SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Robotics System Integration - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 6; Released: April 2021 Executive Pool: 388 Companies: 38 - Players covered include Acme Manufacturing Company; Amtec Solutions Group, Inc.; Applied Manufacturing Technologies; Ark Kontrol Robotik Otomasyon Sistemleri Tic. Ltd. Sti,; Automation & Robotic Technologies; Concept Systems Inc.; Dynamic Automation Inc.; Evomatic AB; FH Automation; Fitz-Thors Engineering, Inc.; GeKu Automation; Genesis Systems Group, LLC; Haden & Custance Ltd.; Hytec Industry Automation; Innovative Automation, Inc.; JH Robotics, Inc.; JR Automation Technologies, LLC; KC Robotics, Inc.; Marti Systeme AG; MesH Engineering GmbH; Mexx Engineering; Midwest Engineered Systems, Inc.; Motion Controls Robotics, Inc.; NIS Ltd.; NOA Sistemas SA de CV; Peak Analysis and Automation Ltd.; Phoenix Control Systems Limited; Plamex Automation AB; R U Robots Limited; Remtec Automation, LLC.; RobotWorx; Scott Automation and Robotics; Technica International SAL ( Lebanon); The Automated Technology Group Ltd.; TW Automation; United Robotics Inc.; Van Hoecke Automation; Wolf Robotics, LLC and Others. Coverage: All major geographies and key segments Segments: Application (Material Handling, Welding, Assembly Line, Other Applications) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Robotics System Integration Market to Reach $5 Billion by 2026Amid the COVID-19 crisis, the global market for Robotics System Integration estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$5 Billion by 2026, growing at a CAGR of 11.3% over the analysis period. Material Handling, one of the segments analyzed in the report, is projected to record a 12.4% CAGR and reach US$3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Welding segment is readjusted to a revised 9.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $878.5 Million in 2021, While China is Forecast to Reach $883.9 Million by 2026The Robotics System Integration market in the U.S. is estimated at US$878.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$883.9 Million by the year 2026 trailing a CAGR of 10.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10% and 9.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
Assembly Line Segment to Reach US$847.2 Million by the year 2026In the global Assembly Line segment, USA, Canada, Japan, China and Europe will drive the 10.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$360 Million in the year 2020 will reach a projected size of US$738.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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