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Published Date: 06 May 2015 No. of pages : 131
Global Robotics Technology
Market Forecast 2014 - 2020
Robotics Technology, is a combination of machine tools and computer applications, used for thedesigning, manufacturing and application of robots. Use of robotics technology allows consumers toautomate processes, increase productivity, enhance quality and reduce human errors. Roboticstechnology is used in a wide range of industries including healthcare, defense, aerospace,automotive and infrastructure. Robots can be used for numerous activities which includeassembling products, detecting and defusing bombs, surgical operations, product inspection, spacemissions, and domestic works such as cleaning and other household chores. The impending need ofautomation solutions is a major factor that drives this market. Manufacturers are increasingly optingfor process automation, owing to the rise in labor costs and market competition.
A dynamic rise in the number of smartphones and tablets supplements the process of robotdevelopment and contributes to the growth of the global market. Additionally, emergingtechnologies in robotics and cost reduction in products with the use of robots supplement themarket growth. With the growth of robotics technology, there will be a significant increase in thenumber of jobs available for the human workforce. Lack of awareness about the advantages ofrobots in the market, along with the high installation cost of robotics technology are the majordrawbacks for this market. The growing demand for automation in mechanical, aerospace anddefense industries, along with the growing adoption of new technologies like nano-robotics andcloud robotics, highlight the growth opportunities for players in the market. There has been anincrease in the adoption of robotics by SMEs, owing to the development of small, compact andaffordable robots by the key players in the market.
Introduction to Robotics Technology Market
The vendors in the market offer a wide range of robotics systems to meet the requirement of thecustomers. The development of robots require high quality hardware and software to control therobots’ operations and integration along with its auxiliary systems in a working environment. Thekey players in the market are developing small, compact, energy efficient and low cost roboticssystems, which can be used in a wide range of industries, particularly by SMEs. Additionally, thevendors in the market are acquiring and collaborating with the top companies in the market, toenhance their product portfolio. For instance, in September 2014, ABB introduced a new dual armrobot named Yumi, to work in collaboration with humans and ease the process of automation. Thislaunch will further enhance the company’s offerings and support its growth. In June 2013, Yaskawaacquired Agile Planet to strengthen its product portfolio of robotics as well as motion control. Thisacquisition would also enable Yaskawa to expand its geographic presence. Other key playersdominating this market are ABB Group, Adept Technology, Fanuc Corporation, Yaskawa ElectricCorporation, KUKA AG, Intuitive Surgical, Yamaha Corporation, Kawasaki Heavy Industries, HondaMotor Co Ltd and iRobot.
The global Robotics Technology market is segmented on the basis of types of robots, components,applications and geography. The various types of robots used across different industries includeindustrial robots, service robots and mobile robots. Industrial robots account for a larger shareamong others. The component segment is further categorized into hardware, software, andservices.
Introduction to Robotics Technology Market
Table of Contents
1. INTRODUCTION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GLOBAL ROBOTICS TECHNOLOGY MARKET, BY TYPE
5. GLOBAL ROBOTICSTECHNOLOGY MARKET, BY COMPONENTS
6. GLOBAL ROBOTICS TECHNOLOGY MARKET, BY APPLICATIONS
7. GLOBAL ROBOTICS TECHNOLOGY MARKET, BY GEOGRAPHY
8. COMPANY PROFILES
Global Robotics Technology Market Overview
1. Market Definition & Scope
2. Key findings
3. Porter’s five force analysis
4. Value chain analysis
5. Market share analysis
6. Case studies
7. Market Dynamics
Global Robotics Technology Market, By Type
Global Robotics Technology Market, By
Type
Industrial Robots
Mobile Robots
Service Robots
Others
Global Robotics Technology Market, By
Components
Global Robotics
Technology Market, By
Components
Hardware
SoftwareServices
Global Robotics Technology Market, By
Applications
Global Robotics Technology Market, By
Applications
Healthcare
Defence and Security
Aerospace
Automotive
Electronics
Domestic
Company Profiles
1. ABB Group
2. Adept Technology
3. Yaskawa Electric Corporation
4. Fanuc Corporation
5. KUKA AG
6. iRobot
7. Intuitive Surgical
8. Honda Motor Co., Ltd.
9. Kawasaki Heavy Industries, Ltd
10.Yamaha Corporation
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