World News: 11:08 GMT Tuesday 3rd December 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Dec. 03, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. Global material handling robotics market is expected to reach $53.9 billion by 2026 in terms of robot systems (including hardware, software, and service), representing a CAGR of 11.89% during 2019-2026.The software market will grow at 13.6% annually over the forecast years, faster than hardware and service segments. The annual shipment is expected to exhibit a CAGR of 16.37% during the same period, advancing to 598.69 thousand units by 2026.The report provides historical market data for 2015-2018, revenue estimates for 2019, and forecasts from 2020 till 2026. This report is based on a comprehensive research of the entire global material handling robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global material handling robotics market in every aspect of the classification from perspectives of Offering, Robot Type, Application, Industry Vertical, and Region.
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue and unit shipment are available for 2015-2026. The breakdown of all regional markets by country and split of key national/local markets by Robot Type, Application, and Industry Vertical over the forecast years are also included.The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global material handling robotics market are assayed quantitatively and qualitatively through the Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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Globe Newswire: 11:08 GMT Tuesday 3rd December 2019
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