Global Robotics Market Research Report

Report Sellers has added a new market research report “Global Robotics Market (Industrial and Service Robotics) and Volume Forecast to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

Industrial Robotics Market Overview

The global industrial robotics market is expected to reach US$ XX Billion by 2022, growing at a double digit CAGR between 2017 and 2022. The demand for industrial robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety. The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.

Industrial Robotics Market Segment Analysis

On the basis of segment, the automotive industry accounted for highest share of the industrial robotics market. The electrical and electronics segment is the second largest market for industrial robotics capturing XX% share in 2016. The market for industrial robotics in the electrical and electronics industry is expected to grow at double digit CAGR between 2017 and 2022 owing to the introduction of new electronic products into the market, the miniaturization of electrical and electronics equipment, and complexity in manufacturing processes. The metal industry is the third largest market for industrial robotics. Chemical, rubber and plastics industry is the fourth largest market for industrial robotics market, while food industry accounted for over XX% share of the global industrial robotics market.

Industrial Robotics Market Regional Analysis

In terms of region, the five major markets including China, South Korea, Japan, United States, and Germany accounts for around 74% of the total robotics sales volume in 2016. Asia/Australia is the world's largest market for industrial robots, driven by growing demand for industrial robots from small- and medium-scale enterprises in China, Japan, South Korea, and India. Europe is the second leading region for industrial robotics market. Americas is the third largest market for industrial robots. 

Note: The market value figures cited in this report for industrial robotics generally do not include the cost of software, peripherals and systems engineering. Including the mentioned costs might result in the actual robot systems market value to be about three times as high.

Service Robotics Market Overview

The global service robotics market was valued over USD 7 Billion in 2016. Service robots have witnessed widespread acceptance among various professional and personal applications owing to benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and reduced operational costs and human errors. Professional service robots are employed in various industries including medical, defense, rescue and security, agriculture, logistics, construction, and professional cleaning among others, whereas personal service robots are used for domestic and entertainment and leisure purpose. 

The global service robotics market is expected to almost triple by 2022 from the 2016 level, driven by an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increasing research and development investments, growing awareness regarding the benefits of service robots, and increased demand for automation among professional and personal sectors. However, high initial investment and concern for human safety restricts the growth of the market. 

Browse through the complete description and in-depth TOC on “Global Robotics Market”

https://www.reportsellers.com/market-research-report/Global-Robotics-Market-Industrial-and-Service-Robotics-and-Volume-Forecast-6072

Service Robotics Market Segment Analysis

In 2016, medical application was the major industry vertical, in terms of market share, followed by logistic applications with XX% share in the same year. The use of service robots in logistic industry is anticipated to show substantial growth. The implementation of robotics in agriculture is expected to bring out transformational result in coming years.

In volume terms, the logistic robots accounted for maximum share of the overall professional service robotics volume in 2016. The defense segment accounted for second largest share of the professional service robotics volume with XX% share in 2016, followed by Public Relations Robots with XX% volume share in the same year. The medical robots accounted for single digit share of the professional service robotics volume in 2016, due to expensive nature of these devices.

Global Robotics Market and Volume Forecast - By Type
1. Industrial Robotics
2. Service Robotics

Global Industrial Robotics Market and Volume Forecast - By Segment
1. Automotive Industry
2. Electrical/Electronics Industry
3. Metal Industry
4. Chemical, Rubber and Plastics Industry
5. Food Industry
6. Others Industry
7. Unspecified Industry

Industrial Robotics Volume and Forecast - Region and Country Wise Distribution
1. Americas
United States
Canada
Brazil
Mexico
Rest of South America

2. Asia/Australia
China
India
Japan
Republic of Korea
Taiwan
Thailand
Other Asia/Australia

3. Europe
Central/Eastern Europe
France
Germany
Italy
Spain
United Kingdom
Other Europe

4. Africa

5. Rest of the World (ROW)

Global Service Robotics Market and Volume Forecast - By Type
1. Professional Service Robotics
2. Personal and Domestic Service Robotics

Global Professional Service Robotics Market and Volume Forecast - By Segment
1. Defence
2. Agriculture/Field
3. Logistic
4. Medical
5. Exoskeletons
6. Public Relations Robots
7. Construction
8. Mobile Platforms
9. Inspection
10. Underwater
11. Rescue and Security
12. Cleaning
13. Others

Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment
1. Household Robotics
2. Entertainment and Leisure Robotics


Global Robotics Market - Key Players Sales and SWOT Analysis
1. KUKA AG 
2. Adept Technology (Acquired by OMRON)
3. iRobot Corporation 
4. Intuitive Surgical 
5. Nachi-Fujikoshi 
6. Yaskawa Electric Corporation 

Research Methodologies

Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.

Request Sample here: https://www.reportsellers.com/market-research-report/Global-Robotics-Market-Industrial-and-Service-Robotics-and-Volume-Forecast-6072

Related Reports

https://www.reportsellers.com/market-research-report/Warehouse-Robotics-Market

https://www.reportsellers.com/market-research-report/All-Terrain-Robot-Market-405

https://www.reportsellers.com/market-research-report/SLAM-Robots-Market-7623

We have a large number of reports in other IT & Telecommunication Industry which can be accessed in the following link:

https://www.reportsellers.com/category/it-telecommunication-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries.

Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.

For more information, contact

Report Sellers

Email: sales@reportsellers.com

Direct: +1-214-396-2385