Industrial Robots Market Size, Share, and Impact Analysis, by robot type (articulated, SCARA, cylindrical, Cartesian/linear, parallel, and others), by application (pick and place, welding and brazing, material handling, assembly, cutting and processing and others), by industry (automotive, electrical and electronics, healthcare and pharmaceutical, food and beverages, rubber and plastic, metals and machinery and others) and regional forecast, 2021-2028
Global Industrial Robots Industry Analysis Research Report presents in-depth analysis of size, growth, analysis, segments, manufacturers, forecast, competition landscape and opportunities of industrial robot industry growth. This report also focuses on key trends, industry drivers, challenges, standardization, deployment models, future roadmap, revenue and forecast 2021-2028. Moreover, this research report categorizes the global Industrial Robots industry by companies, region, type and end-user industry.
The report identifies the major drivers, opportunities and major restraints which help our readers to understand the current and future status of the Offshore Support Vessels industry. In addition to this, it exhibits an in-depth understanding of the competitive landscape by showcasing information about major players operating in the industry. To do this, it offers an in-depth analysis of qualitative and quantitative information on the size and growth of the industry.
The industry is expected to grow from USD 15.60 billion in 2021 to USD 31.13 billion in 2028 at a CAGR of 10.4% during the period 2021-2028.
Deployment of robots in the healthcare sector to increase growth
The increasing adoption of robotic solutions by OEMs to reduce operating costs and increase operational workflow will support the growth of the industry. The automotive, healthcare and electronics industries use robots to reduce material waste and improve production yields, which in turn will accelerate the development of the industry. The high cost of labor and operating and raw material costs involved in conventional methods have led to a move towards robots in production processes. Additionally, the growing demand from food and beverage, metal machinery, rubber and plastic industries will influence the growth of the industrial robot industry. Robots can handle repetitive tasks with accuracy and precision, making them very suitable for industrial applications. Thus, uplifting the industry during the forecast period.
Key Features of the Industrial Robots Industry Report:
Overview, Industry Life Cycle Analysis, Supply Chain Analysis
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Press release distributed by The Express Wire
To view the original release on The Express Wire, visit Industrial Robot Industry Demand, Recent Trends, Size and Share Estimation by 2028 with Top Players