Albany, NY -- (SBWIRE) -- 09/05/2017 -- About Used and Refurbished Robots

Robots that are reconditioned and restored to their original operating condition for deployment in the industrial applications are categorized as used and refurbished robots. The used robots are usually disassembled, inspected, and tested for replacement of any mechanical or electrical component and then reassembled back to their original state. The used and refurbished robots are equipped with vision system, GPS, and advanced sensors.

Technavios analysts forecast the used and refurbished robots market in Americas to grow at a CAGR of 7.22% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the used and refurbished robots market in Americas for 2017-2021. To calculate the market size, the report considers installations, shipments, sales and retrofit, replacement, spares, aftermarket, and services market.

The market is divided into the following segments based on geography:
Canada
Brazil
Mexico
US
Others

Technavio's report, Used and Refurbished Robots Market in Americas 2017-2021, 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.

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Key vendors
Alliance Robotics
Antenen Robotics
MASTER Robotics
Northline Robot World
The Robot Company

Other prominent vendors
Autotech Robotics
EUROBOTS
Industrial Robot Supply
New Age Robotics
SCOTT Technology

Market driver
Reduction in company expenditure
For a full, detailed list, view our report

Market challenge
Higher maintenance requirements than new robots
For a full, detailed list, view our report

Market trend
Growth of the robotics rental market
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 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?