The global robotics market should reach $64.0 billion by 2023 from $38.1 billion in 2018 at a compound annual growth rate (CAGR) of 10.9% for the period 2018-2023.
- 84 data tables and 34 additional tables
- An overview of recent key developments in the global market for robotics technologies and a look ahead at the next five years
- Analyses of global market trends with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Coverage of market data by various segments such as robot types, end-uses, robot-performed task, types of product, application industries and geographical regions, including North America, APAC, EU and other emerging economies
- Study of impact analysis and discussion of technological, regulatory and economic trends that are affecting the robotics technologies’ market
- Evaluation of the market’s competitive dynamics, including critical success factors such as research-and-development capability, installed base, branding, and ecosystem influence and partnerships
- Company profiles of leading manufacturers and suppliers of robotics technologies, including ABB Group, Hitachi Ltd., Panasonic, Samsung, SICK Inc., Toyota Motor Corp. and Yamaha Robotics
Robotics: Technologies and Global Markets (ENG001F) provides both a review of recent key developments in robotics and a forecast that examines the industry from the perspective of robot makers and their traditional and prospective end-users.
Forecasts have been generated by region, by type of robot, by robot user, by robot-assigned task, and by type of robotic product and market region.
Five types of robots are discussed and forecast in this report: industrial robots, professional service robots, military robots, domestic service robots and security robots.
Seventeen types of robot-users are covered: aerospace manufacturing, agricultural, automotive manufacturing, building maintenance, chemical and fuel processing, construction, consumer products manufacturing, education and research, electrical and electronics manufacturing, food processing, government (defense), government (non-defense), healthcare, households, metals, pharmaceutical manufacturing, and textile and clothing manufacturing.
Nineteen robot-performed tasks are examined: assembly; assisted transport; building security; construction and demolition; couriers and guides; dispensing; entertainment; floor maintenance; exterior maintenance; hazardous materials disposal; inspection and sample collection; laboratory bench assistance; material handling; painting, coating and gluing; palletizing and packaging; part cutting and forming; surgery; surveillance; and welding and soldering.
Four robotic products groups are reviewed: whole robots, robot parts, robot software and robot safety materials.
BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.
The global robotics market reached nearly $24.9 billion in 2015. The market should reach over $25.9 billion and $31.5 billion in 2016 and 2021 respectively, increasing at a compound annual growth rate (CAGR) of 4.0% from 2016 to 2021.
- An overview of recent key developments in the global market for robotics and a look ahead at the next five years.
- Analyses of global market trends, with data from 2015, 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- A review of the history of the robotics industry, and of the six basic types of robots: industrial, domestic service, professional service, security, space, and military.
- Examination of the basic technology and components (e.g., power supplies, end effectors) that are required on all types of robots.
- Discussion of the broader economic, national policy, and industrial development issues that support, and in some cases, impede the adoption of robotic technology.
- A developmental perspective of the robotics industry, as documented by its patent history.
- Profiles of major players in the industry.
The market for whole robots, robot parts, robot software, and related safety materials now approaches $22 billion. BCC Research forecasts it will rise at a five-year compound annual growth rate (CAGR) of 5.9% between 2013 and 2018, when it’s expected to surpass $29 billion.
- An overview of recent key developments in the global market for robotics and a look ahead at the next five years
- Analyses of global market trends, with data from 2011 and 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018
- A review of the history of the robotics industry, and of the six basic types of robots: industrial, domestic service, professional service, security, space, and military
- Examination of the basic technology and components (e.g., power supplies, end effectors) that are required on all types of robots
- Discussion of the broader economic, national policy, and industrial development issues that support, and in some cases, impede the adoption of robotic technology
- A developmental perspective of the robotics industry, as documented by its patent history
- Comprehensive company profiles of major players in the industry.
The global demand for robots and robot-related products was worth around $21 billion in 2010. The market is expected to grow to nearly $22 billion in 2011 and $30 billion by 2016, a compound annual growth rate (CAGR) of 6.7% between 2011 and 2016.
- The global robotics industry was worth $17.3 billion in 2008 and an estimated $17.6 billion in 2009. This should reach $21.4 billion in 2014, for a compound annual growth rate (CAGR) of 4.0%.
- The industrial robots segment is the largest segment, worth $11.5 billion in 2008. This is expected to decrease slightly to $10.5 billion in 2009, and then grow at a CAGR of 2.8% to reach $12.1 billion in 2014.
- Professional service robots is the second largest segment, generating $3.3 billion in 2008. This should increase to $4.0 billion in 2009 and $5.4 billion in 2014, for a CAGR of 6.0%.
By 2007, the robotics market will be a $16 billion industry.
Great gains will be seen in the realm of nanopositioning robotic tools.
Robots that perform hazardous and tedious duties will see extremely attractive growth rates.
Autonomous mechanical creatures will find their way into current environments.
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