London, United Kingdom (PressExposure) March 26, 2013 -- TechNavio today launched its report Global Automotive Industrial Robotics Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Automotive team said: "The increasing adoption of industrial flexible manufacturing systems is one of the emerging trends in the Global Automotive Industrial Robotics market. The increasing adoption of industrial flexible manufacturing systems is expected to propel the growth of the Global Industrial Automotive Robotic market during the forecast period. A flexible manufacturing system is a method for manufacturing products and components that is capable of handling the product specifications of the various products that are being manufactured. It also helps labor and robots handle varied levels of production. An industrial flexible manufacturing system combines the benefits of an industrial robot with those of a flexible manufacturing system, allowing vendors to manufacture a variety of products, resulting in reduced inventories and manufacturing time."
According to the report, the increasing factory automation is one of the major drivers in the Global Automotive Industrial Robotics market. Factory automation provides several benefits such as reduced production time, which helps in reducing lead time and results in cost benefits. Hence, companies can deliver products to market at a much faster pace than was possible earlier. Industrial automation also gives a competitive edge to companies by reducing the production cycle time. These advantages encourage the adoption of industrial robotics, thus leading to the growth of the market.
Further, the report states that the need for high initial investment is one of the major challenges in the Global Automotive Industrial Robotics market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are ABB Ltd., Fanuc Corp., KUKA AG, and Yaskawa Electric Corp. The other vendors mentioned in the report are Kawasaki Robotics Inc., Panasonic Welding Systems Co. Ltd., Rockwell Automation Inc., Adept Technology Inc., American Robot Corp., Denso Wave Inc., Evolution Robotics Inc., iRobot Corp., Nachi-Fujikoshi Corp., RoboGroup TEK Ltd., ST Robotics, and STAUBLI Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.technavio.com/content/global-automotive-industrial-robotics-m.. [http://www.technavio.com/content/global-automotive-industrial-robotics-m].
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit http://www.technavio.com/automotive