Southeast Asia Industrial and Service Robot Market 2022 Business Scenario - Savioke Inc., Kurve Automation Pte Ltd, Techmetics Robotics, ABB Ltd

The Southeast Asia Industrial and Service Robot 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 Southeast Asian industry and service robot market is expected to witness a CAGR of 10.7% during the forecast period (2022-2027).

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Top Leading Companies of Southeast Asia Industrial and Service Robot Market are Ourglass Pte Ltd, Savioke Inc., Kurve Automation Pte Ltd, Techmetics Robotics, ABB Ltd, Daifuku Co. Ltd, Nachi Robotic Systems Inc., Eureka Robotics, Delta Electronics Inc. and others.

Industry News and Updates

In November 2019, B&R, a unit of ABBÕs Robotics and Discrete Automation business, announced the integration of ABB robots into its automation portfolio. With the ability to offer unprecedented levels of machine flexibility and precision, merging robotics with machine control into one unified architecture will enable manufacturers to embrace the trend of mass customization and optimize their lot size one processes.

Key Market Trends

Demand for Service Robots to Grow Significantly

- Technological innovations, concerning cognition, interaction, and manipulation, have made service robotics more appealing. Technology and other component providers have been instrumental in moving the robotics ecosystem forward.

- As the region is facing an aging population, government organizations in the area are planning to rely more on robots as compared to human resources. For instance, the Housing Development Board (Singapore) is planning to adopt an autonomous drone or robot to identify which parts of public housing blocks need cleaning. The primary aim is to reduce the amount of water required to clean by focusing only on the dirty areas.

- Also, the Southeast Asian countries are keen on showing interest in adopting and developing exoskeleton rehabilitation robotics for physiotherapies provided to patients. For instance, National University Health System (NUHS) Singapore has raised over USD 1.34 million from Temasek Foundation to buy exoskeletons and train twelve physiotherapists for two years. Such initiatives in the region are expected to boost the demand further and develop the scope of rehabilitation service robots.

Regional Outlook of Southeast Asia Industrial and Service Robot 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 Southeast Asia Industrial and Service Robot 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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