Press release
Smart Robot Market 2021 Reach Valued At $ 31.11 billion And Grow At A 23.1% CAGR Forecast To 2028 | Fortune Business Insights.
Smart Robot Market 2021-2028
New study report ” Smart Robot Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights.
Market Overview-
The global smart robot market size is expected to reach USD 31.11 billion by 2027, exhibiting a CAGR of 23.1% during the forecast period. Rapid industrialization coupled with intelligent infrastructure projects will contribute positively to the growth of the market, states Fortune Business Insights, in a report, titled “Smart Robot Market Size, Share & COVID-19 Impact Analysis, By Type (Personal/Domestic Robots and Professional Robots), By Mobility (Mobile, Fixed/Stationary), By Application (Inspection and Maintenance, Material Handling and Sorting, Security and Surveillance, Education and Entertainment, Sanitation and Disinfection, and Others), By End User (Manufacturing, Healthcare, Agriculture, Military and Defense, Logistics and Warehouse, Education and Entertainment, Others), and Regional Forecast, 2020-2027.” The market size stood at USD 5.98 billion in 2019.
The occurrence of coronavirus has caused enormous damage to various businesses across the world. We understand that this health emergency has negatively impacted multiple sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling, and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.
Key Players-
The key players have an essential part to play in fostering the product improvement as per the demand of the consumers with ample supply in particular regions. The well-known brands are also acknowledged and aware of the potential links with the global Smart Robot Market 2021-2028 for showing a prominent place to the key players in the market.
Top Key Players in this market are:
SoftBank Corp (Tokyo, Japan)
GeckoSystems Intl. Corp. (Georgia, United States)
Aethon, Inc. (Pittsburgh, Pennsylvania, United States)
Neato Robotics, Inc. (San Jose, California, United States)
Samsung Electronics Co., Ltd (Suwon, Korea)
ABB Ltd (Zürich, Switzerland)
KUKA Aktiengesellschaft (Augsburg, Germany)
FANUC CORPORATION (Oshino, Yamanashi, Japan)
Hanson Robotics Limited (Hong Kong)
YASKAWA ELECTRIC CORPORATION (Kitakyushu, Fukuoka, Japan)
BLUE FROG ROBOTICS SAS (Paris, France)
Request For Sample Copy @ https://www.fortunebusinessinsights.com/enquiry/sample/smart-robot-market-104556
Market Driver:
Integration of AI in Advanced Robots to Boost Adoption
The advent of artificial intelligence (AI) in robotics has transformed the dynamics of industrial technology. AI-powered robots can determine, acclimatize, and act in more and more complex environments or situations. AI simulators have increasingly become accurate to drive real-world applications efficiently. These simulators can run hundreds of iterative processes within seconds, generating massive amounts of valuable data. The growing popularity of AI-powered intelligent robotics will have a tremendous impact on the market. The evolving technologies in artificial intelligence have made interactions and processes with humans more profound. AI robots have become more accurate, smarter, and more profitable for industrial operations, which, in turn, will enable speedy expansion of the market.
Coronavirus: No-Touch Policy to Incite Robots Demand Amid Pandemic
The global COVID-19 crisis has intensified the demand for intelligent robots in the healthcare industry. The policies pertaining to coronavirus such as social-distancing, no-touch, and mandatory masks will heighten the need for robots in various sectors, especially healthcare. For instance, Doctors are utilizing robots to assist and automate the testing, diagnosis, and treatment of the COVID-infected patient. The increasing number of coronavirus-infected patients has consequently elevated the requirement for robots. Various hospitals have started using robots to treat infected patients distantly and effectively. As per the press released by ABB, Ltd in October 2020, high precision robots have been implemented at testing laboratories in Singapore to enhance and speed-up the COVID-19 testing process. Similarly, the Danish robot manufacturing company called ‘UVD Robots’ has shipped hundreds of ultraviolet-light disinfection robots to hospitals in Europe and China.
REGIONAL INSIGHTS:
Ongoing Industrialization to Foster Growth in Asia Pacific
The market for smart robot in Asia Pacific is expected to witness a rapid growth rate during the forecast period. The increasing adoption robots in China and South Korea will promote expansion in Asia Pacific. The development of robotic technologies can have a tremendous impact on the market in the region. As per the ‘Robot-ready: adopting a new generation of industrial robots report’ published by the PWC in June 2018, china has recorded the shipments of 115,000 industrial robots in 2017. South Korea, Japan, Singapore, and China are leading in the production and usage of industrial robots. The rising industrialization in developing countries will facilitate the healthy growth of the market in Asia Pacific. Europe is expected to expand radically during the forecast period owing to the industrial automation in various European countries.
Request for Customization @ https://www.fortunebusinessinsights.com/enquiry/customization/smart-robot-market-104556
The report on the smart robot market features:
Extraordinary insights into the market
All-inclusive facts and figures
Latest industry development
Data about the prominent players
Dominating regions in the market
COVID-19 effect on the global market
Table of Content:
1.Introduction
2.Key Takeaways
3.Market Dynamics
4.Competition Landscape
5.Key Market Insights and Strategic Recommendations
6.Profiles of Key Players (Would be provided for 10 players only)
7.Primary Interview Responses
8.Annexure / Appendix
9.Companies Analyzed (In order to estimate the market size and/or understanding the market ecosystem)
Continue….
Inquire Before Buying @ https://www.fortunebusinessinsights.com/enquiry/queries/smart-robot-market-104556
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
You can also contact us/follow us on:
https://www.facebook.com/FortuneBusinessInsightsPvtLtd
https://twitter.com/FBInsightPvtLtd?s=20
https://www.linkedin.com/company/fortune-business-insights/
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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 Smart Robot Market 2021 Reach Valued At $ 31.11 billion And Grow At A 23.1% CAGR Forecast To 2028 | Fortune Business Insights. here
News-ID: 2486378 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Robot
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…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
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…
