Industrial Robotics Market Share, Growth, Trends & Forecast Report 2019-2027

GLOBAL INDUSTRIAL ROBOTICS MARKET FORECAST 2018-2026

• The Global Industrial Robotics market is anticipated to grow at a CAGR of 9.52% for the forecast period of 2018-2026. • The key drivers responsible for this growth include the growing demand for industrial robots from numerous end user sectors, lack of skilled labour, growing government support, and the expensive labour and energy costs.

• The global industrial robotics market segmentation is done on the basis of the industrial robot type and its end user sectors. • The robot type can be further classified into cartesian robots, articulated robots, cylindrical robots, SCARA robots, and other types (Delta & Polar Robots). • The end-user sector for the market includes electronic & electric sector, automotive sector, plastic & rubber sector, machinery products & metal sector, and the food & beverage sector.

“Global Industrial Robotics market was valued at XX billion in 2017 & is expected to grow at 9.52% CAGR over the forecast period of 2018-2026.�

North America’s industrial robotics market is projected to progress at a CAGR of 8.39% over the forecast period of 2018-2026.

European industrial robotics market is growing at a projected CAGR of 6.85% for the forecast period of 2018-2026.

Industrial Robotics market in the Asia Pacific is expected to continue its dominance throughout the forecast period of 2018-2026 by exhibiting a CAGR of 10.86%.

Partnership, merger & acquisition, agreements, contracts, and new product launch are some of the key strategies adopted by the

global players to have the upper hand over each other. The wellknown global players in the market include ABB Ltd, Adept Technology Inc, Apex Automation & Robotics, Aurotek Corporation, Epson Robots, FANUC Corporation, Kawasaki

Robotics Inc, Kuka AG, Mitsubishi Electric Corporation, Nachi Fujikoshi Corporation, Rockwell Automation, Schunk GMBH, Staubli International AG, Yamaha Robotics and Yaskawa Electric Corporation.