Robotic Process Automation for Smartphone Manufacturing Market 2018 Sales Revenue, Historical Analysis and Industry Growth with 30% of CAGR by Forecast 2023

Market Research Future
Market Research Future published a research report on “Robotic Process Automation for Smartphone Manufacturing Market Research Report – Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

Companies such ABB Ltd. (U.S.), Seiko Epson Corporation (Japan), Yaskawa Electric Corporation (Japan), Denso Wave Incorporation (U.S.), and KUKA Robotics (Germany) are the leading providers of robotic process automation for smartphone manufacturing in the global market. ABB is one of the leading and well-established supplier of robots, equipment, and robotic software. Recently, in November 2017, ABB has unveiled dual-arm industrial robot named “Yumi” which is expected to improve productivity of factory floor process as it would be easy to integrate into existing assembly lines. The industry is witnessing various other trends as well, which are discussed in report in detailed manner.

The global Robotic Process Automation for Smartphone Manufacturing Market is likely to be valued around $600 million in 2016. This market is expected to grow at a CAGR of 30%. The changing consumer market has built high need of deployment of technically advanced automation process in manufacturing and production process of an industry. Flexible production system with high end IT enabled process provides fast, and safe production process which is efficient, flexible, reliable and cost-effective solution.  The economic pressure which affects performance and growth of an industry is the one of the factor behind utilizing industrial automation process. Earlier, factory owners have to physically monitor and control performance value and quality of outputs to determine the best possible way of manufacturing process. The inefficiency and unsafe operating conditions thereby encouraged industrialist to deploy automation solutions to deliver highest output with low frequency of errors in the final product. The major advantage of automation over conventional manufacturing process include high throughput or productivity, improvement in quality and robustness of a process or product and reduction of direct human labor cost and expenses. This is another major reason for the high growth of this market. However, scarcity of investment by small & medium size industry, and less availability of trained professional in developing economies can hinder the market growth up to some extent.

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Key Players

Some of the prominent players in the global robotic process automation for smartphone manufacturing market: Broadcom Limited (U.S.), Samsung Electronics Co. Ltd. (South Korea), Huawei Technologies Co. Ltd. (China), LG Corporation (South Korea),Foxconn Technology Group (Taiwan), Fanuc Corporation (Japan), ABB Ltd. (U.S.), Seiko Epson Corporation (Japan), Nachi Robotic System Inc. (U.S.), Nice Systems Ltd. (Israel), Pegasystems (U.S.), Redwood Software (U.S.), Yaskawa Electric Corporation (Japan), Denso Wave Incorporation (U.S.), and KUKA Robotics (Germany).

The robotic process automation for smartphone manufacturing market is currently dominated by a few players. ABB Ltd is one of them, by holding the largest market share as of 2016. The company has its major operation across offices located in France, Germany, UK, Italy, Canada, U.S., Mexico, Middle East & Africa, Australia, China, India, Japan, New Zealand, South Korea, Singapore, and others. The company operates through segments such as electrification products, discrete automation & motion, process automation, power grids and other operating divisions. The discrete automation & motion business segments offers robots, controllers, software systems, complete robot automation systems to large number of industry verticals

KUKA Robotics AG is another leading company in the Robotic Process Automation for Smartphone Manufacturing market with second highest share. KUKA is a German based company founded in 1898. The company is engaged in providing solutions for the automation of industrial production processes. The company provides services in mechanical and systems engineering. KUKA operates in Europe, Asia and Oceania, North America, and South America. The company operates through three major segments: systems, robotics, and Swiss log. The company’s robotics segment supplies industrial robots to the industry sector, mobile platforms, control systems, and software solutions.

Seiko Epson Corporation holds the third largest market share as of 2016. The company is engaged in the manufacturing and sale of inkjet printers, digital printing systems, projectors, industrial robots, smart glasses, sensing systems, and other products. The company operates its business through three business segments: printing solutions; visual communications; and wearable and industrial products. The company primarily operates in Japan, US, China and rest of the world. The company’s Robotics solutions business uses advanced precision mechatronics and other technologies to develop, manufacture, and sell industrial robots and other production systems.

Yaskawa Electric Corporation holds the fourth spot in the robotic process automation for smartphone manufacturing as of 2016. The company operates through four business segments namely motion control, robotics, system engineering, and others. Robotics segment include arc & spot welding robots, painting robots, welding robots and Dual-arm robots suitable for biomedical applications.

Segmentation:

The global robotic process automation for smartphone manufacturing market is segmented into robot type, component, organization size and region. The robot type is segmented into Cartesian, SCARA, Articulated, Delta, 6-Axis Robots, Redundant, Dual-Arm, Parallel and others. The component are further segmented into motors, generators, motor controls, automation equipment, and power transmission equipment. The organization size are segmented into small & medium and large enterprises.

Regional Analysis:

The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world. The regional analysis of robotic process automation for smartphone manufacturing market is being studied for region such as Asia pacific (China, Japan, India), North America (U.S, Mexico, Canada), Europe (U.K, Germany) and Rest of the World. North America is one of the leading regions across the world in terms of market share. The robotic process automation for smartphone manufacturing market in this region has a huge demand due to high growth in IT industry, and increasing adoption of smartphone by consumers. The robotic process automation for smartphone manufacturing market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging market for robotic process automation for smartphone manufacturing market is expected to be the highest CAGR in the coming years.

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Intended Audience

  • Robotic process automation for smartphone manufacturing companies
  • Robotic process automation for smartphone manufacturing providers
  • Technical universities
  • System integrators
  • Professional service providers
  • Research and development companies
  • Market research and consulting firms
  • Solution providers
  • Technology standards organizations
  • Technology investors
  • System Integrators

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