Global Industry Analysts, Inc., (GIA) is one of the largest market research companies in the United States. It offers facts, figures, forecasts and marketing trends. Not only does GIA provide business intelligence on many companies, it provides clients Global Strategic Business and Market Trend Reports. Recently, they announced “A Global Strategic Business Report on the Industrial Robotics” market.
According to the report by GIA on February 27, 2012, the global industrial robotics market is projected to reach 204 thousand units by the year 2017, compared to last year’s report on January 10, 2011 that spoke of 143 Thousand Units by 2015. GIA’s report indicates the increase in units of Industrial Robotics, which follows these end-use segments: Assembly, Material Application, Material Handling (Palletizing/Packaging, & Parts Transfer), Measuring/Inspecting/Testing, and Welding, is the result of the strong growth in Asia-Pacific, especially South Korea and China. The report also refers to the handling production of electronic products, and the outcome of incremental technology developments in chip design that has helped transform the robotics industry... Read More
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