Smart Robots Market Research Report
The GMI Research expects the smart robots market to expand
at an increasing rate. From a regional perspective, Asia-pacific is expected to
grow at a higher CAGR due to the high adoption of smart robots for several industries.
The growing geriatric population in Asia-pacific economies, including Japan and
China, will drive the demand of the market.
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Smart Robots Market Dynamics (including
market size, share, trends, forecast, growth, forecast, and industry analysis)
Key
Drivers
The growing penetration of industrial automation and the
rising acceptance of autonomous robots for professional services are the
prominent factors surging the growth of the smart robots market
size. Moreover, the rapid technological developments in the field of
robotics and the growing introduction of advanced technology, including deep
learning, machine learning, and the Internet of things (IoT) in smart robots,
are further augmenting the growth of the market. Smart robots consist of
artificial intelligence, which allows them to be functional and perform their
tasks independently. Smart robots are being largely utilized for commercial,
industrial, and residential applications and are employed in the numerous
industrial sector that includes manufacturing, automotive, retail, healthcare,
and process industries like metal and mining, food & beverages, and energy
and utilities. All these factors are enhancing the demand of the market during
the forecast period.
Smart robots are fitted with a high-sensitive sensor which
controls the surrounding environment and provides feature including
self-correction and self-learning using deep learning technology. The recent
outbreak of the COVID-19 is bringing various new growth opportunities for the
market. The growing focus on maintaining social distance and staying at home is
widely influencing the total number of the working population, is promoting the
players to adopt smart robots to execute the manual tasks done by the workers.
On the other hand, the high initial research and development expenditure and
manufacturing costs will restraint the growth of the smart robots market.
Smart Robots Market’s leading
Manufacturers:
·
iRobot Corporation
·
KUKA AG
·
Fanuc Corporation
·
ABB Ltd.
·
Yaskawa Electric Corporation
·
Panasonic Industry Europe GmbH
·
OTC Daihen, Inc.
·
Kawasaki Heavy Industries
·
Omron Adept Technologies, Inc.
·
SoftBank Robotics
Smart Robots Market Segmentation:
Segmentation
by Component:
·
Hardware
o
Sensor
o
Actuator
o
Power Source
o
Control System
o
Others
·
Software
Segmentation
by Mobility:
·
Stationary
·
Mobile
Segmentation
by End-Use:
·
Industrial
·
Commercial
·
Residential
Segmentation
by Application:
·
Personal and Domestic
o
Companionship
o
Education and Entertainment
o
Domestic
o
Others
§
Elderly and Handicap Assistance
§
Home Security and Surveillance
·
Professional
o
Military & Defense
§
Spying
§
Search and Rescue Operations
§
Border Security
§
Combat Operations
o
Law Enforcement
§
Patrolling
§
Riot Control
o
Public Relations
§
Reception Management
§
Tour Guidance
§
Telepresence
o
Logistics Management
§
Pick and Place
§
Sorting
o
Industrial
§
Manufacturing
§
Material Handling
o
Inspection and Maintenance
o
Field/Agriculture
o
Healthcare Assistance
o
Others
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI Research
GMI Research is a market research and consulting company
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in various regions, including Asia-pacific, Europe, North America, and the Rest
of the World. The market research report offers in-depth analysis, which
contains refined forecasts, a bird's eye view of the competitive landscape,
factors impacting the market growth, and several other market insights to aid
companies in making strategic decisions. Featured in the ‘Top 20 Most
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2018, we at GMI Research are always looking forward to help our clients to stay
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