Global Industrial Robotics Market in the Heavy Industry to grow at a CAGR of 6.19% during the period 2016 - 2020; Finds New Report

Report forecast the global industrial robotics market in the heavy industry to grow at a CAGR of 6.19% during the period 2016-2020.

Industrial robotics refers to the use of robots in the manufacturing and assembly processes in the automotive, heavy industries, and electronics industries. Industrial robots are programmed to automate and control manufacturing processes such as welding, painting, assembly, product inspection, testing, and packaging.

There are several types of industrial robots, such as articulated robots, Cartesian robots, SCARA robots, and cylindrical robots. These robots are used in the heavy machinery industry for different purposes, including welding and soldering, handling of materials and processing, assembling and disassembling, dispensing and painting, cutting, milling, and other processes.

The report covers the present scenario and the growth prospects of the global industrial robotics market in heavy industries for 2016-2020. The global robotics market is classified into industrial robots and service robots. This report considers revenue generated from the heavy industries segment.

The market is divided into the following segments based on geography:

• APAC
• Americas
• EMEA

According to the report, industrial robots help manufacturing companies reduce operational costs. Many manufacturing companies, especially in the US outsourced their production and components to low-cost manufacturing countries (because of low manual labor costs). However, rising labor costs have pushed these companies to change their strategy.

Further, the report states that robotics vendors typically take long lead-times to fulfill small-sized orders, and this deters companies from investing in robotics. Small-sized orders arise from customers that have limited cash flows, and this is a challenge for the market.

Global Industrial Robotics Market in Heavy Industries 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 Heavy Industries: ABB, Fanuc, KUKA and Yaskawa.

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

Market driver

• Need to reduce costs
• For a full, detailed list, view our report

Market challenge

• Reluctance of SMEs to invest in robotics
• For a full, detailed list, view our report

Market trend

• Move to automation
• 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 46 pages and 18 Exhibit “Global Industrial Robotics Market in Heavy Industries 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 end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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