Global Sales Of Robot Kit Is Likely To Valued At US$ 964.1 Million By 2023

The market for combat robotic kits is anticipated to reach US$ 179.1 million in 2023 and is predicted to expand at a CAGR of 10.4% during the following five years. Robotics technology is also employed for a variety of leisure activities, including some amusing and instructive ones.

Custom-built machines engage in a range of combat manoeuvres to disable one another in the robot war game mode. Instead of autonomous robots, remote-controlled vehicles are preferred for these robots.

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TV shows like Battlebots in the US and Robot Wars in the UK have adopted robot fighting competitions. These programmes were resurrected in the middle of the 2010s after originally airing in the late 1990s to early 2000s. Smaller robot combat events, like those put on by the Robot Fighting League, are held in front of live audiences in addition to the broadcast competitions.

Such robot applications and the rising popularity of these video games in North America and Europe are projected to fuel the expansion of the market for combat robotic kits.

Key Takeaways from Market Study

• The global combat robotic kit market is projected to reach US$ 481.6 million by 2033.
• The market witnessed 7.1% CAGR between 2018 and 2022.
• Professionals in end user segment dominates the market with 53.9% market share in 2023.
• Under type, wedges dominate the combat robotic kit market and are valued at US$ 45.9million in 2023.
• Based on region, demand for combat robotic kit expected to increase at CAGR of 10.1% in Europe during the forecast period.
• The global market is expected to garner an absolute dollar opportunity of US$ 321.2 million during the forecast period.

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Market Development

Robot battle games are very common in industrialised nations like the United States and the United Kingdom. These robots have seen a change from merely being used in TV shows to now being utilised in competitions for the same specific game.
The layout and capabilities of these combat robotic kits are also quite important in the robot conflict. The players can concentrate on improving the battle robotic kits through mechanical design innovation and weight reduction through the usage of appropriate raw materials. These improvements in combat robotic kits will increase consumer demand and manufacturer profitability.

Competitive Landscape

Customization has given a free hand to the customers to demand solutions that fit their specific end use. Overall, customers have the opportunity to get customized combat robotics kit manufactured from scratch. Even local and DIY product market players have started giving such options to the customers, thus creating a trend in the global combat robotics kit market and contributing towards the market growth.

Key Companies Profiled

• AdvanceTech
• Aerotenna
• Binarybots
• DFRobot
• Microchip Technology
• Mikroelektronika
• NXP Semiconductors
• Parallax, Inc.
• Pi Supply Ltd
• Seeed Technology
• SparkFun Electronics

Also, combat robotic kit manufacturers are developing competitive pricing strategies to stay ahead in competition while generating healthy profits. They are offering their products to leading players in the world championship in form of branding and marketing to get the presence to mass audience.

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Segmentation of Combat Robotic Kits Industry Research

• By Type :
o Wedges
o Spinners
 Vertical
 Horizontal
 Shell Spinner
o Drumbots
o Rammers
o Crushers
o Others
• By Sales Channel :
o Online Sales
 Company / Brand Website
 e-Commerce Website
o Offline Sales
• By End User :
o Individuals
o Professionals
• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o Middle East and & Africa (MEA)

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This release was published on openPR.