KEY FINDINGS Asia-Pacific industrial robotics market dominated the global scene in 2017. The market is forecasted to continue having the upper hand throughout the forecast period of 2018-2026 by exhibiting a CAGR of 10.86%.
MARKET INSIGHTS The industrial robotics market segments include robot types like articulated robots, cylindrical robots, cartesian or gantry robots, and provide for a number of end-user industries like food and beverages, automotive, electronic, and machinery production.Factors such as the presence of a large number of manufacturing companies in the APAC regions combined with the heavy investments and the increased government support are aiding the market expansion in this region.
Also, because of the low manufacturing cost, many international companies are outsourcing their products in the APAC countries of China, Japan, India, Taiwan, etc.
COMPETITIVE INSIGHTS Apex Automation & Robotics, FANUC Corporation, Kawasaki Robotics Inc, Kuka AG, Mitsubishi Electric Corporation, Nachi Fujikoshi Corporation, Staubli International AG, Yaskawa Electric Corporation and Yamaha Robotics are the leading players in the Asia-Pacific industrial robotics market.
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