The global smart robots market to grow at a CAGR of 31.64% during the period 2018-2022.
Global Smart Robots Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing demand for smart robots. The growing demand for smart robots in defense applications will be one of the major trends driving the growth of the smart robots market till the end of the forecast period. Numerous manufacturers in the industry are offering robots with surveillance systems.
According to the report, one driver in the market is technological advancements in smart robots. To attain a competitive advantage, several vendors are technologically upgrading their products and are offering smart robots equipped with intelligent capabilities that will result in fully autonomous behavior.
Further, the report states that one challenge in the market is high cost of smart robots. As smart robots involve the use of sensors, software, and advanced technologies, their prices are considerably high and require a large initial one-time payment. The costs also appreciate depending on the customization and other operational requirements.
Key vendors
ABB
FANUC
iRobot
KION Group
Midea Group
Singapore Technologies Engineering
SoftBank Group
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
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