Industrial Robotics Market Booming

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It’s no secret that industrial robots are taking over manufacturing. The global robotics market is expected to exceed $40 billion by 2020. Robots are being used to speed up production and increase productivity at lower cost. (Robots can work 24/7 without benefits!) More sophisticated robot arms can now assemble products and even weld.

Fanuc1Some Industrial Robotics Facts:

  • China and Japan are the largest robot markets in the world.
  • The automotive industry has the largest robotics market size among all the industries.
  • Some major players are FANUC (Japan), YASKAWA (Japan), ABB (Switzerland), KUKA (Germany), and Kawasaki (Japan).

See more at Manufacturing News.


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