Industrial Robotics Market Technology, Trends, Development, Analysis and Forecast to 2025
ReportsWeb.com added “Industrial Robotics Market - Global Trends, 2018 Analysis and 2025 Forecasts” report to its research database. This Report is spread across 150 Pages and Supported by 10 Company Leaders.
(EMAILWIRE.COM, June 07, 2018 ) Industrial Robotics market is expected to grow US$ 48,166.9 million by 2025 from US$ 16,847.6 million in 2017. The sales of industrial robotics is largely influenced by numerous factors. On the basis of types, articulated robots are dominating the global industrial robotics market owing to their varied applications in different industries including automotive. Further, collaborative robots are experiencing the highest CAGR attributed to their high adaptability and low-cost as well as plug and play system type, resulting in high adoption of these robots by SMEs.
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Rise in the aging population worldwide which is leading to labor shortage is one of the major factors driving the growth of industrial robotics market. Certain countries such as Japan & Italy are in the list of top two countries of aging population proportion as a huge proportion of their population is above 65 years. Further, increasing demand for accuracy and fast production is influencing the growth trends of the market.
Japan’s population comprises of the largest number old citizens worldwide, in 2014, around 25.8% of the country’s population was aged 65 years or older, which increased to 26.3% in 2015, and is anticipated to nearly increase to one-third of Japan’s population by 2030. The rise in aging population has created a labor shortage problem globally thus, demanding a rise in penetration of industrial automation and robotics
High capital investment required for initial deployment of industrial robots may arise as a restraining factor in the market, which is limiting the adoption of industrial robots, particularly by SMEs. SMEs find the labor inexpensive than the deployment of industrial robots, especially in the developing countries. Therefore, this factor is one of the major factor that would restrict the market growth.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global industrial robotics market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the industrial robotics industry.
Global Industrial Robotics Market Players:
ABB Ltd.
Kawasaki Heavy Industries, Ltd.
Yaskawa Electric Corporation
Fanuc Corporation
Kuka AG
Mitsubishi Electric Corporation
Denso Corporation
Nachi-Fujikoshi Corp.
Comau S.P.A.
Universal Robots A/S
Complete Report is Available at http://www.reportsweb.com/industrial-robotics-market
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Rise in the aging population worldwide which is leading to labor shortage is one of the major factors driving the growth of industrial robotics market. Certain countries such as Japan & Italy are in the list of top two countries of aging population proportion as a huge proportion of their population is above 65 years. Further, increasing demand for accuracy and fast production is influencing the growth trends of the market.
Japan’s population comprises of the largest number old citizens worldwide, in 2014, around 25.8% of the country’s population was aged 65 years or older, which increased to 26.3% in 2015, and is anticipated to nearly increase to one-third of Japan’s population by 2030. The rise in aging population has created a labor shortage problem globally thus, demanding a rise in penetration of industrial automation and robotics
High capital investment required for initial deployment of industrial robots may arise as a restraining factor in the market, which is limiting the adoption of industrial robots, particularly by SMEs. SMEs find the labor inexpensive than the deployment of industrial robots, especially in the developing countries. Therefore, this factor is one of the major factor that would restrict the market growth.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global industrial robotics market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the industrial robotics industry.
Global Industrial Robotics Market Players:
ABB Ltd.
Kawasaki Heavy Industries, Ltd.
Yaskawa Electric Corporation
Fanuc Corporation
Kuka AG
Mitsubishi Electric Corporation
Denso Corporation
Nachi-Fujikoshi Corp.
Comau S.P.A.
Universal Robots A/S
Complete Report is Available at http://www.reportsweb.com/industrial-robotics-market
About ReportsWeb:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results