Global Robotics Market Growth Trends, Share, Size, Research Report And Forecast 2018-2023

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     Global Robotics Market Bolstered by
Increasing Applications

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Report 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 2018-2023,
finds that the global robotics market reached a
volume of 7.9 Million Units in 2017, growing at a
CAGR of 23.1 during 2010-2017.
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Report Description and Highlights
Report Description

• 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.
• 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 23.2 Million Units by 2023.
•  
• Read more here https//www.imarcgroup.com/robotic
  s-market

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Report Description and Highlights
Report Description

• 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.The report has
  examined the global robotics market on the basis
  of
• Product type
• Service robots
• Industrial robots
• Regions
• North America
• Europe
•  Request Sample Of The Report
  https//www.imarcgroup.com/request?typereportid
  792flagB

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Report Description and Highlights
Report Description

• Asia-Pacific
• Latin America
• Others
• Major Manufacturers
• ABB Group
• KUKA AG
• FANUC Corporation
• Yaskawa Electric Corporation
• Browse more related reports 
• Cognitive Systems Market https//www.imarcgroup.
  com/cognitive-systems-market
• Home Security System Market https//www.imarcgro
  up.com/home-security-system-market

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Report Description and Highlights
Report Description

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