PUBLISHER: BCC Research | PRODUCT CODE: 1517510
PUBLISHER: BCC Research | PRODUCT CODE: 1517510
The global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2029.
The Asia-Pacific market for robotics is expected to grow from $26.6 billion in 2024 to $61.0 billion by the end of 2029, at a CAGR of 18.0% from 2024 to 2029.
The European market for robotics is expected to grow from $23.5 billion in 2024 to $49.7 billion by the end of 2029, at a CAGR of 16.2% from 2024 to 2029.
The scope of this study encompasses an analysis of various types of robots, which include whole robots, robot parts, robot software and devices and materials. It also examines different applications of robotics, such as manufacturing, healthcare, defense, food processing, chemical and fuel processing, government, education and research, building maintenance, domestic household, agriculture, and construction, among others. It further analyzes the key drivers and regional dynamics of the market, along with current industry trends. The report concludes by providing detailed profiles of the major vendors in the market. The base year for the study is 2023 and projections for the years 2024 through 2029 are included, along with forecasts of the CAGR for the forecast period.
The report provides an overview of the robotics market, focusing on its key components and driving factors. It explores the hardware and software aspects of the market and analyzes the solutions provided by different companies. It further includes a regional analysis, examining the current and future factors influencing the deployment of robotics in North America, Europe, Asia-Pacific and Rest of the World (including Latin America, the Middle East and Africa).
Report Includes