Posted in | News | Industrial Robotics

Technavio Forecasts Growth of Industrial Robotics Market in North America at 12.26% CAGR Over the Period 2015-2019

About Industrial Robots
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 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.

Technavio's analysts forecast the industrial robotics market in North America to grow at a CAGR of 12.26% over the period 2015-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the industrial robotics market in North America during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of industrial robots.
Technavio's report, the Industrial Robotics Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • ABB
  • Fanuc
  • Rockwell Automation
  • Yaskawa Electric

Other Prominent Vendor

  • Adept Technology
  • Apex Automation and Robotics
  • Aurotek
  • Daihen
  • Denso Wave
  • Ellison Technologies
  • Mitsubishi Electric
  • Pari Robotics
  • Reis Robotics
  • Schunk
  • Staubli International
  • TM Robotics
  • Yamaha Robotics

Market Driver

  • Increase in Shortage of Labor
  • For a full, detailed list, view our report

Market Challenge

  • High Initial Investment
  • For a full, detailed list, view our report

Market Trend

  • Development of Next-generation Industrial Robotic Systems
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2019 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?

Read the full report: http://www.reportlinker.com/p02998308-summary/view-report.html

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.