The demand for robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety.
The global industrial robotics market is expected to reach US$ XX Billion by 2021, growing at a CAGR of over 8% between 2016 and 2021. The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally. On the basis of segment, the automotive industry accounted for highest share of the industrial robotics market. The electrical and electronics segment is the second largest market for industrial robotics and is expected to grow at double digit CAGR between 2016 and 2021. The metal industry is the third largest market for industrial robotics. Chemical, rubber and plastics industry is the fourth largest market for industrial robotics, while food industry accounted for over XX% share of the global industrial robotics market.
In terms of region, the five major markets including China, South Korea, Japan, United States, and Germany accounted for around 75% of the total industrial robotics sales volume in 2015. Asia/Australia is the world’s largest market for industrial robots, driven by growing demand for industrial robots from small- and medium-scale enterprises in China, Japan, South Korea, and India. Europe is the second leading region for industrial robotics market. Americas is the third largest market for industrial robots.
Service robots have witnessed widespread acceptance among various professional and personal applications. Professional service robots are employed in various industries including medical, defense, rescue and security, agriculture, logistics, construction, and professional cleaning among others, whereas personal service robots are used for domestic and entertainment and leisure purpose. The global service robotics market is expected to reach nearly US$ 13 Billion by 2021. In 2015, professional service robots accounted for XX% share of the global service robotics market. The market for domestic and personal service robotics segment is expected to grow during the forecast period, owing to high demand of service robots from the domestic and entertainment sectors and rise in disposable income of consumers.
Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/175213
In 2015, medical application was the major industry vertical, in terms of market share. Medical application employs service robots for a wide range of applications such as surgery, diagnostics, physical and mental therapy, and prosthetics among others. The defense segment accounted for second largest share of the professional service robotics market in 2015. The implementation of robotics in agriculture is expected to bring out transformational result in coming years. The use of service robots in logistic industry is anticipated to show substantial growth. The growing online shopping space is the primary growth driver for this market.
iGATE RESEARCH report titled “Global Robotics Market (Industrial and Service Robotics) and Volume Forecast to 2021” provides a comprehensive assessment of the fast-evolving, high-growth Global Robotics Industry.
Buy the report@http://www.orbisresearch.com/contact/purchase/175213
This 195 Page report with 115 Figures and 18 Tables has been analyzed from 9 viewpoints:
1. Global Robotics Market and Volume Forecast (2009 – 2021)
2. Global Industrial Robotics Market and Volume Forecast (2009 – 2021)
3. Global Industrial Robotics Market and Volume Forecast – By Segment (2009 – 2021)
4. Industrial Robotics Volume and Forecast – Region and Country Wise Distribution (2010 – 2021)
5. Global Service Robotics Market and Volume Forecast (2009 – 2021)
6. Global Professional Service Robotics Market and Volume Forecast – By Segment (2009 – 2021)
7. Global Personal and Domestic Service Robotics Market and Volume Forecast – By Segment (2009 – 2021)
8. Key Player – Sales and SWOT Analysis (2010 – 2021)
9. Global Robotics Market – Growth Drivers and Challenges
Global Robotics Market and Volume Forecast – By Type
1. Industrial Robotics
2. Service Robotics
Global Industrial Robotics Market and Volume Forecast – By Segment
1. Automotive Industry
2. Electrical/Electronics Industry
3. Metal Industry
4. Chemical, Rubber and Plastics Industry
5. Food Industry
6. Others Industry
7. Unspecified Industry
Specific Report on Industrial Robotics Market: http://www.orbisresearch.com/reports/index/industrial-robotics-market-and-volume-by-application-automotive-industry-electrical-electronics-metal-chemical-rubber-and-plastics-food-others-unspecified-geographical-distribution-and-key-players-analysis-global-forecast-to-2021
Industrial Robotics Volume and Forecast – Region and Country Wise Distribution
Rest of South America
Republic of Korea
5. Rest of the World (ROW)
Global Service Robotics Market and Volume Forecast – By Type
1. Professional Service Robotics
2. Personal and Domestic Service Robotics
Global Professional Service Robotics Market and Volume Forecast – By Segment
6. Mobile Platforms
9. Rescue and Security
11. All Others
Specific Report on Service Robotics Market: http://www.orbisresearch.com/reports/index/service-robotics-market-and-volume-by-type-professional-service-robots-personal-and-domestic-service-robots-by-application-medical-defense-logistics-field-construction-rescue-and-security-professional-cleaning-robots-mobile-platforms-underwater-inspection
Global Personal and Domestic Service Robotics Market and Volume Forecast – By Segment
1. Household Robotics
2. Entertainment and Leisure Robotics
Global Robotics Market – Key Players Sales and SWOT Analysis
1. KUKA AG
2. Adept Technology (Acquired by OMRON)
3. iRobot Corporation
4. Intuitive Surgical
6. Yaskawa Electric Corporation
iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Company Name: Orbis Research
Contact Person: Hector Costello
Phone: +1 (214) 884-6817
Address:4144N Central Expressway, Suite 600
Country: United States