Docstoc

Industrial Robotics Market

Document Sample
Industrial Robotics Market Powered By Docstoc
					MarketsandMarkets: Global Industrial Robotics Market worth $32.8 Billion by 2017


According to the market research report “Industrial Robotics Market - Global Forecast & Analysis by Applications, Functions,
Product & Geography (2012 - 2017)” published by MarketsandMarkets (www.marketsandmarkets.com), the total industrial robotics
market is expected to reach $32.8 billion by 2017 at a CAGR of 5.0% from 2012 to 2017.

Browse 115 tables and in-depth TOC on “Industrial Robotics Market - Global Forecast & Analysis by Applications, Functions,
Product & Geography (2012 - 2017)”.
http://www.marketsandmarkets.com/Market-Reports/Industrial-Robotics-Market-643.html
Early buyers will receive 10% customization on reports.

Over the last 50 years, industrial robotics’ applications have evolved from simple tasks like “pick and place” to complex functions like
welding, glass & metal precision cutting, and assembling & dissembling. In terms of structure, industrial robots progressed from
cylindrical co-ordinate frame to flexible multi axis arms, which can function in dynamic environment. Their dependence on human
operators still needs innovations to function independently. As the automation of manufacturing processes evolved, so did the industrial
robots.

Post 2000, due to increased globalization, drive of modernizing and automating the manufacturing units began in almost all the major
industries across the world. The growing demand, competition, and pressure to increase productivity have forced the other non-
automotive industries to integrate industrial robotics into their manufacturing facilities. Industrial robotics, being the next step of
automation, had a smooth ride during this period, and the global industrial robotics market touched new highs in yearly shipments of
robots.

Industrial robotics started its journey with automotive applications; but off late, it has made its way into non-automotive industries’
manufacturing facilities as well. As the employers struggle to find skilled people to fill positions, robots can help to shift the human
resources out of jobs that do not use their ability to the fullest. Industrial robots have proven to deliver a host of benefits in a wide variety
of applications like welding & soldering, handling of materials and processing, assembling & disassembling, dispensing and painting,
cutting, milling and other processing, and the other functions. The most articulated robots perform by storing a series of positions in
memory, and moving to them at various times in their programming sequence. Vision guidance (aka machine vision) is bringing a lot of
flexibility to robotic cells.


The misconception among employee unions of increasing unemployment with the installation of industrial robotics in manufacturing
facility is due to lack of awareness, inaccurate cost justification given by management of companies, and constant additional training
costs.

Outside of Japan, Western Europe and North America, the robotics industry is at fruitful ground for growth from 2012 onwards, led by
growing economies like South Korea, China, India, and Brazil.

About MarketsandMarkets


MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market
research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen
industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology,
chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals,
semiconductor and electronics, and telecommunications and IT.


We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence
repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
MarketsandMarkets Blog
http://www.marketsandmarkets.com
http://twitter.com/marketsmarkets