Robotics Market Forecasts - Critical Turning Point as Non-Industrial Robots Overtake Industrial Robots in Market Size - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Robotics Market Forecasts: Consumer Robots, Enterprise Robots, Industrial Robots, Healthcare Robots, Military Robots, Unmanned Aerial Vehicles and Autonomous Vehicles" report to their offering.

The global robotics industry will expand from $34.1 billion in 2016 to $226.2 billion by 2021, representing a compound annual growth rate (CAGR) of 46%.

The robotics market is undergoing a major transformation, in which robots are growing beyond being the workhorses of industrial shop floors, and are beginning to assume the roles of personal assistants, delivery vehicles, surgical assistants, exoskeletons, autonomous vehicles, and unmanned aerial vehicles (UAVs), among many others.

Until now, industrial robots have made up more than 50% of overall robotics market revenue, however according to this new report, 2016 marks one of the critical turning points of this shift in the robotics market, as the market intelligence firm estimates that industrial robots will drop to 41% of total robotics revenue, with the remaining 59% coming from non-industrial robots. The non-industrial sector largely consists of consumer robots, enterprise robots, military robots, unmanned aerial vehicles, and autonomous vehicles.

Key Questions Addressed:

  • What will be the key drivers of robotics market growth between 2016 and 2021?
  • How do declining prices for industrial and non-industrial robots impact their revenue potential in the future?
  • How does demand vary among world regions for both industrial and non-industrial robots?
  • What will be the attach rates of technologies such as machine vision, voice and speech recognition, gesture control, and tactile sensors for each application market?
  • What are the product rollout and adoption timelines for the newer robot categories such as logistics robots, customer service robots, exoskeletons, UAVs, and autonomous vehicles?

Key Topics Covered:

1. Executive Summary

2. Definitions and Scope

3. Market Data Highlights

4. Acronym and Abbreviation List

5. Table of Contents

6. Table of Charts and Figures

7. Scope of Study, Sources and Methodology, Notes

For more information about this report visit http://www.researchandmarkets.com/research/7dqdlw/robotics_market

Related Topics: Healthcare, Robotics, Industrial Automation , Unmanned Aerial Vehicles (UAVs) - Drones, Military Unmanned Systems

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716