Global Commercial Robotics Market
The GMI Research forecasts that the Commercial Robotics Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the continuous support by companies for the development and growth of robotic technology and expanding demand for automation of processes in diverse sectors.
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Introduction of the Commercial Robotics Market:
Commercial robotics programmed robots implemented in several sectors such as defence, medical, forestry, and marine to perform specific tasks to ease human efforts and raise productivity and accuracy level. They help to accomplish a variety of tasks including surveillance and monitoring, surgical assistance, heavy and critical transportation, collecting and transmitting accurate data, mapping activities, monitoring, and inspection.
Key Players of the Global Commercial Robotics Market:
- Hyundai Motor Company
- Alphabet Inc.
- OMRON Corporation
- Kuka AG
- Yaskawa Electric Corporation
- Intuitive Surgical, Inc.
- Percepto
- 3D Robotics
- iRobot Corporation
- Northrop Grumman Corporation
Commercial Robotics Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The commercial robotics market is forecasted to experience enlargement in demand in the near future. This is mainly because of the mechanization of processes across different industries such as defense, healthcare, marine, and agriculture. Also, enormous advantages imparted by these robots include improved security of workforce, raised effectiveness, less human errors, and planning and search is further strengthening the commercial robotics market size.
Additionally, several leading organizations including, Indian Underwater Robotics Society (IURS), International Federation of Robotics (IFR), Robotic Industries Association (RIA), WeRobotics, Society of Robotic Surgery (SRS), and Swedish Robotics Society, are largely supporting the evolution and expansion technology, which will supplement the market growth. Moreover, ongoing technological expansions, which comprise cloud computing, nanotechnology, artificial intelligence, and 3D vision technologies, will bring enormous growth opportunities for the market. However, the excessive investment required for the initial planning, incorporation, and programming will curb the commercial robotics market share.
Commercial Robotics Market Segmentation:
Segmentation by Type
- Drones
- Field Robots
- Medical Robots
- Autonomous Guided Robotics
- Others
Segmentation by Application
- Medical and Healthcare
- Defence and Security
- Agriculture and Forestry
- Marine
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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