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Europe Used and Refurbished Robots Market Is Expected to Exceed CAGR of 6.66% during 2017-2021: Radiant Insights

The used and refurbished robots market in Europe to grow at a CAGR of 6.66% during the period 2017-2021.
Annesa Saha | 11.10.2017
About Used and Refurbished Robots

Used and refurbished robots are disassembled, inspected, tested for replacement of any mechanical/electrical component, and then reassembled back to their original state. These robots are also called reconditioned robots. Used and refurbished robots market in Europe is segmented on the basis of application, end-user, and geography. In the wake of transforming manufacturing processes worldwide, industrial robots are gaining a lot of traction from industrial users. The introduction of Industry 4.0 by the German government to revolutionize the production is the primary factor due to which artificial intelligence is implemented across factories.

The used and refurbished robots market in Europe to grow at a CAGR of 6.66% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the used and refurbished robots market in Europe for 2017-2021. To calculate the market size, the report considers the sales and installation of used and refurbished robots with software and hardware components.

The market is divided into the following segments based on geography:

• Germany

• UK

• France

• Italy

• Spain

• Sweden

• Finland

• Denmark

Read Complete Report With TOC @ https://www.radiantinsights.com/research/used-and-refurbished-robots-market-in-europe-2017-2021

Used and Refurbished Robots Market in Europe 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 vendorsoperating in this market.

Key vendors

• Autotech Robotics

• Eurobots

• Global Robots

• IRS Robotics

• Robo Traders

Other prominent vendors

• CyberWeld

• IRSA ROBOTICS

• Surplex

• RESER

• RobotShop

Market driver

• Price benefits over new industrial robots

• For a full, detailed list, view our report

Market challenge

• Higher maintenance cost than new industrial robots

• For a full, detailed list, view our report

Market trend

• Adoption of collaborative robots

• For a full, detailed list, view our report

About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

For More Information, Visit Radiant Insights

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