during the forecast period. The oxygen-free copper market has grown considerably in recent years owing to the growth in the electronics & electrical and automotive industries worldwide. The rising demand for high-quality materials in the aerospace, defense, and transportation industries along with the development of the electronics market in the emerging economies, such as China, Brazil, and India has accelerated the growth in the market.New York, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Oxygen-Free Copper Market by Grade, Product Form, End-use Industry, & Region - Global Forecast to 2025" - https://www.reportlinker.com/p05090292/?utm_source=GNW In terms of value & volume, Wire segment is projected to lead the oxygen-free copper market in 2019.The wire segment is projected to lead the oxygen-free copper market, in terms of both value & volume, during the forecast period.Oxygen-free copper wires are most frequently used in high-end audio and video systems and for individual oxygen-free copper wiring custom assemblies.Oxygen-free copper is used for speaker wires, audio/video cables, assemblies, and amplifier wires. Oxygen-free copper wires have advantages, such as higher conductivity and ability to transfer low-frequency sounds over normal copper wires.The automotive segment is projected to be the fastest-growing segment by end-use industry throughout the forecast period.The automotive segment is projected to be the fastest-growing segment by end-use industry throughout the forecast period.The sales of EVs have been increasing globally, especially in developed regions like North America and Europe.The growing concerns over environmental pollution is driving the market of these vehicles worldwide.The increase in EV sales is also driven by favorable government policies and subsidies and heavy investments from automakers.According to International Energy Agency (IEA), the sales of electric cars reached were 2.1 million units, globally, in 2019, surpassing 2018 sales to boost the total number of EVs currently on the road to 7.2 million.In terms of both value and volume, the Asia Pacific oxygen-free copper market is projected to grow at the highest CAGR during the forecast period.Asia Pacific is a major consumer of oxygen-free copper accounting for the largest share in the oxygen-free market.This region is a prospective market for the growth and demand of the electronics & electrical and automotive, among other industries.Countries in this region such as Japan, China, Korea, Taiwan, India, and Singapore are primary centers for manufacturing and sale of electrical & electronic goods, which are the major end users of oxygen-free copper. The Asia Pacific region is a lucrative market for automobiles and is witnessing a shift toward EVs, such as Hybrid Electric Vehicles (HEVs).China is a major market for oxygen-free copper in the Asia Pacific region, owing to the high production as well as consumption of electrical & electronic goods.Japan is a technologically-advanced country and is also a significant market for this copper type.China and India have become the principal centers for manufacturing and assembling of electronics & electrical and automotive products.In addition, the growing e-commerce industry in Asia Pacific has accelerated the demand for electronic goods.Asia Pacific offers cheap labor and availability of raw materials, which eventually reduces the manufacturing cost of producers.The high population in China and India and increasing standards of living have attracted foreign investments in the manufacturing sector in this region.Thus, the growing demand from the Asia Pacific region is expected to be a major market driver.•?By Department: Sales/Export/Marketing: 54%, Production: 23%, and CXOs: 23%•?By Designation: Managers: 61%, CXOs: 23%, and Executives: 16%•?By Region: North America: 33%, Europe: 27%, Asia Pacific: 25%, Middle East & Africa: 10%, and South America: 5%The global oxygen-free copper market comprises major manufacturers, such as KGHM Polska Miedz SA (Poland), Hitachi Metals Neomaterials Ltd. (Japan), Zhejiang Libo Holding Group (China), Mitsubishi Materials Corporation (Japan), Metrod Holdings Berhad (Malaysia), Aviva Metals (US), KME Germany GmbH (Germany), and Sam Dong (South Korea).Research CoverageThe market study covers the oxygen-free copper market across various segments.It aims at estimating the market size and the growth potential of this market across different segments based on grade, product form, end-use industry, and region.The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the oxygen-free copper market.Key Benefits of Buying the ReportThe report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall oxygen-free copper market and its segments and sub-segments.This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies.The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.Read the full report: https://www.reportlinker.com/p05090292/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
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during the forecast period. Steady deployment of robots in manufacturing industries is facilitating the growth of robotic education and training centers. Growing demand for collaborative robots across education and industry segments is expected to promote new job opportunities in the industrial robot segment as well.New York, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Educational Robot Market with COVID-19 Impact Analysis by Type, Component, Education Level And Region - Global Forecast to 2026" - https://www.reportlinker.com/p05376212/?utm_source=GNW Meanwhile, research and development on humanoid robots to transform the service industry. The introduction of industrial robot programming in high school education and the development of humanoid robots for children with special needs are expected to provide market opportunities for educational robots.Market for service robots expected to maintain higher CAGR during the forecast period.Service robots has been categorized into humanoid and non-humanoid robots.Humanoid robots are one of the most complex type of robots with regards to mechanical function as well as programming.Non-humanoid robots generally offer greater build creativity for robot builders and programmers. Advanced research conducted on humanoid robots with AI functionality for real-world service applications as well as the modernization of educational curriculum through robotics are factors for the high growth of the service robots market throughout the forecast period.Hardware component in educational robots to have a larger share of the market throughout the forecastThe educational robotic hardware system comprises different electrical, electronic, and mechanical components.Hardware is the primary component of any educational robot.Industrial and service robots have different hardware functions.Industrial robot hardware is built for speed, repeatability, and handling large payloads.Service robot hardware on the other hand is built for dexterity and intelligent motion.Higher education segment to hold largest share of the market in 2021Higher education segment is expected to hold the largest share of the market in 2021.In higher education, robotics is generally a specialized course that involves expensive industrial and humanoid robots.For graduate-level programs, significant research is taking place for precise object manipulation and locomotion in humanoid robots.Researchers are developing robotic hands that mimic human hands and robot legs that are capable of advanced locomotor activities, such as jumping, climbing, and balancing.Extensive studies are also being conducted on AI for robots to overcome some of their shortcomings. Due to the high cost of robots used in higher education, the segment is expected to hold the largest market share in 2021, in terms of value.North America to hold significant share of the market during forecast periodNorth America is expected to hold the largest share of the market for educational robots during forecast period.The region has a large number of schools and universities that offer various types of dedicated robotics courses.Countries such as the US and Canada also have a number of dedicated industrial robot training centers set up by robotic companies, which will contribute to the size of the overall market.North America is expected to be the most-affected region as a result of the pandemic while Europe is expected to be the least affected.Rising COVID-19 cases in the US is most likely to lead to the extended closure of schools and universities, leading to long-term disruption in the educational robot market.The number of COVID-19 cases were considerably low in countries like Germany and France, and the governments of these countries kept most schools open throughout 2020. However, other portions of Europe, such as the UK and Italy, will likely face significant disruptions in the market.In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the educational robot market space. The break-up of primary participants for the report has been shown below:• By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%• By Designation: C-level Executives – 40%, Directors – 40%, and Others – 20%• By Region: North America –40%, APAC– 30%, Europe – 20%, and RoW – 10%The report profiles key players in the educational robot market with their respective market ranking analysis. Prominent players profiled in this report are ABB (Switzerland), FANUC (Japan), YASKAWA (Japan), KUKA (Germany), Universal Robots (Denmark), Softbank Robotics Group (Japan), Hanson Robotics (China), ROBOTIS (South Korea), Robolink (US), Probotics America (US), ROBOTERRA (US), Hyulim Robot (South Korea), Techman Robot (Taiwan), DJI (China), Seiko Epson (Japan), PAL Robotics (Spain), UBTECH Robotics (China), Pitsco (US), Sanbot Innovation (China), Wonder Workshop (US), Aisoy Robotics (Spain), Neuron Robotics (US), Photon Entertainment (Poland), Modular Robotics (US), Primo (UK), Digital Dream Labs (US), and Emotix (India).Research Coverage:This research report categorizes the educational robot market on the basis of type, component, education level, and geography.The report describes the major drivers, restraints, challenges, and opportunities pertaining to the educational robot market and forecasts the same till 2026 (including analysis of COVID-19 impact on the market).Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the educational robot ecosystem.Key Benefits of Buying the ReportThe report would help leaders/new entrants in this market in the following ways:1. This report segments the educational robot market comprehensively and provides the closest market size projection for all subsegments across different regions.2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers and acquisitions.4. The analysis of the top 25 companies, based on the strength of the market rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.5. Patent analysis, trade data, and technological trends that will shape the market in the coming years has also been covered in this report.Read the full report: https://www.reportlinker.com/p05376212/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
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