Monday, 15 February 2016

Global Industrial Robotics Market in the Automotive Industry to grow at a CAGR of 6.35% during the period 2016 - 2020; Finds New Report

Global Industrial Robotics Market in Automotive Industry 2016 - 2020

Report forecast the global industrial robotics market in the automotive industry to grow at a CAGR of 6.35% during the period 2016-2020.

Industrial robots were first adopted in the automotive industry in 1960 by GM and were called Unimate. These robots could weld and handle huge payloads. Wider adoption of robots started in 1980 in response to a need to automate applications such as welding, painting, and assembling in the automotive industry. Although robots were expensive, companies were encouraged to use them more frequently in automation processes because of the faster ROI and cost-effectiveness over the long run.

The report covers the present scenario and the growth prospects of the global industrial robotics market in the automotive industry for 2016-2020. The report consists of the following major segmentation.

The market is divided into the following segments based on application:
  • Material handling robots
  • Assembly line robots
  • Industrial welding robots
  • Paint robots

According to the report, certain essential processes such as painting and welding in the automotive industry involve operating in harsh work environments that involve high risks of industrial accidents. Therefore, auto majors are making use of industrial robots to ensure personal safety and reduce industrial accidents.

Further, the report states that general misconceptions about robots replacing human workers and the prospect of conflict with strong employee unions that fear retrenchment are major deterrents in the market.

Global Industrial Robotics Market in Automotive Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Industrial Robotics Market in Automotive Industry: ABB, Fanuc, KUKA and Yaskawa

Other Prominent Vendors in the market are: Adept Technology, Apex Automation and Robotics, Denso Robotics, EpsonRobotics, Kawasaki Robotics, Mitsubishi Electric, Nachi Robotic Systems, Rethink Robotics, TM Robotics, and Universal Robots.

Market driver
  • Safe and secure work environment
  • For a full, detailed list, view our report

Market challenge
  • Misconception about industrial robots
  • For a full, detailed list, view our report

Market trend
  • Development of collaborative robots
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this 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 key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 51 pages and 22 Exhibit Global Industrial Robotics Market in Automotive Industry 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation  by application, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://mrr.cm/o9z

Find all Robotics report at : http://www.marketresearchreports.com/robotics

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