Global industrial robotics market upcoming trends, growth drivers and challenges – forecast to 2025 [email protected] october 22, 2018 global industrial robotics market is expected to surpass more than us$ 70 billion by the end of year 2024. [170 pages report] the industrial robotics market is expected to grow from usd 3811 billion in 2016 to usd 7172 billion by 2023, at a cagr of 960% during the forecast period the main objective of the report is to forecast the industrial robotics market size in terms of value and volume for traditional industrial robots and collaborative robots. It also provides the overview and forecast for the global industrial robotics market based on all the segmentation provided with respect to five major reasons such as north america, europe, asia-pacific, middle east & africa, and south america. The automotive industry was the largest end user of the global industrial robot market in 2015, whereas the market is expected to grow at the fastest rate in electronics and electrical industry, during the forecast period.
The global industrial robotics market is impacted by several factors such as usage of industrial robotics in the manufacturing industry, increased demand for automation activities in the industry, reduction in custom duties, and evolving robotics & artificial intelligence (ai) industry. The report covers forecast and analysis for the industrial robotics market on a global and regional level the study provides historic data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (usd billion. According to global industrial robotics market forecast & opportunities, 2020, global market for industrial robotics is forecast to generate revenues of over usd46 billion by 2020 asia is the largest market for industrial robotics with a majority market share in both value and volume terms.
The industrial robotics target global market analysis report will make the in-depth study and detailed research on the growth environment, industrial robotics market size, current trend, operation status and upcoming growth of the industrial robotics market. This report studies the global industrial robotics in rubber and plastic market status and forecast, categorizes the global industrial robotics in rubber and plastic market size (value & volume) by manufacturers, type, application, and region. The growth of the industrial robotics market for the metals and machinery industry is attributed to the expected growth in the adoption of industrial robots for applications such as drilling, casting, welding, forging, bending, stamping, grinding, plasma cutting, and laser cutting in the metals and machinery industry. According to a new report from tractica, against this backdrop of technology and market evolution, the global robotics industry will grow from $283 billion worldwide in 2015 to $1517 billion by 2020 the market intelligence firm forecasts that most of this growth will be driven by non-industrial robots, which includes segments like consumer. Global industrial robot sales exceeded 300,000 units in 2017, including more than 130,000 units in china, representing a year-on-year increase of 180% and over 50%, respectively, primarily thanks.
Synopsis this report studies the global food robotics market status and forecast, categorizes the global food robotics market size (value & volume) by manufacturers, type, application, and region. Industry trends service robotics market size was valued at usd 8 billion, with global shipments of over 75 million units in 2016 china professional service robotics market share, by application, 2016 (units) increasing demand for reducing the operational costs and the time consumption due to human intervention has led to a rise in the demand for services robotics market the industry is. This report studies the global industrial robotics in automotive market status and forecast, categorizes the global industrial robotics in automotive market size (value & volume) by manufacturers, type, application, and region. Frost & sullivan's industrial automation & process control growth partnership services program offers clients unique insights into the competitive dynamics of the market, detailed assessments of market opportunities, pricing strategies, demand trends, and technological developments, as well as applications and best practices for the industry.
Industry outlook the global industrial robotics market size was valued at usd 3145 billion in 2016 it is anticipated to witness a cagr of approximately 70% over the forecast period. Guidelines on promoting the industrial robotics industry released by ministry of industry and information technology of the people's republic of china in dec 2013 mentioned that density of robots (the quantity of robots used by 10,000 people) would reach 100 units by 2020. Industry trends robot sensor market size was estimated at over usd 2 billion in 2017 growing at a cagr of over 12% from 2018 to 2024the global shipments are forecast to reach over 12 million units by 2024 china robot sensor market size, by application, 2017 & 2024 (usd million.
22 research reports forecast sustained robotics industry growth by frank tobe global industrial robotics rental market, july 2017, 92 pages, technavio, frank tobe is the founder of the robot report and co-founder of robo global which has developed a tracking index for the robotics industry, the robo global™ robotics & automation. The robotics division of kuka is one of the major suppliers in the field of industrial robotics in the automotive industry the company is the number one supplier of robots and automated production systems and solutions in the european market.
According to “global industrial robotics market forecast & opportunities, 2018”, global industrial robotics market revenues are expected to cross us$ 37 billion by 2018 china is anticipated to be the leading demand generator for the industrial robots in the next five years. World robotics survey: global industrial robot sales doubled over the past five years the report shows that a new record high of 381,000 units were shipped globally in 2017 – an increase of 30 percent compared to the previous year. The growth of the global industrial robotics market is driven by many factors, of which the growing need for industrial automation is one of the main drivers industrial robotics help manufacturing companies in developing & manufacturing accurate and reliable products without errors.