Pages : 227 Publish Date: Jun 2018
Smart Robot Market
“ In 2018, based on component, the hardware segment is estimated to dominate the global smart robot market in terms of revenue. Furthermore, based on application, assembling & disassembling is projected to lead the global market, followed by welding & painting in 2018. Smart robot uses artificial intelligence (AI) software, various type of sensor technology which is further used to monitor various industrial as well as residential operations. In addition, advancements in technology used in smart robots makes them more powerful, efficient, and attractive. �
Chandani Poddar & Pranav Padalkar Lead Analyst, Semiconductor & Electronics at AMR.
Smart Robot Market • The Global Smart Robot Market is expected to value at $4,057 million in 2017, and is projected to reach $17,561 million by 2025, registering a CAGR of 19.6% from 2018 to 2025. Smart robot is a reprogrammable, multifunctional manipulator designed to move material, parts, tools, or specialized devices through various programmed motions for the performance of a variety of tasks. Autonomous robot uses coding algorithm to perform a specified operation and changes its working in accordance with the changes made in the programming. • The increase in field of automation, the rise in demand for robotic advancement for connected world and capability of robots to identify the breakdowns in the industry fuel the growth of the market.
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Smart Robot Market Key Benefits
• The hardware segment is estimated to generate the highest revenue in the global smart robot market in 2018. • In 2018, the automotive industry is projected to be the highest revenue contributor in the industry vertical segment. • Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period. • In 2018, North America contributes the highest market share, followed by, Europe, Asia Pacific and LAMEA.
Smart Robot Market
Smart Robot Market By Geography
Smart Robot Market Top Impacting Factor
Key Players In Industry • • • • • • • • • •
ABB iRobot Corporation Grey orange Pte Ltd. Epson America, Inc. Rethink Robotics KuKa F&P Personal Robotics SoftBank Robotics Yaskawa Electric Fanuc.
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Smart Robot Market Segments
Smart Robot Market
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By Component By Application By Industry Vertical By Region
Smart Robot Market By Geography North America, Europe, Asia-Pacific, LAMEA
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