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Smart Robot Market -USD 4,100

Publish Date: 13-09-2019 10:56:58 | Contact name: jayashree | Location: INDIA | Place: Maharatshra | 1 times displayed |

Robot Market
is expected to grow from USD 4.54 Billion in 2017 to USD 29.46
Billion by 2026, at a CAGR of 23.1% between 2017 and 2026. (Detailed analysis
of the market CAGR is provided in the report)

Smart Robot is an artificial
intelligence system capable of carrying out a complex series of actions
automatically and can learn from its environment, its experience, and build its
capabilities based on that surrounding knowledge. Smart robots are used in a
variety of applications such as industrial, professional and personal use. In
addition, can be programmed to handle complex operations such as patient
assisting, automotive assembly, microscopic nano robots.

Increasing investments toward
industrial automation, growing use of artificial intelligence in robot
applications, growing adoption of autonomous robots for professional services,
growing government aid for R&D of AI-enabled robots, emerging technological
advancements in the field of robotics, and growth in adoption of robots in
various sectors such as manufacturing industries, process industries,
automotive industries, and healthcare. However, high initial investments, huge
expenditure on research and development of robots are the major factors
restraining the growth of the smart robot market.

Further key findings from the

• From service application segment
professional service application held the largest share in 2016. And is also
expected to grow at CAGR of 22.2 during the forecast period. Increasing demand
in medical and marine applications is expected to drive this market

• Among the geographical regions,
North America accounted for the largest revenue of smart robots market in 2016
owing to significant technological adaptions, and innovation. Since North
America was among the first smart robots market it is expected to dominate the
overall smart robot market during the forecast period

• APAC to hold the largest share
of smart robot market by 2026, this growth can be attributed to factors such as
the increase in the adoption rate of robots for almost all the major industrial
and service applications. The increased elderly population in populous
countries in APAC such as China, India, and Japan is expected to employ humanoids
for personal assistance and caregiving applications

• Smart robot market for software
is expected to grow at a higher CAGR between 2017 and 2026. Technological
advancements in various applications lead to increased complexity in terms of
artificial intelligence, autonomous applications this, in turn, demands
accurate and efficient software system. Hence smart robot market for software
as compared to hardware assists complex functionalities to process efficiently
and accurately

Key Highlights:

• Analyzes competitive
developments such as contracts, joint ventures, mergers & acquisitions,
collaborations, product launches & developments, and research and
development (R&D) in the Smart Robot Market

• The objective of the report is
to provide a detailed analysis of the Smart Robot Market on the basis of a
component, industrial application, service application, and geography

• Complete quantitative analysis
of the industry from 2017 to 2026 to enable the stakeholders to capitalize on
the prevailing market opportunities

• In-depth analysis of the
industry on the basis of market segments, market dynamics, market size,
competition & companies involved value chain

• Analysis of the Smart Robot
Market with respect to individual growth trends, prospects, and contribution to
the total market

• Segment wise business
performance detailed in the report will be worthwhile for the organizations
willing to enhance its business

• Provides detailed information
regarding the major factors influencing the growth of the Smart Robot Market
(drivers, restraints, opportunities, and challenges)

• This report would help
stakeholders understand their competitors better and gain more insights to
enhance their position in the business

Years that have been considered
for the study are as follows:

• Base Year – 2016

• Estimated Year – 2017

• Forecast Period – 2017 to 2026

For company profiles, 2016 has
been considered as the base year. In cases, wherein information was unavailable
for the base year, the years prior to it have been considered

Research Methodology:

Bloomberg, Hoovers, Factiva are
some of the sites that are being referred to gain insights about Smart Robot
Market. Experts from top manufacturing companies along with other stakeholders
have been considered. This is done to validate and collect critical information
for evaluating trends related to Smart Robot Market during the forecast period.
Top-down and bottom-up approaches have been used to estimate the global and
regional size of this market. Data triangulation techniques along with other
comparative analysis are also used to calculate the exact size of the Smart
Robot Market globally

Key Players in the Smart Robot
Market Are:

• Irobot

• Softbank

• Kuka

• Hanson Robotics


• Honda Motor

• Amazon.Com

• Yaskawa Electric

• Fanuc

• Omron Adept Technologies

• Samsung Electronics

• Delaval

• Eca

• Intuitive Surgical

• Aethon

• Rethink Robotics

• Geckosystems

Key Target Audience:

• Electronic design automation
(EDA) and design tool vendors

• ODM and OEM technology solution

• Assembly, testing, and packaging

• Intellectual property (IP) core
and licensing providers

• End-users/enterprise-users

• Research institutes and

• Enterprise data center

• Market research and consulting

• Government bodies,venture
capitalists, and private equity firms.

The scope of the Smart Robot

For more information visit:

Research report categorizes the
Smart Robot Market based on component, industrial application, service
application and geography (region wise). Market size by value is estimated and
forecasted with the revenues of leading companies operating in the Smart Robot
Market with key developments in companies and market trends.

Smart Robot Market, By Component:

• Hardware

• Software

Smart Robot Market, by Industrial

• Electronics

• Automotive

• Food & Beverages

Smart Robot Market, By Service

• Personal

• Professional

Smart Robot Market, By Geography:

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Available Customization:

Maximize Market Research offers
customization of report and scope of the report as per the specific requirement
of our client.

This Report Is Submitted By
Maximize Market Research

Customization of the report:

Maximize Market Research provides
free personalized of reports as per your demand. This report can be
personalized to meet your requirements. Get in touch with us and our sales team
will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides
B2B and B2C research on 20,000 high growth emerging opportunities &
technologies as well as threats to the companies across the Healthcare,
Pharmaceuticals, Electronics & Communications, Internet of Things, Food and
Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage



Address: Maharashtra 411051,


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