Robotics industry 2018: market new innovations & strategies explored in latest research

Robotics Industry By Top Key Players (iRobot Corporation, Kawasaki Heavy Industries Ltd, Intuitive Surgical, Yaskawa Electric Corporation,) By Vertical Industry (Logistics, Aerospace & Defense, Electronics, Domestic, Healthcare) and By Application (Smartphones, Tablets, Portable Media Devices) - Global Opportunity and Current Growth Analysis

Global Robotics Industry was valued at USD 46.17 Billion in the year 2017. Global Robotics Industry is further estimated to grow at a CAGR of 13.52% from 2018 to 2025 to reach USD 145.1 billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2017 and North America Industry is considered as the fastest growing Industry in the forecasted period. At country level China, Japan and India are projected to grow at a strongly in the coming years.

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The major market players in Robotics Industry are iRobot Corporation, Kawasaki Heavy Industries Ltd, Intuitive Surgical, Yaskawa Electric Corporation, ABB Group, Fanuc Corporation, Honda Motor Co., Ltd., Yamaha Corporation, Komatsu, Ltd., Locus Robotics, Fetch Robotics Inc., Barrett Technology LLC and other 10 more companies detailed information is provided in research report) Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of tier 1 and Tier 2 manufacturers in recent years.

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SWOT Analysis of Robotics Industry

Strength

           Rising Labor cost

Weakness

           Installation Cost is high

Opportunities

           Implementation and Adoption of Robotic Technology

Threats

           Government Regulations

The major shares of the Industry come from Logistics in Global Robotics Industry. On the other hand, automotive type for this Industry is expected to grow at highest CAGR during the year 2018-2025.

By Industry

Logistics

Aerospace & Defense

Electronics

Domestic

Healthcare

Agriculture

Transportation

Entertainment  

others

By Type

Automotive Robot

Mobile Robot

Industrial Robot

Service Robot

Others

By Component

Software

Hardware

Services

By Region

North America

• • USA
• • Canada

Europe

• • Germany
• • U.K.
• • France
• • Italy
• • Rest of Europe

APAC

• • China
• • India
• • Japan
• • Rest of Asia-Pacific

RoW

• • Latin America
• • Middle East & Africa