Industrial Robots Market Size, Share And Development By 2026 | Fortune Business Insights

Industrial Robots Market Size, Share and Global Trend By Type (Articulated, Cartesian, SCARA, and others), By Industry (Automotive, Machinery, Metals, and others), By Function (Soldering and Welding, Materials Handling, and others) and Geography Forecast till 2026 Sample PDF

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Published Date: Sep 2019

Region: Global

Report Format: PDF

Base Year: 2018

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Industrial Robots Market Size, Share and Global Trend By Type (Articulated, Cartesian, SCARA, and others), By Industry (Automotive, Machinery, Metals, and others), By Function (Soldering and Welding, Materials Handling, and others) and Geography Forecast till 2026 Madrona Venture Group made an investment of US$ 6.1 Mn for testing, hiring, and product development of industrial robots in May 2019. Companies are adopting several business strategies to cater to the market capitalization. This will fuel demand for industrial robots, which will subsequently boost the global industrial robots market.

Fortune Business Insights in a new report, titled “Industrial Robots Market Size, Share and Global Trend By Robot Type (Articulated, SCARA, Cylindrical, Cartesian/Linear, Parallel, Others), By Application (Pick and Place, Welding & Soldering, Material Handling, Assembling, Cutting & Processing, Others), By End Use Application (Automotive, Electrical & Electronics, Healthcare & Pharmaceutical, Food & Beverages, Rubber & Plastic, Metals & Machinery, Others) and Geography Forecast till 2026� highlights some of the industrial robots market trend prevailing between 2018 and 2026. As per the report, the global market for industrial robots was worth US$ 18.78 Bn in 2018 and is anticipated to reach US$ 59.99 Bn by 2026.

Furthermore, the market is expected to rise at an exponential CAGR of 15.7% during the forecast years.

Browse Complete Report https://www.fortunebusinessinsights.com/industry-reports/industrial-Robots-market-100360 The surge in human labor has compelled manufacturers to replace humans with robots. The emergence of industry 4.0 has revolutionized technologies and introduced robots. Several industries are adopting robots to streamline their manufacturing processes and reduce errors. Industrial robots play a crucial role in manufacturing industries as majority of the operations are managed by these robots.

Fortune Business Insights Pvt Ltd.

Industrial Robots Market Size, Share and Global Trend By Type (Articulated, Cartesian, SCARA, and others), By Industry (Automotive, Machinery, Metals, and others), By Function (Soldering and Welding, Materials Handling, and others) and Geography Forecast till 2026 Articulated Robots to Witness High Demand from Automotive, F&B, and Pharmaceutical As per industry requirements, industries adopt different types of robots to maintain operational efficiency. The report witnesses demand for Selective Compliance Articulated Robot Arm or SCARA, articulated, cylindrical, parallel, cartesian/linear, and other types of robots. Of these, articulated robots were leading in the industrial robots market in 2018. The robot has ability to perform precise functions such as assembling and material handling. Its adoption is increasing in industries such as pharmaceuticals, food and beverages, and automotive. This, as a result, is widening the industrial robots market scope. Furthermore, the market reposts an increase in the adoption of SCARA robots, as they are designed to work in harsh environment.

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Rising Automation in Japan and China to Accelerate Growth in Asia Pacific Among regions, Asia Pacific is expected to maintain its dominance in the global industrial robots market between 2018 and 2026, by covering US$ 6.52 Bn in 2018. The growth is primarily driven by rising automation and manufacturing industry in countries such as China, India, and Japan. The growing consumption of consumer goods and rising per capita income among consumers are further supplementing the industrial robots market share.

Fortune Business Insights Pvt Ltd.

Industrial Robots Market Size, Share and Global Trend By Type (Articulated, Cartesian, SCARA, and others), By Industry (Automotive, Machinery, Metals, and others), By Function (Soldering and Welding, Materials Handling, and others) and Geography Forecast till 2026

Top Players • • • • • • • • • • • • •

ABB Yaskawa Electric Corporation Denso Ten Solutions Philippines Corporation FANUC America Corporation KUKA Robots Kawasaki Robots Toshiba Panasonic Avionics Corporation STAUBLI Nachi Robotic Systems, Inc. Industrial Robots Comau Adept Technologies LLC

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Industrial Robots Market Size, Share and Global Trend By Type (Articulated, Cartesian, SCARA, and others), By Industry (Automotive, Machinery, Metals, and others), By Function (Soldering and Welding, Materials Handling, and others) and Geography Forecast till 2026

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