Worldwide modular robotics industry expected to reach $17.5 billion by 2027 - ResearchAndMarkets.com

Worldwide modular robotics industry expected to reach $17.5 billion by 2027 – ResearchAndMarkets.com

Dublin – (work wire)–The “Global Modular Robots Market (2022-2027) by Type, Applications, Geography, Competitive Analysis and Impact of Covid-19 with Ansoff Analysis Report added to ResearchAndMarkets.com Show.

The global modular robotics market size is estimated at USD 8.29 billion in 2022 and is expected to reach USD 17.54 billion by 2027, at a compound annual growth rate of 16.17%.

market dynamics

Market dynamics are the forces that influence the prices and behaviors of stakeholders in the global Modular Robots market. These forces create pricing signals that result from changes in the supply and demand curves of a particular product or service. The forces of market dynamics may be related to macroeconomic and microeconomic factors.

There are dynamic market forces other than price, demand and supply. Human emotions can also drive decisions, influence the market, and create price signals. Since market dynamics affect supply and demand curves, decision makers aim to determine how best to use different financial instruments to halt different strategies to accelerate growth and reduce risk.

Competitive Quarter

The report includes the competitive quadrant, a proprietary tool for analyzing and evaluating the position of companies based on the degree of industry position and degree of market performance. The tool uses various factors to classify players into four categories. Some of these factors considered for the analysis are the financial performance over the past three years, growth strategies, degree of innovation, new product launches, investments, growth in market share, etc.

Ansoff analysis

The report provides a detailed analysis of the Ansoff Matrix of the global Modular Robots Market. The Ansoff Matrix, also known as a product/market expansion network, is a strategic tool used to design strategies for a company’s growth. The matrix can be used to evaluate methods in four strategies. Market development, market penetration, product development and diversification. The matrix is ​​also used for risk analysis to understand the risks involved in each approach. The analyst analyzes the global market for modular robots using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis made on the industry and industry players, the analyst devises suitable strategies for market growth.

Why buy this report?

  • The report provides a comprehensive assessment of the global Modular Robots Market. The report includes in-depth qualitative analysis, verifiable data from reliable sources, and projections on the market size. Projections are calculated using proven research methodologies.

  • The report was compiled through extensive primary and secondary research. Primary research is conducted through interviews, surveys and observation of famous employees in the industry.

  • The report includes an in-depth analysis of the market using Porter’s Five Forces Model and Ansoff Matrix. In addition, the impact of Covid-19 on the market is also seen in the report.

  • The report also includes the regulatory scenario in the industry, which will help you make an informed decision. The report discusses the main regulators and the main rules and regulations imposed on this sector across different geographies.

  • The report also contains competitive analysis using Quadrant, the analyst’s competitive positioning tool.

market dynamics

drivers

  • The Industrial Internet of Things (IoT) Breakthrough in the Manufacturing Process

  • Improving the efficiency of the assembly process The adoption of collaborative modular robots is increasing due to its advanced features and benefits

limitations

  • The high cost of developing a suitable solution for a specific use

chances

  • Evolution in the software category due to the adoption of artificial intelligence

  • Industry 4.0 revolution led to fast growing collaborative modular robotics system

Challenges

  • Complexity of modular robotics systems in relation to their designs

Market segmentation

The global Modular Robots market is segmented on the basis of type, applications, and geography.

  • By type, the market is categorized into articulated and SCARA robots.

  • By applications, the market is categorized into electronic products, food and beverages, pharmaceuticals, rubber and chemicals.

  • By geography, the market is segmented into the Americas, Europe, Middle East and Africa, and Asia Pacific.

mentioned companies

  • ABB

  • KOMAO automation

  • Denso

  • Fanuc

  • Kawasaki Heavy Industries

  • Coca

  • Littelfuse

  • Mitsubishi Electric

  • Nachi Fujikoshi

  • Rethink robots

  • Schneider Electric

  • Yaskawa Electric

  • Toshiba machine

For more information about this report visit https://www.researchandmarkets.com/r/n6s9m1

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