Robotics

Format: 2017-02-24
Format: 2017-02-24
February 24, 2017 | 70 Pages | SKU: IRTNTR11689

With the increasing preference for automation in the healthcare sector and the rising need for minimally invasive surgeries, the coming years will witness an increase in the demand for surgical robots. Consisting of a number of established multinational vendors who provide and constantly focus on introducing advanced robotic surgery systems, the market is quite competitive and creates the need for an in-depth analysis to sustain market competition. The upcoming market study report from Technavio on surgical robots for the forecast period of 2017 to 2021 will help businesses in the market space develop sustainable strategies for growth. By analyzing all the factors that play a considerable role in the growth of the robotics sector, market research experts from Technavio provide detailed insights on the markets for various products and services. In addition to identifying factors that will challenge the growth of vendors in the global and regional markets, Technavio’s market research reports also provide detailed information on all the major vendors who have established a significant presence in the industrial automation industry’s regional and global markets.


February 09, 2017 | 77 Pages | SKU: IRTNTR11895

Overview of the global industrial welding robots market

The global industrial welding robots market is anticipated to grow at a steady rate and will post a CAGR of close to 7% during the forecast period. The high preference for automation in plant facilities will drive the growth prospects for the global industrial welding robots market until the end of 2021. According to the industry research report, industrial welding robots will continue to form an integral part of the automation requirement in both discrete and process industries in the coming years. Also, the end user industries are expected to increasingly adopt industrial welding robots to achieve higher growth primarily in APAC countries. One of the major factors responsible for the growing introduction of robotic systems in industries is the enhanced productivity, which is a result of the high throughput, quality, and safety. Furthermore, industrial robots can handle repetitive tasks efficiently, multitask, and can be deployed in accident-prone areas in production lines.

In terms of geography, APAC accounted for the major market share during 2016 and will continue to dominate the market for the next four years. The emerging economies such as India, China, Singapore and Indonesia have a favorable environment for industrial growth and are increasingly attracting foreign investors, which will slowly increase the adoption of high levels of automation such as industrial robots for various critical processes.

Competitive landscape and key vendors

The global industrial welding robots market is highly competitive and diversified due to the


February 06, 2017 | 66 Pages | SKU: IRTNTR11398

Overview of the global robotic pharmacy prescription dispensing systems market

The global robotic pharmacy prescription dispensing systems market is anticipated to grow at a steady rate and will post a CAGR of more than 5% during the forecast period. The trend for miniaturization of sensors will drive the growth prospects for the global robotic pharmacy prescription dispensing systems market until the end of 2021. The miniaturization of sensors has led to a reduction in costs of sensors that will boost the use of robots in pharmacies because these robotic pharmacy prescription dispensing systems use highly advanced and complex sensors. Also, it has been observed that the growth in the sensors industry will transform the development of these robots. Furthermore, according to the industry research report, with the growing availability of highly advanced application specific sensors, the research and developmental activities will further intensify in pharmacy systems.

The increasing adoption of closed-loop medication systems in hospitals will drive the growth prospects for the global robotic pharmacy prescription dispensing systems market for the next four years. Also, these systems are highly dependent on IT resources, automated solutions, and software, which are integrated with electronic medical records (EMRs) to improve drug management and administration by eliminating human error. As a result, the adoption of automated medication management systems will increase, which, in turn, will boost the demand for robotic pharmacy prescription dispensing systems in hospitals.

Competitive landscape and key vendors

The robotic pharmacy prescription


January 23, 2017 | 80 Pages | SKU: IRTNTR11674

Outlook of the global robotic paint booth market

Technavio’s market research analyst predicts the global robotic paint booth market to grow steadily at a CAGR of around 5% by 2021. One of the primary drivers for this market is the improving productivity in discrete manufacturing. Automated technologies implemented within a production line ensure that sub-processes are efficient, fast, and streamlined. Industrial painting is an activity that is highly important with respect to quality and looks of the final product. Industrial robots when deployed in production lines for painting can help speed up the overall process and uphold the quality of the final product. Also, advanced features of the robotic paint booth systems ensure varying degrees of customization that can be easily programmed into the system with minimal training of personnel. In order to minimize both direct and overhead costs and improve the profit margin in the long-run, it is imperative for companies to adopt robotic paint booth systems in the coming years.

In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The growth of the automotive industry and substantial investment in modernizing existing and new plant facilities are the key contributors to the dominance of this region in the robotic paint booth market. Moreover, significant industrial developments across countries like China, India, South Korea, Indonesia, and Taiwan will see a high level of automation requirement in the respective industrial segments, the high rate of adoption of automation in these countries will result in the growth of the robotic paint booth market during the forecast period.

Competitive landscape and key vendors


January 13, 2017 | 70 Pages | SKU: IRTNTR11534

Overview of the global consumer drones market

Technavio’s market research analyst predicts the global consumer drones market to grow at a CAGR of close to 16% between 2017 and 2021. With the huge surge in consumer electronics and devices such as smartphones, there has been rapid innovation in sensors, resulting in the easy availability of high-quality sensors at affordable prices. This has significantly boosted the production of consumer drones. With an increased focus to enhance the speed, maneuverability, durability, and quality of images and videos, the inclination towards the use of consumer drones will also increase. Moreover, vendors in the drones market are capitalizing on the availability of mobile, intelligent, and connected sensors to enhance the capabilities of their offerings. Consumer drones are primarily equipped with GPS, inertial, image, and ultrasound-based range sensors. With improvements in functionalities and features, consumer drones are increasingly being equipped with thermal, hyperspectral, and multispectral sensors, which will lead to further growth of the market over the next four years.

In the global consumer drones market, Parrot and GoPro are major players, which are leveraging the growth of virtual reality owing to the growing inclination towards offering 3D experience. For instance, Parrot’s Bebop 2 drones will have features for easy integration to virtual reality headsets like the Oculus Rift. It also works with ZEISS Cinemizer OLED glasses. With the increased deployment of such equipment providing virtual reality experience in drone racing, the overall market will grow significantly throughout the predicted period.

Competitive landscape and key vendors


January 12, 2017 | 66 Pages | SKU: IRTNTR11519

Overview of the global industrial robotics services market

The global industrial robotics services market is anticipated to grow at a steady rate and will post a CAGR of more than 9% during the forecast period. The increasing availability of remote services and the internet of things (IoT) by vendors in the market will drive the growth prospects for the global industrial robotics services market for the next four years. It has been noted that most vendors are increasingly providing online modes for delivering customer services with the growing adoption of internet worldwide. For instance, ABB is moving away from the conventional approach of providing break and fix services to incorporate services that are predictive and proactive through the combination of their Remote Service Platform and the IoT. IoT provides timely updates about the condition of robots and equipment in real time by monitoring parameters such as the temperature, central processing unit (CPU) load, and the number of hours the robot has been active and sends it to the remotely located vendors.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market until the end of 2021. One of the major factors responsible for the market’s growth in the region is the increasing use of robotics in both discrete and process industries in the US. Also, the vendors in the region are increasingly particular about providing services without compromising on quality and flexibility, which, in turn, has resulted in the incorporation of industrial robotics in manufacturing processes in non-automotive industries including F&B.

Competitive landscape and key vendors

The global industrial robotics


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