Robotics Market Growth, Applications, Segmentation, Trends, Future Dynamics and Forecast 2022-2027

August 29 19:49 2022
Robotics Market Growth, Applications, Segmentation, Trends, Future Dynamics and Forecast 2022-2027
Robotics Market
The global robotics market reached a value of US$ 33.2 Billion in 2021. The market to reach US$ 87.2 Billion by 2027, exhibiting a CAGR of 17.6% during 2022-2027.

As per the latest report by IMARC Group, titled “Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on global robotics industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global robotics market reached a value of US$ 33.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 87.2 Billion by 2027, exhibiting a CAGR of 17.6% during 2022-2027.

Robotics is a multidisciplinary branch dealing with the design, construction, and operation of robots in automation. The objective of this branch is to create machines that have intellectual and mechanical capabilities. Robots are automatically operated machines that are capable of carrying out a complex series of actions. At present, robots are widely used in various industry verticals due to their improved consistency, efficiency, and productivity.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Robotics Market Trends:

The global market is majorly driven by the growing adoption of automation for business applications. In line with this, the increasing demand for security, inspection and delivery robots in the commercial market due to their high efficiency and affordable costs are positively influencing their uptake. Several manufacturers are also investing in research and development activities to develop innovative technologies to improve the overall efficiency of robotics. Apart from this, governments across numerous countries are undertaking initiatives to improve their healthcare infrastructure by introducing robot-assisted surgeries, thereby creating a positive outlook for the market.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/robotics-market

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • ABB Group
  • KUKA AG
  • FANUC Corporation
  • Yaskawa Electric Corporation

Robotics Market Segmentation:

Our report has categorized the market based on region and product type.

Breakup by Product Type:

  • Industrial
    • Breakup by Type
      • Articulated
      • Cartesian
      • SCARA
      • Cylindrical
      • Others 
    • Service
      • Breakup by Type
        • Personal and Domestic
        • Professional
      • Breakup by Application
        • Household Applications
        • Entertainment Applications
        • Defence Applications
        • Field Applications
        • Logistics Applications
        • Healthcare Applications
        • Infrastructure Applications
        • Mobile Platform Applications
        • Cleaning Applications
        • Others

Regional Insights:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Other Reports of IMARC Group:

Food Robotics Market: https://www.imarcgroup.com/food-robotics-market

Robotic Vacuum Cleaner Market: https://www.imarcgroup.com/robotic-vacuum-cleaner-market

Voice and Speech Recognition Market: https://www.imarcgroup.com/voice-speech-recognition-market

Text Analytics Market: https://www.imarcgroup.com/text-analytics-market

Speech Analytics Market: https://www.imarcgroup.com/speech-analytics-market

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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