Market Overview:
The global commercial robotics market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for robots in various applications such as security, forestry, agriculture, marine, rescue and defense. In addition, the growing adoption of drones for commercial applications is also contributing to the growth of this market. However, lack of skilled workforce and high initial investment are some of the major factors restraining the growth of this market.
Product Definition:
Commercial robotics is the application of robots for commercial purposes. This includes industrial and service applications. Commercial robotics is important because it helps businesses automate tasks and processes, which can lead to increased efficiency and productivity.
Field Robotics:
Robotics is a branch of artificial intelligence and computer science that deals with the study and development of intelligent machines or systems, particularly those that can carry out tasks without human intervention. Robotics technology has been applied in diverse areas including defense, automotive & transportation, healthcare, manufacturing automation (CAD/CAM), entertainment & media (film editing), electronics packaging & testing.
Autonomous Guided Robots:
Autonomous Guided Robots (AGR) are used for manufacturing, assembly and inspection applications. They are capable of moving around an object without any human intervention. AGRs have several advantages over traditional guided robots in terms of speed, accuracy and flexibility owing to which their adoption is increasing rapidly across the globe. The global commercial robotics market was valued at USD 12 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
The application segment is segregated into five sub-segments, which include security, forestry, agriculture and marine farming, rescue and defense. Security robots accounted for a major market share in 2017 owing to the rising need for protection among high-end facilities. The increasing number of terrorist attacks globally has led to an increased demand for security robots that can be used in surveillance and sentry duty at military bases or sensitive installations.
Agriculture robotics offer cost-effective solutions while improving farm productivity by reducing human labor costs on farms around the world. Moreover, with the help of autonomous robotic devices such as drones equipped with sensors it becomes easier to monitor crops from above thereby saving time that would have been consumed by walking through fields manually.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing investments by various governments and rising demand for industrial robots from countries such as China, Japan, South Korea, India and Taiwan. Robotic manufacturers are also expanding their business operations across Asia Pacific due to low labor costs and cheap raw materials.
The growing manufacturing sector supported by rapid urbanization in developing economies including China, India, Indonesia Malaysia Thailand Vietnam Philippines Singapore & Bangladesh is anticipated to fuel the regional demand for commercial robotics over the forecast period.
Growth Factors:
- Increasing demand for automation in commercial sectors to improve efficiency and productivity
- Rising labor costs and the need for increased efficiency across industries are driving the demand for robotics
- Growing popularity of robots among small businesses due to their low cost and ease of use
- Rapid advancements in technology are making robots more affordable, versatile, and intelligent
- The increasing trend of collaborative robotics is helping to drive down the overall cost of deploying robots
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Robotics Market Research Report
By Type
Field Robotics, Autonomous Guided Robots, Medical Robots, Drones
By Application
Security, Forestry, Agriculture, Marine, Rescue, Defense
By Companies
Omron Adept Technologies Inc, D Robotics Inc, Northrop Grumman Corporation, Yaskawa Electric Corporation, D Robotics Inc, KUKA AG, Amazon Robotics LLC, iRobot Corporation, Accuray Inc, Honda Motor, Omron Adept Technologies Inc
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Robotics Market Report Segments:
The global Commercial Robotics market is segmented on the basis of:
Types
Field Robotics, Autonomous Guided Robots, Medical Robots, Drones
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
Security, Forestry, Agriculture, Marine, Rescue, Defense
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:
- Omron Adept Technologies Inc
- D Robotics Inc
- Northrop Grumman Corporation
- Yaskawa Electric Corporation
- D Robotics Inc
- KUKA AG
- Amazon Robotics LLC
- iRobot Corporation
- Accuray Inc
- Honda Motor
- Omron Adept Technologies Inc
Highlights of The Commercial Robotics 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:
- Field Robotics
- Autonomous Guided Robots
- Medical Robots
- Drones
- By Application:
- Security
- Forestry
- Agriculture
- Marine
- Rescue
- Defense
- 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 Commercial Robotics 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
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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?
Commercial robotics is the application of robotics technology in industrial and commercial settings. Robotics technologies are used to automate tasks, improve efficiency, and reduce costs. Commercial robots can be found in a variety of industries, including manufacturing, logistics, healthcare, and service industries.
Some of the key players operating in the commercial robotics market are Omron Adept Technologies Inc, D Robotics Inc, Northrop Grumman Corporation, Yaskawa Electric Corporation, D Robotics Inc, KUKA AG, Amazon Robotics LLC, iRobot Corporation, Accuray Inc, Honda Motor, Omron Adept Technologies Inc.
The commercial robotics market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Robotics 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 Commercial Robotics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Robotics 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 Commercial Robotics 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 Commercial Robotics Market Size & Forecast, 2020-2028
4.5.1 Commercial Robotics Market Size and Y-o-Y Growth
4.5.2 Commercial Robotics Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Field Robotics
5.2.2 Autonomous Guided Robots
5.2.3 Medical Robots
5.2.4 Drones
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Security
6.2.2 Forestry
6.2.3 Agriculture
6.2.4 Marine
6.2.5 Rescue
6.2.6 Defense
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Robotics 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 Commercial Robotics 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Field Robotics
9.6.2 Autonomous Guided Robots
9.6.3 Medical Robots
9.6.4 Drones
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 Market Size Forecast by Applications
9.10.1 Security
9.10.2 Forestry
9.10.3 Agriculture
9.10.4 Marine
9.10.5 Rescue
9.10.6 Defense
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Field Robotics
10.6.2 Autonomous Guided Robots
10.6.3 Medical Robots
10.6.4 Drones
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 Market Size Forecast by Applications
10.10.1 Security
10.10.2 Forestry
10.10.3 Agriculture
10.10.4 Marine
10.10.5 Rescue
10.10.6 Defense
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Field Robotics
11.6.2 Autonomous Guided Robots
11.6.3 Medical Robots
11.6.4 Drones
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 Market Size Forecast by Applications
11.10.1 Security
11.10.2 Forestry
11.10.3 Agriculture
11.10.4 Marine
11.10.5 Rescue
11.10.6 Defense
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Field Robotics
12.6.2 Autonomous Guided Robots
12.6.3 Medical Robots
12.6.4 Drones
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 Market Size Forecast by Applications
12.10.1 Security
12.10.2 Forestry
12.10.3 Agriculture
12.10.4 Marine
12.10.5 Rescue
12.10.6 Defense
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Field Robotics
13.6.2 Autonomous Guided Robots
13.6.3 Medical Robots
13.6.4 Drones
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) Market Size Forecast by Applications
13.10.1 Security
13.10.2 Forestry
13.10.3 Agriculture
13.10.4 Marine
13.10.5 Rescue
13.10.6 Defense
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 Commercial Robotics Market: Competitive Dashboard
14.2 Global Commercial Robotics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omron Adept Technologies Inc
14.3.2 D Robotics Inc
14.3.3 Northrop Grumman Corporation
14.3.4 Yaskawa Electric Corporation
14.3.5 D Robotics Inc
14.3.6 KUKA AG
14.3.7 Amazon Robotics LLC
14.3.8 iRobot Corporation
14.3.9 Accuray Inc
14.3.10 Honda Motor
14.3.11 Omron Adept Technologies Inc
