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Automatic Robotics Market trends research and
projections for 2017-2024: Global Market Insights
The Automatic Robotics market trends are analyzed from recent past with an eye on
coming years in this report that also offers projections for Automatic Robotics
industry targeted at helping in business decisions.
The key drivers include, cost effective solution, reduction in time, modernization in
vehicle producing countries, assistance in manufacturing, high precision and quality
control. Growing need for improved productivity, safety of employees, improved work
environment and reduction in industrial accidents will compel companies to opt for
programmed automation, this in turn will drive automatic robotics market size.
The product is used in many fields including, defense, material handling, assembly
line, industrial welding and painting. Dispensing and cutting jobs are well performed
by robots. Increasing use of Automated Guided Vehicles in industries is expected to
propel automatic robotics market size.
Major restraints for automatic robotics market are the perception that use of robots in
industries pushes unemployment, sluggish growth in developed countries, high initial
investment and maintenance cost. Furthermore, disposal of robot creates
environmental problems as they are non-bio degradable may hamper the product
Automatic robotics market has two types mobile and static which is divided into
articulated, cartesian, cylindrical, SCARA and parallel. Mobile robotics industry will
up surge in the coming decades owning to ease in its usage. Further, under the
mobile segment, articulated automation market is estimated to account for largest
industry share as it provides cost-effective solution for processes that require
flexibility in terms of motion, payload capacities and working envelope.
Based on component, automatic robotics market is further divided into controller,
robotic arm, end effector, drive and sensors. The product is used in primary (welding,
painting, cutting) and secondary manufacturing process (material handling,
palletizing & packaging and assembly & disassembly).
Improved employment outlook and macroeconomic indicators across the region
bode well for the vehicle sales in years to come. Other key driver for growth of
automatic robotics market is the continuous demand by programmed OEM’s to
automate the production facilities which can reduce production time with greater
control over manufacturing activity.
The automatic robotics market is highly consolidated with many companies
manufacturing worldwide. Some of the major industry participants are ABB Group,
Fanuc Corporation, Denso Wave, Kawasaki Heavy Industries, Comau Spa, NachiFujikoshi, Rockwell Automation, Seiko Epson, Yaskawa Electric, Kuka Ag, Durr,
Harmonic Drive System, Omron, Panasonic Welding Systems, Siasun Robot &
Automation, Yasakwa Electric, Kg Maschinenfabrik, Universal Robots, Rockwell
Automation, Yamaha and Nabtesco Motion Control. A lot of innovation and technical
improvement is being carried out by the players to improve product quality.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for
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energy and biotechnology.
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