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2017 Forecast -Industrial robot market is anticipated to reach $48.9 bn till year 2021

Industrial robotIndustrial Robot infrastructure in one industry makes it easier to extend product sets so that they are more available across all industries, remaking all manufacturing everywhere. Growth prospects for the Industrial robotics industry depend on market opportunity metrics relative to the different industries. Automotive investment levels globally have remained at historical highs. Increasing usage of robotic automation by non-automotive companies is driving the usage of Industrial robot automation to a new level.industrial robots are set to bring a new industrial revolution more important than anything seen before. Industrial robots perform repetitive tasks efficiently, they do not eat, they do not make mistakes, they do not get tired, they do what they are told.

Industrial robots can perform tasks faster and more accurately than humans. Increases in productivity are provided by industrial robots. Robots help reduce overall manufacturing costs in developing and developed countries. Markets are expected to rise 11.5% annually through 2021. Industrial robot markets at $22 billion in 2014 are anticipated to reach $48.9 billion by 2021.

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 According to Research Analyst, principal author of the market research study, “Industrial robot vendors have discovered that with intelligent use of new technology, they can dominate an aspect of some manufacturing automated process for a particular sector. As the early adopters in the auto industry have proven, robots do the work cheaper and better than humans once a repetitive process has been evolved. Industrial robots make the difference between winning competitive advantage or losing it. Solutions offered by vendors are creating market growth opportunities .”

industrial robots are set to bring a new industrial revolution more important than anything seen before. Industrial robots perform repetitive tasks efficiently, they do not eat, they do not make mistakes, they do not get tired, they do what they are told.

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Table Of Content

Table Of Content

1.Industrial Robot Description and Market Dynamics 54

1.1 Industrial Robot Markets 54
1.1.1 Robots Make Production More Efficient 55
1.1.2 Robots Find A Place in Industry 55
1.1.3 Challenges to the Use Of Industrial Robots 56
1.2 Robots Achieve Reduced Labor Costs 57
1.3 Buggy Whips 59
1.3.1 Industrial Robots Promise To Replace 70 To 90% Of Existing Manufacturing Jobs 59
1.3.2 Industrial Robots In Auto Factories Multi-Tasking: Welding, Riveting, Bonding And Installing A Component 61
1.3.3 Advent Of Low-Cost Automation 63

2. Industrial Robots Market Share and Market Forecasts 74

2.1 Robot Market Driving Forces 74
2.1.1 Robots Bring A New Industrial Revolution 77
2.1.2 Industrial Robot Target Markets 82
2.1.3 Industrial Robots Third Wave Of Automated Process 83
2.2 Industrial Robot Market Shares 88
2.2.1 Industrial Robots Market Shares 88
2.2.2 ABB 90
2.2.3 Kuka 91
2.2.4 Fanuc 93
2.2.5 Denso 94
2.2.6 Kawasaki Robotics 94
2.2.7 Yaskawa 95
2.2.8 Mitsubishi Electric Corp. 96
2.2.9 Nachi Fujikoshi Corp. 96

3. Industrial Robot Product Description 188

3.1 Robotic Manufacturing Equipment 188
3.1.1 ABB 190
3.1.2 Kawasaki Robotics 190
3.1.3 Kuka Automotive Production Complexity 191
3.1.4 Yaskawa Motoman 191
3.1.5 Fanuc 192
3.1.6 Global Industrial Robotics Market Segmentation 193
3.2 ABB 193
3.2.1 ABB Process Industry Control Robots 194
3.2.2 ABB Comprehensive Range Of Robots 196

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