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Industrial Robotics Market worth 79.58 Billion USD by 2022

According to the new market research report "Industrial Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical, Parallel, Collaborative Robots), Component (Controller, Robotic Arm, End Effector, Sensors, Drive), Vertical and Geography - Analysis & Forecast to 2022", the industrial robotics market is expected to grow at CAGR of 11.92% between 2016 and 2022, and reach USD 79.58 Billion by 2022.The report includes an in-depth analysis of the market segmented on the basis of type, component, industry, and geography. The growth of the market is majorly attributed to the adoption of automation to ensure quality production while meeting market demand as well as the growing demand from small- and medium-scale enterprises in developing countries.

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Industrial Robotics Market worth 79.58 Billion USD by 2022

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  1. MarketsandMarkets Presents Industrial Robotics Market worth 79.58 Billion USD by 2022 The use of industrial robots is expected to grow exponentially in the future as their use leads to cost reduction, improved quality, increased production, and improved workplace health and safety. The global industrial robotics market is expected to reach USD 79.58 Billion by 2022, growing at a CAGR of 11.92% between 2016 and 2022. The main drivers for this growth are the adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries. This report analyzes and forecasts the industrial robotics market on the basis of type, component, application, and geography.

  2. According to the new market research report "Industrial Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical, Parallel, Collaborative Robots), Component (Controller, Robotic Arm, End Effector, Sensors, Drive), Vertical and Geography - Analysis & Forecast to 2022", the industrial robotics market is expected to grow at CAGR of 11.92% between 2016 and 2022, and reach USD 79.58 Billion by 2022.The report includes an in-depth analysis of the market segmented on the basis of type, component, industry, and geography. The growth of the market is majorly attributed to the adoption of automation to ensure quality production while meeting market demand as well as the growing demand from small- and medium-scale enterprises in developing countries. Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=643 Early buyers will receive 10% customization on reports. Articulated robots are expected to lead the global industrial robotics market Articulated robots held the major share of the market in 2015, and this market is expected to grow at the highest CAGR between 2016 and 2022. Owing to the structure and operational capabilities of articulated arm robots, they are widely used by various industrial applications in the automotive and electrical and electronics industry among others.

  3.  Geographic Analysis

  4. This report provides valuable insights regarding the ecosystem of this market such as product manufacturers and suppliers, OEMs, system integrators, suppliers and distributors, electronic device manufacturers, and industrial robotics system manufacturers. This study answers several questions for the stakeholders, primarily, which market segments to focus on in the next two to five years for prioritizing efforts and investments. Key Target Audience: Technology providers Industrial robotics system designers, integrators, buyers, resellers, and manufacturers Middleware and firmware providers Research organizations and consulting companies Associations, forums, and alliances related to industrial robots Investors and investment research firms Get report details@ http://www.marketsandmarkets.com/Market-Reports/Industrial-Robotics-Market-643.html Electrical and electronics industry is expected to grow at the highest CAGR between 2016 and 2022 The market for industrial robotics in the electrical and electronics industry is expected to grow at the highest CAGR between 2016 and 2022 owing to the introduction of new electronic products into the market, the miniaturization of electrical and electronics equipment, and complexity in manufacturing processes.

  5. About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

  6. Contact Us Contact:Mr. RohanMarkets and Markets 701 Pike Street Suite 2175, Seattle, WA 98101, United States USA : 1-888-600-6441 UK : 44-800-368-9399 sales@marketsandmarkets.com

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