Global Top Robotics Market

   2019-02-12       75        Business
Rating :
Global Top Robotics Market is expected to reach USD 105.56 Billion by 2024 from USD 50.31 Billion in 2017 at a CAGR of 9.7%
The global market for robotics is expected to display double-digit growth due to the increasing automation across industries. Automation is increasingly becoming the buzzword across labour-intensive industries that are grappling with rising labour costs and lack of skilled workforce issues. This has pushed the adoption of robotic technology to automate operations. Industrial robots, for instance, are deployed in manufacturing and production settings to perform an array of programmed tasks. Global Top Robotics Market is majorly segmented by robotic type. By robotic type, the market is segmented as Top Service Robotics Market, and Top Industrial Robotics Market. Top Service Robotics Market is further segmented by types and applications. By types, Top Service Robotics Market is segmented as Professional Robots and Personal and Domestic Robots. By application, the market is segmented as Domestic, Entertainment, Education, and Personal, Defence, Rescue, and Security, Field, Medical, Public Relations and Inspection, Logistics, Human Exoskeleton, and Construction. Top Industrial Robotics Market is further segmented by types and applications. By types, Top Service Robotics Market is segmented as Articulated Robots, SCARA Robots, Cartesian Robots, Parallel Robots, and Collaborative Robots. By application, the market is segmented as Automotive, Electrical and Electronics, Metal and Machinery, Chemicals, Rubber, and Plastics, Food & Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics, and Others. Geographically, the Top Robotics Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia-Pacific is expected to be the largest market for Top Robotics market during the forecast period. Adoption of robots by countries for all purpose including services and industrial, such as China, India, Japan, and South Korea for a myriad of personal and professional applications contribute to the growth of the Global Top Robotics Market in APAC. The years that have been considered for the study are: • Base year – 2017 • Estimated year – 2018 • Forecast period – 2018 to 2024 Key Highlights: • Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for Global Top Robotics Market during the forecast period • Complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Global Top Robotics Market analysis and comprehensive segmentation with respect to the robotics type, and geography to assist in strategic business planning • Global Top Robotics Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their key regions Research Methodology: The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get the unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Global Top Robotics Market.

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Thomas Maximize

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electroni..


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