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INDUSTRIAL ROBOTICS MARKET ANALYSIS

Industrial Robotics Market, By Type (Cartesian, Articulated, Cylindrical, SCARA, and Others), By Industry (Electrical & Electronics, Automotive, Machinery, Chemical, Rubber & Plastics, Food & Beverages, Metals, Precision & Optics, and Others), By Function (Materials Handling, Milling, Cutting and Processing, Soldering and Welding, Painting and Dispensing, Assembling & Disassembling, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • In February 2023, Mitsubishi Electric Corporation announced a US$ 223 million investment to construct a new factory in India, showcasing its commitment to expanding its manufacturing capabilities
  • In October 2022, Yaskawa Electric Corporation inaugurated a new Robotics Technology Centre in Turkey, further strengthening its presence in the region
  • In July 2022, Fanuc Corporation announced the expansion of its U.S. manufacturing plant in Michigan, adding nearly two million square feet, including a state-of-the-art facility for manufacturing, engineering, and R&D projects. Fanuc Corporation is a leading provider of industrial automation and robotics solutions globally.
  • In February 2022, Yaskawa Electric Corporation introduced HC10DTP and HC20DTP, two collaborative robots for industrial applications, specializing in material handling, assembly, dispensing, packaging, machine tending, and welding applications.
  • In January 2022, Fanuc Corporation introduced a new robot, M-1000iA, designed for handling heavy loads in the construction material, automotive components, and electric vehicle material handling sectors

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