Albany, NY -- (SBWIRE) -- 08/11/2016 -- The robotics market is witnessing a major makeover in terms of investments for both R&D activities and product development both through vendor CAPEX and equity funding. The rising investments is directly related to the growing adoption of robotic technologies in the industrial and service sector. The funding options for the established vendors and start-ups are governed by the level of innovation involved in the product and technologies. Apart from the investments made by OEMs and VCs, governments of leading robotic technology adoption countries are investing on robotic solution vendors to develop the accessibility of robotics for different types of industries.

The global R&D spending market in the robotics industry to grow at a CAGR of 17.29% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global R&D spending market in the robotics industry for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total investments in R&D in the robotics industry.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global R&D Spending Market in Robotics Industry 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
- ABB
- iRobot
- Yaskawa Electric
- Kawasaki Heavy Industries
- KUKA

Other prominent vendors
- Adept
- Ekso Bionic
- Honda
- Lockheed Martin
- Nachi Robotics
- Rethink Robotics
- Staubli Robotics
- Yamaha Robotics

Market driver
- Race for robotics patents
- For a full, detailed list, view our report

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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?

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