Market Revenue Industrial Robotics Market Concentration Rate | Page 2

The use of industrial robots for tasks such as welding and sheet handling in heavy industries has also proved the efficiency of the robotic systems in terms reduction in cycle time and raw material wastage. Implementation of robotic in heavy industry sector is expected to increase the operational flexibility of end users for addressing various product requirements. Robots are used to handle repetitive tasks and are also ideal for multitasking. They are usually deployed in accident prone areas in different production lines. Based on the application type, the global market has been segmented into industrial welding robots, material handling and assembly line robots. Material handling is expected to account for largest market share owing to increasing demand for efficient handling if heavy machinery under severe working conditions. These robots can handle heavy payloads and also are very useful in huge machine components which cannot be lifted manually. Welding robots can be attributed as the fastest growing segment and is widely used in automotive industry for arc welding. On the basis of end user, the industrial robotics market can be segmented into construction machinery, metalworking machinery and other heavy machinery. The metalworking machinery is estimated to have the largest market. This segment involves conventional machine tools and computer numerical control machine manufacturing and is expected to collaborate with robot-machine for efficient and smooth functioning of machinery. Construction machinery is anticipated to have high growth rate over the forecast period owing to industrialization and globalization. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/industrial-robotics-market The other heavy machinery segment includes textile machinery, engineering machinery, F&B machinery, machinery for consumer durables and paper machinery. High costs, Lack of skilled labor and high necessity to improve production processes have led industries to opt for robots as a solution to their production problems. There are various types of industrial robots, including Cartesian robots, articulated robots, cylindrical robots and SCARA robots. All The above robots are used in the heavy machinery industry for different processes, including soldering and welding, , assembling and disassembling, handling of materials and processing dispensing, painting, milling, cutting, and other processes. Rapid evolution of technology has also lead in invention of advanced robots such as collaborative robots. These robots are expected to be much safer to handle and can work alon