This industry research report outlines the growth prospects and segmentation of the global assembly-line robots by end-user application (automotive and non-automotive industries). It further details the market shares of key regions such as the Americas, EMEA, and APAC. The report also presents a complete analysis of the top vendors operating in the market, including ABB, Fanuc, Kuka and Yasakawa Electric.
Technavio’s market research analysts estimate the global assembly-line robots market to grow at a CAGR of more than 6% between 2016 and 2020. APAC dominates the global market for assembly line robots, accounting for 62% of the overall market share. Rise in manufacturing activities in the region especially in China, India, South Korea, Japan, and Taiwan, is propelling the growth of assembly line robots in the region.
The new market research report from Technavio provides a breakdown and analysis of the assembly-line robots segments by technology.
“Vendors are offering collaborative robots that can lift heavy payloads in assembly lines. These robots are equipped with integrated vision technology that automatically stops the robot’s operation on physical contact with human operators. These robots work hand-in-hand with human workers to speed up operations. Also, these collaborative robots can weigh up to 77 lbs,” says Bharath Kanniappan, Lead Analyst, Industrial Automation, Technavio Research
The automotive industry is the largest user of assembly line robots, accounting for around 49% of the overall market share. Much of this sector’s growth comes from the increasing shift towards plant automation. Original equipment manufacturers (OEMs) are using assembly robots to achieve precision and error-free assembly operations.
The leading vendors in the global assembly-line robots market include ABB, Fanuc, Kuka and Yasakawa Electric. Vendors in the market are developing innovative technologies to offer better support services and superior quality robots enabled with IoT services. The key players in the market are diversifying their geographical presence with focus on APAC, which is the largest market for industrial robots with its established manufacturing base.
A more detailed analysis is available in the Technavio report, Global Assembly-Line Robots Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
- Global Industrial Robotics Market in Heavy Industries 2016-2020
- Global Articulated Robots Market 2015-2019
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