Top Robotics Market by Industrial Robotics & Service Robotics - Global Forecast to 2022 - Expected to Reach $23.90 Billion - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Top Robotics Market - Global Forecast to 2022" report to their offering.

The service robotics segment of top robotics market is expected to grow at a CAGR of 15.18% between 2016 and 2022 to reach USD 23.90 billion by 2022.

The increasing usage of robots across warehouse automation applications, medical and healthcare sectors, and education and research institutes; and short-to-medium-term payback period are some of the major factors driving the growth of the service robotics market worldwide. However, the growth of the market is expected to be hindered by high costs required for R&D, performance in untested environment, and lack of high-level interfacing.

Articulated robots range from simple two-joint robots to complex ten-joint robots. The more joints an articulated robot has, the greater is its range of motion. Articulated robots held the largest share of the top industrial robotics market and the same trend is expected to continue in the near future. This growth of articulated robots is majorly attributed to the significant deployment of articulated robotic arms among diversified industrial applications, especially across automotive, and electrical and electronics industries.

Companies Mentioned:

  • ABB Ltd.
  • Adept Technology, Inc.
  • Aethon Inc.
  • DJI
  • Delaval International Ab
  • Fanuc Corp
  • Honda Motor Co., Ltd.
  • Intuitive Surgical, Inc.
  • Irobot Corporation
  • Kawasaki Heavy Industries Ltd.
  • Kuka Ag
  • Lely Holding S.A.R.L.
  • Mitsubishi Electric Corp
  • Nachi-Fujikoshi Corp
  • Northrop Grumman Corporation
  • Parrot Sa
  • The Lego Group
  • Yaskawa Electric Corp

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Market Overview

4 Analysis of Top Robotics Market

5 Company Profiles

6 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/w3ghfc/top_robotics

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
Related Topics: Robotics, Industrial Automation

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
Related Topics: Robotics, Industrial Automation