Robotics Market Share, Size, Trends and Forecast 2017-2022

1. Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022 Copyright © IMARC. All Rights Reserved

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3. Report Description and Highlights Report Description Global Robotics Market Bolstered by Increasing Applications The global robotics market has grown at a robust rate in the past few years. Two of the major growth factors have been the confluence of technological advancements and rising labour costs. Robotics refers to the branch of technology that deals with the design, construction and operation of a robot. This technology offers innumerable advantages such as flexibility, precision, consistency and increased production. With the technological innovations, robots have now become more advanced with better sensors, improved vision and faster processors. IMARC Group’s latest report, titled “Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global robotics market reached a volume of around 6.5 Million Units in 2016, growing at a CAGR of nearly 25% during 2009-2016. Highlights of the Global Robotics Market: ▪ A growing demand for robots in the medical, defence and entertainment industry represents the primary growth driving factor. Service robots have the highest production, accounting for the majority of the market share. North America accounts for the majority of the global share, representing the largest market. ▪ •

4. Report Description and Highlights Report Description

5. Report Description and Highlights Report Description A growing demand for smartphones and tablets has been witnessed in the past several years. This has supplemented the process of robot development, thus, augmenting the global demand for robots. Apart from this, a rising demand for robots in the medical, defence and entertainment industry is another force that is influencing the market growth. Several other factors like increase in disposable income, urbanisation and industrialisation rates, rising labour costs as well as expanding applications of robots are also catalysing the growth. According to the report, the market is further expected to reach a volume of more than 19 Million Units by 2022. Request Sample of the Report: http://www.imarcgroup.com/request?type=report&id=792&flag=B The market has been segmented on the basis of product type. Currently, service robots dominate the global robotics market accounting for the majority of the market share. On the basis of region, North America represents the largest market accounting for more than a third of the total global share.This can be attributed to the rapid adoption of new technologies coupled with increasing research and development investments in the region. The other major regions include Europe, Asia-Pacific, Latin America and Others. Some of the key players operating in the market are ABB Group, KUKA AG, FANUC Corporation and Yaskawa Electric Corporation. Read full report @ http://www.imarcgroup.com/robotics-market

6. Report Description and Highlights Report Description The report has examined the global robotics market on the basis of: Product type: ▪ ▪ Service robots Industrial robots Regions: ▪ ▪ ▪ ▪ ▪ North America Europe Asia-Pacific Latin America Others Major Manufacturers: ▪ ▪ ▪ ▪ ABB Group KUKA AG FANUC Corporation Yaskawa Electric Corporation

7. Report Description and Highlights Report Description Find more reports related to Technology and Media Industry : Portable Medical and Healthcare Devices Market @ http://www.imarcgroup.com/global- portable-health-monitoring-devices-market Home Automation System Market @ http://www.imarcgroup.com/home-automation-system- market

8. Report Description and Highlights Report Description © 2017 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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