CAGR of 23% | Robotics as a Service (RaaS) Market to reach USD 40 billion by the end of 2026 | Cobalt Robotics, Glomatriz, Sofigate, Aethon, PrecisionHawk

CAGR of 23% | Robotics as a Service (RaaS) Market to reach USD 40 billion by the end of 2026 | Cobalt Robotics, Glomatriz, Sofigate, Aethon, PrecisionHawk

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Worldwide Robotics as a Service (RaaS) 2018 Research Report presents a professional and complete analysis of Global Robotics as a Service (RaaS) Market on the current situation.

The latest market research report titled Robotics as a Service (RaaS) Market offers a detailed evaluation of the market situation within a specific geographic region. This Robotics as a Service (RaaS) Market study contains vital data on market shifts owing to social, economic, cultural and technological changes worldwide. Explaining market opportunities remains the key focus of the study. Industry experts analysing the business environment also take a closer look at the organizational alignment as well as the capital structure.

An exclusive model known as Robotics as a Service (Raas) is a combination of robotics, AI, cloud computing and shared services. With RaaS, clients don’t really need to purchase an integrated solution, instead they can lease the robotic devices as a cloud based service.

RaaS provides Facility of an integrated solution rather than clients need to buy so that they can lease the robotics of their need as a cloud based service. RaaS lets businesses store data that are collected by the robots on the cloud. Data stored by robots are stacked in a centrally stored cloud based system and accessible to humans thus ensuring multitasking, seamless data and process flow.

Latest business model Robotics-As-A-Service (RaaS) where robots are given as a service rather than as product so as to manage companies most manual, ordinary, monotonous, or lethal errands across numerous sites. Organizations that cannot invest in robots can leverage the power of robotics by renting and subscribing as it offers cost affordability, accessibility and feasibility.

RaaS model provides vastly flexible business solutions with a variety of tasks and options. RaaS can be used as lease-purchase or rental options depending on the requirements of clients. Robots helps organizations to improve their productivity by completing more work in a shorter time through the use of virtual agents.Leasing robots on a monthly or yearly basis reduces the upfront cost dramatically thus allowing manufacturers to invest in otherwise overtly expensive automation, without the need to break the bank.As the robot are leased, the obligation and expenditure of repairing the robot are handled by the robot provider.

Robotics as a Service Model is intensively used in the automotive industry but there is an increase in the adoption of this model in various industries like Manufacturing, Defense, Agriculture, Security & Surveillance, Logistics, Warehouse Automation, Delivery, Healthcare, Hospitality, Retail, Construction, Entertainment & Leisure and Miscellaneous but the two of the fastest growing industries that are turning to RaaS are healthcare and manufacturing.

Top key vendors in Robotics as a Service (RaaS) Market include are:
Cobalt Robotics, Glomatriz, Sofigate, Aethon, PrecisionHawk, Bossa Nova, Fetch Robotics, Fellow Robots, Hirebotics, Knightscope, Kraken Robotics, Liquid Robotics, Locus Robotics, Marble, 6 River Systems, Sarcos Robotics, Savioke, Starship Technologies, The Small Robot Company, RedZone, inVia Robotics

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Apart from this, the valuable document weighs upon the performance of the industry on the basis of a product service, end-use, geography and end customer.

The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Robotics as a Service (RaaS) industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Robotics as a Service (RaaS) industry.

A quick look at the industry trends and opportunities

The researchers find out why sales of Robotics as a Service (RaaS) are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2018 to 2025. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Robotics as a Service (RaaS) industry.

On the basis of product, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into

  • Personal service robots
  • Professional service robots
  • Ohters

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

  • Robotics as a cloud service
  • Robots on rental

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Understanding the market size

The size of the Robotics as a Service (RaaS) market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Robotics as a Service (RaaS) report.

Region wise performance of the Robotics as a Service (RaaS) industry

This report studies the global Robotics as a Service (RaaS) market status and forecast, categorizes the global Robotics as a Service (RaaS) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

•             United States

•             Europe

•             China

•             Japan

•             Southeast Asia

•             India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Robotics as a Service are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2026

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The research provides answers to the following key questions:

•             What will be the growth rate and the market size of the Robotics as a Service (RaaS) industry for the forecast period 2018-2025?

•             What are the major driving forces expected to impact the development of the Robotics as a Service (RaaS) market across different regions?

•             Who are the major driving forces expected to decide the fate of the industry worldwide?

•             Who are the prominent market players making a mark in the Robotics as a Service (RaaS) market with their winning strategies?

•             Which industry trends are likely to shape the future of the industry during the forecast period 2018-2025?

•             What are the key barriers and threats believed to hinder the development of the industry?

•             What are the future opportunities in the Robotics as a Service (RaaS) market?

Why buy?

1.            Understand the demand for global Robotics as a Service (RaaS) to determine the viability of the market.

2.            Identify the developed and emerging markets where Robotics as a Service (RaaS) are offered.

3.            Identify the challenge areas and address them.

4.            Develop strategies based on the drivers, trends and highlights for each of the segments.

5.            Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.

6.            Recognize the key competitors of this market and respond accordingly.

7.            Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.

8.            Define the competitive positioning by comparing the products and services with the key players in the market.

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Key points from TOC

3 Company (Top Players) Profiles

3.1 Cobalt Robotics
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Robotics as a Service (RaaS) Revenue (Value) (2014-2019)
3.1.5 Recent Developments

3.2 Glomatriz
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Robotics as a Service (RaaS) Revenue (Value) (2014-2019)
3.2.5 Recent Developments


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