|By Business Wire||
|August 15, 2013 02:06 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/lk6rvx/industrial) has announced the addition of the "Industrial Robotics Market in China 2012-2016" report to their offering.
One of the key factors contributing to this market growth is the need for increased productivity in the manufacturing process. The Industrial Robotics market in China has also been witnessing the emergence of next-generation industrial robots. However, the continuous decline in vendors' profit margin could pose a challenge to the growth of this market.
The key vendors dominating this space include ABB Ltd., Denso Wave Inc., Fanuc Corp., KUKA AG, Seiko Epson Corp., Toshiba Machine Co. Ltd., and Yaskawa Electric Corp.
The other vendors mentioned in this report are iRobot Corp., Kawasaki Robotics Inc., Omron Corp., RoboGroup TEK Ltd., Rockwell Automation Inc., Siasun Robot & Automation Co. Ltd., ST Robotics, STAUBLI Corp., Yamaha Robotics, and Mitsubishi Electric Automation Inc.
Commenting on the report, an analyst from the team said: One of the main trends witnessed in the Industrial Robotics market in China is the need for multipurpose robotic systems. Various end-users are looking for robotic systems that can perform numerous tasks efficiently. The multipurpose robots should be able to perform several functions such as assembly, dispensing, machine tending, material handling, material removing, and packaging. End-users are also investing in industrial robots that can perform inspection activities such as error proofing during the assembly process. The use of multipurpose robots will in turn reduce the total cost of ownership and enhance the productivity of manufacturers.
According to the report, one of the main factors driving the market is the need to reduce total cost of ownership. Robots help manufacturing companies develop and manufacture accurate and reliable products without defects. They also help companies reduce product failure costs and product wastage.
For more information visit http://www.researchandmarkets.com/research/lk6rvx/industrial
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