Top Robotics Market 2021 Competitive Insights - ABB Ltd, Yaskawa, FANUC, KUKA, Kawasaki Heavy Industries

The Top Robotics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global top robotics market is expected to grow from $59.65 billion in 2020 to $69.41 billion in 2021 at a compound annual growth rate (CAGR) of 16.4%. The growth is mainly due to the increasing demand for robots from the end-user industries. The market is expected to reach $154.52 billion in 2025 at a CAGR of 22.1%.

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Top Leading Companies of Top Robotics Market are ABB Ltd, Yaskawa, FANUC, KUKA, Kawasaki Heavy Industries and others.

Market Trends

Asia Pacific is the largest region in the top robotics market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The growing technological advancements are shaping the top robotics market. Technological advancements have authorized manufacturers to use lightweight robots that can manage numerous tasks and improve productivity. Artificial intelligence, machine learning, and other emerging technologies have been put into robots to replicate human intelligence and facilitate some of the jobs that humans perform. For instance, in January 2020, Omron, a Japan-based electronics company launched the Omron i4 which has an inbuilt AI system for predictive maintenance. This is a next-generation industrial robot that can identify and communicate when it is time for repairs and maintenance.

In March 2021, Acce-nture, an Ireland-based company that provides consulting and processing services acquired Pollux for an undisclosed amount. The acquisition will expand Acce-nture capabilities for clients in consumer goods, pharmaceutical and automotive industries seeking to make their factories, plants, and supply chains more productive, safe, and sustainable. Pollux is a Brazil-based provider of industrial robotics and automation solutions.

Regional Outlook of Top Robotics Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Top Robotics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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