The global industrial robot positioners market was valued at USD 544 billion in 2015 and is expected to surpass USD 15 billion by 2020, says Technavio.
Technavio has announced its latest market research report on the global industrial robot positioners market, under its robotics portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like ABB, Comau, FANUC, KUKA Robotics, and Yaskawa Electric.
According to Bharath Kanniappan, a lead analyst for robotics research at Technavio, “Several small and medium-sized vendors in the market are increasingly investing in automation in an attempt to cut down operational costs. Implementation of robots in industries also helps to minimize extra expenditure incurred on overhead expenses such as salary, compensation, and pension.”
Owing to the rising preference for automation and robotics, vendors are trying to capitalize this opportunity by developing customized robots that are ideally designed to meet the needs and affordability of SMEs. Several new players are emerging in the global market owing to the huge demand for industrial robot positioners.
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Developments in R&D
The use of collaborative robots is gaining traction in the global market. End-users are making large investments in industrial robots to carry out intricate inspection activities such as error proofing during the assembly process. Deployment of multi-purpose robots in industries is expected to cut down the total cost of ownership and increase the productivity of manufacturers.
Adoption of customized systems
Vendors in the global market are focusing on the development of customized industrial robots that can offer specific industrial solutions to customers. For instance, semiconductor manufacturing companies prefer articulated and SCARA robots specifically made for manufacturing and assembling applications, which are crucial applications in a discrete industry. Technavio’s industry analysts predict customization to gain traction in the global market in the coming years.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Industrial Robot Positioners Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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