Automatic Robotics Market share research by applications and regions for 2017-2024

The global Automatic Robotics market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers.

The key drivers include, cost effective solution, reduction in time, modernization in vehicle producing countries, assistance in manufacturing, high precision and quality control. Growing need for improved productivity, safety of employees, improved work environment and reduction in industrial accidents will compel companies to opt for programmed automation, this in turn will drive automatic robotics market size.

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The product is used in many fields including, defense, material handling, assembly line, industrial welding and painting. Dispensing and cutting jobs are well performed by robots. Increasing use of Automated Guided Vehicles in industries is expected to propel automatic robotics market size.

Major restraints for automatic robotics market are the perception that use of robots in industries pushes unemployment, sluggish growth in developed countries, high initial investment and maintenance cost. Furthermore, disposal of robot creates environmental problems as they are non-bio degradable may hamper the product growth.

Automatic robotics market has two types mobile and static which is divided into articulated, cartesian, cylindrical, SCARA and parallel. Mobile robotics industry will up surge in the coming decades owning to ease in its usage. Further, under the mobile segment, articulated automation market is estimated to account for largest industry share as it provides cost-effective solution for processes that require flexibility in terms of motion, payload capacities and working envelope.

Based on component, automatic robotics market is further divided into controller, robotic arm, end effector, drive and sensors. The product is used in primary (welding, painting, cutting) and secondary manufacturing process (material handling, palletizing & packaging and assembly & disassembly).

Improved employment outlook and macroeconomic indicators across the region bode well for the vehicle sales in years to come. Other key driver for growth of automatic robotics market is the continuous demand by programmed OEM’s to automate the production facilities which can reduce production time with greater control over manufacturing activity.

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The automatic robotics market is highly consolidated with many companies manufacturing worldwide. Some of the major industry participants are ABB Group, Fanuc Corporation, Denso Wave, Kawasaki Heavy Industries, Comau Spa, Nachi-Fujikoshi, Rockwell Automation, Seiko Epson, Yaskawa Electric, Kuka Ag, Durr, Harmonic Drive System, Omron, Panasonic Welding Systems, Siasun Robot & Automation, Yasakwa Electric, Kg Maschinenfabrik, Universal Robots, Rockwell Automation, Yamaha and Nabtesco Motion Control. A lot of innovation and technical improvement is being carried out by the players to improve product quality.

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