Global Adaptive Robotics Market 2024-2028
The adaptive robotics market is forecasted to grow by USD 12.30 bn during 2023-2028, accelerating at a CAGR of 24.32% during the forecast period. The report on the adaptive robotics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in applications of collaborative robots, rise in awareness regarding adopting adaptive robots in manufacturing sectors, and rapid increase of adaptive robots in construction activities.
Technavio's adaptive robotics market is segmented as below:
By Product
- Industrial adaptive robots
- Service adaptive robots
By Type
- Manufacturing
- Automotive
- Logistics
- Healthcare
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of Internet of Things (IoT) as one of the prime reasons driving the adaptive robotics market growth during the next few years. Also, rising public investment in robotics industry and advances in adaptive robots in navigation systems will lead to sizable demand in the market.
The report on the adaptive robotics market covers the following areas:
- Adaptive robotics market sizing
- Adaptive robotics market forecast
- Adaptive robotics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading adaptive robotics market vendors that include FANUC Corp., Flexiv Robotics Inc., MIDEA Group Co. Ltd., RAG Stiftung, Robotnik Automation SLL, Teradyne Inc., Yaskawa Electric Corp., J. Schmalz GmbH, Mujin Corp., Soft Robotics Inc., WEISS ROBOTICS GMBH and CO. KG, and Robotiq Inc.. Also, the adaptive robotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.