Global Industrial Robots Market Growth of 11.5% CAGR Annually: Market Shares, Strategies & Forecasts 2015-2021

Dec 11, 2015, 09:40 ET from Research and Markets

DUBLIN, December 11, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/gx7x7x/industrial) has announced the addition of Wintergreen Research, Inc's new report "Industrial Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" to their offering. 

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Worldwide Industrial Robot markets are poised to achieve significant growth as the automotive early adopter base provides a way for other industries to leverage economies of scale. Industrial Robot infrastructure in one industry makes it easier to extend product sets so that they are more available across all industries, remaking all manufacturing everywhere. 

Robots bring a new industrial revolution. Adoption of industrial robots in non-automotive applications is occurring in the electronics, chemicals, pharmaceutical, and food & beverages industries. Industrial robots have opened up new market opportunities. High installation costs have been largely overcome, making industries in developing markets available to vendors. The adoption of robots in underdeveloped countries occurs because of the unavailability of skilled labor. 

Industrial robots promise to replace 70 to 90% of existing manufacturing jobs. People will learn new ways to achieve an economy, to achieve economic development. An economy needs to adjust, to be flexible if you gave pink slips to more than half the labor force. 

According to Susan Eustis, principal author of the market research study, Industrial robot vendors have discovered that with intelligent use of new technology, they can dominate an aspect of some manufacturing automated process for a particular sector. As the early adopters in the auto industry have proven, robots do the work cheaper and better than humans once a repetitive process has been evolved. Industrial robots make the difference between winning competitive advantage or losing it. Solutions offered by vendors are creating market growth opportunities. 

Industrial robots can perform tasks faster and more accurately than humans. Increases in productivity are provided by industrial robots. Robots help reduce overall manufacturing costs in developing and developed countries. Markets are expected to rise 11.5% annually through 2021. Industrial robot markets at $22 billion in 2014 are anticipated to reach $48.9 billion by 2021. 

Key Topics Covered: 

  • Industrial Robot Market Shares, Strategies, and Forecasts, Worldwide, 2015-
  • Industrial Robot Market Executive Summary
  • Robot Market Driving Forces
  • Robots Bring A New Industrial Revolution
  • Industrial Robot Target Markets
  • Industrial Robots Third Wave Of Automated Process
  • Industrial Robot Market Shares
  • Industrial Robots Market Shares
  • Industrial Robot Market Forecasts

Companies Mentioned Include: 

  • ABB
  • Adept Technologies
  • Comau
  • Denso
  • Epson
  • Fanuc
  • Kawasaki
  • Kuka
  • Nachi
  • Panasonic
  • Staubli
  • Toshiba
  • Yamaha
  • Yasakawa

Report Structure: 

1. Industrial Robot Description and Market Dynamics 

2. Industrial Robots Market Share and Market Forecasts 

3. Industrial Robot Product Description 

4. Industrial Robot Technology 

5 Robot Company Description 

For more information visit http://www.researchandmarkets.com/research/gx7x7x/industrial

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets