Smart Robots Market

Category : Information & Communication Technology Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 231

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Smart Robots Market Overview

The report is titled as ‘Smart Robots Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the smart robots market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. The smart robots market is expected to grow with significant rate in the near future.

The global smart robots market in 2020 is estimated for more than US$ 5.9 Bn and expected to reach a value of US$ 30.1 Bn by 2028 with a significant CAGR of 22.6%

Smart Robots Introduction

In the present-day world, robots have replaced the application of humans in various industries in accomplishment of jobs that are repetitive, dangerous, or where humans are incompetent of operating owing to body restraints, or jobs that need to be performed in extreme environments such as the bottom of the sea or outer space.

In addition, the robots are designed technologically advanced and smart in order to carry out specific tasks in an efficient and easy manner, which further adds to its numerous applications in various industries.

A smart robot can be perceived as an artificial intelligence (AI) that carries the potential to learn from its personal experience and the surroundings and creates its knowledge and capabilities on the basis on personal’s understanding. It is not necessary that robots are meant to replace the job of man as it can also work alongside the humans and learn from their behavior. Owing to which, smart robots are projected to witness huge demand in several different industries in the forthcoming years.

Smart Robots Market Dynamics

The penetration of artificial intelligence (AI) in numerous industries all across the world and growing demand for applications of AI is one of the key factors that is expected to elevate the growth of the global smart robots market in the near future.

Along with that, the constantly developing domestic service sector in present times and penetration of smart robots in the e-commerce sector is also projected to propel the growth of the global smart robots market in the forthcoming years. In addition to that, the global adoption of smart robots in giant industries like healthcare and hospitality industries, specifically for the elderly assistance, is further expected to give a positive push to the growth of the global smart robots market during the forecast timeframe.

Moreover, the huge potential of smart robots to learn and develop their abilities on their own on the basis of personal understanding and from surroundings is also escalating its demand in the global market, thereby boosting the growth of the global smart robots market.

However, the money-exhaustive initial investment and risk of malfunction are few factors that may hold back the growth of the global smart robots market in the coming years.

Smart Robots Market Key Players

Some of the key participating players in the smart robots market are

•    SoftBank

•    iRobot

•    KUKA

•    ABB

•    Hanson Robotics

•    Amazon

•    Honda Motor

•    FANUC

•    YASKAWA

•    ECA

•    OMRON Adept Technologies

•    Samsung Electronics

•    Intuitive Surgical

•    DeLaval

•    Aethon

•    Rethink Robotics

•    Bluefin Robotics

•    GeckoSystems

•    BLUE FROG ROBOTICS

•    Anki

Smart Robots Market Segmentation

The smart robots market is segmented on the basis of component, industry, service application, and region.

By Component

•    Hardware

o    Sensor

    Gyroscope

    Microphone

    Accelerometer

    Tilt Sensor

    Force/Torque Sensor

    Position Sensor

    Vision/Image Sensor

    Others

o    Actuator

    Electrical

    Pneumatic

    Hydraulic

    Piezoelectric

    Ultrasonic

    Power Source

    Control System/Controller

    Others

•    Software

By Industry

•    Automotive

•    Electronics

•    Food & Beverages

•    Others

By Service Application

•    Personal

o    Domestic

o    Entertainment

o    Others

•    Professional

o    Defense and Security

o    Field

o    Medical

o    Underwater

o    Logistics

o    Telepresence

o    Inspection and Maintenance

o    Others

By Region

•    North America

•    Latin America

•    Europe

•    Asia Pacific

•    Middle East

•    Africa

MMC Overview on Smart Robots Market Report

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Smart Robots market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Smart Robots

•    Advantages of Smart Robots

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make an informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.


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1.    Global Smart Robots Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Smart Robots Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Smart Robots Market Snapshot

2.4.    Global Smart Robots Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Smart Robots Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Smart Robots Market, By Component

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Component

3.1.2.    BPS Analysis, By Component

3.2.    Market Revenue (US$Mn) Forecast, By Component

3.2.1.    Hardware

3.2.1.1.    Sensor

3.2.1.1.1.    Gyroscope

3.2.1.1.2.    Microphone

3.2.1.1.3.    Accelerometer

3.2.1.1.4.    Tilt Sensor

3.2.1.1.5.    Force/Torque Sensor

3.2.1.1.6.    Position Sensor

3.2.1.1.7.    Vision/Image Sensor

3.2.1.1.8.    Others

3.2.1.2.    Actuator

3.2.1.2.1.    Electrical

3.2.1.2.2.    Pneumatic

3.2.1.2.3.    Hydraulic

3.2.1.2.4.    Piezoelectric

3.2.1.2.5.    Ultrasonic

3.2.1.2.6.    Power Source

3.2.1.2.7.    Control System/Controller

3.2.1.2.8.    Others

3.2.2.    Software

3.3.    Global Smart Robots Market Attractiveness Index, By Component

4.    Global Smart Robots Market, By Industry

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Industry

4.1.2.    BPS Analysis, By Industry

4.2.    Market Revenue (US$Mn) Forecast, By Industry

4.2.1.    Automotive

4.2.2.    Electronics

4.2.3.    Food & Beverages

4.2.4.    Others

4.3.    Global Smart Robots Market Attractiveness Index, By Industry

5.    Global Smart Robots Market, By Service Application

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Service Application

5.1.2.    BPS Analysis, By Service Application

5.2.    Market Revenue (US$Mn) Forecast, By Service Application

5.2.1.    Personal

5.2.1.1.    Domestic

5.2.1.2.    Entertainment

5.2.1.3.    Others

5.2.2.    Professional

5.2.2.1.    Defense and Security

5.2.2.2.    Field

5.2.2.3.    Medical

5.2.2.4.    Underwater

5.2.2.5.    Logistics

5.2.2.6.    Telepresence

5.2.2.7.    Inspection and Maintenance

5.2.2.8.    Others

5.3.    Global Smart Robots Market Attractiveness Index, By Service Application

6.    Global Smart Robots Market, By Region

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Region

6.1.2.    BPS Analysis, By Region

6.2.    Market Revenue (US$Mn) Forecast, By Region

6.2.1.    North America

6.2.2.    Latin America

6.2.3.    Europe

6.2.4.    Asia Pacific

6.2.5.    Middle East

6.2.6.    Africa

6.3.    Global Smart Robots Market Attractiveness Index, By Region

7.    North America Smart Robots Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market Revenue (US$Mn) Forecast, By Country

7.2.1.    U.S. Smart Robots Market

7.2.2.    Canada Smart Robots Market

7.3.    North America Smart Robots Market, By Component

7.3.1.    Hardware

7.3.1.1.    Sensor

7.3.1.1.1.    Gyroscope

7.3.1.1.2.    Microphone

7.3.1.1.3.    Accelerometer

7.3.1.1.4.    Tilt Sensor

7.3.1.1.5.    Force/Torque Sensor

7.3.1.1.6.    Position Sensor

7.3.1.1.7.    Vision/Image Sensor

7.3.1.1.8.    Others

7.3.1.2.    Actuator

7.3.1.2.1.    Electrical

7.3.1.2.2.    Pneumatic

7.3.1.2.3.    Hydraulic

7.3.1.2.4.    Piezoelectric

7.3.1.2.5.    Ultrasonic

7.3.1.2.6.    Power Source

7.3.1.2.7.    Control System/Controller

7.3.1.2.8.    Others

7.3.2.    Software

7.4.    North America Smart Robots Market, By Industry

7.4.1.    Automotive

7.4.2.    Electronics

7.4.3.    Food & Beverages

7.4.4.    Others

7.5.    North America Smart Robots Market, By Service Application

7.5.1.    Personal

7.5.1.1.    Domestic

7.5.1.2.    Entertainment

7.5.1.3.    Others

7.5.2.    Professional

7.5.2.1.    Defense and Security

7.5.2.2.    Field

7.5.2.3.    Medical

7.5.2.4.    Underwater

7.5.2.5.    Logistics

7.5.2.6.    Telepresence

7.5.2.7.    Inspection and Maintenance

7.5.3.    Others

7.6.    North America Smart Robots Market Attractiveness Index

7.6.1.    By Country

7.6.2.    By Component

7.6.3.    By Service Application

7.6.4.    By Industry

8.    Latin America Smart Robots Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

8.2.1.    Brazil Smart Robots Market

8.2.2.    Mexico Smart Robots Market

8.2.3.    Argentina Smart Robots Market

8.2.4.    Rest of Latin America Smart Robots Market

8.3.    Latin America Smart Robots Market, By Component

8.3.1.    Hardware

8.3.1.1.    Sensor

8.3.1.1.1.    Gyroscope

8.3.1.1.2.    Microphone

8.3.1.1.3.    Accelerometer

8.3.1.1.4.    Tilt Sensor

8.3.1.1.5.    Force/Torque Sensor

8.3.1.1.6.    Position Sensor

8.3.1.1.7.    Vision/Image Sensor

8.3.1.1.8.    Others

8.3.1.2.    Actuator

8.3.1.2.1.    Electrical

8.3.1.2.2.    Pneumatic

8.3.1.2.3.    Hydraulic

8.3.1.2.4.    Piezoelectric

8.3.1.2.5.    Ultrasonic

8.3.1.2.6.    Power Source

8.3.1.2.7.    Control System/Controller

8.3.1.2.8.    Others

8.3.2.    Software

8.4.    Latin America Smart Robots Market, By Industry

8.4.1.    Automotive

8.4.2.    Electronics

8.4.3.    Food & Beverages

8.4.4.    Others

8.5.    Latin America Smart Robots Market, By Service Application

8.5.1.    Personal

8.5.1.1.    Domestic

8.5.1.2.    Entertainment

8.5.1.3.    Others

8.5.2.    Professional

8.5.2.1.    Defense and Security

8.5.2.2.    Field

8.5.2.3.    Medical

8.5.2.4.    Underwater

8.5.2.5.    Logistics

8.5.2.6.    Telepresence

8.5.2.7.    Inspection and Maintenance

8.5.3.    Others

8.6.    Latin America Smart Robots Market Attractiveness Index

8.6.1.    By Country

8.6.2.    By Component

8.6.3.    By Service Application

8.6.4.    By Industry

9.    Europe Smart Robots Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

9.2.1.    U.K. Smart Robots Market

9.2.2.    Germany Smart Robots Market

9.2.3.    Italy Smart Robots Market

9.2.4.    France Smart Robots Market

9.2.5.    Spain Smart Robots Market

9.2.6.    Russia Smart Robots Market

9.2.7.    Poland Smart Robots Market

9.2.8.    BENELUX Smart Robots Market

9.2.9.    NORDIC Smart Robots Market

9.2.10.    Rest of Europe Smart Robots Market

9.3.    Europe Smart Robots Market, By Component

9.3.1.    Hardware

9.3.1.1.    Sensor

9.3.1.1.1.    Gyroscope

9.3.1.1.2.    Microphone

9.3.1.1.3.    Accelerometer

9.3.1.1.4.    Tilt Sensor

9.3.1.1.5.    Force/Torque Sensor

9.3.1.1.6.    Position Sensor

9.3.1.1.7.    Vision/Image Sensor

9.3.1.1.8.    Others

9.3.1.2.    Actuator

9.3.1.2.1.    Electrical

9.3.1.2.2.    Pneumatic

9.3.1.2.3.    Hydraulic

9.3.1.2.4.    Piezoelectric

9.3.1.2.5.    Ultrasonic

9.3.1.2.6.    Power Source

9.3.1.2.7.    Control System/Controller

9.3.1.2.8.    Others

9.3.2.    Software

9.4.    Europe Smart Robots Market, By Industry

9.4.1.    Automotive

9.4.2.    Electronics

9.4.3.    Food & Beverages

9.4.4.    Others

9.5.    Europe Smart Robots Market, By Service Application

9.5.1.    Personal

9.5.1.1.    Domestic

9.5.1.2.    Entertainment

9.5.1.3.    Others

9.5.2.    Professional

9.5.2.1.    Defense and Security

9.5.2.2.    Field

9.5.2.3.    Medical

9.5.2.4.    Underwater

9.5.2.5.    Logistics

9.5.2.6.    Telepresence

9.5.2.7.    Inspection and Maintenance

9.5.3.    Others

9.6.    Europe Smart Robots Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Component

9.6.3.    By Service Application

9.6.4.    By Industry

10.    Asia Pacific Smart Robots Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

10.2.1.    China Smart Robots Market

10.2.2.    India Smart Robots Market

10.2.3.    Japan Smart Robots Market

10.2.4.    Australia and New Zealand Smart Robots Market

10.2.5.    South Korea Smart Robots Market

10.2.6.    ASEAN Smart Robots Market

10.2.7.    Rest of Asia Pacific Smart Robots Market

10.3.    Asia Pacific Smart Robots Market, By Component

10.3.1.    Hardware

10.3.1.1.    Sensor

10.3.1.1.1.    Gyroscope

10.3.1.1.2.    Microphone

10.3.1.1.3.    Accelerometer

10.3.1.1.4.    Tilt Sensor

10.3.1.1.5.    Force/Torque Sensor

10.3.1.1.6.    Position Sensor

10.3.1.1.7.    Vision/Image Sensor

10.3.1.1.8.    Others

10.3.1.2.    Actuator

10.3.1.2.1.    Electrical

10.3.1.2.2.    Pneumatic

10.3.1.2.3.    Hydraulic

10.3.1.2.4.    Piezoelectric

10.3.1.2.5.    Ultrasonic

10.3.1.2.6.    Power Source

10.3.1.2.7.    Control System/Controller

10.3.1.2.8.    Others

10.3.2.    Software

10.4.    Asia Pacific Smart Robots Market, By Industry

10.4.1.    Automotive

10.4.2.    Electronics

10.4.3.    Food & Beverages

10.4.4.    Others

10.5.    Asia Pacific Smart Robots Market, By Service Application

10.5.1.    Personal

10.5.1.1.    Domestic

10.5.1.2.    Entertainment

10.5.1.3.    Others

10.5.2.    Professional

10.5.2.1.    Defense and Security

10.5.2.2.    Field

10.5.2.3.    Medical

10.5.2.4.    Underwater

10.5.2.5.    Logistics

10.5.2.6.    Telepresence

10.5.2.7.    Inspection and Maintenance

10.5.3.    Others

10.6.    Asia Pacific Smart Robots Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Component

10.6.3.    By Service Application

10.6.4.    By Industry

11.    Middle East Smart Robots Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

11.2.1.    GCC Countries Smart Robots Market

11.2.2.    Israel Smart Robots Market

11.2.3.    Oman Smart Robots Market

11.2.4.    Rest of Middle East Smart Robots Market

11.3.    Middle East Smart Robots Market, By Component

11.3.1.    Hardware

11.3.1.1.    Sensor

11.3.1.1.1.    Gyroscope

11.3.1.1.2.    Microphone

11.3.1.1.3.    Accelerometer

11.3.1.1.4.    Tilt Sensor

11.3.1.1.5.    Force/Torque Sensor

11.3.1.1.6.    Position Sensor

11.3.1.1.7.    Vision/Image Sensor

11.3.1.1.8.    Others

11.3.1.2.    Actuator

11.3.1.2.1.    Electrical

11.3.1.2.2.    Pneumatic

11.3.1.2.3.    Hydraulic

11.3.1.2.4.    Piezoelectric

11.3.1.2.5.    Ultrasonic

11.3.1.2.6.    Power Source

11.3.1.2.7.    Control System/Controller

11.3.1.2.8.    Others

11.3.2.    Software

11.4.    Middle East Smart Robots Market, By Industry

11.4.1.    Automotive

11.4.2.    Electronics

11.4.3.    Food & Beverages

11.4.4.    Others

11.5.    Middle East Smart Robots Market, By Service Application

11.5.1.    Personal

11.5.1.1.    Domestic

11.5.1.2.    Entertainment

11.5.1.3.    Others

11.5.2.    Professional

11.5.2.1.    Defense and Security

11.5.2.2.    Field

11.5.2.3.    Medical

11.5.2.4.    Underwater

11.5.2.5.    Logistics

11.5.2.6.    Telepresence

11.5.2.7.    Inspection and Maintenance

11.5.3.    Others

11.6.    Middle East Smart Robots Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Component

11.6.3.    By Service Application

11.6.4.    By Industry

12.    Africa Smart Robots Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

12.2.1.    South Africa Smart Robots Market

12.2.2.    Egypt Smart Robots Market

12.2.3.    North Africa Smart Robots Market

12.2.4.    Rest of Africa Smart Robots Market

12.3.    Africa Smart Robots Market, By Component

12.3.1.    Hardware

12.3.1.1.    Sensor

12.3.1.1.1.    Gyroscope

12.3.1.1.2.    Microphone

12.3.1.1.3.    Accelerometer

12.3.1.1.4.    Tilt Sensor

12.3.1.1.5.    Force/Torque Sensor

12.3.1.1.6.    Position Sensor

12.3.1.1.7.    Vision/Image Sensor

12.3.1.1.8.    Others

12.3.1.2.    Actuator

12.3.1.2.1.    Electrical

12.3.1.2.2.    Pneumatic

12.3.1.2.3.    Hydraulic

12.3.1.2.4.    Piezoelectric

12.3.1.2.5.    Ultrasonic

12.3.1.2.6.    Power Source

12.3.1.2.7.    Control System/Controller

12.3.1.2.8.    Others

12.3.2.    Software

12.4.    Africa Smart Robots Market, By Industry

12.4.1.    Automotive

12.4.2.    Electronics

12.4.3.    Food & Beverages

12.4.4.    Others

12.5.    Africa Smart Robots Market, By Service Application

12.5.1.    Personal

12.5.1.1.    Domestic

12.5.1.2.    Entertainment

12.5.1.3.    Others

12.5.2.    Professional

12.5.2.1.    Defense and Security

12.5.2.2.    Field

12.5.2.3.    Medical

12.5.2.4.    Underwater

12.5.2.5.    Logistics

12.5.2.6.    Telepresence

12.5.2.7.    Inspection and Maintenance

12.5.3.    Others

12.6.    Africa Smart Robots Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Component

12.6.3.    By Service Application

12.6.4.    By Industry

13.    Recommendation

13.1.    Market Strategy

14.    Competitive Landscape

14.1.    Competition Dashboard

14.2.    List and Company Overview of Global Key Players

14.3.    Company Profiles

14.3.1.    SoftBank

14.3.1.1.    Company Overview

14.3.1.2.    Financial Overview

14.3.1.3.    Product Portfolio

14.3.1.4.    Key Developments

14.3.1.5.    Business Strategies

14.3.2.    iRobot

14.3.3.    KUKA

14.3.4.    ABB

14.3.5.    Hanson Robotics

14.3.6.    Amazon.com

14.3.7.    Honda Motor

14.3.8.    FANUC

14.3.9.    YASKAWA

14.3.10.    ECA

14.3.11.    OMRON Adept Technologies

14.3.12.    Samsung Electronics

14.3.13.    Intuitive Surgical

14.3.14.    DeLaval

14.3.15.    Aethon

14.3.16.    Rethink Robotics

14.3.17.    Bluefin Robotics

14.3.18.    GeckoSystems

14.3.19.    BLUE FROG ROBOTICS

14.3.20.    Anki

15.    Acronyms

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Frequently Asked Questions

The global smart robots market in 2020 is estimated for more than US$ 5.9 Bn and expected to reach a value of US$ 30.1 Bn by 2028 with a significant CAGR of 22.6%

The penetration of artificial intelligence (AI) in numerous industries all across the world and growing demand for applications of AI is one of the key factors that is expected to elevate the growth of the global smart robots market in the near future.

The smart robots market is segmented on the basis of component, industry, service application, and region.

Some of the key participating players in the smart robots market are SoftBank, iRobot, KUKA, ABB, Hanson Robotics, Amazon, Honda Motor, FANUC, YASKAWA, ECA, OMRON Adept Technologies, Samsung Electronics, Intuitive Surgical, DeLaval, Aethon, Rethink Robotics, Bluefin Robotics, GeckoSystems, BLUE FROG ROBOTICS, and Anki



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