Global Robotics Market will be around US$ 45 Billion by the end of 2020. This shows that global demand of robots has accelerated extensively due to the ongoing trend toward automation and the continued innovative technical advancements in industrial robotics as well as service robotics. Industrial Robotics dominants the Global Robotics Market it comprises more than 80 percent market share and rest is left with Service Robotics.
Global Robotics Volume accounted for close to 300,000 Units in 2015. In Industrial Robotics Automotive Robotics is expected to capture more than half of the volume share by the end of 2020. Medical Robotics and Defence Robotics are the top two segments in Service Robotics sector. Intuitive Surgical is the largest player in global robotics market and its brand “da vinci” is well known recognized worldwide.
“Global Robotics Market, Volume & Forecast provides a comprehensive assessment of the fast–evolving, Industrial Robotic Market and Service Robotics Market. This 142 page report with 101 Figures and 9 Tables analyses the global robotics market; volume & forecast, global industrial robotics market; volume & forecast by industry segment, global service robotics market; volume & forecast by categorised segment, driving factors and challenges for Robotics market.