Press release
Smart Robot Market Industry Forecast By Component , Application And Industry Vertical | Worldwide Top Key Players -: IROBOT CORPORATION, ASEA BROWN BOVERI LTD. (ABB), SEIKO EPSON CORPORATIONGREYORANGE PTE LTD., RETHINK ROBOTICS, KUKA, F&P PERSONAL ROBOTIC
The Smart Robot Market Report covers a broad market structure across the world with a thorough analysis of major dynamics. This report provides strategic recommendations consulted by the industrial experts including market forecasts, turnover, sources, and amount of manufacturing cost structure, raw materials, labor cost, manufacturing outlays, latest market trends, demands and much more.
Flexibility & scalability in operation along with the high performance fuels the growth of the smart robot market. With the development of smart technologies, new types of humanoid robots have the ability to feel materials. These types of humanoid robots can feel with the help of sensors, software, and actuators. These smart technologies can identify different materials by touching them.
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Growth in industrial automation, advancement of robotics for connected and digital world, and strong government funding for automation solutions are driving the market. In addition, development in automotive sector, strong government funding for factory automation solution is fueling the growth of the smart robot market. However, high manufacturing cost, insecure connections with robots, difficulty of reprogramming, regular maintenance and software updates of the system restrict the market. Moreover, rise in developments of smart homes and increase in concern of workplace safety are expected to provide lucrative opportunities in future.
The smart robot market is segmented into component, application, industry verticals and region. Based on component, it is bifurcated into hardware and software. Hardware is further segmented into sensor, actuator, power source, control system, and others. Further, sensor is divided into gyroscope, microphone, accelerometer, tilt sensor, force/torque sensor, position sensor, vision/image sensor, and others. The application segment is divided into welding & painting, assembling & disassembling, mobility, security, cleaning, nursing, inspection, and others. And based on industry verticals it is classified into manufacturing, automotive, electrical & electronics, food & beverages, chemical, rubber & plastics, residential, and others Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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TOP KEY PLAYERS: IROBOT CORPORATION, ASEA BROWN BOVERI LTD. (ABB), SEIKO EPSON CORPORATIONGREYORANGE PTE LTD., RETHINK ROBOTICS, KUKA, F&P PERSONAL ROBOTICS, SOFTBANK OBOTICS, YASKAWA ELECTRIC, FANUC.
KEY BENEFITS FOR STAKEHOLDERS
• This study comprises of analytical depiction of the global smart robot market with current trends and future estimations to depict the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analyses.
• The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Component
• Hardware
• Sensor
• Gyroscope
• Microphone
• Accelerometer
• Tilt Sensor
• Force/Torque sensor
• Position Sensor
• Vision/Image Sensor
• Others
• Actuator
• Power Source
• Control System
• Others (Body Material)
• Software
By Application
• Welding& painting
• Assembling & disassembling
• Mobility
• Security
• Cleaning
• Others
By Industry Vertical
• Automotive
• Manufacturing
• Electrical & Electronic
• Food & Beverages
• Chemical, Rubber & Plastic
• Residential
• Others
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
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