Smart Robots Market Size, Share, Analysis Report

Smart Robots Market Size by Component (Hardware, Software, Service), By Application (Industrial robots, Service robots, MUV), By End-User Industry (Industrial, Commercial, Residential), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global smart robots market is expected to be around US$ 20 Billion by 2027. it is calculable to expand at a CAGR of 22.4% during the forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

22

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The global smart robots market is expected to be around US$ 20 Billion by 2027. it is calculable to expand at a CAGR of 22.4% during the forecast period.

The market is 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 Smart Robots Market is Increasing Investments Toward Industrial Automation.

The global Smart Robots market is segregated on the basis of Component as Hardware, Software, and Service. Based on Application the global Smart Robots market is segmented in Industrial robots, Service robots, MUV, and Others. Based on End-User Industry the global Smart Robots market is segmented in Industrial, Commercial, and Residential.

The global Smart Robots market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Robots market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

ABB Ltd, iRobot Corporation, Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, Panasonic Industry Europe GmbH, OTC Daihen Inc, Kawasaki Heavy Industries, Intuitive Surgical Inc, Omron Adept Technologies, Inc., and others are among the major players in the global Smart Robots market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Smart Robots Market has been segmented as below:

Smart Robots Market, By Component

  • Hardware
  • Software
  • Service

Smart Robots Market, By Application

  • Industrial robots
  • Service robots
  • MUV
  • Others

Smart Robots Market, By End-User Industry

  • Industrial
  • Commercial
  • Residential

Smart Robots Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Smart Robots Market, By Company

  • ABB Ltd
  • iRobot Corporation
  • Kuka AG
  • Fanuc Corporation
  • Yaskawa Electric Corporation
  • Panasonic Industry Europe GmbH
  • OTC Daihen Inc
  • Kawasaki Heavy Industries
  • Intuitive Surgical Inc
  • Omron Adept Technologies, Inc.

The report covers:

  • Global Smart Robots market sizes from 2018 to 2027, along with CAGR for 2022-2027
  • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
  • Global Smart Robots market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Robots market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Smart Robots market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics.

The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Robots market share. Major industry players with significant revenue share include ABB Ltd, iRobot Corporation, Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, Panasonic Industry Europe GmbH, OTC Daihen Inc, Kawasaki Heavy Industries, Intuitive Surgical Inc, Omron Adept Technologies, Inc., and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Smart Robots industry trends
  • Find complete analysis on the market status
  • Identify the Smart Robots market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Customization

Customized report as per the requirement can be offered with appropriate recommendations.

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1. Introduction

   1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders

2. Research Methodology

   2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
        2.4.1 Secondary Research
        2.4.2 Primary Research
        2.4.3 Models for Estimation
    2.5 Market Size Estimation
        2.5.1 Bottom-Up Approach – Segmental Market Analysis
        2.5.2 Top-Down Approach – Parent Market Analysis

3. Executive Summary

4. Market Overview

    4.1 Introduction
        4.2.1 Drivers
        4.2.2 Restraints
        4.2.3 Opportunities
        4.2.4 Challenges
    4.2 Porter’s Five Force Analysis

5. Smart Robots Market, By Component

   5.1 Introduction
    5.2 Hardware
        5.2.1 Market Overview
        5.2.2 Market Size and Forecast
    5.3 Software
        5.3.1 Market Overview
        5.3.2 Market Size and Forecast
    5.4 Service
        5.4.1 Market Overview
        5.4.2 Market Size and Forecast

6. Smart Robots Market, By Application

    6.1 Introduction
    6.2 Industrial robots
        6.2.1 Market Overview
        6.2.2 Market Size and Forecast
    6.3 Service robots
        6.3.1 Market Overview
        6.3.2 Market Size and Forecast
    6.4 MUV
        6.4.1 Market Overview
        6.4.2 Market Size and Forecast
    6.5 Others
        6.5.1 Market Overview
        6.5.2 Market Size and Forecast

7. Smart Robots Market, By End-User Industry

    7.1 Introduction
    7.2 Industrial
        7.2.1 Market Overview
        7.2.2 Market Size and Forecast
    7.3 Commercial
        7.3.1 Market Overview
        7.3.2 Market Size and Forecast
    7.4 Residential
        7.4.1 Market Overview
        7.4.2 Market Size and Forecast

8. Smart Robots Market, By Geography

    8.1 Introduction
    8.2 North America
        8.2.1 North America Smart Robots, By Component
        8.2.2 North America Smart Robots, By Application
        8.2.3 North America Smart Robots, By End-User Industry
    8.3 Europe
        8.3.1 Europe Smart Robots, By Component
        8.3.2 Europe Smart Robots, By Application
        8.3.3 Europe Smart Robots, By End-User Industry
    8.4 Asia-Pacific
        8.4.1 Asia-Pacific Smart Robots, By Component
        8.4.2 Asia-Pacific Smart Robots, By Application
        8.4.3 Asia-Pacific Smart Robots, By End-User Industry
    8.5 Rest of the World
        8.5.1 Rest of the World Smart Robots, By Component
        8.5.2 Rest of the World Smart Robots, By Application
        8.5.3 Rest of the World Smart Robots, By End-User Industry

9. Competitive Insights

   9.1 Key Insights
    9.2 Company Market Share Analysis
    9.3 Strategic Outlook
        9.3.1 Mergers & Acquisitions
        9.3.2 New Product Development
        9.3.3 Portfolio/Production Capacity Expansions
        9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
        9.3.5 Others

10. Company Profiles

    10.1 ABB Ltd
        10.1.1 Company Overview
        10.1.2 Product/Service Landscape
        10.1.3 Financial Overview
        10.1.4 Recent Developments
    10.2 iRobot Corporation
        10.2.1 Company Overview
        10.2.2 Product/Service Landscape
        10.2.3 Financial Overview
        10.2.4 Recent Developments
    10.3 Kuka AG
        10.3.1 Company Overview
        10.3.2 Product/Service Landscape
        10.3.3 Financial Overview
        10.3.4 Recent Developments
    10.4 Fanuc Corporation
        10.4.1 Company Overview
        10.4.2 Product/Service Landscape
        10.4.3 Financial Overview
        10.4.4 Recent Developments
    10.5 Yaskawa Electric Corporation
        10.5.1 Company Overview
        10.5.2 Product/Service Landscape
        10.5.3 Financial Overview
        10.5.4 Recent Developments
    10.6 Panasonic Industry Europe GmbH
        10.6.1 Company Overview
        10.6.2 Product/Service Landscape
        10.6.3 Financial Overview
        10.6.4 Recent Developments
    10.7 OTC Daihen Inc
        10.7.1 Company Overview
        10.7.2 Product/Service Landscape
        10.7.3 Financial Overview
        10.7.4 Recent Developments
    10.8 Kawasaki Heavy Industries
        10.8.1 Company Overview
        10.8.2 Product/Service Landscape
        10.8.3 Financial Overview
        10.8.4 Recent Developments
    10.9 Intuitive Surgical Inc
        10.9.1 Company Overview
        10.9.2 Product/Service Landscape
        10.9.3 Financial Overview
        10.9.4 Recent Developments
    10.10 Omron Adept Technologies, Inc.
        10.10.1 Company Overview
        10.10.2 Product/Service Landscape
        10.10.3 Financial Overview
        10.10.4 Recent Developments

The Smart Robots Market has been segmented as below:

Smart Robots Market, By Component

  • Hardware
  • Software
  • Service

Smart Robots Market, By Application

  • Industrial robots
  • Service robots
  • MUV
  • Others

Smart Robots Market, By End-User Industry

  • Industrial
  • Commercial
  • Residential

Smart Robots Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Smart Robots Market, By Company

  • ABB Ltd
  • iRobot Corporation
  • Kuka AG
  • Fanuc Corporation
  • Yaskawa Electric Corporation
  • Panasonic Industry Europe GmbH
  • OTC Daihen Inc
  • Kawasaki Heavy Industries
  • Intuitive Surgical Inc
  • Omron Adept Technologies, Inc.

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The market is expected to grow at a CAGR of 22.4% during the study period (2022-2027)
The global smart robots market is expected to be around US$ 20 Billion by 2027
The segment included in smart robots market is Component, Application, End-User Industry and Region.
Some key players operating in the smart robots market include ABB Ltd, iRobot Corporation, Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, Panasonic Industry Europe GmbH, OTC Daihen Inc
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