Self-Reconfiguring Modular Robots are next generation of robots which can communicate with each other and attach to each other and configure themselves to form different shapes. These robots have individual units which can each act as a standalone robot. The modules can communicate with other bots using wireless networks. The bots can join together and form a single working unit. This single unit can be configured to many different forms depending on the need. These bots can find applications in variety of segments. They can be used in rescue missions to reach places inaccessible by normal robots or humans. They can be then reconfigured to standard form to perform specific tasks. The technology can also be used by military forces and medical teams among others.
The US army is currently working on this technology. Many tech startups are also innovating this segment to provide a variety of services. The technology has huge potential and is expected to drive large investments from military and civil institutions. With the advent of 3D printing the manufacturing of these systems is also getting inexpensive. The segment is seeing major investments and is expected to go mainstream by early 2020.
The study, besides estimating the 'Self-Reconfiguring Modular Robots' market potential between 2016 and 2025, analyzes on who can be the market leaders and what partnerships would help them to capture the market share. The report gives an overview about the dynamics of the market, by discussing various aspects such as drivers, restraints, Porterâ€™s 5 forces, value chain, customer acceptance and investment scenario.
The study in brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized. It approximates the time for innovation, in order for the industry to maintain a stable growth over a sustained period. The report also details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
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