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Major players in the industrial robots market include ABB Ltd., Fanuc Ltd., Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries Ltd.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The industrial robots market is expected to reach from $42.59 billion in 2021 to $69.20 billion in 2026 at a rate of 10.2%. The global industrial robots market size is then expected to grow at a CAGR of 9.6% from 2026 and reach $109.34 billion in 2031.

Asia Pacific was the largest region in the global industrial robots market.

The industrial robots market consists of sales of industrial robots by entities (organizations, sole traders, and partnerships) that manufacture industrial robots to perform a specific task automatically. A robot is a programmable mechanical device generally used in place of a person to perform dangerous or repetitive tasks with a high degree of accuracy.

The COVID-19 pandemic is predicted to drive the demand for industrial robots in the future.

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Collaborative robots are increasingly gaining traction in the industrial robots market. Collaborative robots are used to detect changes in work and then respond to them safely, by using advanced software and sensors. Collaborative robots have become a worldwide trend and adoption of the human-robot collaboration has increased.

TBRC’s Industrial Robots Market Report Segments:
By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, SCARA Robots, Others

By End User Industry: Automotive, Electrical And Electronics, Healthcare And Pharmaceuticals, Food And Beverages, Rubber And Plastics, Metals And Machinery, Others

By Application: Pick And Place, Welding And Soldering, Material Handling, Assembling, Cutting And Processing, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Industrial Robots Market Report 2022 –Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides an overview of the industrial robots market globally and regionally, analyzes and forecasts market size, share, industrial robots market players, industrial robots market segments, leading competitor revenues, profiles and market shares.

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