Wednesday, 7 February 2018

Robotics Market: Latest Trends and Future Outlook by 2018-2022

MRC Announces the Publication of its Research Report – Global Robotics Market 2018-2022

MRC recognizes the following companies as the key players in the global robotics market: ABB,  FANUC, Intuitive Surgical, iRobot,  Midea Group, Mobile Industrial Robots, OMRON, and Yaskawa Electric

Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is virtual commissioning. This method is gaining traction over on-site commissioning, as it helps in the reduction of time and cost by 50-60%. Virtual commissioning supports the entire lifecycle of industrial robots, apart from the initial design and decision-making processes.”
According to the report, one of the major drivers for this market is Technological advances in robot hardware. With the emergence of vendors offering commercial-off-the-shelf components, vendors can lower the cost of production with more compact product designs. Miniaturization of sensors, which is expected to be a trend in the forecast period as well, will play a significant role in the pricing of robots. As the price of the sensors continues to fall, there will be an emergence of more industrial and service robots at relatively lower prices. Vendors are incorporating sensors, such as vision systems, to enhance functions like detecting the location of parts and orientation and perform quality checks.

Further, the report states that one of the major factors hindering the growth of this market is Regulatory hurdles for service robots. Vendors in the global robotics market are expected to follow certain regulations relating to the usage of safety-critical components, wireless technologies, batteries, etc. in their product offerings. These rules are enforced to ensure the safety and reliability of humans when the robots work collaboratively with humans.
Browse full report with Table of Content @ https://marketreportscenter.com/reports/574413/global-robotics-market-2018-2022

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Some points from TOC:-
 Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
• Segmentation by application
• Comparison by application
• Industrial applications– Market size and forecast 2017-2022
• Services applications – Market size and forecast 2017-2022
• Market opportunity by application
……………….Continued
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