Global Smart Robots Market 2020-2024
Technavio has been monitoring the global smart robots market and it is poised to grow by USD 20.28 during 2020-2024, progressing at a CAGR of 39% during the forecast period. Our reports on global smart robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing focus of companies on factory automation.In addition, growing demand for smart robots is anticipated to boost the growth of the global smart robots market as well.
Technavio's global smart robots market is segmented as below:
- Personal Service Robots
- Professional Service Robots
- Collaborative Robots
- North America
- South America
Key Trends for global smart robots market growth
This study identifies growing demand for smart robots as the prime reasons driving the global smart robots market growth during the next few years.
Prominent vendors in global smart robots market
We provide a detailed analysis of around 25 vendors operating in the global smart robots market , including some of the vendors such as ABB Ltd., Amazon.com Inc., FANUC Corp., iRobot Corp., KION Group AG, Midea Group Co. Ltd., OMRON Corp., Singapore Technologies Engineering Ltd., SoftBank Group Corp. and Yaskawa Electric Corp. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.