Global $91.8 Billion Robotics Technologies and Markets to 2026

Global $91.8 Billion Robotics Technologies and Markets to 2026

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Global $91.8 Billion Robotics Technologies and Markets to 2026

The global market for robotics is estimated to increase from $55.8 billion in 2021 to $91.8 billion by 2026, at a compound annual growth rate (CAGR) of 10.5% during the forecast period of 2021-2026.To get more news about Global Robotics Services, you can visit glprobotics.com official website.

The global market for industrial robots is estimated to increase from $28.0 billion in 2021 to $42.2 billion by 2026, at a CAGR of 8.6% during the forecast period of 2021-2026.
The global market for professional service robots is estimated to increase from $12.6 billion in 2021 to $25.3 billion by 2026, at a CAGR of 14.9% during the forecast period of 2021-2026.
The market growth outlook for robotics is strongly positive with significant growth potential for robotics in the automotive, electrical and electronics, construction, healthcare, and defense segments. There is mounting pressure from end-user industries globally, however, to further reduce prices; improve the features, efficiency and operability of robotics; and maximize the return on investment.

At the same time, increasing investment in the modernization of production facilities in emerging markets is contributing toward market growth.

Major players in the market are ABB Group, FANUC Corp., Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corp., Rockwell Automation Inc., Robert Bosch GmbH, Siemens AG, and Yaskawa Electric Corp., among others.
The Report Includes:

34 data tables and 36 additional tables
An updated review of the global markets for robotics technologies
Analyses of the global market trends, with data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026
Evaluation and forecast the global robotics market size, and corresponding market share analysis by type of robot, robot-performed task, product group, technology, end-use industry, and geographic region
In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market
Assessment of major market drivers and opportunities estimating current and future demand for robotic products, and key enabling technologies, and COVID-19 impact on the robotics industry
Discussion of key technology developments, latest trends, and other influential factors such as research-and-development capability, installed base, branding, and ecosystem influence and partnerships
Information on upcoming market opportunities and areas of focus to forecasting this market into various segments and sub-segments
Insight into recent industry structure, current competitive scenario, RD activities, and regulatory and legislative issues currently focused on robotics industry ecosystem
Review of robotics-related patent activity, recent re-issued U.S. patents, and a look into the technologically significant robotic patents
Descriptive company profiles of the leading global manufacturers of robotic parts and technologies.