Market Overview:
The global robotics advisory service 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 robots across various industries and the rising awareness about the benefits of using robots. In addition, the growing adoption of industrial robotics and service robotics is also contributing to the growth of this market. Based on type, the global Robotics Advisory Service Market can be segmented into public, private, and hybrid segments. The public segment dominates this market owing to its low cost and easy availability compared with private and hybrid segments.
Product Definition:
The Robotics Advisory Service (RAS) is a service that provides robotics expertise and advice to help organizations realize the benefits of using robotics technology. The RAS can provide support with tasks such as needs assessment, technology selection, system integration, training, and more.
Public:
Public advisory services are used by robotics companies to get the right kind of advice from experts in a particular domain. These services help companies with strategic decisions, new product development, and operational assistance. The factors that propel the growth of public advisory service market include increasing demand for robots coupled with rising need for technological support among businesses. Moreover, growing adoption rate of Internet-of-Things (IoT) devices is also expected to drive market growth over the forecast period.
Private:
Private is a type of insurance that provides coverage for property damage or loss caused to third parties during an accident. It also covers losses incurred from theft, fire, vandalism and other hazards. Private insurances are designed to supplement public welfare by providing additional protection against risks not covered by standard policies.
Advisory services help customers in selecting the most suitable private policy for their needs.
Application Insights:
The application segment is segregated into six major categories, namely manufacturing, defense, banking, financial services and insurance (BFSI), transportation and logistics, healthcare and life sciences research & development centers. The manufacturing segment dominated the market in terms of revenue share in 2017. This can be attributed to the increasing demand for industrial robots across various industries worldwide.
The BFSI sector is expected to witness significant growth over the forecast period owing to increasing adoption of robotics systems for processing payments and other related activities at banks. Furthermore, rising adoption of cloud-based solutions by banks will also contribute significantly towards market growth over the coming years as it reduces costs associated with installation of hardware systems on premises.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing investments in R&D, growing adoption of automation technologies, and rising demand for high-quality products/services. Moreover, increasing industrialization across developing countries such as China and India are anticipated to drive regional market growth.
China has been making significant investments in artificial intelligence (AI), machine learning (ML), robotics, nanotechnology, biotechnology among other emerging technologies since 2010 with an aim toward promoting innovation across all industries.
Growth Factors:
- Increasing demand for industrial robots across different industries
- Growing demand for collaborative robots that can work safely with humans
- Rising adoption of robotics in small and medium-sized businesses
- Proliferation of artificial intelligence and machine learning technologies in robotics
- Emergence of new applications for robotics such as delivery drones, surgical robots, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Robotics Advisory Service Market Research Report
By Type
Public, Private, Hybrid
By Application
Manufacturing, Defense, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Healthcare and Life Sciences, Retail, Others
By Companies
Amazon Robotics (US), Google (US), Huawei (China), IBM (US), Microsoft (US), C2RO (Canada), CloudMinds (US), Hit Robot(US), V3 Smart Technologies (Singapore), Rapyuta Robotics (Japan), Ortelio (UK), Tend (US)
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Robotics Advisory Service Market Report Segments:
The global Robotics Advisory Service market is segmented on the basis of:
Types
Public, Private, Hybrid
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
Manufacturing, Defense, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Healthcare and Life Sciences, Retail, Others
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:
- Amazon Robotics (US)
- Google (US)
- Huawei (China)
- IBM (US)
- Microsoft (US)
- C2RO (Canada)
- CloudMinds (US)
- Hit Robot(US)
- V3 Smart Technologies (Singapore)
- Rapyuta Robotics (Japan)
- Ortelio (UK)
- Tend (US)
Highlights of The Robotics Advisory Service 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:
- Public
- Private
- Hybrid
- By Application:
- Manufacturing
- Defense
- Banking, Financial Services, and Insurance (BFSI)
- Transportation and Logistics
- Healthcare and Life Sciences
- Retail
- Others
- 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 Robotics Advisory Service 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
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- Understanding Competition Scenario
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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?
Robotics Advisory Service (RAS) is a not-for-profit organization that provides technical assistance and advice to robotics manufacturers, research institutions, and government agencies. RAS also offers training courses in robotics technology.
Some of the key players operating in the robotics advisory service market are Amazon Robotics (US), Google (US), Huawei (China), IBM (US), Microsoft (US), C2RO (Canada), CloudMinds (US), Hit Robot(US), V3 Smart Technologies (Singapore), Rapyuta Robotics (Japan), Ortelio (UK), Tend (US).
The robotics advisory service market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Robotics Advisory Service 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 Robotics Advisory Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Robotics Advisory Service 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 Robotics Advisory Service 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 Robotics Advisory Service Market Size & Forecast, 2018-2028
4.5.1 Robotics Advisory Service Market Size and Y-o-Y Growth
4.5.2 Robotics Advisory Service Market Absolute $ Opportunity
Chapter 5 Global Robotics Advisory Service 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 Robotics Advisory Service Market Size Forecast by Type
5.2.1 Public
5.2.2 Private
5.2.3 Hybrid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Robotics Advisory Service 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 Robotics Advisory Service Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Defense
6.2.3 Banking
6.2.4 Financial Services
6.2.5 and Insurance (BFSI)
6.2.6 Transportation and Logistics
6.2.7 Healthcare and Life Sciences
6.2.8 Retail
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Robotics Advisory Service 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 Robotics Advisory Service 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 Robotics Advisory Service Analysis and Forecast
9.1 Introduction
9.2 North America Robotics Advisory Service 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 Robotics Advisory Service Market Size Forecast by Type
9.6.1 Public
9.6.2 Private
9.6.3 Hybrid
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 Robotics Advisory Service Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Defense
9.10.3 Banking
9.10.4 Financial Services
9.10.5 and Insurance (BFSI)
9.10.6 Transportation and Logistics
9.10.7 Healthcare and Life Sciences
9.10.8 Retail
9.10.9 Others
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 Robotics Advisory Service Analysis and Forecast
10.1 Introduction
10.2 Europe Robotics Advisory Service 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 Robotics Advisory Service Market Size Forecast by Type
10.6.1 Public
10.6.2 Private
10.6.3 Hybrid
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 Robotics Advisory Service Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Defense
10.10.3 Banking
10.10.4 Financial Services
10.10.5 and Insurance (BFSI)
10.10.6 Transportation and Logistics
10.10.7 Healthcare and Life Sciences
10.10.8 Retail
10.10.9 Others
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 Robotics Advisory Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Robotics Advisory Service 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 Robotics Advisory Service Market Size Forecast by Type
11.6.1 Public
11.6.2 Private
11.6.3 Hybrid
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 Robotics Advisory Service Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Defense
11.10.3 Banking
11.10.4 Financial Services
11.10.5 and Insurance (BFSI)
11.10.6 Transportation and Logistics
11.10.7 Healthcare and Life Sciences
11.10.8 Retail
11.10.9 Others
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 Robotics Advisory Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Robotics Advisory Service 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 Robotics Advisory Service Market Size Forecast by Type
12.6.1 Public
12.6.2 Private
12.6.3 Hybrid
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 Robotics Advisory Service Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Defense
12.10.3 Banking
12.10.4 Financial Services
12.10.5 and Insurance (BFSI)
12.10.6 Transportation and Logistics
12.10.7 Healthcare and Life Sciences
12.10.8 Retail
12.10.9 Others
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) Robotics Advisory Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Robotics Advisory Service 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) Robotics Advisory Service Market Size Forecast by Type
13.6.1 Public
13.6.2 Private
13.6.3 Hybrid
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) Robotics Advisory Service Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Defense
13.10.3 Banking
13.10.4 Financial Services
13.10.5 and Insurance (BFSI)
13.10.6 Transportation and Logistics
13.10.7 Healthcare and Life Sciences
13.10.8 Retail
13.10.9 Others
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 Robotics Advisory Service Market: Competitive Dashboard
14.2 Global Robotics Advisory Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon Robotics (US)
14.3.2 Google (US)
14.3.3 Huawei (China)
14.3.4 IBM (US)
14.3.5 Microsoft (US)
14.3.6 C2RO (Canada)
14.3.7 CloudMinds (US)
14.3.8 Hit Robot(US)
14.3.9 V3 Smart Technologies (Singapore)
14.3.10 Rapyuta Robotics (Japan)
14.3.11 Ortelio (UK)
14.3.12 Tend (US)
