The research analyst predicts the global assembly
line robots market to grow steadily at a CAGR of 7% during the forecast period.
The need for flexibility in plant operations is one of the primary drivers of
the market. As most industries now serve their customers 24/7, employees are
required to work round the clock. The adoption of robots has reduced the
employee workload drastically. Monotonous jobs such as assembling are now
carried out by robots in the production line with high productivity and consistent
quality. With the use of robots, employees can focus more on supervising and
decision-making roles. The use of collaborative robots has helped the
automotive industry to a great extent. For example, BMW introduced
collaborative robots in its human production lines in September 2013.
The small and medium enterprises (SMEs) that include
contract manufacturers of auto components and machine tools are reluctant in
making heavy investments on robots, but this trend is witnessing a change owing
to the challenges they face in handling manual labor. This has led them to
increasingly adopt collaborative robots that are easy and safe to operate on
the assembly lines. For instance, Rethink robots offer robotics solutions for
small industries starting at $25,000.
End-user
segmentation and analysis of the global assembly line robots market
- Automotive
- Non-automotive
The automotive segment accounted for nearly half of
the assembly line robots market demand owing to their increased application in
assembling heavy components like chassis, powertrain, and so on. All major
companies such as BMW, Ford, and GM have adopted assembly line robots in their
production lines to enhance and improve their production efficiency and to
maintain consistent quality of their finished products.
Geographical segmentation and analysis of the global
assembly line robots market
- Americas
- APAC
- EMEA
APAC accounted for nearly 62% of the overall assembly
line robots market in 2015 but the fastest growth is expected to be seen from
EMEA during the forecast period. This rapid growth in EMEA can be attributed to
the monetary stimulus package announced by the European Central Bank and
investments that are planned by the automotive majors in the region.
Competitive
landscape and key vendors
The assembly line robots market is facing stiff
competition due to innovations in products and marketing strategies. Also, all
major vendors are focusing on providing complete industrial robotic solutions.
They are developing innovative technologies to provide better support services
and superior quality robots enabled with IoT services. Publisher€™s analysts
expect the competitive environment in this market to intensify further with an
increase in R&D investments and M&A during the forecast period.
The leading
vendors in the market are -
- ABB
- Fanuc
- KUKA
- Yaskawa
Other prominent vendors in the market include Apex
Automation and Robotics, Denso Robotics, Epson Robotics, Kawasaki Robotics,
Mitsubishi Electric, Nachi Robotic Systems, Rethink Robotics, TM Robotics, and
Universal Robots.
Key questions
answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global assembly line robots market?
- What are the key market trends impacting the growth of the global assembly line robots market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global assembly line robots market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global assembly line robots market?
Spanning over 54 pages “Global Assembly-Line Robots Market 2016 - 2020” report
covers Executive summary, Scope of the report, Market research methodology,
Introduction, Market landscape, Market segmentation by end-user, Geographical
segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers
and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
Find more information Visit at: http://mrr.cm/oD8
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report at: http://www.marketresearchreports.com/robotics
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