At a CAGR of 6.19%, Industrial Robotics Market in Heavy Industries to Grow Steadily over 2016-2020

ResearchMoz added Latest Research Report titled " Global Industrial Robotics Market in Heavy Industries 2016-2020 - Worldwide Market Size, Shares, Trends, Growth, Survey, Insights, Outlook and Forecast report " to it's Large Report database.

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Albany, NY -- (SBWire) -- 02/15/2016 --Industrial robotics refers to the use of robots in the manufacturing and assembly processes in the automotive, heavy industries, and electronics industries. Industrial robots are programmed to automate and control manufacturing processes such as welding, painting, assembly, product inspection, testing, and packaging. The global industrial robotics market in the heavy industry to grow at a CAGR of 6.19% during the period 2016-2020.

There are several types of industrial robots, such as articulated robots, Cartesian robots, SCARA robots, and cylindrical robots. These robots are used in the heavy machinery industry for different purposes, including welding and soldering, handling of materials and processing, assembling and disassembling, dispensing and painting, cutting, milling, and other processes.

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The report covers the present scenario and the growth prospects of the global industrial robotics market in heavy industries for 2016-2020. The global robotics market is classified into industrial robots and service robots. This report considers revenue generated from the heavy industries segment.

The market is divided into the following segments based on geography:
- APAC
- Americas
- EMEA

Global Industrial Robotics Market in Heavy Industries 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
- KUKA
- Yaskawa

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Market driver
- Need to reduce costs
- For a full, detailed list, view our report

Market challenge
- Reluctance of SMEs to invest in robotics
- For a full, detailed list, view our report

Market trend
- Move to automation
- For a full, detailed list, view our report

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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?

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View this press release online at: http://rwire.com/665049