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The global smart robots market was valued at US$ 4.85 Bn in 2018 and is expected to reach US$ 12.84 Bn by the end of the forecast period, growing at a CAGR of 21.5% during the period from 2018 to 2023.
Key Trends observed in the Market: Segment: Overall Market Impact: Positive Trend: The increase in investment in AI technology from various governments across the globe will lead to technological developments in the AI-enabled softwares used in smart robots.
Segment: Overall Market Trend: Most of the robot manufacturers must integrate big data analytics so that the robots can organize and analyse the information collected by them and then act on it accordingly.
Years Considered During the Study: Historical Year: 2016 and 2017
Base Year: 2018
Forecast Period: 2019 to 2023
The global smart robots summary report includes the market definitions of all segments and sub-segments covered into the research scope of the study. The Summary report also comprises the key market drivers and challenges and future opportunities impacting the global market trends, along with the quantitative analysis of the global industry.
The Excerpt summary of all the segments at the global level will give you a bird's eye view on market dynamics of each segment and sub-segment at the global level. The Summary report also includes the Smart Robots ecosystem analysis, which contains the market information of its preceding and dependent industries as per the base year 2018.
The Summary report also includes the competitive benchmarking of key players operating in the market. The major players operating in the market are ABB (Switzerland), SoftBank Corp. (Japan), KUKA (Germany), FANUC (US), Hanson Robotics (Hong Kong), Samsung electronics (South Korea), OMRON Adept Technologies (US), Intuitive Surgical (US), Aethon (US), DeLaval (Sweden), Rethink Robotics (US), Bluefin Robotics (US), BLUE FROG ROBOTICS (France), GeckoSystems (US), and Anki (US).
Key Questions Answered in the Report: • What is the overall size of the smart robots market at the global level? • How has the market evolved in the past five years? • How is the market expected to shape up in terms of value and volume during the forecast period? • What are the microeconomic and macroeconomic factors impacting the overall growth of the market? • What are the major key factors driving and restraining the market? • What are the possible growth opportunities for the market?
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