Title: India Industrial Robotics Market - Forecast (2021 - 2026)
1India Industrial Robotics MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- India is one of the strongest growing economies
among the Asian emerging markets. Indian industry
is rapidly moving towards automation for
increasing production volume, accuracy, and
safety. To build up the industrial automation for
increasing the product supply and domestic
manufacturing. - Indian Industrial Robotics market was evaluated
at 4,564 units in 2018 and is estimated to grow
at 13.3 CAGR from 2019-2024. For meeting the
automation needs, recently in 2017, the Indian
market installed 30 more industrial robots
compared to 2016. Industrial Robotics
manufacturers are now considering India as a
prime destination for their product sales.
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- Key Takeaways
- Key players, including Kuka, Hyundai, and
Yaskawa, accounted to around 45 of the total
market share in 2018. While covering all the
applications in the Indian industrial robotics
market, these market players specifically focus
more on welding, dispensing, and material
handling applications. - Indian government, public, and private sector
industries are promoting robotics startups.
Recently in 2018, the Kerala government joined
hands with Genrobotics (robotics startup) to
utilize a spider-shaped robot named Bandicoot for
cleaning sewers and manholes in the city.
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By Distribution Channel- Segment
Analysis Articulated robots are the highest
robot type being used in India. Articulated
robots account for more than 50 of the units
being sold annually. The robots have varied from
simple toe-joined structure to systems with more
than ten interactive joints. Articulated robots
have long reached, high speed and larger working
envelope. These robots allow a high level of
functionality and are the most commonly used
robots in next-generation robotics. These robots
are used in applications like pick and place
tasks, handling jobs, thread fastening,
soldering, and other similar tasks requiring fast
and precise automation.
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- India Industrial Robotics Market OutlookÂ
- ABB
- YASKAWA
- FANUC
- KUKA
- MITSUBISHI ELECTRIC
- KAWASAKI HEAVY INDUSTRIES
- DENSO
- NACHI-FUJIKOSHI
- SEIKO EPSON
- DURR
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India Industrial Robotics Market Forecast
(2021 - 2026) Learn More About the Report _at_
https//www.industryarc.com/Report/18571/india-in
dustrial-robotics-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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