Global Industrial Robotics Market to Post Double-Digit Growth to 2022, Expects iGATE Research in Its New Report Recently Added at MarketPublishers.com
31 Oct 2017 • by Natalie Aster
LONDON – The demand for industrial robotics is predicted to see exponential growth globally through 2022, fueled by undeniable advantages like cost-cutting, enhanced productivity, improved quality and also improved workplace safety and health.
The world industrial robotics market is poised for double-digit growth in the short-term, propelled by increasing adoption of automation across various industrial sectors and the rising demand from medium- and small-scale companies in the developing countries.
Basing on applications, the automotive segment grabbed the major chunk of the overall industrial robotics market as of 2016. The 2nd position was held by the electrical & electronics segment.
Regionally, the 5 top markets (namely Japan, China, South Korea, Germany and the US) together accounted for a share of appr. 74% of the global sales volume of industrial robotics in 2016.
New research report “Global Industrial Robotics Market and Volume by Application, Geographical Distribution and Key Players Analysis - Forecast to 2022” created by iGATE Research gives access to an extensive analysis of the rapidly-evolving, high-growth industrial robotics market. This in-demand publication provides reliable data on the market historical background and current scenario, explores the prevailing trends across different geographical markets, offers in-depth insights into the key market segments, limelights the market dynamics with a particular focus on the key growth fueling and hindering forces. Moreover, this report characterises the competitive environment in the industrial robotics market as well as discloses valuable data on the leading companies engaged in the industry. Additionally, this report gives a look at the emerging growth opportunities and barriers, and offers a comprehensive future outlook for the industrial robotics market through 2022.
Many other new in-demand research reports by this publisher are at hand in iGATE Research catalogue.