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NEW YORK , April 15, 2022 /PRNewswire/ -- The latest grinding robots market report by Technavio infers that the advantages of grinding robots over CNC machines is driving this market's growth, resulting in market growth of USD 51.97 million from 2021 to 2026.
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The grinding robots market is fragmented and the vendors are deploying growth strategies such as technological innovations to compete in the market. 3M Corp., ABB Ltd., Accord Corp., Acme Manufacturing, Danbach Robot Jiangxi Inc., Daru Technology Suzhou Co. Ltd., Epica International Inc., FANUC Corp., Force Robots, Heinz Berger Maschinenfabrik GmbH and Co. KG, Kawasaki Heavy Industries Ltd., MESH Automation Inc., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., PushCorp Inc., Reichmann and Sohn GmbH, Seiko Epson Corp., Teqram BV, and Yaskawa Electric Corp., among others, are some of the few key vendors competing to maintain their market position in the market.
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APAC will contribute to 56% of the market growth during the forecast period. The growth of this region can be attributed to favorable government legislation and investments. If we look at the country-wise market growth, China and Japan will contribute to the highest market growth.
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Latest Trends and Drivers in the Grinding Robots Market
These advantages include the relatively lower investment costs, ergonomic benefits due to the smaller footprint of robots, and the ability for grinding robots to carry out other preceding and subsequent multiple applications such as material handling.
Improvements in grinding robots will include the use of enhanced force control sensors so that the robot slows down to prevent the breaking of the material removal tool and then repositions itself to take off smaller amounts of material automatically in order to maintain the surface finish.
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Accelerate at a CAGR of 6.73%
APAC, Europe, North America, Middle East and Africa, and South America
US, China, Japan, Germany, and France
Leading companies, Competitive strategies, Consumer engagement scope
3M Corp., ABB Ltd., Accord Corp., Acme Manufacturing, Danbach Robot Jiangxi Inc., Daru Technology Suzhou Co. Ltd., Epica International Inc., FANUC Corp., Force Robots, Heinz Berger Maschinenfabrik GmbH and Co. KG, Kawasaki Heavy Industries Ltd., MESH Automation Inc., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., PushCorp Inc., Reichmann and Sohn GmbH, Seiko Epson Corp., Teqram BV, and Yaskawa Electric Corp.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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