Le Lézard
Classified in: Science and technology
Subject: SVY

Commercial Robotics Market to Reach US$17.6 bn by 2022 at a Strong 24.4% CAGR, Says TMR

ALBANY, New York, October 5, 2017 /PRNewswire/ --

The global commercial robotics market has witnessed steady growth in the last few years due to rapid growth of vital end users such as the healthcare industry. Commercial robotics has become a crucial requirement in several parts of the healthcare sector, which is likely to enable a steady growth in demand from the global commercial robotics market in the coming years. Other sectors such as the defense and marine industries are also likely to exhibit growing demand from the global commercial robotics market in the coming years, brightening the market's prospects. The commercial robotics market is thus likely to exhibit a smooth growth trajectory in the coming years, according to Transparency Market Research.

The firm puts the commercial robotics market's 2017 valuation at US$5.9 bn, estimating the market to rise to a valuation of US$17.6 bn by 2022 at a strong 24.4% CAGR.

Utilization Benefits to Impact Market Growth Positively 

Digital rights management (DRM) is a technology to enable conditional access, to protect and outlaw the illegal spread of digital content across on-premise and on cloud. DRM is an advanced approach to copyright protection for digital media. Digital rights management is use to obstruct illegal distribution of digital content and control the ways consumers can copy content they have purchased. Primarily, rising popularity of social media platforms has resulted in the creation of large amount digital content. Digital content created or utilized by enterprises is also anticipated to grow. Hence, demand for managing digital content is primarily driving the global DRM market. The combination of DRM innovation by content proprietor or distributers bolsters them in creating income all the more proficiently by controlling copyrights and robbery robberies. Expanding center around computerized content administration through the arrangement of cloud based advanced rights administration combination is relied upon to support the interest for computerized rights administration arrangements.

Get a PDF Sample for this Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=31412

The North America market is set to dominate the global commercial robotics market in the coming years due to the widespread acceptance of the infrastructure required for adoption of commercial robotic systems. The steady technological advancement of the healthcare sector in North America is thus a major driver for the global commercial robotics market. Europe is also a major contributor to the global commercial robotics market due to the strong presence of the industrial sector as well as a burgeoning healthcare industry. The commercial robotics market in North America is expected to be valued at US$7.6 bn in 2022, representing more than 43% of the global commercial robotics market. The defense and security sector could also account for a significant portion of the demand from North America and Europe, as numerous developed countries in these regions have focused on military modernization in the recent past.

Download Report TOC at https://www.transparencymarketresearch.com/report-toc/31412  

The increasing government interest in the healthcare sector in countries such as China, India, Thailand, Indonesia, Singapore, and Malaysia is likely to drive the commercial robotics market in Asia Pacific except Japan in the coming years, with the regional market set to account for 18.4% of the global commercial robotics market by 2022. The region is expected to make a 271 BPS rise over the 2017-2022 forecast period.

The Middle East and Japan are also likely to contribute significantly to the global commercial robotics market in the coming years, with the MEA market for commercial robotics expected to rise to US$471 mn by 2022 at a strong CAGR of 22.7%. The strong presence of Japanese companies in the robotics sector is likely to enable smooth growth of the commercial robotics market in Japan in the coming years, with the Japan commercial robotics market set to rise to a valuation of US$899.8 mn by 2022.

Competitive Dynamics 

Leading players in the global commercial robotics market include Northrop Grumman Corporation, KUKA AG, iRobot Corporation, Yaskawa Electric Corporation, Honda Motor Company Ltd., Omron Adept Technologies Inc., 3D Robotics Inc., Accuray Inc., Alphabet Inc., and Amazon Robotics LLC. Consistent product development is likely to be the key in the global commercial robotics market, while larger players could also consider acquisitions of smaller specialist player to enhance their offering.

Popular Research Reports by TMR: 

About Us 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

TMR Blog: http://www.editiontruth.com/


These press releases may also interest you

at 01:02
WALLDORF, Germany, Oct. 19, 2017 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced its financial results for the third quarter 2017 ended September 30, 2017. "SAP has evolved from the world's system of record to the...

at 00:38
IRVINE, Calif., Oct. 19, 2017 /PRNewswire/ -- ATTOM Data Solutions, curator of the nation's largest multi-sourced property database, today released its Q3 2017 Single Family Rental Market report, which identified the top 25 U.S. zip codes for buying...

at 00:01
Building on Existing Regional Coverage, PitchBook Now Holistically Covers Private and Public Capital Markets in Europe, Providing Customers with Unmatched Visibility into Flow of Capital SEATTLE and NEW YORK and LONDON, Oct. 19, 2017 /PRNewswire/...

at 00:01
BRUSSELS and BURBANK, Calif., Oct. 19, 2017 /PRNewswire/ -- Eurofins Digital Testing, a global leader in end-to-end quality assurance and testing services, today announced that it has acquired My Eye Media to strengthen its ability to help serve...

at 00:01
SAN FRANCISCO, Oct. 19, 2017 /PRNewswire/ -- Common Sense today announced the release of The Common Sense Census: Media Use by Kids Age Zero to Eight, the third installment in an ongoing series of national surveys tracking the use of media and...

at 00:00
GLENDALE, Calif, Oct. 19, 2017 /PRNewswire/ -- In preparation to next week's Money 20/20 conference in Las Vegas, Export Portal CEO Ally Spinu believes that increased transparency in trade is the only way forward.  Ms. Spinu states, "Regardless of...

News published on 5 october 2017 at 11:30 and distributed by: