Robotic Software Platforms Market - ABB, Fanuc, KUKA, iRobot, Cyberbotics, Skilligent, and The Orocos Project are Key Companies

24 Jun, 2016, 04:00 ET from Sandler Research

PUNE, India, June 24, 2016 /PRNewswire/ --

Global robotic software platforms market analysts say the emergence of self-reconfigurable and transformer robots market is a major trend that will boost market growth in the next few years. Advances in technology have transformed robotics from handheld/static instruments to remote technology-enabled machines and from teaching to self-learning entities. One such innovation is the self-configurable modular robot, which is created by connecting a number of modules with memory units and CPUs. These machines can change shapes depending on the task at hand. Each module of such new generation robots can communicate with the others and take decisions before performing a task.

Complete report on robotic software platforms market spread across 54 pages, analyzing 7 major companies and providing 24 data exhibits now available at http://www.sandlerresearch.org/global-robotic-software-platforms-market-2016-2020.html

The analysts forecast global robotic software platforms market to grow at a CAGR of 4.17% during the period 2016-2020. According to the robotic software platforms market report, a key growth driver is the rising demand for service robots for medical applications. The preference for professional service robots in the healthcare sector is a major factor driving the global robotics software platforms market. Healthcare industries require frequent reprogramming and testing of robots. Some of the medical applications in which professional service robots are used are assistance in surgeries, pill dispensing, and needle placement to name a few.

The demand for robotic software platforms is scaling up as they enable industries to reprogram the machines frequently, modify, and test their robots to suit multiple application demands. In 2015, the APAC region dominated the global robotic software platforms market with a 66% stake in the overall market share. The market is booming in this region as many manufacturers are adopting robots in their plants to increase productivity and meet the demands put forth by industries such as automotive and healthcare. Government orders and offers that encourage local robotics industry to boost exports, loans at low interest and other incentives for robotic factories, and rising labor wages are some of the factors that will contribute to growth in the market in this region in the coming years.

The robotic software platforms market report estimates that this will reach USD 8.15 billion by 2020, should the market sustain a CAGR of 4.57% during the forecast period. A rise in use of industrial robots in the automotive, electrical, food and beverage, and metal industries was observed in the past decade in China, Japan, Taiwan, South Korea, and Indonesia. By 2022, the UK plans to invest USD 2.8 billion in the European Commission's robotics research and innovation program, which will distribute funding to robotics sectors, ranging from industrial to domestic and from agriculture to space sectors. Countries such as the US, Mexico, Brazil, and Canada are the major users of robots in their manufacturing, service, and healthcare sectors. Researchers and academics are the major end-users of robotics software platforms in this region.

The following companies are the key players in the global robotic software platforms market: iRobot, ABB, Fanuc, Kuka, Skilligent, Cyberbotics, and the Orocos Project. Other prominent vendors in the market are: Aethon, Energid Technologies, EZ-Robot, Honda, NEURALA, and Siemens. Order a copy of Global Robotic Software Platforms Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=55556

Another related report is Global Cleanroom Robots Market 2016-2020, analysts forecast global cleanroom robots market to grow at a CAGR of 5.39% during the period 2016-2020. One trend which will boost market growth is the integration of IoT in robotics. The development of IoT and technological enhancements has fueled the adoption of automated technologies in industries. The high demand and use of smart devices, wireless, and cloud technology will influence the future of robots in terms of range of utility and mode of operation. Browse complete report @ http://www.sandlerresearch.org/global-cleanroom-robots-market-2016-2020.html

Explore other new reports on Software and Services Market @ http://www.sandlerresearch.org/market-research/information-technology/software-and-services

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