According to a new report, “Global Industrial Robotics Market (2016-2022)”, published by KBV Research, Global Industrial Robotics Technology Market is expected to reach $55,297.5 million by 2022, growing at a CAGR of 9.3% during 2016 -2022.

The Asia Pacific market dominated the Global Industrial Robotics Technology Market in 2015, and would growing at a CAGR of 10.6% during the forecast period. However, Europe market is expected to grow at CAGR of 7.2% during 2016-2022.

The Articulated Robots market contributed the largest revenue share to the Global Industrial Robotics Technology Market in 2015, and would grow at a CAGR of 9.1% during the forecast period. However, Cartesian Robots market is expected to grow at CAGR of 8.6% during 2016-2022.

The Materials Handling market registered the highest share in the Global Industrial Robotics Technology Market in 2015, growing at a CAGR of 9.1% during the forecast period. The Assembling &Disassembling market is expected to attain a market size of $6,239 million by 2022. However, Soldering & Welding market is expected to grow at CAGR of 8.9% during 2016-2022.

The report highlights the adoption of Industrial Robotics globally.Based on Type, the market is segmented into Articulated Robots, Cartesian Robots, Scara Robots, Cylindrical Robots and Other Robots. Based on Application, the market is segmented into Automotive, Electrical & Electronics, Chemical, Rubber & Plastics, Machinery, Metals, Food & Beverages, Precision & Optics and Others. Based on Function, the market is segmented into Soldering & Welding, Materials Handling, Assembling & Disassembling, Painting & Dispensing, Milling, Cutting & Processing and Others. The geographies included in the report are North America, Europe, Asia-Pacific, & LAMEA (Latin America, Middle East and Africa). For the better analysis, the geographies are segmented into countries.

Key Companies profiled in the report includes ABB Group, Adept Technology, Yaskawa Electric Corp., Fanuc, Kuka AG., iRobot Corp., Intuitive Surgical, Honda Motor and Yamaha Corporation.

Full report – https://kbvresearch.com/global-industrial-robotics-technology-market/

Research Scope

The market is segmented based on Type, Application, Function and geography.

Global Industrial Robotics Market, by Type

Articulated Robots
Cartesian Robots
Scara Robots
Cylindrical Robots and
Other Robots

Global Industrial Robotics Market, by Application

Automotive
Electrical & Electronics
Chemical, Rubber & Plastics
Machinery
Metals
Food & Beverages
Precision & Optics and
Others

Global Industrial Robotics Market, by Function

Soldering & Welding
Materials Handling
Assembling & Disassembling
Painting & Dispensing
Milling, Cutting & Processing and
Others

Global Industrial Robotics Market, by Geography

North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia-Pacific
Latin America, Middle East and Africa (LAMEA)
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Companies Profiled:

IBM Corp.
Cisco Systems
HP Enterprise
Fujitsu
Hitachi
Equinox
Interxion Holding
Huawei
Schneider Electric and
Vertiv Co.

Related Reports-

Europe Industrial Robotics Technology Market (2016-2022)

North America Industrial Robotics Technology Market (2016-2022)

LAMEA Industrial Robotics Technology Market (2016-2022)

Asia-pacific Industrial Robotics Technology Market (2016-2022)