Robotics Market  Growth with Key Drivers, Business Insights, Trends And Forecast To 2030

The global robotics market size was valued at $12.1 billion in 2020, and is expected to reach $149.9 billion by 2030, with a CAGR of 27.7% from 2021 to 2030. In 2020, Europe dominated the global robotics market, in terms of revenue, accounting for around 44.4% share of the global market. The scope of the market limits to the study of the robots that re used in automotive, healthcare, retail, electronics and similar other industries for disinfection, shelf scanning, RFID scanning, delivery, security & inspection and advertising.

The robotics market is mainly driven by increase in adoption of automation for commercial purposes. For instance, there has been increase in demand for disinfection robots post outbreak of COVID-19. Similarly, owing to its high efficiency and low operating cost, security & inspection and delivery robots are in demand in the commercial market. These factors propel the robotics market around the world.

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Top Players:

Key players profiled in this report include Blue Ocean Robotics, Brain Corporation, Fetch Robotics, Inc., Honeywell International Inc., Motorola Solutions, Inc., RoboAds, Siemens, Simbe Robotics, Inc., SMP Robotics and Xenex Disinfection Services Inc.

Regional Analysis:

Region wise, the global robotics market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Europe was the highest contributor to the market, and is anticipated to secure a leading position during the forecast period. In addition, LAMEA is expected to grow at the highest CAGR during the forecast period. 

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Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging global robotics market trends and dynamics. 
  • Depending on application, the security & inspection segment was the largest revenue generator in 2020.
  • By and user, the retail segment generated the highest revenue in 2020.
  • Region wise, Europe is anticipated to dominate the global robotics market throughout the study period.
  • The report provides an extensive analysis of the global robotics market trends and emerging opportunities of the market. 
  • The global robotics market forecast analysis from 2021 to 2030 is included in the report.

KEY QUESTIONS ANSWERED IN THE REPORT:

Q1. At what CAGR will the Robotics Market is expected to expand in between 2021 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report for Robotics Market?

Q4. Which factors drive the growth of the global industry?

Q5. Who are the leading players in Robotics Market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of Robotics Market?

Q8. What are the major growth strategies of Robotics e Market Players?

Q9. By product, which segment is projected to manifest the highest CAGR during 2021 – 2030?

Q10. By Region, which segment dominated in 2020 and would maintain the lead over the forecast period?

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