Smart Robots - Global Market Outlook (2019-2027)

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Smart Robots - Global Market Outlook (2019-2027)

Global Smart Robots market is accounted for $4.74 billion in 2019 and is expected to reach $35.48 billion by 2027 growing at a CAGR of 28.6% during the forecast period. Some of the key factors propelling the market growth include increasing funding for research on robots, rising integration of IoT in robots for cost-efficient predictive maintenance, growing adoption of robots for new applications, growth of industrial automation, and advancement in robotics for connected and digital world. However, data privacy concerns and stringent regulations are anticipated to hinder the growth of the market.

A smart robot is nothing but an AI (artificial intelligence) system that is capable of gaining knowledge of from its experience and it’s surrounding and building on its abilities on the basis of that knowledge. Smart robots can work in partnership with humans, learning from their behavior and working alongside them. Smart robots have more advantages. Smart robots help in improving people’s lives and keep operations of the company running smoothly. There are various advantages of smart robots such as safety, speed, consistency, perfection, job creation, happier employees, productivity. The smart robots are not only employed in industries, but it finds a vast number of applications in the personal environment such as elderly assistance, pool cleaning, vacuum cleaning, robotic pets, among others.

By application, professional segment is expected to grow at the significant rate during the forecast period, due to increasing demand from logistics management applications. The scope of using robots for professional applications is vast. Professional robots are widely used in field/agricultural applications. The boom in the e-commerce industry has translated into increased demand for robots in warehouses and for delivery. Professional robots have also gained popularity due to COVID-19 as they are increasingly being used for the disinfection of buildings. 

On the basis of geography, Asia Pacific region is expected to have considerable market growth during the forecast years, owing to the rising number of robot applications, and the expansion in the semiconductor industries. Asia-Pacific is economically and technologically developed region and countries such as China, Japan, and South Korea are expected to dominate the global smart robots market in the Asia-Pacific region. Also, rise in disposable income and rapid industrialization in developing countries such as India and the Philippines are expected to propel the demand for smart robots. Furthermore, the oil & gas industry in APAC has witnessed significant growth in the past 2–3 years, which is leading to a high demand for autonomous underwater vehicles (AUVs). 

Some of the key players in Smart Robots market include iRobot Corporation, Fanuc Corporation, LG Electronics Inc., Delaval Group, Samsung Electronics Co., Ltd., Google Inc., Amazon, Lockheed Martin Corporation, Honda Motors Ltd, The Boeing Company, Yaskawa Electric Corporation, ABB Group, Northrop Grumman Corporation, KUKA Aktiengesellschaft, Universal Robots, and Kawasaki Heavy Industries.

Mobilities Covered:
• Mobile
• Fixed/Stationary

Components Covered:
• Hardware
• Software
• Service

Operating Environments Covered:
• Underwater
• Ground (Surface)
• Air

Applications Covered:
• Professional 
• Personal 

Types Covered:
• Industrial Robots
• Service Robots
• Smart Mobile Robots
• Education Robots
• Entertainment Robots
• Collaborative Robots

End Users Covered:
• Commercial
• Residential 
• Retail
• Energy & Utilities
• Chemicals

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK  
o Spain 
o Rest of Europe       
• Asia Pacific
o Japan        
o China        
o India        
o Australia        
o New Zealand   
o South Korea              
o Rest of Asia Pacific
• South America 
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary      
       
2 Preface      
 2.1 Abstract     
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology     
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions    
       
3 Market Trend Analysis      
 3.1 Introduction     
 3.2 Drivers     
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats     
 3.6 Application Analysis     
 3.7 End User Analysis     
 3.8 Emerging Markets     
 3.9 Impact of Covid-19     
       
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry     
       
5 Global Smart Robots Market, By Mobility      
 5.1 Introduction     
 5.2 Mobile     
 5.3 Fixed/Stationary     
       
6 Global Smart Robots Market, By Component      
 6.1 Introduction     
 6.2 Hardware     
  6.2.1 Power Sources    
  6.2.2 Sensors    
   6.2.2.1 Microphones   
   6.2.2.2 Vision/Image Sensors   
   6.2.2.3 Tilt Sensors   
   6.2.2.4 Gyroscope   
   6.2.2.5 Position Sensors   
   6.2.2.6 Force/Torque Sensors   
   6.2.2.7 Accelerometers   
  6.2.3 Control Systems    
   6.2.3.1 Controllers   
   6.2.3.2 Processors   
  6.2.4 Personal Computer (PC) Interface Kits    
  6.2.5 Actuators    
   6.2.5.1 Hydraulic   
   6.2.5.2 Pneumatic   
   6.2.5.3 Ultrasonic   
   6.2.5.4 Electrical   
   6.2.5.5 Piezoelectric   
  6.2.6 Other Hardwares     
   6.2.6.1 Body Material    
   6.2.6.2 Other Electronic, Electrical, & Mechanical Components   
 6.3 Software     
 6.4 Service     
       
7 Global Smart Robots Market, By Operating Environment      
 7.1 Introduction     
 7.2 Underwater     
 7.3 Ground (Surface)     
 7.4 Air     
       
8 Global Smart Robots Market, By Application      
 8.1 Introduction     
 8.2 Professional     
  8.2.1 Public Relations    
   8.2.1.1 Tour Guidance   
   8.2.1.2 Reception Management   
   8.2.1.3 Telepresence   
  8.2.2 Logistics Management and Warehouse    
   8.2.2.1 Sorting   
   8.2.2.2 Pick and Place   
  8.2.3 Field/Agricultural    
  8.2.4 Healthcare Assistance    
  8.2.5 Military & Defense    
   8.2.5.1 Border Security   
   8.2.5.2 Search and Rescue Operations   
   8.2.5.3 Spying   
   8.2.5.4 Combat Operations   
  8.2.6 Law Enforcement & Justice    
   8.2.6.1 Riot Control   
   8.2.6.2 Patrolling   
  8.2.7 Industrial    
   8.2.7.1 Material Handling   
   8.2.7.2 Manufacturing   
   8.2.7.3 Electronics   
   8.2.7.4 Metal Fabrication   
   8.2.7.5 Packaging and Palletizing   
   8.2.7.6 Automotive   
   8.2.7.7 Food and Beverages   
  8.2.8 Sanitation and Disinfection    
  8.2.9 Welding & Painting    
  8.2.10 Assembling & Disassembling    
  8.2.11 Mobility    
  8.2.12 Firefighting    
  8.2.13 Medical    
  8.2.14 Demining    
  8.2.15 Inspection and Maintenance    
  8.2.16 Other Professional Applications     
   8.2.16.1 Professional Cleaning   
   8.2.16.2 Construction & Demolition   
 8.3 Personal     
  8.3.1 Domestic    
  8.3.2 Education and Entertainment    
  8.3.3 Companionship    
  8.3.4 Leisure    
  8.3.5 Other Personal Applications    
   8.3.5.1 Home Security and Surveillance   
   8.3.5.2 Elderly and Handicap Assistance   
       
9 Global Smart Robots Market, By Type      
 9.1 Introduction     
 9.2 Industrial Robots     
 9.3 Service Robots     
  9.3.1 Commercial Service Robots    
  9.3.2 Personal and Household Service Robots    
 9.4 Smart Mobile Robots     
 9.5 Education Robots     
 9.6 Entertainment Robots     
 9.7 Collaborative Robots     
       
10 Global Smart Robots Market, By End User      
 10.1 Introduction     
 10.2 Commercial     
 10.3 Residential      
 10.4 Retail     
 10.5 Energy & Utilities     
 10.6 Chemicals     
       
11 Global Smart Robots Market, By Geography      
 11.1 Introduction     
 11.2 North America     
  11.2.1 US    
  11.2.2 Canada    
  11.2.3 Mexico    
 11.3 Europe     
  11.3.1 Germany    
  11.3.2 UK    
  11.3.3 Italy    
  11.3.4 France    
  11.3.5 Spain    
  11.3.6 Rest of Europe    
 11.4 Asia Pacific     
  11.4.1 Japan    
  11.4.2 China    
  11.4.3 India    
  11.4.4 Australia    
  11.4.5 New Zealand    
  11.4.6 South Korea    
  11.4.7 Rest of Asia Pacific    
 11.5 South America     
  11.5.1 Argentina    
  11.5.2 Brazil    
  11.5.3 Chile    
  11.5.4 Rest of South America    
 11.6 Middle East & Africa     
  11.6.1 Saudi Arabia    
  11.6.2 UAE    
  11.6.3 Qatar    
  11.6.4 South Africa    
  11.6.5 Rest of Middle East & Africa    
       
12 Key Developments      
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 12.2 Acquisitions & Mergers     
 12.3 New Product Launch     
 12.4 Expansions     
 12.5 Other Key Strategies     
       
13 Company Profiling      
 13.1 iRobot Corporation     
 13.2 Fanuc Corporation     
 13.3 LG Electronics Inc.     
 13.4 Delaval Group     
 13.5 Samsung Electronics Co., Ltd.     
 13.6 Google Inc.     
 13.7 Amazon     
 13.8 Lockheed Martin Corporation     
 13.9 Honda Motors Ltd     
 13.10 The Boeing Company     
 13.11 Yaskawa Electric Corporation     
 13.12 ABB Group     
 13.13 Northrop Grumman Corporation     
 13.14 KUKA Aktiengesellschaft      
 13.15 Universal Robots                
 13.16 Kawasaki Heavy Industries     

 

Smart Robots - Global Market Outlook (2019-2027)

List of Tables       
Table 1 Global Smart Robots Market Outlook, By Region (2018-2027) ($MN)      
Table 2 Global Smart Robots Market Outlook, By Mobility (2018-2027) ($MN)      
Table 3 Global Smart Robots Market Outlook, By Mobile (2018-2027) ($MN)      
Table 4 Global Smart Robots Market Outlook, By Fixed/Stationary (2018-2027) ($MN)      
Table 5 Global Smart Robots Market Outlook, By Component (2018-2027) ($MN)      
Table 6 Global Smart Robots Market Outlook, By Hardware (2018-2027) ($MN)      
Table 7 Global Smart Robots Market Outlook, By Power Sources (2018-2027) ($MN)      
Table 8 Global Smart Robots Market Outlook, By Sensors (2018-2027) ($MN)      
Table 9 Global Smart Robots Market Outlook, By Control Systems (2018-2027) ($MN)      
Table 10 Global Smart Robots Market Outlook, By Personal Computer (PC) Interface Kits (2018-2027) ($MN)      
Table 11 Global Smart Robots Market Outlook, By Actuators (2018-2027) ($MN)      
Table 12 Global Smart Robots Market Outlook, By Other Hardwares (2018-2027) ($MN)      
Table 13 Global Smart Robots Market Outlook, By Software (2018-2027) ($MN)      
Table 14 Global Smart Robots Market Outlook, By Service (2018-2027) ($MN)      
Table 15 Global Smart Robots Market Outlook, By Operating Environment (2018-2027) ($MN)      
Table 16 Global Smart Robots Market Outlook, By Underwater (2018-2027) ($MN)      
Table 17 Global Smart Robots Market Outlook, By Ground (Surface) (2018-2027) ($MN)      
Table 18 Global Smart Robots Market Outlook, By Air (2018-2027) ($MN)      
Table 19 Global Smart Robots Market Outlook, By Application (2018-2027) ($MN)      
Table 20 Global Smart Robots Market Outlook, By Professional (2018-2027) ($MN)      
Table 21 Global Smart Robots Market Outlook, By Public Relations (2018-2027) ($MN)      
Table 22 Global Smart Robots Market Outlook, By Logistics Management and Warehouse (2018-2027) ($MN)      
Table 23 Global Smart Robots Market Outlook, By Field/Agricultural (2018-2027) ($MN)      
Table 24 Global Smart Robots Market Outlook, By Healthcare Assistance (2018-2027) ($MN)      
Table 25 Global Smart Robots Market Outlook, By Military & Defense (2018-2027) ($MN)      
Table 26 Global Smart Robots Market Outlook, By Law Enforcement & Justice (2018-2027) ($MN)      
Table 27 Global Smart Robots Market Outlook, By Industrial (2018-2027) ($MN)      
Table 28 Global Smart Robots Market Outlook, By Sanitation and Disinfection (2018-2027) ($MN)      
Table 29 Global Smart Robots Market Outlook, By Welding & Painting (2018-2027) ($MN)      
Table 30 Global Smart Robots Market Outlook, By Assembling & Disassembling (2018-2027) ($MN)      
Table 31 Global Smart Robots Market Outlook, By Mobility (2018-2027) ($MN)      
Table 32 Global Smart Robots Market Outlook, By Firefighting (2018-2027) ($MN)      
Table 33 Global Smart Robots Market Outlook, By Medical (2018-2027) ($MN)      
Table 34 Global Smart Robots Market Outlook, By Demining (2018-2027) ($MN)      
Table 35 Global Smart Robots Market Outlook, By Inspection and Maintenance (2018-2027) ($MN)      
Table 36 Global Smart Robots Market Outlook, By Other Professional Applications (2018-2027) ($MN)      
Table 37 Global Smart Robots Market Outlook, By Personal (2018-2027) ($MN)      
Table 38 Global Smart Robots Market Outlook, By Domestic (2018-2027) ($MN)      
Table 39 Global Smart Robots Market Outlook, By Education and Entertainment (2018-2027) ($MN)      
Table 40 Global Smart Robots Market Outlook, By Companionship (2018-2027) ($MN)      
Table 41 Global Smart Robots Market Outlook, By Leisure (2018-2027) ($MN)      
Table 42 Global Smart Robots Market Outlook, By Other Personal Applications (2018-2027) ($MN)      
Table 43 Global Smart Robots Market Outlook, By Type (2018-2027) ($MN)      
Table 44 Global Smart Robots Market Outlook, By Industrial Robots (2018-2027) ($MN)      
Table 45 Global Smart Robots Market Outlook, By Service Robots (2018-2027) ($MN)      
Table 46 Global Smart Robots Market Outlook, By Commercial Service Robot (2018-2027) ($MN)      
Table 47 Global Smart Robots Market Outlook, By Personal and Household Service Robots (2018-2027) ($MN)      
Table 48 Global Smart Robots Market Outlook, By Smart Mobile Robots (2018-2027) ($MN)      
Table 49 Global Smart Robots Market Outlook, By Education Robots (2018-2027) ($MN)      
Table 50 Global Smart Robots Market Outlook, By Entertainment Robots (2018-2027) ($MN)      
Table 51 Global Smart Robots Market Outlook, By Collaborative Robots (2018-2027) ($MN)      
Table 52 Global Smart Robots Market Outlook, By End User (2018-2027) ($MN)      
Table 53 Global Smart Robots Market Outlook, By Commercial (2018-2027) ($MN)      
Table 54 Global Smart Robots Market Outlook, By Residential (2018-2027) ($MN)      
Table 55 Global Smart Robots Market Outlook, By Retail (2018-2027) ($MN)      
Table 56 Global Smart Robots Market Outlook, By Energy & Utilities (2018-2027) ($MN)      
Table 57 Global Smart Robots Market Outlook, By Chemicals (2018-2027) ($MN) 

 

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