Global Robot Controllers Market 2016-2020
TechNavio - Infiniti Research Ltd.
Global Robot Controllers Market 2016-2020
About Robots
Robots are critical components in the fourth industrial revolution. The widespread use of industrial robots and robot controllers is expected to reduce the total cost of labor in the manufacturing industry by at least 15% globally by 2025. The output in terms of labor and productivity can improve by a minimum of 20%. The International Federation of Robotics estimates that as many as 1.3 million industrial robots are likely to be installed globally between 2015 and 2018.
Technavio’s analysts forecast the global robot controllers market to grow at a CAGR of 7.03% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global robot controllers market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.The market is divided into the following segments based on geography:
Technavio's report, Global Robot Controllers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - ABB
- FANUC
- KUKA
- Yaskawa Electric
Other prominent vendors - Alfa Robot
- Arburg
- Engel
- Epson Robots
- Hans Hundegger
- Harmo
- iRobot
- Kawasaki Heavy Industries
- NACHI-FUJIKOSHI
- Omron Adept Technologies
- Sepro Group
- Stäubli Robotics
- TecnoMatic Robots
- WITTMANN
- Yamaha Robotics
Market driver - Safety concerns with industrial robots
- For a full, detailed list, view our report
Market challenge - Economic slowdown in major industrial nations]
- For a full, detailed list, view our report
Market trend - Preference for Ethernet communication networks among robot controllers
- For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Press Release
Technavio Announces the Publication of its Research Report – Global Robot Controllers Market 2016-2020
Technavio recognizes the following companies as the key players in the global robot controllers market: ABB, FANUC, KUKA, and Yaskawa Electric.
Other prominent vendors in the market are: Alfa Robot, Arburg, Engel, Epson Robots, Hans Hundegger, Harmo, iRobot, Kawasaki Heavy Industries, NACHI-FUJIKOSHI, Omron Adept Technologies, Sepro Group, Stäubli Robotics, TecnoMatic Robots, WITTMANN, and Yamaha Robotics.
Commenting on the report, an analyst from Technavio’s team said: “Increased adoption of compact and small-sized robot controllers will be one of the major trends in the market”
According to the report, the rise in adoption of Chinese robots and robot controllers will be one of the major factors that will drive the growth of the market.
Further, the report states that technical challenges related to OEM proprietary robot controllers will be one of the major challenges influencing market growth.
Companies Mentioned
ABB, FANUC, KUKA,Yaskawa Electric, Alfa Robot, Arburg, Engel, Epson Robots, Hans Hundegger, Harmo, iRobot, Kawasaki Heavy Industries, NACHI-FUJIKOSHI, Omron Adept Technologies, Sepro Group, Stäubli Robotics, TecnoMatic Robots, WITTMANN, Yamaha Robotics.
