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Snake Robot Market Size & Share - Industry Trend and Forecast 2018 - 2026

07-31-2018 09:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Snake Robot Market Size & Share - Industry Trend and Forecast 2018

The report analyzes and presents an overview of "Snake Robot Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Snake Robot” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Snake Robot Market: Overview

The robotics has brought revolution in automation process across various end use industry. Robotics is now been majorly used in industry’s, surgery, airplanes, ships and communication. Snake robot are automating systems that provides compelling enhancement in the efficiency of surgery and infiltration of spaces that were previously impenetrable. These are portable devices and are extension to existing robotic arms. It is also known as Snakebot and resembles to that of biological snakes. The first snake like robot was built by Prof. Hirose in 1972. These snake robots comes in different sizes, shapes & designs. These are pretty mobile and are built on hardware and software technology. It has two significant qualities, one of the quality is its ability to maneuver through and move into confined spaces. The other quality includes the ability to change the shape of its body that allows them to perform in wide range of circumstances, such as climbing tree trunks or climbing stairs. Furthermore, most snake robots are composed by chaining a number of independent links together. This adds redundancy in snake robots that makes them resistant to breakdown, even if the some part of the robots being destroyed. Properties such as redundancy, high terrain ability and complete scaling of the robot body makes snake robot very alluring for constructive application. These are mostly used in confined spaces. Confined spaces exist in aircraft wings, nuclear reactors, industrial processing plant, the human body, underwater environments space and ship-building. Roads, buildings, pipelines and other human spaces all have confined spaces. Snake robots have a slender, long and flexible design without any protrusions thus they can easily maneuvered into any position and retract back without disturbing their environment.

Snake Robot Market: Highlights

For instance, recently a 7.1 magnitude earthquake had struck Mexico City wherein the snake robots where used for search and rescue operations to look for survivors. These snake robots provide assistance to rescue workers by reaching into fragile and difficult situations so that they could see things that they otherwise could not.

The snake robot leverages a new innovative technique for robotic movement that is beneficial for users by providing suitable access to difficult spaces. Also, it is used in undersea for inspection purpose. Also, their ability to change the shape of its body according to changing environment could drive the snake robot market. However, the snake robot is currently in research stage and the available snake robot are very costly that acts as restraint in snake robot market.

Snake Robot Market: Key Segments

Global snake robot market can be segmented into component, applications and end-use industry. On the basis of component, snake robot market can be bifurcated as hardware, software and services. Again, the hardware segment can be bifurcated into sensors, servo motors, IC controllers, pneumatic tubes & wires, lithium ion battery and others. By applications, snake robot market can be segmented into monitoring & surveillance, fire extinguishing, maintenance & inspection, nuclear decommissioning, surgeries and others. Maintenance & inspection is one the major dominating application of snake robots. This application is majorly used in aircraft wings and large manufacturing sites as these places are very narrow and it is very difficult for the employee to clean, inspect these places. On the basis of End-Use industry, the snake robot market can be further segmented into defense & military, automotive, healthcare, aerospace, education and others.

Geographically, snake robot market can be bifurcated into North America, South America Europe, Asia Pacific, and Middle East & Africa. North America is expected to have the highest market share among all the regions due to the presence of many research and development institutes and robotic automation systems manufacturing companies that are keen on developing snake robots that can be used various applications

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Snake Robot Market: Key Players

Some of the prominent companies that are into manufacturing of Snake Robot market includes Medrobotics, HiBot, OC Robotics, Hirose Fukushima Laboratory, Sintef, Applied robotics Technologies LLC, Sarcos Corporation, Kuka Automation Company, Tokyo Institute of technology, Tesla Inc., Carnegie Mellon University and many among others. These major companies are currently in process of making several snake robot prototypes in order to understand the snake’s locomotion and also they are working on various prototypes that can be used in harsh external outdoor environment.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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