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Global Smart Robots Market Outlook 2017-2026, With an Expected CAGR of 26.02% - ResearchAndMarkets.com

June 14, 2018

DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The “Smart Robots - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to the publisher, the Global Smart Robots Market is accounted for $3.57 billion in 2017 and is expected to reach $28.61 billion by 2026 growing at a CAGR of 26.02% during the forecast period.

The increasing implementation of autonomous robots for specialized services, rising investments toward industrial automation and rising technological advancements in the field of robotics are some of the key driving factors for the market growth. However, high initial R&D expenditure and safety concerns due to complex high-level interfacing are hampering the market growth. Moreover, increase in demand for private services and acceptance of IoT on broad level are generating ample of opportunities for smart robots market.

Smart Robots is a tool that provides optimal organization of an environment where human being operates and robots work side by side. It allows real-time mapping of the workplace, discerning of substances, people’s movements, actions & gestures and communicate with them, by adapting the actions of the robots to which it is linked.

By component, software segment is anticipated to grow at a significant CAGR attributed to the technological developments will lead to the rising complexity in terms of characteristics such as artificial intelligence (AI), inter-device connectivity and autonomous operations. It will aid the complex functionalities to process efficiently and precisely.

Companies Mentioned

iRobot Corporation ABB Amazon.Com Fanuc Omron Adept Technologies Samsung Electronics Yaskawa Electric Honda Motor Hanson Robotics Kuka SoftBank Group Corp Aethon Rethink Robotics Intuitive Surgical Inc Anki Geckosystems

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Smart Robots Market, By Industrial Application

6 Global Smart Robots Market, By Component

7 Global Smart Robots Market, By Service Application

8 Global Smart Robots Market, By Geography

9 Key Developments

10 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/wpkhb6/global_smart?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180614005561/en/

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Related Topics:Robotics

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/14/2018 08:22 AM/DISC: 06/14/2018 08:22 AM

http://www.businesswire.com/news/home/20180614005561/en

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