Industrial Robots Market: Current Business Trends & Growth Opportunities 2019-2026



Madrona Venture Group made an investment of US$ 6.1 Mn for testing, hiring, and product development of industrial robots in May 2019. Companies are adopting several business strategies to cater to the market capitalization. This will fuel demand for industrial robots, which will subsequently boost the global industrial robots market.      Fortune Business Insights in a new report, titled Industrial Robots Market Size, Share and Global Trend By Robot Type (Articulated, SCARA, Cylindrical, Cartesian/Linear, Parallel, Others), By Application (Pick and Place, Welding & Soldering, Material Handling, Assembling, Cutting & Processing, Others), By End Use Application (Automotive, Electrical & Electronics, Healthcare & Pharmaceutical, Food & Beverages, Rubber & Plastic, Metals & Machinery, Others) and Geography Forecast till 2026” highlights some of the industrial robots market trend prevailing between 2018 and 2026. As per the report, the global market for industrial robots was worth US$ 18.78 Bn in 2018 and is anticipated to reach US$ 59.99 Bn by 2026. Furthermore, the market is expected to rise at an exponential CAGR of 15.7% during the forecast years.


Top Players Overview:
·         ABB
·         Yaskawa Electric Corporation
·         Denso Ten Solutions Philippines Corporation
·         FANUC America Corporation
·         KUKA Robots
·         Kawasaki Robots
·         Toshiba
·         Panasonic Avionics Corporation
·         STAUBLI
·         Nachi Robotic Systems, Inc.
·         Industrial Robots
·         Comau
·         Adept Technologies LLC


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