Boston, MA -- (SBWIRE) -- 06/01/2016 -- Industrial robots have become an alternative application to replace human workforce. Various counties in APAC have witnessed increased demand for industrial robots for mass production, efficiency, better quality, product standardization, and reduce wastage. These robots comprise a robotic arm, control cabinet, control panel, and other peripherals. They are used for various manufacturing applications, including welding, painting, pick and place, palletizing, cutting, assembly, and product testing, and inspection. They are often used to perform tasks that are repetitive, laborious, and dangerous.

Get More Details on this Report and a Full Table of Contents at Industrial Robotics Market in APAC 2016-2020

Technavio's analysts forecast the Industrial Robotics Market in APAC to grow at a CAGR of 8.7% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the Industrial Robotics Market in APAC for 2016-2020. To calculate the market size, we consider revenue generated from the sales and aftermarket services of industrial robots.

The market is divided into the following segments based on region:

-China
-Japan
-South Korea
-India

Technavio's report, Industrial Robotics Market in APAC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-ABB
-FANUC
-Kawasaki Heavy Industries
-KUKA
-Yaskawa Electric
-SIASUN Robot & Automation

Other prominent vendors

-Adept Technologies
-Epson Robotics
-Honda
-Mitsubishi Electric
-Nachi-Fujikoshi
-Staubli Robotics
-Yamaha Robotics

Market driver

-Rise in factory automation
-For a full, detailed list, view our report

Market challenge

-High switching cost
-For a full, detailed list, view our report

Market trend

-Growing IoT in robotics
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB, FANUC, Kawasaki Heavy Industries, KUKA, Yaskawa Electric, SIASUN Robot & Automation, Adept Technologies, Epson Robotics, Honda, Mitsubishi Electric, Nachi-Fujikoshi, Staubli Robotics, Yamaha Robotics.

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