This global market research report includes a comprehensive segmentation of the industrial robotics market in heavy industries by applications (material handling, assembly line, and industrial welding), by geography (Americas, APAC, and EMEA), and by end-user types (metalworking machinery, construction machinery, and other heavy machinery). The key vendors analyzed in this report are ABB, Fanuc, Kuka, and Yaskawa.
Technavio has released a new market research report on the global industrial robotics market in heavy industries, which is expected to grow at a CAGR of 6% between 2016 and 2020. The need to comply with governmental scrutiny and to reduce operational costs has promoted the use of industrial robots in heavy industries. The use of industrial robots for tasks such as welding and sheet handling in heavy industries has also proved the efficiency of the robotic systems in terms reduction in cycle time and raw material wastage. The Americas is expected to witness highest growth rate in the global industrial robotics market in heavy industries during the forecast period. This rapid growth can be attributed to the legislations regarding energy efficiency and emissions
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“With the growth in the implementation of robotic solutions in the heavy industries sector, end-users can attain the operational flexibility required for addressing different product requirements. Robots are ideal for multitasking and can handle repetitive tasks efficiently. They are swift and can be deployed in accident-prone areas in production lines,” says Bharath Kanniappan, Lead Analyst, Industrial Automation, Technavio Research
The metalworking machinery segment accounted for 26% of the global industrial robotics market in heavy industries during 2015. The segment involves machine tools, which consist of conventional machine tools and the CNC machine manufacturing. The market is seeing robot-machine tool collaboration for the smooth and efficient functioning of machine tools, which has created huge opportunities for industrial robot vendors.
The leading vendors in the global industrial robotics market in heavy industries are ABB, Fanuc, Kuka, and Yaskawa. Competition in the global industrial robots market in heavy industries has intensified following innovations in products and solutions and marketing strategies. Many startups have emerged that offer customized robotic solutions. The key vendors are working to provide complete industrial robot solutions from material handling to welding to assembling.
A more detailed analysis is available in the Technavio report, Global Industrial Robotics Market in Heavy Industries 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
