Highlights of the vacuum generator market for industrial robots are:

Overview of the global vacuum generator market for industrial robots

The global vacuum generator market for industrial robots is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. The growing use of robots in machine tools sector will drive the growth prospects for the global vacuum generator market in the forthcoming years. Some of the major vacuum generator market for industrial robots drivers responsible for the increasing preference for using robots in manufacturing units is the growing demand for superior quality products due to globalization and the recent population boom. Also, robots are being used in various areas such as technology, hardware, software, services, and the communication protocol used for automation. In addition, a large number of mid and small-scale industries are increasingly using numerical control (NC) and computerized numerical control (CNC) machines over conventional and manually controlled machines in developed and developing countries that use programmed commands and computers to enhance the productivity, in turn, proliferating the vacuum generator market for industrial robots growth. Moreover, the use of NC and CNC machines reduces the time and human effort, improves productivity and profit margins, and shows a positive impact on resource regulation and loss control, and also enhances the quality of the end-product. Furthermore, adopting process automation enables the manufacturing companies to increases its competitive edge and reduce costs through the displacement of staff.

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According to the vacuum generator market for industrial robots analysis, the increasing demand for commercial aircraft will drive the growth prospects for the global vacuum generator market for the next four years. The growing demand for commercial aircraft will increase the manufacturer’s investments in capacity expansion and will subsequently drive the demand for industrial automation solutions, including robots.

Competitive landscape and key vendors

The global vacuum generator market for industrial robots is moderately fragmented and highly competitive due to the presence of a large number of regional and international vendors across the globe. Also, several regional and local vendors are increasingly focusing on manufacturing and offering the customized and energy-efficient vacuum generators at lower prices.

Key vendors in this market are -

• Festo
• Parker Hannifin
• Schmalz
• SMC

Other prominent vendors in the market include A.M.C. Vacuum Solutions, Air-Vac Engineering, COVAL, DESTACO, EXAIR, Gast Manufacturing, Gardner Denver Thomas, HITOP Automation Machinery, Mazda, Piab, Provoast Automation Controls, Tuthill, Unijet Pneumatics, VACGEN, Vacuforce, and YUEQING BETRE AUTOMATION.

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Segmentation by end-user and analysis of the vacuum generator market for industrial robots

• Automotive
• Machine shops
• Aerospace and defense
• Medical devices

The automotive industry accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the market segment’s growth is the rising demand for vacuum generators that are used by the robots for manufacturing and assembling automotive components.

Segmentation by geography and analysis of the vacuum generator market for industrial robots

• Americas
• APAC
• EMEA

In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market until the end of 2021. The market in the region comprises of low-cost manufacturing hubs, which are involved in the large-scale production and incorporation of industrial robots and automation technologies to achieve quality large-scale production volumes.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global vacuum generator market for industrial robots?
• What are the key market trends impacting the growth of the global vacuum generator market for industrial robots?
• What are the challenges to market growth?
• Who are the key vendors in the global vacuum generator market for industrial robots?
• What are the market opportunities and threats faced by the vendors in the global vacuum generator market for industrial robots?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global vacuum generator market for industrial robots?

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