Technavio has been monitoring the smart robots market and it is poised to grow by USD 20.28 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Smart Robots Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
What is the key factor driving the market?
Growing demand for smart robots is one of the key factors driving the market growth.
What are the top players in the market?
ABB Ltd., Amazon.com Inc., FANUC Corp., iRobot Corp., KION Group AG, Midea Group Co. Ltd., OMRON Corp., Singapore Technologies Engineering Ltd., SoftBank Group Corp., and Yaskawa Electric Corp. are some of the major market participants.
Which region is expected to hold the highest market share?
What is the major trend in the market?
Increasing focus of companies on factory automation is a major growth factor for the market.
What is the year-over-year growth rate of the global market?
The year-over year growth rate for 2020 is estimated at 33.37%.
The market is concentrated, and the degree of concentration will decelerate during the forecast period. ABB Ltd., Amazon.com Inc., FANUC Corp., iRobot Corp., KION Group AG, Midea Group Co. Ltd., OMRON Corp., Singapore Technologies Engineering Ltd., SoftBank Group Corp., and Yaskawa Electric Corp. are some of the major market participants. The growing demand for smart robots will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Smart Robots Market 2020-2024: Segmentation
Smart Robots Market is segmented as below:
Personal Service Robots
Professional Service Robots
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Smart Robots Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart robots market report covers the following areas:
Smart Robots Market size
Smart Robots Market trends
Smart Robots Market analysis
This study identifies the increasing focus of companies on factory automation as one of the prime reasons driving the smart robots market growth during the next few years.
Smart Robots Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the smart robots market, including some of the vendors such as ABB Ltd., Amazon.com Inc., FANUC Corp., iRobot Corp., KION Group AG, Midea Group Co. Ltd., OMRON Corp., Singapore Technologies Engineering Ltd., SoftBank Group Corp., and Yaskawa Electric Corp. Backed with competitive intelligence and benchmarking, our research reports on the smart robots market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Smart Robots Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist smart robots market growth during the next five years
Estimation of the smart robots market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the smart robots market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of smart robots market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Personal service robots - Market size and forecast 2019-2024
Professional service robots - Market size and forecast 2019-2024
Collaborative robots - Market size and forecast 2019-2024
Market opportunity by product
PART 07: MARKET SEGMENTATION BY SOLUTION
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
Rise in number of M&A activities
Increasing investments in robotics industry by venture capitalists
Growing demand for smart robots in automotive industry
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
Market positioning of vendors
KION Group AG
Midea Group Co. Ltd.
Singapore Technologies Engineering Ltd.
SoftBank Group Corp.
Yaskawa Electric Corp.
PART 15: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200927005007/en/