Title: Global Robotics Market | Size | Growth | Trends | Analysis and Research Report 2017 - 2022
1 Robotics Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2017-2022
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3Report Description and Highlights
Report Description
- Global Robotics Market Bolstered by Increasing
Applications - The global robotics market has grown at a robust
rate in the past few years. Two of the major
growth factors have been the confluence of
technological advancements and rising labour
costs. - Robotics refers to the branch of technology that
deals with the design, construction and operation
of a robot. This technology offers innumerable
advantages such as flexibility, precision,
consistency and increased production. With the
technological innovations, robots have now become
more advanced with better sensors, improved
vision and faster processors. IMARC Groups
latest report, titled Robotics Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2017-2022, finds that the global
robotics market reached a volume of around 6.5
Million Units in 2016, growing at a CAGR of
nearly 25 during 2009-2016. - Highlights of the Global Robotics Market
- A growing demand for robots in the medical,
defence and entertainment industry represents the
primary growth driving factor. - Service robots have the highest production,
accounting for the majority of the market share. - North America accounts for the majority of the
global share, representing the largest market.
4Report Description and Highlights
Report Description
5Report Description and Highlights
Report Description
A growing demand for smartphones and tablets has
been witnessed in the past several years. This
has supplemented the process of robot
development, thus, augmenting the global demand
for robots. Apart from this, a rising demand for
robots in the medical, defence and entertainment
industry is another force that is influencing the
market growth. Several other factors like
increase in disposable income, urbanisation and
industrialisation rates, rising labour costs as
well as expanding applications of robots are also
catalysing the growth. According to the report,
the market is further expected to reach a volume
of more than 19 Million Units by 2022. Request
Sample of the Report http//www.imarcgroup.com/r
equest?typereportid792flagB The market has
been segmented on the basis of product type.
Currently, service robots dominate the global
robotics market accounting for the majority of
the market share. On the basis of region, North
America represents the largest market accounting
for more than a third of the total global
share.This can be attributed to the rapid
adoption of new technologies coupled with
increasing research and development investments
in the region. The other major regions include
Europe, Asia-Pacific, Latin America and Others.
Some of the key players operating in the market
are ABB Group, KUKA AG, FANUC Corporation and
Yaskawa Electric Corporation. Read full report _at_
http//www.imarcgroup.com/robotics-market
6Report Description and Highlights
Report Description
- The report has examined the global robotics
market on the basis of - Product type
- Service robots
- Industrial robots
- Regions
- North America
- Europe
- Asia-Pacific
- Latin America
- Others
- Major Manufacturers
- ABB Group
- KUKA AG
7Report Description and Highlights
Report Description
Find more reports related to Technology and Media
Industry Portable Medical and Healthcare
Devices Market _at_ http//www.imarcgroup.com/global-
portable-health-monitoring-devices-market Home
Automation System Market _at_ http//www.imarcgroup.c
om/home-automation-system-market
8Report Description and Highlights
Report Description
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