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Published: Oct, 2018 | Pages:
120 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)
The global smart robots market size is anticipated to reach USD 16.46 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 22.4% over the forecast period. Factors such as increasing adoption of autonomous robots for carrying out iterative tasks, rapid technological developments in robotics, and increasing investments in industrial automation have boosted the adoption of smart robots in various end use segments. Smart robots are commonly used for performing various tasks in field applications, metal fabrication, packaging and palletizing, among others. These robots perform tasks independently as well as can work with humans in various manufacturing and maintenance operations. Smart robots are widely used in industries such as automotive and manufacturing to enhance productivity and to reduce labor cost. In addition, benefits such as minimal accidents and higher accuracy are driving the market growth. The introduction of smart collaborative robots and Artificial Intelligence (AI) enabled systems with enhanced reliability and accuracy is expected to drive growth of the smart robots market over the forecast period. Numerous companies such as Fanuc Corporation, ABB Ltd., and Yaskawa Electric Corporation, among others, are implementing advanced robotics technologies for versatile end-use applications. This factor is anticipated to further boost the market expansion in the forthcoming years. The industrial robot segment is anticipated to witness substantial growth in near future owing to their wide adoption in process automation in various industries. Increasing investment in industrial automation has boosted the adoption of smart robots among packaging, manufacturing, and material handling among other industries. Moreover, rising adoption of Internet of Things (IoT) and Artificial Intelligence (AI) has also encouraged end users to implement the smart robotics technology. The market for smart robots is expected to witness volatility owing to mergers and acquisitions, high competition, and presence of new as well as well-established participants. In August 2016, Panasonic Corporation acquired OpenSynergy GmbH, a German software company. OpenSynergy is a high-tech company specializing in embedded automotive software for cockpit solutions. This acquisition is expected to enhance its business in the automotive sector. Further key findings from the study suggest: • Demand for smart robots has increased over the years owing to benefits such as automation, safety, cost reduction, and reliability • Governments across the globe are promoting industrial automation to improve productivity • The Asia Pacific region is projected to witness remarkable growth over the forecast period owing to increasing application of smart robots in manufacturing and automotive industries • The market is expected to grow at exponential pace as numerous diverse applications come to light and different types of niche products including application specific robots are commercialized • Key players in the smart robots market include ABB Ltd., Kuka AG, iRobot Corporation, and Fanuc Corporation, among others.
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Smart Robots Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Global Smart Robots Market, 2014 - 2025
Chapter 3 Smart Robots Industry Outlook
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Smart Robots - Value Chain Analysis
3.4 Smart Robots - Market Dynamics
3.4.1 Market driver analysis
3.4.2 Market restraint analysis
3.5 Smart Robots Market - Market Share, 2017
3.6 Penetration and Growth Prospect Mapping
3.7 Smart Robots - Porter's Five Forces Analysis
3.8 Smart Robots - PESTEL Analysis
Chapter 4 Smart Robots Component Outlook
4.1 Smart Robots Market by Component, 2018 & 2025
4.2 Hardware
4.2.1 Hardware in smart robots market, 2014 - 2025
4.3 Software
4.3.1 Software in smart robots market, 2014 - 2025
4.4 Service
4.4.1 Service in smart robots market, 2014 - 2025
Chapter 5 Smart Robots Application Outlook
5.1 Smart Robots Market by Application, 2018 & 2025
5.2 Industrial Robots
5.2.1 Industrial smart robots market, 2014 - 2025
5.3 Service Robots
5.3.1 Service smart robots market, 2014 - 2025
Chapter 6 Smart Robots End Use Outlook
6.1 Smart Robots Market by End Use, 2018 & 2025
6.2 Industrial
6.2.1 Industrial smart robots market, 2014 - 2025
6.3 Commerical
6.3.1 Commerical smart robots market, 2014 - 2025
6.4 Residential
6.4.1 Residential smart robots market, 2014 - 2025
Chapter 7 Smart Robots Vertical Outlook
7.1 Smart Robots Market by Vertical, 2018 & 2025
7.2 Automotive
7.2.1 Automotive smart robots market, 2014 - 2025
7.3 Healthcare
7.3.1 Healthcare smart robots market, 2014 - 2025
7.4 Manufacturing
7.4.1 Manufacturing smart robots market, 2014 - 2025
7.5 Food and Beverages
7.5.1 Food and Beverages smart robots market, 2014 - 2025
7.6 Retail
7.6.1 Retail smart robots market, 2014 - 2025
7.7 Energy & Utility
7.7.1 Energy & Utility smart robots market, 2014 - 2025
7.8 Others
7.8.1 Others smart robots market, 2014 - 2025
Chapter 8 Smart Robots Regional Outlook
8.1 Smart Robots Market by Region, 2018 & 2025
8.2 North America
8.2.1 North America smart robots market, 2014 - 2025
8.2.2 North America smart robots market, by component, 2014 - 2025
8.2.3 North America smart robots market, by application, 2014 - 2025
8.2.4 North America smart robots market, by end use, 2014 - 2025
8.2.5 North America smart robots market, by vertical, 2014 - 2025
8.2.6 U.S.
8.2.6.1 U.S. smart robots market, 2014 - 2025
8.2.6.2 U.S. smart robots market, by component, 2014 - 2025
8.2.6.3 U.S. smart robots market, by application, 2014 - 2025
8.2.6.4 U.S. smart robots market, by end use, 2014 - 2025
8.2.6.5 U.S. smart robots market, by vertical, 2014 - 2025
8.2.7 Canada
8.2.7.1 Canada smart robots market, 2014 - 2025
8.2.7.2 Canada smart robots market, by component, 2014 - 2025
8.2.7.3 Canada smart robots market, by application, 2014 - 2025
8.2.7.4 Canada smart robots market, by end use, 2014 - 2025
8.2.7.5 Canada smart robots market, by vertical, 2014 - 2025
8.2.8 Mexico
8.2.8.1 Mexico smart robots market, 2014 - 2025
8.2.8.2 Mexico smart robots market, by component, 2014 - 2025
8.2.8.3 Mexico smart robots market, by application, 2014 - 2025
8.2.8.4 Mexico smart robots market, by end use, 2014 - 2025
8.2.8.5 Mexico smart robots market, by vertical, 2014 - 2025
8.3 Europe
8.3.1 Europe smart robots market, 2014 - 2025
8.3.2 Europe smart robots market, by component, 2014 - 2025
8.3.3 Europe smart robots market, by application, 2014 - 2025
8.3.4 Europe smart robots market, by end use, 2014 - 2025
8.3.5 Europe smart robots market, by vertical, 2014 - 2025
8.3.6 U.K.
8.3.6.1 U.K. smart robots market, 2014 - 2025
8.3.6.2 U.K. smart robots market, by component, 2014 - 2025
8.3.6.3 U.K. smart robots market, by application, 2014 - 2025
8.3.6.4 U.K. smart robots market, by end use, 2014 - 2025
8.3.6.5 U.K. smart robots market, by vertical, 2014 - 2025
8.3.7 Germany
8.3.7.1 Germany smart robots market, 2014 - 2025
8.3.7.2 Germany smart robots market, by component, 2014 - 2025
8.3.7.3 Germany smart robots market, by application, 2014 - 2025
8.3.7.4 Germany smart robots market, by end use, 2014 - 2025
8.3.7.5 Germany smart robots market, by vertical, 2014 - 2025
8.4 Asia Pacific
8.4.1 Asia Pacific smart robots market, 2014 - 2025
8.4.2 Asia Pacific smart robots market, by component, 2014 - 2025
8.4.3 Asia Pacific Smart robots market, by application, 2014 - 2025
8.4.4 Asia Pacific smart robots market, by end use, 2014 - 2025
8.4.5 Asia Pacific smart robots market, by vertical, 2014 - 2025
8.4.6 China
8.4.6.1 China smart robots market, 2014 - 2025
8.4.6.2 China smart robots market, by component, 2014 - 2025
8.4.6.3 China smart robots market, by application, 2014 - 2025
8.4.6.4 China smart robots market, by end use, 2014 - 2025
8.4.6.5 China smart robots market, by vertical, 2014 - 2025
8.4.7 Japan
8.4.7.1 Japan smart robots market, 2014 - 2025
8.4.7.2 Japan smart robots market, by component, 2014 - 2025
8.4.7.3 Japan smart robots market, by application, 2014 - 2025
8.4.7.4 Japan smart robots market, by end use, 2014 - 2025
8.4.7.5 Japan smart robots market, by vertical, 2014 - 2025
8.4.8 South Korea
8.4.8.1 South Korea smart robots market, 2014 - 2025
8.4.8.2 South Korea smart robots market, by component, 2014 - 2025
8.4.8.3 South Korea smart robots market, by application, 2014 - 2025
8.4.8.4 South Korea smart robots market, by end use, 2014 - 2025
8.4.8.5 South Korea smart robots market, by vertical, 2014 - 2025
8.5 South America
8.5.1 South America smart robots market, 2014 - 2025
8.5.2 South America smart robots market, by component, 2014 - 2025
8.5.3 South America smart robots market, by application, 2014 - 2025
8.5.4 South America smart robots market, by end use, 2014 - 2025
8.5.5 South America smart robots market, by vertical, 2014 - 2025
8.5.6 Brazil
8.5.6.1 Brazil smart robots market, 2014 - 2025
8.5.6.2 Brazil smart robots market, by component, 2014 - 2025
8.5.6.3 Brazil smart robots market, by application, 2014 - 2025
8.5.6.4 Brazil smart robots market, by end use, 2014 - 2025
8.5.6.5 Brazil smart robots market, by vertical, 2014 - 2025
8.6 MEA
8.6.1 MEA smart robots market, 2014 - 2025
8.6.2 MEA smart robots market, by component, 2014 - 2025
8.6.3 MEA smart robots market, by application, 2014 - 2025
8.6.4 MEA smart robots market, by end use, 2014 - 2025
8.6.5 MEA smart robots market, by vertical, 2014 - 2025
Chapter 9 Competitive Landscape
9.1 ABB Ltd.
9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Product Benchmarking
9.1.4 Strategic Initiatives
9.2 iRobot Corporation
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Product Benchmarking
9.2.4 Strategic Initiatives
9.3 Kuka AG (Midea Group)
9.3.1 Company Overview
9.3.2 Financial Performance
9.3.3 Product Benchmarking
9.3.4 Strategic Initiatives
9.4 Fanuc Corporation
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Product Benchmarking
9.4.4 Strategic Initiatives
9.5 Yaskawa Electric Corporation
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Product Benchmarking
9.6 Panasonic Industry Europe GmbH
9.6.1 Company Overview
9.6.2 Financial Performance
9.6.3 Product Benchmarking
9.6.4 Strategic Initiatives
9.7 OTC Daihen Inc.
9.7.1 Company Overview
9.7.2 Product Benchmarking
9.8 Kawasaki Heavy Industries
9.8.1 Company Overview
9.8.2 Financial Performance
9.8.3 Product Benchmarking
9.8.4 Strategic Initiatives
9.9 Intuitive Surgical Inc.
9.9.1 Company Overview
9.9.2 Financial Performance
9.9.3 Product Benchmarking
9.9.4 Strategic Initiatives
9.10 Omron Adept Technologies, Inc.
9.10.1 Company Overview
9.10.2 Financial Performance
9.10.3 Product Benchmarking
9.10.4 Strategic Initiatives
List of Tables TABLE 1 Smart robots market - Industry snapshot & key buying criteria, 2014 - 2025 TABLE 2 Global smart robots market, 2014 - 2025 (USD Million) TABLE 3 Global smart robots market, by region, 2014 - 2025 (USD Million) TABLE 4 Global smart robots market, by component, 2014 - 2025 (USD Million) TABLE 5 Global smart robots market, by application, 2014 - 2025 (USD Million) TABLE 6 Global smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 7 Smart robots - Key market driver impact TABLE 8 Smart robots - Key market restraint impact TABLE 9 Smart robots - Key market challenge impact TABLE 10 Hardware in smart robots market, 2014 - 2025 (USD Million) TABLE 11 Hardware in smart robots market, by region, 2014 - 2025 (USD Million) TABLE 12 Software in smart robots market, 2014 - 2025 (USD Million) TABLE 13 Software in smart robots market, by region, 2014 - 2025 (USD Million) TABLE 14 Service in smart robots market, 2014 - 2025 (USD Million) TABLE 15 Service in smart robots market, by region, 2014 - 2025 (USD Million) TABLE 16 Industrial smart robots market, 2014 - 2025 (USD Million) TABLE 17 Industrial smart robots market, by region, 2014 - 2025 (USD Million) TABLE 18 Service smart robots market, 2014 - 2025 (USD Million) TABLE 19 Service smart robots market, by region, 2014 - 2025 (USD Million) TABLE 20 Industrial smart robots market, 2014 - 2025 (USD Million) TABLE 21 Industrial smart robots market, by region, 2014 - 2025 (USD Million) TABLE 22 Commerical smart robots market, 2014 - 2025 (USD Million) TABLE 23 Commerical smart robots market, by region, 2014 - 2025 (USD Million) TABLE 24 Residential smart robots market, 2014 - 2025 (USD Million) TABLE 25 Residential smart robots market, by region, 2014 - 2025 (USD Million) TABLE 26 Automotive smart robots market, 2014 - 2025 (USD Million) TABLE 27 Automotive smart robots market, by region, 2014 - 2025 (USD Million) TABLE 28 Healthcare smart robots market, 2014 - 2025 (USD Million) TABLE 29 Healthcare smart robots market, by region, 2014 - 2025 (USD Million) TABLE 30 Manufacturing smart robots market, 2014 - 2025 (USD Million) TABLE 31 Manufacturing smart robots market, by region, 2014 - 2025 (USD Million) TABLE 32 Food and beverages smart robots market, 2014 - 2025 (USD Million) TABLE 33 Food and beverages smart robots market, by region, 2014 - 2025 (USD Million) TABLE 34 Retail smart robots market, 2014 - 2025 (USD Million) TABLE 35 Retail smart robots market, by region, 2014 - 2025 (USD Million) TABLE 36 Energy & utility smart robots market, 2014 - 2025 (USD Million) TABLE 37 Energy & utility smart robots market, by region, 2014 - 2025 (USD Million) TABLE 38 Others smart robots market, 2014 - 2025 (USD Million) TABLE 39 Others smart robots market, by region, 2014 - 2025 (USD Million) TABLE 40 North America smart robots market, 2014 - 2025 (USD Million) TABLE 41 North America smart robots market, by component, 2014 - 2025 (USD Million) TABLE 42 North America Smart robots market, by application, 2014 - 2025 (USD Million) TABLE 43 North America smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 44 North America smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 45 U.S. smart robots market, 2014 - 2025 (USD Million) TABLE 46 U.S. smart robots market, by component, 2014 - 2025 (USD Million) TABLE 47 U.S. smart robots market, by application, 2014 - 2025 (USD Million) TABLE 48 U.S. smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 49 U.S. smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 50 Canada smart robots market, 2014 - 2025 (USD Million) TABLE 51 Canada smart robots market, by component, 2014 - 2025 (USD Million) TABLE 52 Canada smart robots market, by application, 2014 - 2025 (USD Million) TABLE 53 Canada smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 54 Canada smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 55 Mexico smart robots market, 2014 - 2025 (USD Million) TABLE 56 Mexico smart robots market, by component, 2014 - 2025 (USD Million) TABLE 57 Mexico smart robots market, by application, 2014 - 2025 (USD Million) TABLE 58 Mexico smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 59 Mexico smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 60 Europe smart robots market, 2014 - 2025 (USD Million) TABLE 61 Europe smart robots market, by component, 2014 - 2025 (USD Million) TABLE 62 Europe smart robots market, by application, 2014 - 2025 (USD Million) TABLE 63 Europe smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 64 Europe smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 65 U.K. smart robots market, 2014 - 2025 (USD Million) TABLE 66 U.K. smart robots market, by component, 2014 - 2025 (USD Million) TABLE 67 U.K. smart robots market, by application, 2014 - 2025 (USD Million) TABLE 68 U.K. smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 69 U.K. smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 70 Germany smart robots market, 2014 - 2025 (USD Million) TABLE 71 Germany smart robots market, by component, 2014 - 2025 (USD Million) TABLE 72 Germany smart robots market, by application, 2014 - 2025 (USD Million) TABLE 73 Germany smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 74 Germany smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 75 Asia Pacific smart robots market, 2014 - 2025 (USD Million) TABLE 76 Asia Pacific smart robots market, by component, 2014 - 2025 (USD Million) TABLE 77 Asia Pacific Smart robots market, by application, 2014 - 2025 (USD Million) TABLE 78 Asia Pacific Smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 79 Asia Pacific Smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 80 China smart robots market, 2014 - 2025 (USD Million) TABLE 81 China smart robots market, by component, 2014 - 2025 (USD Million) TABLE 82 China smart robots market, by application, 2014 - 2025 (USD Million) TABLE 83 China smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 84 China smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 85 Japan smart robots market, 2014 - 2025 (USD Million) TABLE 86 Japan smart robots market, by component, 2014 - 2025 (USD Million) TABLE 87 Japan smart robots market, by application, 2014 - 2025 (USD Million) TABLE 88 Japan smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 89 Japan smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 90 South Korea smart robots market, 2014 - 2025 (USD Million) TABLE 91 South Korea smart robots market, by component, 2014 - 2025 (USD Million) TABLE 92 South Korea smart robots market, by application, 2014 - 2025 (USD Million) TABLE 93 South Korea smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 94 South Korea smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 95 South America smart robots market, 2014 - 2025 (USD Million) TABLE 96 South America smart robots market, by component, 2014 - 2025 (USD Million) TABLE 97 South America smart robots market, by application, 2014 - 2025 (USD Million) TABLE 98 South America smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 99 South America smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 100 Brazil smart robots market, 2014 - 2025 (USD Million) TABLE 101 Brazil smart robots market, by component, 2014 - 2025 (USD Million) TABLE 102 Brazil smart robots market, by application, 2014 - 2025 (USD Million) TABLE 103 Brazil smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 104 Brazil smart robots market, by vertical, 2014 - 2025 (USD Million) TABLE 105 MEA smart robots market, 2014 - 2025 (USD Million) TABLE 106 MEA smart robots market, by component, 2014 - 2025 (USD Million) TABLE 107 MEA smart robots market, by application, 2014 - 2025 (USD Million) TABLE 108 MEA smart robots market, by end use, 2014 - 2025 (USD Million) TABLE 109 MEA smart robots market, by vertical, 2014 - 2025 (USD Million)
List of Figures FIG. 1 Market segmentation and scope FIG. 2 Global smart robots market, 2014-2025 (USD Million) FIG. 3 Smart robots - Value chain analysis FIG. 4 Smart robots - Market dynamics FIG. 5 Smart robots - Market Share, 2017 FIG. 6 Key opportunities prioritized FIG. 7 Smart robots market - Porter's five forces analysis FIG. 8 Smart robots market - PESTEL analysis FIG. 9 Smart robots market share, by component, 2018 & 2025 FIG. 10 Smart robots market share, by application, 2018 & 2025 FIG. 11 Smart robots market share, by end use, 2018 & 2025 FIG. 12 Smart robots market share, by vertical, 2018 & 2025 FIG. 13 Smart robots market share, by region, 2018 & 2025 FIG. 14 Regional marketplace - Key takeaways FIG. 15 North America smart robots market - Key takeaways FIG. 16 Europe smart robots market - Key takeaways FIG. 17 Asia Pacific smart robots market - Key takeaways FIG. 18 South America smart robots market - Key takeaways FIG. 19 MEA smart robots market - Key takeaways
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