Global Robotics Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

-


According to the latest report by IMARC Group titled, “Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the market reached a volume of nearly 8 Million Units in 2017, growing at a CAGR of more than 23% during 2010-2017. Looking forward, the market is expected to reach a volume of 23 Million Units by 2023.

Request to get the sample report: https://www.imarcgroup.com/robotics-market/requestsample

Robotics is the branch of artificial intelligence (AI) that deals with the designing, construction and operations of robots. It consists of different fields of computer science and mechanical and electrical engineering. Robots are industrial machines that are programmed to perform one or more complex tasks with speed and precision. Rapid development in the field of robotics has enabled its application across various industries like healthcare, defense, aerospace and automotive.
In recent years, controlled movements of robots and their ability to lift heavy loads without injury or tiredness have contributed to their rising demand. They aid in reducing human labor, overcoming the lack of skilled labor, and enhancing the overall productivity of any given task. Furthermore, healthcare and defense are the two key sectors where robots are extensively used for diversified purposes such as surgeries and discreet surveillance. Robots can also be used in dangerous environmental conditions including uneven terrains, poor lighting and high toxicity. Additionally, increasing usage of robots is being supported by the implementation of stringent international labor laws which aim toward reducing the number of work accidents. Moreover, as the use of robots is income elastic, a swift rise in disposable incomes of consumers across the globe has enabled them to employ services robots on a large-scale.

Explore Related Research Reports: https://www.imarcgroup.com/robotics-market

Market Segmentation:
Breakup by Product Type:
  • Industrial Robots
  • Service Robots
Regional Insights:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Others
Competitive Landscape
The report has also examined the competitive landscape of global robotics market. Some of the major players in the market are ABB Group, KUKA AG, FANUC Corporation, Yaskawa Electric Corporation, etc.

Key highlights of the report:
  • Market Performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Competitive Structure
  • Profiles of Key Players
For India market research reports, visit: http://www.marketresearchindia.co.in

Browse Related Report

https://www.imarcgroup.com/data-center-server-market

https://www.imarcgroup.com/3d-printing-market

About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
Location: New Jersey, USA

Comments

Post a Comment

Popular posts from this blog

$1197 Billion Global Advertising Market Size to Expand at a CAGR of 9% during 2019-2023

-
Advertising is a form of mass media communication which helps in endorsing a product, service or idea. It enhances the consumers’ awareness regarding the new product launches and assists them in their purchasing decisions. Some of the traditional mass media communication sources are newspapers, television, radio and magazines, while contemporary advertising means include social media, blogs, websites, text messages, etc. A new research report by IMARC Group, titled  “Global Advertising Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” , estimates that the market was approximately US$ 734 Billion in 2017. The report further anticipates the market to cross US$ 1197 Billion by 2023, at a projected CAGR of nearly 9% over the forecast period. Request for a free sample copy of this report:   https://www.imarcgroup.com/global-advertising-market/requestsample Market Drivers/Constraints: Over the years, consumers’ expenditure on entertainment as well as media
Read more

Xylitol Market to Reach US$ 1,225 Million by 2025 , Industry Overview, Growth Rate and Forecast

-
As per the latest report by IMARC Group, titled “ Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the  global  xylitol market   size  reached US$ 875 Million in 2019. Xylitol is a sugar alcohol with a crystalline and granular structure and sweetness, which is comparable to sucrose. Also known as wood sugar, it is derived from xylose that occurs naturally in various fruits and vegetables. On a commercial scale, xylitol can be produced by chemical and biotechnological processes. With the rising health-consciousness, consumers are willing to spend more on natural sweeteners, such as xylitol, as it has around 75% fewer carbohydrates and 40% lesser calories as compared to table sugar. Request for a free sample copy of this report:  https://www.imarcgroup.com/xylitol-market/requestsample Global Xylitol Market Trends: Xylitol finds applications in numerous industries ranging from food and beverage (F&B), pharmaceutical, cosmetics
Read more

OpenStack Service Market Research Report 2019, Industry Trends, Share, Size, Demand and Future Scope

-
 According to the IMARC Group,  OpenStack  refers to an open-source platform that enables users to freely access, modify, and share the source code. It is a form of Infrastructure-as-a-service (IaaS) that facilitates communication and storage between the computer hardware and the cloud. OpenStack includes various computing services, consisting of object and block storages, networking and shared file systems, etc. These services are used for web hosting, conducting big data projects, delivering software-as-a-Service (SaaS), and effectively utilizing resources through a web interface. Request for a free sample copy of this report:  https://www.imarcgroup.com/openstack-service-market/requestsample The rising adoption of cloud-based and internet-enabled services is driving the  OpenStack service market . In recent times, OpenStack has emerged as a cost-efficient service that fortifies virtual computing infrastructure, thereby enabling the customized modification of hardware and software co
Read more