Yaskawa Electric Corporation
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor. Automotive robotics refers to computer-programmed engineering solutions that are extensively employed by manufacturers for performing complex tasks effectively. It offers flexibility, higher efficiency, reliability, and accuracy, which in turn, is helping organizations in improving quality and production capacity, optimizing workflow, eliminating the risk of errors, and providing safety to employees. On account of these properties, automotive robotics is used in vehicle assembly facilities for executing various applications, including spot welding, painting, trimming plastic molding, cutting fabric, and removing unwarranted materials. At present, it is available in varying product types, such as cartesian, articulated polar and cylindrical robots. With the significant expansion in the automotive industry, there has been an increase in the demand for industrial robots to simplify complex production processes, which, in turn, is acting as one of the prime factors driving the market growth. Automotive robots help in enhancing the quality and working capacity at lower costs, which is further supporting the market growth. Additionally, the rising concerns regarding employee safety due to the increasing instances of injury, manual errors and accidents caused by working under hazardous conditions in the automotive manufacturing industry is acting as another growth-inducing factor. This is further supported by extensive fundings and numerous favorable initiatives undertaken by the government bodies of various countries for incorporating advanced gadgets and equipment to ensure workers security, while meeting the safety standards. Additionally, rapid technological advancements, such as the integration of the Internet of Things (IoT), cloud solutions, and autonomous intelligent vehicles (AIVs) for transferring components and materials safely from one place to another is contributing to the market growth. Other factors, such as strategic collaborations amongst key players, growing vehicle production due to inflating disposable incomes in emerging economies, and rising investments in research and development (R&D) activities for introducing energy-efficient automotive robots are creating a positive outlook for the market. Key Questions Answered in This Report
How has the global automotive robotics market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global automotive robotics market? What are the key regional markets? What is the breakup of the market based on the product type? What is the breakup of the market based on the component type? What is the breakup of the market based on the application? What is the breakup of the market based on the End-user? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global automotive robotics market and who are the key players? What is the degree of competition in the industry? Key Topics Covered:

Worldwide Automotive Robotics Industry to 2027 - Featuring ABB, FANUC and Omron Among Others - ResearchAndMarkets.com

May 03, 2022 07:03 AM Eastern Daylight Time
The global industrial robotics market was $37,876.0 million in 2020, and is expected to reach $116,848.7 million by 2030, with a CAGR of 11.7% from 2021 to 2030. Industrial robot is a type machine that has its own control system and is not operated manually through machines. industrial robot are reprogrammable, multipurpose, axis free, and have physical alteration. The reprogrammable feature of robot helps in performance under various environmental conditions and as per the usage over the industry, while the multipurpose feature helps in adapting to various applications and working automatically into the axis that defines the motion or movement of the robot. Industrial robots are generally classified into cylindrical robot, parallel robot, articulated robot, SCARA robot, and linear robot. Linear robot includes- the gantry and the cartesian robot. The cartesian robot are those whose arms features three types of prismatic joints and whose robot axes are coincident with reference to the cartesian coordinate system. SCARA robot has two rotary joints that are parallel. The articulated robot has minimum three rotary joints, whereas in case of cylindrical robot, the axes form the cylindrical coordinate system Industrial robot are used for different industrial applications like packaging, labelling, product inspection, picking, testing, assembling, painting, and welding of different components
The global industrial production output has plummeted in the recent years. The industrial robot have witnessed sluggish demand in conventional industries such as automobiles and heavy engineering. However, increase in need for automation in non-conventional areas, such as micro-electronics, has fostered the market growth. Hence, an auxiliary channel utilizing industrial robotics has surfaced in the recent years. The heavy engineering sector drives the demand for industrial robotics. The global industrial robotics market is impacted by several factors such as usage of industrial robotics in the manufacturing industry, increase in demand for automation activities in the industry, decrease in custom duties, and evolution of robotics & AI industry. Furthermore, high cost of industrial robotics solutions hinder the market growth. Key Benefits
The report provides an extensive analysis of the current trends, future estimations, and dynamics of the industrial robotics market
In-depth industrial robotics market analysis is conducted by estimations for the key segments between 2021 and 2030
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework
A comprehensive analysis of four major regions is provided to determine the prevailing opportunities
The market forecast analysis from 2021 to 2030 is included in the report
The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the market industry
Market Dynamics

The Worldwide Industrial Robotics Industry is Expected to Reach $116 Billion by 2030 - ResearchAndMarkets.com

Rapid Industrialization & Globalization to Favor Growth in Asia Pacific 
Geographically, Europe procured USD 4.21 billion in terms of revenue in 2019. This growth is attributable to the increasing demand for personal and professional robots in the region. Also, the urgent need of service robots from retail, medical, defense, and logistics sectors in this region would accelerate growth. Asia Pacific, on the other hand, is anticipated to showcase the highest CAGR throughout the forthcoming years because of the rising government investments in AI, robotics, and automation. Besides, the increasing standards of living of people in China and India would surge the demand for automation. Rapid industrialization and globalization would also contribute to growth in this region. Key Industry Developments:
September 2020: Yatharth Hospital, Noida, deployed Mitra, a customer-service robot to patrol the ward and help COVID-19 patients contact their loved ones. It also counsels patients to keep their anxieties away. April 2020: Avidbots unveiled a novel sweeper option for its best-selling autonomous floor-scrubbing robot named Neo. The new product is called Side Sweeper. It will allow Neo to clean up to 33% more floor space. It can also clean hard-to-reach places, such as corners and baseboards. Check Discount:
Which segment is expected to dominate the market? How will service robotics providers intensify competition? Will the COVID-19 pandemic affect the market severely? What are the ongoing innovations and developments in the market? Drivers & Restraints-
Rising Integration of AI & Machine Learning to Bolster Growth
Service robots are experiencing high demand across the globe on account of the rising technological developments. This is further resulting in the integration of machine learning, artificial intelligence (AI), engineering, and automation. It is aiding in the transformation of the task-performing capacity of humans. The International Federation of Robotics (IFR) declared that since the past two decades, the number of robots have surged three-folds. However, service robots require high initial investment for programming, procurement, accessories, and integration processes. This factor may hamper the service robotics market growth in the near future. Segment-
Defense Sub-segment to Grow Rapidly Backed by Rising Usage of UAVs
Based on application, the market is bifurcated into industrial/commercial and domestic. The defense sub-segment under the industrial/commercial segment held 17.4% in terms of service robotics market share in 2019. This growth is attributable to the increasing deployment of unmanned aerial vehicles (UAVs) in the industry because of their ability to protect soldiers from harm. Ask for Customization:

Service Robotics Market Worth USD 41.49 Billion by 2027 | Service Robotics Industry Exhibiting CAGR of 15.9% During 2020-2027

April 04, 2022 05:56 AM Eastern Daylight Time
Robotics technology is transforming the healthcare sector and having a big impact on the medical industry. This relieves the burden of medical workers and allow them to focus on more pressing issues, while also making medical treatments safer and less expensive for patients. As artificial intelligence (AI) gets increasingly sophisticated and capable of performing activities previously performed by humans, the technology's potential in healthcare is enormous, especially as the globe continues to grapple with the current pandemic. As a result, AI and robotics are becoming a legitimate component of our healthcare environment. Robotics usage in healthcare has risen dramatically in recent years, including surgical operations. Due to the amount of precision that can be obtained by directing robotic arms, surgical robots offer a lot of potential. Robotics, in particular, can lessen the risk of human tremor and augment 'surgical eyes' through improved stereoscopic displays. Increasing demand for minimally invasive surgeries, technological advancement in the medical robotic systems, potential of rehabilitation, hospital, and pharmacy robots, and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in the market are the major factors that are expected to drive growth of the global healthcare robotics market over the forecast period. Key features of the study:
This report provides in-depth analysis of the global healthcare robotics market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global healthcare robotics market based on the following parameters - company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global healthcare robotics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global healthcare robotics market
Detailed Segmentation:
Systems
Hospitals
North America

Worldwide Healthcare Robotics Industry to 2028 - Featuring Accuray Incorporated, Capsa Healthcare and Abbott Among Others - ResearchAndMarkets.com

China’s robotics industry has been enjoying robust development in recent years thanks to the country’s unremitting efforts. Between 2016 and 2020, China’s robotics industry grew rapidly. In 2020, the operating income of the country’s robotics sector exceeded 100 billion yuan (about $15.8 billion) for the first time, and the output of industrial robots reached 212,000 units. During that period, China’s robotics industry enjoyed strong momentum in terms of its development. As of last year, China was the world’s largest market for industrial robots for eight consecutive years. In 2020, the manufacturing robot density, a metric used to measure a country’s level of automation, reached 246 units per 10,000 people in China, nearly twice the global average. The robotics industry will embrace leapfrog development, as a new round of technological revolution and industrial transformation is gaining momentum, and with a new generation of information technologies having been deeply integrated with robotic technologies. – Wang Weiming, Ministry of Industry & Information Technology
Driven by new technologies such as artificial intelligence, virtual reality and 5G, as well as incentive policies, China is accelerating its efforts to expand the application scenarios for its robotics industry. So far, industrial robots have been applied in 52 industry categories, including automobiles and electronics, while service and special robots have been widely used in sectors such as logistics, education and entertainment. The nation is striving  to become a global hub for robotics innovation by 2025, according to a plan for the development of the country’s robotics industry, which was recently issued by state organs such as the MIIT. The country will make more efforts to achieve breakthroughs in core robot components and further improve the performance and reliability of robots, the plan said. China will promote the integration of new technologies such as artificial intelligence, big data, and cloud computing with robotic technologies, and continue to make breakthroughs in core robotic technologies and applications. China is aiming to become an innovation hub for the global robotics industry by 2025, as it works to achieve breakthroughs in robotics components and widen the application of smart machines in more sectors. The move is part of the nation’s broader push to cope with a greying population and leverage cutting-edge technologies to advance industrial upgrades. It has pledged to achieve breakthroughs in core robotic technologies and related high-end products by 2025, according to a guideline. The country will strive to become a global hub for robotics innovation by then, attaining the performance and reliability for key robot components to meet international standards, said the guideline jointly issued by state organs such as the Ministry of Industry and Information Technology. For the robotics industry, the annual growth rate of its operating revenue is expected to exceed 20% on average by 2025, and the robot density in the manufacturing industry will double from the current level, the guideline said. Vowing progress in developing technologies and robot operating systems, the guideline noted that the country will encourage industrial innovation and expand application scenarios to achieve the set targets. As reported by OpenGov Asia, Chinese researchers have completed the First-in-Man (FIM) clinical trial using a single-arm laparoscopic surgical robot in China, according to the Beijing Friendship Hospital affiliated with Capital Medical University. Based on a large number of animal experiments, research teams from the Beijing Friendship Hospital and the First Hospital of Lanzhou University used a domestically developed surgical robot to perform a single-port laparoscopic cholecystectomy. A single-port laparoscopic surgery is generally performed in the thoracic or abdominal cavity through a single small incision of two to three centimetres on the surface of the body.

Robust Development in China’s Robotics Industry

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

Robotics

Robotics Industry is an engineering consulting mechatronics company. Robotics Industry integrates business software, electronics, and mechanics in order to design, develop, and market robotic products. Robotics Industry designs solutions that leverage technologies in the sectors of aerospace, sea and land, particularly for mapping seamounts and measuring water quality.

Date	6/29/2018
Round	Unattributed
Amount	$3.5M
Investors	Undisclosed Investors
Valuation
Revenue	0 FY undefined
Sources	1

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