Albany, NY -- (SBWIRE) -- 04/10/2018 -- Global Industrial Robotics Market is expected to surpass more than US$ 70 Billion by the end of year 2024. The industrial robotics market is mainly driven by automotive and electrical & electronics sector. It is expected that the combined market size of automotive and electrical & electronics sector will capture more than 70% in anticipated year. In recent trend collaborative robotics is more frequently used in automotive industry. There are so many car manufacturer including BMW has introduced collaborative robots to its assembly line. They are also performing task in final assembly of the car doors. As they are human-friendly, it helps in enhancing productivity and value addition.

This report provides comprehensive assessment and core-insight regarding various application in industrial robotics like automotive industry, electrical & electronics, metal, chemical, rubber & plastic, food etc. There are many big manufacturers of automotive and electronic devices has been successfully using robotics in their assembly line effectively and efficiently and achieve huge cost reduction in long-term. Therefore automotive & electrical industries are key factor to push the global industrial robotics market to the great high in the coming future.

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In this report; we have also covered annual shipment of industrial robots region wise. In American region, we have further divided it into four parts (United States, Canada, Mexico, and Brazil). In Asia & Australia region, we have further divided it into six parts (China, India, Japan, Republic of Korea, Taiwan and Thailand). In Europe region, we have further divided it into six parts (Central/Eastern Europe, France, Germany, Italy, Spain and United Kingdom). Report also covers African region.

This 86 page report with 49 Figures and 4 Table analyses the global industrial robotics market and volume by industry segment, driving factors and challenges for Industrial Robotics market.

Global Industrial Robotics Market has been analyzed from two view points

Global Industrial Robotic Market & Forecast (2010 – 2024)
Global Industrial Robotic Volume & Forecast (2010 – 2024)
Industry Segments Covered

Automotive Industry
Electrical & Electronics Industry
Metal Industry
Chemical, Rubber and Plastics Industry
Food Industry
Others
Unspecified
Key Companies Covered

Yaskawa Electric Corporation
KUKA AG
Adept Technology
Nachi– Fujikoshi
iRobot
Intuitive Surgical

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Global Industrial Robotics Market is expected to be more than US$ 37 Billion by 2020. Automotive and Electrical & Electronics industry together expected to control close to 70% market share. While analyzing from volume trends Automotive and Electrical & Electronics industry volume share is much bigger than other industry share. Intuitive surgical is leading players globally. However many new players are entering the field year on year.

Renub Research report titled "Global Industrial Robotics Market & Volume (Automotive, Electrical & Electronics, Metal, Chemical, Rubber and Plastics, Food, Others, Unspecified) Forecast" provides a comprehensive assessment of the fast–evolving, high–growth of Industrial Robotic Market. This 79 page report with 49 Figures and 4 Table analyses the global industrial robotics market and volume by industry segment, driving factors and challenges for Industrial Robotics market.

Global Industrial Robotics Market has been analyzed from two view points

Global Industrial Robotic Market & Forecast (2010 – 2020)
Global Industrial Robotic Volume & Forecast (2010 – 2020)

Industry Segments Covered

Automotive Industry
Electrical & Electronics Industry
Metal Industry
Chemical, Rubber and Plastics Industry
Food Industry
Others
Unspecified

Key Company Covered

Yaskawa Electric Corporation (SWOT Analysis, Sales Analysis)
KUKA AG (SWOT Analysis, Sales Analysis)
Adept Technology (SWOT Analysis, Sales Analysis)
Nachi– Fujikoshi (SWOT Analysis, Sales Analysis)
iRobot (SWOT Analysis, Sales Analysis)
Intuitive Surgical (SWOT Analysis, Sales Analysis)