Market Synopsis
According to the recent comprehensive research by Market
Research Future Reports (MRFR), the global indoor robots market is projected to
hold substantial value. The growing trend of industry 4.0 is projected to be
the most crucial factor driving the global indoor robots market 2020.
Besides, the development in technologies like the
implementation of AI and ML has made the robots exponentially capable of
interacting with humans. The increasing application of robots in sectors such
as healthcare, BFSI, retail, military and defence, and others are predicted to
expand the market further. Besides, the increasing usage of robots for
objectives such as assisting in retail shops, customer engagement in bank,
delivery room service is further propelling the market expansion. Also, the
low-cost of robots, design and development of small robots is projected
predicted to influence the market in a positive way. In addition, the growing
demand for medical robots is additionally likely to play an important role in
expanding the market. However, the growing expenses of medical robots and the
concerns regarding human safety is another important factor hampering the
global indoor robots market.
Also, the challenged posed due to the outbreak of COVID-19
has resulted in a changing market landscape. The market has been studied
efficiently with the long haul with projections in the MRFR reports. We will
provide a report on the impact analysis of COVID-19 on the global indoor robots
market.
Key Players
NXT Robotics (US), Toyota (Japan), iROBOT. (US), Moley
Robotics (UK), LG Electronics (South Korea), Savioke (US), ASUSTeK Computer
Inc. (Taiwan), Omron Adept Technologies (US), Ecovacs (China),
Aeolus Robotics (US), and Aethon (US). The other crucial players of the market
are Simbe (US), pal-robotics.com (Spain), Cobalt Robotics (US), Cafe X
Technologies, Inc. (US), and Riken (Japan), among others.
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Market Segmentation
The worldwide indoor robots market can be distinguished on
the basis of application, robot type, and geography.
·
On the grounds of application, the worldwide indoor
robots market can be distinguished into commercial, industrial, and
residential.
·
On the grounds of robot type, the worldwide indoor
robots market can be distinguished into entertainment, education and research,
security and surveillance, medical robots, personal assistance and public
relations, drones and others.
·
On the grounds of geography, the global indoor robots
market can be distinguished into North America, Europe, Asia-Pacific, and the
Rest of the World (RoW).
Geographical Analysis
The geographical evaluation of North America, Europe,
Asia-Pacific, and the Rest of the World (RoW) has been performed. According to
the analysis, the global market is estimated to be dominated by North America.
The most significant cause of regional domination is the presence of developed
economies like the US and Canada. The developed countries are spending a
massive amount on research and development of robotics. Besides, the
application of robots is being used in various other fields such as cooking,
cleaning, medical surgeries, which are additionally acting as a catalyst to
expand the market. On the other hand, the APAC region is projected to grow
significantly during the review period. The region has been witnessing a surge
in demand for robots for regulation and security purpose. Besides this, the
demand is increasing owing to the rising demand for personal assistant robots
to perform other tasks. Also, countries like Japan and China are projected to
play an essential role in actuating the market.
However, market growth is likely to be affected significantly due to market expansion. Several regions have been influenced due to the observation of lockdown.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Indoor Robots Market,
By Segments
7.
Competitive Analysis
Continued…
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