Global Robotic Software Platforms Market 2016-2020

Outlook of the global robotic software platforms market

Technavio’s market research analyst predicts the global robotics software platforms market to grow moderately at a CAGR of more than 4% during the forecast period. The high demand for robots from various end-user industries like food and beverage, electrical and electronics, and automotive is the primary growth driver for this market. The utilization of robots across various end-user industries is gaining prominence as they help to lower labor costs and meet the high demand for customized products. Benefits like the ease of offline programming, reduction in production and equipment downtime, and increasing profit margins have fostered the adoption robotic software platforms during the forecast period.

Eminent factors such as the rising demand for service robots, which are used for medical applications, will impel growth in this market during the forecast period. In the healthcare sector, service robots help to carry out physical therapies and surgeries. For instance, a group of tiny robots called Magnetic Microbots can travel through blood vessels and deliver targeted medication. The ability of service robots to assist in surgeries and carry out tedious and repetitive nursing functions will result in its augmented adoption during the forecast period. This increase in the adoption of service robots will indirectly foster the need for robotic software platforms.

Segmentation by types of vendors and analysis of the robotic software platforms market

• Original equipment manufacturers (OEMs)
• Third party vendors

In this market study, analysts have estimated the OEM segment to account for more than 68% of the total market share by 2020. The ability of robotic software platforms to boost the OEM’s profitability and enable quick programming without disturbing production lines will aid in the growth of this market segment during the forecast period.

Geographical segmentation of the robotic software platforms market

• Americas
• APAC
• EMEA

In this segmentation analysis, Technavio’s market research analyst has estimated the APAC region to be the largest market for robotic software platforms during the forecast period. The widespread usage of robots in industries like automotive, electricals and electronics, and food and beverage in developing countries will fuel the prospects for market growth during the forecast period.

Competitive landscape and key vendors

The global robotic software platforms market consists of well-established OEMs that offer their software packages and third party vendors that sell generic software packages. The software offered by third party vendors are preferred by researchers and academicians, who wish to experiment and research on robots in the virtual world of simulation. These software packages are gaining popularity among industrial manufacturers as they offer multi-platform operability and multi-language features.

Top vendors in the market are -

• iRobot
• ABB
• KUKA
• Fanuc
• Skilligent
• Cyberbotics
• The Orocos Project

Other prominent vendors in the market include Brain Corporation, EZ-Robot, NEURALA, Aethon, Siemens, Energid Technologies, and Honda.

Key questions answered in the report include

• What will the robotic software platform market size and the growth rate be in 2020?
• What are the key factors driving the global robotic software platform market?
• What are the key robotic software platform market trends impacting the growth of the market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the robotic software platform market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the robotic software platform market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Robotics Market 2015-2019
• Global Material Handling Robotics Market 2015-2019
• Global Cartesian Robots Market 2015-2019
• Global Articulated Robots Market 2015-2019
• Global Collaborative Robots Market 2015-2019