Industrial Robotics Market Is Booming Worldwide by 2024 : ABB, DENSO, Epson America Inc., Kawasaki Heavy Industries, Ltd., Panasonic, Universal Robots A/S, Yamaha Motor
The major factor that has augmented Europe industrial robotics market is the region's persistent investment in robotics projects over the past few years. In the year 2016, the European Union made it to the front page with its co-funding on 17 new robotics projects under Horizon 2020 Framework in a bid to proliferate research and innovation. Reportedly, 16 of these projects stems from robotics work programme, which implement strategy brainstormed by SPARC, the Public-Private Partnership for Robotics in Europe.
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