Global Robotics Market Intelligence & Future Trends 2017-2026

Global Robotics Market was valued at USD XX Billion in the year 2018. Global Robotics market is further estimated to grow at a CAGR of XX% from 2019 to 2026 to reach USD XX billion by the year 2026. Asia-Pacific region holds the highest market share in 2018 and North America market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India are projected to grow at a strongly in the coming years.

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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 2018-2026.

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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)
(Another brief information of 15 companies will be provided in the report)

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Research Methodology:

Mnemonics Market Research follows in-depth Research Methodology focused on reducing deviation in the collected data. Mnemonics Market Research offers the most precise evaluations and projection for the market numbers. Mnemonics Market Research engages following Market Engineering techniques –

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
Mnemonics Market Research has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.

Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

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