Research Support Specialist, USA
The global robotic process automation (RPA) market size was accounted for USD 1.40 billion in 2019 and expected to grow with a CAGR of 40.6% during the forecast period, 2020 to 2027. The growing demand for eliminating the mundane and repetitive process and increasing competition across industries are forcing companies to use automation technologies like RPA, in order to improve the efficiency and productivity of the business.Read More »
The global smart robots market size was accounted for USD 3.44 billion in 2017. It is anticipated to grow at a CAGR of 22.4% from 2018 to 2025. Smart robots work on artificial intelligence-enabled system.These robots learn from the environment, surroundings and experiences. Feedback database management helps in enhancing robot capabilities. In addition, these robots are designed with sensors for monitoring environmental surroundings with the help of machine learning.Read More »
The global warehouse robotics market size was worth USD 3.19 billion in 2018. The market is anticipated to expand at a CAGR of 11.0% over the forecast duration, 2019 to 2025. Automation in warehousing is estimated to gain traction as it reduces the cost and time significantly of various warehouse processes. Further, increasing awareness about excellent quality and safety owing to robot deployment is predicted to bode well for the growth of the market.Read More »
The global food robotics market size was accounted for USD 1,172.9 million in 2016. It is projected to witness growth with 13.1% CAGR from 2017 to 2025. The increasing need for boosting operational efficiency of manufacturing plants and rising demand for packed and processed foods across the globe is expected to fuel the market growth for technologies like food robotics.Read More »
The global cleaning robot market size was accounted for USD 2.5 billion, in 2018. It is projected to ascend with a CAGR of 14.6% over the estimated duration. Key functions of cleaning robot are positioning the area which requires cleaning, selecting the shortest route to clean that area and, cleaning that particular area with an attached vacuum cleaner. A significant rise in application of AI permits robots to select cleaning area and differentiate between dirt and other objects at several spots.Read More »
The underwater robotics market across the globe generated a revenue of USD 2.52 billion in 2017. It is expected to witness growth with 13.5% CAGR over the forecasted years, 2018 to 2025. This growth can be associated with their increasing demand for carrying out activities like offshore gas & oil exploration coupled with the rising need for underwater surveillance. Read More »
Global Milking Robots Market size is expected to reach USD 2.61 billion by 2025. A milking robot is a type of rural robot which performs milking of dairy cows without human work. The milk production industry has seen an increase in herd size and demand for milk in the past few years.Read More »
The global Automotive Robotics Market size is expected to value at USD 13.6 billion by 2025. The market is subject to witness a substantial growth due to the rising implementation of automation and robotics in the automotive sector. Rising adoption of automation and robotics in manufacturing processes has changed overall outlook of the automotive industry since last few decades. Additionally, rise in initiatives taken by the regional governments to promote use of automation in manufacturing processes are likely to boost the sales of automotive robots.Read More »
The global industrial robotics Industry was estimated at USD 31.45 billion in 2016 and is expected to reach USD 41.23 billion by 2020. Growing concerns to reduce operational costs by many manufacturing companies is expected to drive the global market growth.Read More »
Global Agricultural Robots Market is anticipated to reach USD 8.82 billion by 2025 owing to the growing technological advancements in robotics that has increased the sale of agricultural robots. Agricultural robot, also known as agribot or agbotis used in farming to improve efficiency and reduce dependency on manual efforts.Read More »
Global Collaborative Robots Market is expected to grow significantly in the forecast period owing to the noteworthy traction from the SMEs worldwide due to several benefits of collaborative robots. Collaborative robots (cobots) perform numerous tasks for assisting humans in different kinds of workspaces. Read More »
The scope of the global Service Robotics Market is estimated to touch US$ 15.69 billion by 2020, growing at a CAGR of 23.7% for the prediction period.Read More »
Globally, the mobile robotics market valued at USD 4.43 billion in 2014 and is presumed to reach USD 10.60 billion by 2020. Rapid industrialization and growing need for automation to improve the efficiency in the production and to augment the quality process; mobile robotics is significantly evolving its market globally. Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations.Read More »