Smart Robots Market Size & Share, by Component (Hardware, Software); Application (Welding & Painting, Assembling & Disassembling, Mobility, Inspection & Security); End-user (Automotive, Manufacturing, Electrical & Electronic, Food & Beverage, Chemical, Residential) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4788
  • Published Date: Apr 05, 2023
  • Report Format: PDF, PPT

Companies Dominating the Smart Robots Market

    • iRobot Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Omron Corporation
    • Intuitive Surgical, Inc.
    • ST Engineering Aethon, Inc.
    • Gecko Systems International Corporation
    • Delaval Group
    • Brain Corporation
    • Neato Robotics, Inc.
    • Grey Orange Pte, Ltd.
    • SoftBank Group Corporation

Browse Key Market Insights with Data Illustration:


In The News

  • Techman Robot Inc., the world leader in collaborative arm robots that work alongside humans, and OMRON Corporation announced that they have formed a strategic cooperation in the field of collaborative robots. Starting in the second half of FY2018, OMRON was estimated to use this agreement to sell and market Techman's TM series collaborative robots on a global scale through OMRON's global distribution network using a co-branded logo.

  • The da Vinci SP surgical system was approved for use in general surgeries, thoracic surgeries (with the exception of cardiac procedures and intercostal approaches), urologic surgeries, gynaecological surgeries, and trans-oral head and neck surgeries, according to Intuitive Surgical, Inc., a global technology leader in minimally invasive care and the inventor of robotic-assisted surgery. The SP product launch was estimated to soon start at Intuitive Japan.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 4788
  • Published Date: Apr 05, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing production of automobiles, rising use of smart robots in hospitals, surge in construction activities, and others

The market size of smart robots is anticipated to attain a CAGR of ~33.50% over the forecast period, i.e., 2023-2035.

Concern regarding data privacy, high cost of robots, and stringent government regulations are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are iRobot Corporation, Omron Corporation, Intuitive Surgical, Inc., ST Engineering Aethon, Inc., and more.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, application, industry vertical and by region.

The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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