Market Intelligence Report Industrial Robotics, 2014-2020

The new technological developments are making manufacturingindustry smarter in terms of efficiency with minimizing defect, waste and downtime. In order to overcome the limitations of traditional labour work in industries and enhance the capability of operators, industrial robotics has been evolved. Installation of industrial robots also helps to gain competitive advantage by making business process more dynamic. As defined by ISO 8373 standards the industrial robot is “an automatically controlled, reprogrammable, multipurpose manipulator programmable in three or more axes”. Today, the Industrial robots are increasingly being installed in various industry such as food and packaging, automobile, electronics etc.

The global industrial robotics market is experiencing the robust growth with numerous untapped opportunity. In 2013, the global industrial robotics market registered around 12% to 15% year on year growth which is expected to grow at same pace for the forecast period. The factors driving the growth of global industrial robotics market are growing automation to meet production demand, need for meeting the technology standard set by government and industry associations and, increasing production capacity to anticipate the future demand. The use of industrial robotics helps to achieve automation in manufacturing process which is the major trend in global industrial robotics market.

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-285

The industrial robotics market is segmented on the basis industry which are automotive industry, chemical, rubber and plastics industry, electrical & electronics industry metal and machinery industry, pharmaceutical industry,food and beverages industry, and construction industry, among others. The global industrial robotics market dominates in automotive industry followed by electrical and electronics industry, food and beverages industry, pharmaceutical industry respectively. Growing...