|By Business Wire||
|April 16, 2014 07:26 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/5c622c/global_industrial) has announced the addition of the "Global Industrial Robotics Market 2014-2018" report to their offering.
Industrial robotics is a technology used to automate a variety of manufacturing processes in different industries such as Automotive, Food and Beverage, and Electronics. Industrial robots are programmed to automate and control manufacturing processes. These robots help in the automation of processes such as welding, painting, assembly, product inspection, testing, and packaging.
The Global Industrial Robotics Market will grow at a CAGR of 6.42 percent over the period 2013-2018.
Vendors are developing next-generation robotics systems that can help manufacturing companies sustain their position in the competitive business environment. Vendors are using artificial intelligence to develop independent robotics systems to individually perform a wide range of tasks separately. Independent robotics systems can help manufacturing companies improve the efficiency of the production process by reducing production errors. Thus, customers also prefer these independent robotics systems that vendors are now developing.
According to the report, industrial robotics aids companies in reducing the cost due to product failure and product wastage. An increase in the outsourcing of manufacturing activities to low-cost countries, especially in the APAC region, is a major driver.
Further, the report states that a continuous decline in the average selling price of industrial robotics is one of the major challenges. Vendors are being forced to reduce prices to attract cost-driven companies and gain or retain the market share in this highly competitive market.
- ABB Ltd.
- Fanuc Corp.
- Yaskawa Electric Corp.
Other Prominent Vendors
- Adept Technology Inc.
- Apex Automation and Robotics
- Aurotek Corp.
- Axium Inc.
- Daihen Corp.
- Denso wave Inc.
- Ellison Technologies Inc.
- Kawasaki Robotics Inc.
- Kuka AG
- Mitsubishi Electric Corp.
- Nachi Fujikoshi Corp.
- Pari Robotics
- Reis Robotics
- Rockwell Automation Inc.
- Schunk GmbH
- Staubli International AG
- TM Robotics
- Yamaha Robotics
Key Market Drivers/Challenges/Trends
- Need to Reduce Time-to-market.
- High Initial Investment.
Increase in Adoption of Customized Systems.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Global Robot Systems Market by Segmentation
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/5c622c/global_industrial
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