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According to Stratistics MRC, the Global Smart Robots Market is accounted for $3.57 billion in 2017 and is expected to reach $28.61 billion by 2026 growing at a CAGR of 26.02% during the forecast period. The increasing implementation of autonomous robots for specialized services, rising investments toward industrial automation and rising technological advancements in the field of robotics are some of the key driving factors for the market growth. However, high initial R&D expenditure and safety concerns due to complex high-level interfacing are hampering the market growth. Moreover, increase in demand for private services and acceptance of IoT on broad level are generating ample of opportunities for smart robots market.
Smart Robots is a tool that provides optimal organization of an environment where human being operates and robots work side by side. It allows real-time mapping of the workplace, discerning of substances, people’s movements, actions & gestures and communicate with them, by adapting the actions of the robots to which it is linked. Moreover, they are intended to carry out special tasks for industrial, professional and personal applications such as pool cleaning and elderly assistance etc. It makes use of artificial intelligence (AI) and is operational without help of human inputs.
By component, software segment is anticipated to grow at a significant CAGR attributed to the technological developments will lead to the rising complexity in terms of characteristics such as artificial intelligence (AI), inter-device connectivity and autonomous operations. It will aid the complex functionalities to process efficiently and precisely. By geography, Asia Pacific region is expected to dominate the market during the forecast period due to the penetration of nations such as India and China in this market. Moreover, this region also comprises various smart robot vendors such as Honda Motors Ltd and Yaskawa Electric Corporation which will further propel the growth of the market in Asia Pacific.
Some of the key players profiled in the Smart Robots Market include Irobot Corporation, ABB, Amazon.Com, Fanuc, Omron Adept Technologies, Samsung Electronics, Yaskawa Electric, Honda Motor, Hanson Robotics, Kuka, Softbank, Aethon, Rethink Robotics, Intuitive Surgical, Anki and Geckosystems.
Industrial Applications Covered:
• Electronics
• Food & Beverages
• Automotive
• Other Industrial Application
Components Covered:
• Hardware
• Software
Service Applications Covered:
• Professional
• Personal
Regions Covered:
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Robots Market, By Industrial Application
5.1 Introduction
5.2 Electronics
5.3 Food & Beverages
5.4 Automotive
5.5 Other Industrial Applications
6 Global Smart Robots Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Sensor
6.2.1.1 Microphone
6.2.1.2 Tilt Sensor
6.2.1.3 Position Sensor
6.2.1.4 Vision/Image Sensor
6.2.1.5 Force/Torque Sensor
6.2.1.6 Accelerometer
6.2.1.7 Gyroscope
6.2.1.8 Other Components
6.2.2 Power Source
6.2.3 Actuator
6.2.3.1 Electrical
6.2.3.2 Ultrasonic
6.2.3.3 Pneumatic
6.2.3.4 Piezoelectric
6.2.3.5 Hydraulic
6.2.4 Control System/Controller
6.2.5 Other Hardwares
6.3 Software
7 Global Smart Robots Market, By Service Application
7.1 Introduction
7.2 Professional
7.2.1 Inspection and Maintenance
7.2.2 Medical
7.2.3 Defense and Security
7.2.4 Underwater
7.2.5 Field
7.2.6 Telepresence
7.2.7 Logistics
7.2.8 Other Professional Services
7.3 Personal
7.3.1 Entertainment
7.3.2 Domestic
7.3.3 Other Personal Services
8 Global Smart Robots Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 iRobot Corporation
10.2 ABB
10.3 Amazon.Com
10.4 Fanuc
10.5 Omron Adept Technologies
10.6 Samsung Electronics
10.7 Yaskawa Electric
10.8 Honda Motor
10.9 Hanson Robotics
10.10 Kuka
10.11 SoftBank Group Corp
10.12 Aethon
10.13 Rethink Robotics
10.14 Intuitive Surgical Inc
10.15 Anki
10.16 Geckosystems
List Of Tables
1 Global Smart Robots Market Outlook, By Region (2016-2026) ($MN)
2 Global Smart Robots Market Outlook, By Industrial Application (2016-2026) ($MN)
3 Global Smart Robots Market Outlook, By Electronics (2016-2026) ($MN)
4 Global Smart Robots Market Outlook, By Food & Beverages (2016-2026) ($MN)
5 Global Smart Robots Market Outlook, By Automotive (2016-2026) ($MN)
6 Global Smart Robots Market Outlook, By Other Industrial Applications (2016-2026) ($MN)
7 Global Smart Robots Market Outlook, By Component (2016-2026) ($MN)
8 Global Smart Robots Market Outlook, By Hardware (2016-2026) ($MN)
9 Global Smart Robots Market Outlook, By Sensor (2016-2026) ($MN)
10 Global Smart Robots Market Outlook, By Power Source (2016-2026) ($MN)
11 Global Smart Robots Market Outlook, By Actuator (2016-2026) ($MN)
12 Global Smart Robots Market Outlook, By Control System/Controller (2016-2026) ($MN)
13 Global Smart Robots Market Outlook, By Other Hardwares (2016-2026) ($MN)
14 Global Smart Robots Market Outlook, By Software (2016-2026) ($MN)
15 Global Smart Robots Market Outlook, By Service Application (2016-2026) ($MN)
16 Global Smart Robots Market Outlook, By Professional (2016-2026) ($MN)
17 Global Smart Robots Market Outlook, By Inspection and Maintenance (2016-2026) ($MN)
18 Global Smart Robots Market Outlook, By Medical (2016-2026) ($MN)
19 Global Smart Robots Market Outlook, By Defense and Security (2016-2026) ($MN)
20 Global Smart Robots Market Outlook, By Underwater (2016-2026) ($MN)
21 Global Smart Robots Market Outlook, By Field (2016-2026) ($MN)
22 Global Smart Robots Market Outlook, By Telepresence (2016-2026) ($MN)
23 Global Smart Robots Market Outlook, By Logistics (2016-2026) ($MN)
24 Global Smart Robots Market Outlook, By Other Professional Services (2016-2026) ($MN)
25 Global Smart Robots Market Outlook, By Personal (2016-2026) ($MN)
26 Global Smart Robots Market Outlook, By Entertainment (2016-2026) ($MN)
27 Global Smart Robots Market Outlook, By Domestic (2016-2026) ($MN)
28 Global Smart Robots Market Outlook, By Other Personal Services (2016-2026) ($MN)
29 North America Smart Robots Market Outlook, By Country (2016-2026) ($MN)
30 North America Smart Robots Market Outlook, By Industrial Application (2016-2026) ($MN)
31 North America Smart Robots Market Outlook, By Electronics (2016-2026) ($MN)
32 North America Smart Robots Market Outlook, By Food & Beverages (2016-2026) ($MN)
33 North America Smart Robots Market Outlook, By Automotive (2016-2026) ($MN)
34 North America Smart Robots Market Outlook, By Other Industrial Applications (2016-2026) ($MN)
35 North America Smart Robots Market Outlook, By Component (2016-2026) ($MN)
36 North America Smart Robots Market Outlook, By Hardware (2016-2026) ($MN)
37 North America Smart Robots Market Outlook, By Sensor (2016-2026) ($MN)
38 North America Smart Robots Market Outlook, By Power Source (2016-2026) ($MN)
39 North America Smart Robots Market Outlook, By Actuator (2016-2026) ($MN)
40 North America Smart Robots Market Outlook, By Control System/Controller (2016-2026) ($MN)
41 North America Smart Robots Market Outlook, By Other Hardwares (2016-2026) ($MN)
42 North America Smart Robots Market Outlook, By Software (2016-2026) ($MN)
43 North America Smart Robots Market Outlook, By Service Application (2016-2026) ($MN)
44 North America Smart Robots Market Outlook, By Professional (2016-2026) ($MN)
45 North America Smart Robots Market Outlook, By Inspection and Maintenance (2016-2026) ($MN)
46 North America Smart Robots Market Outlook, By Medical (2016-2026) ($MN)
47 North America Smart Robots Market Outlook, By Defense and Security (2016-2026) ($MN)
48 North America Smart Robots Market Outlook, By Underwater (2016-2026) ($MN)
49 North America Smart Robots Market Outlook, By Field (2016-2026) ($MN)
50 North America Smart Robots Market Outlook, By Telepresence (2016-2026) ($MN)
51 North America Smart Robots Market Outlook, By Logistics (2016-2026) ($MN)
52 North America Smart Robots Market Outlook, By Other Professional Services (2016-2026) ($MN)
53 North America Smart Robots Market Outlook, By Personal (2016-2026) ($MN)
54 North America Smart Robots Market Outlook, By Entertainment (2016-2026) ($MN)
55 North America Smart Robots Market Outlook, By Domestic (2016-2026) ($MN)
56 North America Smart Robots Market Outlook, By Other Personal Services (2016-2026) ($MN)
57 Europe Smart Robots Market Outlook, By Country (2016-2026) ($MN)
58 Europe Smart Robots Market Outlook, By Industrial Application (2016-2026) ($MN)
59 Europe Smart Robots Market Outlook, By Electronics (2016-2026) ($MN)
60 Europe Smart Robots Market Outlook, By Food & Beverages (2016-2026) ($MN)
61 Europe Smart Robots Market Outlook, By Automotive (2016-2026) ($MN)
62 Europe Smart Robots Market Outlook, By Other Industrial Applications (2016-2026) ($MN)
63 Europe Smart Robots Market Outlook, By Component (2016-2026) ($MN)
64 Europe Smart Robots Market Outlook, By Hardware (2016-2026) ($MN)
65 Europe Smart Robots Market Outlook, By Sensor (2016-2026) ($MN)
66 Europe Smart Robots Market Outlook, By Power Source (2016-2026) ($MN)
67 Europe Smart Robots Market Outlook, By Actuator (2016-2026) ($MN)
68 Europe Smart Robots Market Outlook, By Control System/Controller (2016-2026) ($MN)
69 Europe Smart Robots Market Outlook, By Other Hardwares (2016-2026) ($MN)
70 Europe Smart Robots Market Outlook, By Software (2016-2026) ($MN)
71 Europe Smart Robots Market Outlook, By Service Application (2016-2026) ($MN)
72 Europe Smart Robots Market Outlook, By Professional (2016-2026) ($MN)
73 Europe Smart Robots Market Outlook, By Inspection and Maintenance (2016-2026) ($MN)
74 Europe Smart Robots Market Outlook, By Medical (2016-2026) ($MN)
75 Europe Smart Robots Market Outlook, By Defense and Security (2016-2026) ($MN)
76 Europe Smart Robots Market Outlook, By Underwater (2016-2026) ($MN)
77 Europe Smart Robots Market Outlook, By Field (2016-2026) ($MN)
78 Europe Smart Robots Market Outlook, By Telepresence (2016-2026) ($MN)
79 Europe Smart Robots Market Outlook, By Logistics (2016-2026) ($MN)
80 Europe Smart Robots Market Outlook, By Other Professional Services (2016-2026) ($MN)
81 Europe Smart Robots Market Outlook, By Personal (2016-2026) ($MN)
82 Europe Smart Robots Market Outlook, By Entertainment (2016-2026) ($MN)
83 Europe Smart Robots Market Outlook, By Domestic (2016-2026) ($MN)
84 Europe Smart Robots Market Outlook, By Other Personal Services (2016-2026) ($MN)
85 Asia Pacific Smart Robots Market Outlook, By Country (2016-2026) ($MN)
86 Asia Pacific Smart Robots Market Outlook, By Industrial Application (2016-2026) ($MN)
87 Asia Pacific Smart Robots Market Outlook, By Electronics (2016-2026) ($MN)
88 Asia Pacific Smart Robots Market Outlook, By Food & Beverages (2016-2026) ($MN)
89 Asia Pacific Smart Robots Market Outlook, By Automotive (2016-2026) ($MN)
90 Asia Pacific Smart Robots Market Outlook, By Other Industrial Applications (2016-2026) ($MN)
91 Asia Pacific Smart Robots Market Outlook, By Component (2016-2026) ($MN)
92 Asia Pacific Smart Robots Market Outlook, By Hardware (2016-2026) ($MN)
93 Asia Pacific Smart Robots Market Outlook, By Sensor (2016-2026) ($MN)
94 Asia Pacific Smart Robots Market Outlook, By Power Source (2016-2026) ($MN)
95 Asia Pacific Smart Robots Market Outlook, By Actuator (2016-2026) ($MN)
96 Asia Pacific Smart Robots Market Outlook, By Control System/Controller (2016-2026) ($MN)
97 Asia Pacific Smart Robots Market Outlook, By Other Hardwares (2016-2026) ($MN)
98 Asia Pacific Smart Robots Market Outlook, By Software (2016-2026) ($MN)
99 Asia Pacific Smart Robots Market Outlook, By Service Application (2016-2026) ($MN)
100 Asia Pacific Smart Robots Market Outlook, By Professional (2016-2026) ($MN)
101 Asia Pacific Smart Robots Market Outlook, By Inspection and Maintenance (2016-2026) ($MN)
102 Asia Pacific Smart Robots Market Outlook, By Medical (2016-2026) ($MN)
103 Asia Pacific Smart Robots Market Outlook, By Defense and Security (2016-2026) ($MN)
104 Asia Pacific Smart Robots Market Outlook, By Underwater (2016-2026) ($MN)
105 Asia Pacific Smart Robots Market Outlook, By Field (2016-2026) ($MN)
106 Asia Pacific Smart Robots Market Outlook, By Telepresence (2016-2026) ($MN)
107 Asia Pacific Smart Robots Market Outlook, By Logistics (2016-2026) ($MN)
108 Asia Pacific Smart Robots Market Outlook, By Other Professional Services (2016-2026) ($MN)
109 Asia Pacific Smart Robots Market Outlook, By Personal (2016-2026) ($MN)
110 Asia Pacific Smart Robots Market Outlook, By Entertainment (2016-2026) ($MN)
111 Asia Pacific Smart Robots Market Outlook, By Domestic (2016-2026) ($MN)
112 Asia Pacific Smart Robots Market Outlook, By Other Personal Services (2016-2026) ($MN)
113 South America Smart Robots Market Outlook, By Country (2016-2026) ($MN)
114 South America Smart Robots Market Outlook, By Industrial Application (2016-2026) ($MN)
115 South America Smart Robots Market Outlook, By Electronics (2016-2026) ($MN)
116 South America Smart Robots Market Outlook, By Food & Beverages (2016-2026) ($MN)
117 South America Smart Robots Market Outlook, By Automotive (2016-2026) ($MN)
118 South America Smart Robots Market Outlook, By Other Industrial Applications (2016-2026) ($MN)
119 South America Smart Robots Market Outlook, By Component (2016-2026) ($MN)
120 South America Smart Robots Market Outlook, By Hardware (2016-2026) ($MN)
121 South America Smart Robots Market Outlook, By Sensor (2016-2026) ($MN)
122 South America Smart Robots Market Outlook, By Power Source (2016-2026) ($MN)
123 South America Smart Robots Market Outlook, By Actuator (2016-2026) ($MN)
124 South America Smart Robots Market Outlook, By Control System/Controller (2016-2026) ($MN)
125 South America Smart Robots Market Outlook, By Other Hardwares (2016-2026) ($MN)
126 South America Smart Robots Market Outlook, By Software (2016-2026) ($MN)
127 South America Smart Robots Market Outlook, By Service Application (2016-2026) ($MN)
128 South America Smart Robots Market Outlook, By Professional (2016-2026) ($MN)
129 South America Smart Robots Market Outlook, By Inspection and Maintenance (2016-2026) ($MN)
130 South America Smart Robots Market Outlook, By Medical (2016-2026) ($MN)
131 South America Smart Robots Market Outlook, By Defense and Security (2016-2026) ($MN)
132 South America Smart Robots Market Outlook, By Underwater (2016-2026) ($MN)
133 South America Smart Robots Market Outlook, By Field (2016-2026) ($MN)
134 South America Smart Robots Market Outlook, By Telepresence (2016-2026) ($MN)
135 South America Smart Robots Market Outlook, By Logistics (2016-2026) ($MN)
136 South America Smart Robots Market Outlook, By Other Professional Services (2016-2026) ($MN)
137 South America Smart Robots Market Outlook, By Personal (2016-2026) ($MN)
138 South America Smart Robots Market Outlook, By Entertainment (2016-2026) ($MN)
139 South America Smart Robots Market Outlook, By Domestic (2016-2026) ($MN)
140 South America Smart Robots Market Outlook, By Other Personal Services (2016-2026) ($MN)
141 Middle East & Africa Smart Robots Market Outlook, By Country (2016-2026) ($MN)
142 Middle East & Africa Smart Robots Market Outlook, By Industrial Application (2016-2026) ($MN)
143 Middle East & Africa Smart Robots Market Outlook, By Electronics (2016-2026) ($MN)
144 Middle East & Africa Smart Robots Market Outlook, By Food & Beverages (2016-2026) ($MN)
145 Middle East & Africa Smart Robots Market Outlook, By Automotive (2016-2026) ($MN)
146 Middle East & Africa Smart Robots Market Outlook, By Other Industrial Applications (2016-2026) ($MN)
147 Middle East & Africa Smart Robots Market Outlook, By Component (2016-2026) ($MN)
148 Middle East & Africa Smart Robots Market Outlook, By Hardware (2016-2026) ($MN)
149 Middle East & Africa Smart Robots Market Outlook, By Sensor (2016-2026) ($MN)
150 Middle East & Africa Smart Robots Market Outlook, By Power Source (2016-2026) ($MN)
151 Middle East & Africa Smart Robots Market Outlook, By Actuator (2016-2026) ($MN)
152 Middle East & Africa Smart Robots Market Outlook, By Control System/Controller (2016-2026) ($MN)
153 Middle East & Africa Smart Robots Market Outlook, By Other Hardwares (2016-2026) ($MN)
154 Middle East & Africa Smart Robots Market Outlook, By Software (2016-2026) ($MN)
155 Middle East & Africa Smart Robots Market Outlook, By Service Application (2016-2026) ($MN)
156 Middle East & Africa Smart Robots Market Outlook, By Professional (2016-2026) ($MN)
157 Middle East & Africa Smart Robots Market Outlook, By Inspection and Maintenance (2016-2026) ($MN)
158 Middle East & Africa Smart Robots Market Outlook, By Medical (2016-2026) ($MN)
159 Middle East & Africa Smart Robots Market Outlook, By Defense and Security (2016-2026) ($MN)
160 Middle East & Africa Smart Robots Market Outlook, By Underwater (2016-2026) ($MN)
161 Middle East & Africa Smart Robots Market Outlook, By Field (2016-2026) ($MN)
162 Middle East & Africa Smart Robots Market Outlook, By Telepresence (2016-2026) ($MN)
163 Middle East & Africa Smart Robots Market Outlook, By Logistics (2016-2026) ($MN)
164 Middle East & Africa Smart Robots Market Outlook, By Other Professional Services (2016-2026) ($MN)
165 Middle East & Africa Smart Robots Market Outlook, By Personal (2016-2026) ($MN)
166 Middle East & Africa Smart Robots Market Outlook, By Entertainment (2016-2026) ($MN)
167 Middle East & Africa Smart Robots Market Outlook, By Domestic (2016-2026) ($MN)
168 Middle East & Africa Smart Robots Market Outlook, By Other Personal Services (2016-2026) ($MN)
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