As per the latest report by IMARC Group, titled “Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on global robotics market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market reached a value of US$ 23.6 Billion in 2020. The global robotics market to grow at a CAGR of 20.6% during 2021-2026.
Robotics refers to an interdisciplinary field of science that deals with the conception, design, operation, handling and manufacturing of robots. Robots are multifunctional, automatic and re-programmable machines designed to accomplish various complex activities with precision, speed and intelligence. Earlier, their usage was limited to assembly lines in the automotive industry. Nowadays, robots are widely utilized for performing multiple tasks like exploring outer space, mowing lawns, cleaning nuclear waste and performing surgeries.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Robotics Market Trends:
The global robotics market is primarily driven by the rising adoption of automation and robotics technology to reduce human workload, increase accuracy and improve output levels. Additionally, the introduction of underwater robotics, self-driving vehicles and human-robot interaction is another growth-inducing factor. Furthermore, the increasing investments by leading companies in the robotics field coupled with extensive research and development (R&D) activities to ensure safe, secure and reliable production of robots have bolstered the market growth. Other factors, including several product innovations and the growing need for surgical robotics and collaborative robots in the healthcare sector, are also anticipated to create a favorable market outlook.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/robotics-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- ABB Group
- KUKA AG
- FANUC Corporation
- Yaskawa Electric Corporation
Robotics Market Segmentation:
Our report has categorized the market based on region and product type.
Breakup by Product Type:
- Industrial
- Service
At present, service robots are the most popular in the industry.
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Table of Contents:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Robotics Market
5.1 Market Overview
5.2 Key Market Drivers and Success Factors
5.3 Market Performance
5.3.1 Historical and Current Market Trends
5.3.2 Market Breakup by Product Type
5.3.3 Market Breakup by Region
5.3.4 Market Forecast
5.4 Impact of COVID-19
5.5 SWOT Analysis
5.5.1 Overview
5.5.2 Strengths
5.5.3 Weaknesses
5.5.4 Opportunities
5.5.5 Threats
5.6 Value Chain Analysis
5.7 Porter’s Five Forces Analysis
5.7.1 Overview
5.7.2 Bargaining Power of Buyers
5.7.3 Bargaining Power of Suppliers
5.7.4 Degree of Competition
5.7.5 Threat of New Entrants
5.7.6 Threat of Substitutes
6 Global Robotics Market by Product Type
6.1 Introduction
6.1.1 Industrial Robots and Service Robots
6.1.2 Key Market Trends and Developments
6.2 Global Industrial Robotics Market
6.2.1 Market Overview
6.2.2 Historical and Current Market Trends
6.2.3 Market Breakup by Type
6.2.3.1 Articulated Robots
6.2.3.1.1 Historical and Current Market Trends
6.2.3.1.2 Market Forecast
6.2.3.2 Cartesian Robots
6.2.3.2.1 Historical and Current Market Trends
6.2.3.2.2 Market Forecast
6.2.3.3 SCARA Robots
6.2.3.3.1 Historical and Current Market Trends
6.2.3.3.2 Market Forecast
6.2.3.4 Cylindrical Robots
6.2.3.4.1 Historical and Current Market Trends
6.2.3.4.2 Market Forecast
6.2.3.5 Others
6.2.3.5.1 Historical and Current Market Trends
6.2.3.5.2 Market Forecast
6.2.4 Market Forecast
6.2.5 Trade Data
6.3 Global Service Robotics Market
6.3.1 Market Overview
6.3.2 Historical and Current Market Trends
6.3.3 Market Breakup by Type
6.3.3.1 Personal and Domestic Robots Market
6.3.3.1.1 Historical and Current Market Trends
6.3.3.1.2 Market Forecast
6.3.3.2 Professional Robots Market
6.3.3.2.1 Historical and Current Market Trends
6.3.3.2.2 Market Forecast
6.3.4 Market Breakup by Applications
6.3.4.1 Household Applications
6.3.4.1.1 Historical and Current Market Trends
6.3.4.1.2 Market Forecast
6.3.4.2 Entertainment Applications
6.3.4.2.1 Historical and Current Market Trends
6.3.4.2.2 Market Forecast
6.3.4.3 Defence Applications
6.3.4.3.1 Historical and Current Market Trends
6.3.4.3.2 Market Forecast
6.3.4.4 Field Applications
6.3.4.4.1 Historical and Current Market Trends
6.3.4.4.2 Market Forecast
6.3.4.5 Logistics Applications
6.3.4.5.1 Historical and Current Market Trends
6.3.4.5.2 Market Forecast
6.3.4.6 Healthcare Applications
6.3.4.6.1 Historical and Current Market Trends
6.3.4.6.2 Market Forecast
6.3.4.7 Infrastructure Applications
6.3.4.7.1 Historical and Current Market Trends
6.3.4.7.2 Market Forecast
6.3.4.8 Mobile Platform Applications
6.3.4.8.1 Historical and Current Market Trends
6.3.4.8.2 Market Forecast
6.3.4.9 Cleaning Applications
6.3.4.9.1 Historical and Current Market Trends
6.3.4.9.2 Market Forecast
6.3.4.10 Others
6.3.4.10.1 Historical and Current Market Trends
6.3.4.10.2 Market Forecast
6.3.5 Market Forecast
7 Global Robotics Market by Region
7.1 North America
7.1.1 Market Overview
7.1.2 Historical and Current Market Trends
7.1.3 Market Breakup by Product Type
7.1.4 Market Forecast
7.2 Europe
7.2.1 Market Overview
7.2.2 Historical and Current Market Trends
7.2.3 Market Breakup by Product Type
7.2.4 Market Forecast
7.3 Asia Pacific
7.3.1 Market Overview
7.3.2 Historical and Current Market Trends
7.3.3 Market Breakup by Product Type
7.3.4 Market Forecast
7.4 Latin America
7.4.1 Market Overview
7.4.2 Historical and Current Market Trends
7.4.3 Market Breakup by Product Type
7.4.4 Market Forecast
7.5 Other Markets
7.5.1 Market Overview
7.5.2 Historical and Current Market Trends
7.5.3 Market Breakup by Product Type
7.5.4 Market Forecast
8 Competitive Landscape
8.1 Market Structure
8.2 Market Breakup by Key Players
8.3 Key Player Profiles
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