Top Robotics Market with COVID-19 Impact Analysis by Top Industrial Robotics (Articulated, SCARA, Cartesian, Parallel, Collaborative), Top Service Robotics (Logistics, Domestic, Medical, Defense, Rescue, and Security) - Global Forecast to 2025
[350 Pages Report] According to MarketsandMarkets, the top robotics market is projected to grow from USD 76.6 billion in 2020 to USD 176.8 billion by 2025; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.2% from 2020 to 2025. Collaborative robots are becoming more affordable and easier to program for novice users, leading to growing demand for collaborative robots across all industry segments. Service robots are increasingly being adopted for new applications due to various advantages such as increased productivity, streamlined processes, and greater workplace safety. The main advantage of using service robots is the reduction in the cost of operation and high ROI. The objective of the report is to define, describe, and forecast the top robotics market based on type, component, environment, application, industry, and region.
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Impact of COVID-19 on current top robotics market size and forecast
The emergence of the COVID-19 pandemic, a deadly respiratory disease that originated in China, has now become a worldwide issue and has also affected the top robotics market. Most types of industrial and service robots have been affected by this crisis, which is expected to be a short-term impact. Although the market for service robots are expected to have a short impact, the market for industrial will have a longer impact that is expected to continue till the end of 2020. This is due to the higher growth rate of service robots compared to industrial robots. For instance, FANUC (Japan) has announced that its ROBOT division revenues was down 6.9% compared to the previous year for their financial year ending March 2020. The impact of COVID-19 at the end if the financial year was cited as one of the reasons for the decline. iRobot (US) on the other hand, has already started to recover from the pandemic. The company announced that its Q2 2020 revenue was higher by 8% compared to its previous year.
The COVID-19 pandemic will have a varying impact on different types of industrial and service robots. Traditional industrial robots are expected to be most affected due to a decrease in investments in major industries such as automotive and metals & machinery. However, collaborative robots are not expected to be as affected as it a growing market and is used in a more diverse set of industries. Service robots are expected to be lease affected. With drones, AGVs, disinfectant robots, and telepresence robots are being widely used for applications such as disinfection of premises, monitoring temperature, personal assistance, and for automated delivery, there will be a steady demand for these robots during the pandemic. However, consumer based service robots will be greatly affected due to the fall in disposable income as a result of the pandemic.
Top Robotics Market Dynamics
Driver: Anticipated shortage of skilled labor in manufacturing industries
The manufacturing industries in countries such as the US, Germany, and China have experienced tremendous growth over the past decade; however, these industries are expected to face a workforce shortage within the next few years. The labor shortage is especially prevalent in jobs with many repetitive and ergonomically unfavorable tasks, such as packaging and monitoring in the food industry. In the US, the growth of the manufacturing sector, coupled with retiring workers and reluctance of millennials and Generation Z candidates to enter into manufacturing industries, is expected to create a skill gap in the coming years. To compensate for the shortage of workforce, stakeholders have to find solutions to improve productivity and substitute human labor. Increasing automation to counter the skill gap is one of the solutions adopted by companies, especially in developed countries. ARC Specialties (US), a manufacturing solutions provider, recently developed an AI-based pipe welding solution to perform difficult and complex welds using a Universal Robots (Denmark) UR5 arm. This was developed in response to the shrinking skilled workforce performing difficult and manual tasks such as painting and welding.
Restraint: Concerns over data privacy and regulations
There are ethical issues concerning the ownership of data, especially with the rise of software services for robotics. Similar to other technological domains, a situation can arise where a small number of companies own the majority of customer information. The data captured by ground robots can be completely different from the data captured by drones. With the increase of domestic robots for household chores, education, and entertainment, the private information of individuals is available on the cloud. Third parties can often purchase this data, e.g., marketing agencies, and the privacy of individuals can be infringed upon. For instance, Amazon (US) and Google (US) have enabled voice activation and smart response for various robots such as Lynx (humanoid) and Roomba (vacuum cleaner). The voice from these devices can be infringed upon and misused. Hence, data security must also be considered. Other ethical aspects of robots, such as liability frameworks and the reuse of robot collected data for research or studies, also need to be considered by governments worldwide. The lack of technology standardization also complicates the integration of systems, as most equipment manufacturers use in-house interface protocols for communications. The consequences of a data breach are significant in sectors such as healthcare and military & defense and, therefore, requiring regulations without stifling the technology.
Opportunity: Accelerating spread of COVID-19 pandemic prompting several industries to adopt automation technologies
The pandemic has hit the retail industry very hard; if this pandemic intensifies, the retail companies might need automation technologies, and robotic systems manufacturers might grab this opportunity. For instance, in recent times, retailers have been witnessed placing large orders for kiosk ordering systems. Initially, jobs in the retail sector, such as grocery and delivery, were labor-intensive and involved tasks such as loading trucks and stocking shelves. However, the introduction of retail robots, due to the accelerated spread of the pandemic, is disrupting the retail industry. For example, Simbe Robotics (US) has recently released the inventory tracking robot called Tally. Many retail robots are being launched for the retail sector to conduct tasks such as managing store inventory, addressing worker shortage, helping shoppers find items, and monitoring stock levels for better efficiency. The most significant disruption witnessed during this pandemic is in the supply chains of the robotics ecosystem and the manufacturing sector, wherein there might be an increase in investments to enable automation.
Challenge: Interoperability and integration issues with industrial robots
Interoperability is an important function in any factory or manufacturing unit. A modular framework must exist for both hardware and software to connect and coordinate various automation systems. The focus here is on the software used for programming, diagnosing, and monitoring. It is not uncommon for industries to use robot arms from different manufacturers. Companies may also need to reprogram robots due to a change in production and demand or accommodate different parts, such as vision systems and end effectors. It is the responsibility of the integrator, rather than the manufacturer or end user, to decide on the implementation and set up or programming of the robot. Interoperability issues present a big challenge, especially to SMEs, due to their unique requirements and lack of personnel to set up a complex automation setup.
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Articulated robots are estimated to hold the largest share of the top industrial robotics market in 2020
Articulated robots are most commonly used in industries worldwide. They have the most number of axes compared to other types of industrial robots. The wrist of the robot can be fitted with a wide variety of end-effectors such as grippers and vacuum cups. These robots have been around for a much longer time than collaborative robots, which have only gained traction in the last decade. Industries such as automotive, electronics, and metal account for the major use of these robots as their production process imperatively needs to be heavily automated. As long as these industries thrive, articulated robots will dominate the market.
Ground service robots are estimated to hold the largest share of the top service robotics market in 2020
The ground environment constitutes of automated guided vehicles (AGVs), cleaning robots, agricultural robots, surgical robots, entertainment robots, inspection robots, humanoid robots, powered exoskeletons, telepresence robots, among others. Ground service robots dominated the market. Ground robots are used for applications such as surgeries, cleaning, and elderly care and communication through telepresence and assistance.
Medical application is estimated to hold the largest share of the top service robotics market in 2020
With the growing aging population that requires more care, robots are being developed to support both patients and medical staff. Medical assistive robots are also used to assist surgery and diagnosis by delivering necessary equipment or carrying instruments and other medical products; rehabilitation robotics help in assisting patients. The advantage of minimally invasive surgery is fueling the growth of medical robots. In 2019, according to the United Nations, there were 703 million people aged over 65 years. The high number of senior citizens and higher disposable income due to urbanization have aided the demand for minimally invasive surgery.
The food & beverages industry in the top industrial robotics market is projected to grow at the highest CAGR from 2020 to 2025
The industrial robotics market for the food and beverage industry is expected to grow at the highest CAGR during the forecast period. Automation in the food & beverage industry is comparatively different from other industries. Components or products are often not uniform in shape, size, weight, and texture. These objects have to be manipulated at a sufficiently fast speed without any damage. With technological advances in end effectors such as soft grippers, applications for traditional industrial robots now involve meat processing, handling of fruit and vegetables, and pick-and-place of processed foods besides packaging and palletizing. Collaborative robots are increasingly being used in the food industry. For instance, Orkla Foods (Sweden) currently uses UR10 robot from Universal Robots (Denmark) for packing ice cream bags in cartons.
APAC is leading the top industrial robotics market and is projected to grow at the highest CAGR from 2020 to 2025.
APAC held the largest share of top industrial robotics market in 2019. Although APAC lost some of its share compared to other regions in 2018, it still held the largest share of the market in 2019. A decrease in sales of industrial robots in countries such as China due to the fall in demand in the automotive sector and the effects of the US-China trade war are mainly responsible for the slowdown. As a result, major industrial robot manufacturers posted a lower than expected growth and revenue for the year ending 2018. The market growth in APAC is still expected to be the highest, as China recovers itself in the coming years and other countries like Taiwan and Thailand push for further automation. Increasing labor costs in APAC is also forcing manufacturers to automate to maintain their cost advantage. Therefore, strong growth for collaborative robots is expected in APAC.
European and North American industrial robotics market saw a sharp decline in the first and second quarter of 2020 due to COVID-19. Many industrial robot manufacturers announced a regional decline in revenue. This is expected to continue to third quarter as production remains impacted. Due to the faster recovery in APAC countries such as China and Japan, the negative impact of industrial robots is expected to subside over time. Due to a decline of production in regions such as North America and Europe, the APAC region may likely experience more sales as a result of unexpected production demand as a result of the continuing pandemic.
Key Market Players
Major vendors in the top industrial robotics market include ABB (Switzerland), YASKAWA (Japan), FANUC (Japan), KUKA (Germany), Mitsubishi Electric (Japan), Kawasaki Heavy Industries (Japan), DENSO (Japan), NACHI-FUJIKOSHI (Japan), Seiko Epson (Japan), Dürr (Germany), Universal Robots (Denmark), Omron Adept (US), b+m Surface Systems (Germany), Stäubli (Switzerland), Comau (Italy), Yamaha (Japan), IGM (Austria), ST Robotics (US), Franka Emika (Germany), and CMA Robotics (Italy). Major vendors in the top service robotics market include Intuitive Surgical (US), DJI (China), Daifuku (Japan), iRobot (US), DeLaval (Sweden), Kongsberg Maritime (Norway), Northrop Grumman (US), Neato Robotics (US), Swisslog Holding (Switzerland), Stryker (US), Lely (Netherlands), ECA GROUP (France), 3DR (US), SoftBank Robotics Group (Japan), PrecisionHawk (US), UBTECH Robotics (China), Parrot Drones SAS (France), CYBERDYNE (Japan), GE Inspection Robotics (Switzerland), Starship Technologies (US), ecoRobotix (Switzerland), HARVEST CROO (US), and GRAAL (Italy). Apart from these, Hyundai Robotics (South Korea) and Moley Robotics (UK) are among a few emerging companies in the top robotics market.
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Get online access to the report on the World's First Market Intelligence Cloud
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- Latest News, Updates & Trend analysis
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Report Metric |
Details |
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Market size available for years |
2017—2025 |
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Base year |
2019 |
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Forecast period |
2020—2025 |
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Units |
Value (USD Billion/Million) |
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Segments covered |
Type, Environment, Application, Industry, and Geography |
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Geographic regions covered |
North America, Europe, APAC, and RoW |
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Companies covered (Top Industrial Robotics) |
FANUC (Japan), ABB (Switzerland), YASKAWA (Japan), KUKA (Germany), Kawasaki Heavy Industries (Japan), Mitsubishi Electric (Japan)< DENSO (Japan), NACHI-FUJIKOSHI (Japan), Universal Robots (Denmark), Omron Adept (Japan), Seiko Epson (Japan), Stäubli (Switzerland), Siasun (China), Techman Robot (Taiwan), Comau (Italy), Yamaha (Japan), b+m Surface Systems (Germany), Delta Electronics (Taiwan), IGM (Austria), Dürr (Germany), Rethink Robotics (US), CMA Robotics (Italy), Precise Automation (US),ST Robotics (US), Franka Emika (Germany), MABI Robotic (Switzerland), Bosch (Germany), TAL Manufacturing Solutions (India), Hyundai Robotics (South Korea), and Kassow Robots (Denmark) |
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Companies covered (Top Service Robotics) |
Intuitive Surgical (US), Daifuku (Japan), DJI (China), iRobot (US), Kongsberg Maritime (Norway), DeLaval (Sweden), Amazon Robotics (US), Softbank Robotics (Japan), UBTECH Robotics (China), Precision Hawk (US), Hanson Robotics (China), CYBERDYNE (Japan), Parrot (France), GE Inspection Robotics (Switzerland), Stryker (US), KUKA (Germany), Neato Robotics (US), ECA Group (France), 3DR (US), Lely (Netherlands), GRAAL (Italy), Starship Technologies (US), ecoRobotix (Switzerland), HARVEST CROO (US), CMR Surgical (UK), EndoMaster (Singapore), SKYDIO (US), Skyqraft (Sweden), Matternet (US), ROBOTICS PLUS (New Zealand), Diligent Robotics (US), Flirtey (US), Dusty Robotics (US), Built Robotics (US), Moley Robotics (UK), and SPYCE FOOD (US) |
Top Robotics Market, by Robotics Type:
- Top Industrial Robotics
- Top Service Robotics
- Impact of COVID-19 on robotics types
This report categorizes the top industrial robotics market based on type, application, industry, and geography.
Top Industrial Robotics Market, by Type:
- Traditional Industrial Robots (Articulated, Cartesian, SCARA, Parallel, and Collaborative Robots)
- Collaborative Industrial Robots
- Impact of COVID-19 on industrial robot types
Top Industrial Robotics Market, by Application:
- Handling
- Welding & Soldering
- Assembling & Disassembling
- Dispensing
- Processing
- Others (Inspections & Quality Testing and Die Casting & Molding)
- COVID-19 impact on market for various applications
Top Industrial Robotics Market, by Industry:
- Automotive
- Electrical & Electronics
- Metals & Machinery
- Plastics, Rubber, and Chemicals
- Food & Beverages
- Precision Engineering & Optics
- Pharmaceuticals & Cosmetics
- Others (Paper & Printing, Foundry & Forging, Ceramics & Stone, and Wood)
- Impact of COVID-19 on industries
Geographic Analysis of Top Industrial Robotics Market:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Italy
- Spain
- France
- UK
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- Taiwan
- Thailand
- India
- Rest of APAC
- RoW
- Middle East & Africa
- South America
- Impact of COVID-19 on industrial robotics market in various regions
This report categorizes the top service robotics market based on type, component, environment, application and geography.
Top Service Robotics Market, by Type:
- Professional
- Personal & Domestic
- Impact of COVID-19 on service robot types
Top Service Robotics Market, by Environment:
- Aerial (Commercial & Consumer Drones)
- Ground (AGVs, Cleaning Robots, Agricultural Robots, Surgical Robots, Entertainment & Leisure Robots, Inspection Robots, Humanoid Robots, Powered Exoskeletons, Telepresence Robots, and Others)
- Marine (ROVs, AUVs, and USVs)
- COVID-19 impact on service robotics market for various environments
Top Service Robotics Market, by Application:
- Logistics
- Field
- Research & Space Exploration
- Medical
- Public Relations
- Inspection & Maintenance
- Construction & Demolition
- Defense, Rescue, and Security
- Marine
- Domestic
- Entertainment, Educational, and Personal
- COVID-19 impact on service robotics market for various applications
Geographic Analysis of Top Service Robotics Market:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of APAC
- RoW
- Middle East & Africa
- South America
- COVID-19 impact on service robotics market in various regions
Recent Developments
- In September 2019, ABB (Switzerland) announced a partnership with Huawei (China) for the co-development of artificial intelligence (AI). ABB showcased its robots using vision and AI deep learning (based on a Huawei AI Accelerator Module) to perform waste separation.
- In January 2020, iRobot (US) partnered with If This Then That (IFTTT), a leading integration and discovery platform for web services, to enable new, embedded smart home integrations. Through IFTTT, iRobot wants to work toward integrating devices and services, such as smart thermostats and lighting and home security, directly within the iRobot HOME App.
- In February 2020, Intuitive Surgical (US) announced the acquisition of Orpheus Medical (US), a provider of information technology connectivity, with expertise in processing and archiving surgical video for hospitals. It is expected that combining the strength of both companies will provide current and future customers easier and faster access to their data.
Frequently Asked Questions (FAQ):
What will be the dynamics for the adoption of industrial robots based on type?
For traditional industrial robots, articulated robots are expected to continue to have the most widespread adoption across various industries. Collaborative robots on the other hand have a high growth potential and are being adopted at a fast rate. However, the market for collaborative robots is still small compared to traditional industrial robots
How professional and personal & domestic service robots will contribute to the overall market growth by 2025?
Professional service robots are expected to have the highest share, mainly due to their utility and high costs. However, personal & domestic robots are expected to grow at a higher CAGR due to increasing requirement towards automating domestic tasks such as cleaning, vacuuming, and lawn mowing.
How will technological developments such as integration of AI with robots and 5G technology change the market landscape in the future?
Service robots will leverage AI natural language processing abilities to interact with customers in a more human way while industrial robots will utilize AI mainly for predictive maintenance. While IIoT is helping with AI tasks such as predictive maintenance, 5G is set to complement AI functionalities. 5G technology is set to make AI even more capable due to its low latency and high speed as well as bandwidth.
Which region is expected to adopt industrial and service systems at a fast rate?
APAC is expected to adopt both industrial and service at the fastest rate. Countries such as Taiwan, Thailand, and India have a high potential for the future growth of the market.
What are the key market dynamics influencing market growth? How will they turn into strengths or weaknesses of companies operating in the market space?
Growing demand for industrial robots will increase with the growth of major industries such as automotive, electrical & electronics, food & beverages, and pharmaceutical & cosmetics industry. For service robots, the growing aging population and busy lifestyles will contribute towards the growth of service robots. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 42)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
FIGURE 1 SEGMENTATION OF TOP ROBOTICS MARKET
FIGURE 2 SEGMENTATION OF TOP INDUSTRIAL ROBOTICS MARKET
FIGURE 3 SEGMENTATION OF TOP SERVICE ROBOTICS MARKET
1.3.1 YEARS CONSIDERED
1.4 CURRENCY & PRICING
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 48)
2.1 RESEARCH DATA
FIGURE 4 TOP ROBOTICS MARKET: RESEARCH DESIGN
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 Key data from primary sources
2.1.2.2 Breakdown of primaries
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
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1—BOTTOM-UP (DEMAND SIDE) – DEMAND FOR DRONES IN THE US
FIGURE 6 TOP ROBOTICS MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—REVENUE GENERATED FROM PRODUCTS IN MARINE ROBOTS MARKET
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—ILLUSTRATION OF REVENUE ESTIMATION FOR ONE OF THE COMPANIES IN MARINE ROBOTS MARKET
FIGURE 9 TOP ROBOTICS MARKET: TOP-DOWN APPROACH
2.2.3 MARKET PROJECTIONS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 60)
TABLE 1 SCENARIOS FOR RECOVERY OF GLOBAL ECONOMY
3.1 REALISTIC SCENARIO
3.2 OPTIMISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
FIGURE 11 TOP ROBOTICS MARKET GROWTH PROJECTION FOR REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
FIGURE 12 IMPACT OF COVID-19 ON TOP ROBOTICS MARKET
FIGURE 13 ARTICULATED ROBOTS TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2025
FIGURE 14 HANDLING APPLICATION TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2025
FIGURE 15 TOP INDUSTRIAL ROBOTICS MARKET FOR FOOD & BEVERAGES INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 16 APAC TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET, IN TERMS OF VOLUME, IN 2020
FIGURE 17 GROUND-BASED ROBOTS TO HOLD LARGEST SHARE OF TOP SERVICE ROBOTICS MARKET IN 2025
FIGURE 18 PROFESSIONAL ROBOTS TO HOLD LARGER SHARE OF TOP SERVICE ROBOTICS MARKET IN 2025
FIGURE 19 TOP SERVICE ROBOTICS MARKET FOR DOMESTIC APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 20 NORTH AMERICA TO HOLD LARGEST SHARE OF TOP SERVICE ROBOTICS MARKET IN 2020
4 PREMIUM INSIGHTS (Page No. - 70)
4.1 ATTRACTIVE OPPORTUNITIES IN TOP INDUSTRIAL ROBOTICS MARKET
FIGURE 21 ANTICIPATED SHORTAGE OF SKILLED LABOR IN MANUFACTURING INDUSTRIES TO FUEL GROWTH OF TOP INDUSTRIAL ROBOTICS MARKET DURING FORECAST PERIOD
4.2 TOP INDUSTRIAL ROBOTICS MARKET, BY TYPE
FIGURE 22 MARKET FOR COLLABORATIVE ROBOTS TO GROW AT HIGHEST CAGR DURING 2020–2025
4.3 TOP INDUSTRIAL ROBOTICS MARKET, BY APPLICATION
FIGURE 23 HANDLING APPLICATION TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2020
4.4 TOP INDUSTRIAL ROBOTICS MARKET, BY INDUSTRY
FIGURE 24 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2020
4.5 TOP INDUSTRIAL ROBOTICS MARKET, BY COUNTRY
FIGURE 25 CHINA TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2020
4.6 ATTRACTIVE OPPORTUNITIES IN TOP SERVICE ROBOTICS MARKET
FIGURE 26 GROWING USE OF IOT IN ROBOTS FOR COST-EFFECTIVE PREDICTIVE MAINTENANCE WOULD FUEL GROWTH OF TOP SERVICE ROBOTICS MARKET DURING FORECAST PERIOD
4.7 TOP SERVICE ROBOTICS MARKET, BY TYPE
FIGURE 27 PROFESSIONAL ROBOTS TO HOLD LARGER SHARE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2020
4.8 TOP SERVICE ROBOTICS MARKET, BY ENVIRONMENT
FIGURE 28 GROUND ROBOTS TO HOLD LARGEST SHARE OF TOP SERVICE ROBOTICS MARKET IN 2020
4.9 TOP SERVICE ROBOTICS MARKET, BY APPLICATION
FIGURE 29 DOMESTIC APPLICATION TO HOLD LARGEST SHARE OF TOP SERVICE ROBOTICS MARKET BY 2025
4.10 TOP SERVICE ROBOTICS MARKET, BY COUNTRY
FIGURE 30 US TO HOLD LARGEST SHARE OF TOP SERVICE ROBOTICS MARKET IN 2020
5 TOP ROBOTICS MARKET, BY ROBOTICS TYPE (Page No. - 75)
5.1 INTRODUCTION
FIGURE 31 TOP INDUSTRIAL ROBOTICS MARKET TO HOLD LARGER SHARE COMPARED WITH TOP SERVICE ROBOTICS MARKET IN 2020
TABLE 2 TOP ROBOTICS MARKET, BY ROBOTICS TYPE, 2017–2025 (USD BILLION)
5.1.1 TOP INDUSTRIAL ROBOTICS MARKET
5.1.2 TOP SERVICE ROBOTICS MARKET
5.2 IMPACT OF COVID-19 ON ROBOTICS TYPES
5.2.1 MORE IMPACTED TYPE
FIGURE 32 IMPACT OF COVID-19 ON INDUSTRIAL ROBOTICS MARKET
5.2.2 LESS IMPACTED TYPE
FIGURE 33 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET
6 MARKET OVERVIEW OF TOP INDUSTRIAL ROBOTICS MARKET (Page No. - 79)
6.1 INTRODUCTION
6.2 MARKET DYNAMICS
FIGURE 34 IMPACT OF DRIVERS AND OPPORTUNITIES ON TOP INDUSTRIAL ROBOTICS MARKET
FIGURE 35 IMPACT OF RESTRAINTS AND CHALLENGES ON TOP INDUSTRIAL ROBOTICS MARKET
6.2.1 DRIVERS
6.2.1.1 Growing demand for collaborative robots across all industry segments
6.2.1.2 Anticipated shortage of skilled labor in manufacturing industries
6.2.1.3 Initiatives by governments and public–private companies to mitigate COVID-19 impact
6.2.2 RESTRAINTS
6.2.2.1 High cost of deployment, especially for SMEs
6.2.2.2 Reduction of jobs due to automation
6.2.3 OPPORTUNITIES
6.2.3.1 Increasing automation in electronics industry
6.2.4 CHALLENGES
6.2.4.1 Interoperability and integration issues with industrial robots
6.2.4.2 Difficulties faced by startup companies to virtually demonstrate their products
6.3 TARIFFS AND REGULATIONS
6.3.1 POSITIVE IMPACT OF TARIFFS ON INDUSTRIAL ROBOTS
6.3.2 NEGATIVE IMPACT OF TARIFFS ON INDUSTRIAL ROBOTS
6.4 REGULATIONS
6.4.1 NORTH AMERICA
6.4.2 EUROPE
6.4.3 APAC
6.5 CASE STUDIES
6.5.1 ROBOTIC LASER CUTTING AND HEAVY-PART MATERIAL HANDLING HELP UPF REDUCE OPERATING COSTS AND INCREASE PRODUCTION FLEXIBILITY
6.5.2 ROYAL DUTCH SHELL IMPLEMENTED INDUSTRIAL ROBOTS FROM FANUC TO INCREASE PRODUCTIVITY IN MANUFACTURING SOLAR CELLS
6.5.3 HITACHI POWDERED METALS DEPLOYED ROBOTIC AUTOMATION FROM ABB, BOOSTING PRODUCTION BY 400%
6.5.4 WESTHEIMER BREWERY AUTOMATED ITS END-OF-LINE PROCESSING USING ROBOTS FROM KAWASAKI HEAVY INDUSTRIES
6.5.5 ONLINE PHARMACY APOTEA ACHIEVED 30% HIGHER PRODUCTIVITY BY DEPLOYING ABB ROBOTS
6.5.6 FORD DEPLOYS THREE UR10 COLLABORATIVE ROBOTS FROM UNIVERSAL ROBOTS FOR AUTOMATED ENGINE OIL FILLING
6.5.7 BEYERDYNAMIC USED UR3 AND UR5 COLLABORATIVE ROBOTS BY UNIVERSAL ROBOTS TO INCREASE QUALITY AND PRODUCTIVITY
6.5.8 BAUMRUK & BAUMRUK AUTOMATED ITS PROCESS OF LOADING SMALLER PARTS INTO MILLING CENTERS
6.5.9 CASCINA ITALIA IMPROVED FLEXIBILITY AND OPERATIONAL EFFICIENCY OF ITS BUSINESS WITH UR5 ROBOT BY UNIVERSAL ROBOTS
6.5.10 COPENHAGEN UNIVERSITY HOSPITAL USED COLLABORATIVE ROBOTS FOR HANDLING AND SORTING BLOOD SAMPLES FOR ANALYSIS
7 TRENDS, VALUE CHAIN ANALYSIS, AND ECOSYSTEM OF TOP INDUSTRIAL ROBOTICS MARKET (Page No. - 89)
7.1 INTRODUCTION
7.2 VALUE CHAIN ANALYSIS
FIGURE 36 VALUE CHAIN ANALYSIS OF INDUSTRIAL ROBOTS ECOSYSTEM: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE
7.3 ECOSYSTEM/MARKET MAP
FIGURE 37 ROBOTICS ECOSYSTEM
7.3.1 ROBOT OEMS
TABLE 3 OEMS OF INDUSTRIAL ROBOTS
7.3.2 SUPPLIERS
7.3.3 ROBOT INTEGRATORS
7.3.4 DISTRIBUTORS
7.4 TECHNOLOGY TRENDS
7.4.1 INTEGRATION OF VISION SYSTEMS WITH INDUSTRIAL ROBOTS
7.4.2 PENETRATION OF IIOT AND AI IN INDUSTRIAL MANUFACTURING
7.4.3 PENETRATION OF 5G IN INDUSTRIAL MANUFACTURING
7.5 PATENT ANALYSIS
TABLE 4 PATENTS FILED FOR VARIOUS TYPES OF INDUSTRIAL ROBOTS
FIGURE 38 INDUSTRIAL ROBOTICS PATENTS PUBLISHED BETWEEN 2015 AND 2019
7.6 TRADE DATA
7.6.1 VEHICLE PRODUCTION DATA
TABLE 5 GLOBAL VEHICLES PRODUCTION, BY REGION, 2018–2025 (MILLION UNITS)
TABLE 6 GLOBAL VEHICLES PRODUCTION, BY TYPE, 2018–2025 (MILLION UNITS)
8 TOP INDUSTRIAL ROBOTICS MARKET, BY TYPE (Page No. - 98)
8.1 INTRODUCTION
FIGURE 39 MARKET FOR COLLABORATIVE ROBOTS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 7 TOP INDUSTRIAL ROBOTICS MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 8 TOP INDUSTRIAL ROBOTICS MARKET, BY TYPE, 2017–2025 (UNITS)
8.2 ARTICULATED ROBOTS
8.2.1 ARTICULATED ROBOTS HELD LARGEST SIZE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2019
8.2.2 AVERAGE SELLING PRICE OF ARTICULATED ROBOTS
FIGURE 40 REPRESENTATION OF 6-AXIS ARTICULATED ROBOTS
TABLE 9 ARTICULATED ROBOTS: APPLICATIONS, ADVANTAGES, AND DISADVANTAGES
TABLE 10 ARTICULATED ROBOTS MARKET, BY APPLICATION, 2017–2025 (USD BILLION)
TABLE 11 ARTICULATED ROBOTS MARKET, BY APPLICATION, 2017–2025 (UNITS)
FIGURE 41 ARTICULATED ROBOTS MARKET FOR METALS & MACHINERY INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 12 ARTICULATED ROBOTS MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 13 ARTICULATED ROBOTS MARKET, BY INDUSTRY, 2017–2025 (UNITS)
8.3 SCARA ROBOTS
8.3.1 SCARA ROBOTS WOULD WITNESS HIGHEST GROWTH AMONG TRADITIONAL ROBOTS DURING FORECAST PERIOD
8.3.2 AVERAGE SELLING PRICE OF SCARA ROBOTS
FIGURE 42 REPRESENTATION OF 4-AXIS SCARA ROBOTS
TABLE 14 SCARA ROBOTS: APPLICATIONS, ADVANTAGES, AND DISADVANTAGES
TABLE 15 SCARA ROBOTS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
FIGURE 43 SCARA ROBOTS WILL BE SHIPPED PRIMARILY FOR HANDLING APPLICATIONS DURING FORECAST PERIOD
TABLE 16 SCARA ROBOTS MARKET, BY APPLICATION, 2017–2025 (UNITS)
TABLE 17 SCARA ROBOTS MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 18 SCARA ROBOTS MARKET, BY INDUSTRY, 2017–2025 (UNITS)
8.4 PARALLEL ROBOTS
8.4.1 PARALLEL ROBOTS ARE IDEAL FOR MOVING SMALL PAYLOADS AT VERY HIGH SPEEDS
8.4.2 AVERAGE SELLING PRICE OF PARALLEL ROBOTS
FIGURE 44 REPRESENTATION OF PARALLEL ROBOTS
TABLE 19 PARALLEL ROBOTS: APPLICATIONS, ADVANTAGES, AND DISADVANTAGES
TABLE 20 PARALLEL ROBOTS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
TABLE 21 PARALLEL ROBOTS MARKET, BY APPLICATION, 2017–2025 (UNITS)
FIGURE 45 PARALLEL ROBOTS MARKET FOR FOOD & BEVERAGES INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 22 PARALLEL ROBOTS MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 23 PARALLEL ROBOTS MARKET, BY INDUSTRY, 2017–2025 (UNITS)
8.5 CARTESIAN ROBOTS
8.5.1 CARTESIAN ROBOTS HAVE SIMPLE MOVEMENTS AND ARE EASY TO PROGRAM
8.5.2 AVERAGE SELLING PRICE OF CARTESIAN ROBOTS
FIGURE 46 REPRESENTATION OF CARTESIAN ROBOTS
TABLE 24 CARTESIAN ROBOTS: APPLICATIONS, ADVANTAGES, AND DISADVANTAGES
TABLE 25 CARTESIAN ROBOTS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
FIGURE 47 PROCESSING APPLICATION TO WITNESS HIGHEST CAGR IN CARTESIAN ROBOTS MARKET DURING FORECAST PERIOD
TABLE 26 CARTESIAN ROBOTS MARKET, BY APPLICATION, 2017–2025 (UNITS)
TABLE 27 CARTESIAN ROBOTS MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 28 CARTESIAN ROBOTS MARKET, BY INDUSTRY, 2017–2025 (UNITS)
8.6 COLLABORATIVE ROBOTS
8.6.1 COLLABORATIVE ROBOTS HAVE HUGE POTENTIAL IN INDUSTRIES AS THEY CAN OPERATE SAFELY ALONGSIDE HUMANS
8.6.2 AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS
TABLE 29 COLLABORATIVE ROBOTS: APPLICATIONS, ADVANTAGES, AND DISADVANTAGES
TABLE 30 COLLABORATIVE ROBOTS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
FIGURE 48 ASSEMBLING & DISASSEMBLING APPLICATION TO WITNESS HIGHEST CAGR IN COLLABORATIVE ROBOT MARKET DURING FORECAST PERIOD
TABLE 31 COLLABORATIVE ROBOTS MARKET, BY APPLICATION, 2017–2025 (UNITS)
TABLE 32 COLLABORATIVE ROBOTS MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 33 COLLABORATIVE ROBOTS MARKET, BY INDUSTRY, 2017–2025 (UNITS)
8.7 IMPACT OF COVID-19 ON INDUSTRIAL ROBOT TYPES
8.7.1 MORE IMPACTED TYPE
FIGURE 49 IMPACT OF COVID-19 ON ARTICULATED ROBOTS MARKET
8.7.2 LESS IMPACTED TYPE
FIGURE 50 IMPACT OF COVID-19 ON COLLABORATIVE ROBOT MARKET
9 TOP INDUSTRIAL ROBOTICS MARKET, BY APPLICATION (Page No. - 121)
9.1 INTRODUCTION
FIGURE 51 HANDLING APPLICATION TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2020
TABLE 34 TOP INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, 2017–2025 (USD BILLION)
TABLE 35 TOP INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, 2017–2025 (THOUSAND UNITS)
9.2 HANDLING
9.2.1 HANDLING APPLICATION TO DOMINATE TOP INDUSTRIAL ROBOTICS MARKET IN 2020
TABLE 36 COMPANIES OFFERING INDUSTRIAL ROBOTS FOR HANDLING APPLICATION
TABLE 37 TOP INDUSTRIAL ROBOTICS MARKET FOR HANDLING APPLICATION, BY TYPE, 2017–2025 (USD MILLION)
9.3 ASSEMBLING & DISASSEMBLING
9.3.1 ASSEMBLY REQUIRES ROBOTS THAT CAN DELIVER SPEED AND PRECISION
TABLE 38 COMPANIES OFFERING INDUSTRIAL ROBOTS FOR ASSEMBLING APPLICATION
TABLE 39 TOP INDUSTRIAL ROBOTICS MARKET FOR ASSEMBLING & DISASSEMBLING APPLICATION, BY TYPE, 2017–2025 (USD MILLION)
9.4 WELDING & SOLDERING
9.4.1 ROBOTS WITH HOLLOW WRIST DESIGNS ARE USED FOR WELDING
TABLE 40 COMPANIES OFFERING INDUSTRIAL ROBOTS FOR WELDING & SOLDERING APPLICATION
TABLE 41 TOP INDUSTRIAL ROBOTICS MARKET FOR WELDING & SOLDERING APPLICATION, BY TYPE, 2017–2025 (USD MILLION)
9.5 DISPENSING
TABLE 42 COMPANIES OFFERING INDUSTRIAL ROBOTS FOR DISPENSING APPLICATION
9.5.1 GLUING
9.5.1.1 Automotive and electronics industries require highly precise adhesive dispensers
9.5.2 PAINTING
9.5.2.1 Robots used for painting must be explosion- and contamination-proof
9.5.3 FOOD DISPENSING
9.5.3.1 Dispensing robots used in food industry must be certified by agencies such as FDA and EFSA
TABLE 43 TOP INDUSTRIAL ROBOTICS MARKET FOR DISPENSING APPLICATION, BY TYPE, 2017–2025 (USD MILLION)
9.6 PROCESSING
TABLE 44 COMPANIES OFFERING INDUSTRIAL ROBOTS FOR PROCESSING APPLICATION
9.6.1 GRINDING AND POLISHING
9.6.1.1 Automated grinding and polishing improve consistency of finish of workpieces
9.6.2 MILLING
9.6.2.1 Robotic milling is ideal for large workpieces
9.6.3 CUTTING
9.6.3.1 Robotic cutting is employed in various industries
TABLE 45 TOP INDUSTRIAL ROBOTICS MARKET FOR PROCESSING APPLICATION, BY TYPE, 2017–2025 (USD MILLION)
9.7 OTHERS
TABLE 46 COMPANIES OFFERING INDUSTRIAL ROBOTS FOR OTHER APPLICATIONS
9.7.1 INSPECTION AND QUALITY TESTING
9.7.1.1 Automated inspection enhances repeatability of inspection procedures
9.7.2 DIE CASTING AND MOLDING
9.7.2.1 Foundry and forging robots are used in die casting and molding applications
TABLE 47 TOP INDUSTRIAL ROBOTICS MARKET FOR OTHER APPLICATIONS, BY TYPE, 2017–2025 (USD MILLION)
9.8 COVID-19 IMPACT ON MARKET FOR VARIOUS APPLICATIONS
9.8.1 MOST IMPACTED APPLICATION
FIGURE 52 IMPACT OF COVID-19 ON TOP INDUSTRIAL ROBOTICS MARKET FOR HANDLING APPLICATION
9.8.2 LEAST IMPACTED APPLICATION
FIGURE 53 IMPACT OF COVID-19 ON TOP INDUSTRIAL ROBOTICS MARKET FOR DISPENSING APPLICATION
10 TOP INDUSTRIAL ROBOTICS MARKET, BY INDUSTRY (Page No. - 134)
10.1 INTRODUCTION
FIGURE 54 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SIZE OF TOP INDUSTRIAL ROBOTICS MARKET DURING FORECAST PERIOD
TABLE 48 TOP INDUSTRIAL ROBOTICS MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 49 TOP INDUSTRIAL ROBOTICS MARKET, BY INDUSTRY, 2017–2025 (UNITS)
10.2 AUTOMOTIVE
10.2.1 AUTOMOTIVE INDUSTRY ACCOUNTED FOR LARGEST SIZE OF TOP INDUSTRIAL ROBOTICS MARKET IN 2019
FIGURE 55 APAC TO HOLD LARGEST SHARE OF TOP INDUSTRIAL ROBOTICS MARKET FOR AUTOMOTIVE INDUSTRY THROUGHOUT FORECAST PERIOD
TABLE 50 TOP INDUSTRIAL ROBOTICS MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2017–2025 (UNITS)
10.3 ELECTRICAL & ELECTRONICS
10.3.1 SCARA ROBOTS ARE EXTENSIVELY USED IN ELECTRICAL & ELECTRONICS INDUSTRY FOR HANDLING APPLICATIONS
FIGURE 56 INDUSTRIAL ROBOTICS MARKET FOR ELECTRICAL & ELECTRONICS INDUSTRY TO GROW AT HIGHEST CAGR IN APAC DURING FORECAST PERIOD
TABLE 51 TOP INDUSTRIAL ROBOTICS MARKET FOR ELECTRICAL & ELECTRONICS INDUSTRY, BY REGION, 2017–2025 (UNITS)
10.4 METALS & MACHINERY
10.4.1 METALS & MACHINERY INDUSTRY CAN ACHIEVE COST-EFFECTIVE PRODUCTION THROUGH AUTOMATION
FIGURE 57 INDUSTRIAL ROBOTICS MARKET FOR METALS & MACHINERY INDUSTRY TO GROW AT HIGHEST CAGR IN APAC DURING FORECAST PERIOD
TABLE 52 TOP INDUSTRIAL ROBOTICS MARKET FOR METALS & MACHINERY INDUSTRY, BY REGION, 2017–2025 (UNITS)
10.5 PLASTICS, RUBBER, AND CHEMICALS
10.5.1 ROBOTIC MOLDING AND HANDLING IS OFTEN USED IN PLASTICS, RUBBER, AND CHEMICALS INDUSTRIES
FIGURE 58 APAC TO HOLD LARGEST SHARE OF INDUSTRIAL ROBOTICS MARKET FOR PLASTICS, RUBBER, AND CHEMICALS INDUSTRY THROUGHOUT FORECAST PERIOD
TABLE 53 TOP INDUSTRIAL ROBOTICS MARKET FOR PLASTICS, RUBBER, AND CHEMICALS INDUSTRY, BY REGION, 2017–2025 (UNITS)
10.6 FOOD & BEVERAGES
10.6.1 FOOD-GRADE AND IP67-CERTIFIED ROBOTS ARE OFTEN USED IN FOOD & BEVERAGES INDUSTRY
FIGURE 59 APAC TO BE FASTEST-GROWING MARKET FOR INDUSTRIAL ROBOTS FOR FOOD & BEVERAGES INDUSTRY DURING FORECAST PERIOD
TABLE 54 TOP INDUSTRIAL ROBOTICS MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2017–2025 (UNITS)
10.7 PRECISION ENGINEERING & OPTICS
10.7.1 BUFFING AND POLISHING ARE A FEW TASKS PERFORMED USING ROBOTS IN PRECISION ENGINEERING AND OPTICS INDUSTRY
FIGURE 60 INDUSTRIAL ROBOTICS MARKET FOR PRECISION ENGINEERING & OPTICS INDUSTRY TO GROW AT HIGHEST CAGR IN EUROPE DURING FORECAST PERIOD
TABLE 55 TOP INDUSTRIAL ROBOTICS MARKET FOR PRECISION ENGINEERING & OPTICS INDUSTRY, BY REGION, 2017–2025 (UNITS)
10.8 PHARMACEUTICALS & COSMETICS
10.8.1 ROBOTS ARE INCREASINGLY BEING USED IN HOSPITALS AND RESEARCH LABORATORIES FOR HANDLING AND DISPENSING APPLICATIONS
FIGURE 61 APAC TO HOLD LARGEST SHARE OF INDUSTRIAL ROBOTICS MARKET FOR PHARMACEUTICALS & COSMETICS INDUSTRY THROUGHOUT FORECAST PERIOD
TABLE 56 TOP INDUSTRIAL ROBOTICS MARKET FOR PHARMACEUTICALS & COSMETICS INDUSTRY, BY REGION, 2017–2025 (UNITS)
10.9 OTHERS
10.9.1 INDUSTRIAL ROBOTS ARE BEING USED IN SMALL AND EMERGING INDUSTRIES SUCH AS FURNITURE AND SCULPTING
FIGURE 62 APAC TO HOLD LARGEST SHARE OF INDUSTRIAL ROBOTICS MARKET FOR OTHER INDUSTRIES THROUGHOUT FORECAST PERIOD
TABLE 57 TOP INDUSTRIAL ROBOTICS MARKET FOR OTHER INDUSTRIES, BY REGION, 2017–2025 (UNITS)
10.10 IMPACT OF COVID-19 ON INDUSTRIES
10.10.1 MOST IMPACTED INDUSTRY
FIGURE 63 IMPACT OF COVID-19 ON INDUSTRIAL ROBOTICS MARKET FOR AUTOMOTIVE INDUSTRY
10.10.2 LEAST IMPACTED INDUSTRY
FIGURE 64 IMPACT OF COVID-19 ON INDUSTRIAL ROBOTICS MARKET FOR PHARMACEUTICALS & COSMETICS INDUSTRY
11 GEOGRAPHIC ANALYSIS OF TOP INDUSTRIAL ROBOTICS MARKET (Page No. - 151)
11.1 INTRODUCTION
FIGURE 65 TOP INDUSTRIAL ROBOTICS MARKET TO GROW AT HIGHEST CAGR IN INDIA DURING FORECAST PERIOD
TABLE 58 TOP INDUSTRIAL ROBOTICS MARKET, BY REGION, 2017–2025 (USD BILLION)
TABLE 59 TOP INDUSTRIAL ROBOTICS MARKET, BY REGION, 2017–2025 (UNITS)
11.2 NORTH AMERICA
FIGURE 66 NORTH AMERICA: SNAPSHOT OF TOP INDUSTRIAL ROBOTICS MARKET
TABLE 60 TOP INDUSTRIAL ROBOTICS MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 61 TOP INDUSTRIAL ROBOTICS MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (UNITS)
11.2.1 US
11.2.1.1 Automotive industry contributed a significant share to top industrial robotics market
11.2.2 CANADA
11.2.2.1 Canada has witnessed steady upswing in foreign investments in robotics sector
11.2.3 MEXICO
11.2.3.1 Proximity to US and government’s measures to augment manufacturing activities have fueled growth of industrial robotics market in Mexico
11.3 EUROPE
FIGURE 67 EUROPE: SNAPSHOT OF TOP INDUSTRIAL ROBOTICS MARKET
TABLE 62 TOP INDUSTRIAL ROBOTICS MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 63 TOP INDUSTRIAL ROBOTICS MARKET IN EUROPE, BY COUNTRY, 2017–2025 (UNITS)
11.3.1 GERMANY
11.3.1.1 High productivity rate and steady wage level make Germany an attractive investment location
11.3.2 ITALY
11.3.2.1 Presence of small and medium-sized players makes Italy an attractive market for industrial robots
11.3.3 SPAIN
11.3.3.1 Pharmaceuticals and automobiles sectors are expected to create huge demand for robots in Spain
11.3.4 FRANCE
11.3.4.1 Government funding is expected to boost automation and presence of robots in France
11.3.5 UK
11.3.5.1 Strong manufacturing industry is expected to increase demand for industrial robots in UK
11.3.6 REST OF EUROPE
11.3.6.1 High labor costs are expected to propel industrial robotics market
11.4 APAC
FIGURE 68 APAC: SNAPSHOT OF TOP INDUSTRIAL ROBOTICS MARKET
TABLE 64 TOP INDUSTRIAL ROBOTICS MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 65 TOP INDUSTRIAL ROBOTICS MARKET IN APAC, BY COUNTRY, 2017–2025 (UNITS)
11.4.1 CHINA
11.4.1.1 China is moving from labor-intensive simple industries toward manufacturing high-tech goods
11.4.2 SOUTH KOREA
11.4.2.1 South Korea’s electronics industry ranked third in terms of production globally in 2018
11.4.3 JAPAN
11.4.3.1 Japan’s aging population makes labor costly and increases demand for industrial robots
11.4.4 TAIWAN
11.4.4.1 Taiwan is home to TSMC, world’s largest independent semiconductor foundry
11.4.5 THAILAND
11.4.5.1 Declining prices of robots are lowering cost barriers for SMEs
11.4.6 INDIA
11.4.6.1 India is attracting various global companies, which would eventually build demand for industrial robots
11.4.7 REST OF APAC
11.4.7.1 Singapore is attracting several companies, which would boost industrial robotics market
11.5 ROW
FIGURE 69 MIDDLE EAST & AFRICA TO HOLD LARGER SHARE DURING FORECAST PERIOD
TABLE 66 TOP INDUSTRIAL ROBOTICS MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 67 TOP INDUSTRIAL ROBOTICS MARKET IN ROW, BY REGION, 2017–2025 (UNITS)
11.5.1 MIDDLE EAST & AFRICA
11.5.1.1 Chemicals industry is one of the main industries in Middle East adopting robots
11.5.2 SOUTH AMERICA
11.5.2.1 Brazil and Argentina are increasing use of robotics in electronics and food & beverages industries
11.6 COVID-19 IMPACT ON INDUSTRIAL ROBOTICS MARKET IN VARIOUS REGIONS
11.6.1 MOST IMPACTED REGION
FIGURE 70 IMPACT OF COVID-19 ON INDUSTRIAL ROBOTICS MARKET IN NORTH AMERICA
11.6.2 LEAST IMPACTED REGION
FIGURE 71 IMPACT OF COVID-19 ON INDUSTRIAL ROBOTICS MARKET IN APAC
12 COMPETITIVE LANDSCAPE OF TOP INDUSTRIAL ROBOTICS MARKET (Page No. - 168)
12.1 OVERVIEW
FIGURE 72 PLAYERS IN INDUSTRIAL ROBOTICS MARKET ADOPTED ORGANIC GROWTH AS THEIR KEY STRATEGY FOR BUSINESS EXPANSION FROM 2017 TO 2019
12.2 MARKET SHARE ANALYSIS: TOP INDUSTRIAL ROBOTICS MARKET, 2019
12.2.1 TRADITIONAL INDUSTRIAL ROBOTICS MARKET SHARE ANALYSIS, 2019
FIGURE 73 TRADITIONAL INDUSTRIAL ROBOTICS MARKET SHARE ANALYSIS, 2019
12.2.2 COLLABORATIVE ROBOT MARKET SHARE ANALYSIS, 2019
FIGURE 74 COLLABORATIVE ROBOT MARKET SHARE ANALYSIS, 2019
12.3 5-YEAR COMPANY REVENUE ANALYSIS
FIGURE 75 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN TOP INDUSTRIAL ROBOTICS MARKET
12.4 COMPETITIVE LEADERSHIP MAPPING
12.4.1 STAR
12.4.2 EMERGING LEADER
12.4.3 PERVASIVE
12.4.4 PARTICIPANT
FIGURE 76 INDUSTRIAL ROBOTICS MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
12.5 STRENGTH OF PRODUCT PORTFOLIO (25 PLAYERS)
FIGURE 77 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN TOP ROBOTICS MARKET
12.6 BUSINESS STRATEGY EXCELLENCE (25 PLAYERS)
FIGURE 78 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN TOP ROBOTICS MARKET
12.7 STARTUP/SME EVALUATION MATRIX
TABLE 68 STARTUPS/SMES IN INDUSTRIAL ROBOTICS MARKET
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
FIGURE 79 TOP INDUSTRIAL ROBOTICS MARKET (GLOBAL), STARTUP/SME EVALUATION MATRIX, 2019
12.8 COMPETITIVE SITUATIONS AND TRENDS
FIGURE 80 PRODUCT LAUNCHES ACCOUNTED FOR MAJORITY SHARE OF TOTAL DEVELOPMENTS IN INDUSTRIAL ROBOTICS MARKET FROM 2017 TO 2019
12.8.1 PRODUCT LAUNCHES
TABLE 69 TOP INDUSTRIAL ROBOTICS MARKET, PRODUCT LAUNCHES, 2017–2019
12.8.2 PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES
TABLE 70 TOP INDUSTRIAL ROBOTICS MARKET, PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES, 2017–2019
12.8.3 EXPANSIONS
TABLE 71 TOP INDUSTRIAL ROBOTICS MARKET, EXPANSIONS, 2017–2019
12.8.4 ACQUISITIONS
TABLE 72 TOP INDUSTRIAL ROBOTICS MARKET, ACQUISITIONS, 2017-2019
12.8.5 CONTRACTS AND AGREEMENTS
TABLE 73 TOP INDUSTRIAL ROBOTICS MARKET, CONTRACTS AND AGREEMENTS, 2017–2019
13 MARKET OVERVIEW OF TOP SERVICE ROBOTICS MARKET (Page No. - 181)
13.1 INTRODUCTION
13.2 MARKET EVOLUTION
FIGURE 81 EVOLUTION OF SERVICE ROBOTS
13.3 MARKET DYNAMICS
FIGURE 82 IMPACT OF DRIVERS AND OPPORTUNITIES ON TOP SERVICE ROBOTICS MARKET
FIGURE 83 IMPACT OF RESTRAINTS AND CHALLENGES ON TOP SERVICE ROBOTICS MARKET
13.3.1 DRIVERS
13.3.1.1 High ROI using robotic systems
13.3.1.2 Rising use of IoT in robots for cost-effective predictive maintenance
FIGURE 84 INTERNET OF ROBOTIC THINGS MARKET, 2016–2022
13.3.1.3 Increasing funding for research on robots
13.3.1.4 Rising insurance coverage for medical exoskeletons and robotic surgeries
FIGURE 85 CAGR OF POWERED EXOSKELETONS MARKET DURING 2020–2025
13.3.2 RESTRAINTS
13.3.2.1 Concerns over data privacy and regulations
13.3.2.2 Decreased consumer spending affecting robot manufacturers as a result of COVID-19
13.3.3 OPPORTUNITIES
13.3.3.1 Increase in application of robots for companionship, handicap assistance, and assistance for geriatric population
FIGURE 86 PROJECTION OF POPULATION ABOVE 65 YEARS OF AGE
13.3.3.2 Focus on improving endurance and range of operation capability of robots
13.3.3.3 Adoption of swarm intelligence technology enabling robots to perform various complex tasks with ease
FIGURE 87 SWARM INTELLIGENCE MARKET, 2020 & 2030
13.3.3.4 Accelerating spread of COVID-19 prompting several industries to adopt automation technologies
13.3.4 CHALLENGES
13.3.4.1 Inaccurate results impeding use in critical operations
13.4 TARIFFS AND REGULATIONS
13.4.1 NEGATIVE IMPACT OF TARIFFS ON SERVICE ROBOTS
13.4.2 POSITIVE IMPACT OF TARIFFS ON SERVICE ROBOTS
13.5 REGULATIONS
13.5.1 NORTH AMERICA
13.5.2 EUROPE
13.5.3 APAC
13.6 CASE STUDIES
13.6.1 DFDS IS COMBINING DRONES AND AI TO STREAMLINE TERMINAL OPERATIONS
13.6.2 JIUZHOU AERIAL SPRAYING TEAM USES DRONES FROM DJI FOR AGRICULTURAL SPRAYING
13.6.3 KUKA IMPLEMENTED AN AUTONOMOUS TRANSPORTATION SOLUTION IN ITS PRODUCTION LINE
13.6.4 SOFTBANK ROBOTICS DEPLOYED ITS COMMERCIAL ROBOTIC VACUUM IN CINCINNATI/NORTHERN KENTUCKY INTERNATIONAL AIRPORT (CVG)
13.6.5 TWELVE BELROBOTICS ROBOT MOWERS ARE IN USE OVER FIVE SPORTS COMPLEXES IN ZEVENAAR COMMUNITY
13.6.6 COMESTAR HOLSTEIN INVESTS IN ROBOTIC MILKING FROM DELAVAL (SWEDEN)
13.6.7 CANCER TREATMENT CENTERS OF AMERICA (CTCA) USES SURGICAL ROBOTS FROM INTUITIVE SURGICAL
13.6.8 GENERAL ELECTRIC SIGNED AN AGREEMENT TO DEPLOY ADVANCED ROBOTS FOR INSPECTION OF ALINTA ENERGY’S GAS-FIRED POWER PLANTS
13.6.9 FORD MAKES EKSOVEST EXOSKELETONS AVAILABLE TO EMPLOYEES WORLDWIDE AFTER SUCCESSFUL US TRIALS
13.6.10 OCEAN INFINITY ORDERED 5 HUGIN AUTONOMOUS UNDERWATER VEHICLES FROM KONGSBERG MARITIME
14 TRENDS, VALUE CHAIN ANALYSIS, AND ECOSYSTEM OF TOP SERVICE ROBOTICS MARKET (Page No. - 195)
14.1 INTRODUCTION
14.2 VALUE CHAIN ANALYSIS
FIGURE 88 VALUE CHAIN ANALYSIS OF TOP SERVICE ROBOTICS ECOSYSTEM: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE
14.3 ECOSYSTEM/MARKET MAP
14.3.1 ROBOT OEMS
TABLE 74 ROBOT OEMS OF VARIOUS TYPES OF SERVICE ROBOTS
14.3.2 SUPPLIERS
14.3.3 IT/BIG DATA COMPANIES
14.3.4 SOFTWARE SOLUTIONS PROVIDERS
14.3.5 RESEARCH CENTERS
14.4 TECHNOLOGY TRENDS
14.4.1 GROWTH OF TELEPRESENCE AND HUMANOID ROBOTS
14.4.2 INTEGRATION OF AI WITH ROBOTS
14.4.3 RESEARCH ON STANDARD OS FOR ROBOTS
14.4.4 GROWTH OF ROBOT AS A SERVICE BUSINESS MODEL
14.5 PATENT ANALYSIS
TABLE 75 PATENTS FILED FOR VARIOUS TYPES OF SERVICE ROBOTS
FIGURE 89 SERVICE ROBOTICS PATENS PUBLISHED BETWEEN 2015 AND 2019
15 TOP SERVICE ROBOTICS MARKET, BY TYPE (Page No. - 202)
15.1 INTRODUCTION
FIGURE 90 TOP SERVICE ROBOTICS MARKET FOR PERSONAL & DOMESTIC ROBOTS IS EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 76 TOP SERVICE ROBOTICS MARKET, BY TYPE, 2017–2025 (USD BILLION)
15.2 PROFESSIONAL
15.2.1 PROFESSIONAL ROBOTS HELD A LARGER MARKET SHARE THAN PERSONAL AND DOMESTIC ROBOTS IN 2019
TABLE 77 PROFESSIONAL ROBOTS MARKET, BY ENVIRONMENT, 2017–2025 (USD BILLION)
TABLE 78 PROFESSIONAL GROUND ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 79 PROFESSIONAL GROUND ROBOTS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
15.3 PERSONAL & DOMESTIC
15.3.1 PERSONAL & DOMESTIC ROBOTS ARE USED FOR CLEANING, ENTERTAINMENT, ASSISTANCE, AND COMPANIONSHIP
TABLE 80 PERSONAL & DOMESTIC ROBOTS MARKET, BY ENVIRONMENT, 2017–2025 (USD MILLION)
FIGURE 91 MARKET FOR HUMANOID ROBOTS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 81 PERSONAL & DOMESTIC GROUND ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 82 PERSONAL & DOMESTIC GROUND ROBOTS MARKET, BY APPLICATION, 2017–2025 (USD BILLION)
TABLE 83 PERSONAL & DOMESTIC GROUND ROBOTS MARKET, BY DOMESTIC APPLICATION, 2017–2025 (USD MILLION)
TABLE 84 PERSONAL & DOMESTIC GROUND ROBOTS MARKET, BY ENTERTAINMENT, EDUCATION, AND PERSONAL APPLICATION, 2017–2025 (USD MILLION)
15.4 IMPACT OF COVID-19 ON SERVICE ROBOT TYPES
15.4.1 MORE IMPACTED TYPE
FIGURE 92 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET FOR PERSONAL AND DOMESTIC ROBOTS
15.4.2 LESS IMPACTED TYPE
FIGURE 93 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET FOR PROFESSIONAL ROBOTS
16 TOP SERVICE ROBOTICS MARKET, BY ENVIRONMENT (Page No. - 211)
16.1 INTRODUCTION
FIGURE 94 MARKET FOR GROUND ROBOTS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 85 TOP SERVICE ROBOTICS MARKET, BY ENVIRONMENT, 2017–2025 (USD BILLION)
16.2 AERIAL
TABLE 86 PRODUCT OFFERINGS OF VARIOUS DRONE MANUFACTURERS
TABLE 87 AERIAL ROBOTS MARKET, BY TYPE, 2017–2025 (USD BILLION)
16.2.1 COMMERCIAL DRONES
16.2.1.1 Commercial drones dominate service robotics market for aerial environment
16.2.2 CONSUMER DRONES
16.2.2.1 Consumer drones are mainly adopted by individuals for personal and hobby purposes
16.2.3 AVERAGE SELLING PRICES OF DRONES
16.3 GROUND
TABLE 88 GROUND ROBOTS MARKET, BY TYPE, 2017–2025 (USD MILLION)
FIGURE 95 MARKET FOR POWERED EXOSKELETONS EXPECTED TO GROW AT HIGHEST CAGR AMONG ALL GROUND ROBOTS DURING FORECAST PERIOD
TABLE 89 GROUND ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (USD MILLION)
16.3.1 AUTOMATED GUIDED VEHICLES (AGVS)
TABLE 90 PRODUCT OFFERINGS OF VARIOUS AGV MANUFACTURERS
TABLE 91 AGVS MARKET, BY VEHICLE TYPE, 2017–2025 (USD MILLION)
16.3.1.1 Tow vehicles
16.3.1.1.1 Tow vehicles can move more load with multiple trailers than a single fork truck
16.3.1.2 Unit load carriers
16.3.1.2.1 Unit load carriers are used to move unit loads such as standard pallets, drums, carts, racks, rolls, and custom containers
16.3.1.3 Pallet trucks
16.3.1.3.1 Pallet trucks have a capacity of up to 6,000 lbs. and can handle more than one pallet
16.3.1.4 Forklift trucks
16.3.1.4.1 Forklift trucks offer easy tracking of goods, just-in-time picking, less damage, and fewer operator hours
16.3.1.5 Assembly line vehicles
16.3.1.5.1 Implementation of assembly line AGVs at production plants results in up to 50% increase in efficiency
16.3.1.6 Other
16.3.2 CLEANING ROBOTS
FIGURE 96 MARKET FOR LAWN MOWERS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 92 CLEANING ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (USD MILLION)
16.3.2.1 Vacuuming robots
16.3.2.1.1 Vacuuming robots offer features such as adjustable suction power, scheduling mechanism, voice recognition, and smart navigation system
TABLE 93 PRODUCT OFFERINGS OF VARIOUS VACUUMING ROBOT MANUFACTURERS
16.3.2.2 Lawn mowers
16.3.2.2.1 Manufacturers are integrating robotic lawn mowers with voice command, AI, and onboard GPS systems to make them more user-friendly
TABLE 94 PRODUCT OFFERINGS OF VARIOUS ROBOTIC LAWN MOWER MANUFACTURERS
16.3.2.3 Pool cleaning robots
16.3.2.3.1 Pool cleaning robots reduce operation costs as they are not required to be connected to a pump
TABLE 95 PRODUCT OFFERINGS OF VARIOUS POOL CLEANING ROBOT MANUFACTURERS
16.3.2.4 Window and gutter cleaning robots
16.3.2.4.1 Window cleaning robots are expected to generate more demand in developed countries with high-rise buildings
TABLE 96 PRODUCT OFFERINGS OF VARIOUS WINDOW AND GUTTER CLEANING ROBOT MANUFACTURERS
16.3.3 AGRICULTURAL ROBOTS
TABLE 97 PRODUCT OFFERINGS OF VARIOUS AGRICULTURAL ROBOT MANUFACTURERS
TABLE 98 AGRICULTURAL ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (USD MILLION)
FIGURE 97 MARKET FOR AUTONOMOUS HARVESTING SYSTEMS EXPECTED TO GROW AT HIGHER CAGR THAN MILKING ROBOTS DURING FORECAST PERIOD
TABLE 99 AGRICULTURAL ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (UNITS)
16.3.3.1 Milking robots
16.3.3.1.1 Milking robots are also known as voluntary milking systems
16.3.3.2 Automated harvesting systems
16.3.3.2.1 Automated harvesting systems use a combination of cameras, sensors, and machine vision to harvest
16.3.4 SURGICAL ROBOTS
TABLE 100 PRODUCT OFFERINGS OF VARIOUS SURGICAL ROBOT MANUFACTURERS
16.3.4.1 Laparoscopy robotic systems
16.3.4.1.1 Robotic laparoscopy devices offer better stability than the human hand, reduced number of incisions, and better visual magnification
16.3.4.2 Orthopedic robotic systems
16.3.4.2.1 Orthopedic surgeries are expected to increase due to rise in obesity and aging demographic
16.3.4.3 Neurosurgical robotic systems
16.3.4.3.1 Robotic neurosurgery is witnessing slow development as it is more complicated than other robotic surgeries
16.3.5 ENTERTAINMENT & LEISURE ROBOTS
TABLE 101 PRODUCT OFFERINGS OF VARIOUS ENTERTAINMENT & LEISURE ROBOT MANUFACTURERS
FIGURE 98 MARKET FOR HOBBY SYSTEMS EXPECTED TO GROW AT HIGHER CAGR THAN TOY ROBOTS DURING FORECAST PERIOD
TABLE 102 ENTERTAINMENT & LEISURE ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 103 ENTERTAINMENT & LEISURE ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (THOUSAND UNITS)
16.3.5.1 Toy robots
16.3.5.1.1 Humanoids, pets, retro robots, and remote-controlled robots are a few types of toy robots
16.3.5.2 Hobby systems
16.3.5.2.1 Hobby systems are more associated with leisure or sports
16.3.6 INSPECTION ROBOTS
16.3.6.1 Inspection robots are generally used in conditions that are hazardous for humans
TABLE 104 PRODUCT OFFERINGS OF VARIOUS INSPECTION ROBOT MANUFACTURERS
16.3.7 HUMANOID ROBOTS
16.3.7.1 Humanoids are being used mainly for public relation application worldwide
TABLE 105 PRODUCT OFFERINGS OF VARIOUS HUMANOID ROBOT MANUFACTURERS
TABLE 106 HUMANOID ROBOTS MARKET, BY TYPE, 2017–2025 (USD MILLION)
16.3.8 POWERED EXOSKELETONS
16.3.8.1 Powered exoskeletons find applications in industrial, medical, military, and construction verticals
TABLE 107 PRODUCT OFFERINGS OF VARIOUS POWERED EXOSKELETON MANUFACTURERS
16.3.9 TELEPRESENCE ROBOTS
16.3.9.1 Telepresence robots are used in healthcare, corporate, and personal applications
TABLE 108 PRODUCT OFFERINGS OF VARIOUS TELEPRESENCE ROBOT MANUFACTURERS
FIGURE 99 MARKET FOR PERSONAL & DOMESTIC TELEPRESENCE ROBOTS IS EXPECTED TO GROW AT A HIGHER CAGR THAN PROFESSIONAL ROBOTS DURING FORECAST PERIOD
TABLE 109 TELEPRESENCE ROBOTS MARKET, BY TYPE, 2017–2025 (USD MILLION)
16.3.10 OTHERS
16.4 MARINE
TABLE 110 MARINE ROBOTS MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 111 MARINE ROBOTS MARKET, BY ROBOT TYPE, 2017–2025 (USD MILLION)
16.4.1 UNMANNED SURFACE VEHICLES (USVS)
16.4.1.1 USVs are used for applications such as defense, oceanography, surveillance, and search and rescue operations
TABLE 112 PRODUCT OFFERINGS OF VARIOUS USV MANUFACTURERS
TABLE 113 USVS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
16.4.2 AUTONOMOUS UNDERWATER VEHICLES (AUVS)
16.4.2.1 AUVs are programmed to collect data such as oceanographic and geologic information
TABLE 114 PRODUCT OFFERINGS OF VARIOUS AUV MANUFACTURERS
TABLE 115 AUVS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
16.4.3 REMOTELY OPERATED VEHICLES (ROVS)
16.4.3.1 ROVs have an endurance of about 8 hours
TABLE 116 PRODUCT OFFERINGS OF VARIOUS ROV MANUFACTURERS
FIGURE 100 ROVS MARKET FOR COMMERCIAL APPLICATION EXPECTED TO GROW AT A HIGHER CAGR THAN DEFENSE, RESCUE, AND SECURITY DURING FORECAST PERIOD
TABLE 117 ROVS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
16.5 COVID-19 IMPACT ON SERVICE ROBOTICS MARKET FOR VARIOUS ENVIRONMENTS
16.5.1 ENVIRONMENT IN WHICH SERVICE ROBOTS MIGHT BE HIGHLY IMPACTED
FIGURE 101 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET FOR GROUND ROBOTS
16.5.2 ENVIRONMENT IN WHICH SERVICE ROBOTS MIGHT BE LEAST IMPACTED
FIGURE 102 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET FOR AERIAL ENVIRONMENT
17 TOP SERVICE ROBOTICS MARKET, BY APPLICATION (Page No. - 243)
17.1 INTRODUCTION
FIGURE 103 TOP SERVICE ROBOTICS MARKET FOR DOMESTIC APPLICATION IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 118 TOP SERVICE ROBOTICS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
17.2 DOMESTIC
TABLE 119 TOP SERVICE ROBOTICS MARKET FOR DOMESTIC APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 120 TOP SERVICE ROBOTICS MARKET, BY DOMESTIC APPLICATION TYPE, 2017–2025 (USD MILLION)
17.2.1 FLOOR CLEANING
17.2.1.1 Newer models of floor cleaning robots are equipped with Wi-Fi connectivity, HEPA filter, real-time floor mapping, and automated recharging and waste disposal
17.2.2 LAWN MOWING
17.2.2.1 Newer models of lawn mowing robots are equipped with rain sensors, self-docking capability, and proximity sensors
17.2.3 POOL CLEANING
17.2.3.1 Pool cleaning robots use laser sensors to detect walls and obstacles
17.2.4 OTHERS
17.3 MEDICAL
FIGURE 104 MARKET FOR POWERED EXOSKELETONS IN MEDICAL APPLICATIONS IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 121 TOP SERVICE ROBOTICS MARKET FOR MEDICAL APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 122 TOP SERVICE ROBOTICS MARKET, BY MEDICAL APPLICATION TYPE, 2017–2025 (USD MILLION)
17.3.1 SURGERY ASSISTANCE
17.3.1.1 Surgical robots are penetrating the market at a high rate as they offer minimally invasive surgery
17.3.2 HANDICAP ASSISTANCE
17.3.2.1 Inclusion in various insurance policies is a key factor driving demand for handicap assistive robots
17.3.3 UV DISINFECTION
17.3.3.1 UV disinfection robots are a niche category of robots
17.3.4 OTHERS
17.4 FIELD
TABLE 123 TOP SERVICE ROBOTICS MARKET FOR FIELD APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 124 TOP SERVICE ROBOTICS MARKET, BY FIELD APPLICATION TYPE, 2017–2025 (USD MILLION)
17.4.1 HARVEST MANAGEMENT
17.4.1.1 Due to shortage of labor, high production costs, and environmental factors, the need for harvest management robots is increasing
17.4.2 FIELD FARMING
17.4.2.1 Crop monitoring
17.4.2.1.1 Crop monitoring is generally performed aerially by agricultural drones
17.4.2.2 Plant scouting
17.4.2.2.1 Plant scouting robots are generally used for indoor farming applications in greenhouses or vertical farms
17.4.2.3 Crop scouting
17.4.2.3.1 Crop scouting robots measure traits and readings of individual plants in plantations using a combination of cameras and sensors
17.4.3 DAIRY & LIVESTOCK MANAGEMENT
17.4.3.1 Drones and milking robots are dominant robots for dairy and livestock management applications
17.4.4 OTHERS
17.5 DEFENSE, RESCUE, AND SECURITY
FIGURE 105 MARKET FOR POWERED EXOSKELETONS IN DEFENSE, RESCUE, AND SECURITY APPLICATION IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 125 TOP SERVICE ROBOTICS MARKET FOR DEFENSE, RESCUE, AND SECURITY APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
17.5.1 DEMINING
17.5.1.1 Demining robots can work efficiently and flexibly, and improve personnel safety
17.5.2 FIRE AND BOMB FIGHTING
17.5.2.1 Firefighting robots are more precise due to their capability to handle fire from a closer distance
17.5.3 BORDER SECURITY & SURVEILLANCE
17.5.3.1 Border security and surveillance robots are used to curb illegal immigration and imports, implanting of explosive devices, and terrorist activities
17.5.4 OTHERS
17.6 ENTERTAINMENT, EDUCATION, AND PERSONAL
TABLE 126 TOP SERVICE ROBOTICS MARKET FOR ENTERTAINMENT, EDUCATION, AND PERSONAL APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 127 TOP SERVICE ROBOTICS MARKET, BY ENTERTAINMENT, EDUCATION, AND PERSONAL APPLICATION TYPE, 2017–2025 (USD MILLION)
17.6.1 ENTERTAINMENT
17.6.1.1 Entertainment robots can be used at residences for kids, guests, and elderly people
17.6.2 EDUCATION
17.6.2.1 Robotics enhance educational pursuits and help achieve individual learner requirements
17.6.3 COMPANIONSHIP AND ELDERLY ASSISTANCE
17.6.3.1 Increasing geriatric population worldwide is driving assistance robots market
17.7 PUBLIC RELATIONS
17.7.1 PUBLIC RELATION ROBOTS ARE BEING USED FOR ROOM SERVICES IN HOTELS AND RESTAURANTS, SECURITY AND LAW ENFORCEMENT, AND PROVIDING GUIDANCE TO CUSTOMERS IN RETAIL STORES
FIGURE 106 HUMANOID ROBOTS MARKET FOR PUBLIC RELATION APPLICATION IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 128 TOP SERVICE ROBOTICS MARKET FOR PUBLIC RELATION APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
17.8 INSPECTION & MAINTENANCE
TABLE 129 TOP SERVICE ROBOTICS MARKET FOR INSPECTION & MAINTENANCE APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
17.8.1 PIPE/PIPELINE INSPECTION
17.8.1.1 Pipeline inspection robots are used for measuring thickness and diameter of pipes and for welding pipes during maintenance
17.8.2 POWER PLANT INSPECTION
17.8.2.1 Robots are used for detection and reduction of power leakage from turbines, generators, pressure lines, and boilers
17.8.3 INSPECTION OF ENERGIZED TRANSMISSION LINES
17.8.3.1 Robots can safely inspect and repair transmission lines remotely
17.8.4 OTHERS
17.9 LOGISTICS
TABLE 130 TOP SERVICE ROBOTICS MARKET FOR LOGISTICS APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
TABLE 131 TOP SERVICE ROBOTICS MARKET, BY LOGISTICS APPLICATION TYPE, 2017–2025 (USD MILLION)
17.9.1 WAREHOUSE AUTOMATION
17.9.1.1 AGVs are used in warehouses for just-in-time delivery of raw materials, computerized control of received assembled parts, and tracking of shipped articles
17.9.2 LAST-MILE DELIVERY
17.9.2.1 Adoption of robots for last-mile delivery to be mainly driven by less time and costs taken than manual delivery
17.10 CONSTRUCTION & DEMOLITION
17.10.1 CONSTRUCTION AND DEMOLITION ROBOTS REDUCE LABOR COST AND INCREASE RETURNS ON INVESTMENT
FIGURE 107 MARKET FOR POWERED EXOSKELETONS IN CONSTRUCTION & DEMOLITION APPLICATIONS IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 132 TOP SERVICE ROBOTICS MARKET FOR CONSTRUCTION & DEMOLITION APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
17.11 MARINE
17.11.1 OCEANOGRAPHY
17.11.1.1 AUVs provide data on time and spatial scales that were previously inaccessible to researchers
17.11.2 ENVIRONMENTAL PROTECTION AND MONITORING
17.11.2.1 Robots are used for wastewater purification and studying remote volcanoes
17.11.3 ARCHAEOLOGICAL EXPLORATION
17.11.3.1 Robots are required in archaeological exploration when sites are dangerous for humans
17.11.4 OTHERS
17.12 RESEARCH & SPACE EXPLORATION
17.12.1 SPACE EXPLORATION ROBOTS TO WITNESS GROWING ADOPTION IN COMING YEARS
TABLE 133 TOP SERVICE ROBOTICS MARKET FOR RESEARCH & SPACE EXPLORATION APPLICATION, BY ROBOT TYPE, 2017–2025 (USD MILLION)
17.13 COVID-19 IMPACT ON SERVICE ROBOTICS MARKET FOR VARIOUS APPLICATIONS
17.13.1 MOST IMPACTED APPLICATION
FIGURE 108 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET FOR MEDICAL APPLICATION
17.13.2 LEAST IMPACTED APPLICATION
FIGURE 109 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET FOR DEFENSE, RESCUE, AND SECURITY APPLICATION
18 GEOGRAPHIC ANALYSIS OF TOP SERVICE ROBOTICS MARKET (Page No. - 270)
18.1 INTRODUCTION
FIGURE 110 TOP SERVICE ROBOTICS MARKET IN APAC COUNTRIES TO GROW AT SIGNIFICANT RATE DURING FORECAST PERIOD
FIGURE 111 NORTH AMERICA TO HOLD LARGEST SHARE OF TOP SERVICE ROBOTICS MARKET IN 2020
TABLE 134 TOP SERVICE ROBOTICS MARKET, BY REGION, 2017–2025 (USD MILLION)
18.2 NORTH AMERICA
FIGURE 112 SNAPSHOT OF TOP SERVICE ROBOTICS MARKET IN NORTH AMERICA
TABLE 135 TOP SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 136 TOP SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY ENVIRONMENT, 2017–2025 (USD MILLION)
18.2.1 US
18.2.1.1 Demand for service robots for education to witness high growth
18.2.2 CANADA
18.2.2.1 Market in Canada is driven by aging population, growing demand for elderly care robots, increasing venture capital investments, and integration of mobile technologies in robots
18.2.3 MEXICO
18.2.3.1 Demand for service robots for delivery in e-commerce industry is expected to rise in Mexico
18.3 EUROPE
FIGURE 113 SNAPSHOT OF TOP SERVICE ROBOTICS MARKET IN EUROPE
TABLE 137 TOP SERVICE ROBOTICS MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 138 TOP SERVICE ROBOTICS MARKET IN EUROPE, BY ENVIRONMENT, 2017–2025 (USD MILLION)
18.3.1 GERMANY
18.3.1.1 Robots are being used in Germany for fighting COVID-19, disinfecting hospitals, and entertaining people under quarantine
18.3.2 FRANCE
18.3.2.1 Huge growth opportunity for service robots in France owing to high wages
18.3.3 UK
18.3.3.1 Aging population and universities offer opportunities for surgical and educational robots
18.3.4 REST OF EUROPE
18.3.4.1 European Commission has launched AI-ROBOTICS vs. COVID-19 initiative for gathering ideas about deployable artificial intelligence (AI) and robotics solutions
18.4 APAC
FIGURE 114 SNAPSHOT OF TOP SERVICE ROBOTICS MARKET IN APAC
TABLE 139 TOP SERVICE ROBOTICS MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 140 TOP SERVICE ROBOTICS MARKET IN APAC, BY ENVIRONMENT, 2017–2025 (USD MILLION)
18.4.1 CHINA
18.4.1.1 Demand for delivery robots is expected to grow at a high rate in China
18.4.2 SOUTH KOREA
18.4.2.1 Demand for assistive service robots is expected to increase in South Korea
18.4.3 JAPAN
18.4.3.1 Japan has a strong hold in service robots in terms of safety technologies and speech recognition
18.4.4 INDIA
18.4.4.1 Indian Space Research Organisation (ISRO) has developed India’s first humanoid, Vyommitra, for space
18.4.5 REST OF APAC
18.4.5.1 Developing countries such as Singapore and Thailand have high GDP growth and are expected to generate significant demand for service robots in near future
18.5 ROW
FIGURE 115 MIDDLE EAST & AFRICA TO DOMINATE MARKET IN ROW THROUGHOUT FORECAST PERIOD
TABLE 141 TOP SERVICE ROBOTICS MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 142 TOP SERVICE ROBOTICS MARKET IN ROW, BY ENVIRONMENT, 2017–2025 (USD MILLION)
18.5.1 MIDDLE EAST & AFRICA
18.5.1.1 Abundance of labor can restrain the demand for service robots in Middle East
18.5.2 SOUTH AMERICA
18.5.2.1 Investments in public and specialized education are expected to improve standards of living and increase demand for service robots
18.6 COVID-19 IMPACT ON SERVICE ROBOTICS MARKET IN VARIOUS REGIONS
18.6.1 REGION IN WHICH SERVICE ROBOTICS MARKET MIGHT BE HIGHLY IMPACTED
FIGURE 116 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET IN EUROPE
18.6.2 REGION IN WHICH SERVICE ROBOTS MIGHT BE LEAST IMPACTED
FIGURE 117 IMPACT OF COVID-19 ON SERVICE ROBOTICS MARKET IN ROW
19 COMPETITIVE LANDSCAPE OF TOP SERVICE ROBOTICS MARKET (Page No. - 288)
19.1 OVERVIEW
FIGURE 118 PLAYERS IN SERVICE ROBOTICS MARKET ADOPTED PRODUCT LAUNCHES AS THEIR KEY STRATEGY FOR BUSINESS EXPANSION FROM 2017 TO 2019
19.2 MARKET SHARE ANALYSIS
FIGURE 119 INTUITIVE SURGICAL LED TOP SERVICE ROBOTICS MARKET IN 2019
TABLE 143 RANKING OF TOP 5 PLAYERS IN SERVICE ROBOTICS MARKET, 2019
19.3 COMPETITIVE LEADERSHIP MAPPING
19.3.1 STAR
19.3.2 EMERGING
19.3.3 PERVASIVE
19.3.4 PARTICIPANT
FIGURE 120 SERVICE ROBOTICS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2019
19.4 STRENGTH OF PRODUCT PORTFOLIO (25 PLAYERS)
FIGURE 121 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN TOP ROBOTICS MARKET
19.5 BUSINESS STRATEGY EXCELLENCE (25 PLAYERS)
FIGURE 122 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN TOP ROBOTICS MARKET
19.6 STARTUP/SME EVALUATION MATRIX
TABLE 144 STARTUPS/SMES IN SERVICE ROBOTICS MARKET
19.6.1 PROGRESSIVE COMPANIES
19.6.2 RESPONSIVE COMPANIES
19.6.3 DYNAMIC COMPANIES
19.6.4 STARTING BLOCKS
FIGURE 123 TOP SERVICE ROBOTICS MARKET (GLOBAL): STARTUP/SME EVALUATION MATRIX, 2020
19.7 COMPETITIVE SITUATIONS AND TRENDS
FIGURE 124 SERVICE ROBOTICS MARKET WITNESSED SIGNIFICANT GROWTH FROM 2017 TO 2019
19.7.1 PRODUCT LAUNCHES
TABLE 145 TOP SERVICE ROBOTICS MARKET, PRODUCT LAUNCHES, 2017–2019
19.7.2 PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES
TABLE 146 TOP SERVICE ROBOTICS MARKET, PARTNERSHIPS AND COLLABORATIONS, 2017–2019
19.7.3 EXPANSIONS
TABLE 147 TOP SERVICE ROBOTICS MARKET, EXPANSIONS, 2017–2019
19.7.4 ACQUISITIONS
TABLE 148 TOP SERVICE ROBOTICS MARKET, ACQUISITIONS, 2017–2019
20 COMPANY PROFILES (Page No. - 299)
20.1 INTRODUCTION
20.2 KEY PLAYERS
(Business overview, Products offered, Recent developments, COVID-19-related developments, SWOT analysis, and MnM view)*
20.2.1 ABB
FIGURE 125 ABB: COMPANY SNAPSHOT
20.2.2 YASKAWA
FIGURE 126 YASKAWA: COMPANY SNAPSHOT
20.2.3 FANUC
FIGURE 127 FANUC: COMPANY SNAPSHOT
20.2.4 KUKA
FIGURE 128 KUKA: COMPANY SNAPSHOT
20.2.5 MITSUBISHI ELECTRIC
FIGURE 129 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
20.2.6 IROBOT
FIGURE 130 IROBOT: COMPANY SNAPSHOT
20.2.7 SOFTBANK ROBOTICS GROUP
20.2.8 INTUITIVE SURGICAL
FIGURE 131 INTUITIVE SURGICAL: COMPANY SNAPSHOT
20.2.9 DELAVAL
FIGURE 132 DELAVAL: COMPANY SNAPSHOT
20.2.10 DAIFUKU
FIGURE 133 DAIFUKU: COMPANY SNAPSHOT
*Details on Business overview, Products offered, Recent developments, COVID-19-related developments, SWOT analysis, and MnM view might not be captured in case of unlisted companies.
20.3 RIGHT TO WIN
20.3.1 ABB
20.3.2 FANUC
20.3.3 IROBOT
20.3.4 SOFTBANK ROBOTICS GROUP
20.3.5 INTUITIVE SURGICAL
20.4 OTHER KEY PLAYERS
20.4.1 KAWASAKI HEAVY INDUSTRIES
20.4.2 DENSO
20.4.3 NACHI-FUJIKOSHI
20.4.4 SEIKO EPSON
20.4.5 UNIVERSAL ROBOTS
20.4.6 CYBERDYNE
20.4.7 DJI
20.4.8 KONGSBERG
20.4.9 NORTHROP GRUMMAN
20.4.10 NEATO ROBOTICS
21 APPENDIX (Page No. - 341)
21.1 DISCUSSION GUIDE
21.1.1 TOP INDUSTRIAL ROBOTICS MARKET
21.1.2 TOP SERVICE ROBOTICS MARKET
21.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
21.3 AVAILABLE CUSTOMIZATIONS
21.4 RELATED REPORTS (TOP ROBOTICS MARKET)
21.5 AUTHOR DETAILS
The study involved four major activities in estimating the size for top robotics market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. The bottom-up approach was employed to estimate the overall market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information pertinent to this study. Secondary sources include annual reports; press releases; investor presentations; white papers; journals and certified publications; and articles from recognized authors, directories, and databases. Secondary research has been conducted to obtain key information about the industry’s supply chain, market’s value chain, total pool of key players, market segmentation according to the industry trends (to the bottommost level), geographic markets, and key developments from both market- and technology-oriented perspectives.
After the complete market engineering (which includes calculations for market statistics, market breakdown, data triangulation, market size estimations, and market forecasting), extensive primary research has been carried out to gather information, as well as to verify and validate the critical numbers arrived at.
Primary research has also been conducted to identify the segmentation types; key players; competitive landscape; and key market dynamics such as drivers, restraints, opportunities, challenges, and industry trends, along with the key strategies adopted by the market players. Extensive qualitative and quantitative analyses have been performed on the complete market engineering process to list the key information and insights throughout the report.
Secondary sources used for this research study include government sources, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, and professional associations. The secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.
Primary Research
Extensive primary research has been conducted after gaining knowledge about the top robotics market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand (commercial application providers) and supply (equipment manufacturers and distributors) sides across 4 major regions: North America, Europe, APAC, and RoW. Approximately 20% and 80% of primary interviews have been conducted with parties from the demand side and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the top robotics market and other dependent submarkets. Key players in the market have been determined through primary and secondary research. This entire research methodology involves the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) about the top robotics market.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the parameters that affect the market segments covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in the report.
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Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Report Objectives
- To describe and forecast the top robotics market (comprising top industrial robotics and top service robotics markets), in terms of value, segmented by type
- To describe and forecast the top industrial robotics market, in terms of value and volume, segmented by type, application, and industry
- To describe and forecast the top service robotics market, in terms of value, segmented by environment, type, and application
- To describe and forecast the market size of the top industrial robotics market, in terms of value and volume, with regards to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To describe and forecast the market size of the top service robotics market, in terms of value, with regards to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
- To provide a detailed overview of the value chain of the top robotics ecosystem
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the market
- To benchmark the market players using the proprietary "Competitive Leadership Mapping" framework, which analyzes market players on various parameters within the broad categories of business strategy excellence and strength of product portfolio
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the competitive landscape of the market
- To analyze competitive developments such as acquisitions, product launches and developments, and research and development in the top robotics market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. 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)
Growth opportunities and latent adjacency in Top Robotics Market
Hi, we are a large facility services-based company, disrupted by the emerging use of robotics. We would like to gain more insight into this market so as to better respond strategically.