Smart Robot Market Analysis , Growth Factors and Forecast To, 2029


Posted March 18, 2023 by chetanag

Smart Robot Market was valued at USD 7.9 Billion in 2021, and it is expected to reach USD 42.7 Billion by 2029, exhibiting a CAGR of 23.48 % during the forecast period (2022-2029)

 
Smart Robot Market Overview

Maximize Market Research a global business consulting firm has published a report on the Smart Robot Market. The report covers of the Smart Robot Markets major key drivers and restraints. It helps detecting the drivers that are steering the market growth and discovering ways to use these drivers as strengths. Opportunities are created by external components like changes in the market and new consumer trends. This will guide to understand the elements that will influence your potential to take advantage of your opportunities.

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Market Scope

The reports gives the readers in-depth analysis of the Smart Robot market with help of tabular data and graphical representation. It focuses on the major and minor components of the market and also the key competitors in the industry and their growth strategies. The report deals with the market trends and provides the regional analysis of potential investment opportunities for existing and new market entrants. It covers in depth analysis of different segments of the ## market. Methods like SWOT, PESTLE and PORTER’s five forces were undertaken to understand to the strength and weakness of the Smart Robot market.

Market Dynamics:

Smart robots have the potential to completely change the supply chain sector. The utility-related activity and human interaction are the main distinctions between conventional robots and intelligent robots. Household robots, also referred to as intelligent robots, are becoming more prevalent in developed nations' daily lives. The Roomba is a home robot that is popular with customers. Without the need for users to lift a finger, it helps keep the floor clean. The demand for smart robots that can assist with household chores is on the rise in the recent years and same has been captured in the Smart Robot Market report by end use and region. The analysis revealed that 14.9 million American homes contained just the Roomba.

Market Segmentation :

In many industries, including the automotive industry, industrial robots are used to automate welding, painting, assembly, and transportation. In recent years, the demand for robots in general industrial fields like the food, medical, pharmaceuticals, and 3C industries has increased against the backdrop of labour shortages and the prevention of the spread of infectious diseases (computers, consumer electronics and communications equipment.) Future manufacturing facilities should experience an increase in the demand for smart manufacturing, which includes high production efficiency, bettering quality, and preserving traceability. The market is anticipated to grow as high-mix, variable-volume production becomes a reality. By enhancing the decision-making and labour capabilities of robots, major market players are tackling the challenge of realising an industrial automation revolution.

By Components

• Hardware
• Software

ByIndustry

• Automotive
• Healthcare
• Manufacturing
• Food and Beverages
• Retail
• Energy & Utility
• Others

By Application

• Industrial
• Service

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Key Players

• iRobot Corporation (US)
• Omron Adept Technology, Inc. (US)
• Intuitive Surgical, Inc. (US)
• ST Engineering Aethon, Inc. (US)
• Gecko Systems International Corporation (US)
• Delaval, Inc (US)
• Brain Corporation (US)
• Neato Robotics (US)
• Greyorange (US)
• SoftBank Group (Japan)
• Honda Motor Co., Ltd. (Japan)
• Yaskawa Electric Corporation (Japan)
• FANUC (Japan)
• Cyberdyne (Japan)
• Hanson Robotics Limited (Hong Kong)
• Samsung Electronics Co., Ltd. (South Korea)
• KUKA AG (Germany)
• Rethink Robotics (Germany)
• Eca Robotics (France)
• Blue Frog Robotics (France)
• Ganymed Robotics (France)
• Smart Robots S.r.l. (Italy)
• ABB Ltd. (Switzerland)
• Lely Industries N.V. (Netherlands)
• Kongsberg Maritime (Norway)
• Universal Robots (Denmark)

Regional Analysis

The report on the Smart Robot market growth provides a detailed regional analysis. It helps in understanding the regions which are expected to grow in forecast period. To keep ahead of the competition the regional analysis gives a better perspective and understanding of the market and target audience in a specific country or a region.

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Key Questions answered in the Smart Robot Market Report are:

What is Smart Robot Market?
What is the forecast period of the Smart Robot Market?
What is the competitive scenario of the Smart Robot market?
Which region held the largest market share in the Smart Robot Market?
What are the opportunities for the Smart Robot Market?
What factors are affecting the Smart Robot market growth?
Who are the key players of the Smart Robot market?
Which company held the largest share in the Smart Robot market?
What will be the CAGR of the Smart Robot market during the forecast period?
What key trends are likely to emerge in the Smart Robot market in the coming years?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key
trends
Market Segmentation: A detailed analysis by Smart Robot
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656

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Issued By chetanag
Country India
Categories Business
Tags smart robot market
Last Updated March 18, 2023