Robotics Market Applications, Demand, Growth, Techniques, Overview, Segmentations, Classifications & Forecasts to 2027

Research Reports

May 24, 2022

Globally, the robotics market has been expected to grow at the market value of USD 214.68 million with a CAGR value of the forecast period of 2030. The development of technology has brought less interaction among humans with advanced automation. The robotics market is a very important market that has advanced features and is adopted for certain other industrial works. Robotics work combines with technology and follows engineering techniques like mechanical engineering, electrical engineering, electronics, and other domains. This robotics market plays a very significant role in both industrial and operational activities. As per the growing market trends, the demand for the market has been increasing due to its certain benefits. A rise in investment has been implemented among the end-users and certain other governments present in the market.

A certain rise in factors includes a high rise in concern and certain development of a certain energy-efficient system along with high competition. A certainly rise in advanced technology, and automation has risen the market size. The automotive industries are some of the major users of commercial and industrial robots used for critical applications. The rise in investment critically has helped in the improvement of market size. The robotics technologies has can perform certain operations which change the dimensions of the machines and their calibration.

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Robotics Market segmentation

The market is being classified based on type, end-users, and mobility. As per the robotics segment, the market has been classified into selective compliance articulated robot arm, cylindrical, cartesian, parallel, and many more. Based on the mobility segment, the robot segment holds a huge CAGR market value as it has been used for both commercial and industrial purposes.

As per the end-user segment the industry is being classified into logistics, entertainment, field, defense, manufacturing, public safety, and many more. The manufacturing unit is the largest segment where it is found to dominate a large market value during the forecast period. It is because of the rise in adoption of robots used in certain manufacturing processes which reduces the costs of labor.

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Robotics Regional Classification

Globally, the market extends to different key regions of South America, Europe, North America, Asia Pacific, and some regions in the rest of the world. The Asia Pacific region has been said to be the most dominating region where it covers the market share. Increase in small factory setup and rise in industrial automation. The United States is the most dominating region, adopting different robots. The European region has been witnessed where the demand for robots has increased. The educational and industrial robots are manufactured in Denmark, Sweden, Italy, and Germany. The regional market presence in the European region has raised the adoption rate of the market in both industrial and domestic spaces. The rise in growth and some of the developmental activities are rising in the regional market.

Robotics Industry News

Some of the key players so playing here are Boston Dynamic of US, Mitshubishi Corp of Japan, KUKA AG of Germany, ABB Group of Switzerland, DENSO Corp of Japan, Honda Motor Co. Ltd of Japan, Kawasaki Heavy Industries Ltd of Japan, Northrop Grumman Corp of the US, Fanuc Corporation of Japan, iRobot Corp of the US, and others.

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TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 15

1.1 MARKET SUMMARY 15

2 MARKET INTRODUCTION 17

2.1 DEFINITION 17

2.2 SCOPE OF THE STUDY 17

2.3 MARKET STRUCTURE 17

3 RESEARCH METHODOLOGY 18

3.1 RESEARCH PROCESS 18

3.2 PRIMARY RESEARCH 19

3.3 SECONDARY RESEARCH 20

3.4 MARKET SIZE ESTIMATION 21

3.5 FORECAST MODEL 22

3.6 LIST OF ASSUMPTIONS 22

4 MARKET DYNAMICS 23

4.1 OVERVIEW 23

4.2 DRIVERS 24

4.2.1 GROWTH IN THE ADOPTION OF INDUSTRIAL ROBOTICS 24

4.2.2 DEVELOPMENT OF ARTIFICIAL INTELLIGENCE TECHNOLOGY 24

4.3 RESTRAINT 25

4.3.1 HIGH INITIAL COST AND TECHNICAL COMPLEXITY 25

4.4 OPPORTUNITY 26

4.4.1 RISING DEMAND FOR ENTERTAINMENT ROBOTS IN RETAIL FOR CUSTOMER ENGAGEMENT 26

4.5 COVID-19 IMPACT ANALYSIS 26

4.5.1 IMPACT ON SEMICONDUCTOR COMPONENT MANUFACTURERS 26

4.5.2 IMPACT ON THE GLOBAL ROBOTICS MARKET 27

4.5.2.1 IMPACT ON SUPPLY CHAIN 27

4.5.2.2 PRICE VARIATION OF KEY RAW MATERIALS 27

4.5.2.3 PRODUCTION SHUTDOWN 28

4.5.2.4 IMPACT ON MARKET DEMAND 28

Continued…

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Tags: Global Robotics Market Size, Global  Robotics Market  Share, Global Robotics Market Growth, Global Robotics MarketTypes See Campaign: https://www.marketresearchfuture.com/reports/robotics-market-4732

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