Press release
Robotics Manufacturing and Start-ups - A Market Worth Observing Growth | Pari Robotics, Systemantics,Start-ups, ASIMOV Robotics
Robotics Manufacturing and Start-ups
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Impact of COVID-19:
The robotics market has immense opportunities to demonstrate unique use cases for various industries. Robots enable industries to function impeccably with reduced human intervention. In the wake of the pandemic, the adoption of industrial robots has expedited since they offer a safe interface between patients and frontline healthcare workers.
Industrial robot manufacturers including Asimov Robots Pvt Ltd, Milagrow HumanTech, Invento Robotics and Persapien Innovations came up with unique robotics solutions for applications such as disinfection and sanitization, patient screening, remote treatment and delivery of food and medicines. Furthermore, the unavailability of human workers owing to the lockdown has encouraged players in automotive and logistics sectors to implement robotics in their daily operations.
Market insights
The robotics market in India has gained momentum as a result of industrial expansion, digital revolution and adoption of automation at a large scale. In terms of annual installation, the industrial robotics market in India stood at 5,000 units in 2019 and is estimated to reach 11,760 units by 2025, expanding at a compound annual growth rate (CAGR) of 14.41% during the 2020-2025 period. Industrial robots can be automatically controlled, programmed and manipulated in three or more axes. Based on mechanical configuration and level of autonomy, industrial robots are classified as stand-alone robots, cobots and mobile robots.
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Industrial applications of robotics:
The automotive, healthcare, pharmaceutical, plastic, metal, electrical and electronics sectors are the major end users of industrial robotics in India. The automotive industry has been the leading end user of industrial robots, accounting for ~48% of annual installations in 2019. Automotive manufacturers have been keen to adopt automation solutions in their production plants to improve productivity. The strong presence of various international and domestic automotive manufacturers has fueled the demand for industrial robotics in the country. Various automotive manufacturers like Tata Motors Ltd., Mahindra and Mahindra Ltd., and Maruti Suzuki Ltd. have strengthened on indigenous production of robots.
The demand for industrial robotics from general manufacturing industries including plastic, metal, electrical, electronics, food and pharmaceutical is anticipated to pick up at a healthy rate over the forecast period. The fourth industrial revolution or industry 4.0 is expected to play a pivotal role in propelling the demand for industrial robotics in India. The healthcare industry has also emerged as one of the prominent users of robotics, especially in the areas of hospital applications, surgery, diagnostics and rehabilitation.
Competition Analysis:
With the drastic change in consumers behavior, firms and brands are curious to understand the implications for their products and services. Some of key competitors or manufacturers included in the study are DiFACTO Robotics and Automation, Gridbots Technologies Pvt. Ltd, Hi-tech Robotic Systemz Ltd, Pari Robotics, Systemantics India Pvt. Ltd,Start-ups, ASIMOV Robotics Pvt. Ltd., Bharati Robotic Systems, CynLr , Grey Orange India Pvt. Ltd., Invento Robotics, Miko, Nocca Robotics, Planys Technologies, Sastra Robotics India Pvt. Ltd., Unbox Robotics
Quantitative Data:
Market Data breakdown by key geographies, Type & Application/End-users
• Robotics Manufacturing and Start-ups in 2020 Market Revenue & Growth Rate by Type (Historical & Forecast)
• Robotics Manufacturing and Start-ups in 2020 Market Revenue & Growth Rate by Application (Historical & Forecast)
• Robotics Manufacturing and Start-ups in 2020 Market Revenue & Growth Rate by Each Region Specified (Historical & Forecast)
• Robotics Manufacturing and Start-ups in 2020 Market Volume & Growth Rate by Each Region Specified, Application & Type (Historical & Forecast)
• Robotics Manufacturing and Start-ups in 2020 Market Revenue, Volume & Y-O-Y Growth Rate by Players (Base Year)
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Important Features that are under offering & key highlights of the Robotics Manufacturing and Start-ups in 2020 market report:
1. Why lots of Key players are not profiled in Study?
--> The study is conducted by collecting data of various companies from the industry, and the base for coverage is NAICS standards. However, the study is not limited to profile only few companies. Currently the research report is listed with players like DiFACTO Robotics and Automation, Gridbots Technologies Pvt. Ltd, Hi-tech Robotic Systemz Ltd, Pari Robotics, Systemantics India Pvt. Ltd,Start-ups, ASIMOV Robotics Pvt. Ltd., Bharati Robotic Systems, CynLr , Grey Orange India Pvt. Ltd., Invento Robotics, Miko, Nocca Robotics, Planys Technologies, Sastra Robotics India Pvt. Ltd., Unbox Robotics
2. Do Scope of Market Study allows further Segmentation?
---> Yes, for a deep dive we do provide add-on segmentation in premium version of report to better derive market values. The standard version of this report covers segmentation by Application, by Type and by Regions [North America, Europe, Asia-Pacific etc]
3. What value addition does Country landscape will provide?
---> In the premium version of report, two-level of regional segmentation allows user to have access to country level break-up of market Size by revenue and volume*
* Wherever applicable
HTF MI also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia etc.
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Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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