By Kalwinder Kaur
Research and Markets has added a new report titled ‘Industrial Robotics Market - Global Forecast & Analysis by Applications, Functions, Product & Geography (2012 - 2017)’ to its portfolio.
Recovering from recession, the industrial robotics market has shown significant development in recent years. Owing to the rapid adoption of industrial robots in emerging countries, and their non-automotive applications and added advantages like decrease in production costs and increase in productivity, the industrial robotics market will grow slowly over the next five years.
The four key market parameters for industrial robotics market segmentation include geography, products, functions, and applications. The industrial robotics market’s product market segments include a variety of robots such as cylindrical, articulated, cartesian or gantry, SCARA, and others. The application market segments are precision & optics, automobile, automotive, rubber & plastics, electrical & electronics, food & beverage, chemical, heavy machinery, metals, and others. The report conducts both qualitative and quantitative analysis of the industrial robotics application market, describing each application with regard to functions.
The global industrial robotics market is predicted to be worth $25.71 B in 2012, with forecast to reach $32.8 B in 2017 at a CAGR of 5% from the period 2012 to 2017. It is expected to ship 176,586 units in 2012 and 234,122 units in 2017 at a CGR of 5.8% from 2012 to 2017.
Major topics included in this report are Introduction, Executive Summary, Market Overview, Application by Industry, Application by Functions, Product Market, Geographic Analysis, Competitive Landscape, and Company Profiles.