Published by Jessica Weisman-Pitts
Posted on January 31, 2022
Adoption of the industrial robots market continues to gain traction among big businesses, while SMEs are slow to take off. There has been a significant deceleration in new R&D initiatives, as COVID-19 induces a refocus on critical organizational activities.
Recovery in automotive industry and sustained momentum from food sector will be key to industrial robots recovery in 2021, finds new edition of the widely cited report on Industrial Robots by Future Market Insights (FMI). According to the study, demand for industrial robots witnessed a deceleration in 2020, however, as economic recovery has commenced, manufacturers can look forward to opportunities to emerge.
The latest edition (2022-2031) of the study builds upon the previous version, recalibrating market estimates for COVID-19 impact. The competitive landscape of the section has also been expanded to include changes in market structure, including M&As, divestures, and new forays.
Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-948
“Investment in industrial robots was looking up before COVID-19 crisis. Although a sudden deceleration occurred in 2020, the long-term prospects of the market remain strong,” says an FMI analyst.
Key Takeaways
Prominent Drivers
Discover more about report analysis with figures and data tables, along with the table of contents. Ask an Analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-948
Key Restraints
Competitive Landscape
Some of the players profiled in the industrial robots market include Denso Corporation, Kawasaki Heavy Industries, Brenton, LLC, Krones AG, Mitsubishi Electric Corporation, YASKAWA Electric Corporation, KUKA AG, Fanuc Corporation, ABB Limited among others.
December 2019 – Fanuc has delivered collaborative robotics CRX-10iA and CRX-10iA/L (long arm adaptation) that set new standards for reliability, unwavering efficiency, and well-being. The new robots were unveiled by FANUC at the INTERNATIONAL ROBOT EXHIBITION 2019, Dec. 18-21 in Tokyo.
June 2019-The world’s first regular interface for cooperative robotics was made by ABB and Kawasaki as their big projects. In many firms, the normal interface is ready to better fix the shortage of talented laborers.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/948
March 2020 – The launch of the HC20XP collaborative robot was done by Yaskawa Motoman. The 20 kg payload HC20XP cooperative robot highlights hand-guided preparation for the use of a robot framework and is ideal for applications where robots need to operate comfortably or near humans.
Explore FMI’s Extensive ongoing Coverage on Industrial Automation Domain
Pallet Trucks Market: The global pallet trucks market is estimated to be valued at US$ 38.2 Bn in 2022, and is projected to close in on US$ 57.6 Bn by 2028, expanding at a CAGR of 7.1% from 2022 to 2028.
Busbars Market: As per the latest report published by Future Market Insights, the global busbars market is projected to reach over US$ 23,177.7 Mn by the end of 2028, from US$ 18,278.9 Mn in 2022, registering a CAGR of 4.0%.
Machine Mounts Market: The Global Machine Mounts Market to grow with a year on year value growth of 5.4% in 2022 reaching a value of about US$ 1,752.5 Mn by 2022 end.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Adoption of the industrial robots market continues to gain traction among big businesses, while SMEs are slow to take off. There has been a significant deceleration in new R&D initiatives, as COVID-19 induces a refocus on critical organizational activities.
Recovery in automotive industry and sustained momentum from food sector will be key to industrial robots recovery in 2021, finds new edition of the widely cited report on Industrial Robots by Future Market Insights (FMI). According to the study, demand for industrial robots witnessed a deceleration in 2020, however, as economic recovery has commenced, manufacturers can look forward to opportunities to emerge.
The latest edition (2022-2031) of the study builds upon the previous version, recalibrating market estimates for COVID-19 impact. The competitive landscape of the section has also been expanded to include changes in market structure, including M&As, divestures, and new forays.
Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-948
“Investment in industrial robots was looking up before COVID-19 crisis. Although a sudden deceleration occurred in 2020, the long-term prospects of the market remain strong,” says an FMI analyst.
Key Takeaways
Prominent Drivers
Discover more about report analysis with figures and data tables, along with the table of contents. Ask an Analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-948
Key Restraints
Competitive Landscape
Some of the players profiled in the industrial robots market include Denso Corporation, Kawasaki Heavy Industries, Brenton, LLC, Krones AG, Mitsubishi Electric Corporation, YASKAWA Electric Corporation, KUKA AG, Fanuc Corporation, ABB Limited among others.
December 2019 – Fanuc has delivered collaborative robotics CRX-10iA and CRX-10iA/L (long arm adaptation) that set new standards for reliability, unwavering efficiency, and well-being. The new robots were unveiled by FANUC at the INTERNATIONAL ROBOT EXHIBITION 2019, Dec. 18-21 in Tokyo.
June 2019-The world’s first regular interface for cooperative robotics was made by ABB and Kawasaki as their big projects. In many firms, the normal interface is ready to better fix the shortage of talented laborers.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/948
March 2020 – The launch of the HC20XP collaborative robot was done by Yaskawa Motoman. The 20 kg payload HC20XP cooperative robot highlights hand-guided preparation for the use of a robot framework and is ideal for applications where robots need to operate comfortably or near humans.
Explore FMI’s Extensive ongoing Coverage on Industrial Automation Domain
Pallet Trucks Market: The global pallet trucks market is estimated to be valued at US$ 38.2 Bn in 2022, and is projected to close in on US$ 57.6 Bn by 2028, expanding at a CAGR of 7.1% from 2022 to 2028.
Busbars Market: As per the latest report published by Future Market Insights, the global busbars market is projected to reach over US$ 23,177.7 Mn by the end of 2028, from US$ 18,278.9 Mn in 2022, registering a CAGR of 4.0%.
Machine Mounts Market: The Global Machine Mounts Market to grow with a year on year value growth of 5.4% in 2022 reaching a value of about US$ 1,752.5 Mn by 2022 end.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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