Global Articulated Robot Market Forecast to Grow at 5.48% CAGR

Research and Markets has announced the addition of the "Global Articulated Robot Market 2014-2018" report to their offering.

The Global Articulated Robot market to grow at a CAGR of 5.48% over the period 2013-2018

An articulated robot is a robotic arm, which includes at least three rotary joints to perform precise movements in multiple planes. Articulated robots are widely used in the Manufacturing industry for various applications such as welding, sealing, assembling, material handling, picking, cutting, painting and spraying, and machine tending. These robots are also used in the Automotive industry to perform various functions as per the industry requirements. Articulated robots constitute the largest part of the Global Industrial Robotics market.

One of the major trends emerging in the market is the development of next-generation articulated robots as well as application-specific robots.

According to the report, one of the factors that drive the market's growth is the increasing trend towards automation. End-user industries are rapidly adopting robots for industrial purposes to improve the quality of products and reduce the cost of manufacturing.

Further, the report states that one such challenge is the high initial cost of articulated robots. The high cost of robots makes it difficult for small and medium enterprises and companies present in developing economies to adopt the technology.

Key Vendors

  • ABB
  • Fanuc
  • KUKA
  • Yaskawa Electric

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by End-users
  8. Geographical Segmentation
  9. Key Leading Countries
  10. Buying Criteria
  11. Market Growth Drivers
  12. Drivers and their Impact
  13. Market Challenges
  14. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/b7m85n/global

Source: http://www.researchandmarkets.com/

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