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(IT-NEWSWIRE.COM, March 19, 2018 ) Automotive Robotics Market Analysis to 2023 is a specialized and in-depth study of the Automotive Robotics industry with a focus on the global market trend. The report aims to provide an overview of global Automotive Robotics market with detailed market segmentation by product/application and geography. The global Automotive Robotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Automotive Robotics players and offers key trends and opportunities in the market.
Publisher projects that the Automotive Robotics market size will grow from USD 4.57 Billion in 2017 to USD 8.44 billion by 2023, at an estimated CAGR of 10.77%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The global automotive industry is characterized by the ever increasing competition and rising costs especially experienced by OEM's and component suppliers. To effectively combat the changing dynamics particularly growing labor costs, robotics solutions are being preferred by automotive manufacturers. The global automotive robotics market is estimated to be USD 5.67 billion in 2018, and is projected to reach USD 8.44 billion by 2023. The market, in terms of value, is projected to grow at a CAGR of 10.77% from 2018 to 2023.
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Automotive Robotics Market Players:
ABB Ltd.
Kuka AG
Fanuc Corporation
Yaskawa Electric Corporation
Kawasaki Heavy Industries
Denso Wave Incorporated
Comau SPA
Nachi-Fujikoshi Corp.
Rockwell Automation
Seiko Epson Corporation
By Product Type:
Articulated, Cartesian, SCARA, Cylindrical,
By Application:
Welding, Painting, Cutting, Material Handling,
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Robotics market based on product and application. It also provides market size and forecast till 2023 for overall Automotive Robotics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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Also, key Automotive Robotics market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Automotive Robotics market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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