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Smart Machines: Technologies and Global Markets

Smart Machines: Technologies and Global Markets

The global market for smart machines reached $6.6 billion in 2015. The market should reach $7.4 billion in 2016 and nearly $15.0 billion in 2021, at a compound annual growth rate (CAGR) of 15.0% from 2016 to 2021.

This report provides:
An overview of the global market for smart machines.
The details which define these machines including the ability to adapt to and learn from changing conditions in real time, the capacity to operate autonomously (without direct human supervision), and having the capability to communicate with other machines.
Analyses of global market trends, with data from 2015 estimates for 2016, as well as five and ten year projections of CAGRs through 2021 and 2026.
Potential markets for various types of smart machines such as virtual reality assistants, intelligent agents, expert systems, embedded software, autonomous robots, and purpose-built smart machines.
Key enabling technologies for the next generation of smart machines, including voice recognition technology, micro- and nanosensors, radio frequency technologies, and neurocomputing.
A relative patent analysis.
Profiles of major players in the industry.


SCOPE AND FORMAT

This report identifies and quantifies the potential market for various types of smart machines, including:
Virtual reality assistants (e.g., Siri).
Intelligent agents (e.g., automated online assistants).
Expert systems (e.g., medical decision support systems, smart grid).
Embedded software (machine monitoring and control systems).
Autonomous robots (including self-driving vehicles).
Purpose-built smart machines (such as neural computers).

These technologies are generally at an early stage of development, so it will be necessary to consider the market at least as far out as 2026 to obtain meaningful results. A separate section of the report discusses the development and future sales of key enabling technologies for the next generation of smart machines, such as:
Voice recognition technology.
Micro- and nanosensors.
Radio frequency technologies.
Neurocomputing.

The study format includes the following major elements:
Executive summary.
Definitions.
Historical milestones.
Technologies and applications that have the greatest commercial potential through 2026.
Detailed market estimates and projections for each technology and application during the period 2015 to 2021.
General assessment of expected market trends in the longer term (2021 to 2026).
Companies, academic and government laboratories that are developing smart machines.
Patent analysis.

CHAPTER 1 INTRODUCTION
STUDY BACKGROUND
STUDY GOALS AND OBJECTIVES
INTENDED AUDIENCE
SCOPE AND FORMAT
INFORMATION SOURCES AND METHODOLOGY
ANALYST'S CREDENTIALS
RELATED BCC RESEARCH REPORTS
BCC RESEARCH WEBSITE
DISCLAIMER
CHAPTER 2 EXECUTIVE SUMMARY
SUMMARY TABLE GLOBAL MARKET FOR SMART MACHINES, THROUGH 2026 ($MILLIONS)
SUMMARY FIGURE GLOBAL MARKET FOR SMART MACHINES, 2015-2026 ($ MILLIONS)
CHAPTER 3 OVERVIEW
DEFINITION, GENERAL DESCRIPTION AND PROPERTIES
HISTORY OF SMART MACHINES
1957
1959
1961
1965
1966
1968
1971
1979
1982
1986
1989
1992
1994
1997
1999
2004
2013
2014
TYPES OF SMART MACHINES AND THEIR APPLICATIONS
MARKET FOR SMART MACHINES
TABLE 1 GLOBAL MARKET FOR SMART MACHINES BY TYPE, THROUGH 2026 ($MILLIONS)
CHAPTER 4 ENABLING TECHNOLOGIES FOR SMART MACHINES
MACHINE SPEECH TECHNOLOGY
SPEECH RECOGNITION
SPEECH SYNTHESIS
SENSORS
MICROSENSORS
NANOSENSORS
MACHINE VISION
ALGORITHMS
CALIBRATION
CAMERAS
RADIO FREQUENCY TECHNOLOGIES
RFID
GPS
WIRELESS NETWORKING
Digital Mobile Telephony
Vehicle-to-Vehicle Communications
Machine-to-Machine Communications
POWER SOURCES
PHOTOVOLTAICS
NUCLEAR POWER
MOLECULAR FUEL CELLS
OCEAN ENERGY
SELF-REPAIR
UNCONVENTIONAL COMPUTATION
CHAPTER 5 EXPERT SYSTEMS
DEFINITION, GENERAL DESCRIPTION AND PROPERTIES
TECHNOLOGIES
KNOWLEDGE-BASED EXPERT SYSTEMS
PROBABILISTIC EXPERT SYSTEMS
Bayesian Networks
HEURISTIC SYSTEMS
APPLICATIONS
AUTOMATIC FLIGHT CONTROL SYSTEMS
MEDICINE
Workflow Integration
FINANCIAL ANALYSIS
Expert Systems for Financial Analysis of Firms
Expert Systems for Analyzing the Causes of Successful or
Unsuccessful Business Development
Expert Systems for Market Analysis
Expert Systems for Acquiring Knowledge in a Subfield of Finance
GEOLOGY
CHEMISTRY
METEOROLOGY
OTHER APPLICATIONS
MARKETS
TABLE 2 GLOBAL MARKET FOR EXPERT SYSTEMS, THROUGH 2026 ($ MILLIONS)
CHAPTER 6 NEURAL COMPUTERS
DEFINITION, GENERAL DESCRIPTION AND PROPERTIES
BIOLOGICAL NEUROCOMPUTERS
ARTIFICIAL NEURAL NETWORKS
TECHNOLOGIES
GENERAL PRINCIPLES
PHYSICAL ANNS
Memristive Neural Networks
Other Developments
IBM Introduces Digital Neurosynaptic Core
Intel Reveals Neuromorphic Chip Design
Panasonic Develops Low Energy Consumption Circuit for Neural
Network Systems
Neurocomputer Programming Software Ecosystem
Memristors Boost Image Processing
SOFTWARE-BASED ANNS
APPLICATIONS
BANKING AND FINANCE
TABLE 3 REPORTED APPLICATIONS OF ANNS IN FINANCE AND ACCOUNTING
DEFENSE AND PUBLIC SAFETY
Defense
Public Safety
Law Enforcement
Fire Protection
Explosives Detection
Security/Access Control
MANUFACTURING INDUSTRY
TABLE 4 REPORTED APPLICATIONS OF ANNS IN THE MANUFACTURING INDUSTRY
MARKETING AND SALES
TABLE 5 REPORTED APPLICATIONS OF ANNS IN MARKETING AND SALES
Market Segmentation
Customer Behavior Analysis
Market Forecasting
STRATEGIC MANAGEMENT AND BUSINESS POLICY
TABLE 6 REPORTED APPLICATIONS OF ANNS IN STRATEGIC MANAGEMENT AND BUSINESS POLICY
TELECOMMUNICATIONS
TABLE 7 REPORTED APPLICATIONS OF ANNS IN TELECOMMUNICATIONS
Equalizers
Network Design, Management, Routing and Control
Fault Management
Fraud Detection
Mobile Station Location
HEALTHCARE
TABLE 8 REPORTED APPLICATIONS OF ANNS IN HEALTH CARE
Clinical Diagnosis
Image Analysis and Interpretation
Signal Analysis and Interpretation
Drug Development
Biochemical Analysis
MARKETS
TABLE 9 GLOBAL MARKET FOR NEURAL COMPUTING TECHNOLOGIES, THROUGH 2026 ($ MILLIONS)
PHYSICAL ANNS
TABLE 10 GLOBAL MARKET FOR MEMRISTOR NEUROMORPHIC CHIPS, THROUGH 2026 ($ MILLIONS)
SOFTWARE ANNS
TABLE 11 PROJECTED MARKET FOR SOFTWARE ANNS, THROUGH 2026 ($ MILLIONS)
CHAPTER 7 AUTONOMOUS ROBOTS
DEFINITION, GENERAL DESCRIPTION AND PROPERTIES
TECHNOLOGIES
AUTONOMOUS LEARNING
SELF-MAINTENANCE
Diagnostic Systems
Self-Repairing Materials and Systems
PROPRIOSENSING
SENSING THE ENVIRONMENT
TASK PERFORMANCE
INDOOR POSITION SENSING AND NAVIGATION
POSITION SENSING AND NAVIGATION
Surface (Terrestrial) Robots
Underwater Robots
Aerial Robots
ENERGY
INTEROPERABILITY
APPLICATIONS
AUTONOMOUS VEHICLES
Self-Driving Cars
Public Transit Vehicles
INDUSTRIAL ROBOTS
Baxter
No Programming Required
Ease of Integration
Adaptability/Flexibility
Safety
Sawyer
Little Helper
YouBot
MILITARY ROBOTS
PackBot
Legged Squad Support System
Self-Driving Vehicles
Micro Autonomous Systems
Autonomous Unmanned Aerial Vehicle
Undersea Warfare Vessels
Shipboard Autonomous Firefighting Robot
AGRICULTURE
Self-Steering Tractors
Hortibot
Lettuce Bot
Vitirover
Wall-Ye
Robotic Strawberry Harvester
Citrus Harvester
Row Crops Harvester
Soil Sterilizer
Prospero
CLEANING ROBOTS
MINING AND ENERGY PRODUCTION
Terrestrial Activities
Offshore/Undersea Activities
SCIENTIFIC RESEARCH
Space Exploration
Submarine Research
Laboratory Research
HEALTHCARE
LOGISTICS
MARKETS
TABLE 12 GLOBAL MARKET FOR AUTONOMOUS ROBOTS, THROUGH 2026 ($ MILLIONS)
FIGURE 1 GLOBAL MARKET FOR AUTONOMOUS ROBOTS, 2015-2026 ($ MILLIONS)
FIGURE 2 GLOBAL MARKET FOR AUTONOMOUS ROBOTS BY TYPE OF END USE, 2015-2026 ($ MILLIONS)
SELF-DRIVING VEHICLES
TABLE 13 GLOBAL MARKET FOR SELF-DRIVING VEHICLES, THROUGH 2026 ($ Passenger Cars
INDUSTRIAL ROBOTS
TABLE 14 GLOBAL MARKET FOR AUTONOMOUS INDUSTRIAL ROBOTS, THROUGH 2026 ($ MILLIONS)
FIGURE 3 GLOBAL MARKET FOR AUTONOMOUS INDUSTRIAL ROBOTS, 2015-2026 ($ MILLIONS)
MILITARY ROBOTS
TABLE 15 GLOBAL MARKET FOR AUTONOMOUS MILITARY ROBOTS, THROUGH 2026 ($ MILLIONS)
FIGURE 4 GLOBAL MARKET FOR AUTONOMOUS MILITARY ROBOTS, 2015-2026 ($MILLIONS)
FIGURE 5 GLOBAL MARKET SHARE FOR AUTONOMOUS MILITARY ROBOTS, 2015-2026 (%)
Self-Driving Vehicles
UAVs
Undersea Warfare Robots
TABLE 16 GLOBAL MARKET FOR AUTONOMOUS UNDERSEA WARFARE ROBOTS, THROUGH 2026 ($ MILLIONS)
AGRICULTURAL ROBOTS
TABLE 17 GLOBAL MARKET FOR AUTONOMOUS AGRICULTURAL ROBOTS, THROUGH 2026 ($ MILLIONS)
FIGURE 6 GLOBAL MARKET FOR AUTONOMOUS AGRICULTURAL ROBOTS, 2015-2026 ($ MILLIONS)
CLEANING ROBOTS
TABLE 18 GLOBAL MARKET FOR AUTONOMOUS CLEANING ROBOTS, THROUGH 2026 ($ MILLIONS)
FIGURE 7 GLOBAL MARKET FOR AUTONOMOUS CLEANING ROBOTS, 2015-2026 ($MILLIONS)
MEDICAL ROBOTS
TABLE 19 GLOBAL MARKET FOR AUTONOMOUS ROBOTS IN HEALTHCARE APPLICATIONS, THROUGH 2026 ($ MILLIONS)
FIGURE 8 GLOBAL MARKET FOR AUTONOMOUS ROBOT HEALTHCARE APPLICATIONS, 2015-2026 ($ MILLIONS)
Telepresence Robots
MINING AND ENERGY PRODUCTION
TABLE 20 GLOBAL MARKET FOR AUTONOMOUS ROBOTS IN MINING AND ENERGY PRODUCTION, THROUGH 2026 ($ MILLIONS)
FIGURE 9 GLOBAL MARKET FOR AUTONOMOUS ROBOTS IN MINING AND ENERGY PRODUCTION, 2015-2026 ($ MILLIONS)
Automated Mining Trucks
Energy Exploration and Production
SCIENTIFIC RESEARCH
TABLE 21 GLOBAL MARKET FOR AUTONOMOUS ROBOTS IN RESEARCH APPLICATIONS, THROUGH 2026 ($ MILLIONS)
FIGURE 10 GLOBAL MARKET FOR AUTONOMOUS ROBOTS IN RESEARCH APPLICATIONS, 2015-2026 ($ MILLIONS)
Space Exploration
Undersea Research
CHAPTER 8 EMBEDDED SYSTEMS
DEFINITION, GENERAL DESCRIPTION AND PROPERTIES
TECHNOLOGIES
MULTI-CORE PROCESSORS IN EMBEDDED SYSTEMS
EMBEDDED OPERATING SYSTEMS
EMBEDDED DIGITAL SECURITY
DEALING WITH UNCERTAINTY
APPLICATIONS
SMART GRID
MEDICAL DEVICES
Medical Implants
Monitoring Devices
Elderly Care
MARKETS
TABLE 22 GLOBAL MARKET FOR SMART EMBEDDED SYSTEMS, THROUGH 2026 ($MILLIONS)
CHAPTER 9 INTELLIGENT ASSISTANTS
DEFINITION, GENERAL DESCRIPTION AND PROPERTIES
TECHNOLOGIES
NATURAL LANGUAGE PROCESSING
PREDICTIVE INTELLIGENCE
APPLICATIONS
CONSUMER APPLICATIONS
ENTERPRISE APPLICATIONS
Customer-Facing Applications
Sector-Specific Applications
Internal-Facing Applications
MARKETS
TABLE 23 GLOBAL MARKET FOR INTELLIGENT ASSISTANTS, THROUGH 2026 ($MILLIONS)
CHAPTER 10 APPENDIX A COMPANIES, ACADEMIC AND GOVERNMENT
LABORATORIES DEVELOPING SMART MACHINES AND RELATED TECHNOLOGIES
ENABLING TECHNOLOGIES
BAOLAB MICROSYSTEMS, S.L.
BRISTOL ROBOTICS LABORATORY
CYCLONE POWER TECHNOLOGIES INC.
INTERNATIONAL BUSINESS MACHINES
ROBOTIC TECHNOLOGY INC.
ROBOTIC VISION TECHNOLOGIES
SYSTRON DONNER INERTIAL
EXPERT SYSTEMS
AKELEX
EXSYS INC.
HONEYWELL AEROSPACE
ISABEL HEALTHCARE INC.
LOGICAL IMAGES INC.
MASSACHUSETTS GENERAL HOSPITAL
ROCKWELL COLLINS
VANGUARD SOFTWARE CORP.
NEUROCOMPUTING
AB NONLINEAR SOLUTIONS OY
ALYUDA RESEARCH LLC
AND CORP.
ANFIELD CAPITAL PTY LTD.
APPLIED ANALYTIC SYSTEMS
BRAIN CORP.
CHURCHILL SYSTEMS INC.
CROSSBAR INC.
HOLOGIC INC.
HRL LABORATORIES LLC
INTELLIDYNAMICS
KNOWM TECHNOLOGY LLC
NEURODIMENSION INC.
NEURALWARE
PREDPOL INC.
QUALCOMM INC.
REINCLOUD
SCHILLER AG
SIEMENS AG
WARD SYSTEMS GROUP INC.
AUTONOMOUS ROBOTS
AUTONOMOUS TRACTOR CORP.
BAE SYSTEMS INC.
BLUEFIN ROBOTICS CORP.
BLUE RIVER TECHNOLOGY
CATERPILLAR INC.
C & C TECHNOLOGIES
DORHOUT R&D LLC
FETCH ROBOTICS
INDUCT TECHNOLOGY
INTERNATIONAL SUBMARINE ENGINEERING LTD.
INTOUCH HEALTH
IROBOT CORP.
KOMATSU LTD.
KONGSBERG MARITIME
KUKA AG
LOCKHEED MARTIN CORP.
NORTHROP GRUMMAN CORP.
RETHINK ROBOTICS INC.
ROBOTIC HARVESTING LLC
SAMSUNG TECHWIN CO. LTD.
SCIENCE APPLICATIONS INTERNATIONAL CORP.
TELEDYNE GAVIA EHF
VISION ROBOTICS.
VITIROVER
WALL-YE
EMBEDDED SYSTEMS
COMVERGE INC.
GAINSPAN CORP.
MEDTRONIC
MMB NETWORKS INC.
SENSIMED AG
SILICON LABORATORIES EMBER.
INTELLIGENT ASSISTANTS
ANBOTO GROUP
ARTIFICIAL SOLUTIONS
ASTUTE SOLUTIONS
CODEBABY
CREATIVE VIRTUAL LTD.
EXPERTMAKER AB
INTELLIRESPONSE
NEXTIT
CHAPTER 11 APPENDIX B: PATENTS
PATENTS BY TYPE OF SMART MACHINE
FIGURE 11 U.S. SMART MACHINE PATENTS BY TYPE OF SMART MACHINE ISSUED, THROUGH DECEMBER 31, 2015 (%)
PATENT PORTFOLIOS
TABLE 24 NUMBER OF LARGEST SMART MACHINE U.S. PATENT PORTFOLIOS, DECEMBER 31, 2015

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