Industrial Robotics Market Share, Size and Forecasts 2016-2020

Industrial robots were first adopted in the automotive industry in 1960 by GM and were called Unimate. These robots could weld and handle huge payloads. Wider adoption of robots started in 1980 in response to a need to automate applications such as welding, painting, and assembling in the automotive industry. Although robots were expensive, companies were encouraged to use them more frequently in automation processes because of the faster ROI and cost-effectiveness over the long run.

Technavio's analysts forecast the global industrial robotics market in the automotive industry to grow at a CAGR of 6.35% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global industrial robotics market in the automotive industry for 2016-2020. The report consists of the following major segmentation.

The market is divided into the following segments based on application:

Material handling robots

Assembly line robots

Industrial welding robots

Paint robots

Technavio's report, Global Industrial Robotics Market in Automotive Industry 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ABB

Fanuc

KUKA

Yaskawa

Other prominent vendors

Adept Technology

Apex Automation and Robotics

Denso Robotics

Epson Robotics

Kawasaki Robotics

Mitsubishi Electric

Nachi Robotic Systems

Rethink Robotics

TM Robotics

Universal Robots

Market driver

Safe and secure work environment

For a full, detailed list, view our report

Market challenge

Misconception about industrial robots

For a full, detailed...