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Industrial robotics market expected to exceed $79 billion By 2022

The global market for industrial robotics expected to exceed $79 billion By 2022, according to a report.

The scope of the report includes a detailed study of global and regional markets for the global Industrial Robotics Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. 

Key players profiled in the report include:

  • Fanuc;
  • Yaskawa;
  • ABB;
  • Kuka;
  • Kawasaki Heavy Industries; and
  • others.

Company profile includes assigning such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The global industrial robotics market is expected to exceed more than $79 billion by 2022 and will grow at an annual growth rates of more than 11.5 percent in the given forecast period, which is 2016-2022.