Smart Robots Market

Smart Robots Market by Component (Hardware and Software), Industrial Application (Automotive, Electronics, and Food & Beverages), Personal Service Application, Professional Service Application, and Geography - Global Forecast to 2023

Report Code: SE 3613 Feb, 2018, by marketsandmarkets.com
Updated date -

[157 Pages Report] MarketsandMarkets forecasts the smart robots market size to grow from USD 4.9 billion in 2018 to USD 14.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 23.7% during the forecast period. The major factors that are expected to be driving the market are growing adoption of autonomous robots for professional services, emerging technological advancements in the field of robotics, increasing investments toward industrial automation, and growing government aid for R&D of AI-enabled robots. The objective of the report is to define, describe, and forecast the market size based on component, operating environment, mobility, application, and region.

Smart Robots Market

By component, the software segment is expected to grow at the highest growth rate during the forecast period

Among the components segment, the software segment is expected to grow at the highest CAGR during the forecast period. As technological advancements will lead to the growing complexity in terms of features such as inter-device connectivity, artificial intelligence (AI), and autonomous operations, the software segment is likely to get more importance than that of the hardware segment in the overall smart robots market as software will assist the complex functionalities to process efficiently and accurately.

Professional applications to dominate the smart robots market during the forecast period

The professional applications of smart robots include defense and security, demining, fire and bomb fighting, field, medical, underwater, logistics, telepresence, inspection and maintenance, etc. The professional applications are expected to dominate the smart robots market during the forecast period owing to the increasing demand from defense and marine applications to safeguard the country borders. Moreover, with the increasing complexity of manufacturing processes and miniaturization of semiconductor and electronics equipment, there is an increase in the use of AI-based smart industrial robots. Smart robots in the electronics equipment industry are used for designing and planning stages of the manufacturing process; thereby creating a huge potential for the growth of the smart robot market in the near future.

Smart Robots Market

Smart Robots Market in APAC to grow at significant CAGR during the forecast period

Among all the regions, the smart robots market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is likely to adopt smart robots for almost all the major industrial and service applications during the forecast period. As the elderly population in APAC countries, such as China and Japan, is on the rise, the region is expected to employ humanoids (smart home robots) for personal assistance and caregiving applications. All these factors coupled with few government initiatives related to AI enabled robots (intelligent robots) in the developing countries in APAC is expected to fuel the growth of the smart robot market in APAC.

Market Dynamic : Market Dynamics

Driver: Growing government aid for R&D of AI-enabled robots

Many countries such as the US, China, South Korea, and Japan have been investing heavily on R&D of AI-enabled robots. For instance, in October 2016, the South Korean government announced an investment of USD 450 million for the robotics sector. Major share of this investment was directed toward R&D centers to develop intelligent robot. European Union funded over USD 110.6 million (EUR 100 million) between 2010 and 2016 under the information and communication technologies (ICT) strand of the research framework program and under the Active and Assisted Living (AAL) joint program. Such financial assistance from governments of countries worldwide helped the players in the smart robot market carry out R&D activities, thereby driving the growth of the said market.

Restraint: High initial R&D expenditure

Robots, such as robotics toys, educational robots, and programmable industrial robots, developed using mass-market components can perform simple tasks and are easily available in the market at competitive cost. However, in case of smart robots, as the level of complexity of tasks increases, the cost of R&D incurred also increases. The leading robotics companies, such as iRobot (US), FANUC (Japan), KUKA (Germany), and ABB (Switzerland), are striving hard to introduce new technologically advanced robotics solutions in the market and are incurring high R&D cost. There is a need to use radically different approaches—such as combining technologies, product designs, materials, and manufacturing—to develop attractive robotic products for large markets, thereby giving a rise to major economies of scale and cost-for-value solutions. The overall smart robot market is gaining traction; however, high R&D costs are restraining the wide adoption of AI-based robots and adversely affecting the growth of this market.

Opportunity: Adoption of IoT on wide level

With the adoption of IoT on a high level, the demand for always connected devices and systems is also growing. Robot manufacturers are working toward the development of robots that are capable to stay connected with devices in the network seamlessly. To make IoT compatible robots, the robots should be autonomous and must be capable to act and respond to the surrounding instantly without human intervention. AI-enabled robots are the best fit for this requirement as they can manipulate data received from its environment and can respond to time-critical situations like humans. Increasing investments by enterprises on smart cities, connected cars, and process automation in manufacturing companies are contributing to the evolution of IoT, which, in turn, provide huge opportunity for the growth of the smart robot market.

Challenge: Safety concerns due to complex high-level interfacing

As the ongoing trend of robotics requires the merger of mechanical and software engineering, many companies are capitalizing on this to enhance their expertise in mechatronics and software. The focus on these robots has been to reduce injuries to humans in events of accidents due to collision between robots and humans, for instance, in logistics, sheep yards, and others. With the development of robotics applications that are expected to interact closely with humans, safety of humans from robots is a major concern. This implies that the hardware and software of the robots have to be very safe, and there should be no risk of malfunctioning. Efforts are being made to program the robots in such a way that they can adjust to humans, environment, and varying conditions. There is a need for advancements in activities related to coordination and cooperation among several units—for instance, who should talk to whom, what information needs to be shared, how to acquire information, and so on. Advanced smart robot designs are increasingly becoming complex and the networks are becoming dynamic, posing a challenge in predicting safe performance of robots in untested environments.

Smart Robots Market

Scope of the Report

Report Metric

Details

Market size available for years

2015–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Market Size (USD Million) and Volume (Units)

Segments covered

Component, Mobility (Stationary and Mobile), Operating Environment (Ground and Underwater), Application, and Region

Geographies covered

Americas, Europe, APAC, and RoW

Companies covered

SoftBank (Japan), iRobot (US), KUKA (Germany), ABB (Switzerland), Hanson Robotics (China), Amazon (US), FANUC (Japan), Blue Frog Robotics (France), YASKAWA ELECTRIC (Japan), Universal Robots (Denmark), Rethink Robotics (US), ECA Group (France), DeLaval (Denmark), Intuitive Surgical (US), Bluefin Robotics (US), Aethon (US), Neato Robotics (US), Samsung (South Korea), GeckoSystems (US), and Kongsberg Maritime (Norway)

The research report categorizes the smart robots market to forecast the revenues and analyze the trends in each of the following sub-segments:

Smart Robots Market By Component

  • Hardware
    • Sensor
      • Gyroscope
      • Microphone
      • Accelerometer
      • Tilt Sensor
      • Force/Torque Sensor
      • Position Sensor
      • Vision/Image Sensor
      • Others
    • Actuator
      • Electrical
      • Pneumatic
      • Hydraulic
      • Piezoelectric
      • Ultrasonic
    • Power Source
    • Control System
      • Processors
        • MPUs
        • GPUs
        • FPGAs
        • ASICs
      • Controllers
    • Others
  • Software

Smart Robots Market By Mobility

  • Stationary
  • Mobile

Smart Robots Market By Operating Environment

  • Ground
  • Underwater

Smart Robots Market By Application

  • Personal and Domestic
    • Companionship
    • Education and Entertainment
    • Domestic
    • Others
      • Elderly and Handicap Assistance
      • Home Security and Surveillance
  • Professional
    • Military & Defense
      • Spying
      • Search and Rescue Operations
      • Border Security
      • Combat Operations
    • Law Enforcement
      • Patrolling
      • Riot Control
    • Public Relations
      • Reception Management
      • Tour Guidance
      • Telepresence
    • Logistics Management
      • Pick and Place
      • Sorting
    • Industrial
      • Manufacturing
      • Material Handling
    • Inspection and Maintenance
    • Field/Agriculture
    • Healthcare Assistance
    • Others

Smart Robots Market By Region

  • Americas
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Integration of Robots with AI and IoT (Qualitative)

  • Connectivity Technology
    • Ethernet
    • WiFi
    • Bluetooth
    • Cellular
  • Network Devices
    • Ethernet Adapters
    • Interconnects
  • Storage Devices
  • Interoperability Software

Key Market Players

SoftBank (Japan), iRobot (US), KUKA (Germany), ABB (Switzerland), Hanson Robotics (China), Amazon (US), FANUC (Japan), Blue Frog Robotics (France), YASKAWA ELECTRIC (Japan), Universal Robots (Denmark), Rethink Robotics (US), ECA Group (France), DeLaval (Denmark), Intuitive Surgical (US), Bluefin Robotics (US), Aethon (US), Neato Robotics (US), Samsung (South Korea), GeckoSystems (US), NVIDIA (US), Intel (US), IBM (US), Microsoft (US), Xilinx (US), and Alphabet (US), Promobot (Russia), AIBrain (US), DataRobot (US), LG (South Korea), Ecovacs (China), Dyson (UK), Alfred Kδrcher (Germany), Deere & Company (US), Husqvarna Group (Sweden), BSH Hausgerδte (Germany), LEGO (Denmark), Miele (Germany), Bissell (US), Pillo (US), and Kongsberg Maritime (Norway).

SoftBank conducts investment activities keeping the vision of setting up new businesses. In 2012, Softbank entered the robotics market through the acquisition of Aldebaran Robotics (France) in a deal of approximately USD 100 million. SoftBank Robotics, a subsidiary of the SoftBank Group, changed the “Aldebaran” brand name to “SoftBank Robotics” in view to increase global brand awareness and business scale. Hence, the Aldebaran Robotics (France) had been renamed to SoftBank Robotics Europe, making the related subsidiaries to change the name accordingly. This made Aldebaran Robotics (US) and Aldebaran Robotics (China) to be renamed as SoftBank Robotics America and SoftBank Robotics China Trading, respectively.

Recent Developments

  • In November 2017, SoftBank entered the cleaning robot business by boarding scrubber utilizing the automatic driving technology of Brain (US).
  • In July 2017, iRobot acquired Robopolis (France), a major distributor in Europe. This acquisition further helped iRobot expand its presence in Europe.
  • In April 2017, KUKA collaborated with SAP (Germany) to integrate KUKA robots and SAP Cloud Platform. This is expected to help companies adopting KUKA robots evaluate predictive maintenance scenarios in their factories and monitor factory floors easily.
  • In July 2017, ABB acquired Bernecker + Rainer Industrie-Elektronik, a German-based provider of products and software solutions for machine and factory automation. With this acquisition, ABB is expected to strengthen its software support for its robotics business.
  • In March 2016, Hanson Robotics launched its latest prototype of humanoid robot Sophia at SXSW conference.

Critical questions the report answers:

  • As new companies enter the market targeting popular applications such as vacuuming, who will account for a larger market share—the top 4 players or new entrants?
  • In the case of domestic and entertainment robots, which type will have a larger market share, and which will be the fast-growing type?
  • With applications of AI, coupled with advanced sensors, software, and cameras, capabilities of household robots have increased significantly in the last few years. Will AI-enabled voice assistants from Google (US) and Amazon (US) become a mainstream feature in personal applications?
  • In 2017, both North America and APAC held a relatively similar market share; however, APAC is expected to surpass the North American market in the near future. Will China be the fastest-growing country, or will this trend change as other countries in APAC start to adopt smart robots?
  • What are the key market dynamics influencing market growth? How will it play into the strength and weaknesses of the company, both from its internal and external viewpoint?

Customization Options:

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix that gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for This Study
    1.4 Currency
    1.5 Package Size
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Arriving at Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Arriving at Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Adoption of Autonomous Robots for Professional Services
                    5.2.1.2 Emerging Technological Advancements in the Field of Robotics
                    5.2.1.3 Increasing Investments Toward Industrial Automation
                    5.2.1.4 Growing Government Aid for R&D of AI-Enabled Robots
           5.2.2 Restraints
                    5.2.2.1 High Initial R&D Expenditure
           5.2.3 Opportunities
                    5.2.3.1 Rise in Demand for Personal Services
                    5.2.3.2 Adoption of IoT on Wide Level
                    5.2.3.3 Huge Potential in Developing Countries
           5.2.4 Challenges
                    5.2.4.1 Safety Concerns Due to Complex High-Level Interfacing

6 Industry Trends
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Case Studies
           6.3.1 Personal Applications (Smart Home Robots)
           6.3.2 Professional Applications (Intelligent Robots)
           6.3.3 Industrial Applications (AI integrated Robotic System)

7 Smart Robots Market, By Component
    7.1 Introduction
    7.2 Hardware
           7.2.1 Sensor
                    7.2.1.1 Gyroscope
                    7.2.1.2 Microphone
                    7.2.1.3 Accelerometer
                    7.2.1.4 Tilt Sensor
                    7.2.1.5 Force/Torque Sensor
                    7.2.1.6 Position Sensor
                    7.2.1.7 Vision/Image Sensor
                    7.2.1.8 Others
           7.2.2 Actuator
                    7.2.2.1 Electrical
                    7.2.2.2 Pneumatic
                    7.2.2.3 Hydraulic
                    7.2.2.4 Piezoelectric
                    7.2.2.5 Ultrasonic
           7.2.3 Power Source
           7.2.4 Control System
                    7.2.4.1 Processors
                               7.2.4.1.1 MPUs
                               7.2.4.1.2 GPUs
                               7.2.4.1.3 FPGAs
                               7.2.4.1.4 ASICs
                    7.2.4.2 Controllers
           7.2.5 Others
    7.3 Software

8 Smart Robots Market, By Mobility
    8.1 Introduction
    8.2 Stationary
    8.3 Mobile

9 Smart Robots Market, By Operating Environment
    9.1 Introduction
    9.2 Ground
    9.3 Underwater

10 Smart Robots Market, By Application
     10.1 Introduction
     10.2 Personal and Domestic
             10.2.1 Companionship
             10.2.2 Education and Entertainment
             10.2.3 Domestic
             10.2.4 Others
                        10.2.4.1 Elderly and Handicap Assistance
                        10.2.4.2 Home Security and Surveillance
     10.3 Professional
             10.3.1 Military & Defense
                        10.3.1.1 Spying
                        10.3.1.2 Search and Rescue Operations
                        10.3.1.3 Border Security
                        10.3.1.4 Combat Operations
             10.3.2 Law Enforcement
                        10.3.2.1 Patrolling
                        10.3.2.2 Riot Control
             10.3.3 Public Relations
                        10.3.3.1 Reception Management
                        10.3.3.2 Tour Guidance
                        10.3.3.3 Telepresence
             10.3.4 Logistics Management
                        10.3.4.1 Pick and Place
                        10.3.4.2 Sorting
             10.3.5 Industrial
                        10.3.5.1 Manufacturing
                        10.3.5.2 Material Handling
             10.3.6 Inspection and Maintenance
             10.3.7 Field/Agriculture
             10.3.8 Healthcare Assistance
             10.3.9 Others

11 Geographic Analysis
     11.1 Introduction
     11.2 Americas
             11.2.1 US
             11.2.2 Canada
             11.2.3 Mexico
             11.2.4 South America
     11.3 Europe
             11.3.1 Germany
             11.3.2 Italy
             11.3.3 Spain
             11.3.4 France
             11.3.5 UK
             11.3.6 Rest of Europe
     11.4 APAC
             11.4.1 China
             11.4.2 South Korea
             11.4.3 Japan
             11.4.4 India
             11.4.5 Rest of APAC
     11.5 RoW
             11.5.1 Middle East and Africa
             11.5.2 South America

12 Integration of Robots with AI and IoT (Qualitative)
     12.1 Introduction
     12.2 Connectivity Technology
             12.2.1 Ethernet
             12.2.2 WiFi
             12.2.3 Bluetooth
             12.2.4 Cellular
     12.3 Network Devices
             12.3.1 Ethernet Adapters
             12.3.2 Interconnects
     12.4 Storage Devices
     12.5 Interoperability Software 

13 Competitive Landscape
     13.1 Overview
     13.2 Market Ranking Analysis
     13.3 Competitive Scenario
             13.3.1 Expansions
             13.3.2 Product Launches and Developments
             13.3.3 Acquisitions
             13.3.4 Partnerships, Collaborations, Alliances, and Joint Ventures

14 Company Profiles
     14.1 Key Players
             14.1.1 iRobot
             14.1.2 Softbank
             14.1.3 ABB
             14.1.4 KUKA AG
             14.1.5 Hanson Robotics
             14.1.6 Amazon
             14.1.7 FANUC Corporation
             14.1.8 YASKAWA Electric
             14.1.9 Blue Frog Robotics
             14.1.10 Kongsberg Maritime
     14.2 Other Players
             14.2.1 Universal Robots A/S
             14.2.2 ECA Group
             14.2.3 Delaval
             14.2.4 Rethink Robotics
             14.2.5 Intuitive Surgical
             14.2.6 Bluefin Robotics
             14.2.7 Aethon
             14.2.8 Samsung
             14.2.9 Neato
             14.2.10 Geckosystems

15 Appendix
     15.1 Discussion Guide
     15.2 Knowledge Store: MarketsandMarkets’ Subscription Portal
     15.3 Available Customizations
     15.4 Related Reports


List of Tables (107 Tables)

Table 1 Smart Robots Market, By Component, 2015–2023 (USD Million)
Table 2 Market, By Hardware, 2015–2023 (USD Million)
Table 3 Market, By Mobility, 2015–2023 (USD Million)
Table 4 Market, By Mobility, 2015–2023 (Units)
Table 5 Market for Stationary Robots, By Application, 2015–2023 (USD Million)
Table 6 Market for Stationary Robots, By Personal and Domestic Applications, 2015–2023 (USD Million)
Table 7 Market for Stationary Robots, By Professional Application, 2015–2023 (USD Million)
Table 8 Market for Stationary Robots, By Region, 2015–2023 (USD Million)
Table 9 Market for Mobile Robots, By Application, 2015–2023 (USD Million)
Table 10 Market for Mobile Robots, By Personal and Domestic Applications, 2015–2023 (USD Million)
Table 11 Market for Mobile Robots, By Professional Application, 2015–2023 (USD Million)
Table 12 Market for Mobile Robots, By Region, 2015–2023 (USD Million)
Table 13 Market, By Operating Environment, 2015–2023 (USD Million)
Table 14 Market for Ground Robots, By Mobility, 2015–2023 (USD Million)
Table 15 Market for Ground Robots, By Application, 2015–2023 (USD Million)
Table 16 Market for Ground Robots, By Personal and Domestic Applications, 2015–2023 (USD Million)
Table 17 Market for Ground Robots, By Professional Application, 2015–2023 (USD Million)
Table 18 Market for Ground Robots, By Region, 2015–2023 (USD Million)
Table 19 Market for Underwater Robots, By Professional Application, 2015–2023 (USD Million)
Table 20 Smart Robots Market for Underwater Robots, By Region, 2015–2023 (USD Million)
Table 21 Market, By Application, 2015–2023 (USD Million)
Table 22 Market, By Application, 2015–2023 (Thousand Units)
Table 23 Market for Personal and Domestic Application, By Application Type, 2015–2023 (USD Million)
Table 24 Market for Personal and Domestic Application, By Application Type, 2015–2023 (Thousand Units)
Table 25 Market for Personal and Domestic Applications, By Mobility, 2015–2023 (USD Million)
Table 26 Market for Personal and Domestic Applications, By Operating Environment, 2015–2023 (USD Million)
Table 27 Market for Personal and Domestic Application, By Region, 2015–2023 (USD Million)
Table 28 Market for Companionship Application, By Region, 2015–2023 (USD Million)
Table 29 Smart Robots Market for Education and Entertainment Application, By Type, 2015–2023 (USD Million)
Table 30 Market for Education and Entertainment Application, By Region, 2015–2023 (USD Million)
Table 31 Market for Entertainment Application, By Application Type, 2015–2023 (USD Million)
Table 32 Smart Robots Market for Entertainment Application, By Application Type, 2015–2023 (Thousand Units)
Table 33 Smart Robot Market for Smart Toys Application, By Region, 2015–2023 (USD Million)
Table 34 Smart Robot Market for Robotic Pets Application, By Region, 2015–2023 (USD Million)
Table 35 Market for Domestic Applications, By Application Type, 2015–2023 (USD Million)
Table 36 Market for Domestic Application, By Application Type, 2015–2023 (Thousand Units)
Table 37 Market for Domestic Application, By Region, 2015–2023 (USD Million)
Table 38 Market for Vacuum and Floor Cleaning Application, By Region, 2015–2023 (USD Million)
Table 39 Market for Lawn Mowing Application, By Region, 2015–2023 (USD Million)
Table 40 Market for Pool Cleaning Application, By Region, 2015–2023 (USD Million)
Table 41 Market for Other Personal Applications, By Application Type, 2015–2023 (USD Million)
Table 42 Market for Other Personal Applications, By Application Type, 2015–2023 (Thousand Units)
Table 43 Market for Other Personal Applications, By Region, 2015–2023 (USD Million)
Table 44 Market for Elderly and Handicap Assistance Application, By Region, 2015–2023 (USD Million)
Table 45 Market for Home Security and Surveillance Application, By Region, 2015–2023 (USD Million)
Table 46 Market for Professional Application, By Application Type, 2015–2023 (USD Million)
Table 47 Market for Professional Application, By Application Type, 2015–2023 (Units)
Table 48 Market for Professional Applications, By Mobility, 2015–2023 (USD Million)
Table 49 Market for Professional Applications, By Operating Environment, 2015–2023 (USD Million)
Table 50 Smart Robots Market for Professional Application, By Region, 2015–2023 (USD Million)
Table 51 Market for Military & Defense Application, By Application Type, 2015–2023 (USD Million)
Table 52 Market for Military & Defense Application, By Application Type, 2015–2023 (Units)
Table 53 Market for Military & Defense Application, By Region, 2015–2023 (USD Million)
Table 54 Market for Spying Application, By Region, 2015–2023 (USD Million)
Table 55 Market for Search and Rescue Operations, By Region, 2015–2023 (USD Million)
Table 56 Market for Border Security Application, By Region, 2015–2023 (USD Million)
Table 57 Market for Combat Operations Application, By Region, 2015–2023 (USD Million)
Table 58 Market for Law Enforcement Application, By Application Type, 2015–2023 (USD Million)
Table 59 Smart Robots Market for Law Enforcement Application, By Application Type, 2015–2023 (Units)
Table 60 Market for Law Enforcement Application, By Region, 2015–2023 (USD Million)
Table 61 Market for Patrolling Application, By Region, 2015–2023 (USD Million)
Table 62 Market for Riot Control Application, By Region, 2015–2023 (USD Million)
Table 63 Market for Public Relations Application, By Application Type, 2015–2023 (USD Million)
Table 64 Market for Public Relations Application, By Application Type, 2015–2023 (Units)
Table 65 Market for Public Relations Application, By Region, 2015–2023 (USD Million)
Table 66 Market for Reception Management Application, By Region, 2015–2023 (USD Million)
Table 67 Market for Tour Guidance Application, By Region, 2015–2023 (USD Million)
Table 68 Market for Telepresence Application, By Region, 2015–2023 (USD Million)
Table 69 Market for Logistics Management Application, By Application Type, 2015–2023 (USD Million)
Table 70 Market for Logistics Management Application, By Application Type, 2015–2023 (Units)
Table 71 Market for Logistics Management Application, By Region, 2015–2023 (USD Million)
Table 72 Market for Pick and Place Application, By Region, 2015–2023 (USD Million)
Table 73 Market for Sorting Application, By Region, 2015–2023 (USD Million)
Table 74 Market for Industrial Application, By Application Type, 2015–2023 (USD Million)
Table 75 Smart Robots Market for Industrial Application, By Application Type, 2015–2023 (Units)
Table 76 Market for Industrial Application, By Region, 2015–2023 (USD Million)
Table 77 Market for Manufacturing Application, By Region, 2015–2023 (USD Million)
Table 78 Market for Material Handling Application, By Region, 2015–2023 (USD Million)
Table 79 Smart Robots Market for Inspection and Maintenance Application, By Region, 2015–2023 (USD Million)
Table 80 Market for Field Application, By Application Type, 2015–2023 (USD Million)
Table 81 Market for Field Application, By Application Type, 2015–2023 (Units)
Table 82 Market for Field Application, By Region, 2015–2023 (USD Million)
Table 83 Market for Healthcare Assistance Application, By Application Type, 2015–2023 (USD Million)
Table 84 Smart Robot Market for Healthcare Assistance Application, By Application Type, 2015–2023 (Units)
Table 85 Smart Robot Market for Heathcare Assistance Application, By Region, 2015–2023 (USD Million)
Table 86 Smart Robot Market for Other Professional Applications, By Region, 2015–2023 (USD Million)
Table 87 Smart Robot Market, By Region, 2015–2023 (USD Million)
Table 88 Smart RobotsMarket in the Americas, By Country, 2015–2023 (USD Million)
Table 89 Smart Robot Market in the Americas, By Operating Environment, 2015–2023 (USD Million)
Table 90 Market in the Americas, By Mobility, 2015–2023 (USD Million)
Table 91 Market in the Americas, By Application, 2015–2023 (USD Million)
Table 92 Market in Europe, By Country, 2015–2023 (USD Million)
Table 93 Market in Europe, By Operating Environment, 2015–2023 (USD Million)
Table 94 Smart Robot Market in Europe, By Mobility, 2015–2023 (USD Million)
Table 95 Smart Robot Market in Europe, By Application, 2015–2023 (USD Million)
Table 96 Smart Robot Market in APAC, By Country, 2015–2023 (USD Million)
Table 97 Smart Robot Market in APAC, By Operating Environment, 2015–2023 (USD Million)
Table 98 Market in APAC, By Mobility, 2015–2023 (USD Million)
Table 99 Smart Robots Market in APAC, By Application, 2015–2023 (USD Million)
Table 100 Market in RoW, By Country, 2015–2023 (USD Million)
Table 101 Market in RoW, By Operating Environment, 2015–2023 (USD Million)
Table 102 Market in RoW, By Mobility, 2015–2023 (USD Million)
Table 103 Market in RoW, By Application, 2015–2023 (USD Million)
Table 104 Top 5 Players in the Smart Robot Market, 2017
Table 105 10 Most Recent Product Launches in Smart Robot Market
Table 106 10 Most Recent Agreements, Collaborations, and Expansions in the Smart Robot Market
Table 107 5 Most Recent Acquisitions and Partnerships in the Market


List of Figures (54 Figures)

Figure 1 Smart Robots Market: Research Design
Figure 2 Process Flow
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown & Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Market for Industrial Application Estimated to Grow at the Highest CAGR During the Forecast Period
Figure 8 Market Expected to Hold A Larger Share for Hardware Throughout the Forecast Period
Figure 9 Telepresence, and Inspection and Maintenance are the Fastest Growing Professional Applications During Forecast Period
Figure 10 APAC Expected to Be the Fastest-Growing Region in the Market During Forecast Period
Figure 11 Growing Adoption of Autonomous Robots for Professional Application Driving the Growth of the Market
Figure 12 Professional Application Expected to Dominate the Smart Robot Market During the Forecast Period
Figure 13 APAC Expected to Hold the Largest Market Share of Market for Professional Application in 2018
Figure 14 Software Expected to Hold the Largest Share of the Market Throughout the Forecast Period
Figure 15 US Expected to Hold the Largest Share of the Market in 2018
Figure 16 Market in APAC Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Growing Need of Autonomous Operations in Professional as Well as Personal and Domestic Applications is Driving the Market
Figure 18 Product Feature Advancements With Time
Figure 19 Industrial Robotics Installation Statistics (2013–2017)
Figure 20 Population of People Aged 65 Years and Above Expected to Reach 1 Billion By 2030
Figure 21 Value Chain Analysis: Major Value Added During the Original Equipment Manufacturing Phase
Figure 22 Smart Robots Market for Software Expected to Grow at A Higher CAGR During the Forecast Period
Figure 23 Sensors Expected to Exhibit the Highest CAGR in the Smart Robot Market for Hardware During the Forecast Period
Figure 24 Professional Application Expected to Dominate the Market During the Forecast Period
Figure 25 Smart Robot Market for Other Personal and Domestic Applications Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Pool Cleaning Application Expected to Exhibit the Highest CAGR in the Smart Robots Market for Domestic Segment During the Forecast Period
Figure 27 Robotic Pets Expected to Lead the Smart Robot Market for Entertainment and Education Application During the Forecast Period
Figure 28 Elderly and Handicap Assistance Application Expected to Exhibit A Higher CAGR in the Smart Robots Market for Personal Application During the Forecast Period
Figure 29 Inspection and Maintenance Application Expected to Exhibit the Highest CAGR in the Market for Professional Application During the Forecast Period
Figure 30 Border Security Application Expected to Exhibit A Higher CAGR in the Figure 31 Agriculture and Forestry Application Expected to Exhibit A Higher CAGR in the Market for Field Application During the Forecast Period
Figure 32 Other Applications Expected to Exhibit A Higher CAGR in the Market for Healthcare Assistance Application During the Forecast Period
Figure 33 Market: Geographic Snapshot
Figure 34 Americas: Snapshot of Market
Figure 35 Europe: Snapshot of Market
Figure 36 APAC: Snapshot of Smart Robot Market
Figure 37 RoW: Snapshot of Market
Figure 38 Companies Adopted Product Launches as the Key Growth Strategy in the Market Between January 2015 and December 2017
Figure 39 Market Evaluation Framework
Figure 40 Softbank: Company Snapshot
Figure 41 Softbank: SWOT Analysis
Figure 42 Irobot: Company Snapshot
Figure 43 Irobot: SWOT Analysis
Figure 44 KUKA: Company Snapshot
Figure 45 KUKA: SWOT Analysis
Figure 46 ABB: Company Snapshot
Figure 47 ABB: Sowt Analsis
Figure 48 Hanson Robotics: Company Snapshot
Figure 49 Hanson Robotics: SWOT Analysis
Figure 50 Amazon.Com: Company Snapshot
Figure 51 Blue Frog Robotics: Company Snapshot
Figure 52 FANUC: Company Snapshot
Figure 53 YASKAWA Electric: Company Snapshot
Figure 54 Kongsberg Maritime: Company Snapshot


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Report Code
SE 3613
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Feb, 2018
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