According to a new report, Global Industrial Robotics Market, published by KBV Research, Global Industrial Robotics Technology Market is expected to reach $55,297.5 million by 2022, growing at a CAGR of 9.3% during 2016 -2022.
The Asia Pacific market dominated the Global Industrial Robotics Technology Market in 2015, and would growing at a CAGR of 10.6% during the forecast period. However, Europe market is expected to grow at CAGR of 7.2% during 2016-2022.
The Articulated Robots market contributed the largest revenue share to the Global Industrial Robotics Technology Market in 2015, and would grow at a CAGR of 9.1% during the forecast period. However, Cartesian Robots market is expected to grow at CAGR of 8.6% during 2016-2022.
The Materials Handling market registered the highest share in the Global Industrial Robotics Technology Market in 2015, growing at a CAGR of 9.1% during the forecast period. The Assembling &Disassembling market is expected to attain a market size of $6,239 million by 2022. However, Soldering & Welding market is expected to grow at CAGR of 8.9% during 2016-2022.
The report highlights the adoption of Industrial Robotics globally.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 geographies included in the report are North America, Europe, Asia-Pacific, & LAMEA (Latin America, Middle East and Africa). For the better analysis, the geographies are segmented into countries.
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/global-industrial-robotics-technology-market/
Research Scope
The market is segmented based on Type, Application, Function and geography.
Global Industrial Robotics Market, by Type
Global Industrial Robotics Market, by Application
Global Industrial Robotics Market, by Function
Global Industrial Robotics Market, by Geography
Companies Profiled:
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Europe Industrial Robotics Technology Market
North America Industrial Robotics Technology Market
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