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Global Fiberglass Cutting Robots Market to Grow at a CAGR of 10.5%, 2017-2021 with ABB, Fanuc, Kawasaki Heavy Industries, KUKA & Yaskawa Motoman Leading the Way - Research and Markets

[August 23, 2017]

Global Fiberglass Cutting Robots Market to Grow at a CAGR of 10.5%, 2017-2021 with ABB, Fanuc, Kawasaki Heavy Industries, KUKA & Yaskawa Motoman Leading the Way - Research and Markets

The "Global Fiberglass Cutting Robots Market 2017-2021" report has been added to Research and Markets' offering.

The global fiberglass cutting robots market to grow at a CAGR of 10.56% during the period 2017-2021.

The report, Global Fiberglass Cutting Robots Market 2017-2021, 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.

According to the report, one of the major drivers for this market is the growing usage of fiberglass in automotive plants. Aluminum is gradually losing the popularity in the automotive industry due to the presence of dimpling effect on the body. Additionally, aluminum is highly susceptible to corrosion that weakens the strength of the end-product over the time period.

Thus, the autmotive industry is inclined more toward using fiberglass due to its high strength and low corrosion property. Similarly, fiberglass does not provide any simple effect on an automobile body. As the use of fiberglass is surging in the automotive industry, it also creates a complementary market for cutting tools. Fiberglass cutting robots are gradually proving their benefit over CNC machines in terms of productivity and cycle time in the automotive sector.

Key vendors