Industry Overview
The Used and Refurbished Robots is at 2.5Billion in 2019 and is expected to reach 4.5Billion by 2030. The Used and Refurbished Robots is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. RobotShop, Refurbished Robots, AHP Merkle, Robots.com, RobotWorx, Robot System Products, 3D Robotics, KUKA, FANUC, and others are some of the key players in the market.Used and Refurbished Robots Market Size in (USD Billion) CAGR Growth Rate 6.80%
| Study Period | 2024-2030 |
| Market Size (2019): | 2.5Billion |
| Market Size (2030): | 4.5Billion |
| CAGR (2019 - 2030): | 6.80% |
| Fastest Growing Region | North America |
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The Used and Refurbished Robots Market involves the buying, selling, and repurposing of robots that have been previously owned and used but have been restored to a functional state. This market caters to industries that require robots for tasks like manufacturing, warehousing, and logistics but seek cost-effective alternatives to purchasing new robots. The growth of this market is driven by the increasing need for automation in various sectors, such as automotive, electronics, and packaging, coupled with the high cost of new robots. Refurbished robots provide an affordable solution while maintaining high efficiency and functionality. Companies prefer these robots to avoid long lead times associated with purchasing new ones. Technological advancements have made refurbishing more feasible, as upgrades can be implemented to extend the robots’ lifespans and enhance performance. The market is growing in North America, Europe, and Asia-Pacific, where industrial automation adoption is on the rise.
Key Players
Several key players in the Used and Refurbished Robots market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 5.50%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.- RobotShop
- Refurbished Robots
- AHP Merkle
- Robots.com
- RobotWorx
- Robot System Products
- 3D Robotics
- KUKA
- FANUC
Used and Refurbished Robots Market Segmentation by Players
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Market Dynamics
Market Driver- Emerging Markets
- New Technologies
- Circular Economy
Market Trends
- Refurbishment technologies
- Quality control
- Certification
Opportunity
- Emerging Markets
- New Technologies
- Circular Economy
Challenges
- Quality Concerns
- Reliability
- Safety Concerns
Key Highlights
- The Used and Refurbished Robots is growing at a 6.80% during the forecasted period of 2024 to 2030
- Based on type, the market is bifurcated into Industrial robots, Service robots
- Based on application, the market is segmented into Manufacturing, Logistics, Healthcare, Education, Research
- Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Overview
- Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
- Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
- Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
- Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
- Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
Market Segmentation
Segmentation by Type
- Industrial robots
- Service robots
Used and Refurbished Robots Market Segmentation by Type
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Segmentation by Application
- Manufacturing
- Logistics
- Healthcare
- Education
- Research
Used and Refurbished Robots Market Segmentation by Application
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This report also splits the market by region:
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
North America
Primary & Secondary Approach
The Used and Refurbished Robots is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.
Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.
Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in Used and Refurbished Robots
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.
Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.
Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.Report Infographics:
| Report Features | Details |
| Base Year | 2019 |
| Based Year Market Size (2019) | 2.5Billion |
| Historical Period Market Size (2024) | 1.5Billion |
| CAGR (2019 to 2030) | 6.80% |
| Forecast Period | 2025 to 2030 |
| Forecasted Period Market Size (2030) | 4.5Billion |
| Scope of the Report | Industrial robots, Service robots, Manufacturing, Logistics, Healthcare, Education, Research |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Year on Year Growth | 5.50% |
| Companies Covered | RobotShop, Refurbished Robots, AHP Merkle, Robots.com, RobotWorx, Robot System Products, 3D Robotics, KUKA, FANUC |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Used and Refurbished Robots - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Used and Refurbished Robots Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Used and Refurbished Robots Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Used and Refurbished Robots Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Emerging markets
- 3.1.2 New technologies
- 3.1.3 Circular economy
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3.2 Available Opportunities
- 3.2.1 Emerging markets
- 3.2.2 New technologies
-
3.3 Influencing Trends
- 3.3.1 Refurbishment technologies
- 3.3.2 Qualit
-
3.4 Challenges
- 3.4.1 Quality concerns
- 3.4.2 Reliability
- 3.4.3 Saf
- 3.5 Regional Dynamics
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Chapter 4 : Global Used and Refurbished Robots Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Used and Refurbished Robots Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Used and Refurbished Robots : Competition Benchmarking & Performance Evaluation
- 5.1 Global Used and Refurbished Robots Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Used and Refurbished Robots Revenue 2019
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 Ansoff Matrix
- 5.5 FPNV Positioning Matrix
Chapter 6: Global Used and Refurbished Robots Market: Company Profiles
- 6.1 RobotShop
- 6.1.1 RobotShop Company Overview
- 6.1.2 RobotShop Product/Service Portfolio & Specifications
- 6.1.3 RobotShop Key Financial Metrics
- 6.1.4 RobotShop SWOT Analysis
- 6.1.5 RobotShop Development Activities
- 6.2 Refurbished Robots
- 6.3 AHP Merkle
- 6.4 Robots.com
- 6.5 RobotWorx
- 6.6 Robot System Products
- 6.7 3D Robotics
- 6.8 KUKA
- 6.9 FANUC
- 6.10 ABB
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Chapter 7 : Global Used and Refurbished Robots by Type & Application (2024-2030)
-
7.1 Global Used and Refurbished Robots Market Revenue Analysis (USD Million) by Type (2024-2019)
- 7.1.1 Industrial Robots
- 7.1.2 Service Robots
- 7.1.3 Medical Robots
-
7.2 Global Used and Refurbished Robots Market Revenue Analysis (USD Million) by Application (2024-2019)
- 7.2.1 Manufacturing
- 7.2.2 Logistics
- 7.2.3 Healthcare
- 7.2.4 Education
- 7.2.5 Research
- 7.3 Global Used and Refurbished Robots Market Revenue Analysis (USD Million) by Type (2019-2030)
- 7.4 Global Used and Refurbished Robots Market Revenue Analysis (USD Million) by Application (2019-2030)
Chapter 8 : North America Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 8.1 North America Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 8.1.1 United States
- 8.1.2 Canada
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8.2 North America Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 8.2.1 Industrial Robots
- 8.2.2 Service Robots
- 8.2.3 Medical Robots
-
8.3 North America Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 8.3.1 Manufacturing
- 8.3.2 Logistics
- 8.3.3 Healthcare
- 8.3.4 Education
- 8.3.5 Research
- 8.4 North America Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 8.5 North America Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 8.6 North America Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
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Chapter 9 : LATAM Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 9.1 LATAM Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 9.2.1 Industrial Robots
- 9.2.2 Service Robots
- 9.2.3 Medical Robots
-
9.3 LATAM Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 9.3.1 Manufacturing
- 9.3.2 Logistics
- 9.3.3 Healthcare
- 9.3.4 Education
- 9.3.5 Research
- 9.4 LATAM Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 9.5 LATAM Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 9.6 LATAM Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 10 : West Europe Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 10.1 West Europe Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 10.2.1 Industrial Robots
- 10.2.2 Service Robots
- 10.2.3 Medical Robots
-
10.3 West Europe Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 10.3.1 Manufacturing
- 10.3.2 Logistics
- 10.3.3 Healthcare
- 10.3.4 Education
- 10.3.5 Research
- 10.4 West Europe Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 10.5 West Europe Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 10.6 West Europe Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 11 : Central & Eastern Europe Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 11.2.1 Industrial Robots
- 11.2.2 Service Robots
- 11.2.3 Medical Robots
-
11.3 Central & Eastern Europe Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 11.3.1 Manufacturing
- 11.3.2 Logistics
- 11.3.3 Healthcare
- 11.3.4 Education
- 11.3.5 Research
- 11.4 Central & Eastern Europe Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 11.5 Central & Eastern Europe Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 11.6 Central & Eastern Europe Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 12 : Northern Europe Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 12.2.1 Industrial Robots
- 12.2.2 Service Robots
- 12.2.3 Medical Robots
-
12.3 Northern Europe Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 12.3.1 Manufacturing
- 12.3.2 Logistics
- 12.3.3 Healthcare
- 12.3.4 Education
- 12.3.5 Research
- 12.4 Northern Europe Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 12.5 Northern Europe Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 12.6 Northern Europe Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 13 : Southern Europe Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
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13.2 Southern Europe Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 13.2.1 Industrial Robots
- 13.2.2 Service Robots
- 13.2.3 Medical Robots
-
13.3 Southern Europe Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 13.3.1 Manufacturing
- 13.3.2 Logistics
- 13.3.3 Healthcare
- 13.3.4 Education
- 13.3.5 Research
- 13.4 Southern Europe Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 13.5 Southern Europe Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 13.6 Southern Europe Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 14 : East Asia Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 14.1 East Asia Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 14.2.1 Industrial Robots
- 14.2.2 Service Robots
- 14.2.3 Medical Robots
-
14.3 East Asia Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 14.3.1 Manufacturing
- 14.3.2 Logistics
- 14.3.3 Healthcare
- 14.3.4 Education
- 14.3.5 Research
- 14.4 East Asia Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 14.5 East Asia Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 14.6 East Asia Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 15 : Southeast Asia Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
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15.2 Southeast Asia Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 15.2.1 Industrial Robots
- 15.2.2 Service Robots
- 15.2.3 Medical Robots
-
15.3 Southeast Asia Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 15.3.1 Manufacturing
- 15.3.2 Logistics
- 15.3.3 Healthcare
- 15.3.4 Education
- 15.3.5 Research
- 15.4 Southeast Asia Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 15.5 Southeast Asia Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 15.6 Southeast Asia Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 16 : South Asia Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 16.1 South Asia Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
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16.2 South Asia Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 16.2.1 Industrial Robots
- 16.2.2 Service Robots
- 16.2.3 Medical Robots
-
16.3 South Asia Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 16.3.1 Manufacturing
- 16.3.2 Logistics
- 16.3.3 Healthcare
- 16.3.4 Education
- 16.3.5 Research
- 16.4 South Asia Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 16.5 South Asia Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 16.6 South Asia Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 17 : Central Asia Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 17.1 Central Asia Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 17.2.1 Industrial Robots
- 17.2.2 Service Robots
- 17.2.3 Medical Robots
-
17.3 Central Asia Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 17.3.1 Manufacturing
- 17.3.2 Logistics
- 17.3.3 Healthcare
- 17.3.4 Education
- 17.3.5 Research
- 17.4 Central Asia Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 17.5 Central Asia Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 17.6 Central Asia Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 18 : Oceania Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 18.1 Oceania Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 18.2.1 Industrial Robots
- 18.2.2 Service Robots
- 18.2.3 Medical Robots
-
18.3 Oceania Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 18.3.1 Manufacturing
- 18.3.2 Logistics
- 18.3.3 Healthcare
- 18.3.4 Education
- 18.3.5 Research
- 18.4 Oceania Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 18.5 Oceania Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 18.6 Oceania Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 19 : MEA Used and Refurbished Robots Market Breakdown by Country, Type & Application
- 19.1 MEA Used and Refurbished Robots Market by Country (USD Million) [2024-2019]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
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19.2 MEA Used and Refurbished Robots Market by Type (USD Million) [2024-2019]
- 19.2.1 Industrial Robots
- 19.2.2 Service Robots
- 19.2.3 Medical Robots
-
19.3 MEA Used and Refurbished Robots Market by Application (USD Million) [2024-2019]
- 19.3.1 Manufacturing
- 19.3.2 Logistics
- 19.3.3 Healthcare
- 19.3.4 Education
- 19.3.5 Research
- 19.4 MEA Used and Refurbished Robots Market by Country (USD Million) [2020-2030]
- 19.5 MEA Used and Refurbished Robots Market by Type (USD Million) [2020-2030]
- 19.6 MEA Used and Refurbished Robots Market by Application (USD Million) [2020-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Used and Refurbished Robots market is estimated to derive a market size of 4.5 Billion by 2030.
The Used and Refurbished Robots Market is estimated to grow at a CAGR of 6.80%, currently pegged at 2.5 Billion.
Refurbishment Technologies, Quality Control, Certification, Extended Warranties are seen to make big Impact on Used and Refurbished Robots Market Growth.
The leaders in the Global Used and Refurbished Robots Market such as RobotShop, Refurbished Robots, AHP Merkle, Robots.com, RobotWorx, Robot System Products, 3D Robotics, KUKA, FANUC, ABB are targeting innovative and differentiated growth drivers some of them are Emerging Markets, New Technologies, Circular Economy, Sustainability
Business transformation in Used and Refurbished Robots Market has taken hold due to the confluence of several important triggers, some of them are Quality Concerns, Reliability, Safety Concerns, Lack Of Standardization.
Some of the opportunities that Analyst at HTF MI have identified in Used and Refurbished Robots Market are:
- Emerging Markets
- New Technologies
- Circular Economy
- Sustainability
RobotShop, Refurbished Robots, AHP Merkle, Robots.com, RobotWorx, Robot System Products, 3D Robotics, KUKA, FANUC, ABB are the major operating companies profiled in Used and Refurbished Robots market study.
Research paper of Global Used and Refurbished Robots Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Manufacturing, Logistics, Healthcare, Education, Research.
The Global Used and Refurbished Robots Market Study is segmented by Industrial robots, Service robots, Medical robots.
The Global Used and Refurbished Robots Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2024 - Base year: 2019. Forecast period**: 2025 to 2030 [** unless otherwise stated]
The Used and Refurbished Robots Market involves the buying, selling, and repurposing of robots that have been previously owned and used but have been restored to a functional state. This market caters to industries that require robots for tasks like manufacturing, warehousing, and logistics but seek cost-effective alternatives to purchasing new robots. The growth of this market is driven by the increasing need for automation in various sectors, such as automotive, electronics, and packaging, coupled with the high cost of new robots. Refurbished robots provide an affordable solution while maintaining high efficiency and functionality. Companies prefer these robots to avoid long lead times associated with purchasing new ones. Technological advancements have made refurbishing more feasible, as upgrades can be implemented to extend the robots’ lifespans and enhance performance. The market is growing in North America, Europe, and Asia-Pacific, where industrial automation adoption is on the rise.
