Technavio has been monitoring the robotic simulator market and it is poised to grow by USD 633.97 million during 2020-2024, progressing at a CAGR of over 10% during the forecast period. 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 Robotic Simulator Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Altair Engineering Inc., FANUC Corp., IPG Photonics Corp., Microsoft Corp., Midea Group Co. Ltd., NACHI-FUJIKOSHI Corp., NVIDIA Corp., Rockwell Automation Inc., and Siemens AG are some of the major market participants. To make the 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.
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The growing need for robotic simulation has been instrumental in driving the growth of the market. However, the availability of open-source platforms might hamper market growth.
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Robotic Simulator Market 2020-2024: Segmentation
Robotic Simulator Market is segmented as below:
Robotic Simulator 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. The robotic simulator market report covers the following areas:
Robotic Simulator Market Size
Robotic Simulator Market Trends
Robotic Simulator Market Industry Analysis
This study identifies the surge in demand for industrial robots as one of the prime reasons driving the Robotic Simulator Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Robotic Simulator Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist robotic simulator market growth during the next five years
Estimation of the robotic simulator market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the robotic simulator market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of robotic simulator market, vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Deployment
Comparison by Deployment
On-premises - Market size and forecast 2019-2024
Cloud-based - Market size and forecast 2019-2024
Market opportunity by Deployment
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
Altair Engineering Inc.
IPG Photonics Corp.
Midea Group Co. Ltd.
Rockwell Automation Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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/20201007005757/en/