Dublin, March 10, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Robotics Market Forecasts: Consumer Robots, Enterprise Robots, Industrial Robots, Healthcare Robots, Military Robots, Unmanned Aerial Vehicles and Autonomous Vehicles" report to their offering.
Driven mainly by growth in these new categories, the author forecasts that the global robotics industry will expand from $34.1 billion in 2016 to $226.2 billion by 2021, representing a compound annual growth rate (CAGR) of 46%.
he robotics market is undergoing a major transformation, in which robots are growing beyond being the workhorses of industrial shop floors, and beginning to assume the roles of personal assistants, delivery vehicles, surgical assistants, exoskeletons, autonomous vehicles, and unmanned aerial vehicles (UAVs), among many others. Until now, industrial robots have made up more than 50% of overall robotics market revenue, however 2016 marks one of the critical turning points of this shift in the robotics market, as Tractica estimates that industrial robots will drop to 41% of total robotics revenue, with the remaining 59% coming from non-industrial robots. The non-industrial sector largely consists of consumer robots, enterprise robots, military robots, and UAVs.
This report includes global market sizing, segmentation, and forecasts for the robotics industry within 23 distinct application markets in the consumer, enterprise, industrial, and military domains. Unit shipments and revenue forecasts are included for each application market, segmented by world region. The report also includes technology attach rates for machine vision, voice and speech recognition, gesture recognition, and tactile sensors, plus connectivity technologies for consumer robots. The forecast period for this report extends from 2016 through 2021.
Key Questions Addressed:
- What will be the key drivers of robotics market growth between 2016 and 2021?
- How do declining prices for industrial and non-industrial robots impact their revenue potential in the future?
- How does demand vary among world regions for both industrial and non-industrial robots?
- What will be the attach rates of technologies such as machine vision, voice and speech recognition, gesture control, and tactile sensors for each application market?
- What are the product rollout and adoption timelines for the newer robot categories such as logistics robots, customer service robots, exoskeletons, UAVs, and autonomous vehicles?
Key Topics Covered:
1. Executive Summary
2. Definitions and Scope
2.1. Robot Definition
2.2. Robotics Application Markets: Definitions and Scope
2.3. Robotics Technology Definitions
3. Market Data Highlights
3.1. Regional Highlights
3.2. Application Market Highlights
3.3. Technology Attach Rate Highlights
4. Acronym and Abbreviation List
5. Table of Contents
6. Table of Charts and Figures
7. Scope of Study, Sources and Methodology, Notes
For more information about this report visit http://www.researchandmarkets.com/research/sx5cc3/robotics_market