Market Overview:
The global cloud robot market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based robots across different applications, such as industrial, professional service, and personal service. In addition, the growing adoption of robotics by small and medium enterprises (SMEs) is also contributing to the growth of this market. The hardware segment is expected to account for the largest share of the global cloud robot market in 2018. This segment includes sensors, actuators, controllers, and other components used in robots. The software segment is projected to grow at a higher CAGR than that of hardware during the forecast period from 2018 to 2030.
Product Definition:
A cloud robot is a type of software agent that resides in and executes on a remote server, or in the "cloud." These robots are used to manage and monitor online systems, networks, or applications.
Hardware:
Hardware is the part of technology which includes computer peripheral devices such as printers, scanners, and copiers. The hardware industry has been witnessing significant growth over the past few years owing to increasing demand for storage devices such as USB drives, laptops and external hard-disk drives. Cloud robotics is a type of software robots that are used to automate tasks performed by humans. These robots can be remotely controlled from any location in the world using wireless communication technology.
Software:
Software is the invisible part of any cloud-based robot. It helps in carrying out instructions by providing a command set which can be followed by the robots. The software used for these purposes are known as control programs or algorithms and they direct the actions of robots without human intervention.
The software used for these purposes are known as control programs or algorithms and they direct the actions of robots without human intervention.
Application Insights:
The industrial application segment accounted for the largest revenue share of over 60% in 2017. The industrial robots are used across several applications such as automotive, consumer goods, medical equipment and others. Industrial applications include pick and place systems along with other warehouse automation solutions that require little or no human intervention. These types of robots can be deployed in limited space requirements as they do not require a lot of floor space due to their compact design.
Professional service application is expected to register the fastest CAGR over the forecast period owing to increasing demand for high precision manufacturing processes across various industries such as aerospace.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increased adoption of industrial robots for manufacturing processes, high internet penetration, and growing demand for on-demand professional services. Moreover, rising need to maintain and upgrade existing infrastructures is expected to drive regional demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing investments by various governments in developing countries such as China and India along with other emerging economies such as Singapore and Thailand. Rapidly expanding manufacturing sector coupled with favorable government initiatives aimed at promoting domestic production capabilities are some factors driving regional demand during the forecast period.
Europe accounted for a significant share of revenue generated within Asia Pacific region owing to high acceptance of technology across several sectors including healthcare & medical; consumer goods; logistics & warehousing; agriculture & fishing; energy & utilities etc.
Growth Factors:
- Increased demand from small and medium-sized businesses for automation of business processes to improve efficiency and productivity.
- Growing popularity of robotic process automation (RPA) as a way to streamline business operations and reduce costs.
- Increasing number of cloud-based robot services that allow businesses to outsource their robotics needs, resulting in lower implementation costs.
- Proliferation of artificial intelligence (AI) and machine learning technologies that are making robots smarter and more capable, which is driving demand for cloud-based robots that can be integrated with these technologies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Robot Market Research Report
By Type
Hardware, Software, Services
By Application
Industrial, Professional Service, Personal Service
By Companies
FANUC, KUKA, ABB, Yaskawa, Mitsubishi, Irobot, SoftBank, Hit Robot Group, SIASUN, Fenjin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Robot Market Report Segments:
The global Cloud Robot market is segmented on the basis of:
Types
Hardware, Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Professional Service, Personal Service
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FANUC
- KUKA
- ABB
- Yaskawa
- Mitsubishi
- Irobot
- SoftBank
- Hit Robot Group
- SIASUN
- Fenjin
Highlights of The Cloud Robot Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Services
- By Application:
- Industrial
- Professional Service
- Personal Service
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Robot Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud Robot is a cloud-based platform that automates the process of creating, managing and deploying bots. It provides users with an easy way to create, manage and deploy bots using a drag-and-drop interface.
Some of the major companies in the cloud robot market are FANUC, KUKA, ABB, Yaskawa, Mitsubishi, Irobot, SoftBank, Hit Robot Group, SIASUN, Fenjin.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Robot Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud Robot Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Robot Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud Robot Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud Robot Market Size & Forecast, 2018-2028
4.5.1 Cloud Robot Market Size and Y-o-Y Growth
4.5.2 Cloud Robot Market Absolute $ Opportunity
Chapter 5 Global Cloud Robot Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cloud Robot Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud Robot Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cloud Robot Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Professional Service
6.2.3 Personal Service
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Robot Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Robot Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cloud Robot Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Robot Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cloud Robot Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cloud Robot Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Professional Service
9.10.3 Personal Service
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cloud Robot Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Robot Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cloud Robot Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cloud Robot Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Professional Service
10.10.3 Personal Service
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cloud Robot Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Robot Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cloud Robot Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cloud Robot Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Professional Service
11.10.3 Personal Service
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cloud Robot Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Robot Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cloud Robot Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cloud Robot Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Professional Service
12.10.3 Personal Service
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cloud Robot Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Robot Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cloud Robot Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cloud Robot Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Professional Service
13.10.3 Personal Service
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Robot Market: Competitive Dashboard
14.2 Global Cloud Robot Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FANUC
14.3.2 KUKA
14.3.3 ABB
14.3.4 Yaskawa
14.3.5 Mitsubishi
14.3.6 Irobot
14.3.7 SoftBank
14.3.8 Hit Robot Group
14.3.9 SIASUN
14.3.10 Fenjin
