Research Industrial Robotics Market Growth and Segments | Page 5

Industrial Robotics Market
 The industrial robotics market is segmented on the basis industry which are automotive industry, chemical,
rubber and plastics industry, electrical & electronics industry metal and machinery industry, pharmaceutical
industry,food and beverages industry, and construction industry, among others. The global industrial robotics
market dominates in automotive industry followed by electrical and electronics industry, food and beverages
industry, pharmaceutical industry respectively. Growing demand for vehicles across the globe is the major
factor to drive demand in automotive industry segment of the global industrial robotics market. The growth
in demand of industrial robotics in the electrical and electronics industry segment of the global industrial
robotics market is likely to spur by various factors such as growing demand for consumer electronics
products, increasing number of mobile shipments, etc.
 On the basis of geographical regions the global industrial robotics market is segmented into seven key regions
which are North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle
East & Africa. As of 2013, Asia pacific region dominated the global industrial robotics market in terms of
revenue followed by America and Europe. The Asia pacific segment of industrial robotics segmented is
expected to maintain its dominance due to developing countries like China and India where automation in
manufacturing is pacing up, additionally the penetration of installation of industrial robots has increased in
small scale industries.
 Global industrial robotic market is segmented on the basis of applications which are welding robots, material
handling robots, assembling and disassembling robots, packaging and palletizing robots, measurement,
inspection and testing robots, painting robots, cutting, grinding and deburring robots among others.The
global industrial robotics market is expected to grow two fold with a CAGR about of 5% to 8 % for the forecast
period.
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