Global Smart Robots Market Overview
Smart robot is a 3D perception and artificial intelligence device to augment and assist humans in smart factories. Mainly there are two available system solutions smart robots for quality control and smart robots for human-robot collaboration. The system, thanks to the 3D vision, detect operators’ hands, and recognizes actions in real-time. The rightness of human operations is authenticated by the comparison with a sequence which is well defined; different types of feedback to the operator can be provided regarding the correctness of the procedures. Three good reasons to use smart robots are to reduce the costs related to waste and rework up to 90% through the reduction of human error, to reduce the learning time to 50% and rotate the jobs without losing efficiency.
COVID-19 Impact on the Market:
With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the production segment. Government across the countries has imposed strict lockdown to limit the spread of disease. However, increasing investments by prominent players and other industries has created growth opportunities, during this chaotic situation, to fulfil the demand of suppliers. This report will measure the impact of this pandemic on the smart robot market.
Global Smart Robots Market Dynamics
Rising integration of internet of things in robots for efficient cost prediction and maintenance
Through the “internet of things” (IoT) digital networking of different machines, systems and robots are used to form integrated processes which are pretty smart. Future maintenance is a prediction of possible issues before they are caused. An IoT-based solution allows storing of massive data (terabytes) and using the machine learning algorithms on many computers parallelly. This helps in predicting the possible hazards and pinpoint the failure of the system.
COVID-19 pandemic prompting several industries to adopt automation technologies
Post-COVID-19, manufacturers are anticipated to expand in-house manufacturing via automation preferably than outsource manufacture to reduce global supply chain chances in the future. For instance, SCARA robots market to grow at the highest CAGR during the forecast period.
Global Smart Robots Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be accessible in the report.
Global smart robot market is segmented based upon the by component, mobility, operating environment, application, and by region.
Depending upon the component, the global smart robot market is categorized into hardware and software. Depending upon the mobility, the global market is categorized into stationary and mobile. Depending upon the operating environment, the target market is categorized into ground and underwater. Depending upon the application, the target market is categorized into personal and domestic and professional.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be assessable in the report.
Regionally, the overall industry is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America smart robot market held a dominant position in 2019. In terms of value, it was followed by Europe. The Asia Pacific is expected to witness positive growth owing to increased government funding for research in the life science sector, increasing demand for products and the rising presence of smart robot companies in the region.
Report Scope:
Attribute |
Details |
The base year for estimation |
2020 |
Forecast period |
2020 – 2029 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
Market Segmentation |
By Component- Hardware and Software. By Mobility- Stationary and Mobile By Operating Environment- Ground and Underwater By Application- Personal, Domestic & Professional. |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Type, component, operating environment, mobility, application, and geography |
Segments Covered in the Report:
This report predication revenue growth at global, regional, country levels and serves the analysis of the recent trends and opportunities in each of the sub-segments. For this study, has segmented the global Smart Robot market, by component, by mobility, by operating environment, by application, and by region.
Global Smart Robot Market, By Component,
- Hardware
- Sensors
- Actuators
- Power sources
- Control systems
- Others
- Software
Global Smart Robot Market, By Mobility
- Stationary
- Mobile
Global Smart Robot Market, By Operating Environment
- Ground
- Underwater
Global Smart Robot Market, By Application
- Personal and Domestic
- Professional
Global Smart Robot Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Smart Robots Market Key Players
The key players operating in global smart robot market include iRobot, SoftBank Robotics Group, ABB, KUKA, FANUC, Hanson Robotics, Amazon, YASKAWA, BLUE FROG ROBOTICS, Kongsberg Maritime, Universal Robots, ECA GROUP, DeLaval, Intuitive Surgical, Neato robotics, Bluefin Robotics, Rethink Robotics, Aethon, Samsung Electronics, and GeckoSystems. Prominent players are adopting various startergies to expand their market presence. For instance, in February 2020, ABB and Silicon Valley start-up Covariant (U.S.) partnered to work on warehouse robotics for e-commerce companies like Amazon Inc. (U.S.) and Alibaba Group Holding Ltd. (China).
Global Smart Robots Market Company Profile
-
- iRobot
-
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
-
- SoftBank
- Robotics Group
- ABB
- KUKA
- FANUC
- Hanson Robotics
- Amazon
- YASKAWA
- BLUE FROG ROBOTICS
Global Smart Robots Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Smart Robot Strategies
- Key Questions this Study will Answer
- Market Snippet, By Component
- Market Snippet, By Mobility
- Market Snippet, By Operating Environment
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Smart Robot Market, By Component, 2020 – 2029, (US$ Mn)
- Overview
-
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Segment Trends
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- Overview
- Hardware
-
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
-
- Software
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- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
-
- Global Smart Robot Market, By Mobility, 2020 – 2029, (US$ Mn)
- Overview
-
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Segment Trends
-
- Overview
- Stationary
-
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
-
- Mobile
-
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
-
7. Global Smart Robot Market, By Operating Environment, 2020 – 2029, (US$ Mn)
-
- Overview
-
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Segment Trends
-
- Overview
- Ground
-
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
-
- Underwater
-
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
-
8. Global Smart Robot Market, By Region, 2020 – 2029, (US$ Mn)
-
- Overview
-
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Regional Trends
-
- North America
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Mobility, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Operating Environment, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Mobility, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Operating Environment, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Mobility, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Operating Environment, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Mobility, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Operating Environment, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Mobility, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Operating Environment, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- iRobot
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- iRobot
- SoftBank
- Robotics Group
- ABB
- KUKA
- FANUC
- Hanson Robotics
- Amazon
- YASKAWA
- BLUE FROG ROBOTICS
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- The Last Word
- Future Impact
- About Us
- Contact
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Global Smart Robots Market: Product Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Component
TABLE Global Smart Robots Market, by Component 2019-2029 (USD Million)
TABLE Global Smart Robots Market: Application Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, By Mobility
TABLE Global Smart Robots Market, By Mobility 2019-2029 (USD Million)
TABLE Global Smart Robots Market: Operating Environment Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Operating Environment
TABLE Global Smart Robots Market, by Operating Environment 2019-2029 (USD Million)
TABLE Global Smart Robots Market: Regional snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Smart Robots Market, by Region 2019-2029 (USD Million)
TABLE North America Smart Robots Market, by Country, 2019-2029 (USD Million)
TABLE North America Smart Robots Market, by Component, 2019-2029 (USD Million)
TABLE North America Smart Robots Market, By Mobility, 2019-2029 (USD Million)
TABLE North America Smart Robots Market, by Operating Environment, 2019-2029 (USD Million)
TABLE Europe Smart Robots Market, by Country, 2019-2029 (USD Million)
TABLE Europe Smart Robots Market, by Component, 2019-2029 (USD Million)
TABLE Europe Smart Robots Market, By Mobility, 2019-2029 (USD Million)
TABLE Europe Smart Robots Market, by Operating Environment, 2019-2029 (USD Million)
TABLE Asia Pacific Smart Robots Market, by Country, 2019-2029 (USD Million)
TABLE Asia Pacific Smart Robots Market, by Component, 2019-2029 (USD Million)
TABLE Asia Pacific Smart Robots Market, By Mobility, 2019-2029 (USD Million)
TABLE Asia Pacific Smart Robots Market, by Operating Environment, 2019-2029 (USD Million)
TABLE Latin America Smart Robots Market, by Country, 2019-2029 (USD Million)
TABLE Latin America Smart Robots Market, by Component, 2019-2029 (USD Million)
TABLE Latin America Smart Robots Market, By Mobility, 2019-2029 (USD Million)
TABLE Latin America Smart Robots Market, by Operating Environment, 2019-2029 (USD Million)
TABLE Middle East and Africa Smart Robots Market, by Country, 2019-2029 (USD Million)
TABLE Middle East and Africa Smart Robots Market, by Component, 2019-2029 (USD Million)
TABLE Middle East and Africa Smart Robots Market, By Mobility, 2019-2029 (USD Million)
TABLE Middle East and Africa Smart Robots Market, by Operating Environment, 2019-2029 (USD Million)
List of Figures
FIGURE Smart Robot Market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE COVID-19 Impact Analysis
FIGURE Pre & Post COVID-19 Impact Comparison Study
FIGURE Competitive Landscape; Key company market share analysis, 2019
FIGURE Product segment market share analysis, 2019 & 2029
FIGURE Product segment market size forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Application segment market share analysis, 2019 & 2029
FIGURE Application segment market size forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Operating Environment segment market share analysis, 2019 & 2029
FIGURE Operating Environment segment market size forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Regional segment market share analysis, 2019 & 2029
FIGURE Regional segment market size forecast and trend analysis, 2019-2029 (USD Million)
FIGURE North America Smart Robot Market share and leading players, 2019
FIGURE Europe Smart Robot Market share and leading players, 2019
FIGURE Asia Pacific Smart Robot Market share and leading players, 2019
FIGURE Latin America Smart Robot Market share and leading players, 2019
FIGURE Middle East and Africa Smart Robot Market share and leading players, 2019
FIGURE North America market share analysis by country, 2019
FIGURE U.S. Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Canada Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Europe Smart Robot Market share analysis by country, 2019
FIGURE Germany Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Spain Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Italy Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE UK Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE France Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of the Europe Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Asia Pacific Smart Robot Market share analysis by country, 2019
FIGURE India Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE China Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Japan Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE South Korea Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of APAC Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Latin America Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Latin America Smart Robot Market share analysis by country, 2019
FIGURE Brazil Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Mexico Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Argentina Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of LATAM Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Middle East and Africa Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Middle East and Africa Smart Robot Market share analysis by country, 2019
FIGURE Saudi Arabia Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE United Arab Emirates Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of Middle East and Africa Smart Robot Market size, forecast and trend analysis, 2019-2029 (USD Million)
FAQs
The Smart Robots Market report segments the market been segmented on the basis of component, mobility, operating enviromnet, application, and region.
Through the “internet of things” (IoT) digital networking of different machines, systems and robots are used to form integrated processes which are pretty smart.
North America dominated the overall Smart Robots market.
The leading players operating in the Smart Robots Market includes iRobot, SoftBank Robotics Group, ABB, KUKA, FANUC, Hanson Robotics, Amazon, YASKAWA, BLUE FROG ROBOTICS, Kongsberg Maritime, Universal Robots, ECA GROUP, DeLaval, Intuitive Surgical, Neato robotics, Bluefin Robotics, Rethink Robotics, Aethon, Samsung Electronics, and GeckoSystems.