Market Overview

$17.56 Billion Smart Robot Market Opportunity 2018-2025: Analysis by Component, Application and Industry Vertical - ResearchAndMarkets.com

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The "Smart
Robot Market by Component, Application, Industry Vertical - Global
Opportunity Analysis and Industry Forecast, 2018-2025"
report
has been added to ResearchAndMarkets.com's offering.

The global smart robot market is expected to value at $4,057 million in
2017, and is projected to reach $17,561 million by 2025, registering a
CAGR of 19.6% from 2018 to 2025.

The increase in field of automation, the rise in demand for robotic
advancement for connected world and capability of robots to identify the
breakdowns in the industry fuel the growth of the market. In addition,
strong government initiative for the factory automation also contribute
to the market growth. However, higher manufacturing cost and
insecurities regarding the robots hamper this stated growth.

Based on component, the hardware segment generated the highest revenue
in the smart robot market in 2017, and is expected to remain dominant
during the forecast period. In addition, based on application, the
assembling & disassembling segment generated the highest revenue
followed by welding & painting and mobility.

Based on industry vertical, the automotive industry accounted for the
majority market share of the smart robot market followed by the
manufacturing industry.

Key Findings

  • The hardware segment is estimated to generate the highest revenue in
    the global smart robot market in 2018.
  • In 2018, the automotive industry is projected to be the highest
    revenue contributor in the industry vertical segment.
  • Asia-Pacific is anticipated to exhibit the highest CAGR during the
    forecast period.
  • In 2018, North America contributes the highest market share, followed
    by, Europe, Asia Pacific and LAMEA.

Key Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Smart Robot Market, By Component

Chapter 5: Smart Robot Market, By Application

Chapter 6: Smart Robot Market, By Industry Vertical

Chapter 7: Smart Robot Market, By Region

Chapter 8: Company Profiles

  • iRobot Corporation
  • Asea Brown Boveri Ltd. (ABB)
  • Seiko Epson Corporation
  • Greyorange Pte Ltd.
  • Rethink Robotics
  • Kuka
  • F&P Personal Robotics
  • Softbank Robotics
  • Yaskawa Electric
  • Fanuc

For more information about this report visit https://www.researchandmarkets.com/research/s45wzp/17_56_billion?w=4

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