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Global Research and Development Spending in the Robotics Industry 2016-2020

About the R&D activities in robotics technologies

The robotics market is witnessing a major makeover in terms of investments for both R&D activities and product development both through vendor CAPEX and equity funding. The rising investments is directly related to the growing adoption of robotic technologies in the industrial and service sector. The funding options for the established vendors and start-ups are governed by the level of innovation involved in the product and technologies. Apart from the investments made by OEMs and VCs, governments of leading robotic technology adoption countries are investing on robotic solution vendors to develop the accessibility of robotics for different types of industries.

Technavio’s analysts forecast the global R&D spending market in the robotics industry to grow at a CAGR of 17.29% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global R&D spending market in the robotics industry for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total investments in R&D in the robotics industry.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global R&D Spending Market in Robotics Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • iRobot
  • Yaskawa Electric
  • Kawasaki Heavy Industries
  • KUKA
Other prominent vendors
  • Adept
  • Ekso Bionic
  • Honda
  • Lockheed Martin
  • Nachi Robotics
  • Rethink Robotics
  • Staubli Robotics
  • Yamaha Robotics
Market driver
  • Race for robotics patents
  • For a full, detailed list, view our report
Market challenge
  • Unbalanced global economic recovery
  • For a full, detailed list, view our report
Market trend
  • Development of collaborative robots
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global R&D Spending in Robotics Industry 2016-2020

Technavio recognizes the following companies as the key players in the global R&D spending in robotics industry: ABB, iRobot, Yaskawa Electric, Kawasaki Heavy Industries, and Kuka.

Other Prominent Vendors in the market are: Adept, Ekso Bionic, Honda, Lockheed Martin, Nachi Robotics, Rethink Robotics, Staubli Robotics, and Yamaha Robotics.

Commenting on the report, an analyst from Technavio’s team said: “Cloud robotics will be a key trend for the market. Cloud robotics use shared services such as computing, storage, and other Internet technologies that are cloud-based and enhance the capabilities of robots. Connectivity and cloud services are crucial to leverage computational resources and capabilities. Developers can use off-board computing and storage power to develop algorithms for cloud robotics. They improve object recognition, map storage capabilities, and the ability to share data between robots.”

According to the report, customer demand for better technology and products may escalate the race for robotics patents which will be a key driver for market growth. Robots have become an essential part of both manufacturing industries and services industries such as automotive, electronics and electricals, defense, and healthcare. Advances in technologies, such as sensors and grippers, have helped robots to work in tandem with human workforces. Robots are becoming more adaptive and flexible and may resemble the biological structure of human beings. In addition, they can be instructed and programmed remotely through the cloud.

Further, the report states that unbalanced global economic recovery will be a challenge for the market. We anticipate that the unbalanced and slow growth in the global economy will hinder R&D investment in robotics technology during the forecast period. The slow growth of the economy will discourage manufacturers from investing in R&D because market demand for robots may decline.

Companies Mentioned

ABB, iRobot, Yaskawa Electric, Kawasaki Heavy Industries, Kuka, Adept, Ekso Bionic, Honda, Lockheed Martin, Nachi Robotics, Rethink Robotics, Staubli Robotics, Yamaha Robotics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Market segmentation by entities
      • Table Market segmentation by types of robots
      • Table Market segmentation by end-users
      • Table Market segmentation by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Funding and patent management
    • Table Stakeholder: Roles and responsibilities
  • Market landscape
    • Market size and forecast
      • Table Global R&D spending in robotics industry 2015-2020 ($ billions)
  • Market segmentation by entities
    • R&D spending by entities
      • Table R&D spending by entities 2015
      • Table R&D spending by entities 2020
      • Table R&D spending in robotics industry by entities in 2015 and 2020 ($ billions)
    • R&D spending in robotics by robot OEMs
      • Table R&D spending in robotics by robots OEMs 2015-2020 ($ billions)
    • R&D spending in robotics by venture capital
      • Table R&D spending in robotics by venture capital 2015-2020 ($ millions)
  • Market segmentation by types of robotics industry
    • R&D spending by types of robotics industry
      • Table R&D spending by types of robotics industry 2015
      • Table R&D spending by types of robotics industry 2020
      • Table R&D spending by types of robotics industry 2015 and 2020 ($ billions)
    • R&D spending in service robotics industry
      • Table Global R&D spending in service robotics industry 2015-2020 ($ billions)
    • R&D spending in industrial robotics industry
      • Table Global R&D spending in industrial robots industry 2015-2020 ($ billions)
  • Market segmentation by end-user
    • R&D spending in robotics industry by end-users
      • Table R&D spending in robotics industry by end-users 2015
      • Table R&D spending in robotics industry by end-users 2015 ($ millions)
  • Geographical segmentation
    • R&D spending in robotics by geography
      • Table R&D spending in robotics by geography 2015
      • Table R&D spending in robotics by geography 2020
      • Table R&D spending in robotics by geography in 2015 and 2020 ($ billions)
    • R&D spending in robotics in APAC
      • Table R&D spending in robotics in APAC 2015-2020 ($ billions)
    • R&D spending in robotics in the Americas
      • Table R&D spending in robotics in the Americas 2015-2020 ($ millions)
    • R&D spending in robotics in EMEA
      • Table R&D spending in robotics in EMEA 2015-2020 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competition business overview
    • Competition financials
      • Table Competition financials
    • Other prominent vendors
      • Table Other prominent vendors
    • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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