Press Release

Industrial Robots Market Growth, Future Prospects And Competitive Analysis to 2026 | Fortune Business Insights

Top Players in Industrial Robots Market are ABB, Yaskawa Electric Corporation, Denso Ten Solutions Philippines Corporation, FANUC America Corporation, KUKA Robots, Kawasaki Robots , Toshiba, Panasonic Avionics Corporation , STAUBLI, Nachi Robotic Systems, Inc., Industrial Robots, Comau, Adept Technologies LLC

The surge in human labor has compelled manufacturers to replace humans with robots. The emergence of industry 4.0 has revolutionized technologies and introduced robots. Several industries are adopting robots to streamline their manufacturing processes and reduce errors. Industrial robots play a crucial role in manufacturing industries as the majority of the operations are managed by these robots. Earlier, companies were highly dependent on manual functioning. With the emergence of automation, the demand for industrial robots is likely to increase, augmenting the industrial robots market growth. These robots ensure the smooth functioning of the workflow across industries. Growing investments in automation and the establishment of small and medium-scale enterprises are favoring the industrial robots market potential.

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/industrial-Robots-market-100360a

Top Players Overview:

  • ABB
  • Yaskawa Electric Corporation
  • Denso Ten Solutions Philippines Corporation
  • FANUC America Corporation
  • KUKA Robots
  • Kawasaki Robots
  • Toshiba
  • Panasonic Avionics Corporation
  • STAUBLI
  • Nachi Robotic Systems, Inc.
  • Industrial Robots
  • Comau
  • Adept Technologies LLC

Madrona Venture Group made an investment of USD 6.1 Mn for testing, hiring, and product development of industrial robots in May 2019. Companies are adopting several business strategies to cater to market capitalization. This will fuel demand for industrial robots, which will subsequently boost the global industrial robots market. Fortune Business Insights in a new report, titled “Industrial Robots Market Size, Share and Global Trend By Robot Type (Articulated, SCARA, Cylindrical, Cartesian/Linear, Parallel, Others), By Application (Pick and Place, Welding & Soldering, Material Handling, Assembling, Cutting & Processing, Others), By End-Use Application (Automotive, Electrical & Electronics, Healthcare & Pharmaceutical, Food & Beverages, Rubber & Plastic, Metals & Machinery, Others) and Geography Forecast till 2026” highlights some of the industrial robots market trend prevailing between 2018 and 2026. As per the report, the global market for industrial robots was worth USD 18.78 Bn in 2018 and is anticipated to reach USD 59.99 Bn by 2026. Furthermore, the market is expected to rise at an exponential CAGR of 15.7% during the forecast years.

For more information in the analysis of this report, visit https://www.prnewswire.com/news-releases/industrial-robots-market-value-to-surpass-us-59-99-bn-by-2026–teradyne-and-mirs-acquisition-deal-to-launch-advanced-industrial-robots-fortune-business-insights-300915195.html

Companies such as ABB, Yaskawa Electric Corporation, and Mitsubishi Electric Corporation are dominating the global industrial robots market.

INDUSTRY DEVELOPMENT:

August 2019: Absorb Software Inc., a learning management system provider has acquired eLogic Learning a company based in Tampa, Florida. eLogic Learning says that its learning management tools could reach 5 million users across the globe every month. As per this, acquisition Absorb Software Inc. claims to serve more than 1,000 active customers with 225 employees across eight offices.

May 2019: D2L launched ‘Indigo’ the updated version of Brightspace a cloud-based learning platform which motivates employees to drive their own learning experiences.

March 2019: Cornerstone launched Express Class a tool that allows managers to quickly create and administer informal and prompt training under the Cornerstone Learning Management System.

Request for Customization https://www.fortunebusinessinsights.com/enquiry/customization/industrial-robots-market-100360

Segmentation

1. By Robot Type

  • Articulated
  • SCARA
  • Cylindrical
  • Cartesian/Linear
  • Parallel
  • Others (Collaborative, etc.)

2. By Application

  • Pick & Place
  • Welding & Soldering
  • Material Handling
  • Assembling
  • Cutting & Processing
  • Others (Painting, etc.)

3. By End Use Industry

  • Automotive
  • Electrical & Electronics
  • Healthcare & Pharmaceutical
  • Food & Beverages
  • Rubber & Plastic
  • Metals & Machinery
  • Others ( Construction, Defense, Logistics)

4. By Region

  • North America (The U.S. and Canada)
  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
  • Latin America (Brazil, Mexico and Rest of Latin America)

Order full Report https://www.fortunebusinessinsights.com/checkout-page/100360

Table of Content

5. Global Industrial Robots Market Analysis, Insights and Forecast, 2015-2026

5.1. Key Findings / Summary

5.2. Market Size Estimates and Forecasts

5.2.1. By Robot Type (Value and Volume)

5.2.1.1. Articulated

6. North America Industrial Robots Market Analysis, Insights and Forecast, 2015-2026

6.1. Key Findings / Summary

6.1.1. By Robot Type (Value and Volume)

6.1.1.1. Articulated

6.1.1.2. SCARA

6.1.1.3. Cylindrical

6.1.1.4. Cartesian/Linear

6.1.1.5. Parallel

7. Europe Industrial Robots Market Analysis, Insights and Forecast, 2015-2026

7.1. Key Findings / Summary

7.1.1. By Robot Type (Value and Volume)

7.1.1.1. Articulated

7.1.1.2. SCARA

7.1.1.3. Cylindrical

7.1.1.4. Cartesian/Linear

7.1.1.5. Parallel

TOC Continued…!

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

(Have a Look at Reports Trending in “Machinery & Equipment” Industry)

View Related Reports:

About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: [email protected] 

Tags

Howard Larue

Howard is leading the column providing news about communication devices. He has worked in the industry long enough to understand the procedures and the knick-knacks of the sectors. His knowledge is as vast as his understanding. His achievements in the field of theories related to the communication industry are noted and framed and hence makes him one of the top achievers in the list.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close