World wide robotics technological innovation industry dimensions to register 15.8% CAGR by 2027

The hottest report on ‘global robotics technological know-how market’ attempts to forecast the market effectiveness all through 2020-2020. The analysis doc is repository of investigation and comprehensive info of every single and every single side of the industry, like but not restricted to regional marketplaces, kinds, elements, and apps.

Selbyville, Delaware, Jan. 20, 2021 (Globe NEWSWIRE) — According to sector professionals, worldwide robotics technologies industry attained a valuation of USD 63 billion in 2019 and is envisioned to sign-up a CAGR of 15.8% more than 2020-2027. Far better office security, improved effectiveness of diverse procedures, and improved productiveness are the vital positive aspects encouraging the adoption of robotics technological know-how. In addition, variables these as mounting desire for automation, alongside with growing labor and vitality costs are fostering the sector expansion. On the contrary, substantial preliminary cost of robots and absence of knowledge among the SMEs are negatively the over-all industry dynamics.

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Solution Type overview

World wide robotics know-how business, based on kind, is fragmented into company robots, industrial robots, cellular robots, and other folks. Of these, industrial robots segment is witnessing a sturdy expansion, mostly pushed by the desire from the automotive market. For instance, BMW AG, in April 2020, entered an agreement with KUKA to supply almost 5,000 robots across its new output lines and producing web pages all over the world. As per the arrangement, other innovatory products from the KUKA portfolio, such as its linear units used to enhance robot’s workspace and electrical power offer technological know-how will also be provided.

Software scope

Global robotics technologies market place application spectrum features aerospace, health care, protection and security, electronics, automotive, domestics, and other individuals. Technological advancements and expanding investments in R&D are possible to raise the application scope of robots across the aforementioned areas. For illustration, the groundbreaking mGrip modular grip method and automation solutions designed by Delicate Robotics have introduced robotic apps across extremely variable and unstructured food processing and packaging, customer merchandise producing, and e-commerce provide chain automation settings.

Geographical outlook:

North The us, Latin The us, Europe, and Asia Pacific are the key contributors to the total robotics engineering market remuneration. Asia Pacific marketplace is touted to increase significantly around the projected timeline, with China as top contributor owing to immediate deployment of robots in automotive and electronics sector. In addition, swift economic development in other nations, these kinds of as India, are drafting favorable circumstances for the field expansion in the region.

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World Robotics Technological innovation Current market Style Sub-Segments (Income, USD Billion, 2017-2027)

  • Company Robots

  • Industrial Robots

  • Cellular Robots

  • Others

World-wide Robotics Engineering Market Component Sub-Segments (Income, USD Billion, 2017-2027)

World Robotics Technological know-how Market Application Sub-Segments (Income, USD Billion, 2017-2027)

International Robotics Technologies Sector Geographical Fragmentation (Profits, USD Billion, 2017-2027)

North The usa


  • Germany

  • United Kingdom

  • Spain

  • Italy

  • France

  • Relaxation of Europe

Asia Pacific

  • India

  • China

  • Australia

  • Japan

  • South Korea

  • Rest of APAC

Latin The united states

Relaxation of the Planet

World Robotics Engineering Current market Business Profiles (Profits, USD Billion, 2017-2027)

  • Maxar Systems, Inc.

  • Stryker Corp.

  • Intuitive, Inc.

  • Adept Technologies, Inc.

  • Comau S.p.A.

  • Seiko Epson Corp.

  • Yamaha Motor Co. Ltd

  • Nachi Robotic Techniques, Inc.

  • Staubli Worldwide AG

  • Panasonic Corp.

  • Toshiba Corp.

  • Kawasaki Heavy Industries Ltd.


  • Fanuc Corp.

  • Denso Corp.

  • Yaskawa Electric Corp.

  • ABB Ltd.

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Place Robotics Current market is anticipated to exceed USD 3.5 billion by 2025, as per new study report. Growing govt investments and initiatives associated to room exploration and exploration in several international locations is driving the marketplace desire. The start of several satellites and spaceships functioning in deep and in the vicinity of spaces need well timed maintenance and fixing, generating the will need for really successful robotic techniques. Countrywide companies such as NASA, CSA, JAXA, and so on., are introducing humanoid robots to conduct the maintenance, servicing, and transportation operations to attain high efficiency, additional creating the place robotics market place. The soaring developments of autonomous capabilities and AI engineering in robotic goods will push rapid sector growth.

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