Global Industrial Robots Market Opportunities And Strategies

The Business Research Company's latest study on Industrial Robots Market Global Report 2020-30: Covid 19 Growth And Change

LONDON, GREATER LONDON, UK, May 26, 2020 /EINPresswire.com/ — The global industrial robots market is expected to decline from $49.3 billion in 2019 to $48.6 billion in 2020 at a rate of about -1.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $63.9 billion in 2023 at a rate of 9.5%. The shortage of skilled workers is contributing to the growth of the industrial robots market. However, the high purchase and installation cost of industrial robots is expected to limit the growth of industrial robots market.

The industrial robots market consists of sales of robotic products and related services for the performance of a specific task. A robot is a programmable, mechanical device generally used in place of a person to perform dangerous or repetitive tasks with a high degree of accuracy. A robot has its own control system and is not controlled by a machine.

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The global industrial robots market is further segmented based on type and geography.

By Product Type: Articulated Robots; Linear Robots; Cylindrical Robots; Parallel Robots; Scara Robots; Others

By End-User Industry: Automative; Electrical And Electronics; Healthcare & Pharmaceuticals; Food & Beverages; Rubber & Plastics; Metals & Machinery; Others

By Application: Pick And Plane; Wielding And Soldering; Material Handling; Assembling; Cutting And Processing; Others

By Geography: The global industrial robots market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-Pacific industrial robots market accounts for the largest share in the global industrial robots market.

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Trends In The Industrial Robots Market
Automated mobile robots (AMRs) are one of the recent trends in the industrial robots market. An AMR is designed to move materials across a plant floor or through a warehouse without the aid and direction of a human worker. Floor cleaners, forklifts, pallet movers are examples of types of AMRs.
Industrial Robots Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides industrial robots market overviews, analyzes and forecasts industrial robots market size and growth for the global industrial robots market, industrial robots market share, industrial robots market players, industrial robots market size, industrial robots market segments and geographies, industrial robots market trends, industrial robots market drivers and industrial robots market restraints, industrial robots market’s leading competitors’ revenues, profiles and market shares. The industrial robots market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More
Read Industrial Robots Global Market Report 2020 from The Business Research Company for information on the following:
Markets Covered: Global Industrial Robots Market
Data Segmentations: Industrial Robots Market Size, Global And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Industrial Robots Market Organizations Covered: ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, DENSO, NACHI-FUJIKOSHI, EPSON, Dürr
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa
Time Series: Five years historic (2015-19) and forecast (2019-23)
Other Information And Analyses: PESTEL analysis, industrial robots market customer information, industrial robots market product/service analysis – product examples, industrial robots market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global industrial robots market in 2020 – countries offering most new opportunities
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Industrial Robots Industry: The report explains a number of strategies for companies in the industrial robots market, based on industry trends and company analysis.
Opportunities For Companies In The Industrial Robots Sector: The report reveals where the global industrial robots industry will put on most $ sales up to 2023.
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Industrial Robots Global Market Report 2020:
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Source: EIN Presswire