Foundry robots are revolutionizing foundry operations due to their ability to enhance productivity with high speed and efficiency with minimal wastage. Metal casting, automobile, and semiconductor foundries are the three main industries in which foundry robots play a major role in operations.
The metal foundry industry accounted the largest share of the global foundry and forging robots market and is likely to continue its dominance during the forecast period as well. Several ongoing and planned investments in the manufacturing and power plant construction projects require various industrial machinery and products that are made of metal components and parts molded from metal foundries. The increase in demand for metal components will increase the demand for forging robots from these foundries as they primarily use robots to achieve increased production rate, improve quality, and maintain standardization.
The APAC will dominate the global foundry and forging robots market. The presence of major countries such as China, Japan, South Korea Taiwan, and India that are increasingly adopting foundry and forging robots in their foundries will drive the growth of the market in this region. This region is currently witnessing the exponential growth of several industries such as construction, power, chemicals, oil and gas, and other manufacturing sectors that require industrial equipment and machinery that use various metal components and parts. Additionally, the growth of the manufacturing sector in China and India will also increase the adoption of industrial robotics in the next few years.
The Foundry and Forging Robots market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Foundry and Forging Robots.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The following manufacturers are covered in this report:
- Omron Adept Technologies
- Yaskawa Electric
- Yamaha Robotics
- Staubli Robotics
- TecnoMatic Robots
- Alfa Robot
- Epson Robotics
- Hans Hundegger
- Kawasaki Heavy Industries
- Sepro Robotique
– Table of Contents
– List of Tables & Figures
– Research Methodology
Foundry and Forging Robots Breakdown Data by Type
- Electric Drive Robots
- Hydraulic Robots
Foundry and Forging Robots Breakdown Data by Application
- Automotive Industry
- Metal Foundry Industry
- Semiconductor Foundry Industry
Foundry and Forging Robots Production by Region
- United States
- Other Regions
Key questions addressed by the report:
- Where will all these developments take Foundry and Forging Robots in the mid- to long-term?
- What are the upcoming technological trends in the Foundry and Forging Robots market?
- What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?
- How growth strategies implemented by key players will impact the growth rate of the Foundry and Forging Robots market, and who will have the undue advantage?
- What are the current adoption trends of the Foundry and Forging Robots market?
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