Industrial Robotics Market in Automotive Industry Globally Grow at a CAGR of 6.35% by Revenue During the Forecast Period 2017-2020

Researchmoz added Most up-to-date research on "Global Industrial Robotics Market in Automotive Industry 2016-2020" to its huge collection of research reports.

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.

Technavios 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 :
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:
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.

Get PDF for more Professional and Technical insights @ http://www.researchmoz.us/enquiry.php?type=S&repid=560922

Key vendors
ABB
Fanuc
KUKA
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

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

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

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

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on Blogger at: http://researchreportlife.blogspot.in//