An manipulator is a machine with a rigid steel manipulator arm that allow complex pneumatic tilts and rotations, even when the product being moved is handled outside its center of mass. A human operator controls the machine, allowing for easy and precise movement of the manipulator to lift, lower and otherwise transport a product.
Global Industrial Manipulators Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Industrial manipulators are also termed as robotic manipulators are a mechanical machine that consists of a rigid steel manipulator arm that allows complex pneumatic tilts and rotations without making direct contact. This machine is exclusively used to handle bio-hazardous or radioactive objects that are difficult for a person to handle, in various industries for lifting heavy objects.
The automotive industry accounted for a major share in the Industrial Manipulators market due to rise in adoption of industrial robotic solutions by various automotive manufacturers over the past few years. As a result, the automotive industry alone accounted for almost one fourth of the market share by end-user industry in the global market in 2017. Further, the increase in demand for commercial and passenger vehicles, especially in the Asian market is anticipated to provide numerous opportunities for the robotic arm manufacturers in automotive industry. Thus, the automotive industry is projected to remain dominant in the coming years.
According to this study, over the next five years the Manipulators market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 400 million by 2023, from US$ 320 million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Manipulators business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Manipulators market by product type, application, key manufacturers and key regions and countries.
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This study considers the Manipulators value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2013 to 2018, in Section 2.3; and forecast to 2023 in section 11.7.
Segmentation by application: breakdown data from 2013 to 2018, in Section 2.4; and forecast to 2023 in section 11.8.
Transport and Logistics
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Manipulators consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Manipulators market by identifying its various subsegments.
Focuses on the key global Manipulators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Manipulators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Manipulators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Aira McDonald is a seasoned journalist with nearly 15 years experience. While studying journalism at the University of Detroit,, Aira found a passion for finding engaging stories. As a contributor to PR News Globe, Aira mostly covers human interest pieces.