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Robotics market - makers compete for product development to draw in investments to work on multiple applications by 2022 made available by top research firm

Robotics market - makers compete for product development to draw in investments to work on multiple applications by 2022 made available by top research firm

This report is a culmination of the key events from last decade to present day, and helps to formulate the best strategy catered to both established market players and new entrants.

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The latest intelligence on the “Global Robotics Market Research Report 2017 – 2022”, is available on Research report database. 

The global robotics market is expected to display double-digit growth in the upcoming years, thanks to the increasing automation across industries. Automation is increasingly becoming the buzzword across labor-intensive industries that are grappling with rising labor costs and lack of skilled workforce issues.

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This has pushed the adoption of robotic technology to automate operations. Industrial robots, for instance, are deployed in manufacturing and production settings to perform an array of programmed tasks.

The prime applications of robotic products include logistics, personal, military, last mile mobility, agriculture, construction/mining, entertainment, medical, research, and others. The other segment comprises automotive, aerospace, and food processing among others.

The logistics segment has emerged as a significant application of robotic products and is anticipated to continue as the leading application segment in the next couple of years.

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The leading component segments of the global robotics market considered in this study are sensors, control units, actuators, brake systems, vision systems, and others. In 2016, sensors led the market followed by vision systems.

With the increasing demand for enhanced sensing capabilities of robots, sensors are anticipated to display significant growth over the forecast period. The introduction of collaborative robots that have substantially upped productivity in manufacturing, material handling, medical, and automotive sectors with less human labor will benefit the growth of this regional market over the forthcoming years.

The increasing uptake of service robots among consumers to reduce workload is also expected to benefit the North America robotics market in the next few years.

Industrial robots are capable of performing a variety of programmed tasks in manufacturing and production settings that are often dangerous for human workers. Service robots, on the other hand, assist human beings for jobs that are typically repetitive and are dangerous.

The demand for pilotless aerial vehicles within the defense sector is increasing at a fast rate. The other advantages of unmanned aerial vehicles include the high degree of accuracy in every blast along with reduced collateral damages as compared to other weapons.

Due to these benefits, the defense sector is investing heavily in robotic technology in order to develop advanced unmanned aerial vehicles.

On the basis of product, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into

  • Industrial Robots
  • Service Robots for Professional
  • Service Robots for Personnel

By Application, the market can be split into

  • Military
  • Industrial
  • Commercial
  • Personal

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This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering, FANUC,    ABB,    Yaskawa,    KUKA,    OTC,    Panasonic,    Kawasaki,    Nachi,    Epson,    Mitsubishi,    Denso,    Yamaha,    Toshiba,    iRobot,    Ecovacs,    Proscenic,    Matsutek,    Neato Robotics,    Infinuvo(Metapo),    LG,    Samsung,    Sharp.

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