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Global Telepresence Robot Market to reach USD 597.78 Million by 2027

Global Telepresence Robot Market Size, by Type (Stationery and mobile), by Application (Education, Healthcare, Enterprise, Homecare and Others), by Component (Head and Body) and Regional Forecasts 2020-2027

Product Code: IACTIS_73463218
Publish Date: 3-12-2020
Page: 200

Global Telepresence Robot Market is valued approximately USD 176.17 Million in 2019 and is anticipated to grow with a healthy growth rate of more than 16.50% over the forecast period 2020-2027. A telepresence robot is a device that provides the virtual presence of a human at work. It is comprising of a tablet, wheel based moving stand and other multimedia facilities to provide smooth communication between people at remote locations. Such robots work with the use of high-speed internet connectivity for multimedia applications. The rapid growth in usage of robots in various industries is the factor driving the growth of market over the forecast years. For instance: According to the World Robotics Report by International Federation of Robotics (IFR) 2020, globally sale of industrial robots was USD 16.5 Million in 2018 and about 2.4 million industrial robots are operating in factories across the globe. Also, the global sale of industrial robots rose with 31% in 2017 from 2016 and reached to 387,000 units. In addition, growing demand of telepresence robots from healthcare industry is the factor accelerating the growth of market over the forecast years. However, technical complexities leading to operational failure is the factor hampering the market growth.

The regional analysis of global Telepresence Robot Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the low cost due to the availability of supporting devices. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as enhanced operational efficiency in enterprises due to virtual meeting would create lucrative growth prospects for the Telepresence Robot Market across Asia-Pacific region.

Major market player included in this report are:
Double Robotics, Inc.
Inbot Technology
Suitable Technologies, Inc.
Mantaro Networks, Inc.
VGO Communications
Intouch Technologies
Qihan Technology
Amy Robotics
Anybots 2.0, Inc.
Superdroid Robots

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 Type Types of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

By Application:

By Component:

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 Telepresence Robot 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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Telepresence Robot Market, by Region, 2018-2027 (USD Million)
1.2.2. Telepresence Robot Market, by Type, 2018-2027 (USD Million)
1.2.3. Telepresence Robot Market, by Application, 2018-2027 (USD Million)
1.2.4. Telepresence Robot Market, by Component, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Telepresence Robot Market Definition and 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 Telepresence Robot Market Dynamics
3.1. Telepresence Robot Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Telepresence Robot 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 Telepresence Robot Market, by Type
5.1. Market Snapshot
5.2. Global Telepresence Robot Market by Type, Performance – Potential Analysis
5.3. Global Telepresence Robot Market Estimates & Forecasts by Type 2017-2027 (USD Million)
5.4. Telepresence Robot Market, Sub Segment Analysis
5.4.1. Stationery
5.4.2. Mobile
Chapter 6. Global Telepresence Robot Market, by Application
6.1. Market Snapshot
6.2. Global Telepresence Robot Market by Application, Performance – Potential Analysis
6.3. Global Telepresence Robot Market Estimates & Forecasts by Application 2017-2027 (USD Million)
6.4. Telepresence Robot Market, Sub Segment Analysis
6.4.1. Education
6.4.2. Healthcare
6.4.3. Enterprise
6.4.4. Homecare
6.4.5. Others
Chapter 7. Global Telepresence Robot Market, by Component
7.1. Market Snapshot
7.2. Global Telepresence Robot Market by Component, Performance – Potential Analysis
7.3. Global Telepresence Robot Market Estimates & Forecasts by Component 2017-2027 (USD Million)
7.4. Telepresence Robot Market, Sub Segment Analysis
7.4.1. Head
7.4.2. Body
Chapter 8. Global Telepresence Robot Market, Regional Analysis
8.1. Telepresence Robot Market, Regional Market Snapshot
8.2. North America Telepresence Robot Market
8.2.1. U.S. Telepresence Robot Market Type breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 Component breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Telepresence Robot Market
8.3. Europe Telepresence Robot Market Snapshot
8.3.1. U.K. Telepresence Robot Market
8.3.2. Germany Telepresence Robot Market
8.3.3. France Telepresence Robot Market
8.3.4. Spain Telepresence Robot Market
8.3.5. Italy Telepresence Robot Market
8.3.6. Rest of Europe Telepresence Robot Market
8.4. Asia-Pacific Telepresence Robot Market Snapshot
8.4.1. China Telepresence Robot Market
8.4.2. India Telepresence Robot Market
8.4.3. Japan Telepresence Robot Market
8.4.4. Australia Telepresence Robot Market
8.4.5. South Korea Telepresence Robot Market
8.4.6. Rest of Asia Pacific Telepresence Robot Market
8.5. Latin America Telepresence Robot Market Snapshot
8.5.1. Brazil Telepresence Robot Market
8.5.2. Mexico Telepresence Robot Market
8.6. Rest of The World Telepresence Robot Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Double Robotics, Inc. Key Information Overview Financial (Subject to Data Availability) Type Summary Recent Developments
9.2.2. Inbot Technology
9.2.3. Suitable Technologies, Inc.
9.2.4. Mantaro Networks, Inc.
9.2.5. VGO Communications
9.2.6. Intouch Technologies
9.2.7. Qihan Technology
9.2.8. Amy Robotics
9.2.9. Anybots 2.0, Inc.
9.2.10. Superdroid Robots
Chapter 10. Research Type
10.1. Research Type
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

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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