Fast Market Research announces the availability of the new TechNavio report, "Global Smart Robots Market 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 07/19/2016 --Robotic vacuum cleaners emerged in the market in the late 1990s and early 2000s. However, the adoption of robotic vacuum cleaners remained low during the both the periods due to product inefficiencies like limited suction power and random movement pattern to clean floors. However, technological innovations, availability of new advanced products such as infrared sensors, and longer battery life, have gradually increased product efficiency and functionalities. With extensive R&D, several vendors are developing new and advanced robotic vacuum cleaners such as the Wi-Fi-enabled robots and others. Owing to high flexibility, the demand for robotic vacuum cleaners has increased significantly 2011 onwards.

Technavio's analysts forecast the global smart robots market to grow at a CAGR of 20.65% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart robots market for 2016-2020. To calculate the market size, the report considered the revenue generated the sale of smart mobile robots, collaborative robots, and personal service robots.

Get More Details on this Report and a Full Table of Contents at Global Smart Robots Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Smart Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-iRobot
-LG Electronics
-Neato Robotics
-Samsung Electronics
-Anybots Inc.
-Hajime Research Institutes Ltd.
-Robosoft Services
-Savioke Inc.
-Boeing
-Israel Aerospace Industries
-Lockheed Martin
-Northrup Grumman
-ABB
-KUKA
-Rethink Robotics
-Universal Robots

Other prominent vendors

-AeroVironment
-Aldebaran
-Alphabet
-Atlas Elektronik
-Avatarmind
-Bae Systems
-Bluefin Robotic
-Bobsweep
-Boston Dynamics
-Dyson
-Ecovacs
-Fanuc
-Fluidra
-GeckoSystems
-General Dynamics
-Hanool Robotics
-Hayward
-Honda
-Infinuvo
-Kawada
-Kongsberg Maritime
-Matsutek Enterprises
-Maytronics
-Miele
-Moneual
-Omron
-OMRON Adept Technologies
-Parrot
-Pentair
-QinetiQ
-SAAB
-Sharp
-Softbank
-Teradyne
-Toshiba
-Yaskawa Motoman
-YUJIN ROBOT
-Zodiac International

Market driver

-Increase in human labor cost
-For a full, detailed list, view our report

Market challenge

-Performance limitation of robots due to battery issues
-For a full, detailed list, view our report

Market trend

-IoT in robotics
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: iRobot, LG Electronics, Neato Robotics, Samsung Electronics, Anybots Inc., Hajime Research Institutes Ltd., Robosoft Services, Savioke Inc., Boeing, Israel Aerospace Industries, Lockheed Martin, Northrup Grumman, ABB, KUKA, Rethink Robotics, Universal Robots, AeroVironment, Aldebaran, Alphabet, Atlas Elektronik, Avatarmind, Bae Systems, Bluefin Robotic, Bobsweep, Boston Dynamics, Dyson, Ecovacs, Fanuc, Fluidra, GeckoSystems, General Dynamics, Hanool Robotics, Hayward, Honda, Infinuvo, Kawada, Kongsberg Maritime, Matsutek Enterprises, Maytronics, Miele, Moneual, Omron, OMRON Adept Technologies, Parrot, Pentair, QinetiQ, SAAB, Sharp, Softbank, Teradyne, Toshiba, Yaskawa Motoman, YUJIN ROBOT, Zodiac International

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