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Research Analysis on Global Smart Robots Market 2016-2025 |The Insight Partners

Global Smart Robots have substituted man in execution of tasks that are either dangerous or repetitive, where man is in capable of performing owing to body limitations, or tasks that occur in extreme environments such as outer space or the bottom of the sea. Additionally, Global Smart Robots are designed to carry out specific tasks for personal, professional, and industrial applications such as elderly assistance, pool cleaning, and robotic pets among others. Global Smart Robots make use of artificial intelligence (AI) and are operational without the need of human inputs. Global Smart Robots can work independently on a specified task and can also work in tandem with human beings in various service and industrial applications. Browse market data tables and in-depth TOC of the Global Smart Robots Market to 2025 @ http://www.theinsightpartners.com/reports/smart-robots-market

Global Smart Robots have substituted man in execution of tasks that are either dangerous or repetitive, where man is in capable of performing owing to body limitations, or tasks that occur in extreme environments such as outer space or the bottom of the sea. Additionally, Global Smart Robots are designed to carry out specific tasks for personal, professional, and industrial applications such as elderly assistance, pool cleaning, and robotic pets among others. Global Smart Robots make use of artificial intelligence (AI) and are operational without the need of human inputs. Global Smart Robots can work independently on a specified task and can also work in tandem with human beings in various service and industrial applications.
Browse market data tables and in-depth TOC of the Global Smart Robots Market to 2025 @ http://www.theinsightpartners.com/reports/smart-robots-market

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<strong>Smart</strong> <strong>Robots</strong> <strong>Market</strong> to <strong>2025</strong> - <strong>Global</strong> <str<strong>on</strong>g>Analysis</str<strong>on</strong>g> and<br />

Forecasts by Applicati<strong>on</strong>s and Comp<strong>on</strong>ents<br />

No of Pages: 150<br />

Publishing Date: Feb 2017<br />

Single User PDF: US$ 3900<br />

Website : www.theinsightpartners.com


<strong>Smart</strong> <strong>Robots</strong> <strong>Market</strong> to <strong>2025</strong><br />

Introducti<strong>on</strong><br />

<strong>Smart</strong> robots have substituted man in executi<strong>on</strong> of tasks that are either dangerous or repetitive, where man is in<br />

capable of performing owing to body limitati<strong>on</strong>s, or tasks that occur in extreme envir<strong>on</strong>ments such as outer space<br />

or the bottom of the sea. Additi<strong>on</strong>ally, smart robots are designed to carry out specific tasks for pers<strong>on</strong>al,<br />

professi<strong>on</strong>al, and industrial applicati<strong>on</strong>s such as elderly assistance, pool cleaning, and robotic pets am<strong>on</strong>g others.<br />

<strong>Smart</strong> robots make use of artificial intelligence (AI) and are operati<strong>on</strong>al without the need of human inputs. <strong>Smart</strong><br />

robots can work independently <strong>on</strong> a specified task and can also work in tandem with human beings in various<br />

service and industrial applicati<strong>on</strong>s.<br />

The global smart robot market is segmented <strong>on</strong> the basis of applicati<strong>on</strong> into service robots and industrial robots.<br />

Further, the service robots are sub-segmented into professi<strong>on</strong>al service robots and pers<strong>on</strong>al service robots.<br />

Furthermore, professi<strong>on</strong>al service robots are used across security & defense, logistics, firefighting, medical,<br />

demining, maintenance, inspecti<strong>on</strong>, and various other applicati<strong>on</strong>s, while pers<strong>on</strong>al service robots are used across<br />

household, leisure, and entertainment applicati<strong>on</strong>s. Industrial robots are further sub-segmented <strong>on</strong> the basis of<br />

their applicati<strong>on</strong>s into beverages, food, electr<strong>on</strong>ics, and automotive segments. In additi<strong>on</strong>, the global smart robot<br />

market is segmented <strong>on</strong> the basis of comp<strong>on</strong>ents into software and hardware.<br />

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<strong>Smart</strong> <strong>Robots</strong> <strong>Market</strong> to <strong>2025</strong><br />

Within the professi<strong>on</strong>al service robot segment, medical domain has been a key growth segment where there is a<br />

growing demand for smart hospital delivery and robot surge<strong>on</strong>s. Comparatively, industrial robots are more popular<br />

than service robots and these are anticipated to drive the smart robots market during the forecast period. Moreover,<br />

the growth in the deployment of smart robots in the educati<strong>on</strong> sector is expected to be a promising prospect for the<br />

smart robot vendors.<br />

The noteworthy drivers of smart robots market include adopti<strong>on</strong> of smart robots by e-commerce sector, growing<br />

demand from the healthcare industry, the increasing domestic service sector, and the rising demand of robots for<br />

elderly assistance. The growing service robot segment is a fundamental part of the advanced computer industry and<br />

much of the processing unit, sensor technology, and software is developed by smart robot manufacturers.<br />

C<strong>on</strong>trariwise, the smart robots market is hindered by high initial investment associated with the research &<br />

development department activities and reduced pace of commercializati<strong>on</strong> of this technology. Further, the smart<br />

robots can be a threat if there is an error in the software algorithm embedded in them. This can have a negative<br />

impact, harm the surrounding envir<strong>on</strong>ment and act as a major hindrance to the market. Additi<strong>on</strong>ally, the utilizati<strong>on</strong> of<br />

smart robots in manufacturing vertical is resulting in growing unemployment problem. These factors are anticipated<br />

to restrict the global smart robots market.<br />

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<strong>Smart</strong> <strong>Robots</strong> <strong>Market</strong> to <strong>2025</strong><br />

Europe and North America are the biggest markets for smart robots and are driven by rapid commercializati<strong>on</strong> and<br />

the progress of their manufacturing industry. Additi<strong>on</strong>ally, the early acceptance of technology in these geographies<br />

has encouraged the smart robot market to prosper at a brisk rate. On the c<strong>on</strong>trary, it is expected that Asia Pacific<br />

(APAC) would be the fr<strong>on</strong>t-runner, registering fastest growth rate due to significant technological advancements.<br />

Additi<strong>on</strong>ally, the present boom in the automotive sector is predicted to drive the smart robots markets in APAC.<br />

Within APAC, service robots market demand is likely to grow in countries such as China and India owing to the<br />

advancements in the manufacturing sector. Some of the key players in the global smart robots market are Aeth<strong>on</strong><br />

Inc., Lely Group, Irobot Corp., Northrop Grumman Corp., Google Inc., Intuitive Surgical Inc., Delaval Group, H<strong>on</strong>da<br />

Motor Co. Ltd.,Amaz<strong>on</strong>.Com, KUKA AG, ABB Ltd., Fanuc Corp., ECA Group, Gecko systems Intl. Corp., Yaskawa<br />

Electric Corp., Adept Technology Inc., and Bluefin Robotics Corp.<br />

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<strong>Smart</strong> <strong>Robots</strong> <strong>Market</strong> to <strong>2025</strong><br />

Few Key Points from Table of C<strong>on</strong>tent<br />

<strong>Global</strong> <strong>Smart</strong> Robot <strong>Market</strong> Revenue and Forecasts to <strong>2025</strong> – Applicati<strong>on</strong>s<br />

Service <strong>Robots</strong><br />

Industrial <strong>Robots</strong><br />

<strong>Global</strong> <strong>Smart</strong> Robot <strong>Market</strong> Revenue and Forecasts to <strong>2025</strong> – Comp<strong>on</strong>ents<br />

Software<br />

Hardware<br />

<strong>Global</strong> <strong>Smart</strong> Robot <strong>Market</strong> Revenue and Forecasts to <strong>2025</strong> – Geographical <str<strong>on</strong>g>Analysis</str<strong>on</strong>g><br />

North America<br />

Europe<br />

Asia Pacific (APAC)<br />

Middle East & Africa (MEA)<br />

South America (SAM)<br />

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