Smart Robot Market size worth $ 26.25 Billion, Globally, by 2026 at 23.6% CAGR: Verified Market Research®

The rising adoption of industrial automation along with the advancements of robotic for the connected and digital world is driving the growth of the Global Smart Robot Market.


Jersey City, New Jersey, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Smart Robot Market” By Component (Hardware and Software), By Industrial Application (Automotive, Electronics, Food & Beverages, And Others), By Service Application (Domestic, Entertainment, Medical, Underwater, and Logistics), and By Geography. According to Verified Market Research, the Global Smart Robot Market size was valued at USD 4.83 Billion in 2018 and is projected to reach USD 26.25 Billion by 2026, growing at a CAGR of 23.6% from 2019 to 2026.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=7110

Browse in-depth TOC onSmart Robot Market

202 - Pages

126 – Tables

37 – Figures

Global Smart Robot Market Overview

Smart robots are criticized in the market because people think that they will take their job, but this is simply not the case. Smart robots have more advantages than disadvantages. Smart robots help in improving people’s lives and keep operations of the company running smoothly. There are various advantages of smart robots such as safety, speed, consistency, perfection, job creation, happier employees, productivity.

Global Smart Robot Market Overview The growth of the global Smart Robot Market is being driven by the rapid adoption of autonomous robots for professional services. With the advent of technology, various new technological advancements are happening in the field of robotics. Owing to this, the smart global market is growing at a fast rate.

Despite the growing demand for smart robots in numerous industries, the skyrocketing prices of these robots might hinder the growth of the market in the coming years. Furthermore, these robots have a tendency to malfunction in case a wrong algorithm is utilized them. This factor may negatively impact the growth of this market. Furthermore, the manufacturing of smart robots includes huge expenditure on research and development. All these factors might hamper the growth of the global Smart Robot Market.

Key Developments in Smart Robot Market

• iRobot announced a collaboration with Google in order to integrate robotic and smart home technologies that will advance the next-generation smart home.

• GreyOrange launched next-gen AI, GreyMatter, for robotics warehouse automation at new logistics center of Nitori, Japan’s largest home furnishing chain

• Northrop Grumman Remotec announced the launch of the Next-generation Andros FX Robot on Display at DSEI

The major players in the market are Irobot Corporation, Honda Motors Ltd, Adept Technology, Inc., Lely Group, Google, Inc., Amazon.com, Inc., Northrop Grumman Corporation, Bluefin Robotics Corporation, ABB Ltd. and Yaskawa Electric Corporation, among others.

Verified Market Research has segmented the Global Smart Robot Market On the basis of Component, Industrial Application, Service Application, and Geography.

  • Smart Robot Market, By Industrial Application
    • Automotive
    • Electronics
    • Food & beverages
    • Others
  • Smart Robot Market, By Component
    • Hardware
    • Software
  • Smart Robot Market, By Service Application
    • Domestic
    • Entertainment
    • Medical
    • Underwater
    • Logistics
  • Smart Robot Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Robot Kitchen Market By Type (Hardware & Software), By Application (House & Commercial), By Geography, Forecast, 2021-2028

Vision Guided Robotics Market By Component Type (Hardware, Software, and Services), By Type (2D- Vision System Robots and 3D- Vision System Robots), By Industry Vertical (Automotive, Electrical & Electronics, Aerospace & Defense), By Geography, Forecast, 2021-2028

Retail Robotics Market By Type (Mobile Robotics, Stationary Robotics, and Semi-Autonomous), By Application (Inventory Management, Delivery Management, In-Store Services), By Geography, Forecast, 2021-2028

Soldering Robot Market By Type (6-Axis Robot, 5-Axis Robot, 4-Axis Robot, 3-Axis Robot), By Application (Consumer Electronics, Appliances Electronics, Automotive Electronics), By Geography, Forecast, 2021-2028

6 major types of industrial robots engineered to offer limitless possibilities

Visualize Smart Robot Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

 

Coordonnées