Smart Robots Market Expected to Grow at 19.22% CAGR to 2020

Aug 28, 2015, 12:45 ET from ReportsnReports

PUNE, India, August 28, 2015 /PRNewswire/ --

The collaborative smart robots market size is expected to reach USD 1.07 Billion by 2020 whereas the software market size for smart robots is expected to grow at a CAGR of 30.24% from 2015 to2020 says this new 2015 research on robots that are getting 'smart'.

Complete report on smart robots market spread across 143 pages, profiling 17 companies and supported with 70 tables and 61 figures is now available at http://www.reportsnreports.com/reports/405623-smart-robots-market-by-component-software-hardware-application-collaborative-industrial-robots-personal-service-robots-professional-service-robots-by-geography-north-america-europe-apac-row-analysis-forecast-to-2020.html .

This report provides a bird's eye-view of the industry with regard to the smart robots market, along with the qualitative analysis of each and every aspect of the classification done on the basis of components, application, and geography. The report provides a forecast of the growth of the smart robots market between 2014 and 2020. The competitive landscape of the current market of smart robots has been analyzed completely based on the market share analysis of the key players. The competitive information provided in this report, includes market shares of the leading companies in the smart robots ecosystem and the key developments, core strategies deployed by various players, mergers and acquisitions, new product developments, collaborations, and joint ventures related to the same.

The adoption rate of smart robots for personal applications such as vacuum cleaning, pool cleaning, robotic pets, and elderly assistance, among others has increased due to the increase in the urban population and per capita income. This report is based on an extensive research study of the smart robots market and aims to analyze the entire market and all its sub segments through extensively detailed classifications. The demand for smart robots is likely to witness a prominent growth, thereby garnering the interest of the industry players across various verticals. The North American region is projected to be the fastest-growing market due to growing needs, growing economies, high adoption rate of smart robots across the different application areas such as industrial, professional service, and personal service applications.

The smart robots market for industrial applications consist of collaborative robots which are designed to work along with humans and they are adopted by various industrial sectors such as automotive, electronics among others. In the service industry, smart robots are used in different professional and personal applications. The report also covers the segmentation of smart robots market on the basis of software and hardware component. The hardware components are further segmented into sensors, actuators, power source, and controller systems among others.

Smart robots market companies profiled in this research include IRobot Corporation, Delaval Group, Lely Group, Amazon.Com, Inc., Kuka AG, Honda Motor Co., Ltd., Google, Inc., ABB Ltd., Fanuc Corporation, Yaskawa Electric Corporation, Adept Tecnology, Inc., Northrop Grumman Corporation, ECA Group, Intuitive Surgical, Inc., Aethon Inc., Geckosystems Intl. Corp. and Bluefin Robotics Corporation. Order a copy of Smart Robots Market by Component (Software, Hardware), Application (Collaborative Industrial Robots, Personal Service Robots, Professional Service Robots), by Geography (North America, Europe, APAC, RoW) - Analysis & Forecast to 2020 research report at http://www.reportsnreports.com/Purchase.aspx?name=405623 .

For the stakeholders and decision makers of robotics industry, ReportsnReports.com has multiple robots market research reports that are either newly published or focusing on niche robot and smart robots market segments:

Industrial Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021: The 2015 study has 1022 pages, 258 tables and figures and says industrial robots market is expected to rise 11.5% annually through 2021. Industrial robot markets at $22 billion in 2014 are anticipated to reach $48.9 billion by 2021. Industrial robot market leaders like ABB, Yasakawa, Denso, Fanuc, Kuka, Kawasaki, Toshiba, Panasonic, Stabuli, Nachi, Yamaha, Epson, Comau and Adept Technologies are discussed, in addition to other market participants, in this research available at http://www.reportsnreports.com/reports/404172-industrial-robots-market-shares-strategies-and-forecasts-worldwide-2015-to-2021.html .    

Subterranean Warfare (Tunnels & Underground Structures Detection and Subterranean Robots) Technologies - Global Market - 2015-2020: The report examines each dollar spent in the market via two orthogonal money trails: by Technology, Solutions & Service Sectors and by Country-Region. The report presents in 370 pages, 186 tables & figures, analysis of 17 current and pipeline solutions, services & technologies and 23 leading vendors. It is explicitly tailored for decision-makers in the fields of defense, homeland security and public safety industry, border security and other. Companies like Elbit Systems, Elpam Electronics, Advanced Geosciences, Inc. (AGI), Allied Associates Geophysical Ltd., CGG Canada Services Ltd, Exploration Instruments LLC, Lockheed-Martin, Geogiga Technology Corporation, Geomar Software Inc., Geometrics, Inc., Geonics Ltd., Geophysical Survey Systems, Inc, Interpex Ltd., Mount Sopris Instruments, PetRos EiKon Incorporated, R. T. Clark Co. Inc., Sensors & Software Inc., Vista Clara Inc., Zonge International, Inc., Geomatrix Earth Science Ltd, Northwest Geophysics, Spotlight Geophysical Services and Quest Geo Solutions Limited are covered in this report available at http://www.reportsnreports.com/reports/412634-subterranean-warfare-tunnels-underground-structures-detection-and-subterranean-robots-technologies-global-market-2015-2020.html .

Explore more reports on semiconductor and electronics market at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/ .

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