The report "Global Industrial Robotics Market in Automotive Industry 2016-2020 ", has been prepared based on an in-depth market analysis with inputs from industry experts.
MarketResearchReports.biz has announced the addition of the “Global Industrial Robotics Market in Automotive Industry 2016-2020” report to its offering. This market research report on industrial robotics provides a detailed overview of the present scenario and growth prospects of the global industrial robotics market in the automotive industry from 2016 to 2020. It analyzes the strengths and weaknesses of the key vendors and answers various questions in the report.
The report discusses the market size, market landscape, market trends, market drivers, market challengers, key vendors, and the opportunities and threats faced by these vendors. The report also contains the segmentation of the global industrial robotics market on the basis of application, product, and geography. By application, the market is segmented into industrial, assembly line, material handling, industrial welding, and paint robots in the automotive industry. By product, the industrial robotics market is segmented into the articulated, Cartesian, and SCARA robot markets. Geographically, the report segments the global industrial robotics market into APAC, EMEA, and the Americas.
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Industrial robots are programmed to automate the manufacturing process in several industries. In the automotive industry, industrial robots serves the purpose of handling huge payloads, assembling, painting, and welding. Despite its high cost, companies adopt industrial robotics as it brings about a faster ROI, making the manufacturing sector cost-effective in the long run. Due to the ability of industrial robots to aid in lifting heavy payloads during the manufacturing process of automobiles, the adoption of industrial robots will continue to rise in the automotive industry, thus boosting the global market. The need to strengthen regulations for employee safety and improve productivity, as well as the need to reduce industrial accidents are together set to stimulate the growth of the global industrial robotics market for the forecast period from 2016 to 2020.
With the adoption of industrial robotics, operational costs of automobile production plants can be significantly reduced. The global industrial robotics market thrives due to the ability of industrial robots to reduce errors in the production process, enhance the quality of the final product, improve operational flexibility, allow for quicker interaction with different departments, and reduce wastage of raw materials.
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In terms of challenges, the global industrial robotics market faces misconceptions regarding the use of industrial robots. Reluctance in embracing the transformation from conventional methods to an ultra-modern, high-tech robotic device is one of the major setbacks from which the global industrial robotics market suffers.
Leading vendors profiled in the report include ABB, Fanuc, KUKA, and Yaskawa. Other prominent vendors mentioned in the report are Kawasaki Robotics, Adept Technology, Nachi Robotic Systems, Apex Automation and Robotics, Denso Robotics, Epson Robotics, Mitsubishi Electric, TM Robotics, Rethink Robotics, and Universal Robots.