Parallel Robots Market To Grow At 5.70% CAGR To 2020 Driven By Food And Beverage Packaging And APAC
RnRMarketResearch.com adds Global Parallel Robots Market 2016-2020 latest research report, the analysts forecast the global parallel robots market to grow at a CAGR of 5.70% during the period 2016-2020.
July 19, 2016 /MarketersMedia/ —
The global parallel robots market analyst says a key trend which is boosting market growth is the integration of Internet-of-things (IoT) in delta robots. Advances in sensors, hardware, and software have made the delta robots more intelligent and autonomous in their capabilities. Vendors are offering their services through smart devices and Wi-Fi technology for remote operation of delta robots. As these devices offer enhanced flexibility and convenience in operations, end-users prefer these technology-enabled robots in factory facilities. The end-users are also implementing IoT in factories to make their factory a connected entity.
Complete report on parallel robots market spread across 61 pages, analyzing 4 major companies and providing 28 data exhibits is now available at http://www.rnrmarketresearch.com/global-parallel-robots-market-2016-2020-market-report.html
According to the 2016 parallel robots market report, a key growth driver in the market is the increase in cumulative saving of organizations in deploying parallel robots. Parallel robots are versatile and can be easily programmed to adapt to new assembly lines without any training. The functioning of these robots can be extended overnight and weekends without any human supervision. Parallel robots produce defect-free products and reduce product failure and wastage. These robots require minimum heating and lighting, which considerably reduces energy consumption.
During 2015, the food and beverage industry witnessed an upsurge in the adoption of parallel robots. Parallel robots are widely adopted in these sectors as these robots are designed for low payload applications such as pick and place and packaging. Parallel robots are used for picking and placing products for primary packaging application. They complete the packing process by placing the primary packed product into the secondary packaging – crates, trays, or cases. The sale of the parallel robots in the food and beverage industry is predicted to increase during the forecast period, especially in the automation for packaged meat. Order a copy of Global Parallel Robots Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=635376
The following companies are the key players in the global parallel robots market: ABB, Codian Robotics, FANUC, and OMRON. Other prominent vendors in the parallel robots market are: Epson Robotics, Kawasaki Heavy Industries, Mitsubishi Robotics, Penta Robotics, Staubli Robotics, and Yamaha Robotics.
Global Parallel Robots 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. The report covers the present scenario and the growth prospects of the global parallel robots market for 2016-2020. To calculate the market size, this report considers the revenue generated from the sales and aftermarket services of parallel robots. The report presents the vendor landscape and a corresponding insight on the top four vendors operating in the market.
Further, the parallel robots market report states that a major factor that could hamper market growth is the low adoption rate of parallel robots in SME sector. SMEs lack the knowledge of robotics compatibility with their business and its efficiency. They also have low capability of long-term investment, technical expertise outside core business, and awareness of technological improvements.
Another related report is Global Smart Robots Market 2016-2020, a key growth driver is the increase in human labor cost. China is on the verge of crossing the Lewis Turning Point, where the availability of labor has reduced significantly, resulting in high labor cost. In 2015, the minimum monthly wage in China was about $140-$650, which has grown at the rate of 20%-25% YoY from 2012 to 2015. Browse complete report @ http://www.rnrmarketresearch.com/global-smart-robots-market-2016-2020-market-report.html
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