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Exclusive Market Study Estimates that Robotics Market will Grow at 14.0% CAGR During 2018 – 2024 | Analysis by Global Key Players (KUKA AG, Adept Technology, iRobot, Intuitive Surgical, Nachi-Fujikoshi, Yaskawa Electric)

11-14-2018 03:36 PM CET | IT, New Media & Software

Press release from: Business Industry Reports

Robotics Market

Robotics Market

“Global Robotics Market Report 2018” report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Global Robotics Market Overview:

The report spread across 212 pages is an overview of the Global Robotics Market Report 2018. The Global Robotics Market is projected to grow at a healthy growth rate from 2018 to 2024 according to new research.

The Global Robotics Market is expected to register a CAGR of 14.0% over the forecast period of 2018-2024. The demand for robotics is anticipated to grow exponentially during the forecast period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety. The adoption of robots across a wide range of industries including manufacturing, healthcare, defense and security, automotive, electronics, and food and beverage has accelerated the growth of the market. Robots deliver better quality products and services more efficiently, with less wastage and without causing physical damage to humans due to their autonomous nature. They help to reduce operating costs, while increasing production output. The increasing use of robotics will boost the growth of the market in the coming future.

Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/118234 .

Industrial Robotics Market Overview:

The Global Industrial Robotics Market was valued at just over US$ 16 Billion in 2017, and is likely to grow at a double digit CAGR between 2018 and 2024. 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:

1  The automotive industry accounted for highest share of the industrial robotics market in 2017, followed by electrical and electronics segment.

2  The market for industrial robotics in the electrical and electronics industry is expected to grow at double digit CAGR between 2018 and 2024.

3  The metal industry is the third largest market for industrial robotics.

4  Chemical, rubber and plastics industry is the fourth largest market for industrial robotics market, while food industry accounted for least share of the global industrial robotics market.

Service Robotics Market Overview:

The Global Service Robotics Market was valued at over US$ 9 Billion in 2017. 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.

Service Robotics Market Segment Analysis:

1  The global professional service robotics market was valued at close to US$ 7 Billion in 2017.

2  In 2017, logistic application was the major industry vertical, in terms of market share, followed by medical applications.

3  Agriculture/field robots controlled over 14% share of the professional service market in 2017.

4  In volume terms, the logistic robots accounted for maximum share of the overall professional service robotics volume in 2017.

5  The medical robots accounted for single digit share of the professional service robotics volume in 2015, due to expensive nature of these devices.

6  Household robots accounted for maximum share of the personal and domestic service robotics market in 2017.

Purchase this report online with 212 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Robotics Market Report 2018” @ https://www.businessindustryreports.com/buy-now/118234/single .

Major Key Players:

1 KUKA AG

2 Adept Technology (Acquired by OMRON)

3 iRobot Corporation

4 Intuitive Surgical

5 Nachi-Fujikoshi

6 Yaskawa Electric Corporation and More.........

Market segment by Regions/Countries, this report covers

1 Americas (United States, Canada)

2 Asia/Australia

3 Europe

4 Africa

5 Rest of the World (ROW)

This 212 Page report with 123 Figures and 18 Tables has been analyzed from 9 viewpoints:

1 Global Robotics Market and Volume Forecast (2009 - 2024)

2 Global Industrial Robotics Market and Volume Forecast (2009 - 2024)

3 Global Industrial Robotics Market and Volume Forecast - By Segment (2009 - 2024)

4 Industrial Robotics Volume and Forecast - Region and Country Wise Distribution (2010 - 2024)

5 Global Service Robotics Market and Volume Forecast (2009 - 2024)

6 Global Professional Service Robotics Market and Volume Forecast - By Segment (2009 - 2024)

7 Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment (2009 - 2024)

8 Key Player - Sales and SWOT Analysis (2010 - 2024)

9 Global Robotics Market - Growth Drivers and Challenges

Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/118234 .

Major Points in Table of Contents:

Global Robotics Market Report 2018

1 Executive Summary

2 Global Robotics Market and Forecast (2009 - 2024)

3 Global Robotics Volume and Forecast (2009 - 2024)

4 Global Robotics Market and Volume Share Analysis

5 Global Industrial Robotics Market Share and Forecast

6 Global Service Robotics Market and Volume Share Analysis (2009 - 2024)

7 Global Industrial Robotics Market and Volume Forecast - By Segment (2009 - 2024)

8 Global Industrial Robotics Volume and Forecast - By Region and Country Wise Distribution (2010 - 2024)

9 Global Professional Service Robotics Market and Volume Forecast - By Segment (2009 - 2024)

10 Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment (2009 - 2024)

11 Key Player Analysis (2010 - 2024)

12 Global Robotics Market - Growth Drivers

13 Global Robotics Market - Challenges

About us

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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