Industrial Robotics Emerging Market in Bric Countries

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Industrial Robotics.jpgAllied Market Research adds “Industrial Robotics Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

The articulated robots segment accounted for $13 billion in 2012 in the industrial robotics market, owing to increased usage of these robots in the emerging industries such as packaging and healthcare sectors. However, cylindrical robots and other types of robots, such as customized and refurbished robots, are expected to grow at a significant pace in the coming years, owing to their increased demand in the industrial sectors of the Asia-Pacific region. The cylindrical and others segments are estimated to grow at CAGRs of 6.5% and 7.5%, respectively, during the forecast period.

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The automotive industry segment dominated the global industrial robotics market in 2012, with a revenue contribution of $7 billion. However, this segment is expected to witness sluggish growth in the near future, owing to slowdown in the automotive industry in the past years and grow at a CAGR of 4.9% during the forecast period. The food & beverages segment is expected to grow at a significant CAGR of 6.9% during the forecast period, owing to spiraling growth of the food & beverages industry. Moreover, increase in need for customized solutions to make the process faster especially in the untapped regions, such as Brazil, Argentina, and South Africa, is expected to drive the food & beverages industry.

Browse full report: https://www.alliedmarketresearch.com/industrial-robotics-market

Materials handling is the largest segment by function in the global market. In 2012, this segment accounted for over one-third share of the global market, owing to its increased demand over diversified industries such as packaging and electronics, where the market for robots is in its nascent stage especially in the Asia-Pacific and Latin American regions. This segment is expected to continue this trend during the forecast period. Presently, the soldering & welding segment accounted for over one-fourth share of the global industrial robotics market, owing to their aggrandized usage in applications requiring high precision in the machinery industry. The segment accounts for significant share of the market, owing to its price per unit factor rather than volume.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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