Global Industrial Robotics Market worth $32.8 Billion by 2017 According to the market research report “Industrial Robotics Market - Global Forecast & Analysis by Applications, Functions, Product & Geography (2012 - 2017)” published by MarketsandMarkets (www.marketsandmarkets.com), the total industrial robotics market is expected to reach $32.8 billion by 2017 at a CAGR of 5.0% from 2012 to 2017. Browse 115 tables and in-depth TOC on “Industrial Robotics Market - Global Forecast & Analysis by Applications, Functions, Product & Geography (2012 - 2017)”.
http://www.marketsandmarkets.com/Market-Reports/Industrial-Robotics-Market-643.html Early buyers will receive 10% customization on reports. The industrial robotics market has fully recovered from recession with phenomenal growth in recent times. The market is expected to grow at a relatively slower pace in the next five years; driven by factors like growing non-automotive applications of industrial robotics, increasing use of industrial robots in emerging countries, and benefits like increased productivity and reduction in manufacturing costs, cherished from the use of industrial robots. The market segmentation revolves around the four major market parameters; namely products, applications, functions, and geography. The product market segments the industrial robotics according to the various robots such as articulated, cartesian or gantry, SCARA, cylindrical, and the other robots; whereas application market has been segmented by industries such as automobile, automotive, electrical & electronics, chemical, rubber & plastics, heavy machinery, metals, food & beverage, precision & optics, and the others. The report analyzes the industrial robotics application market, both qualitatively and quantitatively, giving in-depth insights about each application with respect to functions as well. The market of industrial robotics research report aims to capture the market roadmap with market sizes, revenue forecasts, value chain, competitive landscape, leading players and their key developments, strategies, and profiles. The market is split into five regions; namely Americas, Europe, Japan, APAC, and ROW for the geographic analysis of the market. George Devol applied for the first robotics patents in 1954 (granted in 1961). The first company to produce a robot was Unimation, founded by Devol and Joseph F. Engelberger in 1956, and was based on Devol's original patents. Unimation robots were also called programmable transfer machines since their main use at first was to transfer objects from one point to another, less than a dozen feet or so apart. They used hydraulic actuators and were programmed in joint coordinates, i.e. the angles of the various joints were stored during a teaching phase and replayed in operation.
The global market of industrial robotics is estimated to be worth $25.71 billion in 2012 and expected to reach $32.8 billion in 2017 at a CAGR of 5% from 2012 to 2017. In terms of unit shipments, it is estimated to ship 176,586 units in 2012 and 234,122 units in 2017, at a compound grow rate of 5.8% from 2012 to 2017. Growing non-automotive applications of industrial robotics, increasing use of industrial robots in emerging countries, and benefits like increased productivity and reduction in manufacturing costs are certain factors driving the market. Industrial robotics started its journey with automotive applications; but off late, it has made its way into non-automotive industries’ manufacturing facilities as well. As the employers struggle to find skilled people to fill positions, robots can help to shift the human resources out of jobs that do not use their ability to the fullest. Industrial robots have proven to deliver a host of benefits in a wide variety of applications like welding & soldering, handling of materials and processing, assembling & disassembling, dispensing and painting, cutting, milling and other processing, and the other functions. The most articulated robots perform by storing a series of positions in memory, and moving to them at various times in their programming sequence. Vision guidance (aka machine vision) is bringing a lot of flexibility to robotic cells. Some of the major competing players in this market are ABB ltd (Sweden), Kuka AG (Germany), Fanuc (Japan), Yaskawa (Japan), Kawasaki Robotics (Japan), DENSO Robotics (Japan), Adept Technologies (U.S), Yamaha Robotics (Japan), Toshiba Machine (Japan), EPSON Robots (Japan), Panasonic Welding Solutions Ltd (Japan) and Stäubli Robotics (Germany). Scope of the report This research report categorizes the global industrial robotics market on the basis of them being used in various applications, functions, products, geographical analysis; forecasting revenue, and analyzing trends in the market. The global market of industrial robotics is segmented into:
Applications by industries: “Applications by industries” segment is further divided into automotive, electrical & electronics, chemical, rubber & plastics, heavy machinery, metals, food & beverage, precision & optics, and other industries. Applications by functions: “Applications by functions” segment is divided into welding & soldering, handling of materials and processing, assembling & disassembling, dispensing and painting, cutting, milling and other processing, others. Products: This segmentation has five major segments; namely Articulated Robot, Cartesian (gantry) Robot, SCARA Robot, Cylindrical Robot, and other robots. Geography: Americas, Europe, Japan, Asia-Pacific (APAC), and Rest of the World (ROW).
Global Industrial Robotics Market revenue, 2011 â€“ 2017
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Published on Apr 8, 2014
Global robotics market can be classified into different categories depending on their functions and the market needs they are designed for....