Dallas, TX -- (SBWIRE) -- 04/04/2014 -- ReportsnReports.com adds Global Industrial Robotics Market 2014-2018 new report in its store.Vendors are developing next-generation robotics systems that can help manufacturing companies sustain their position in the competitive business environment. Vendors are using artificial intelligence to develop independent robotics systems to individually perform a wide range of tasks separately. Independent robotics systems can help manufacturing companies improve the efficiency of the production process by reducing production errors. Thus, customers also prefer these independent robotics systems that vendors are now developing.
According to the report, industrial robotics aids companies in reducing the cost due to product failure and product wastage. An increase in the outsourcing of manufacturing activities to low-cost countries, especially in the APAC region, is a major driver.
Further, the report states that a continuous decline in the average selling price of industrial robotics is one of the major challenges. Vendors are being forced to reduce prices to attract cost-driven companies and gain or retain the market share in this highly competitive market.
The report recognizes the following companies as the key players in Global Industrial Robotics Market: ABB Ltd. , Fanuc Corp. , Yaskawa Electric Corp. , Adept Technology Inc., Apex Automation and Robotics, Aurotek Corp., Axium Inc., Daihen Corp., Denso wave Inc., Ellison Technologies Inc., Kawasaki Robotics Inc., Kuka AG, Mitsubishi Electric Corp., Nachi Fujikoshi Corp., Pari Robotics, Reis Robotics, Rockwell Automation Inc., Schunk GmbH, Staubli International AG, TM Robotics, and Yamaha Robotics.
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This report covers the present scenario and the growth prospects of the Global Industrial Robotics market for the period 2014-2018. It also presents the vendor landscape and a corresponding detailed analysis of the three key vendors in the Global Industrial Robotics market. This report considers revenue generated from the installation and maintenance of industrial robot systems. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
Global Industrial Robotics Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, Asia, and Europe; it also covers the Global Industrial Robotics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- ABB Ltd.
- Fanuc Corp.
- Yaskawa Electric Corp.
Other Prominent Vendors
- Adept Technology Inc.
- Apex Automation and Robotics
- Aurotek Corp.
- Axium Inc.
- Daihen Corp.
- Denso wave Inc.
- Ellison Technologies Inc.
- Kawasaki Robotics Inc.
- Kuka AG
- Mitsubishi Electric Corp.
- Nachi Fujikoshi Corp.
- Pari Robotics
- Reis Robotics
- Rockwell Automation Inc.
- Schunk GmbH
- Staubli International AG
- TM Robotics
- Yamaha Robotics
Key Market Driver
- Need to Reduce Time-to-market.
Key Market Challenge
- High Initial Investment.
Key Market Trend
- Increase in Adoption of Customized Systems.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?