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Robotics Market by Data Type (Automotive Robot, Mobile Robot, Industrial Robot, Service Robot), By Component (Software, Hardware, Services) and By Vertical Industry (Logistics, Aerospace & Defense, Electronics, Domestic, Healthcare, Agriculture, Transportation) Global outlook Analysis and Industry Forecast, 2019-2025.

  • Category:ICT & Media
  • Published on:06 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 212897
  • Publisher:Genesis Market Insights

Overview

Global Robotics Market was valued at USD 46.18 Billion in the year 2019. Global Robotics market is further estimated to grow at a CAGR of 13.52% from 2019 to 2025 to reach USD 112.6 billion by the year 2025. Asia-Pacific region holds the highest market share in 2019 and North America market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India are projected to grow at a strongly in the coming years.

iRobot Corporation (U.S.), Kawasaki Heavy Industries, Ltd (Japan), Intuitive Surgical (U.S), Yaskawa Electric Corporation (Japan), ABB Group (Switzerland), Fanuc Corporation (Japan), Honda Motor Co., Ltd. (Japan), Yamaha Corporation (Japan), Komatsu, Ltd. (Japan), Locus Robotics (U.S), Fetch Robotics Inc. (U.S), Barrett Technology LLC (U.S), are some of the key players in the Global Robotics market. 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.

Drivers:

Rising Labor cost

Restraints:

Installation Cost is high

Opportunities:

Implementation and Adoption of Robotic Technology

Challenges:

Government Regulations

The major shares of the market come from Logistics in Global Robotics Market. On the other hand, automotive type for this market is expected to grow at highest CAGR during the year 2019-2025.

Key Benefits for Stakeholders

Robotics Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Component

Software

Hardware

Services

By Type

Automotive Robot

Mobile Robot

Industrial Robot

Service Robot

Others

By Vertical Industry

Logistics

Aerospace & Defense

Electronics

Domestic

Healthcare

Agriculture

Transportation

Entertainment

Others

By Region

North America

Europe

Asia-Pacific

LAMEA

Key Market Players

iRobot Corporation (U.S.)

Kawasaki Heavy Industries, Ltd (Japan)

Intuitive Surgical (U.S)

Yaskawa Electric Corporation (Japan)

ABB Group (Switzerland)

Fanuc Corporation (Japan)

Honda Motor Co., Ltd. (Japan)

(Another brief information of 15 companies will be provided in the report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.


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