LeapZipBlog: Market-NewsFlash's blog: This Is How Robotic Process Automation for Smartphone Manufacturing Market Will Grow By 2023

This Is How Robotic Process Automation for Smartphone Manufacturing Market Will Grow By 2023

December 11, 2019 by Market-NewsFlash  

Reporting on Robotic Process Automation for Smartphone Manufacturing Market’s future with today’s facts

Global Robotic Process Automation for Smartphone Manufacturing Market Research Report: Information by Robot Type (Cartesian, SCARA, Articulated, Delta, 6-Axis Robot, Redundant, Dual Arm and Parallel), by Component (Motor, Generators, Motor Controls, Automation Equipment and Power Transmission Equipment), by Organization Size (Small & Medium Enterprise and Large Enterprise) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) — Forecast till 2023

Robotic Process Automation for Smartphone Manufacturing Market Overview

The Global Robotic Process Automation for Smartphone Manufacturing Market is expected to grow from USD 807.9 million in 2017 to USD 3992.6 million by 2023, at a CAGR of ~30.5% during the forecast period of 2018 to 2023. North America accounted for the most considerable market value of USD 294.19 million in 2017; the market is expected to register a CAGR of 31.29% during the forecast period.

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Global Robotic Process Automation for Smartphone Manufacturing Market Segmentation

The global robotic process automation for smartphone manufacturing market is segmented into robot type, component, organization size and region. The robot type is segmented into Cartesian, SCARA, Articulated, Delta, 6-Axis Robots, Redundant, Dual-Arm, Parallel and others. The component are further segmented into motors, generators, motor controls, automation equipment, and power transmission equipment. The organization size are segmented into small & medium and large enterprise. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.

Regional Analysis:

The global robotic process automation for smartphone manufacturing market is studied on the basis of four regions: the North America, Europe, Asia Pacific, and Rest of world. North America region is dominating the global robotic process automation for smartphone manufacturing market. The robotic process automation for smartphone manuafcturing market is witnessing a high growth due to huge demand of robotic process automation for smartphone manufacturing. Asia Pacific is expected to witness the highest CAGR in the coming years due to increasing demand for consumer electronics products such as smartphones, high demand for outsourcing services and leading market such as China, South Korea and Japan.

Key Players: 

The prominent companies such as Broadcom Limited (U.S.), Samsung Electronics Co. Ltd. (South Korea), Huawei Technologies Co. Ltd. (China), LG Corporation (South Korea),Foxconn Technology Group (Taiwan), Fanuc Corporation (Japan), ABB Ltd. (U.S.), Seiko Epson Corporation (Japan), Nachi Robotic System Inc. (U.S.), Nice Systems Ltd. (Israel), Pegasystems (U.S.), Redwood Software (U.S.), Yaskawa Electric Corporation (Japan), Denso Wave Incorporation (U.S.), and KUKA Robotics (Germany).

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