Global Smart Robots Market study includes In-depth Analysis of the market by latest technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The smart robots Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in smart robots Business, Market Share of Product, Application and Regional Scope of smart robots which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.
The global smart robots market size is expected to attain USD 16.46 billion by the end of 2025 and is estimated to register CAGR of 22.4% during the forecast period from 2018 to 2025, according to a new report by Million Insights. The growing trend of robotic automation and technological development for industrial applications is projected to increase the demand for smart robots in the next few years.
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Smart robotic solutions are highly used in applications such as palletizing, packaging and metal fabrication. These robots can perform various tasks in maintenance & manufacturing operations. Smart robots play a key role in reducing labor costs and improving productivity in industrial operations. Additionally, several benefits like greater accuracy and minimum accidents are expected to positively impact on market growth.
The adoption of new technologies with the integration of artificial intelligence tools and IoT-based devices is helping to improve the efficiency of smart robots. Several companies such as ABB Ltd, Fanuc Corporation invest in developing robotic technologies. All these key factors are anticipated to surge the market growth over the forecasted years.
In the industrial sector, growing demand for process automation is boosting the need for industrial robots. Furthermore, rising investment of firms in using smart robots for material handling, packaging applications is boosting the market growth. Moreover, growing adoption of artificial intelligence based and IoT enabled devices are expected to proliferate the demand for smart robots.
Smart robot market is moderately volatile in nature due to stiff competition among key players, and factors like strategic acquisitions & mergers. In 2016, Panasonic Corporation has acquired Open Synergy GmbH, which deals with software development in automotive sector. Key manufacturers in the market are Robot Corporation, ABB Ltd, Fanuc Corporation; Kuka AG, and Panasonic Corporation.
Table of Contents
Chapter 1 smart robots Market Overview
1.1 smart robots Definition
1.2 smart robots Market Size Status and Outlook (2018-2025)
1.3 Global smart robots Market Size Comparison by Region (2018-2025)
1.4 Global smart robots Market Size Comparison by Type (2018-2025)
1.5 Global smart robots Market Size Comparison by Application (2018-2025)
1.6 Global smart robots Market Size Comparison by Sales Channel (2018-2025)
1.7 smart robots Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Chapter 2 smart robots Market Segment Analysis by Player
Chapter 3 smart robots Market Segment Analysis by Type
And Continue…
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