Global Industrial Robots Market

Switchgear Market Definition

The switchgear market consists of sales of switchgear and related services by entities (organizations, sole traders and partnerships) that produce switchgear that are used in various applications such as in transmission and distribution utility, residential, commercial and industrial settings. Switchgear refers to a collection of switching devices including electrical disconnect switches, fuses or circuit breakers, which are used for controlling, protecting, and switching the electrical circuits and equipment. Under fault conditions, it detects the fault and interrupts the flow of electricity to the affected section, thereby isolating it from the healthy circuit

The robotic surgery devices market consists of sales of robotic systems, instruments and accessories and services related to the robotic surgery devices market. Robotic surgery devices are advanced surgical devices compared to traditional laparoscopic surgery devices. These devices are used for Minimally Invasive (MI) surgeries in the eye, brain, heart and other parts of the body. These robotic surgery devices can be applied in Gynecological, Neuro, Orthopedic, and general surgeries. The robotic surgery devices are more cost-effective and introduced to reduce complications, pain, reoperations, etc. The global robotic surgery devices market is expected grow from $4.84 billion in 2020 to $5.13 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9.65 billion in 2025 at a CAGR of 17%. The robotic surgery devices market covered in this report is segmented by product and service into robotic systems, instruments & accessories, services and by surgery type into urological surgery, gynecological surgery, orthopedic surgery, neurosurgery, other applications. The rise in demand for minimally invasive technology is driving the robotic surgery devices market. Minimally Invasive (MI) surgery devices are equipped with imaging and catheter technologies that can be easily inserted into any parts of the body. Robotic surgery procedures are usually associated with minimally invasive surgeries. These technologies are mainly used for heart, laparoscopy, orthopedic, gynecological, and urological surgeries. Robotic surgeries were introduced to reduce patient hospital length of stay (LOS), pain, complications, return to work time, and reoperations. According to the Intuitive Surgical company report, there is a 24% growth year on year for instruments and accessories. For robotic systems, the company has gained 16% growth and overall robotic surgery devices market is growing at a rate of 13% -16%. The Intuitive Surgical company estimates that more than 1.2 million surgical procedures were done by using their robotic systems. Consumer preferences are changing and hospitals are adopting robotic surgery devices to create more value and cost-effective surgical procedures. Expensive robotic surgery is hampering the robotic surgery devices market. Robotic surgery is comparatively more expensive than other traditional ways of surgeries as it is associated with a lot of complications, requires highly trained senior doctors to operate robotic systems/instruments, complex technical operation, and maintenance. A single robotic system costs around $2 million and the surgery costs about a range of $3000 - $6000. The annual maintenance cost of robotic surgery devices usually costs between $100,000 - $170,000. The largest robotic surgery device manufacturer Intuitive Surgical supplies the single-use or disposable surgical tools used for robotic arms for surgeries. This is one of the reasons that robotic surgeries are more costly. The huge cost associated with robotic surgeries is therefore hindering the market growth. The advances in surgical products and technologies in the health care industry are creating more opportunities in the robotic surgery devices market. Increasing investments in R&D is helping investors to create value for the customers by producing medical-surgical products like robotic surgery devices by using the latest technologies. With the use of robotic systems that are equipped with optical imaging, surgical tools, instruments, and accessories, the surgeries are made easier. Some of the surgical advances that are creating more value and opportunity in the healthcare industry include 3-D high definition endoscope (Multi-Angle Rear-Viewing Endoscopic tool) devices for brain surgery, smart surgical glasses (equipped with a video camera and Head-mounted monitor) that act as computers and can used for live observation of surgeries, surgical robots with artificial intelligence that acts as doctors, and humanoid robots which are used for highly critical surgeries in eye and brain. The other advanced surgical tool is remote robotics, which is used to assist with surgery from any remote location. Therefore, the robotic surgery devices are playing an important role in the healthcare industry with their technological advancements and innovations. In July 2019, Intuitive Surgical Inc., an American corporation that develops, manufactures, and markets robotic products, acquired Schölly Fiberoptic’s robotic endoscope business. Schölly Fiberoptic is a major player in the visualization systems for Minimally Invasive (MI) diagnostic and surgical applications. This acquisition integrated Schölly’s robotic endoscope manufacturing line, and two Schölly sites into some of the Intuitive operations which are the robotic-related manufacturing line from Denzlingen (Germany), the manufacturing site in Biebertal (Germany) and the repair site in Worcester, Mass (USA). The acquisition's main aim is to strengthen the Intuitive’s supply chain and increase its manufacturing capacity for visualization products to advance healthcare. The major players covered in the global robotic surgery devices market are Intuitive Surgical, Stryker, Medtronic, Smith & Nephew, TransEnterix, Mazor Robotics, Medrobotics, Accuray, THINK Surgical, TINAVI Medical Technology Co. Ltd., Hansen Medical, Auris Surgical Robotics Inc (Hansen Medical Inc), CMR Surgical, Zimmer Biomet, MedTech, Corindus Vascular Robotics, Renishaw, Verb Surgical, Meere Company, Titan Medical, Stereotaxis, Inc., KUKA AG, Microbot Medical, OMNIlife science Inc., Preceyes BV, Microsure, AvateraMedical GmbH, Medicaroid Corporation, TINAVI Medical Technology Co. Ltd., AOT AG, Robocath, Rob Surgical Systems, Siasun Robot & Automation Co. Ltd., Curexo, Hocoma, Omnicell, Arxium, Ekso Bionics Holdings, Globus Medical, Maxar Technologies Limited. The countries covered in the global robotic surgery devices market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global robotic surgery devices market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global robotic surgery devices market is segmented - 1) By Product and Service: Robotic Systems, Instruments & Accessories, Services 2) By Surgery Type: Urological Surgery, Gynecological Surgery, Orthopedic Surgery, Neurosurgery, Others 3) By End User: Hospitals, Ambulatory Surgery Centers

The robotic surgery services market consists of the sale of services provided robotic surgical technology, the highly advanced technological form of non-invasive surgery that utilizes robots and computer systems to conduct surgeries with lesser incision and more precision. The commonly used robotic surgical system consists of a mechanical arm and camera arm attached to surgical instruments with a controlled by a surgeon being seated at a computer console which is usually in the same room as the surgical table, or can be around the world. The global robotic surgery services market is expected grow from $0.57 billion in 2020 to $0.75 billion in 2021 at a compound annual growth rate (CAGR) of 31.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.49 billion in 2025 at a CAGR of 19%. The robotic surgery services market covered in this report is segmented by application into general surgery; urological surgery; gynaecological surgery; orthopaedic surgery; neurosurgery; other applications and by end-users: hospitals; ambulatory surgery centres (ASCS). Increase in purchasing power of hospitals and ambulatory care services has helped in the growth of the robotic surgery service market. Hospitals and ambulatory care services are interested in buying latest technologies to provide advanced care to the patients as well as to achieve an edge over their competitors. According to the fourth quarter financial results 2019 of intuitive Surgical, the robotic surgical giant, the company has shipped around 336 DA Vinci systems during the quarter when compared to 290 during the fourth quarter of 2018. It has almost 5,582 DA Vinci systems installed, with a 12% year-over-year increase. According to the 2019 Annual Report of Intuitive Surgical, Inc., the number of DA Vinci procedures worldwide has risen by approximately 18%. The need for more minimally invasive surgery by growing geriatric population coupled with the prevalence of chronic disease such as diabetes, HIV/AIDS, asthma, arthritis, and other diseases has increased the demand for robotic surgery services. According to the World Health Organization (WHO) report, there will be a 57 % increase in chronic illness. Therefore, the purchasing power of hospital and ambulatory care services coupled with the increase in the geriatric population and prevalence of chronic illness have contributed to the growth of robotic surgery services market. Safety concerns regarding the use of robotic surgery services are likely to cause a hindrance to the robotic surgery services market. The FDA Safety communication raised a concern in February 2019 about using robotic surgery for mastectomy procedures or for the prevention or treatment of cancer as the effectiveness and safety of these devices is not established. According to the survey of New England Journal of Medicine, the survival rate of patients having minimally invasive surgery compared to patients having open surgery is lower. Over the past two decades more than 8,061 device malfunctions, 1,391 injuries, and 144 deaths occurred in robotic surgery service. Due to such concerns more products have been recalled from the market. On September 2019 Zimmer Biomet has recalled its ROSA brain 3.0 robotic surgery system because of a software problem which can drive the robotic arm to an incorrect position which can risk patient's life. This was identified as a class 1 recall which is the most serious kind of classification by the FDA. These safety concerns lead to more stringent regulations by the regulatory agencies like the FDA, which would in turn increase the cost and time period for the research and development activities. Therefore, the safety issues pertaining to robotic surgeries leading to product recalls is expected to hinder the growth of the robotic surgery services market. Image guide navigation system combined with the robotic surgery system offers more possibility to visualize and perform the minimally invasive surgery in areas which were earlier difficult, especially the orthopaedic surgeries and neurosurgeries. The Mazor X Stealth system by Medtronic, and the NuVasive's Pulse and Excelsius GPS by Globus Medical, among others use image guided navigation system to perform spine surgeries, and orthopaedic implant surgeries such as total, partial knee and hip replacements as they provide the surgeon with 3D experience. The image-guided navigation reduces the radiation effects and patients do not require to take an X-Ray after the procedure. These factors state that the image guided navigation system is expected to be a trend in robotic surgery services. On October 2019, Corindus Vascular Robotics Inc., a leading developer of precision vascular robotics was acquired by Siemens Healthineers AG, a German conglomerate of medical technology offering wide range of products in the fields of diagnostic and therapeutic imaging, laboratory and point of care diagnostics, and molecular medicine, for an amount of USD 1.1 billion. The main aim of this acquisition is to optimize the procedures and to increase the clinical outcomes by collaborating each others' technologies, it also opens a new market for Siemens. The major players covered in the global robotic surgery services market are Intuitive Surgical Inc, Stryker Corporation, Medrobotics Corporation, Johnson & Johnson, Globus Medicals, NuVasive, Smith & Nephew plc, Titan Medical Inc, TransEnterix Inc, University of Pittsburgh Medical Center, Rutland Medical Center, Huntington Hospital, Washington Hospital Healthcare System, The Ottawa Hospital, Michael's Hospital, Charité - Universitätsmedizin Berlin, Ipswich Hospital, Apollo Hospitals Enterprise Limited, HealthCare Global Enterprises Ltd. The countries covered in the global robotic surgery services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global robotic surgery services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global robotic surgery services market is segmented - 1) By Application: General Surgery, Urological Surgery, Gynecological Surgery, Orthopedic Surgery, Neurosurgery, Other Applications 2) By End-User: Hospitals, Ambulatory Surgery Centers (ASCs)

The industrial robots in warehousing and storage market consist of sales of the automated robots, systems which are used in warehouse and related services. Warehouse and storage robots perform various tasks, automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lift and arrange heavy products that are to be stored in racks or given spaces. The global industrial robots (warehousing and storage robots) market is expected grow from $2.98 billion in 2020 to $3.7 billion in 2021 at a compound annual growth rate (CAGR) of 24.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.15 billion in 2025 at a CAGR of 14%. The industrial robots market covered in this report is segmented by product type into mobile robots; articulated robots; cylindrical robots; scara robots; parallel robots; cartesian robots. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in movement of goods is due to the boom in the E-commerce industry and their commitment of shortest-time delivery. Industrial robots are used to speed up the process in warehouses and storage industry. For instance, shopify started using warehouse robots in 2019 to reduce the delay in the movement of goods in the warehouse, increasing the speed of the delivery. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The high cost of the industrial robots limits the growth of the market. Industrial robots are capital intensive due to the use of the latest technology and sensors to operate efficiently and should withstand the weights. The cost of the setup for a warehouse operation of 50-100 robots costs between $2 million to 4 million which is a high investment. This high cost of robots prevents the easy adoption of industrial robots, limiting the growth of the market. The picking process in the warehouse is increasingly being automated with increased demand in E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings it to a central location, where an employee can fulfill orders fast. For instance, Ocado, a British supermarket started using a grid of picking robots in the warehouse that picks the ordered items and delivers into crates, which are moved onto conveyors and is carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast. In April 2019, Amazon has acquired Canvas Technology based in Boulder, USA for an undisclosed amount. The deal adds another important piece to amazon's robotics group portfolio of fulfillment of center machines. The canvas autonomous cart utilizes 3D imaging and software solutions that can be applied to other hardware. Canvas Technology is an autonomous warehouse robotic start up. The major players covered in the global industrial robots (warehousing and storage robots) market are ABB, Amazon, Yaskawa Electric Corp, Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc., Fanuc Corp, Bastian Solutions, Yamaha Robotics, Siemens AG., Locus Robotics, Daifuku Co., Ltd., Dematic, KNAPP AG. The countries covered in the global industrial robots (warehousing and storage robots) market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global industrial robots market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global industrial robots (warehousing and storage robots) market is segmented - 1) By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots 2) By Function: Pick & Place, Palletizing & De-palletizing, Transportation, Packaging 3) By Application: E-commerce, Automotive, Consumer Electronics, Food & Beverage, Healthcare, Others

The global military robots market consists of sales of robots designed for military applications. The market consists of revenue generated by the establishments by the sales of remotely controlled military robots that are designed for tasks such as transport, search, rescue, gunfire/attack, airborne and underwater surveillance, image capturing, bomb disposal, carry wounded military personnel, and detect mines. The global military robots market is expected grow from $20.13 billion in 2020 to $22.35 billion in 2021 at a compound annual growth rate (CAGR) of 11%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $36.57 billion in 2025 at a CAGR of 13%. The military robots market covered in this reports is segmented by platform into land; marine; airborne. The market growth can be attributed to the increasing adoption of land-based military robots by various countries for border security. Border security robots that are based on hybrid wireless sensor networks were introduced to address concerns about national security. The primary objective of the border patrol robots is to save the lives of security personnel deployed for border surveillance. Border patrol systems that utilizes the PIR sensor for human detection and a metal detector for explosive detection, can accurately detect the border intrusion with minimum human involvements. The system also uses a wireless camera to continuously monitor the border. Based on the facts that autonomous military systems can cut down cost, improve effectiveness, enable more broad military operations, and importantly help keep security personnel out of harm, various countries are adopting military robots for border security. The increasing adoption of military robots by various countries, therefore, is expected drive the military robot market growth. The decline in the defense budget in developed economies across the globe acts as restraints for the industry. According to Stockholm International Peace Research Institute (SIPRI), global military expenditure was $1917 billion in 2019. The global military expenditure as a share of GDP represented 2.2 % in 2019. But global defense spending is expected to decline in the coming years due to the economic fallout of the coronavirus pandemic. Also, according to International Monetary Funds (IMF) report, the military expenditure have seen a decline a significant drop in global military spending as a percent of GDP from 3.6% during the Cold War era (1970-90) to 1.9% in the pre-covid decade (2010-18). Military spending decreased in Eastern Europe, North Africa, Oceania, South East Asia, sub-Saharan Africa, and Middle East. For instance, military expenditure in Africa fell by 8.4 per cent in 2018, by 6.5 percent in Saudi Arabia, by 1.4 percent in France, and in Russia by 3.5 percent in 2018. The decline in the defense budget in some developed economies across the globe is expected to hamper the military robot market. Multi-mission robots are designed to carry out multi-domain operations in military. Unlike humans, robots do not suffer from physical and mental exhaustion. With continuous advances in electronic component technology and miniaturization in the operational flexibility of robots increased tremendously. They exhibit greater endurance from the impact of bombs and weapons ensuring greater security. Today's robots are equipped with mission-specific tasks and individual munitions. The payloads that these robots carry may be integrated into line with the mission requirements. For instance, 710 Kobra is a heavy-duty, multi-mission robot designed by American robot maker iRobot Defense & Security (now Endeavor Robotic Holdings) to provide increased safety and mission effectiveness for soldiers, first responders, and security personnel. In February 2019, FLIR Systems, leading maker of sensor systems acquired Endeavor Robotics for $385 million amount. With the addition of Endeavor, FLIR becomes a leading provider of unmanned aerial and ground solutions to support the needs of warfighters, and public safety and critical infrastructure professionals. Endeavor Robotics is a robotics company focused on the defense, public safety, and industrial markets. The major players covered in the global military robots market are Lockheed Marin Corporation, Northrup Grumman Corporation, General Dynamics Corporation, BAE Systems, Aerovironment, Inc, Irobot, Thales Group, Elbit Systems Ltd, Turkish Aerospace Industries Inc., QinetiQ, Cobham PLC, Saab AB, Endeavor Robotics, Qinetiq, Clearpath Robotics, Boeing, Energid Technologies, Recon Robotics, FLIR Systems, Inc. The countries covered in the global military robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global military robots market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global military robots market is segmented - 1) By Platform: Land, Marine, Airborne 2) By Application: ISR, Search and Rescue, Combat Support, Transportation, EOD, Mine Clearance, Firefighting 3) By Payload: Sensors, Cameras, LCD Screens, Weapons, Radar, Others 4) By End User: Armed Forces, Homeland Securities

The robotic vacuum cleaners market consists of sales of robotic vacuum cleaners and related services. It can clean floors, windows, pools and gardens efficiently without any human effort. Robotic vacuum cleaners or Robovac are home appliances, designed to clean our homes autonomously without human intervention. They are fully automated and artificial intelligence powered with various sensors and scheduling programs. The global robotic vacuum cleaners market is expected grow from $4.25 billion in 2020 to $4.84 billion in 2021 at a compound annual growth rate (CAGR) of 13.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $7.39 billion in 2025 at a CAGR of 11%. The robotic vacuum cleaners market covered in this report is segmented by type into robotic floor vacuum cleaner, robotic pool vacuum cleaner and by end-users into residential, commercial. Rising investments for developing new technologies in robotic vacuum cleaners is contributing to the growth of the robotic vacuum cleaners market. The rising investments for innovations in hardware and software technologies, such as sensors and decision-making capabilities helps robotic vacuum cleaners in doing household tasks and also helps consumers to save time thereby attracting the customers to purchase robotic vacuum cleaners for household chores. For instance, in 2019, in the UK, the government invested £12 million ($16 million) for developing new technologies in robots that performs household tasks. It lead to partnership between Imperial College and Dyson, a robotic vacuum cleaner manufacturer for creating nextgen household products to complete household chores. Also, for instance, in 2020, in the USA, private companies such as Yidu Cloud, Tsinghua AI Fund and Matrix Partners invested $15 million in Trifo, into its AI-home robots vacuum in the hardware and software development for expanding in the U.S. and European markets. Rising investments and support from government thereby contributes to the growth of the market. The high cost of robotic vacuum cleaners is expected to limit the growth of the robotic vacuum cleaners market. Robotic vacuum cleaners are costly and causes potential consumers to think twice before they invest in them. For instance, in 2019, in the USA, iRobot's newly launched robotic vacuum cleaner Roombas are extremely expensive such as Roomba i7 priced at $1,099 and Roomba S9+ priced at $1,299. These factors are expected to have a negative impact on the robotic vacuum cleaners’ market as high cost causes consumers to think twice, affecting the market’s growth. Companies are launching new products in order to increase their revenue and also for gaining a competitive edge over their rivals. For instance, in 2019, in the USA, iRobot Corporation, a leading advanced robotic vacuum technology company, launched its advanced robotic vacuum cleaner, Roomba s9+ and also launched its advanced robotic mop Braava jet m6 mopping robot that complements cleaning with mopping. These robots can talk to each other with in-built imprint link technology for vacuuming and mopping autonomously without any human effort. The major players covered in the global robotic vacuum cleaners market are Dyson Ltd., ECOVACS Robotics Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Sharp Corp., Neato Robotics, Miele & Cie. KG, iRobot Corporation, Proscenic, Matsutek Enterprises Co. Ltd, Maytronics Ltd., Metapo, Inc, Hayward Industries, Inc., ILIFE Robotics Technology, Vorwerk & Co. KG, Proscenic, Kevac SRL, Robert Bosch GmbH, Bissell Inc., Haier Electronics Group Co Ltd, Taurus Group, Groupe Seb Deutschland Gmbh, Pentair plc, bObsweep Inc., Yujin Robots Co., Ltd., AB Electrolux, Mamibot, FunrobotMSI), YujinRobot. The countries covered in the global robotic vacuum cleaners market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global robotic vacuum cleaners market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global robotic vacuum cleaners market is segmented - 1) By Type: Robotic Floor Vacuum Cleaner, Robotic Pool Vacuum Cleaner 2) By End-Users: Residential, Commercial 3) By Type Of Charging: Automatic Charging, Manual Charging

Robotic Surgery Devices Market Definition

The robotic surgery devices market consists of sales of robotic surgery devices and related services by entities (organizations, sole traders and partnerships) that manufacture robotic surgery devices. A robotic surgery device is a type of computer-assisted surgical system which helps doctors perform complex, minimally invasive operations with precision and flexibility. The robotic surgery device industry includes establishments that manufacture a wide range of computer-assisted handheld, portable and fixed surgical equipment (or) devices.