Rise in Vehicle Manufacturing Boosts Revenue of Industrial Robots

FREMONT, CA: Research and Markets, a market research company, announces the outcome of its Industrial Robots for Automotive Industry: Global Market 2016-2022 report. The report states that the unit shipment and sales revenue of industrial robots in the automotive manufacturing industry will grow at a Compound Annual Growth Rate (CAGR) of two-digits throughout the forecast period of 2016-2022.

Industrial Robots for Automotive Industry: Global Market 2016-2022 examines the worldwide market of industrial robotics through a comprehensive summary and analysis of premium information sources. With a review of market environments and automotive industry trend in the world, this report provides an in-depth and detailed analysis of market structure, the major industrial players/vendors, end-users, product types, application fields, geographical landscape, and market forces.

Check Out: Top Industrial Robotics Solution Companies

 Qualitative market analyses include identification and discussion of market structure, market overview, growth drivers, restraints and challenges, emerging market trends/opportunities, Porter’s Fiver Forces as well as M&A landscape and fundraising trend.

Worldwide industrial robot markets for automotive industry by end-users compose of industrial robotics solutions in Vehicle Manufacturing, Component Manufacturing, and others. Vehicle Manufacturing has been so far attracting the majority of new installations while applications in Component Manufacturing and others are enjoying higher growth rates. 

By application, the market is segmented into Material Handling, Spot Welding, Arc Welding, Coating & Dispensing, Assembling, and others. Material Handling, Spot Welding, Arc Welding account for the majority of the industrial robots in global automotive industry.

By product type, the market is divided into articulated robots, Cartesian robots, SCARA robots, and other robots that include cylindrical robots, polar robots, delta robots, parallel robots, etc. Articulated robotics segment gains most of the shares in automotive manufacturing and are replacing other types of industrial robots.

The market data and forecast trends are highlighted by 4 tables and 73 figures. Current competitive scenarios about major vendors are included.

This comprehensive report from provides valuable information and the tools needed to successfully derive critical business decisions with a thorough understanding of the market's emerging trends. The report will save clients a lot of research time on a global market and offer significant assistances in identifying and expanding business opportunities in the global industry.

Check Out : Manufacturing Outlook