Global Industrial Robotics Market Forecast and Opportunities 2020 - Growing Penetration in SMEs

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Mar 20, 2015, 09:56 ET

DUBLIN, Mar. 20, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/pgj6pw/global_industrial) has announced the addition of the "Global Industrial Robotics Market Forecast and Opportunities 2020" report to their offering.

Global market for industrial robotics is forecast to generate revenues of over USD 46 billion by 2020

Asia is the largest market for industrial robotics with a majority market share in both value and volume terms. With the aim of increasing their returns, manufacturers are gradually shifting their production bases to Asian countries. Demand for industrial robots from emerging countries such as India, Thailand and Taiwan has been escalating. Further, on account of booming manufacturing sector, China surpassed Japan in industrial robot shipment in 2013, to emerge as the largest market for industrial robotics across the globe. Asia is expected to maintain its dominance in the market through 2020. Development of collaborative robots, growing penetration in SMEs and launch of application specific robots are the key trends emerging in industrial robotics market, globally.

Industrial robotic systems include re-programmable devices designed to transport parts and specialized manufacturing implements, through pre-programmed motion for particular manufacturing processes. Adoption of industrial robotics allows manufacturers from various industries to increase productivity, improve quality and reduce process errors. Due to increasing labor cost and market competition, coupled with benefits offered by industrial robotics, manufacturers are increasing moving towards process automation. Launch of cost effective, low cost and energy efficient robots has further stimulated the demand from diverse industries such as food, healthcare, pharmaceutical, metal & machinery, among others.

Global Industrial Robotics Market Forecast & Opportunities, 2020 discusses the following aspects of global industrial robotics market:

Collaborative Robot
Growing Penetration in SMEs
Industrial Robotics Impact on Global Jobs
New Product Launch
Application Specific Robots
Booming Demand in Emerging Markets
Compact Industrial Robots
Food Industry

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Global Industrial Robotics Market Outlook

4. Americas Industrial Robotics Market Outlook

5. EMEA Industrial Robotics Market Outlook

6. Asia Industrial Robotics Market Outlook

7. Drivers & Challenges

8. Market Trends & Developments

9. Competitive Landscape

10. Strategic Recommendations

Companies Mentioned