SAN FRANCISCO, July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Shelf-mounted Robots – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
Edition: 6; Released: January 2022
Executive Pool: 429
Companies: 43 – Players covered include ABB Group; FANUC Corporation; Kawasaki Heavy Industries Ltd.; Midea Group Co., Ltd.; Yaskawa Electric Corporation and Others.
Coverage: All major geographies and key segments
Segments: Application (Material Handling, Assembly, Surface Treatment & Finishing, 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 Shelf-mounted Robots Market to Reach $9.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Shelf-mounted Robots estimated at US$6 Billion, is projected to reach a revised size of US$9.9 Billion by 2026, growing at a CAGR of 8.6% over the analysis period. Material Handling, one of the segments analyzed in the report, is projected to record a 8.2% CAGR and reach US$4.2 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 Assembly segment is readjusted to a revised 9.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $1.7 Billion by 2026
The Shelf-mounted Robots market in the U.S. is estimated at US$2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2026 trailing a CAGR of 8.1% over the analysis period. Among the other noteworthy geographic markets are Japan
Surface Treatment & Finishing Segment to Reach US$1.8 Billion by the year 2026
In the global Surface Treatment & Finishing segment, USA, Canada, Japan, China and Europe will drive the 9.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$831.1 Million will reach a projected size of US$1.6 Billion 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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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.
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