Global Robotic Simulator Market 2019-2023 | Evolving Opportunities with ABB and FANUC | Technavio
Summary
LONDON--(BUSINESS WIRE)--The global robotic simulator market is poised to grow by USD 622.69 million during 2019-2023, progressing at a CAGR of over 11% during the forecast period. Furthermore, it helps in fine-tuning and customizing the robotic design to ensure the system will fit seamlessly with existing production processes and equipment. The company offers RobotStudio, which is a software that allows very realistic simulations to be performed using real robot programs and configuration files identical to those used on the shop floor. The company’s offerings include KUKA.Sim, a software that helps in optimizing the use of systems and robots and achieve a higher level of flexibility and productivity. Siemens operates its business through various segments, such as power and gas, energy management, building technologies, mobility, digital factory, process industries and drives, financial services, and healthineers.