MarketsandMarkets: Global Industrial Robotics Market Worth $32.8 Billion by 2017

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MarketsandMarkets: Global Industrial Robotics

Market Worth $32.8 Billion by 2017

PR Newswire

DALLAS, June 19, 2012

DALLAS

,

June 19, 2012

/PRNewswire/ --

According to the market research report

"Industrial Robotics Market -

Global Forecast & Analysis by Applications, Functions, Product &

Geography (2012 - 2017)"

published by MarketsandMarkets

(http://www.marketsandmarkets.com), the total industrial robotics market is

expected to reach

$32.8 billion

by 2017 at a CAGR of 5.0% from 2012 to 2017.

Browse 115 tables and in-depth TOC on "Industrial Robotics Market -

Global Forecast & Analysis by Applications, Functions, Product &

Geography (2012 - 2017)".

http://www.marketsandmarkets.com/Market-Reports/Industrial-Robotics-

Market-643.html

Early buyers will receive 10% customization on reports.

Over the last 50 years, industrial robotics' applications have evolved from

simple tasks like "pick and place" to complex functions like welding, glass &

metal precision cutting, and assembling & dissembling. In terms of structure,

industrial robots progressed from cylindrical co-ordinate frame to flexible multi

axis arms, which can function in dynamic environment. Their dependence on

human operators still needs innovations to function independently. As the

automation of manufacturing processes evolved, so did the industrial robots.

Post 2000, due to increased globalization, drive of modernizing and automating

the manufacturing units began in almost all the major industries across the

world. The growing demand, competition, and pressure to increase productivity

have forced the other non-automotive industries to integrate industrial robotics

into their manufacturing facilities. Industrial robotics, being the next step of

automation, had a smooth ride during this period, and the global

industrial

robotics market

touched new highs in yearly shipments of robots.

Industrial robotics started its journey with automotive applications; but off late,

it has made its way into non-automotive industries' manufacturing facilities as

well. As the employers struggle to find skilled people to fill positions, robots can

help to shift the human resources out of jobs that do not use their ability to the

fullest. Industrial robots have proven to deliver a host of benefits in a wide

variety of applications like welding & soldering, handling of materials and

processing, assembling & disassembling, dispensing and painting, cutting,

milling and other processing, and the other functions. The most articulated

robots perform by storing a series of positions in memory, and moving to them

at various times in their programming sequence. Vision guidance (aka machine

vision) is bringing a lot of flexibility to robotic cells.

The misconception among employee unions of increasing unemployment with

the installation of industrial robotics in manufacturing facility is due to lack of

awareness, inaccurate cost justification given by management of companies,

and constant additional training costs.

Outside of

Japan

,

Western Europe

and

North America

, the robotics industry is at

fruitful ground for growth from 2012 onwards, led by growing economies like

South Korea

,

China

,

India

, and

Brazil

.

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