Market Research Future Insights
According to MRFR analysis, the global Robotics market is expected to register a CAGR of
~22.8% from 2022 to 2030 and hold a value of over USD 214.68 billion by 2030.
The
study's focus is restricted to robotics utilized in commercial operations for
cleaning, shelf scanning, RFID scanning, delivery, security & inspection,
and advertising. Robots that perform surface disinfection are used to clean the
surfaces of items that are maintained nearby. Robots that scan RFID tags and
shelves are also used to control inventories. Additionally, delivery robots are
employed to move items and packages from one location to another. Additionally,
security and inspection robots are utilized to monitor a facility's inside and
external environments. The COVID-19 pandemic created a challenging scenario
since it affected the supply chain system. When the production hubs were shut
down for a longer period, the Robotics Market was also negatively impacted.
This element has a clear effect on the value chain hub. Due to the lockdown,
the raw material supply was delayed, which further hampered production and
delivery to the industrial verticals. But as the use of robotic solutions grew
in several industrial sectors, including the automotive industries, the market
soon saw a large surge in demand. During the post-pandemic phase, the market
will experience healthy expansion and will make up for the loss with stronger
demand.
Key
Players
Some
of the key market players are.
·
Universal Robots A/S
·
Kawasaki Heavy Industries Ltd
·
BOSTON DYNAMICS
·
iROBOT Corporation
·
Nachi-Fujikoshi Corp
·
Honda Motor Co. Ltd
·
Mitsubishi Electric Corporation
·
ABB Limited
·
Sony Corporation
·
Northrop Grumman Corporation
·
Kuka AG
·
Omron Corporation.
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Report
Scope:
Report Attribute/Metric |
Details |
Market
Size in 2030 |
USD
214.60 billion |
Growth rate: |
CAGR of 22.80% from 2022 to 2030 |
Forecast
Period |
2022-2030
|
Report Coverage |
Revenue
Forecast, Competitive Landscape, Growth Factors, and Trends |
Robotics
Market USP Covered
Robotics Market Regional Analysis
The
largest market share over the past few years has been observed in Asia Pacific.
The North American Region was the first to use industrial robots. Due to its
higher rate of robot adoption, the U.S. is the top nation. The demand for
service robots, industrial robots, interactive entertainment robots, and
instructional robots was also seen in the European region. The top four
industrial robot-using nations in Europe are Germany, Sweden, Italy, and
Denmark. Europe's regional market is expanding as a result of the continent's
rapid adoption of robotics in both the home and industrial sectors.
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Robotics Market Segmentation
The
Global Robotics market has been segmented into Types, Mobility, and End-Users.
Based
on the Types, the market has been segmented into SCARA, Cartesian, Articulated,
Cylindrical, Parallel, and Others.
Based
on Mobility, the market has been segmented into
Fixed Robots, Mobile Robots.
Based
on the End-Users, the market has been segmented into Medical, Entertainment,
Logistics, Field, Defense, Public Safety, Manufacturing, and Others.
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