Robotic Process Automation Market
Robotic Process Automation Market by Trends, Key Players, Driver, Segmentation, Forecast to 2024
MarketStudyReport.com Adds New Robotic Process Automation Market 2017 – 2024 research report providing information and data By Tools, By Operation, By Service, By Solution, By Organization Size, By Application, Industry Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast spreading across 190 Pages with table and figures in it.
Robotic Process Automation Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 20% CAGR to 2024.
The growing adoption of RPA technology by organizations to enhance their capabilities, performance and reduce operational costs is expected to drive the Robotic process automation market growth over the forecast timeline. In order to gain ease of the processes, organizations are increasingly deploying these solutions with the traditional business processes. Surge in demand to eliminate manual interference in simplified and time-consuming business processes is predicted to increase the technology adoption rate. Robotic Process Automation (RPA) Market size is set to exceed USD 5 billion by 2024; as per a new research report.
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Robotic process automation market has a huge potential to transform the way organizations operate and support various business processes. Surging eminence of BPM solutions led to rising need of automating the operations by small & medium businesses to stay ahead of the competition. Factors such as capability of the technology to offer increased control over the processes and perform high-volume routine tasks without human intervention, contributes significantly to the RPA market growth. Rising awareness associated with the benefits of the solutions among various organizations such as high level of accuracy and efficiency provide impetus to the demand for Robotic process automation market solutions.
Lack of technical expertise associated with the deployment and integration might hinder the RPA market growth. Moreover, less potential of such solutions to grow in the knowledge based business operations is expected to curb the industry demand. Continuity in the business processes, ROI and practical implications are among the major concerns related to the technology implementation. Unwillingness of employees to make a transition from traditional business processes to automated business processes coupled with the lack of awareness will also pose a challenge to the adoption.
Increasing demand from organizations to automate the business processes such as handling customer enquiries is leading to the significant growth of automated solutions demand. Adoption of such automated solutions helps organizations to streamline the business operations and focus on their core competencies. Automation of monotonous tasks such as timesheets & proposal submissions eliminates the work load on production team results in increased productivity and fueling the organization’s competitiveness.
To bridge the gap between largely backed digital transformation projects, the IT & telecom sector is expected to witness high growth in the Robotic process automation market. With a virtual workforce that streamlines the traditional business processes, RPA can accomplish this leading the valuable company resources to focus on more important work. The BFSI industry is expected to witness highest adoption of RPA solutions, which can be attributed to the accuracy, efficiency offered by such systems in terms of costs, providing a quick way to address the regulatory compliance issues by bridging the connection between the BPM and ERP systems.
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Europe Robotic process automation market is anticipated to witness significant growth over the forecast timeline. This can be attributed to the presence of large number of logistics and manufacturing companies in the region. The technology helps in rationalizing the pickup & drop operations in order to obtain eminent advancement in the cycle time and enhance the customer experience. Owing to the increasing need for customer support across various industry verticals such as BFSI, IT & telecommunication, government and insurance, the RPA market has significant potential to grow in Australia.
Companies operating in the industry include Xerox Corporation, Blue Prism, Nice Systems Ltd., Automation Anywhere, Ipsoft, Celaton Ltd., Pegasystems, Redwood Software, Uipath and Verint. The industry is currently witnessing heavy investments in technology by various players to gain high ROI. Moreover, they increasingly focusing on improving the offerings to meet the rising demand of automation processes.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 RPA Industry Insights
Chapter 4 RPA Market, By Service
Chapter 5 RPA Market, By Tools
Chapter 6 RPA Market, By Organization Size
Chapter 7 RPA Market, By Solution
Chapter 8 RPA Market, By Operation
Chapter 9 RPA Market, By Application
Chapter 10 RPA Market, By Region
Chapter 11 Company Profiles
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Global Robotic Process Automation (RPA) Market Size, Status and Forecast 2022
This report studies the global Robotic Process Automation (RPA) market, analyzes and researches the Robotic Process Automation (RPA) development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
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Automotive Lidar Sensor Market Outlook to 2023: Emerging Trends and Will Generate New Growth Opportunities Status
Global Automotive Lidar Sensor Market Size, Status and Forecast 2023 provides Market information about Manufacturers, Countries, Type and Application. This Industry report also states Company Profile, sales, Automotive Lidar Sensor Market revenue and price, market share, market growth and gross margin by regions.
In this report, the present scenario (with the base year being 2017) and the growth prospects of global Automotive Lidar Sensor market for 2018-2023.
Lidar (also called LIDAR, LiDAR, and LADAR) is a surveying method that measures distance to a target by illuminating that target with a pulsed laser light, and measuring the reflected pulses with a sensor. Differences in laser return times and wavelengths can then be used to make digital 3D-representations of the target. The name lidar, sometimes considered an acronym of Light Detection and Ranging (sometimes Light Imaging, Detection, And Ranging), was originally a portmanteau of light and radar.
The classification of Automotive Lidar Sensor includes Mechanical/Scanning Lidar, Solid State Lidar, and the proportion of Mechanical/Scanning Lidar in 2016 is about 92%, and the proportion is in fluctuation trend from 2012 to 2016.
North America is the largest supplier of Automotive Lidar Sensor, with a production market share nearly 84% in 2016. Europe is the second largest supplier of Automotive Lidar Sensor, enjoying production market share nearly 11% in 2016.
North America is the largest consumption place, with a consumption market share nearly 28% in 2016. Following China, Europe is the second largest consumption place with the consumption market share of 22%.
Over the next five years, Automotive Lidar Sensor will register a 27.5% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 38 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Lidar Sensor market by product type, application, key manufacturers and key regions.
This report focuses on the top Manufacturers and players in global market are given bellow:-
Velodyne, ibeo, Quanergy Systems, Leddartech, Trilumina, Luminar, Phantom Intelligence, Hesai Tech, Leishen
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Segmentation by product type:
Solid State Lidar
Mechanical/Scanning Lidar
Segmentation by application:
OEM
Research
Automotive Lidar Sensor as a wide bag type, mainly used in building materials, cement, food, animal food, chemical and other fields. Automotive Lidar Sensors are suitable for assembly line automatic filling. After filling the stacking is neatly and packing the highest volume rate. In addition, the stimulations of the state to the real estate as well as the environmental policy requirements, the Automotive Lidar Sensors have the trend to replace other type bags in these key applications. Conservative forecast data is based on the actual situation to make the forecast to the next few years. Optimistic forecast data take into account the factors that the state strengthens policy to stimulate the potential demand for the market.
Market Segment by Regions, regional analysis covers
North America
United States, Canada, Mexico
Asia-Pacific
China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific
Europe
Germany, France, UK, Italy, Spain, Russia, Rest of Europe
Central & South America
Brazil, Argentina, Rest of South America
Middle East & Africa
Saudi Arabia, Turkey, Rest of Middle East & Africa
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The study objectives of this report are:
To analyze and study the global Automotive Lidar Sensor sales, value, status (2013-2017) and forecast (2018-2023);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Automotive Lidar Sensor players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
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Industrial Robotics Market to witness increasing growth, Globally by 2024
Market Study Report adds 2017-2024 global Industrial Robotics market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.
Industrial Robotics Market is set to exceed USD 80 billion by 2024; according to a new research report.
Industrial robotics market is expected to grow at a significant pace, owing to the continuing trend of automation across several end-use industries. Robots are being increasingly adopted by the companies to perform repetitive or risky tasks such as deburring, grinding, part inspections, and bin-picking. Automation through this equipment enhance efficiency of several processes ranging from raw material handling to the packaging of the finished product. The adoption of this technology across industries has enabled the companies to increase competitiveness based on price, offerings, and business reach, thus propelling the market.
Industrial robotics market is projected to witness surge in demand from the automotive industry, owing to the increasing adoption by the car manufacturers to improve precision and efficiency of the production lines. According to the Robotics Industry Association, more than 50% purchases of robots in North America in recent years are made by the automotive industries. Technological advancements such as robotic vision, collaborative robots, and robotic hand are encouraging more automakers to implement the technology in their production plants, thus positively impacting the industrial robotics industry growth.
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Growing trend of adoption of ‘lights out’ production concept in modern manufacturing is expected to drive the industrial robotics market growth. In ‘lights out’ production, the manufacturing activities are handled using automation. The companies are adopting the technology to reduce human involvement in the repetitive, uncreative & dangerous tasks, eliminate errors, and cut manufacturing costs. For instance, at Fanuc plant in Japan, only four workers supervise the production of industrial robots by industrial robots. Furthermore, since 2013, Canon began phasing out the human labor.
Increasing advancements in technologies such as software development, computing power, and networking have reduced the cost of installing, assembling, and maintaining robots, thus providing growth opportunities to the industrial robotics market. For instance, traditionally, components such as sensors and actuators had to be connected individually to the controllers using terminal racks, junction boxes, and connectors. However, with advancements in plug-and-play technologies, the components can be connected to the controller by simple network wiring.
Although, the technology performs tasks accurately, requires high degree of expertise and technical training for initial setup. The end-users require expertise and service package from the system manufacturers to ensure error-free setup. Furthermore, the performance of these systems highly depends on the performance of the surrounding systems such as conveyor systems, grippers, and vision systems. This is expected to hamper the industrial robotics market growth over the forecast timespan.
The articulated segment of the industrial robotics market has significant penetration, owing to the high degree of versatility offered by these systems. These robots have higher degree of freedom than other systems, that makes these systems usable in several tasks including welding, dispensing, material handling, and material removal. The prices of these systems are expected to witness fall over the next seven years, owing to the longevity and popularity.
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The German industrial robotics market strength is driven by a combination of the region’s proven engineering tradition, position as a leader in technological development, and its highly diversified industrial base. Germany is witnessing immense innovations which are helping bridge the gap between robotics and several industrial sectors. Stakeholders are organized in multiple regional organizations such as the Automation Valley Northern Bavaria. The country’s specific strength in the development and manufacturing of industrial robots is further strengthened by the existence of specialized organizations such as the Robotics and Mechatronics Center at the German Aerospace Center (DLR).
Growing need for automation in manufacturing pharmaceutical units has led to the growth of the Japan industrial robotics market. The units are used for easy and quick accomplishment of medical tasks. Companies in Japan are increasingly using collaborative robots such as UR3 ROBOT by Universal Robots A/S, which are assisting the workers in injection molding, conducting lab analysis, and picking & placing drugs.
Industry vendors in the industrial robotics market include Fanuc Corporation, Denso Corporation, Kawasaki Heavy Industries Ltd., Yamaha Motor Co., Ltd., KUKA AG, Mitsubishi Electric Corporation, ABB Group, Epson America, Inc., Panasonic Welding Systems Co. Ltd., Rethink Robotics Inc., Staubli Group, Universal Robots A/S, Yaskawa Electric Corporation, etc. Outsourcing or subcontracting of the manufacturing process to third-party entities is a common trend among technology manufacturers. This trend is highly magnified in countries such as the U.S. and Western Europe where these resources are available at very high costs.
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Industrial robotics market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in Unit from 2013 to 2024, for the following segments:
Industrial Robotics Market, By Product
Articulated
SCARA
Gantry
Cartesian
Parallel
Cylindrical
Collaborative
Industrial Robotics Market, By End-Use
Automotive
Metals & machinery
Rubber & plastics
Food & beverage
Electrical & electronics
Others
Table of content:
Chapter 3 Industrial Robotics Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.2.1 Industry 4.0
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Vendor matrix
3.3.3 Price trend analysis and cost structure breakdown
3.4 Technology & innovation landscape
3.4.1 Development of lightweight robots
3.4.2 Autonomous mobile dual arm robot
3.4.3 Vision guided robots
3.4.4 Cloud robotics and big data
3.4.5 Robot programming software
3.5 Regulatory landscape
3.5.1 RIA 15.06-2013
3.5.2 RoboLaw EU
3.5.3 Robotics and Safety regulations by Occupational Safety and Health Administration (OSHA)
3.5.4 EN ISO 13849-1 standard
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Rising labour costs and inconveniences of employing manual workforce in North America and Europe
3.6.1.2 Government initiatives aiding the growth of the local manufacturing in South-East Asia
3.6.1.3 Rise in SMEs and their growing demand for automation in Europe and Asia Pacific
3.6.1.4 High growth of automation across the automotive and electronic industries in Asia Pacific
3.6.1.5 Low robot density in the Asia Pacific
3.6.2 Industry pitfalls and challenges
3.6.2.1 High initial costs and presence of second-hand and refurbished industrial robot market
3.6.2.2 Safety hazards associated with the usage of industrial robots
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 Competitive landscape
3.9.1 Strategy Dashboard
3.9.2 Emerging business model
3.10 PESTEL analysis
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Humanoid Robot Market Analytical Overview, Growth Factors, Demand & Trends Forecast to 2024
MarketStudyReport.com Adds New Humanoid Robot Market 2017 – 2024 research report providing information and data By Product, By Application, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 180 Pages with table and figures in it.
Humanoid Robot Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.
Global humanoid robot market is set to exceed USD 5 billion by 2024, according to this new research report. Increasing deployment of robots enabled with advanced features across retail and hospitality applications to enhance the customer experience is projected to augment demand. Deployment in the hospitality industry to augment the operational efficiency, perform multiple tasks and boosting the overall productivity is expected to fuel the humanoid robot market growth.
Emerging trend of digitization across multiple sectors is pushing humanoid robot market growth, followed by the growing adoption to reduce costs associated with various business operations. The shipments are forecast to grow at over 40% CAGR from 2017 to 2024.
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Growing demand from the education and research sector is anticipated to surge the adoption of humanoid robots over the future. The popularity of such robots providing humanly interaction is on the rise among students of various age-groups further contributing to the market growth. However, concerns such as high prices might limit the humanoid robot market growth. In addition, the reluctance of consumers to adopt such robots pose a major challenge to the industry demand.
Surging adoption across applications such as security, education and healthcare is anticipated to fuel the humanoid robot market growth. These machines use interactive demonstrations and animations to entertain the customers, guide them through the service & product offerings in a business establishment. It helps in reducing efforts resulting in optimizing the performance of the sales force. Healthcare sector provides lucrative growth opportunities to the market. It can be credited to the rising adoption of such robots for providing care to elderly persons reducing the burden of nursing care.
Asia Pacific humanoid robot market will witness high growth over the forecast timeline. The growth can be attributed to growing demand of these robots in emerging economies such as China and Japan. Moreover, the increasing number of players entering the industry with advanced technologies further contributes to the regional growth. The growing adoption for security and surveillance applications across security check points is expected to fuel the MEA market growth.
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Companies in the humanoid robot market comprise Softbank Robotics, Ubtech Robotics, Qihan Technology, DST Robot, Robotis, Engineered Arts, Bluefrog Robotics, Kawada Robotics, Honda, Hanson Robotics, Toshiba, Hajime Research Institute and Trossen Robotics. The industry is characterized by increasing competition followed by the rising number of new entrants. The industry players are heavily investing on R&D and focusing on incorporating advanced technologies and next generation robotics.
Table of Content:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Humanoid Robot Industry Insights
Chapter 4. Humanoid Robot Market, By Product
Chapter 5. Humanoid Robot Market, By Application
Chapter 6. Humanoid Robot Market, By Region
Chapter 7. Company Profiles
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United States Humanoid Robot Market Report 2017
In this report, the United States Humanoid Robot market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
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Service Robotics Market Report 2017-2024 | Proficient Analysis of Key Players, Types, Future Prospects Details for Business Rate
The 2017-2024 report on global Service Robotics market explores the essential factors of Service Robotics industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts.
Service Robotics market is projected to reach a revenue of over USD 20 billion in 2024. These systems are anticipated to witness a high growth during the forecast time span owing to their high convenience, reliability, and the efficiency as compared to the conventional labor solutions. The rising proliferation of IoT and the integration of AI are aiding in the transformation of the service robotics market.
These systems reduce the number of faults and errors and provide accurate and high-quality services. The cost of labor is increasing at a very drastic rate. For instance, hourly labor costs in the Euro area (EU28) witnessed a 2.2% yearly growth until 2016. The increase in labor costs is increasing the overall costs of the goods and services that are produced. Additionally, these can reduce an organization?s profits and cause them to incur higher financial costs such as payroll taxes, increments, and hiring subsidies.
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The adoption of the service robotics market is highly beneficial in the reduction of human casualties suffered during activities, primarily in defense and certain research activities such as underwater cave discoveries. In recent years, internal and external security threats have compelled governments of various organizations to adopt these solutions and are substantially contributing to the strong growth of the service robotics market. These systems can be used in conducting discrete surveillance activities or for implementing activities that are highly dangerous to human personnel.
The personal product segment of the service robotics market is predicted to dominate in terms of revenue during the forecast timeframe. Personal robots, such as vacuum cleaners, automated wheelchairs, and domestic servants, among others have aided in improving the quality of life and providing an increased convenience to their users. For instance, in homes with geriatric inhabitants, who live alone, these robots are ideally suited for monitoring and diagnosing patients by relaying the information back to the medical practitioners or alerting authorities during emergencies such as when the patient falls from a wheelchair.
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The professional application segment of the service robotics market is anticipated to witness a high growth owing to the increasing adoption of these systems for carrying out mundane and monotonous tasks such as milking, packing, and other activities. Medical robot systems are finding increasing applications in providing assistance during surgeries, therapy, and patient caring, contributing to the heavy growth of the service robotics market. For instance, Robot Aps has developed and launched a rehabilitation robot to assist health professionals with patients, who are bed-ridden, reducing the dependence on nurses for actions such as heavy lifting.
The increase in manufacturing and industrial activities, primarily in the South-East Asian and Latin American regions, contributes to the strong growth of the service robotics market. For instance, warehousing robots are deployed in factory spaces to reduce monotonous activities such as shelving and packing and increasing the output as compared to the manual labor. Additionally, the Asia Pacific region is also incorporating these systems as a part of its education and teaching sector. Pre-schools in Singapore, for instance, have implemented humanoid robots on a testing basis to deliver high-quality education to students.
The service robotics market players comprise Bluefin Robotics, BAE Systems, AeroVironment, Inc., OMRON Adept Technologies, Inc., 3D Robotics, iRobot Corporation, Medtronic, Delaval International AB, ECA Group, Geckosystems Intl. Corp., and Intuitive Surgical, Inc. Companies are required to continuously invest in business strategies, such as R&D, partnership, mergers, and acquisitions, to sustain growth in the global service robotics market. For instance, in May 2016, Medtronic entered into a partnership agreement with Mazor for the development of surgery robots and the launch of its internally-developed robotic surgery program.
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Table of content:
Chapter 4. Service Robotics Market, By Product
4.1. Global service robotics market share by product, 2016 & 2024
4.2. Professional
4.2.1. Market estimates and forecast, 2013 – 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Personal
4.3.1. Market estimates and forecast, 2013 – 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
Chapter 5. Service Robotics Market, By Application
5.1. Global service robotics market share by application, 2016 & 2024
5.2. Professional
5.2.1. Market estimates and forecast, 2013 – 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.2.3. Defense
5.2.3.1. Market estimates and forecast, 2013 – 2024
5.2.3.2. Market estimates and forecast, by region, 2013 – 2024
5.2.4. Field
5.2.4.1. Market estimates and forecast, 2013 – 2024
5.2.4.2. Market estimates and forecast, by region, 2013 – 2024
5.2.5. Healthcare
5.2.5.1. Market estimates and forecast, 2013 – 2024
5.2.5.2. Market estimates and forecast, by region, 2013 – 2024
5.2.6. Logistics
5.2.6.1. Market estimates and forecast, 2013 – 2024
5.2.6.2. Market estimates and forecast, by region, 2013 – 2024
5.2.7. Others
5.2.7.1. Market estimates and forecast, 2013 – 2024
5.2.7.2. Market estimates and forecast, by region, 2013 – 2024
5.3. Personal
5.3.1. Market estimates and forecast, 2013 – 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
5.3.3. Household
5.3.3.1. Market estimates and forecast, 2013 – 2024
5.3.3.2. Market estimates and forecast, by region, 2013 – 2024
5.3.4. Entertainment
5.3.4.1. Market estimates and forecast, 2013 – 2024
5.3.4.2. Market estimates and forecast, by region, 2013 – 2024
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Construction Robots Market 2017 Analysis & Forecasts to 2022
The market research report ‘Global Construction Robots Market by Manufacturers, Countries, Type and Application, Forecast to 2022’ aims to offer insights into new business opportunities for companies active in Construction Robots as well as for those players that are aiming to get an entry into the industry.
Construction Robots market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
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The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.
Global Construction Robots Market: Product Segment Analysis
Global Construction Robots Market: Application Segment Analysis
Heavy/civil Construction, Building construction, High-risk Work.
Global Construction Robots Market: Regional Segment Analysis
USA, Europe, Japan, China, India, South East Asia.
The Players mentioned in our report
Brokk, Fujita, Construction Robotics, Hanool Robotics, Skanska, Shimizu, ULC, Robotics.
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There are 10 Chapters to deeply display the global Construction Robots market.
Chapter 1 About the Construction Robots Industry
Chapter 2 World Market Competition Landscape
Chapter 3 World Construction Robots Market share
Chapter 4 Supply Chain Analysis
Chapter 5 Company Profiles
Chapter 6 Globalisation & Trade
Chapter 7 Distributors and Customers
Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries
Chapter 9 World Construction Robots Market Forecast through 2022
Chapter 10 Key success factors and Market Overview
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Global Construction Robots Market by Manufacturers, Countries, Type and Application, Forecast to 2022
This report studies the construction robots, including the remote controlled demolition robots, construction 3D printing robots, bricklaying robots, and remote control rescue robots etc. These robots …
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Humanoid Robot Market Forecast Shows USD 5 Billion by 2024: Growth Analysis, Company Profiles & Trends
MarketStudyReport.com adds a new Humanoid Robot Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a xx% CAGR to 2024.
Increasing deployment of robots enabled with advanced features across retail and hospitality applications to enhance the customer experience is projected to augment demand. Deployment in the hospitality industry to augment the operational efficiency, perform multiple tasks and boosting the overall productivity is expected to fuel the Humanoid Robot Market growth.
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Global humanoid robot market is set to exceed USD 5 billion by 2024, according to this new research report.
Emerging trend of digitization across multiple sectors is pushing humanoid robot market growth, followed by the growing adoption to reduce costs associated with various business operations. The shipments are forecast to grow at over 40% CAGR from 2017 to 2024.
Growing demand from the education and research sector is anticipated to surge the adoption of humanoid robots over the future. The popularity of such robots providing humanly interaction is on the rise among students of various age-groups further contributing to the market growth. However, concerns such as high prices might limit the humanoid robot market growth. In addition, the reluctance of consumers to adopt such robots pose a major challenge to the industry demand.
Wheel drive robots are expected to witness significant growth over the forecast timeline. This growth can be accredited to the growing demand of such robots for enhancing customer engagement across various industrial sectors. The incorporation of robots with advanced technology such as AI is an emerging trend in serving experiences as part of the product offerings. Humanoid robots enable retailers to upgrade the ability to provide experiences to their customers in terms of personalized recommendations. In addition, they utilize emotion recognition technology to enhance the customer interaction.
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Surging adoption across applications such as security, education and healthcare is anticipated to fuel the humanoid robot market growth. These machines use interactive demonstrations and animations to entertain the customers, guide them through the service & product offerings in a business establishment. It helps in reducing efforts resulting in optimizing the performance of the sales force. Healthcare sector provides lucrative growth opportunities to the market. It can be credited to the rising adoption of such robots for providing care to elderly persons reducing the burden of nursing care.
Asia Pacific humanoid robot market will witness high growth over the forecast timeline. The growth can be attributed to growing demand of these robots in emerging economies such as China and Japan. Moreover, the increasing number of players entering the industry with advanced technologies further contributes to the regional growth. The growing adoption for security and surveillance applications across security check points is expected to fuel the MEA market growth.
Companies in the humanoid robot market comprise Softbank Robotics, Ubtech Robotics, Qihan Technology, DST Robot, Robotis, Engineered Arts, Bluefrog Robotics, Kawada Robotics, Honda, Hanson Robotics, Toshiba, Hajime Research Institute and Trossen Robotics. The industry is characterized by increasing competition followed by the rising number of new entrants. The industry players are heavily investing on R&D and focusing on incorporating advanced technologies and next generation robotics.
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Global Humanoid Robot Market Research Report 2017
In this report, the global Humanoid Robot market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geog…
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Logistics Robots Market 2017 Global Industry Analysis & Forecast to 2022
For overview analysis, the report introduces Logistics Robots Market basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.
Logistics Robots market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
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The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.
Global Logistics Robots Market: Product Segment Analysis
Picking Robots, AGVs.
Global Logistics Robots Market: Application Segment Analysis
Warehouse, Outdoor.
Global Logistics Robots Market: Regional Segment Analysis
USA, Europe, Japan, China, India, South East Asia
The Players mentioned in our report
KUKA (Swisslog), Daifuku, Dematic, Grenzebach, Bastian, CIM Corp, Amazon Robotics, Vanderlande, Vecna, Knapp, Hitachi, Hi-tech Robotic Systemz, Adept Technology, Grey Orange, IAM Robotics, Fetch Robotics.
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There are 10 Chapters to deeply display the global Logistics Robots market.
Chapter 1 About the Logistics Robots Industry
Chapter 2 World Market Competition Landscape
Chapter 3 World Logistics Robots Market share
Chapter 4 Supply Chain Analysis
Chapter 5 Company Profiles
Chapter 6 Globalisation & Trade
Chapter 7 Distributors and Customers
Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries
Chapter 9 World Logistics Robots Market Forecast through 2022
Chapter 10 Key success factors and Market Overview
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Construction Robots Market Size, Share, Growth, Trends and Forecast 2017: Market Study Report
Market Research Report on Construction Robots Market is a professional and in-depth research report. The Report include basic information like definitions, classifications, applications and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on.
Construction Robots market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
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The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.
Global Construction Robots Market: Product Segment Analysis
Global Construction Robots Market: Application Segment Analysis
Heavy/civil Construction, Building construction, High-risk Work.
Global Construction Robots Market: Regional Segment Analysis
USA, Europe, Japan, China, India, South East Asia
The Players mentioned in our report
Brokk, Fujita, Construction Robotics, Hanool Robotics, Skanska, Shimizu, ULC Robotics.
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There are 10 Chapters to deeply display the global Construction Robots market.
Chapter 1 About the Construction Robots Industry
Chapter 2 World Market Competition Landscape
Chapter 3 World Construction Robots Market share
Chapter 4 Supply Chain Analysis
Chapter 5 Company Profiles
Chapter 6 Globalisation & Trade
Chapter 7 Distributors and Customers
Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries
Chapter 9 World Construction Robots Market Forecast through 2022
Chapter 10 Key success factors and Market Overview
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Researchers profile top players in the Humanoid Robot Market, Report By Market Size Forecasters
Emerging trend of digitization across multiple sectors is pushing humanoid robot market growth, followed by the growing adoption to reduce costs associated with various business operations. The shipments are forecast to grow at over 40% CAGR from 2017 to 2024.
Global humanoid robot market is set to exceed USD 5 billion by 2024, according to this new research report. Increasing deployment of robots enabled with advanced features across retail and hospitality applications to enhance the customer experience is projected to augment demand. Deployment in the hospitality industry to augment the operational efficiency, perform multiple tasks and boosting the overall productivity is expected to fuel the humanoid robot market growth.
Humanoid Robot market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
Future Scope:
Surging adoption across applications such as security, education and healthcare is anticipated to fuel the humanoid robot market growth. These machines use interactive demonstrations and animations to entertain the customers, guide them through the service & product offerings in a business establishment. It helps in reducing efforts resulting in optimizing the performance of the sales force. Healthcare sector provides lucrative growth opportunities to the market. It can be credited to the rising adoption of such robots for providing care to elderly persons reducing the burden of nursing care.
Asia Pacific humanoid robot market will witness high growth over the forecast timeline. The growth can be attributed to growing demand of these robots in emerging economies such as China and Japan. Moreover, the increasing number of players entering the industry with advanced technologies further contributes to the regional growth. The growing adoption for security and surveillance applications across security check points is expected to fuel the MEA market growth.
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Companies in the humanoid robot market comprise Softbank Robotics, Ubtech Robotics, Qihan Technology, DST Robot, Robotis, Engineered Arts, Bluefrog Robotics, Kawada Robotics, Honda, Hanson Robotics, Toshiba, Hajime Research Institute and Trossen Robotics. Market Segment by Type, covers
By Product
Wheel drive
Biped
By Application
Retail, Hospitality, Education & Scientific Research, Healthcare, Residential, Military & Defense, Construction, Underwater systems, Others
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North America, U.S, Canada, Europe, Germany, UK, France, Italy, Spain, Poland, Russia, Asia Pacific, China, India, Japan, South Korea, Malaysia Indonesia, Thailand, Latin America, Brazil, Mexico, Argentina, Middle East & Africa Saudi, Arabia, UAE, Iran, Iraq, Egypt, South Africa
Feature Table of Content:
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
Chapter 2. Executive Summary
2.1. Humanoid robot industry 360 degree synopsis, 2015 – 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product trends
2.1.4. Application trends
Chapter 3. Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 – 2024
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
Chapter 4. Humanoid Robot Market, By Product
4.1. Global humanoid robot market share by product, 2016 & 2024
4.2. Wheel drive
4.2.1. Market estimates and forecast, 2015 – 2024
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