Market Overview:
The global commercial robots market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for autonomous guided robots, drones, and field robotics across various applications such as defense, rescue, security, agriculture and forestry, medical care and marine applications. North America is expected to hold the largest share of the global commercial robots market in 2018 owing to the presence of key players such as Amazon Robotics (US), FANUC Corporation (Japan), KUKA AG (Germany), ABB Ltd. (Switzerland) and Yaskawa Electric Corporation (Japan).
Product Definition:
A robot is a machine designed to carry out a specific set of tasks, usually with the help of a computer. They are used extensively in manufacturing and other industrial settings, where they automate tasks that are difficult or impossible for humans to do. Commercial robots can be divided into two categories: service robots and industrial robots. Service robots are used for personal or domestic purposes, such as vacuum cleaners, lawn mowers, and drones. Industrial robots are used for tasks such as welding, packaging, and material handling. The importance of commercial robotics comes from their ability to automate these difficult or dangerous tasks, making them faster, safer, and more efficient.
Medical Robots:
Medical robots are devices that are used to assist or replace human caretakers in the healthcare sector. The medical robot is a tool which helps the surgeons perform surgeries without any harm to patients and also provides assistance during surgeries by monitoring, assisting, and protecting patients from injuries. Medical robots can be used for various applications such as surgery simulation, drug delivery systems & toxicity testing etc.
The global medical robotics market size was valued at USD 683 million in 2015.
Autonomous Guided Robots:
Autonomous Guided Robots (AGR) are used to perform tasks that require human intelligence and where the safety of the workers is a concern. These robots have an autonomous navigation system which helps them in moving around without any external control or guidance. They are majorly used in hazardous areas such as chemical, oil & gas, and mining sites for performing tasks that pose a high risk for human life.
Application Insights:
Defense application dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing government and military funding for research and development activities related to robotics. Moreover, growing concerns regarding human life during wartime have led to increased focus on developing autonomous robots for military applications.
Rise in demand for rescue robots is expected to be driven by a rise in natural disasters such as earthquakes, volcano eruptions, and terrorist attacks that require human assistance at the scene of the disaster. Furthermore, commercial drones are used extensively across security applications owing to their ability to provide continuous surveillance over large areas of land or sea from a remote location which aids authorities with accurate information about criminal activity enabling them make better decisions while handling critical situations such as hostage taking or terrorism strikes thereby saving lives.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in countries such as Japan, China, South Korea, and India. For instance, according to a recent study by the Global Industrial Robotics Organization (GIRA), Japan accounted for more than 25% of total industrial robot installations worldwide in 2016.
The Asia Pacific region is also home to several emerging economies offering tremendous potential for growth over the coming years. Countries such as Indonesia are experiencing strong economic growth owing to increased foreign direct investment (FDI) from various sectors including manufacturing industry which has led them becoming one of the prominent hubs for processing exports around the globe especially from North America and Europe markets thus driving regional demand further.
Growth Factors:
- Increasing demand for automation in commercial sectors to drive the growth of the global commercial robots market
- Rising demand from small and medium-sized enterprises (SMEs) for commercial robots is expected to boost the growth of the global market during the forecast period
- Proliferation of artificial intelligence (AI) and machine learning technologies is anticipated to fuel the growth of the global commercial robots market over next few years
- Growing investments by key players in research and development activities is likely to propel the growth of this market in near future
- Increasing application areas for industrial robotics across different industries are projected to create lucrative opportunities for players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Robots Market Research Report
By Type
Medical Robots, Autonomous Guided Robots, Drones, Field Robotics
By Application
Defense, Rescue, Security, Agriculture and Forestry, Medical, Marine
By Companies
Northrop Grumman, KUKA, iRobot, Yaskawa Electric, Honda, Omron Adept, D Robotics, Accuray, Alphabet, Amazon Robotics, Northrop Grumman
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Robots Market Report Segments:
The global Commercial Robots market is segmented on the basis of:
Types
Medical Robots, Autonomous Guided Robots, Drones, Field Robotics
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
Defense, Rescue, Security, Agriculture and Forestry, Medical, Marine
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:
- Northrop Grumman
- KUKA
- iRobot
- Yaskawa Electric
- Honda
- Omron Adept
- D Robotics
- Accuray
- Alphabet
- Amazon Robotics
- Northrop Grumman
Highlights of The Commercial Robots 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:
- Medical Robots
- Autonomous Guided Robots
- Drones
- Field Robotics
- By Application:
- Defense
- Rescue
- Security
- Agriculture and Forestry
- Medical
- Marine
- 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 Robots 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
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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 robots are machines that are used in factories, warehouses, and other industrial settings to help automate tasks. They can be used for a variety of purposes, including moving objects around a facility, performing inspections or repairs, and helping to assemble products.
Some of the major players in the commercial robots market are Northrop Grumman, KUKA, iRobot, Yaskawa Electric, Honda, Omron Adept, D Robotics, Accuray, Alphabet, Amazon Robotics, Northrop Grumman.
The commercial robots market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Robots 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 Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Robots 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 Robots 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 Robots Market Size & Forecast, 2020-2028
4.5.1 Commercial Robots Market Size and Y-o-Y Growth
4.5.2 Commercial Robots 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 Medical Robots
5.2.2 Autonomous Guided Robots
5.2.3 Drones
5.2.4 Field Robotics
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 Defense
6.2.2 Rescue
6.2.3 Security
6.2.4 Agriculture and Forestry
6.2.5 Medical
6.2.6 Marine
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Robots 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 Robots 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 Medical Robots
9.6.2 Autonomous Guided Robots
9.6.3 Drones
9.6.4 Field Robotics
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 Defense
9.10.2 Rescue
9.10.3 Security
9.10.4 Agriculture and Forestry
9.10.5 Medical
9.10.6 Marine
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 Medical Robots
10.6.2 Autonomous Guided Robots
10.6.3 Drones
10.6.4 Field Robotics
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 Defense
10.10.2 Rescue
10.10.3 Security
10.10.4 Agriculture and Forestry
10.10.5 Medical
10.10.6 Marine
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 Medical Robots
11.6.2 Autonomous Guided Robots
11.6.3 Drones
11.6.4 Field Robotics
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 Defense
11.10.2 Rescue
11.10.3 Security
11.10.4 Agriculture and Forestry
11.10.5 Medical
11.10.6 Marine
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 Medical Robots
12.6.2 Autonomous Guided Robots
12.6.3 Drones
12.6.4 Field Robotics
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 Defense
12.10.2 Rescue
12.10.3 Security
12.10.4 Agriculture and Forestry
12.10.5 Medical
12.10.6 Marine
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 Medical Robots
13.6.2 Autonomous Guided Robots
13.6.3 Drones
13.6.4 Field Robotics
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 Defense
13.10.2 Rescue
13.10.3 Security
13.10.4 Agriculture and Forestry
13.10.5 Medical
13.10.6 Marine
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 Robots Market: Competitive Dashboard
14.2 Global Commercial Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Northrop Grumman
14.3.2 KUKA
14.3.3 iRobot
14.3.4 Yaskawa Electric
14.3.5 Honda
14.3.6 Omron Adept
14.3.7 D Robotics
14.3.8 Accuray
14.3.9 Alphabet
14.3.10 Amazon Robotics
14.3.11 Northrop Grumman
