Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Global Advanced Robotics Market 2030 by Component, Type of Robot, Technology, Functionality, Mode of Operation, Application, End-use Industry & Region - Partner & Customer Ecosystem Competitive Index & Regional Footprints" report has been added to ResearchAndMarkets.com's offering.
Projected Growth in Automation Technologies and AI Integration Catalyzes Expansion of Global Advanced Robotics Market
The global marketplace is on the cusp of a transformation, driven by advanced robotics—a sector that stands to redefine an array of industries by 2030. In the latest industry analysis, experts have meticulously compiled essential insights encapsulating the thriving Advanced Robotics Market and its projected upsurge from USD 24.33 billion in 2023 to an estimated valuation by the end of the decade, with a CAGR of 15.77%.
This exponential growth trajectory is attributed to pivotal innovations within the robotics landscape, including the seamless amalgamation of artificial intelligence (AI) and machine learning (ML), which are revolutionizing robotic functionalities across the board. From the manufacturing floor to intricate surgical procedures, advanced robotics is not only enhancing productivity but also reshaping occupational safety and operational efficiency.
North America Shines as a Leader in Robotics Advancements While Asia-Pacific Rises in Adoption
North America, particularly the United States, leads the charge in the development and application of advanced robotics, serving as the bedrock for technological advancements and the adoption of sophisticated robotic systems across numerous industries. Meanwhile, the Asia-Pacific region, particularly nations such as China, Japan, and South Korea, is pioneering rapid growth and innovation in robotics, demonstrating strong market potential and appetite for advanced automation technology.
The comprehensive market review provides a granular examination of the sector, pinpointing key components, robot types, and technologies poised to shape the trajectory of advanced robotics implementation. Moreover, the report dissects the market based on functionality, mode of operation, application, and end-use industry insights, framing an all-encompassing view of the opportunities and dynamics at play.
Industry aficionados and stakeholders will find within the analysis a rich trove of data and foresight, delving into the competitive landscape, technological thresholds and innovations, as well as strategic market opportunities and industry tendencies set to redefine the contours of the Advanced Robotics Market into the next decade.
Strategic Insights into the Advanced Robotics Sector
This industry analysis is an invaluable resource for understanding the depth and breadth of advanced robotics, its current state, and future possibilities. As robotics evolve to become more adaptive, intuitive, and intertwined with human endeavors, the market insights provide an essential vantage point for businesses, innovators, and policymakers to navigate this transformative technological wave and its impact on global industry norms and economies.
Harnessing Robotic Potentials Across Varied Industry Verticals
- Sensors and Perception Technologies Elevate Robotics: Enhancing the sensory acuity of robots, cutting-edge sensor, and perception technologies are integral to the modernization of robotics, allowing for an unprecedented level of environmental interaction and data interpretation.
- Emergence of Cobots: The increasing deployment of collaborative robots (cobots) in shared workspaces reflects the industry's trend towards safety and symbiosis between human workers and robotic systems.
- Healthcare Revolution through Robotics: Advanced robotics is poised to make significant impacts within the healthcare sector, improving patient care and surgical outcomes through increased precision and support.
Companies Mentioned
- ABB Ltd
- Denso Corporation
- Fanuc Corporation
- KUKA AG
- Kawasaki Robotics (Kawasaki Heavy Industries, Ltd.)
- Mitsubishi Electric Corporation
- OMRON Corporation
- Seiko Epson Corporation
- Stäubli International AG
- Yaskawa Electric Corporation
- NXP Semiconductors
- Rethink Robotics
- CMA Robotics
- ST Robotics
- Techman Robots
For more information about this report visit https://www.researchandmarkets.com/r/99js74
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
