Press release
Robotic Flexible Washer Market Expected to Witness the Highest Growth Forecast to 2031
The Robotic Flexible Washer Market size was valued at $1.2 billion in 2021, and is estimated to reach $2.7 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031. A robotic flexible washer is an automatically operated machine that replaces human effort of cleaning, though it may not resemble human beings in appearance or perform functions in a humanlike manner.Top Companies
ABB, ADF Systems, Ltd., BvL Oberflachentechnik, Cleaning Technologies Group (CTG), Dalian Modern Auxiliary Machinery, DurrEcoclean, Dynamic Robotic Solutions, ELWEMA Automotive, Fives Cinetic Corp, Harry Major Machine, MTM Clean Solutions, Proceco Ltd., SBS Ecoclean Group, Stäubli, Sugino, Tecnofirma, and Valiant.
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The market is mainly driven by increase in adoption of automation for commercial purposes. For instance, there has been increase in demand for disinfection robots post the outbreak of COVID-19. Similarly, owing to its high efficiency and low operating cost, security & inspection and delivery robots are in demand in the commercial market. These factors propel the robotic flexible washer market growth globally.
Segmental study is provided in both quantitative and qualitative facets. These aids the clients in identifying the most productive segment to keep on with investments, along with short-term acknowledgement of the operating enterprises and their key developmental undertakings.
However, technology is still developing, therefore, the cost of robots is high, which is not affordable for small and medium businesses. In addition, lack of feasibility in operating technology hampers efficiency of robots. These factors restrain the growth of the global robotic flexible washer market.
In addition, the outbreak of COVID-19 has led to halt in logistics and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering the growth of the robotic flexible washer market. On the other hand, demand for technologies, such as disinfection robots increased significantly in the past couple of years. Furthermore, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of operations of robotics companies at their full-scale capacities, which helped the market to recover by the mid of 2022.
In addition, owing to continuous rise in demand for robotics, the R&D to invent new technologies and introduce efficient robots is continuously growing. In addition, several robotic exhibitions are being held, where developers and innovators of robotics technology participate to acquire funding from market leaders as well as from investors for R&D. Such strategies further boost the growth of the robotic flexible washer market.
The robotic flexible washer industry is segmented into type, application, end-use industry, and region. By type, the market is categorized into standalone and modular. On the basis of application, the market is fragmented into oil stains removal, metal filings removal, and dust removal. By end-use industry, the market is fragmented into auto component manufacturing, heavy machinery and metal working, aerospace & defense, and others. Region wise, the robotic flexible washer market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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