vIndustrial,Robotics,Market,20 business, insurance vIndustrial Robotics Market 2016 key trends, Devleopment and

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Zion Research has published a new report titled “Industrial Robotics Market By Function (Materials Handling, Milling, Cutting & Processing, Soldering & Welding, Painting & Dispensing, Assembling & Disassembling and  Others), By Type (Cartesian, Articulated, Cylindrical, SCARA and Others), for Electrical & Electronics, Automotive, Machinery, Chemical, Rubber & Plastics, Food & Beverages, Metals, Precision & Optics and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, global demand for industrial robotics was valued at USD 30.0 billion in 2014, and is expected to reach USD 42.0 billion in 2020, growing at a CAGR of 6.0% between 2015 and 2020.Industrial robots are fully automatic dynamic machines used in various industries such as drilling, material handling, wielding, and molding among others. These machines are multipurpose and programmed to control various huge and complex tasks. These machines are reprogrammable and have the ability to perform the difficult tasks as per programmed with very accurate and great speed. These robots are defined by ISO 8373 and they aid to save time, money and labors requirement. Industrial robots are widely used in various applications includes welding, painting, ironing, assembly, pick and place, palletizing, product inspection and testing.Browse the full "Industrial Robotics Market By Function (Materials Handling, Milling, Cutting & Processing, Soldering & Welding, Painting & Dispensing, Assembling & Disassembling and Others), By Type (Cartesian, Articulated, Cylindrical, SCARA and Others), for Electrical & Electronics, Automotive, Machinery, Chemical, Rubber & Plastics, Food & Beverages, Metals, Precision & Optics and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/industrial-robotics-market-size-z52966Material handling was dominating segments and accounted for over 35% share of total market in 2014. Rapid growth in industrialization contributes to continue dominance of material handling segment within the forecast period. Soldering & welding was the second largest function segment contributing to the global industrial robotics market in the same year. Packaging, consumer electronics and electrical industry are expected to witness strong demand owing to increasing demand in Asia- Pacific and Asia Central region.Articulated robots were the leading segment and accounted for a notable share in the industrial robotics market in 2014 o 2014. Articulated robots are followed by Cartesian robots. The robots like SCARA robots and cylindrical robots are also anticipated to witness significant growth due to the rising demand for industrial robotics involved in various sectors during the years to come.Automotive was the largest application market for industrial robotics in 2014. Automotive accounted for over 40% share of the total market revenue generated in 2014. Cost-effectiveness, job-efficiency, and safety are key factors for increasing the use of industrial robotics in this segment. Electrical & electronics manufacturing, food industry, chemical & plastics industry and rubber industry are also some of the important application segments of the global industrial robotics market that are expected to grow during the years to come.Sample Report @ http://www.marketresearchstore.com/report/industrial-robotics-market-size-z52966#RequestSampleAsia Pacific was leading region in the industrial robotics market and accounted for over 50% share of the entire revenue generated by market in 2014. In addition, countries in Asia Pacific region like China, Japan and South Korea is emerging in the trade of industrial robotics. However, Japan is a leading market for industrial robotics and is followed by China. Europe and North America are also projected to grow substantially during the estimated period. Attributed to adoption of advanced technology and having strong potential to grow at varies sectors within the forecast period.The report segments the global industrial robotics market as:Industrial Robotics Market: Function Segment AnalysisMaterials handlingMilling, cutting & processingSoldering & weldingPainting & dispensingAssembling & disassemblingOthersIndustrial Robotics Market: Type Segment AnalysisCartesianArticulatedCylindricalSCARAOthersIndustrial Robotics Market: Application Segment AnalysisElectrical & electronicsAutomotiveMachineryChemical, rubber & plasticsFood & beveragesMetalsPrecision & opticsOthersIndustrial Robotics Market: Regional Segment AnalysisNorth AmericaU.S.EuropeGermanyUKFranceAsia PacificChinaJapanIndiaLatin AmericaBrazilMiddle East and AfricaAbout UsZion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.Each Zion Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.Contact US:Joel John 3422 SW 15 Street,Suit #8138 Deerfield Beach,Florida 33442 United States Toll Free: +1-855-465-4651 (USA-CANADA) Tel: +1-386-310-3803 Email: [email protected] Website: http://www.marketresearchstore.com