Heavy Duty Industrial Robot Market Size, Share, Analysis, Industry Demand and Forecasts Report

Technavio Announces the Publication of its Research Report – Global Heavy Duty Industrial Robot Market 2017-2021

Technavio recognizes the following companies as the key players in the global heavy duty industrial robot market: ABB, FANUC, KUKA, NACHI Robotic Systems, and Yaskawa Electric

Other Prominent Vendors in the market are: Comau and Kawasaki Heavy Industries.
Further, the report states that one of the major factors hindering the growth of this market is Installation cost. To incorporate heavy duty industrial robots, manufacturers have to invest heavily in the installation of automated assembly lines and manufacturing facilities. However, the investment in automation is a one-time cost, through which the industries can incorporate advanced robots and carry out software updates regularly. Small and medium enterprises restrict themselves from investing in automation due to the low awareness regarding the return-on-investment factors. As traditional equipment and methods are known to be low cost and easily available, industries refrain themselves from investing heavily for transforming traditional facilities to modern ones.

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.
About Heavy Duty Industrial Robot

Industrial robots are being adopted by end-users, including small and medium enterprises, to reduce the operational cost and improve operational efficiency. Heavy duty industrial robots have a high payload capacity, usually more than 0.5 ton, and multiple arm-joints, which provides them more flexibility. As heavy duty industrial robots are used for exhaustive applications, these robots require preventive maintenance, which keeps them viable and increases their lifespan. The preventive maintenance of heavy duty industrial robots will also allow end-users to prevent sudden breakdowns and reduce the operational barriers. Manufacturers and system integrators are the major stakeholders of the global heavy duty industrial robot market, which are responsible for offering solutions, such as hardware, software, and services, to end-users. Industries are witnessing a higher adoption of heavy duty industrial robots and are refraining from manual operations.
Technavio’s analysts forecast the global heavy duty industrial robot market to grow at a CAGR of 7.71% during the period 2017-2021.

Covered in this report 
The report covers the present scenario and the growth prospects of the global heavy duty industrial robot market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of heavy duty industrial robot.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, Global Heavy Duty Industrial Robot Market 2017-2021, 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
• NACHI Robotic Systems
• Yaskawa Electric
Other prominent vendors 
• Comau 
• Kawasaki Heavy Industries
Market driver 
• Low price of components
• For a full, detailed list, view our report 

Market challenge 
• Installation cost
• For a full, detailed list, view our report 

Market trend 
• Adoption of artificial intelligence to attain high precision and just-in-time 
• For a full, detailed list, view our report 
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