openPR Logo
Press release

Impact of COVID-19 Outbreak on Smart Robot Market - 2020 | In-Depth Analysis with Key Market Players, Business Strategies and Growth Opportunities - 2027

05-04-2020 09:41 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Smart Robot Market

Smart Robot Market

At present, North America dominates the market, followed by Europe. In 2017, the U.S. is expected to remain dominant in the North America market, while Germany is projected to lead the overall market in Europe.

Smart Robot is a reprogrammable, multifunctional manipulator designed to move material, parts, tools, or specialized devices through various programmed motions for the performance of a variety of tasks. Autonomous robot uses coding algorithm to perform a specified operation and changes its working in accordance with the changes made in the programming.

Access Full Summary @ https://www.alliedmarketresearch.com/smart-robot-market

By use of advanced technology, a smart robot can help people overcome daily obstacles or to teach children, and are majorly used in the industry vertical applications. Some smart robots can replace jobs where human interaction is difficult such as industrial welding, investigation of volcanoes, underwater exploration, and deep space exploration. For specific movements in the operation such as assembling and spot welding, many robots use the pneumatic or air pressure pistons in particular directions.

Get Detailed Analysis of COVID-19 Impact on Smart Robot Market @ https://www.alliedmarketresearch.com/purchase-enquiry/4701

The increase in field of automation, the rise in demand for robotic advancement for connected world and capability of robots to identify the breakdowns in the industry fuel the growth of the market. In addition, strong government initiative for the factory automation also contribute to the market growth. However, higher manufacturing cost and insecurities regarding the robots hamper this stated growth.

Based on component, the hardware segment generated the highest revenue in the smart robot market in 2017, and is expected to remain dominant during the forecast period. In addition, based on application, the assembling & disassembling segment generated the highest revenue followed by welding & painting and mobility. Based on industry vertical, the automotive industry accounted for the majority market share of the smart robot market followed by the manufacturing industry.

Key Findings of the Study:
1. The hardware segment is estimated to generate the highest revenue in the global smart robot market in 2018.
2. In 2018, the automotive industry is projected to be the highest revenue contributor in the industry vertical segment.
3. Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
4. In 2018, North America contributes the highest market share, followed by, Europe, Asia Pacific and LAMEA.

Download Sample Report (Get Full Insights in PDF - 227 Pages) @ https://www.alliedmarketresearch.com/request-sample/4701

Top Trending Topics:
1. Smartwatch Market (Get Full Insights in PDF - 265 Pages) @ https://www.alliedmarketresearch.com/smartwatch-market

2. Digital Signage Market (Get Full Insights in PDF - 299 Pages) @ https://www.alliedmarketresearch.com/digital-signage-market

3. 5G Infrastructure Market (Get Full Insights in PDF - 326 Pages) @ https://www.alliedmarketresearch.com/5g-infrastructure-market

4. Interactive Kiosk Market (Get Full Insights in PDF - 292 Pages) @ https://www.alliedmarketresearch.com/interactive-kiosk-market

The key players profiled in the report are ABB, iRobot Corporation, Grey orange Pte Ltd., Epson America Inc., Rethink Robotics, KuKa, F&P Personal Robotics, SoftBank Robotics, Yaskawa Electric, and Fanuc.

Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Smart Robot Market, By Component
Chapter 5: Smart Robot Market, By Application
Chapter 6: Smart Robot Market, By Industry Vertical
Chapter 7: Smart Robot Market, By Region
Chapter 8: Company Profiles

Buy Now @ https://www.alliedmarketresearch.com/checkout-final/fe7cb529b4d0c3da87318f6d42a3392e

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Impact of COVID-19 Outbreak on Smart Robot Market - 2020 | In-Depth Analysis with Key Market Players, Business Strategies and Growth Opportunities - 2027 here

News-ID: 2033772 • Views:

More Releases from Allied Market Research

Luxury Yacht Market Forecast 2031: Reaching USD 12.8 billion with 8.0% CAGR
Luxury Yacht Market Forecast 2031: Reaching USD 12.8 billion with 8.0% CAGR
According to a new report published by Allied Market Research, titled, "Luxury Yacht Market by Size, Type, and Material: Global Opportunity Analysis and Industry Forecast, 2022-2031," the luxury yacht market size was valued at $5.8 billion in 2020 and is expected to reach $12.8 billion by 2031, registering a CAGR of 8.0% from 2022 to 2031.In terms of volume, Europe occupied around two-thirds of the market share for 2020. Get
Budget Hotels Market reach nearly USD 430.9 billion by 2032, exhibiting a robust CAGR of 4.1%
Budget Hotels Market reach nearly USD 430.9 billion by 2032, exhibiting a robust …
According to the report, the global budget hotels market size was valued at $276.3 billion in 2022, and is projected to reach $430.9 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032. Request The Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/190458 A budget hotel is a type of hotel in the hospitality industry. Budget hotels cater to travelers who are looking for affordable accommodation options without compromising
Tactical Footwear Market Set to Achieve a Valuation of US$ 2.9 billion, Riding on a 6.2% CAGR by 2031
Tactical Footwear Market Set to Achieve a Valuation of US$ 2.9 billion, Riding o …
According to a new report published by Allied Market Research, titled, "Tactical Footwear Market," The tactical footwear market was valued at $1.6 billion in 2021, and is estimated to reach $2.9 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031. Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/13437 Tactical footwear refers to a type of specialized footwear designed for use in high-stress situations such as
Destination Management Service Market Size Forecasted to Grow at 6.8% CAGR, Reaching USD 6.9 billion by 2032
Destination Management Service Market Size Forecasted to Grow at 6.8% CAGR, Reac …
The destination management service market was valued at $3.6 billion in 2022, and is estimated to reach $6.9 billion by 2032, growing at a CAGR of 6.8% from 2023 to 2032. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/111278 Destination management services involve a variety of professional services offered by DMOs or DMCs to enhance the travel experience. Moreover, owing to growth in awareness regarding environmental

All 5 Releases


More Releases for Robot

RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying?
RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying? The rise of smart robotic pets has transformed how families introduce companionship, creativity, and safe entertainment into their daily routines. Among the newest innovations gaining massive attention is the RoboPaw Robot Puppy, a highly interactive, expressive, and surprisingly intelligent robotic companion designed for kids, adults, and even seniors who want play, comfort, and engagement without the responsibility of a real pet. The
Wuffy Robot Dog Reviews: All Truth about Wuffy Robot Dog (wuffy the robot dog)
Parents around the world are asking the same question right now: can a robot puppy really replace some of the comfort and fun of a real dog? In a time when many families live in apartments, juggle allergies, or simply cannot handle the responsibility of a pet, wuffy robot dog reviews are starting to stand out online for one simple reason. This is not another plastic gadget that flashes once
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market? The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene. The robot
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size. This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used. For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates