TechNavio recognizes the following companies as the key players in the Industrial Robotics market in China: ABB Ltd., Denso Wave Inc., Fanuc Corp., KUKA AG, Seiko Epson Corp., Toshiba Machine Co. Ltd., and Yaskawa Electric Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Industrial Robotics market in China is the need for multipurpose robotic systems. Various end-users are looking for robotic systems that can perform numerous tasks efficiently. The multipurpose robots should be able to perform several functions such as assembly, dispensing, machine tending, material handling, material removing, and packaging. End-users are also investing in industrial robots that can perform inspection activities such as error proofing during the assembly process. The use of multipurpose robots will in turn reduce the total cost of ownership and enhance the productivity of manufacturers. ”
According to the report, one of the main factors driving the market is the need to reduce total cost of ownership. Robots help manufacturing companies develop and manufacture accurate and reliable products without defects. They also help companies reduce product failure costs and product wastage.
Further, the report states that one of the main challenges is the stringent regulatory framework for robotic systems. For instance, ISO has issued revised regulatory standards for industrial robots including articulated robots, SCARA robots, and other types of industrial robots.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are iRobot Corp., Kawasaki Robotics Inc., Omron Corp., RoboGroup TEK Ltd., Rockwell Automation Inc., Siasun Robot & Automation Co. Ltd., ST Robotics, STAUBLI Corp., Yamaha Robotics, and Mitsubishi Electric Automation Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/industrial-robotics-market-china-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report – Industrial Robotics Market in China 2012-2016
