Robot Drives Market report explains the market ecosystem, characteristics, segmentation wise analysis, five forces analysis, market trends, vendor landscape and vendor analysis. Robot Drives Market potential is analyzed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Market industry.
About Robot DrivesIndustrial robots have emerged as game changers in the industrial automation sector during the recent years. End-users that were reluctant to adopt automation in their facilities have realized the long-term benefits associated with industrial robots; therefore, many end-users are undergoing a transition to implement robots across various applications. It has been predicted that the revenue of the industrial robotics market will grow at a CAGR of 7.66% during the forecast period. The rising scope of industrial robotic implementation across end-user applications has subsequently generated demand for servo-electric drives for controlling the movement of robots. With industrial robots being increasingly deployed for welding, painting, material handling, and assembling processes, the market for servo drives is expected to exhibit growth during the forecast period.Industry analysts forecast the global robot drives market to grow at a CAGR of 7.76% during the period 2017-2021.
Key Vendor of market: Bosch Rexroth, Ingenia Motion Control, Robotics Drives, YASKAWA Electric Corporation, ABB, Bass-Antriebstechnik, Beijing Leader Harvest Elecric Technologies, Danfoss, DENSO Robotics, Emerson Electric, Fanuc, Harmonic Drive, Hitachi Industrial Equipment Systems, Kollmorgen, Micro-Motor, ROBOTEC Engineering, Rockwell Automation, Schneider Electric, and Siemens
Geographical Segmentation of Market: – APAC, EMEA, Americas
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Market driver
• Rise in number of SMEs investing in automation
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Market challenge
• Emergence of low-cost product manufacturers
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Market trend
• Adoption of customized robots
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In the next part of Robot Drives Market research report, Research Methodology and Market characteristics are discussed. This report also states growing area, production and revenue by regions. The Robot Drives Market forecast to 2022 Considering Market landscape, Market size, Market opportunity, Geographical segmentation is also provided.