Market Overview:
The global hexapods market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. Hexapods are used in various applications such as automobile, manufacturing, aviation, healthcare and others. Hexapods are classified into three types: electromechanical hexapods, piezoelectric hexapods and others. The electromechanical hexapod segment is expected to hold the largest share of the global hexapod market in 2018. This is due to its high accuracy and precision for movement control in various industrial applications.
Product Definition:
A Hexapod is an insect with six legs. Hexapods are important because they are a major part of the food chain, and they help to pollinate plants.
Electromechanical Hexapods:
Electromechanical hexapods are six legged mobile robots that have mechanical and electrical systems integrated into one body. Electromechanical hexapods can be used for various applications such as inspection, surveillance, mapping, exploration and others. The global market for electromechanical hexapods is expected to witness significant growth over the forecast period owing to increasing demand in military & defense sector along with industrial automation application segments.
Piezoelectric Hexapods:
Piezoelectric hexapods are crystalline structures that have a property of piezoelectricity, which means they generate an electrical charge when mechanical stress is applied to them. Piezoelectric hexapods are used in Hexapod robots as sensors for the detection of obstacles and the measurement of distances. They can also be used for generating vibrations in order to allow mobile robots to walk or run efficiently.
Application Insights:
The manufacturing segment dominated the global hexapods market, accounting for over 30.0% share of the overall revenue in 2017. The growing demand for electric and piezoelectric hexapods from various industrial applications including material handling is expected to drive the product demand over the forecast period.
Automotive was one of the major application areas where electromechanical hexapods were widely used until recently when microbots started to gain traction in this sector as well. However, technological advancements such as integration of advanced sensors and grippers into automotive platforms are expected to propel microbot adoption in automobiles over next few years which would lead to an increase in demand forhexapod systems within automotive applications during future period (i) 2018 - 2030 ¢â‚¬â€œ (in terms of revenue).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of players operating in this region, along with high investments made by companies for research and development activities. Moreover, increasing demand for efficient robots that are capable of working alongside humans is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising industrialization and adoption of automation technology across various industries such as manufacturing, healthcare, food & beverage and others. This has resulted in growing need for versatile hexapods that can perform different tasks at a fast pace with efficiency; which will further boost product demand during the forecast period from 2018 to 2030 (estimated). Additionally, increasing government initiatives towards implementation of automated systems across several sectors are projected to augment regional market size during same time frame.
Growth Factors:
- Increasing demand for Hexapods in the medical and healthcare sector for use in rehabilitation, prosthetic research, and training.
- Growing demand from the automotive industry for Hexapods as robotic arms to assemble vehicles.
- Increasing use of Hexapods in research and development laboratories for varied applications such as biomechanics, material testing, and micro-engineering tasks.
- Rising popularity of hexapod robots among hobbyists owing to their versatility and ease of programming compared to other types of robots available in the market today. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Hexapods Market Research Report
By Type
Electromechanical Hexapods, Piezoelectric Hexapods, Others
By Application
Automobile, Manufacturing, Aviation, Healthcare, Others
By Companies
MOOG, Aerotech, Physik Instrumente, MKS Instruments(Newport Corporation), SYMÉTRIE, SmarAct, FlexHex Robot, Alio Industries, E2M Technologies, Mikrolar
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hexapods Market Report Segments:
The global Hexapods market is segmented on the basis of:
Types
Electromechanical Hexapods, Piezoelectric Hexapods, Others
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
Automobile, Manufacturing, Aviation, Healthcare, 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:
- MOOG
- Aerotech
- Physik Instrumente
- MKS Instruments(Newport Corporation)
- SYMÉTRIE
- SmarAct
- FlexHex Robot
- Alio Industries
- E2M Technologies
- Mikrolar
Highlights of The Hexapods 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:
- Electromechanical Hexapods
- Piezoelectric Hexapods
- Others
- By Application:
- Automobile
- Manufacturing
- Aviation
- Healthcare
- 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 Hexapods 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?
Hexapods are a type of arthropod that has six legs.
Some of the major players in the hexapods market are MOOG, Aerotech, Physik Instrumente, MKS Instruments(Newport Corporation), SYMĉۡTRIE, SmarAct, FlexHex Robot, Alio Industries, E2M Technologies, Mikrolar.
The hexapods market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hexapods Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hexapods Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hexapods Market - Supply Chain
4.5. Global Hexapods Market Forecast
4.5.1. Hexapods Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hexapods Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hexapods Market Absolute $ Opportunity
5. Global Hexapods Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hexapods Market Size and Volume Forecast by Type
5.3.1. Electromechanical Hexapods
5.3.2. Piezoelectric Hexapods
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hexapods Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hexapods Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Manufacturing
6.3.3. Aviation
6.3.4. Healthcare
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hexapods Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hexapods Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hexapods Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hexapods Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hexapods Demand Share Forecast, 2019-2029
9. North America Hexapods Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hexapods Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hexapods Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Manufacturing
9.4.3. Aviation
9.4.4. Healthcare
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hexapods Market Size and Volume Forecast by Type
9.7.1. Electromechanical Hexapods
9.7.2. Piezoelectric Hexapods
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hexapods Demand Share Forecast, 2019-2029
10. Latin America Hexapods Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hexapods Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hexapods Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Manufacturing
10.4.3. Aviation
10.4.4. Healthcare
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hexapods Market Size and Volume Forecast by Type
10.7.1. Electromechanical Hexapods
10.7.2. Piezoelectric Hexapods
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hexapods Demand Share Forecast, 2019-2029
11. Europe Hexapods Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hexapods Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hexapods Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Manufacturing
11.4.3. Aviation
11.4.4. Healthcare
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hexapods Market Size and Volume Forecast by Type
11.7.1. Electromechanical Hexapods
11.7.2. Piezoelectric Hexapods
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Gowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hexapods Demand Share, 2019-2029
12. Asia Pacific Hexapods Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hexapods Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hexapods Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Manufacturing
12.4.3. Aviation
12.4.4. Healthcare
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hexapods Market Size and Volume Forecast by Type
12.7.1. Electromechanical Hexapods
12.7.2. Piezoelectric Hexapods
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hexapods Demand Share, 2019-2029
13. Middle East & Africa Hexapods Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hexapods Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hexapods Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Manufacturing
13.4.3. Aviation
13.4.4. Healthcare
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hexapods Market Size and Volume Forecast by Type
13.7.1. Electromechanical Hexapods
13.7.2. Piezoelectric Hexapods
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hexapods Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Hexapods Market: Market Share Analysis
14.2. Hexapods Distributors and Customers
14.3. Hexapods Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MOOG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aerotech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Physik Instrumente
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MKS Instruments(Newport Corporation)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SYMÉTRIE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SmarAct
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FlexHex Robot
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Alio Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. E2M Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mikrolar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
