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The infographic below contains key findings from our analysis of the metal casting robots system market
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According to Technavio’s market research report, the advantages over the traditional metal casting methods will be one of the major global metal casting robots market drivers during the forecast period. Our market research analysts predict that this market will grow at a CAGR of more than 14% by 2022. The increased preference for metal casting robots is mainly due to the benefits such as higher payload, rise in productivity, maintenance of consistent product quality, speed and safety, and high capacity of these robots to cater to the challenges of sands and lubricants of high-performance foundries. In addition, the increased reliability for complex casting tasks and lesser repetitive injuries with high work-related safety will drive the demand for metal casting robots market till 2022.
The technological innovations to lessen the integration of metal casting robots is one of the key metal casting robots market trends in the coming years. For instance, the implementation of virtual commissioning method provides increased assistance in the reduction of time and cost by almost 50-60%. Also, the virtual commissioning supports the complete life cycle of metal casting robots leaving out the initial design and decision-making processes.
Characterized by the presence of several players, the metal casting robots market appears to be fragmented. This metal casting robots report offers information about the competitive environment among the players in the industrial robots market and offers an analysis of the key companies and their products. Additionally, our analysts also offer information about the key areas the players currently focus on and the strategies they follow to sustain the competition.
This research report provides an analysis of the various companies in this market including
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This metal casting robots market analysis estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market throughout the forecast period. Factors such as presence of construction, power, chemicals, oil and gas, and other manufacturing sectors will drive the industrial robots market growth in the region.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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