- The key market vendors in the Industrial Robotics Market in China 2014-2018 are ABB Ltd., Fanuc Corp., KUKA and Yaskawa Electric Corp.
London, 08 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Industrial Robotics Market in China 2014-2018. One major trend emerging in the market is the adoption of industrial robots in other industry segments such as Railway, Aerospace, Shipbuilding, Energy, Consumer Durables, Jewelry, and Healthcare. The effective deployment of industrial robots installed with the latest technologies enables companies across these industries to improve their operational productivity and produce high-precision products with minimum defects. The Industrial Robotics market in China is expected to grow at a CAGR of 10.09 percent during the forecast period of 2014-2018.
Industrial robots are programmed and automated to control manufacturing processes such as arc welding, spot welding, materials handling, machine tending, picking, packing and palletizing, assembly, mechanical cutting, grinding, deburring and polishing, gluing, adhesive sealing and spraying materials, and other applications including inspection, water jet cutting, and soldering.
“Discrete manufacturing companies adopt customized robotic systems that are designed to suit their specific needs,” says Faisal Ghaus, Vice President of TechNavio Research.
“Many customers adopt customized robots that help them gain an edge over their competitors in the market.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
