Service robotics market is expected to generate revenue

Top Robotics Market is expected to generate revenue of Rs

JERSEY CITY, NJ, Dec. 09, 2022 (GLOBE NEWSWIRE) — Verified Market Research® recently published a report, “The highest market for robotsBy type (best service robots and best industrial robots), by industry (automotive, electrical, electronics, metals and machinery) and by geographic region.

According to the in-depth research by Verified Market Research®, the global Top Robotics Market was valued at USD 59.38 Billion in 2021 and is expected to reach USD 167.30 Billion by 2030, at a CAGR of 14.82% from 2023 to 2030.

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Overview of the top global robotics market

Top Robotics is the study of robotics, which are mechanical devices combined with various other fields of technology and used to replace humans in repetitive and dangerous tasks. Superior robots consist of highly automated and programmable industrial and service robots capable of movement on more than three axes. It is widely used in the automotive, manufacturing and production industries for efficient development.

The primary driver of market growth is the increasing number of activities in the automotive, manufacturing and production sectors in response to the growing consumer needs. Other factors driving market expansion include rising concerns about workforce safety and increasing demand for robots to perform logistical tasks in the defense and military sectors. In addition, the progression of research and development efforts to meet the advanced technology helps impose a favorable outlook on market expansion.

Verified Market Research® narrows down the available data by using primary sources to validate the data and uses it to compile a complete market research study. The report contains a quantitative and qualitative estimate of the market elements of interest to the client. The Global Robotics Market is mainly divided into sub-segments which can provide classified data regarding the latest trends in the market.

The main players

The study report “Global Top Robotics Market” will provide an insight with focus on the global market. The major players in the market are FANUC, ABB, TRAPO AG, Toolmotion GmbH, Mitsubishi, NIMAK GmbH, Yaskawa, KUKA, Honda Motors, iRobot Corporation, Northrop Grumman, etc.

Based on research, Verified Market Research® has best segmented the global Robotics market into type, industry, and geography.

  • Top Robotics Market by Type
    • Top service robots
    • Top industrial robots
      • Articulated robots
      • SCARA robots
      • Cartesian robots
      • Parallel robots
      • Collaborative robots
  • Top Robotics Market by Industry
    • the cars
    • Electricity and electronics
    • Metals and machinery
    • Chemicals, rubber and plastics
    • Food and drinks
    • Medicines and cosmetics
    • others
  • Top Robotics Market by Geography
    • North Amarica
    • Europe
      • Germany
      • France
      • United kingdom
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • Row
      • Middle East and Africa
      • Latin america

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6 main types of industrial robots Designed to offer limitless possibilities

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