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(Hosting-NewsWire.com, December 02, 2017 ) The report spread across 208 pages is an overview of the Global Robotics Market (Industrial and Service Robotics) and Volume Forecast to 2022. The demand for robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety.
Overview of the Industrial Robotics Market:
The global industrial robotics market is expected to grow at a double digit CAGR between 2017 and 2022. The demand for industrial robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety. The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.
Industrial Robotics Market Segment Analysis:
On the basis of segment, the automotive industry accounted for highest share of the industrial robotics market. The electrical and electronics segment is the second largest market for industrial robotics capturing valuable share in 2016.
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Industrial Robotics Market Regional Analysis:
In terms of region, the five major markets including China, South Korea, Japan, United States, and Germany accounts for around 74% of the total robotics sales volume in 2016. Asia/Australia is the world's largest market for industrial robots, driven by growing demand for industrial robots from small- and medium-scale enterprises in China, Japan, South Korea, and India. Europe is the second leading region for industrial robotics market. Americas is the third largest market for industrial robots.
Service Robotics Market Overview:
The global service robotics market was valued over USD 7 Billion in 2016. The global service robotics market is expected to almost triple by 2022 from the 2016 level.
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Service Robotics Market Segment Analysis:
In 2016, medical application was the major industry vertical, in terms of market share, followed by logistic applications with valuable (%) share in the same year.
The report titled “Global Robotics Market (Industrial and Service Robotics) and Volume Forecast to 2022” provides a comprehensive assessment of the fast-evolving, high-growth Global Robotics Industry.
This 208 Page report with 123 Figures and 18 Tables has been analyzed from 9 viewpoints:
1. Global Robotics Market and Volume Forecast (2009 - 2022) 2. Global Industrial Robotics Market and Volume Forecast (2009 - 2022) 3. Global Industrial Robotics Market and Volume Forecast - By Segment (2009 - 2022) 4. Industrial Robotics Volume and Forecast - Region and Country Wise Distribution (2010 - 2022) 5. Global Service Robotics Market and Volume Forecast (2009 - 2022) 6. Global Professional Service Robotics Market and Volume Forecast - By Segment (2009 - 2022) 7. Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment (2009 - 2022) 8. Key Player - Sales and SWOT Analysis (2010 - 2022) 9. Global Robotics Market - Growth Drivers and Challenges
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Source: EmailWire.Com
Source: EmailWire.com
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