Advanced Robotics Market - Global Industry Analysis

Advanced Robotics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-5503 Status : Upcoming

Description

Advanced Robotics Market: Outlook

Advanced robots are capable robots with enhanced senses, dexterity, and intelligence used to automate tasks or support humans. As compared to traditional robots, advanced robots possess exceptional perception, adaptability, mobility, and integrability. These robots are compact and adaptive and can be used as human substitutes in manufacturing sector along with service sector. Moreover, advanced robotics can facilitate the innovations in surgical robots, exoskeleton braces, and robotic prosthetics, thereby assisting individuals with mobility problems to carry out their routine tasks in a normal way.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Growing need for developing organizational competencies and designing effective system architecture will add to the popularity of advanced robotics in the coming years. Reportedly, advanced robotics is projected to bring a paradigm shift in manufacturing and construction sectors. Moreover, advanced robotics is predicted to become a catch phrase of the next decade. It is yet another great stride in the ecosphere of technology and a technological prowess aided by the human mind to make life on the earth more comfortable and worth living.

Advanced Robotics Market: Growth Dynamics

Advanced robotics yield advantages such as improved productivity, safety, quality, and agility and this will steer the market trends. Breakthroughs in machine vision, AI, actuators, sensing technology, and machine to machine interactions will further accentuate the business growth over the coming decade.  Reportedly, integrating advanced robotics with other systems as well as process enhancements or layouts are likely to yield cost savings worth nearly 41% over the coming years.

Furthermore, beneficial features of advanced robots (also referred as next-gen robots) like multispeed utility, robotic kiting, and mobile applications are predicted to propel the expansion of advanced robotics industry over the forecast timespan. With massive use of advanced robotics in transport & logistics, automotive, and technology sectors, the market space is projected to expand in the near future. In addition to this, advanced robotics is used for processing big data sets in cloud computing and sensor technologies. Additionally, it helps in improving human-machine interaction as well as the end-user interface. Escalating need for creating autonomous & decentralized production processes and integration of additive manufacturing techniques with advanced robotics will enlarge the market scope over the forthcoming years. Nonetheless, with fewer acceptances of advanced robots by small-scale industries due to budgetary constraints, the market may witness growth retardation for a temporary period. 

Advanced Robotics Market: Market Segmentation

The global advanced robotics market can be divided depending on applications and regions. On the basis of applications, the market is classified into process industries, healthcare, technology, automotive, transport & logistics, consumer goods, and engineered products industries. Region wise, the market is divided into North America, the Middle East and Africa, Europe, Latin America, and Asia Pacific.

Advanced Robotics Market: Regional Analysis

Europe will dominate the overall market growth during the forecast timespan with countries like Germany, Poland, Italy, and France contributing majorly towards the global market earnings. Firms in these countries are focusing on automating their manual processes due to shortage of workforce along with need for enhancing the work quality to compete in the global marketplace. Apparently, massive government fund allocation promoting use of new technologies like advanced robotics across various industries will prompt the regional market growth.

For the record, emerging economies like India and China are predicted to make notable contributions towards the overall market size in the years ahead.

Competitive Landscape

Key players influencing the market are NXP Semiconductors, Rethink Robotics, DENSO Corporation, CMA Robotics, ST Robotics, Techman Robots, ABB , Mitsubishi Electric Corporation, and Universal Robots.

Global Advanced Robotics Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

Advanced robotics yield advantages such as improved productivity, safety, quality, and agility and this will steer the market trends. Breakthroughs in machine vision, AI, actuators, sensing technology, and machine to machine interactions will further accentuate the business growth over the coming decade.  Reportedly, integrating advanced robotics with other systems as well as process enhancements or layouts are likely to yield cost savings worth nearly 41% over the coming years. Furthermore, beneficial features of advanced robots (also referred as next-gen robots) like multispeed utility, robotic kiting, and mobile applications are predicted to propel the expansion of advanced robotics industry over the forecast timespan. Additionally, it helps in improving human-machine interaction as well as the end-user interface. Escalating need for creating autonomous & decentralized production processes and integration of additive manufacturing techniques with advanced robotics will enlarge the market scope over the forthcoming years.

The key players profiled in the report include NXP Semiconductors, Rethink Robotics, DENSO Corporation, CMA Robotics, ST Robotics, Techman Robots, ABB , Mitsubishi Electric Corporation, and Universal Robots.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed