial sector is likely to restrict the growth of the global industrial robots market in the coming years. However, the strategic development of this market in emerging economies is projected to offer lucrative opportunities to market participants, states the research report.
The study analyzes the global market for industrial robots on the basis of product type, function, and end-use industries. By types, the market is segmented into the articulated, cylindrical, Cartesian, and SCARA robots. The articulated robots segment leads the global market and is followed by the Cartesian robots segment.
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Based on function, the market is categorized into cutting and processing robots, materials handling robots, milling, assembling and disassembling robots, soldering and welding robots, and painting and dispensing robots. Among these, the material handling robots segment has been dominating the overall market.
The metals, electrical and electronics, precision and optics, automotive, rubber and plastics, chemical, machinery, and food and beverages sectors are the key end users of industrial robots, states the research report. The automotive sector has registered the highest demand for industrial robots across the world. However, the decrease in the industrial production is negatively impacting the demand for industrial robots from this sector.
The market report offers an analysis of 3,794 patents in industrial robots market at length. It also presents a holistic overview of the competitive landscape prevalent in the global industrial robots market by evaluating the profiles of top 20 assignees and their relative research and development intensity rankings. As per the research study, FANUC, ITRI, KUKA, Yaskawa, Siemens, Foxconn, Sony, and NTUST are the leading players in the worldwide industrial robots market.
Seiko Epson, Precision, USPTO, Contrel Technology, KUKA, Preactor, Foxlink, GE FANUC, NTHU, SICK AG, Advantech-LNC Technology, Toshiba, ABB, Panasonic, Denso, Shihlin Electric, Delta, Hong Fu Jin, Mitsubishi, Honda, Tongyou Electronic, Midea, Vistagy, AMP Aerosense, Samsung, Staubli, and Kawasaki are the other prominent international industrial robots manufacturers, mentioned in this market study.
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