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Robotics Market Is Supposed to Grow at a CAGR of 4.7% During 2019-2025

 

Los Angeles, CA -- (SBWIRE) -- 08/07/2019 -- Robotics is the interdisciplinary branch of engineering and science that includes mechanical engineering, electrical engineering, computer science, and others. Robotics deals with the design, construction, operation, and use of robots, as well as computer systems for their control, sensory feedback, and information processing. The Robotics industry had an explosive growth in recent years. Many families and commercial enterprises or associations choose the Robotics.

The reduced time for household or commercial activities is increasing the adoption of Robotics by the end-users for replacing their physical works. At present, in global, the Robotics industry is generally at a more advanced level. The world's largest manufacturer is Fanuc which accounted for approximately 9.16% of the global revenue of cleaning robots in 2016.

Currently, China has become the largest consumption region at now, its output value accounted for more than 16.46% of the total output value of global Robotics market in 2016 and it is expected that China will also be the largest market in forecast period 2017-2022.

The global Robotics market is valued at 20500 million US$ in 2018 is expected to reach 28200 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2019-2025.

This report focuses on Robotics volume and value at global level, regional level and company level. From a global perspective, this report represents overall Robotics market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

FANUC

ABB

Yaskawa

KUKA

OTC

Panasonic

Kawasaki

Nachi

Epson

Mitsubishi

Denso

Yamaha

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Industrial Robots

Service Robots for Professional

Service Robots for Personnel

Segment by Application

Military

Industrial

Commercial

Personal

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