Industrial Robots Market– Future Scope , Industry Trends and Forecast to 2027

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Industrial Robots Market Future Scope , Industry
Trends and Forecast to 2027
Industrial Robots Market By Type (Traditional
Industrial Robots, Collaborative Robots),
Industry (Automotive, Electrical and Electronics,
Plastics, Rubber, and Chemicals, Metals and
Machinery, Food and Beverages, Precision
Engineering and Optics, Pharmaceuticals and
Cosmetics, Others), Technology (Motion Control
and Drives Systems, Robotics Systems, Integrated
Manufacturing Systems, Machine Vision Systems,
Manufacturing Execution Systems, Programmable
Logic Control System, Others), Geography (North
America, South America, Europe, Asia-Pacific,
Middle East and Africa) Industry Trends and
Forecast to 2026
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Report Description
Global industrial robots market is expected to
register a healthy CAGR of 10.10 in the forecast
period of 2019-2026. The report contains data
from the base year of 2018 and the historic year
of 2017. The rise in the market value can be
attributed to increase in investments for
automation in industries and surge in labor
charges worldwide. An industrial robot is a
robot system used in assembly line and for
manufacturing. Industrial robots play a crucial
role in industry automation. Industrial robots
are programmable and automated. Robots are
employed because of their ability to perform
repetitive tasks with accuracy. They help in
enhancing productivity and decrease operational
costs for manufacturers.
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Major Key Players

• Some of the major players operating in this
  market are
• ABB
• KUKA AG
• Mitsubishi Electric Corporation
• FANUC CORPORATION
• Kawasaki Heavy Industries Ltd.
• YASKAWA ELECTRIC CORPORATION.
• Seiko Epson Corporation
• Stäubli International AG.
• NACHI-FUJIKOSHI CORP

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Market Segmentation

• By Type (Traditional Industrial Robots,
  Collaborative Robots)
• By Industry (Automotive, Electrical and
  Electronics, Plastics, Rubber, and Chemicals,
  Metals and Machinery, Food and Beverages,
  Precision Engineering and Optics, Pharmaceuticals
  and Cosmetics, Others)
• By Technology (Motion Control and Drives Systems,
  Robotics Systems, Integrated Manufacturing
  Systems, Machine Vision Systems, Manufacturing
  Execution Systems, Programmable Logic Control
  System, Others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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