Press release
Global Smart Robots Market to grow at a CAGR of 20.65% during 2016-2020
Albany, NY, Jan 16: Robotic vacuum cleaners emerged in the market in the late 1990s and early 2000s. However, the adoption of robotic vacuum cleaners remained low during the both the periods due to product inefficiencies like limited suction power and random movement pattern to clean floors. However, technological innovations, availability of new advanced products such as infrared sensors, and longer battery life, have gradually increased product efficiency and functionalities. With extensive R&D, several vendors are developing new and advanced robotic vacuum cleaners such as the Wi-Fi-enabled robots and others. Owing to high flexibility, the demand for robotic vacuum cleaners has increased significantly 2011 onwards.The global smart robots market to grow at a CAGR of 20.65% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global smart robots market for 2016-2020. To calculate the market size, the report considered the revenue generated the sale of smart mobile robots, collaborative robots, and personal service robots.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Key vendors
- iRobot
- LG Electronics
- Neato Robotics
- Samsung Electronics
- Anybots Inc.
- Hajime Research Institutes Ltd.
- Robosoft Services
- Savioke Inc.
- Boeing
- Israel Aerospace Industries
- Lockheed Martin
- Northrup Grumman
- ABB
- KUKA
- Rethink Robotics
- Universal Robots
Other prominent vendors
- AeroVironment
- Aldebaran
- Alphabet
- Atlas Elektronik
- Avatarmind
- Bae Systems
- Bluefin Robotic
- Bobsweep
- Boston Dynamics
- Dyson
- Ecovacs
- Fanuc
- Fluidra
- GeckoSystems
- General Dynamics..................
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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