Global Industrial Robotics Market in Automotive Industry 2016-2020 - New Market Study Published

From: Fast Market Research, Inc.
Published: Tue Feb 09 2016

Industrial robots were first adopted in the automotive industry in 1960 by GM and were called Unimate. These robots could weld and handle huge payloads. Wider adoption of robots started in 1980 in response to a need to automate applications such as welding, painting, and assembling in the automotive industry. Although robots were expensive, companies were encouraged to use them more frequently in automation processes because of the faster ROI and cost-effectiveness over the long run.

Technavio's analysts forecast the global industrial robotics market in the automotive industry to grow at a CAGR of 6.35% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial robotics market in the automotive industry for 2016-2020. The report consists of the following major segmentation.
The market is divided into the following segments based on application:

Full Report Details at

* Material handling robots
* Assembly line robots
* Industrial welding robots
* Paint robots

Technavio's report, Global Industrial Robotics Market in Automotive Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Fanuc
* Yaskawa

Other prominent vendors

* Adept Technology
* Apex Automation and Robotics
* Denso Robotics
* Epson Robotics
* Kawasaki Robotics
* Mitsubishi Electric
* Nachi Robotic Systems
* Rethink Robotics
* TM Robotics
* Universal Robots

Market driver

* Safe and secure work environment
* For a full, detailed list, view our report

Market challenge

* Misconception about industrial robots
* For a full, detailed list, view our report

Market trend

* Development of collaborative robots
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2020 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB, Fanuc, KUKA, Yaskawa, Adept Technology, Apex Automation and Robotics, Denso Robotics, EpsonRobotics, Kawasaki Robotics, Mitsubishi Electric, Nachi Robotic Systems, Rethink Robotics, TM Robotics, Universal Robots.

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