Industry Overview
The Smart Robotics is at USD10Billion in 2019 and is expected to reach USD25Billion by 2030. The Smart Robotics 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. ABB, KUKA, Fanuc, Yaskawa Electric, Omron, Universal Robots, Boston Dynamics, iRobot, Mitsubishi Electric, Denso, Epson, NVIDIA, Honeywell, Cisco, and others are some of the key players in the market.Smart Robotics Market Size in (USD Billion) CAGR Growth Rate 12.00%
| Study Period | 2024-2030 |
| Market Size (2019): | USD10Billion |
| Market Size (2030): | USD25Billion |
| CAGR (2019 - 2030): | 12.00% |
| Fastest Growing Region | North America |
| Dominating Region | Asia-Pacific |
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The Smart Robotics Market refers to the development and use of robots integrated with advanced artificial intelligence (AI), machine learning, and automation to perform tasks that require human-like decision-making and interaction. These robots are equipped with sensors, cameras, and processing systems to autonomously execute tasks in various industries, including manufacturing, healthcare, logistics, and service industries. The market is expanding due to advancements in AI and robotics technology, as well as the increasing demand for automation and efficiency. In healthcare, smart robots are being used for surgery, rehabilitation, and patient monitoring. In manufacturing, they are streamlining production lines and improving precision. The market is driven by the need for cost reduction, improved safety, and enhanced productivity across industries. As robotics technology continues to evolve, the smart robotics market is expected to experience rapid growth, with further integration of AI and machine learning capabilities in diverse applications.
Key Players
Several key players in the Smart Robotics 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 9.50%. 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.- ABB
- KUKA
- Fanuc
- Yaskawa Electric
- Omron
- Universal Robots
- Boston Dynamics
- iRobot
- Mitsubishi Electric
- Denso
- Epson
- NVIDIA
- Honeywell
- Cisco
Smart Robotics Market Segmentation by Players
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Market Dynamics
Market Driver- Expanding E-commerce, Growing Demand For Automation In Various Industries, Advancements In AI And Robotics
Market Trends
- Artificial Intelligence (AI), Machine Learning, Internet of Things (IoT), Cloud Robotics, Human-Robot Collaboration
Opportunity
- Expanding E-commerce, Growing Demand For Automation In Various Industries, Advancements In AI And Robotics
Challenges
- High Initial Investment, Integration Challenges, Safety Concerns, Job Displacement Concerns
Key Highlights
- The Smart Robotics is growing at a 12.00% during the forecasted period of 2024 to 2030
- Based on type, the market is bifurcated into Industrial Robots, Collaborative Robots (Cobots), Service Robots, Medical Robots
- Based on application, the market is segmented into Manufacturing, Healthcare, Logistics, Agriculture, Domestic Use
- 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
- Collaborative Robots (Cobots)
- Service Robots
- Medical Robots
Smart Robotics Market Segmentation by Type
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Segmentation by Application
- Manufacturing
- Healthcare
- Logistics
- Agriculture
- Domestic Use
Smart Robotics 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
Dominating Region
Asia-Pacific
Market Estimation Process
Primary & Secondary Approach
The Smart Robotics 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 Smart Robotics
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) | USD10Billion |
| Historical Period Market Size (2024) | USD8Billion |
| CAGR (2019 to 2030) | 12.00% |
| Forecast Period | 2025 to 2030 |
| Forecasted Period Market Size (2030) | USD25Billion |
| Scope of the Report | Industrial Robots, Collaborative Robots (Cobots), Service Robots, Medical Robots, Manufacturing, Healthcare, Logistics, Agriculture, Domestic Use |
| 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 | 9.50% |
| Companies Covered | ABB, KUKA, Fanuc, Yaskawa Electric, Omron, Universal Robots, Boston Dynamics, iRobot, Mitsubishi Electric, Denso, Epson, NVIDIA, Honeywell, Cisco |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Smart Robotics - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Smart Robotics Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Smart Robotics Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Smart Robotics Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Expanding E-commerce, Growing Demand for Automation in Various Industries, Advancements in AI and Robotics
-
3.2 Available Opportunities
- 3.2.1 Expanding E-commerce, Growing Demand for Automation in Various Industries, Advancements in AI and Robotics
-
3.3 Influencing Trends
- 3.3.1 Artificial Intelligence (AI), Machine Learning, Internet of Things (IoT), Cloud Robotics, Human-Robot Collaboration
-
3.4 Challenges
- 3.4.1 High Initial Investment, Integration Challenges, Safety Concerns, Job Displacement Concerns
- 3.5 Regional Dynamics
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Chapter 4 : Global Smart Robotics 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 Smart Robotics 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: Smart Robotics : Competition Benchmarking & Performance Evaluation
- 5.1 Global Smart Robotics 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 Smart Robotics Revenue 2019
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 Ansoff Matrix
- 5.5 FPNV Positioning Matrix
Chapter 6: Global Smart Robotics Market: Company Profiles
- 6.1 ABB
- 6.1.1 ABB Company Overview
- 6.1.2 ABB Product/Service Portfolio & Specifications
- 6.1.3 ABB Key Financial Metrics
- 6.1.4 ABB SWOT Analysis
- 6.1.5 ABB Development Activities
- 6.2 KUKA
- 6.3 Fanuc
- 6.4 Yaskawa Electric
- 6.5 Omron
- 6.6 Universal Robots
- 6.7 Boston Dynamics
- 6.8 IRobot
- 6.9 Mitsubishi Electric
- 6.10 Denso
- 6.11 Epson
- 6.12 NVIDIA
- 6.13 Honeywell
- 6.14 Cisco
- 6.15 Siemens
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Chapter 7 : Global Smart Robotics by Type & Application (2024-2030)
-
7.1 Global Smart Robotics Market Revenue Analysis (USD Million) by Type (2024-2019)
- 7.1.1 Industrial Robots
- 7.1.2 Collaborative Robots (Cobots)
- 7.1.3 Service Robots
- 7.1.4 Medical Robots
- 7.1.5 Mobile Robots
-
7.2 Global Smart Robotics Market Revenue Analysis (USD Million) by Application (2024-2019)
- 7.2.1 Manufacturing
- 7.2.2 Healthcare
- 7.2.3 Logistics
- 7.2.4 Agriculture
- 7.2.5 Domestic Use
- 7.3 Global Smart Robotics Market Revenue Analysis (USD Million) by Type (2019-2030)
- 7.4 Global Smart Robotics Market Revenue Analysis (USD Million) by Application (2019-2030)
Chapter 8 : North America Smart Robotics Market Breakdown by Country, Type & Application
- 8.1 North America Smart Robotics Market by Country (USD Million) [2024-2019]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Smart Robotics Market by Type (USD Million) [2024-2019]
- 8.2.1 Industrial Robots
- 8.2.2 Collaborative Robots (Cobots)
- 8.2.3 Service Robots
- 8.2.4 Medical Robots
- 8.2.5 Mobile Robots
-
8.3 North America Smart Robotics Market by Application (USD Million) [2024-2019]
- 8.3.1 Manufacturing
- 8.3.2 Healthcare
- 8.3.3 Logistics
- 8.3.4 Agriculture
- 8.3.5 Domestic Use
- 8.4 North America Smart Robotics Market by Country (USD Million) [2020-2030]
- 8.5 North America Smart Robotics Market by Type (USD Million) [2020-2030]
- 8.6 North America Smart Robotics Market by Application (USD Million) [2020-2030]
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Chapter 9 : LATAM Smart Robotics Market Breakdown by Country, Type & Application
- 9.1 LATAM Smart Robotics 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 Smart Robotics Market by Type (USD Million) [2024-2019]
- 9.2.1 Industrial Robots
- 9.2.2 Collaborative Robots (Cobots)
- 9.2.3 Service Robots
- 9.2.4 Medical Robots
- 9.2.5 Mobile Robots
-
9.3 LATAM Smart Robotics Market by Application (USD Million) [2024-2019]
- 9.3.1 Manufacturing
- 9.3.2 Healthcare
- 9.3.3 Logistics
- 9.3.4 Agriculture
- 9.3.5 Domestic Use
- 9.4 LATAM Smart Robotics Market by Country (USD Million) [2020-2030]
- 9.5 LATAM Smart Robotics Market by Type (USD Million) [2020-2030]
- 9.6 LATAM Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 10 : West Europe Smart Robotics Market Breakdown by Country, Type & Application
- 10.1 West Europe Smart Robotics 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 Smart Robotics Market by Type (USD Million) [2024-2019]
- 10.2.1 Industrial Robots
- 10.2.2 Collaborative Robots (Cobots)
- 10.2.3 Service Robots
- 10.2.4 Medical Robots
- 10.2.5 Mobile Robots
-
10.3 West Europe Smart Robotics Market by Application (USD Million) [2024-2019]
- 10.3.1 Manufacturing
- 10.3.2 Healthcare
- 10.3.3 Logistics
- 10.3.4 Agriculture
- 10.3.5 Domestic Use
- 10.4 West Europe Smart Robotics Market by Country (USD Million) [2020-2030]
- 10.5 West Europe Smart Robotics Market by Type (USD Million) [2020-2030]
- 10.6 West Europe Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 11 : Central & Eastern Europe Smart Robotics Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Smart Robotics 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 Smart Robotics Market by Type (USD Million) [2024-2019]
- 11.2.1 Industrial Robots
- 11.2.2 Collaborative Robots (Cobots)
- 11.2.3 Service Robots
- 11.2.4 Medical Robots
- 11.2.5 Mobile Robots
-
11.3 Central & Eastern Europe Smart Robotics Market by Application (USD Million) [2024-2019]
- 11.3.1 Manufacturing
- 11.3.2 Healthcare
- 11.3.3 Logistics
- 11.3.4 Agriculture
- 11.3.5 Domestic Use
- 11.4 Central & Eastern Europe Smart Robotics Market by Country (USD Million) [2020-2030]
- 11.5 Central & Eastern Europe Smart Robotics Market by Type (USD Million) [2020-2030]
- 11.6 Central & Eastern Europe Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 12 : Northern Europe Smart Robotics Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Smart Robotics 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 Smart Robotics Market by Type (USD Million) [2024-2019]
- 12.2.1 Industrial Robots
- 12.2.2 Collaborative Robots (Cobots)
- 12.2.3 Service Robots
- 12.2.4 Medical Robots
- 12.2.5 Mobile Robots
-
12.3 Northern Europe Smart Robotics Market by Application (USD Million) [2024-2019]
- 12.3.1 Manufacturing
- 12.3.2 Healthcare
- 12.3.3 Logistics
- 12.3.4 Agriculture
- 12.3.5 Domestic Use
- 12.4 Northern Europe Smart Robotics Market by Country (USD Million) [2020-2030]
- 12.5 Northern Europe Smart Robotics Market by Type (USD Million) [2020-2030]
- 12.6 Northern Europe Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 13 : Southern Europe Smart Robotics Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Smart Robotics 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
-
13.2 Southern Europe Smart Robotics Market by Type (USD Million) [2024-2019]
- 13.2.1 Industrial Robots
- 13.2.2 Collaborative Robots (Cobots)
- 13.2.3 Service Robots
- 13.2.4 Medical Robots
- 13.2.5 Mobile Robots
-
13.3 Southern Europe Smart Robotics Market by Application (USD Million) [2024-2019]
- 13.3.1 Manufacturing
- 13.3.2 Healthcare
- 13.3.3 Logistics
- 13.3.4 Agriculture
- 13.3.5 Domestic Use
- 13.4 Southern Europe Smart Robotics Market by Country (USD Million) [2020-2030]
- 13.5 Southern Europe Smart Robotics Market by Type (USD Million) [2020-2030]
- 13.6 Southern Europe Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 14 : East Asia Smart Robotics Market Breakdown by Country, Type & Application
- 14.1 East Asia Smart Robotics 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 Smart Robotics Market by Type (USD Million) [2024-2019]
- 14.2.1 Industrial Robots
- 14.2.2 Collaborative Robots (Cobots)
- 14.2.3 Service Robots
- 14.2.4 Medical Robots
- 14.2.5 Mobile Robots
-
14.3 East Asia Smart Robotics Market by Application (USD Million) [2024-2019]
- 14.3.1 Manufacturing
- 14.3.2 Healthcare
- 14.3.3 Logistics
- 14.3.4 Agriculture
- 14.3.5 Domestic Use
- 14.4 East Asia Smart Robotics Market by Country (USD Million) [2020-2030]
- 14.5 East Asia Smart Robotics Market by Type (USD Million) [2020-2030]
- 14.6 East Asia Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 15 : Southeast Asia Smart Robotics Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Smart Robotics 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 Smart Robotics Market by Type (USD Million) [2024-2019]
- 15.2.1 Industrial Robots
- 15.2.2 Collaborative Robots (Cobots)
- 15.2.3 Service Robots
- 15.2.4 Medical Robots
- 15.2.5 Mobile Robots
-
15.3 Southeast Asia Smart Robotics Market by Application (USD Million) [2024-2019]
- 15.3.1 Manufacturing
- 15.3.2 Healthcare
- 15.3.3 Logistics
- 15.3.4 Agriculture
- 15.3.5 Domestic Use
- 15.4 Southeast Asia Smart Robotics Market by Country (USD Million) [2020-2030]
- 15.5 Southeast Asia Smart Robotics Market by Type (USD Million) [2020-2030]
- 15.6 Southeast Asia Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 16 : South Asia Smart Robotics Market Breakdown by Country, Type & Application
- 16.1 South Asia Smart Robotics Market by Country (USD Million) [2024-2019]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Smart Robotics Market by Type (USD Million) [2024-2019]
- 16.2.1 Industrial Robots
- 16.2.2 Collaborative Robots (Cobots)
- 16.2.3 Service Robots
- 16.2.4 Medical Robots
- 16.2.5 Mobile Robots
-
16.3 South Asia Smart Robotics Market by Application (USD Million) [2024-2019]
- 16.3.1 Manufacturing
- 16.3.2 Healthcare
- 16.3.3 Logistics
- 16.3.4 Agriculture
- 16.3.5 Domestic Use
- 16.4 South Asia Smart Robotics Market by Country (USD Million) [2020-2030]
- 16.5 South Asia Smart Robotics Market by Type (USD Million) [2020-2030]
- 16.6 South Asia Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 17 : Central Asia Smart Robotics Market Breakdown by Country, Type & Application
- 17.1 Central Asia Smart Robotics Market by Country (USD Million) [2024-2019]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Smart Robotics Market by Type (USD Million) [2024-2019]
- 17.2.1 Industrial Robots
- 17.2.2 Collaborative Robots (Cobots)
- 17.2.3 Service Robots
- 17.2.4 Medical Robots
- 17.2.5 Mobile Robots
-
17.3 Central Asia Smart Robotics Market by Application (USD Million) [2024-2019]
- 17.3.1 Manufacturing
- 17.3.2 Healthcare
- 17.3.3 Logistics
- 17.3.4 Agriculture
- 17.3.5 Domestic Use
- 17.4 Central Asia Smart Robotics Market by Country (USD Million) [2020-2030]
- 17.5 Central Asia Smart Robotics Market by Type (USD Million) [2020-2030]
- 17.6 Central Asia Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 18 : Oceania Smart Robotics Market Breakdown by Country, Type & Application
- 18.1 Oceania Smart Robotics Market by Country (USD Million) [2024-2019]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Smart Robotics Market by Type (USD Million) [2024-2019]
- 18.2.1 Industrial Robots
- 18.2.2 Collaborative Robots (Cobots)
- 18.2.3 Service Robots
- 18.2.4 Medical Robots
- 18.2.5 Mobile Robots
-
18.3 Oceania Smart Robotics Market by Application (USD Million) [2024-2019]
- 18.3.1 Manufacturing
- 18.3.2 Healthcare
- 18.3.3 Logistics
- 18.3.4 Agriculture
- 18.3.5 Domestic Use
- 18.4 Oceania Smart Robotics Market by Country (USD Million) [2020-2030]
- 18.5 Oceania Smart Robotics Market by Type (USD Million) [2020-2030]
- 18.6 Oceania Smart Robotics Market by Application (USD Million) [2020-2030]
Chapter 19 : MEA Smart Robotics Market Breakdown by Country, Type & Application
- 19.1 MEA Smart Robotics 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
-
19.2 MEA Smart Robotics Market by Type (USD Million) [2024-2019]
- 19.2.1 Industrial Robots
- 19.2.2 Collaborative Robots (Cobots)
- 19.2.3 Service Robots
- 19.2.4 Medical Robots
- 19.2.5 Mobile Robots
-
19.3 MEA Smart Robotics Market by Application (USD Million) [2024-2019]
- 19.3.1 Manufacturing
- 19.3.2 Healthcare
- 19.3.3 Logistics
- 19.3.4 Agriculture
- 19.3.5 Domestic Use
- 19.4 MEA Smart Robotics Market by Country (USD Million) [2020-2030]
- 19.5 MEA Smart Robotics Market by Type (USD Million) [2020-2030]
- 19.6 MEA Smart Robotics 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 Smart Robotics market is estimated to derive a market size of USD25 billion by 2030.
According to the report,the Smart Robotics Industry size is projected to reach USD25 billion, exhibiting a CAGR of 12.00% by 2030.
Artificial Intelligence (AI), Machine Learning, Internet Of Things (IoT), Cloud Robotics, Human-Robot Collaboration are seen to make big Impact on Smart Robotics Market Growth.
The leaders in the Global Smart Robotics Market such as ABB, KUKA, Fanuc, Yaskawa Electric, Omron, Universal Robots, Boston Dynamics, iRobot, Mitsubishi Electric, Denso, Epson, NVIDIA, Honeywell, Cisco, Siemens are targeting innovative and differentiated growth drivers some of them are Expanding E-commerce, Growing Demand For Automation In Various Industries, Advancements In AI And Robotics
Some of the major roadblocks that industry players have identified are High Initial Investment, Integration Challenges, Safety Concerns, Job Displacement Concerns.
Some of the opportunities that Analyst at HTF MI have identified in Smart Robotics Market are:
- Expanding E-commerce, Growing Demand For Automation In Various Industries, Advancements In AI And Robotics
New entrants, including competitors from unrelated industries along with players such as ABB, KUKA, Fanuc, Yaskawa Electric, Omron, Universal Robots, Boston Dynamics, iRobot, Mitsubishi Electric, Denso, Epson, NVIDIA, Honeywell, Cisco, Siemens Instituting a robust process in Global Smart Robotics Market.
Research paper of Global Smart Robotics Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Manufacturing, Healthcare, Logistics, Agriculture, Domestic Use.
The Global Smart Robotics Market Study is segmented by Industrial Robots, Collaborative Robots (Cobots), Service Robots, Medical Robots, Mobile Robots.
The Global Smart Robotics 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 - 2019; Base year: 2019; Forecast period: 2025 to 2030
The Smart Robotics Market refers to the development and use of robots integrated with advanced artificial intelligence (AI), machine learning, and automation to perform tasks that require human-like decision-making and interaction. These robots are equipped with sensors, cameras, and processing systems to autonomously execute tasks in various industries, including manufacturing, healthcare, logistics, and service industries. The market is expanding due to advancements in AI and robotics technology, as well as the increasing demand for automation and efficiency. In healthcare, smart robots are being used for surgery, rehabilitation, and patient monitoring. In manufacturing, they are streamlining production lines and improving precision. The market is driven by the need for cost reduction, improved safety, and enhanced productivity across industries. As robotics technology continues to evolve, the smart robotics market is expected to experience rapid growth, with further integration of AI and machine learning capabilities in diverse applications.
