According to Market Research Future (MRFR), the global Programmable
Robots Market is expected to reach USD 4
billion at a CAGR of 15% from
2017 to 2023 (forecast period). The report discusses and examines the effects
of the outbreak of COVID-19 on the global programmable robots market, including
possible opportunities and threats, drivers, and risks.
Robotics has the potential to increase efficiency, transform
work practices, and enhance service offerings. Robots affect every vertical
industry. But building a robot is a tedious task that takes a lot of time for
drilling, soldering, programming, and so on. This time-consuming task of
building robots is simplified with the use of a programmable robot kit. The kit
includes all the electronic and mechanical components needed to make a
functional robot capable of performing elementary movements. The programming
languages used are C/C++, Python, Java, C#/.NET, and Matlab. Programmable
robots are autonomous robots that can be controlled by using a remote control
or programmed with a set of instructions.
Market Dynamics
Programmable robots in education help students are highly
involved in the four subject areas: science, technology, engineering, and
mathematics (STEM). It helps students learn through project-based learning,
hands-on learning, collaborative learning, authentic learning, and constructive
learning methods that enhance the learning process. Programmable robots are
also used for entertainment purposes for gaming and media.
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Key Players
Notable players in the market of programmable robots are
iRobot Corporation (US), Honda Motor Co., Ltd (Japan), The LEGO Group
(Denmark), RobotShop Inc. (Canada), Bossa Nova Robotics (US), Wowwee Group Ltd
(Hong Kong), Fischertechnik GmbH (Germany), Evolution Robotics (US), SuperDroid
Robots Inc. (US), and Sphero (US).
Other participants include Toyota Motor Corporation (Japan),
Robobuilder Co., Ltd. (South Korea), Yujin Robot Co., Ltd. (South Korea),
Ozobot & Evollve, Inc. (US), SoftBank Robotics (Japan), Rouge Robotics
(Canada), and VEX Robotics (US) among others.
Market Segmentation
- By component, the global programmable robots market has been segmented into hardware and software. Hardware is further divided into sensors, actuators, power source, PC interface, programmable platforms, and others.
- By application, the global programmable robots market has been segmented into education and entertainment. Education is further divided into schools & universities, and research institutes, whereas entertainment, is further divided into media and gaming.
Regional Analysis
The geographical analysis of the global programmable robots
market is done for North America, Europe, Asia Pacific, and the rest of the
world.
North America is predicted to dominate the market for
programmable robots during the forecast period. Well-established economies,
such as the United States and Canada, have invested a large share in research
and development of robotics technology which is a significant factor
influencing the market's growth in this region.
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Information: https://www.marketresearchfuture.com/reports/programmable-robots-market-6840
Major Highlights of TOC Covers:
- Executive Summary
- Key Business Trends
- Regional Trends and Growth
- Product Trends
- End-use Trends
- Definition and Forecast Parameters
- Programmable Robots Market Segmentation
- Programmable Robots Market Landscape
- Vendor Matrix
- Company Profiles
- Business Overview
Continued...…
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