Today: February 11, 2016, 2:04 pm
  
Finance

Global automotive industrial robotics market: 5% CAGR between 2012-2016

companiesandmarkets.com
companiesandmarkets.com
Global Automotive Industrial Robotics Market 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-05 09:38:03
The Global Automotive Industrial Robotics market is to grow at a CAGR of 4.81 percent over the period 2012-2016. One of the key factors contributing to this market growth is increasing factory automation across the globe. The Global Automotive Industrial Robotics market has also been witnessing the increasing adoption of industrial flexible manufacturing systems. However, the high initial investment required for the installation of industrial robots could pose a challenge to the growth of this market.

The increasing adoption of industrial flexible manufacturing systems is one of the emerging trends in the Global Automotive Industrial Robotics market. The increasing adoption of industrial flexible manufacturing systems is expected to propel the growth of the Global Industrial Automotive Robotic market during the forecast period. A flexible manufacturing system is a method for manufacturing products and components that is capable of handling the product specifications of the various products that are being manufactured. It also helps labor and robots handle varied levels of production. An industrial flexible manufacturing system combines the benefits of an industrial robot with those of a flexible manufacturing system, allowing vendors to manufacture a variety of products, resulting in reduced inventories and manufacturing time.

The increasing factory automation is one of the major drivers in the Global Automotive Industrial Robotics market. Factory automation provides several benefits such as reduced production time, which helps in reducing lead time and results in cost benefits. Hence, companies can deliver products to market at a much faster pace than was possible earlier. Industrial automation also gives a competitive edge to companies by reducing the production cycle time. These advantages encourage the adoption of industrial robotics, thus leading to the growth of the market.

The key vendors dominating this space are Fanuc Corp., ABB Ltd., KUKA AG, and Yaskawa Electric Corp. The other vendors mentioned in the report are Kawasaki Robotics Inc., Panasonic Welding Systems Co. Ltd., Rockwell Automation Inc., Adept Technology Inc., American Robot Corp., Denso Wave Inc., Evolution Robotics Inc., iRobot Corp., Nachi-Fujikoshi Corp., RoboGroup TEK Ltd., ST Robotics, and STAUBLI Corp.

Click for report details: www.companiesandmarkets.com/Market/Automotive-and-Parts/Market-R ..

Browse all Automotive and Parts Market Research Reports www.companiesandmarkets.com/Market/Automotive-and-Parts/Market-R ..

Browse all Automotive and Parts Company Profile Reports www.companiesandmarkets.com/Market/Automotive-and-Parts/Company- ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 546 Words
Related Articles
 
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..]
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.