The global “Smart Robot Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Smart Robot Market Size, Share & COVID-19 Impact Analysis, By Type (Personal/Domestic Robots and Professional Robots), By Mobility (Mobile, Fixed/Stationary), By Application (Inspection and Maintenance, Material Handling and Sorting, Security and Surveillance, Education and Entertainment), By End User (Manufacturing, Healthcare, Agriculture, Military and Defense), and Regional Forecast, 2020-2027”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Smart Robot Market share, types, applications, growth factor, key players and regions.
“The global smart robot market size was USD 5.98 billion in 2019 and is projected to reach USD 31.11 billion by 2027, exhibiting a CAGR of 23.1% during the forecast period”
- A comprehensive overview of the Smart Robot Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the Smart Robot Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.
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List of Top Key Manufacturers for Smart Robot Market:
- SoftBank Corp (Tokyo, Japan)
- GeckoSystems Intl. Corp. (Georgia, United States)
- Aethon, Inc. (Pittsburgh, Pennsylvania, United States)
- Neato Robotics, Inc. (San Jose, California, United States)
- Samsung Electronics Co., Ltd (Suwon, Korea)
- ABB Ltd (Zürich, Switzerland)
- KUKA Aktiengesellschaft (Augsburg, Germany)
- FANUC CORPORATION (Oshino, Yamanashi, Japan)
- Hanson Robotics Limited (Hong Kong)
- YASKAWA ELECTRIC CORPORATION (Kitakyushu, Fukuoka, Japan)
- BLUE FROG ROBOTICS SAS (Paris, France)
- Kongsberg Gruppen ASA (Kongsberg, Norway)
- Universal Robots A/S (Odense, Denmark.)
- ECA GROUP (La Garde, France)
- iRobot Corporation (Bedford, Massachusetts, United States)
- DeLaval Inc. (Tumba, Botkyrka, Sweden)
- Intuitive Surgical, Inc (Sunnyvale, California, United States)
- Rethink Robotics GmbH (Bochum, Germany)
- Honda Motor Co., Ltd. (Minato City, Tokyo, Japan)
Ongoing Industrialization to Foster Growth in the Asia Pacific
The market for smart robot in Asia Pacific is expected to witness a rapid growth rate during the forecast period. The increasing adoption of robots in China and South Korea will promote expansion in the Asia Pacific. The development of robotic technologies can have a tremendous impact on the market in the region. As per the ‘Robot-ready: adopting a new generation of industrial robots report’ published by the PWC in June 2018, china has recorded the shipments of 115,000 industrial robots in 2017. South Korea, Japan, Singapore, and China are leading in the production and usage of industrial robots. The rising industrialization in developing countries will facilitate the healthy growth of the market in the Asia Pacific. Europe is expected to expand radically during the forecast period owing to the industrial automation in various European countries.
Some of the Key Questions Answered in this Report:
- Detailed Overview of Smart Robot Market will help deliver clients and businesses making strategies.
- Influencing factors that are thriving demand and latest trends running in the market.
- Smart Robot Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
- What trends, challenges and barriers will impact the development and sizing of the Global Smart Robot Market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Smart Robot Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the Smart Robot Market demand?
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Regional Analysis for Smart Robot Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
The Smart Robot Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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Major Table of Contents for Smart Robot Market Research Report:
- Executive Summary
- Market Dynamics
- Key Smart Robot Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Smart Robot Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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