MarketResearchNest.com adds “Global Robotics Market 2017-2021” new report to its research database.
The report spread across 115 pages with table and figures in it.
Research
analysts forecast the global robotics market in semiconductor industry
to grow at a CAGR of 7.69% during the period 2017-2021.
About Robotics Market in Semiconductor Industry
Machines that manipulate the movement of materials,
in-line with the programming installed in the system in an industrial set-up
are considered to be industrial robots. Robot types such as the SCARA,
articulated, delta, polar, and cartesian robots used for semiconductor
manufacturing and secondary applications are considered in the scope of the
report. The global robotics market in the semiconductor industry has witnessed
growth due to the increase in the demand for sophisticated electronic products.
The global economy is improving, thereby leading to the growth in the
disposable income and demand for high-end electronic products and semiconductor
devices. The semiconductor industry is growing in terms of developments in manufacturing
and productivity. The industry is adopting advanced manufacturing methods that
boost the productivity of the operations. Also, the industry is focused on the
quality of the product and maximum optimization of the operational cost,
thereby resulting in the increasing adoption of industrial robots.
Covered in this
report
The report covers the present scenario and the growth
prospects of the global robotics market in semiconductor industry for
2017-2021. To calculate the market size, the report considers the revenue
generated from the sales of robotics in the semiconductor industry.
Browse full table of contents and
data tables at https://www.marketresearchnest.com/global-robotics-market-in-semiconductor-industry-2017-2021.html
The market is divided into the following segments based
on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Robotics Market in
Semiconductor Industry 2017-2021, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also
includes a discussion of the key vendors operating in this market.
Technavio recognizes the following companies as the key
players in the global robotics market in semiconductor industry: ABB, FANUC,
Kawasaki Robotics, KUKA, Stäubli, and Yaskawa Electric.
Other Prominent Vendors in the market are: Acieta,
Bastian Solutions (Part of Toyota Industries Corporation), Comau (FCA), and
Universal Robots.
Commenting on the report, an analyst from Research team
said: “The latest trend gaining momentum in the market is Interconnected robots
for semiconductor industrial automation. The designing and development process
of industrial robots involve the combination of advanced technology and
sophisticated components. These robots are constructed in a specific way to
offer more flexibility in terms of vision, movement, installation, programming,
software updates, and the use of multiple applications. These features of
industrial robots make them appropriate for the highly diversified
semiconductor industry which involves the manufacture of components of various
size, shapes, weights, and technology. The arm movement of industrial robots
used in the semiconductor industry has high reachability, besides being incorporated
with vision technology. This allows the robots to execute applications
involving small and tiny components with soldering, welding, sealing, and
dispensing needs.
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According to the report, one of the major drivers for
this market is Cost-effective flexible automation. Industrial automation is
transforming from fixed to flexible where industries are preferring industrial
robots over traditionally used automated machines. The transformation in the
semiconductor industry is witnessed in terms of manufacturing where an
automated assembly of chips and components is performed. Hiring industrial
workers adds to the cost of the company and compromises the health and safety
of employees, thereby accounting for increased operational cost. However, industrial
robots are a one-time investment and are more efficient than industrial
workers.
Further, the report states that one of the major factors
hindering the growth of this market is Cost-intensive nature of robotic
technology. Industrial robots designed and developed for the semiconductor
industry are cost-intensive due to the advanced components. The electronic and
mechanical components incorporated in robots are advanced and prove expensive
due to software licenses and their renewal. Due to this, the cost-conscious
end-users display resistance in adopting the cost-intensive technology used in
industrial robots. In addition, awareness regarding robotic technology is
important which could motivate end-users for the investment in advanced
technologies. The cost-intensive technology coupled with inadequate awareness
about the advantages of industrial robots acts as a major challenge to the
global robotics market in the semiconductor industry. Most small-scale
manufacturers find it extremely difficult to bear the cost of investment in the
adoption of robots and therefore prefer to continue with manual operations.
Lack of awareness or short-term vision also acts as a major obstacle to the
growth of the global robotics market in the semiconductor industry.
The study was conducted using an objective combination of
primary and secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors.
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Buying at https://www.marketresearchnest.com/enquirybuy.php?reportid=285108
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