Robots have become an increasingly efficient workforce when it comes to repetitive and dangerous tasks. In a bid to reduce operational costs and comply with government scrutiny, adoption of robots has witnessed a surge in heavy industries. http://bit.ly/2Hb9kfb
4. • Automatic
- Exhibit high CAGR
• Semi- Automatic
- Witness high sales in terms of volume
- CAGR above 15% through 2026
• Manual
TECHNOLOGY
Market Analysis by
5. • Material Handling
- Largest volume share by 2026 end
• Welding & Soldering
• Assembly & Disassembly
• Painting & Dispensing
APPLICATION TYPE
Market Analysis by
6. END USE
Market Analysis by
Automotive
- Highest adoption
Healthcare
Electrical & Electronics
Construction
Metals & Machinery
Chemicals, Plastic & Rubber
Food & Beverages
Demand for
industrial robots
will remain high
7. REGION
Market Analysis by
• Asia Pacific excluding Japan
• Europe
• Japan
- Fastest expanding market
• North America
• Latin America
• Middle East & Africa
Dominant markets in
terms of volume