The global indoor robots market is garnering significant
traction. The market growth attributes to the advancements in technologies such
as AI and machine learning, transforming capabilities of robots to communicate
and collaborate with humans and other fellow robots. Besides, the increasing
trend of industry 4.0 creates a vast market demand, increasing the usages of
robots for almost every industrial or factory operation.
Moreover, the rising adoption of indoor robotics in domestic
and commercial applications escalates market growth. According to Market
Research Future (MRFR), the global indoor
robots market is projected to garner exponential accruals by 2023, growing
at an impressive CAGR throughout the review period (2018 – 2023). Today,
robots serve almost every industry vertical, including retail, BFSI,
healthcare, military & defense, etc.
With the rapid technological advancements in the field, the
number of indoor robot applications in manufacturing and production processes
is continually growing. Conversely, the high cost of these robots and human safety
concerns are the major factors projected to hamper the market growth.
Nevertheless, the increasing trend of automation in production and
manufacturing processes would support the market growth throughout the review
period, speeding up the development of industrial robots.
Major Players:
Players leading the indoor robots market are Toyota (Japan),
NXT Robotics (US), iROBOT (US), Savioke (US), LG Electronics (South Korea),
Ecovacs (China), Omron Adept Technologies (US), ASUSTeK Computer Inc. (Taiwan),
Aeolus Robotics (US), Aethon (US), Simbe (US), Cobalt Robotics (US), Moley
Robotics (UK), pal-robotics.com (Spain), Riken (Japan), and Cafe X
Technologies, Inc. (US), among others.
Global Indoor Robots Market
- Competitive Analysis
Highly competitive, the indoor robots market appears to be
fragmented due to the presence of several well-established players. These
players incorporate strategic initiatives such as acquisition, collaboration,
partnership, expansion, and product/ technology launch to maintain their
positions and gain a competitive advantage in this market.
These players focus on new product developments and
geographical expansion. The market is predicted to witness relentless
innovations and new products, resulting in intense competition among
manufacturers.
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Global Indoor Robots Market-
Segmentation
The report is segmented into three dynamics;
By Robot Type :
Education & Research, Entertainment, Security & Surveillance,
Personal Assistance & Public Relations, Medical Robots, Drones and
others.
By Application :
Residential, Commercial, Industrial, and others.
By Regions
: Americas, Europe, Asia Pacific, and Rest-of-the-World.
Global Indoor Robots Market
- Regional Analysis
North America dominates the global indoor robots
market. The market growth attributes to enormous spending on research and
development of robotics, AI, machine learning, and cognitive technologies.
Besides, substantial technological advances in robotics and the increasing
demand for indoor robots from the logistics industry drive the growth of the
market. Moreover, major robotics providers, especially in the US, accelerate
the development of the regional market.
The Asia Pacific region stands second in the global indoor
robots market. The market growth is driven by the escalating adoption of robots
in the region for domestic and commercial purposes, such as cooking, cleaning,
medical surgeries, etc. Additionally, increasing demand for robots for security
and monitoring purposes and personal assistant robots to control other devices
or perform any task fosters market growth. The Indian indoor market holds the
maximum potential to grow rapidly during the forecast period.
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Indoor robots Market Segmentation
8. Indoor robots Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
14. Strategic Outlook
More…
If you have any requirements, let know and we will customize the
report according to your need.
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