Press release
Robotics Market Volume is expected to surpass by 2023 end : Genesis Market Insights
Robotics Market
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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 2018-2023.
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)
Read Report Overview with Full TOC @ https://genesismarketinsights.com/viewreport/87/21/Robotics-Market-
About Us:
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe.
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