Asia Pacific Industrial Robotics Technology Market to grow at a CAGR of 9.3% during (2016 -2022)

23-05-2017 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new research report, Asia Pacific Industrial Robotics Market, published by KBV Research, the Asia Pacific Industrial Robotics Technology Market is expected to grow at a CAGR of 9.3% during 2016 -2022.

The China market dominated the Asia Pacific Industrial Robotics Technology Market in 2015, and would reach a market size of $7,298.9 million by 2022, growing at a CAGR of 6.9% during the forecast period. The India market is expected to attain a market size of $5,528.6 million by 2022. However, Japan market is expected to grow at CAGR of 11.1% during 2016-2022.

The Articulated Robots market contributed the largest revenue share to the Asia Pacific Industrial Robotics Technology Market in 2015, and would grow at a CAGR of 10.4% during the forecast period. However, Cartesian Robots market is expected to grow at CAGR of 9.9% during 2016-2022.

The Automotive market registered the highest share in the Asia Pacific Industrial Robotics Technology Market in 2015, and is anticipated to rise at a CAGR of 10.1% during the forecast period. However, Electrical & Electronics market is expected to grow at CAGR of 10.3% during 2016-2022.

The report highlights the adoption of Industrial Robotics in Asia Pacific.Based on Type, the market is segmented into Articulated Robots, Cartesian Robots, Scara Robots, Cylindrical Robots and Other Robots. Based on Application, the market is segmented into Automotive, Electrical & Electronics, Chemical, Rubber & Plastics, Machinery, Metals, Food & Beverages, Precision & Optics and Others. Based on Function, the market is segmented into Soldering & Welding, Materials Handling, Assembling & Disassembling, Painting & Dispensing, Milling, Cutting & Processing and Others. The countries included in the report are China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific.

Key Companies profiled in the report includes ABB Group, Adept Technology, Yaskawa Electric Corp., Fanuc, Kuka AG., iRobot Corp., Intuitive Surgical, Honda Motor and Yamaha Corporation.

Full report - https://www.kbvresearch.com/asia-pacific-industrial-robotics-technology-market/

Research Scope

The market is segmented based on Type, Application, Function and country.

Asia Pacific Industrial Robotics Market, by Type