TechNavio’s analysts forecast the Global Industrial Robotics market in the Heavy Machinery industry to grow at a CAGR of 5.67 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to optimize total cost of ownership. The Global Industrial Robotics market in the Heavy Machinery industry has also been witnessing the increasing demand for customized industrial robots. However, the continuous decline in vendor profit margin could pose a challenge to the growth of this market. TechNavio’s report, the Global Industrial Robotics Market in the Heavy Machinery Industry 2012-2016, has been prepared based …
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