PUBLISHER: TechNavio | PRODUCT CODE: 1544412
PUBLISHER: TechNavio | PRODUCT CODE: 1544412
The commercial robotics market is forecasted to grow by USD 31394.2 mn during 2023-2028, accelerating at a CAGR of 26.39% during the forecast period. The report on the commercial robotics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for commercial robotics, increasing adoption of robotics in diverse application fields, and government support for robotics.
Technavio's commercial robotics market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 22.68% |
CAGR | 26.39% |
Incremental Value | $31394.2 mn |
By Application
By Geographical Landscape
This study identifies the integration of iot with robotics as one of the prime reasons driving the commercial robotics market growth during the next few years. Also, rise in demand for drones in military and defense and key developments will lead to sizable demand in the market.
The report on the commercial robotics market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial robotics market vendors that include 3D Robotics Inc., Accuray Inc., AeroVironment Inc., Autel Intelligent Technology Co., General Electric Co., Honda Motor Co. Ltd., Intuitive Surgical Inc., Irobot Corp., KUKA AG, Northrop Grumman Corp., OMRON Corp., Smith and Nephew plc, Yaskawa Electric Corp., Yuneec International Co. Ltd., and Zimmer Biomet Holdings Inc.. Also, the commercial robotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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