Industrial Robotics Market in China to see 10% CAGR and 6.4% CAGR Globally to 2018 as per New Research Reports
DALLAS, October 29, 2014 /PRNewswire/ --
SandlerResearch.org adds Industrial Robotics Market in China 2014-2018 and Global Industrial Robotics Market 2014-2018 research reports published in October 2014 and March 2014 respectively to its store. These reports spread across 79 pages and 56 pages respectively add to the automation market research collection of SandlerResearch.org. Priced at US$2500 (single user PDF) each, these reports can be purchased individually or in a bundle (ask us for a special price for purchasing both reports together).
The Industrial Robotics Market in China 2014-2018 research report says the industry in China is set to grow at a CAGR of 10.09% over the period 2013-2018. Industrial robotics is the technology used to automate a variety of manufacturing processes across different industries such as Automotive, Food and Beverage, and Electrical and Electronics. Industrial robots are programmed to automate and control the manufacturing processes such as arc welding, spot welding, materials handling, machine tending, picking, packing and palletizing, assembly, mechanical cutting, grinding, deburring and polishing, gluing, adhesive sealing and spraying materials, and other applications including inspection, water jet cutting, and soldering.
The Industrial Robotics market in China can be segmented into five: Articulated Robots, Linear Robots, SCARA Robots, Parallel Robots, and Cylindrical Robots. This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Industrial Robotics market in China and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Companies discussed in Industrial Robotics Market in China 2014-2018 research report include ABB, Fanuc, Yaskawa Electric, Changzhou Mingseal Robotic Technology, Dalian Zhiyun Automation, Harbin Boshi Automation, Harbin Haier Hagongda Robot Technology, Hyundai Heavy Industries, Mesnac, Miracle Automation Engineering, OTC, Siasun Robot & Automation, Staubli and Suzhou Boshi Automation. Order a copy of this report at http://www.sandlerresearch.org/purchase?rname=25894 .
The Global Industrial Robotics Market will grow at a CAGR of 6.42% over the period 2013-2018 says another research at http://www.sandlerresearch.org/global-industrial-robotics-market-2014-2018.html . This report covers the present scenario and the growth prospects of the Global Industrial Robotics market for the period 2014-2018. It also presents the vendor landscape and a corresponding detailed analysis of the three key vendors in the Global Industrial Robotics market. This report considers revenue generated from the installation and maintenance of industrial robot systems. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market. The report covers the Americas, Asia, and Europe; it also covers the Global Industrial Robotics market landscape and its growth prospects in the coming years.
Key Questions Answered in these industrial robotics market reports include: What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
Companies discussed in the global industrial robotics market report include ABB Ltd., Fanuc Corp., Yaskawa Electric Corp., Adept Technology Inc., Apex Automation and Robotics, Aurotek Corp., Axium Inc., Daihen Corp., Denso wave Inc., Ellison Technologies Inc., Kawasaki Robotics Inc., Kuka AG, Mitsubishi Electric Corp., Nachi Fujikoshi Corp., Pari Robotics, Reis Robotics, Rockwell Automation Inc., Schunk GmbH, Staubli International AG, TM Robotics and Yamaha Robotics. Order a copy of this report at http://www.sandlerresearch.org/purchase?rname=16126 .
Commenting on this report, an analyst says: "Vendors are developing next-generation robotics systems that can help manufacturing companies sustain their position in the competitive business environment. Vendors are using artificial intelligence to develop independent robotics systems to individually perform a wide range of tasks separately. Independent robotics systems can help manufacturing companies improve the efficiency of the production process by reducing production errors. Thus, customers also prefer these independent robotics systems that vendors are now developing."
According to the report, industrial robotics aids companies in reducing the cost due to product failure and product wastage. An increase in the outsourcing of manufacturing activities to low-cost countries, especially in the APAC region, is a major driver.
Further, the report states that a continuous decline in the average selling price of industrial robotics is one of the major challenges. Vendors are being forced to reduce prices to attract cost-driven companies and gain or retain the market share in this highly competitive market.
Explore more automation market reports and research on other industry profiles at http://www.sandlerresearch.org/market-research/industry-profiles .
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