Press release
Smart Robots Market Trends, Insights And Analysis Forecast Report 2023-2032
Smart Robots Global Market
The Business Research Company's Smart Robots Global Market Report 2023 identifies increasing penetration of smart robots in industries as the major driver for the Smart Robots market's growth in the forecast period. Smart robots are a mix of advanced technology and efficient hardware that uses smart sensor technology (such as ultrasonic, light and touch sensors) to communicate with the physical world surrounding them. In Industry 4.0, modern robots are employed in production operations that often work around the clock without human supervision.
The global smart robots market size grew from $10.93 billion in 2022 to $13.79 billion in 2023 at a compound annual growth rate (CAGR) of 26.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The smart robots market size is expected to grow to $35.14 billion in 2027 at a CAGR of 26.3%.
Download Free Sample Of Smart Robots Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=4021&type=smp
Major competitors in the Smart Robots market are iRobot, SoftBank Robotics Group, ABB, KUKA, FANUC, Hanson Robotics, Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics, Universal Robots, DeLaval, Intuitive Surgical, Aethon, Samsung Electronics, GeckoSystems.
A key trend in the Smart Robots market includes Smart robots are now used in various applications including agriculture. Companies operating in the smart robots market are focusing on developing smart robots that can be used in agriculture. For instance, in 2020, Farmwise, a US-based robotics company, is creating autonomous agricultural robots to provide farmers with higher yields, more income, and a healthier climate. The company begins with an advanced weeding robot that can collect weeds from farms efficiently, reducing or removing the necessity for chemical pesticides. According to FarmWise, the robots have effectively eliminated weeds from more than 10 million plants.
Read More On The Global Smart Robots Market Report Here:
https://www.thebusinessresearchcompany.com/report/smart-robots-global-market-report
The Smart Robots market is segmented -
1) By Component: Hardware, Software, Services
2) By Product: Professional Service Robots, Personal Service Robots, Collaborative Robots
3) By End-User: Industrial, Residential, Commercial
4) By Application: Manufacturing, Healthcare, Defense, Energy and Utility, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Smart Robots market.
The Business Research Company's "Global Smart Robots Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Smart Robots Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=4021
The Table Of Content For The Smart Robots Market Include:
1. Executive Summary
2. Smart Robots market Characteristics
3. Smart Robots market Trends And Strategies
4. Smart Robots Market - Macro Economic Scenario
5. Smart Robots market Size And Growth
……
27. Smart Robots market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Robots market
29. Smart Robots market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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 Robots Market Trends, Insights And Analysis Forecast Report 2023-2032 here
News-ID: 3181007 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Robots
Fully Autonomous Robots: Revolutionizing the Construction Robots Market
The construction industry is on the cusp of a technological revolution, driven by the rise of robotics and automation. Within this rapidly evolving landscape, fully autonomous robots are emerging as a game-changer, poised to reshape how we design, build, and maintain our built environment. These robots leverage cutting-edge technologies like artificial intelligence (AI), machine learning, and advanced sensors to perform tasks with minimal human intervention, leading to increased efficiency, safety,…
Warehouse Robotics Market 2023| Bases on Products- Mobile Robots, Articulated Ro …
The Warehouse Robotics Market is a dynamic and growing segment within the food industry, characterized by the production and distribution of freshly made pasta products. With consumers increasingly seeking high-quality, artisanal, and convenient meal options, the Warehouse Robotics market has witnessed a surge in demand. It encompasses a wide range of pasta varieties, from traditional favorites like spaghetti and fettuccine to innovative, gourmet creations. The market's scope extends across both…
Pharmaceutical Robots Market 2021 Scope by Type (Traditional Robots (Articulated …
Pharmaceutical Robots Market report has been structured after a thorough study of various key market segments like market size, latest trends, market threats and key drivers which drives the market. This market study report has been prepared with the use of in-depth qualitative analysis of the global market. The report displays a fresh market research study that explores several significant facets related to Pharmaceutical Robots Market covering industry environment, segmentation…
Packaging Robots : Robots that Make Packaging Easier
Packaging robots are robotics system used for packaging purposes and reduce labor cost and package time. These packaging robots are flexible and can easily integrate into workspace. Packaging robots are type of industrial robots are used for packaging applications in manufacturing facilities for operations such as filling, primary packaging, placing, picking, palletizing, and de-palletizing.
Packaging robots provide a variety of benefits including reduced part package time, labor cost reduction, and…
Emotional Therapy Robots Market Key Players - BeatBotsPARO RobotsSoftbank Group, …
"Emotional Therapy Robots Market Overview: Introduction
Decisive Markets Insights brings out report on Global Emotional Therapy Robots Market. The comprehensive report presents clear foresight of the booming market owing to the expanding consumer base and technological advancement. Experts predicts the business to grow at a value of USD xx billion during 2020 – 2025 at a steady compounded annual growth of rate (CAGR) of x%, over the…
Global Medical Robots Market (Surgical Robots, Rehabilitation Robots, Telepresen …
The new and innovative report of the Medical Robots Market research has been published by Report Consultant to give desired insights to drive the growth of businesses. The report comprises the summarized data of the current scenario as well as predictions about the upcoming trends.
A medical robot is a robot used in the medical sciences. They include surgical robots. These are in most tele-manipulators, which use the surgeon's actions on…
