Material Handling Robots Sector to Post Double-Digit CAGR through 2022, States GMD in Its Topical Report Available at MarketPublishers.com23 May 2016 • by Natalie Aster
LONDON – Material handling is the dominant application accounting for 38% of the global estimated operational stock of industrial robots. This comprises automated machine tending, palatalising and versatile metal machining and plastic moulding operations. With the adoption of collaborative robots over the past few years, the market is gaining increased traction.
The material handling robots industry is projected to grow at double digit CAGRs in terms of both unit shipments and sales revenues through to 2022. With the benefits of booming productivity and reduced occurrence of workplace accidents, material handling industrial robots have been taking the place of human labour force and helping manufacturers stay competitive in the global marketplaces.
APAC takes the lead in the worldwide material handling industrial robots market as regard to annual revenue and sales volume. The regional market holds strong growth potential for the coming year, with China and Southeast Asian nations set to be the primary driving forces of the growth.
In-demand research report “Global Material Handling Robots Market - Structure, Size, Trends, Analysis and Outlook 2016-2022” elaborated by Grace Market Data (GMD) provides an in-depth assessment of the sector on a global level. The study presents detailed market segmentation based on end-user, application area, robotics type, and by geographic region. Extensive analysis and trustworthy projections to 2022 are offered for such major national markets as USA, Japan, China, Germany, Mexico, and South Korea. The study identifies and canvasses the market structure; key trends; industry growth drivers, restraints and challenges; emerging market trends and opportunities, Porter’s fiver forces and M&A activities and fundraising trends. The research publication provides historical figures in tandem with granular market forecasts with respect to unit shipments and sales revenue from software and hardware of material handling industrial robots. The study also draws up a complete examination of the competitive scenario and contains comprehensive company profiles of the leading vendors and/or players in the industry.
More studies by the publisher are available at Grace Market Data (GMD) page.