Press release
Smart Robot Market a Staggering +24.1% CAGR, Forecasting with Industry Analysis 2018: Emerging Technological Advancements in the Field of Robotics
"Smart Robot"
Market Drivers and Restraints:
• Growing adoption of autonomous robots for professional services.
• Increasing demand towards AI-based solutions.
• High initial investment and maintenance costs.
Global Smart Robot Market accounted for USD 4.18 million in 2017 and is projected to grow at a CAGR of 24.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Key Players of Global Smart Robot Market:
• Geckosystems
• SoftBank
• iRobot
• KUKA
• ABB
• Hanson Robotics
• Amazon.com
• Honda Motor
• FANUC
• YASKAWA ELECTRIC
• OMRON Adept Technologies
• Samsung Electronics
• Intuitive Surgical
• Aethon
• Rethink Robotics
• Bluefin Robotics
• GeckoSystems
• BLUE FROG ROBOTICS
• AIBrain
• Brain Corp
• CloudMinds
• Energid Technologies
• Furhat Robotics
• H2O.ai
• IBM
• Liquid Robotics
• Neurala
• NVIDIA
• Oxbotica among others.
Market Definition:
A smart robot is a computerized reasoning (AI) framework that can learn from its environment and condition, its experience, and fabricate its abilities in light of that encompassing learning. Smart robots are utilized for proficient, modern and also individual utilize. Furthermore, smart robots are customized uncommonly to deal with industrial applications, for example, automotive assembly, pool cleaning, machinery handling, and robotic pets among others.
Smart robots have substituted man in execution of assignments and tasks that are either risky or repetitive, where man is in fit for performing attributable to body restrictions, or undertakings that happen in outrageous situations, for example, space or the base of the ocean. Furthermore, smart robots are intended to do particular undertakings for individual, proficient, and mechanical applications, for example, elderly help, pool cleaning, and robotic pets among others. Smart robots make utilization of artificial intelligence (AI) and are operational without the need of human information sources. Smart robots can work freely on a predefined assignment and can likewise they can collaborate with individuals in different administration and mechanical applications to perform any specific task. According to Research firm International Data Corporation, by 2019, 30% of commercial service robotic applications will be in the form of a robot-as-a-service (RaaS) business model. This will help cut costs for robot deployment in the commercial sectors.
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Segmentation of Global Smart Robot Market:
The global smart robot market is based on component, industrial application, Service Application and geography.
Based on component:
• Hardware
• Software
Based on industrial application:
• Automotive
• Electronics
• Food and Beverages
• Others
Based on service application:
• Personal
• Professional
Based on geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.
Competitive Analysis of Global Smart Robot Market:
The global smart robot market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of smart robot market for global, Europe, North America, Asia Pacific and South America.
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
Research Methodology of Global Smart Robot Market:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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