Global Industrial Robotics Market in Automotive Industry to Grow at a CAGR of 6.35% During 2016-2020: MarketResearchReports.biz

MarketResearchReports.Biz announces addition of new report "Global Industrial Robotics Market In Automotive Industry 2016-2020"to its database.

Logo

Albany, NY -- (SBWire) -- 02/12/2016 --About Industrial Robotics Market in Automotive Industry

Industrial robots were first adopted in the automotive industry in 1960 by GM and were called Unimate. These robots could weld and handle huge payloads. Wider adoption of robots started in 1980 in response to a need to automate applications such as welding, painting, and assembling in the automotive industry. Although robots were expensive, companies were encouraged to use them more frequently in automation processes because of the faster ROI and cost-effectiveness over the long run.

Technavios analysts forecast the global industrial robotics market in the automotive industry to grow at a CAGR of 6.35% during the period 2016-2020.

View Full Report at http://www.marketresearchreports.biz/analysis/560922

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial robotics market in the automotive industry for 2016-2020. The report consists of the following major segmentation.
The market is divided into the following segments based on application:
Material handling robots
Assembly line robots
Industrial welding robots
Paint robots

Technavio's report, Global Industrial Robotics Market in Automotive Industry 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.

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/560922

Key vendors

ABB
Fanuc
KUKA
Yaskawa

Other prominent vendors

Adept Technology
Apex Automation and Robotics
Denso Robotics
Epson Robotics
Kawasaki Robotics
Mitsubishi Electric
Nachi Robotic Systems
Rethink Robotics
TM Robotics
Universal Robots

Market driver

Safe and secure work environment
For a full, detailed list, view our report

Market challenge

Misconception about industrial robots
For a full, detailed list, view our report

Market trend

Development of collaborative robots
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?

Browse More PressRelease:
http://www.marketresearchreports.biz/pressreleases

About MarketResearchReports.biz
MarketResearchReports.biz is the most comprehensive collection of market research reports.

MarketResearchReports.Biz services are specially designed to save time and money for our clients.

We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact
Mr. Nachiket
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

Media Relations Contact

Nachiket
Business Head
MarketResearchReports.Biz
518-621-2074
http://www.marketresearchreports.biz/

View this press release online at: http://rwire.com/664176