Increase in Manufacturing Requirements Expected to Drive Europe Electrical & Electronic Robotics Market: Ken Research


Posted January 28, 2021 by Anita1111

Europe electrical & electronic robotics market reached USD 0.78 billion in 2018 in terms of robot machines (hardware), representing the second largest regional market in the globe.
 
The electrical & electronic robotics are primarily used in assembly, screw tightening, electronic parts insert or transfer and inspection process because the robots are appropriate for simple & harsh working environment. These robots enable to assist labor shortage and increasing productivity & quality preservation.
European region has extensive range of robot types & models including light weight & compressed high speed parallel link robots and also high performance SCARA robots, which can be useful to all automatic processes. The ease of use of electrical and electronic robotics has increased tremendously which has consequently reduced installation times & total cost of implementing robotic solutions.
According to study, “Europe Electrical & Electronic Robotics Market by Subsystem, Robot Type, Application, End-user, and Country 2015-2026: Trend Forecast and Growth Opportunity” some of the key companies that are currently operating in the Europe Electrical & Electronic Robotics Market are Omron Corporation (Omron Adept Technologies),Fanuc Corp., Denso Corporation, ABB Ltd., Kawasaki Robotics Inc., Comau S.p.A, Reis Robotics, Staubil International AG, Seiko Epson Corporation (Epson Robotics), KUKA (Midea Group), Rockwell Automation Inc., Mitsubishi Electric Corp., Yaskawa Electric Corp. These leading players are developing various tools such as vision to support the accuracy requirements in the electronics industry. Players are also focusing on Research & Development (R&D) activities to integrate the artificial intelligence and develop sophisticated sensors, which, in turn will augment market growth.
On the basis of subsystem, Europe Electrical & Electronic Robotics market is bifurcated as services & support, software and hardware. Hardware includes robotic arm, power supply, drive, sensors, robot controller unit, motors, end effectors and others. On the basis of robot type, market is bifurcated as SCARA robots, polar/spherical robots, cylindrical robots, articulated robots, Cartesian robots and others. Articulated robots segment holds major share in this market owing to its characteristics to perform precise movements repeatedly & consistently that mainly includes applications including assembling and others. SCARA and cylindrical robots segments are also expected to exhibit substantial growth rate due to its structure which is designed to perform various tasks in harsh environment during the forecast period. On the basis of application, market is bifurcated as assembling & disassembling, soldering & welding (laser welding, gas welding, arc welding, and spot welding), cutting, painting & dispensing, handling (machine tending, clean room applications and material handling) and others. Handling segment dominates the market because of rise in demand from end-use industries. In addition, on the basis of end-user, market is bifurcated as telecommunication devices, electronic components, electrical & electronics equipment and others.
The market is driven by increase in manufacturing requirements, followed by shortage of labor and growth in technological advancements. However, high cost of these robots may impact the market. Moreover, growth in automation in electronic industry is a key opportunity for market.
In Europe, the electrical & electronic industry has emerged as an important sector for robotics. It is expected that future of the Europe Electrical & Electronic Robotics market will be bright on account of growth in up-gradation of manufacturing operations during the forecast period.

For More Information, click on the link below:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/europe-electrical-electronic/344444-105.html

Related Report:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/europe-electrical-electronic/344444-105.html

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Issued By Ken Research
Country India
Categories Technology , Telecom
Tags europe electrical and electronic robotics market , europe electrical and electronic robotics market forecast , europe electrical and electronic robotics market revenue
Last Updated January 28, 2021