RnRMarketResearch.com adds a new research report Global Robot Controllers Market 2016-2020. This report, Global Robot Controllers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The analysts forecast global robot controllers market to grow at a CAGR of 7.03% during the period 2016-2020.
Complete report available @ http://www.rnrmarketresearch.com/global-robot-controllers-market-2016-2020-market-report.html
Robots are critical components in the fourth industrial revolution. The widespread use of industrial robots and robot controllers is expected to reduce the total cost of labor in the manufacturing industry by at least 15% globally by 2025. The output in terms of labor and productivity can improve by a minimum of 20%. The International Federation of Robotics estimates that as many as 1.3 million industrial robots are likely to be installed globally between 2015 and 2018.
The report covers the present scenario and the growth prospects of the global robot controllers market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.
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