Global Robotics Technology Market to reach USD 203.71 billion by 2027

Global Robotics Technology Market Size study, By Type (Industrial Robots, Service Robots, Mobile Robots and Others), By Components (Hardware, Software, and Services), and Application (Healthcare, Defense and Security, Aerospace, Automotive, Domestic and Electronics), and Regional Forecasts 2020-2027
Product Code:  OIRIA_20858873
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Robotics Technology Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Robotics Technology Market, by Type, 2018-2027 (USD Billion)
1.2.3.	Robotics Technology Market, by Components, 2018-2027 (USD Billion)
1.2.4.	Robotics Technology Market, by Application, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Robotics Technology Market Definition & Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Robotics Technology Market Dynamics	
3.1.	 Robotics Technology Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Robotics Technology Market: Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Robotics Technology Market, by Type 
5.1.	Market Snapshot 
5.2.	Global Robotics Technology Market by Type, Performance - Potential Analysis
5.3.	Global Robotics Technology Market Estimates & Forecasts by Type, 2017-2027 (USD Billion)
5.4.	 Robotics Technology Market, Sub Segment Analysis
5.4.1.	Industrial Robots
5.4.2.	Service Robots
5.4.3.	Mobile Robots
5.4.4.	Others
Chapter 6.	Global Robotics Technology Market, by Components 
6.1.	Market Snapshot 
6.2.	Global Robotics Technology Market by Components, Performance - Potential Analysis
6.3.	Global Robotics Technology Market Estimates & Forecasts by Components, 2017-2027 (USD Billion)
6.3.1.	Hardware
6.3.2.	Software
6.3.3.	Services
Chapter 7.	Global Robotics Technology Market, by Application 
7.1.	Market Snapshot 
7.2.	Global Robotics Technology Market by Application, Performance - Potential Analysis
7.3.	Global Robotics Technology Market Estimates & Forecasts by Application, 2017-2027 (USD Billion)
7.3.1.	Healthcare
7.3.2.	Défense and Security
7.3.3.	Aerospace
7.3.4.	Automotive
7.3.5.	Electronics
7.3.6.	Domestic
7.3.7.	Others
7.3.8.	Others (Government, Marketing Agency, and Finance)
Chapter 8.	Global Robotics Technology Market, Regional Analysis
8.1.	 Robotics Technology Market, Regional Market Snapshot 
8.2.	North America Robotics Technology Market 
8.2.1.	U.S.  Robotics Technology Market	Type breakdown estimates & forecasts, 2017-2027	Components breakdown estimates & forecasts, 2017-2027	Application breakdown estimates & forecasts, 2017-2027
8.2.2.	Canada Robotics Technology Market
8.3.	Europe Robotics Technology Market Snapshot
8.3.1.	U.K.  Robotics Technology Market 
8.3.2.	Germany Robotics Technology Market
8.3.3.	France Robotics Technology Market
8.3.4.	Spain Robotics Technology Market
8.3.5.	Italy Robotics Technology Market
8.3.6.	Rest of Europe Robotics Technology Market
8.4.	Asia-Pacific Robotics Technology Market Snapshot
8.4.1.	China Robotics Technology Market 
8.4.2.	India Robotics Technology Market 
8.4.3.	Japan Robotics Technology Market
8.4.4.	Australia Robotics Technology Market
8.4.5.	South Korea Robotics Technology Market
8.4.6.	Rest of Asia Pacific Robotics Technology Market
8.5.	Latin America Robotics Technology Market Snapshot
8.5.1.	Brazil Robotics Technology Market
8.5.2.	Mexico Robotics Technology Market
8.6.	Rest of The World Robotics Technology Market

Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.2.1.	ABB Ltd	Key Information	Overview	Financial (Subject to Data Availability)	Industry Summary	Recent Developments
9.2.2.	Yaskawa Electric Corporation
9.2.3.	Denso Corporation
9.2.4.	Fanuc Corporation
9.2.5.	Kuka AG
9.2.6.	Kawasaki Heavy Industries Ltd
9.2.7.	Toshiba Corporation
9.2.8.	Panasonic Corporation
9.2.9.	Staubli International AG
9.2.10.	Nachi Robotic Systems Inc.
9.2.11.	Yamaha Motor Co. Ltd
9.2.12.	Seiko Epson Corporation
9.2.13.	Comau SpA
9.2.14.	Adept Technologies Inc.
9.2.15.	Intuitive Surgical Inc.
9.2.16.	Stryker Corporation
9.2.17.	Maxar Technologies Ltd (Mda Corporation)
Chapter 10.	Research Process
10.1.	Research Process
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

Global Robotics Technology Market is valued approximately at USD 63 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 15.8% over the forecast period 2020-2027. Robotics technology is used by different companies to develop machines that can replace humans and simulate human labor. Numerous advantages of robotics technology include safety at work, raising the speed of work and increasing the efficiency of the enterprise. In addition, numerous industries are implementing robotics technology to improve their productivity and profit margins, as robots can perform tasks more quickly. In addition, growing the need for automation and safety in the enterprise and availability of affordable, energy-efficient robots is driving the growth of the industry. Moreover, growing labor and energy costs and increasing the use of robotics technology in different vertical industries are fueling the growth of the industry. However, the high initial costs of robots and the lack of knowledge among SMEs hinder the growth of the industry. The automotive industry, which is the most important application field for industrial robots, has greatly increased investment in industrial robots worldwide. In April 2020, BMW AG signed an agreement with KUKA to supply about 5,000 robots for new production lines and factories around the world. According to KUKA, industrial robots will be used worldwide at the foreign manufacturing sites of the BMW Group to produce current and future vehicle models. Various robot models are intended to be used mainly for body-in-white production and other technologies. The scope of the agreement also includes other creative items from the KUKA portfolio, such as its linear units used to improve the robot’s workspace and energy supply technology. Technological advances in perception, interaction and manipulation have made robotics more attractive. Software and other suppliers of components have been instrumental in pushing the robotic ecosystem forward. In December 2019, Soft Robotics announced a strategic alliance with Fanuc, which invested USD 23 million in Soft Robotics as a startup in the oversubscribed funding round. The transformative mGrip modular grip system and automation solutions of Soft Robotics have allowed the efficient implementation of robotic applications in highly variable and unstructured consumer goods manufacturing, food processing and packaging and e-commerce supply chain automation environments.
The regional analysis of global Robotics Technology Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Due to the significant adoption of industrial robotics in the region, Asia-Pacific is projected to have the highest growth rate in the forecast period. China is dominating the regional pace of robotics adoption as a result of rapid deployment in the country’s leading electronics and automotive manufacturing sectors. As these sectors are growing at a fast pace in other economies in the region, such as India, there is a great potential for business growth.
Major market player included in this report are:
Yaskawa Electric Corporation
Denso Corporation
Fanuc Corporation
Kuka AG
Kawasaki Heavy Industries Ltd
Toshiba Corporation
Panasonic Corporation
Staubli International AG
Nachi Robotic Systems Inc.
Yamaha Motor Co. Ltd
Seiko Epson Corporation
Comau SpA
Adept Technologies Inc.
Intuitive Surgical Inc.
Stryker Corporation
Maxar Technologies Ltd (Mda Corporation)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Industrial Robots
Service Robots
Mobile Robots
By Component:
By Application:
Défense and Security
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Robotics Technology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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