Market Overview:
Micro-robots are devices that have a size range of 1mm to 10mm. They are used for various applications such as medical and healthcare, automotive, military and others. The global micro-robots market is expected to grow at a CAGR of 16.5% during the forecast period 2018-2030. Some of the factors that are driving the growth of this market include increasing demand for miniaturization in various applications, technological advancements and growing investments in research and development activities.
Product Definition:
Micro-Robots are tiny robots that can be used for a variety of purposes, from medical procedures to military operations. They are important because they allow for precision and accuracy that would otherwise be impossible with larger robots.
Semi-Autonomous:
Semi-autonomous robots are those that have been designed to carry out some tasks, but need human intervention for critical decisions. For instance, a semi-automatic coffee machine is programmed to take the required steps to make coffee when activated by a user; however, it needs human intervention in determining how much water should be added and at what temperature the beverage should be made.
The global micro-robots market size was valued at USD 675.0 million in 2016.
Autonomous:
Autonomous is a technology that allows the robots to perform tasks without human intervention. It has been observed that autonomous systems are capable of learning from experience and can improve its performance over time. The technology has gained popularity in recent years owing to the advancements in artificial intelligence, which makes it more sophisticated and reliable for use in micro-robots market.
The major advantage of using autonomous system is that it helps reduce human errors as compared to traditional remote control techniques, which increases efficiency.
Application Insights:
The military application segment accounted for the largest share of over 40.0% in 2017. The growth of this segment is attributed to the increasing use of drones and other remotely piloted aircrafts (RPA) by militaries around the world for surveillance, reconnaissance, and attack missions. Drones have also been used in humanitarian aid operations as well as in disaster relief efforts such as search-and-rescue (SAR), clean up, and construction activities. Micro robots are increasingly being used by defense agencies across the globe for a variety of applications including surveillance & reconnaissance, target acquisition & identification, UAV/RPA pilot training simulators systems development etc., which is expected to drive their demand over the forecast period.
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 and continuous research & development activities. Moreover, increasing defense budget by the U.S government is expected to drive regional demand for micro-robots over the forecast period.
The Asia Pacific region has witnessed significant developments in sensor technologies that are now smaller than a grain of sand; they can be integrated into small devices with dimensions less than 1 mm square or larger than 100 microns long (microscopic).
Growth Factors:
- Increasing demand for miniaturization in electronics and medical devices
- Rising demand from the automotive industry for advanced driver assistance systems (ADAS) and autonomous vehicles
- Growing popularity of micro-robots for use in research and development applications
- Proliferation of low-cost, high-performance microcontrollers and sensors
- Advances in micromachining technologies that enable the fabrication of smaller, more sophisticated robots
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro-Robots Market Research Report
By Type
Semi-Autonomous, Autonomous, Tele-Operated
By Application
Military, Medical & Healthcare, Automotive
By Companies
Techject, Seiko Epson, Thermo Fisher Scientific, QinetiQ, THALES, Northrop Grumman, Clearpath Robotics, ReconRobotics
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Micro-Robots Market Report Segments:
The global Micro-Robots market is segmented on the basis of:
Types
Semi-Autonomous, Autonomous, Tele-Operated
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
Military, Medical & Healthcare, Automotive
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:
- Techject
- Seiko Epson
- Thermo Fisher Scientific
- QinetiQ
- THALES
- Northrop Grumman
- Clearpath Robotics
- ReconRobotics
Highlights of The Micro-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:
- Semi-Autonomous
- Autonomous
- Tele-Operated
- By Application:
- Military
- Medical & Healthcare
- Automotive
- 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 Micro-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
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- 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?
Micro-robots are robots that are smaller than 1 meter in size. They can be used for a variety of tasks, including manufacturing, inspection, and research.
Some of the major companies in the micro-robots market are Techject, Seiko Epson, Thermo Fisher Scientific, QinetiQ, THALES, Northrop Grumman, Clearpath Robotics, ReconRobotics.
The micro-robots market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro-Robots 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. Micro-Robots Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro-Robots Market - Supply Chain
4.5. Global Micro-Robots Market Forecast
4.5.1. Micro-Robots Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro-Robots Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro-Robots Market Absolute $ Opportunity
5. Global Micro-Robots 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. Micro-Robots Market Size and Volume Forecast by Type
5.3.1. Semi-Autonomous
5.3.2. Autonomous
5.3.3. Tele-Operated
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro-Robots 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. Micro-Robots Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Medical & Healthcare
6.3.3. Automotive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro-Robots 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. Micro-Robots 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 Micro-Robots 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. Micro-Robots 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 Micro-Robots Demand Share Forecast, 2019-2026
9. North America Micro-Robots 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 Micro-Robots 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 Micro-Robots Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Medical & Healthcare
9.4.3. Automotive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro-Robots Market Size and Volume Forecast by Type
9.7.1. Semi-Autonomous
9.7.2. Autonomous
9.7.3. Tele-Operated
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 Micro-Robots Demand Share Forecast, 2019-2026
10. Latin America Micro-Robots 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 Micro-Robots 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 Micro-Robots Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Medical & Healthcare
10.4.3. Automotive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro-Robots Market Size and Volume Forecast by Type
10.7.1. Semi-Autonomous
10.7.2. Autonomous
10.7.3. Tele-Operated
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 Micro-Robots Demand Share Forecast, 2019-2026
11. Europe Micro-Robots 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 Micro-Robots 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 Micro-Robots Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Medical & Healthcare
11.4.3. Automotive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro-Robots Market Size and Volume Forecast by Type
11.7.1. Semi-Autonomous
11.7.2. Autonomous
11.7.3. Tele-Operated
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth PotentialAnalysis
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 Micro-Robots Demand Share, 2019-2026
12. Asia Pacific Micro-Robots 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 Micro-Robots 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 Micro-Robots Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Medical & Healthcare
12.4.3. Automotive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro-Robots Market Size and Volume Forecast by Type
12.7.1. Semi-Autonomous
12.7.2. Autonomous
12.7.3. Tele-Operated
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 Micro-Robots Demand Share, 2019-2026
13. Middle East & Africa Micro-Robots 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 Micro-Robots 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 Micro-Robots Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Medical & Healthcare
13.4.3. Automotive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro-Robots Market Size and Volume Forecast by Type
13.7.1. Semi-Autonomous
13.7.2. Autonomous
13.7.3. Tele-Operated
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 Micro-Robots Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Micro-Robots Market: Market Share Analysis
14.2. Micro-Robots Distributors and Customers
14.3. Micro-Robots Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Techject
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Seiko Epson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thermo Fisher Scientific
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. QinetiQ
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. THALES
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Northrop Grumman
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Clearpath Robotics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ReconRobotics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
