Global Robotics Market, Trends, Analysis, Opportunities, Share and Forecast,2018-2027

1. Global Forecast,2018-2027 Robotics Market, Trends, Analysis, Opportunities, Share and The use of robotics technology allows users to automate processes, increase productivity, enhance quality and reduce human errors. Rapid growth in Industrialization and Automation drive the robotics market. Rapidly Increase in demand for automation and the growth in industrialization pushing manufacturers to the use of industrial robots. Organizations are adopting robotics to automate their processes to deliver high-quality products, increase their manufacturing capabilities, provide better customer service, reduced human errors, enhanced safety of the workforce and efficiently manage their processesThe utility of robotics has gained its applications in the field of health care, food, and beverage, agriculture and education among others. These industries have started using service robots to meet their requirements and increase efficiency. “The Global Robotics Market was valued at USD 42.65 billion in 2018 and it is expected to reach more than USD xx billion by 2027, likely to grow at a CAGR of 26.3 % during the forecast period.” To request a sample copy or view summary of this report, click the link below: https://www.bizizzmarketresearch.com/sample/global-robotics-market The industrial robots to hold a larger market share during the forecast period .The Industrial Robotics Market size was valued around at USD 42.3 million in 2018 which is dominating the robotics market. More than 50 years of Industrial robots have been in the market. The collaborative robots have only started to gain market share during the last decade. The manufacturing, automotive, electronics, and metal industries account for the major clients for the deployment of traditional industrial robots due to their high volume of production. APAC is expected fastest-growing market during the forecast period.APAC held the largest share in 2018 and it is expected to grow at the fastest pace during the

2. forecast period. Meanwhile, East Asia and South Asia are showing tremendous growth. The local manufacturers in China are instructed to increase the yield of industrial robots from about 150, 000 in 2020 to 400, 000 by 2030 Under ‘Made in China 2025’ strategy. The cost of labor is increasing significantly in countries such as India, and China. In addition, vehicle production in India and China is progressing at a healthy rate of 5.9% and 3.4% respectively, which is further complementing the growth of the industrial robotics market. The global robotics market consists of several major players and few of the major players currently dominate the market in terms of market share. These companies are leveraging strategic collaborative initiatives to increase their market share and increase their profitability.Some of the major players in the global robotics market are Northrop Grumman Corporation(US), BOSTON DYNAMICS (US), iROBOT Corporation (US), Heavy Industries, Ltd. (China), ABB Limited (Switzerland), Omron Corporation(Japan), FANUC CORPORATION(Japan), Kuka AG (Germany), Yaskawa Electric Corporation(Japan), and Denso Corporation (Japan), Universal Robots A/S (Denmark), Kawasaki, Honda Motor Co. Ltd (Japan), Mitsubishi Electric Corporation (Japan), Sony Corporation (Japan) Impact of COVID-19 on Economy, Industry and Company The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries. At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions. Areas at which Bizizz Market Research would help decision makers are: a) Insights on current demand & supply gap analysis b) Impact on value chain and supply chain and strategies adopted to off set its impact c) Impact on Industry / company revenue and predictive intelligence on forecast sales d) In-depth analysis on market segmentation – both value and volume analysis e) Market assessment, regional and country attractiveness, competitive benchmarking and entry strategy

3. f) Prioritizing strategies and how it would impact company’s short to long-term business outlook About Bizizz Market Research: Bizizz Market Research (BMR) is an unique market research, consulting, and business solution organization that offers best strategic and tactical support to customers to enhance their business decision process. BMR team is full of impassioned & dedicated experts who thrives to give their very best to their clients and always ready to take any challenge. Our expanding team of professionals & experts from a wide array of streams and vertical has critical problem solving skills, innovative approaches and research techniques to deliver best solution to our clients. We continuously pushing our capabilities to enhance our services and setting higher quality goals each day. BMR offers syndicated reports, custom reports and consulting services to our clients. We are capable of catering the market research demands of individuals and organizations of various industries across different geographies with utmost data accuracy in minimal turnaround time. Contact Us : Bizizz Market Research 410 E Santa Clara Street, Unit #762 San Jose, CA 95113 Phone :+1 408-622-0123 Email : sales@bizizzmarketresearch.com Website : www.bizizzmarketresearch.com