Press release
Robotics Market - Static Robotics Segment to Continue to Witness Significant Demand
The global market for robotics is expected to display double-digit growth in the upcoming years, thanks to the increasing automation across industries. Automation is increasingly becoming the buzzword across labor-intensive industries that are grappling with rising labor costs and lack of skilled workforce issues. This has pushed the adoption of robotic technology to automate operations. Industrial robots, for instance, are deployed in manufacturing and production settings to perform an array of programmed tasks.As per estimates of a report by Transparency Market Research (TMR), the global robotics market will attract a revenue worth US$147.26 bn by 2025 end rising at a healthy 17.4% CAGR over the forecast period from 2017 to 2025. The market was evaluated at US$35.23 bn in 2016. In terms of volume, the market is expected to reach an amount of 2,731.2 thousand units by 2025.
Fill the form for an exclusive sample of this report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32000
Static Robotics Segment to Continue to Witness Significant Demand
The key segments of the worldwide robotics market depending upon type are mobile robotics, exoskeleton, and static robotics. Of them, in 2016, the segment of static robotics led the market in terms of both value and volume. Going ahead, the static robotics segment is anticipated to register the leading growth rate over the forecast period between 2017 and 2025.
The prime applications of robotic products include logistics, personal, military, last mile mobility, agriculture, construction/mining, entertainment, medical, research, and others. The other segment comprises automotive, aerospace, and food processing among others. The logistics segment has emerged as a significant application of robotic products and is anticipated to continue as the leading application segment in the next couple of years.
The leading component segments of the global robotics market considered in this study are sensors, control units, actuators, brake systems, vision systems, and others. In 2016, sensors led the market followed by vision systems. With the increasing demand for enhanced sensing capabilities of robots, sensors are anticipated to display significant growth over the forecast period.
Browse Research Report @
https://www.transparencymarketresearch.com/robotics-market.html
Asia Pacific to Display Robust Growth Rate through 2025
The robotics market is classified on the basis of geography into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Asia Pacific held the leading share in the robotics market in 2016 and is anticipated to rise at a significant rate over the forecast period of 2017 to 2025. This is mainly because of incessant innovation and development in the field of robotics leading to its widespread application across industries. The Asia Pacific robotics market is also anticipated to gain from the advent of nano-technology in robotics in the future. Moreover, the introduction of collaborative robots that have substantially upped productivity in manufacturing, material handling, medical, and automotive sectors with less human labor will benefit the growth of this regional market over the forthcoming years.
North America is estimated to display a relatively higher-paced growth in the upcoming years. The region being home to a large number of robot manufacturers, along with contracts from government agencies and defense forces, is leading to consistent innovation and development in robotics technologies, which is aiding the growth of North America robotics market. Further, the increasing uptake of service robots among consumers to reduce workload is also expected to benefit the North America robotics market in the next few years.
The report profiles leading players in the global robotics market, namely Fanuc Corporation, Clearpath Robotics Inc., Barrett Technology LLC, John Deere, Kuka AG, Honda Motor Co. Ltd., Boeing, Bossa Nova Robotics, Seegrid Corporation, Aetheon Inc., Google Inc., Swisslog, Northrop Grumman Corporation, iRobot Corporation, Lowe’s, Omron Adept Technologies, Amazon, Fetch Robotics Inc., and Savioke, Locus Robotics.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Robotics Market - Static Robotics Segment to Continue to Witness Significant Demand here
News-ID: 821734 • Views: …
More Releases from Transparency Market Research
Global Preventive Healthcare Technologies and Services Market Outlook 2034: Indu …
The global preventive healthcare technologies and services market has entered a transformative era, shaped by the increasing shift from curative to preventive care, rapid technological advancements, and growing consumer awareness. Valued at US$ 260.2 billion in 2023, the industry is forecast to expand at an impressive CAGR of 10.6% from 2024 to 2034, ultimately exceeding US$ 773.1 billion by 2034. This robust expansion is driven by innovations in early disease…
Heat Seal Films Market for Flexible Packaging Forecast to Reach US$ 1.8 Billion …
The global Heat Seal Films Market for Flexible Packaging is projected to grow from US$ 1.1 billion in 2023 to US$ 1.8 billion by 2034, registering a compound annual growth rate (CAGR) of 4.8% over the forecast period of 2024-2034. Heat seal films - polymeric films engineered to create strong, tamper-evident and moisture-resistant seals - are increasingly central to modern flexible packaging as manufacturers balance product protection, process speed and…
Water Soluble Polymer Market to Reach USD 66.3 Billion by 2034 Amid Rising Deman …
The global Water Soluble Polymer Market is set for sustained expansion over the next decade, with market valuation projected to rise from US$ 36.4 billion in 2023 to US$ 66.3 billion by 2034, growing at a CAGR of 5.7% between 2024 and 2034. The rising global focus on water conservation, sustainable wastewater management, eco-friendly materials, and advanced industrial processes is driving the adoption of water-soluble polymers across a wide range…
Global Livestream E-Commerce Market Outlook 2035: How the Industry Surges from U …
The global livestream e-commerce market is undergoing one of the most significant transformations in the digital retail industry. Valued at US$ 940.3 Bn in 2024, the sector has experienced rapid adoption driven by evolving consumer behavior, social commerce expansion, and the blend of entertainment with online shopping. According to forecasts, the market is expected to grow at an impressive CAGR of 18.5% from 2025 to 2035, ultimately reaching a massive…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
