Global Automotive Industrial Robotics market to grow at a CAGR of 4.81 percent

TechNavio's analysts forecast the Global Automotive Industrial Robotics market to grow at a CAGR of 4.81 percent over the period 2012-2016. One of the key factors contributing to this market growth is increasing factory automation across the globe. The Global Automotive Industrial Robotics market has also been witnessing the increasing adoption of industrial flexible manufacturing systems. However, the high initial investment required for the installation of industrial robots could pose a challenge to the growth of this market.Global Automotive Industrial Robotics Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it covers the Global Automotive Industrial Robotics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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