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Robot Market size was valued at USD 79.5 billion in 2021 and is poised to grow from USD 89.27 billion in 2022 to USD 253.38 billion by 2030, growing at a CAGR of 12.29% in the forecast period (2023-2030).
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Global Robot Market Size, Share, Growth Analysis, By Product UVC Disinfection Robots By Vertical- Industry Forecast 2023-2030 Robot Market size was valued at USD 79.5 billion in 2021 and is poised to grow from USD 89.27 billion in 2022 to USD 253.38 billion by 2030, growing at a CAGR of 12.29% in the forecast period (2023-2030). Robot manufacturers are seeing a surge in robot market demand as more businesses implement industry 4.0 technologies and automation in their production lines. Technology providers are collaborating with market players to provide enterprise-grade automation solutions such as navigation, mapping, risk, and obstacle avoidance to robot manufacturers. The introduction of robotics technologies is expected to revolutionise last- mile delivery systems and open up new market opportunities for both existing and new delivery and service market leaders. Following COVID-19, several hotels, airports, and educational and research institutions are deploying delivery or service robots to deliver food and beverages to their customers and students. During the forecast timeframe, the rising
adoption of delivery robots to promote more socially distant models of operation will propel industry growth. Due to significant increases in investment in industrial robots around the world, the automotive industry is regarded as one of the most critical applications of industrial robots. For example, in 2020, BMW AG signed an agreement with KUKA to supply approximately 5,000 robots for use in new production lines and factories around the world. KUKA also stated that these industrial robots would be used to manufacture current and future vehicle models at the BMW Group's international production sites around the world.
Global Robot Market Segmental Analysis The global robot market is segmented based on the product, vertical and region. Based on the product, it is segmented into UVC disinfection robots [fully autonomous, semi-autonomous], delivery robots [serving robots, indoor delivery robots], guide robots, and security robots. Based on vertical, it is segmented retail, hospitality, education & scientific research, healthcare, residential, public, and food & beverage. Based on region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA. View-More https://www.skyquestt.com/report/robot- market Robot Market Top Players Company Profiles •Yaskawa Electric Corporation •Fanuc Corporation •Yamaha Motor Co. Ltd •ABB Ltd. •Fanuc Corporation
•Kawasaki Heavy Industries, Ltd. •Mitsubishi Electric Corporation •Universal Robots A/S •Nachi-Fujikoshi Corporation •Denso Corporation •Omron Adept Technologies, Inc. •Epson Robots •Stäubli International AG •Comau S.p.A. •Dürr AG •Siasun Robot & Automation Co., Ltd. •Schunk GmbH & Co. KG •Adept Technology, Inc. About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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