Global Nanorobotics Market

The robotics technology refer to the engineering and operation of machines capable of performing physical tasks autonomously or semi-autonomously on behalf of humans. The primary goal of robotics is to build devices that work automatically and perform complex jobs faster and more efficiently than humans. Robotics can take on several forms and is used in various verticals to reduce errors, increase efficiency, and cut down the long work hours. The main types of robotic technologies are industrial robots, mobile robots, service robots, and others. An industrial robot is a mechanical machine that is programmed to perform production-related tasks automatically in industrial environments. The different components include hardware, software, and services that are applied to aerospace manufacturing, agriculture, automotive manufacturing, building maintenance, chemical and fuel processing, construction, consumer product manufacturing, and other end users. The robotics technology market research report is one of a series of new reports from The Business Research Company that provides robotics technology market statistics, including global market size, regional shares, competitors with a robotics technology market share, detailed robotics technology market segments, market trends and opportunities, and any further data you may need to thrive in the robotics technology industry. This robotics technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global robotics technology market size grew from $75.89 billion in 2022 to $88.8 billion in 2023 at a compound annual growth rate (CAGR) of 17.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The robotics technology market size is expected to grow to $155 billion in 2027 at a CAGR of 14.9%. The increasing shift towards automation is driving the growth of the robotic technology market. The increasing use of automation, artificial intelligence, and other technologies is altering how humans and machines interact. Many organizations have expanded automation to indicate that it will allow intelligent machines to make complex or mission-critical decisions. The use of automation is deployed across an enterprise and ecosystem to build a more adaptable business that can respond quickly and adopt new technological operating models. This shift towards automation from the traditional method has changed the market dynamics, leading to an increase in the adoption of robotics technology. For instance, according to a July 2020 survey of 1,500 executives from 21 industries in 26 countries conducted by IBM, a US-based technology corporation, 79% of organizations that are scaling intelligent automation expect their company to outperform the competition in terms of revenue growth. Furthermore, 75% of respondents indicated that their digital and automation projects add the most value to the company in the area of customer experience. Therefore, the increasing shift towards automation will drive the robotics technology market going forward. Technological development has emerged as a key trend gaining popularity in the robotics technology market. Robotics is useful in a wide range of manufacturing industries, including food, automotive, and aerospace. The market is witnessing the adoption of a wide variety of complementary technologies in robotics such as computer vision, natural language processing (NLP), speech recognition, edge computing, and others to ensure the safety and increase productivity, efficiency, quality, and consistency of products. For instance, in August 2020, Mitsubishi Electric India, a manufacturer of electrical and electronic products, launched MELFA ASSISTA, a series of collaborative robots. These robots can collaborate with humans while emphasizing more on safety features such as collision detection and adhering strictly to international safety and robotic standards ISO 10218-1 and ISO/TS15066. The MELFA ASSISTA series of collaborative robots includes the RT VisualBox programming tool, which enables the intuitive development of operational sequences by combining block diagrams into a chain of events. In July 2021, ABB Group, a European-based automation company, acquired ASTI Mobile Robotics Group for an undisclosed amount. This acquisition will broaden ABB's robotics and automation offering, allowing it to deliver a unique automation portfolio while expanding into new industry segments, making it the only company to offer a comprehensive portfolio. ASTI Mobile Robotics Group is a European-based manufacturer of the autonomous mobile robot (AMR). Major players in the robotics technology market are ABB Group, FANUC Corp, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corp., Denso Corporation, Yaskawa Electric Corporation, Omron Corporation, Seiko Epson Corporation, Stäubli Robotics, Komatsu, Epson, Panasonic, Nachi Fujikoshi, and Adept Technology. Asia-Pacific was the largest region in the robotics technology market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the robotics technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the robotics technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The robotics technology market consists of revenues earned by entities by providing consumer robots and medical robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global robotics technology market is segmented - 1) By Type: Industrial Robots, Mobile Robots, Service Robots, Other Types 2) By Component: Hardware, Software, Service 3) By End User: Aerospace Manufacturing, Agriculture, Automotive Manufacturing, Building Maintenance, Chemical and Fuel Processing, Construction, Consumer Products Manufacturing, Other End Users

A smart robot is a computerized reasoning (AI) device that is capable of observing its environment and context and producing its skills in the light of the comprehensive learning process. Smart robots are used for research, manufacturing and even human applications. The main types of smart robots are professional service robots, personal service robots, and collaborative robots. A professional service robot is a smart robot used for commercial tasks. These include cleaning robots for public places, delivery robots in offices or hospitals, fire-fighting robots, rehabilitation robots and surgery robots in hospitals. A personal service robot is a smart robot that is used for a non-commercial task, and these include domestic servant robots, automated wheelchairs, personal mobility assist robots and pet exercising robots. Smart robots are used in manufacturing, healthcare, defence, energy and utility, and other industries. The smart robots market research report is one of a series of new reports from The Business Research Company that provides smart robots market statistics, including smart robots industry global market size, regional shares, competitors with a smart robots market share, detailed smart robots market segments, market trends and opportunities, and any further data you may need to thrive in the smart robots industry. This smart robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global smart robots market size grew from $10.93 billion in 2022 to $13.79 billion in 2023 at a compound annual growth rate (CAGR) of 26.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The smart robots market size is expected to grow to $35.14 billion in 2027 at a CAGR of 26.3%. The increasing penetration of smart robots in industries is predicted to boost the growth of the smart robot market over the coming years. Smart robots are a mix of advanced technology and efficient hardware that uses smart sensor technology (such as ultrasonic, light and touch sensors) to communicate with the physical world surrounding them. In Industry 4.0, modern robots are employed in production operations that often work around the clock without human supervision. According to the recent World Robotics 2020 report by the International Federation of Robotics (IFR), revealed that around 2.7 million industrial robots are working in industries across the globe, a rise of 12%. Furthermore, in June 2021, according to the figures from the International Federation of Robotics (IFR), a Germany-based non-profit organisation, Europe experienced double-digit growth of 15%, with 78,000 units installation of robots. Therefore, the increasing penetration of smart robots in industries drives the growth of the smart robots market. Smart robots are now used in various applications including agriculture and this is a key trend gaining popularity in the smart robots market. Companies operating in the smart robots market are focusing on developing smart robots that can be used in agriculture. For instance, in 2020, Farmwise, a US-based robotics company, is creating autonomous agricultural robots to provide farmers with higher yields, more income, and a healthier climate. The company begins with an advanced weeding robot that can collect weeds from farms efficiently, reducing or removing the necessity for chemical pesticides. According to FarmWise, the robots have effectively eliminated weeds from more than 10 million plants. In April 2021, Hitachi Ltd., a Japan-based conglomerate corporation, acquired 96% shares of Kyoto Robotics Corporation for an undisclosed amount. With the acquisition of Kyoto Robotics, Hitachi could deliver one-stop and rapid robotic system integration for a whole automated line in logistics and factory automation. Kyoto Robotics Corporation is a Japan-based manufacturer of intelligent robotic systems, 3D vision systems, control systems. Major players in the smart robots market are iRobot, SoftBank Robotics Group, ABB, KUKA, FANUC, Hanson Robotics, Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics, Universal Robots, DeLaval, Intuitive Surgical, Aethon, Samsung Electronics, GeckoSystems, Honda Motor Company Ltd., Omron Adept Technologies, Inc., GreyOrange pte Ltd., Kongsberg Maritime, ECA GROUP, Neato robotics, Bluefin Robotics, Puresight Systems Pvt. Ltd., AIBRAIN Inc., Brain Corporation, Cyberdyne Inc., Epson America Inc., Lely, OTC Daihen Inc., and F&P Personal Robotics. North America was the largest region in the smart robots market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the smart robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the smart robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart robots market consists of sales of sensors, actuators, power sources. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global smart robots market is segmented - 1) By Component: Hardware, Software, Services 2) By Product: Professional Service Robots, Personal Service Robots, Collaborative Robots 3) By End-User: Industrial, Residential, Commercial 4) By Application: Manufacturing, Healthcare, Defense, Energy and Utility, Other Applications

Top robotics refers to a branch of engineering that manufactures industrial and service robotics which are digitized, highly programmable, and capable of moving across more than three dimensions. The main types of top robotics are top industrial robots and top services robots. An industrial robot refers to one that is developed to automate intensive production tasks such as those needed by a continuously moving assembly line used to free humans from repetitive tasks such as house cleaning and others. These robots are widely used for several applications such as handling, welding and soldering, assembling and disassembling, dispensing, and others in various sectors such as automotive, electrical, chemical, food & beverages, and others. The top robotics market research report is one of a series of new reports from The Business Research Company that provides top robotics market statistics, including top robotics industry global market size, regional shares, competitors with a top robotics market share, detailed top robotics market segments, market trends and opportunities, and any further data you may need to thrive in the top robotics industry. This top robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global top robotics market size grew from $88.28 billion in 2022 to $110.23 billion in 2023 at a compound annual growth rate (CAGR) of 24.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The top robotics market size is expected to grow to $219.28 billion in 2027 at a CAGR of 18.8%. The increase in use of robots in the logistics sector is projected to fuel the growth of the top robotics market over the coming years. The total procedure of handling how assets are bought, stored, and transported to their eventual destination is referred to as logistics. Robotics in logistics allows for remote connections with devices from which humans can observe and oversee the robot's operations, as well as lower logistics costs, more rapid cargo preparation, and higher delivery precision. For instance, according to the International Federation of Robotics, a US-based professional non-profit organization to promote, strengthen and protect the robotics industry, about 121,000 professional service robots were sold in 2021. Sales of medical robots were up 23% to 14,823 units. Therefore, the increasing use of robots in the logistics sector drives the growth of the top robotics market. The growing technological advancements are shaping the top robotics market. Technological advancements have authorized manufacturers to use lightweight robots that can manage numerous tasks and improve productivity. Artificial intelligence, machine learning, and other emerging technologies have been put into robots to replicate human intelligence and facilitate some of the jobs that humans perform. For instance, in January 2020, Omron, a Japan-based electronics company launched the Omron i4 which has an inbuilt AI system for predictive maintenance. This is a next-generation industrial robot that can identify and communicate when it's time for repairs and maintenance. In March 2021, Accenture, an Ireland-based company that provides consulting and processing services acquired Pollux for an undisclosed amount. The acquisition will expand Accenture’s capabilities for clients in consumer goods, pharmaceutical, and automotive industries seeking to make their factories, plants, and supply chains more productive, safe, and sustainable. Pollux is a Brazil-based provider of industrial robotics and automation solutions. Major players in the top robotics market are ABB Ltd., Yaskawa, FANUC, KUKA, Kawasaki Heavy Industries, Nachi-Fujikoshi, Honda Motor, Adept Technology, Mitsubishi Electric, Northrop Grumman, Denso, Epson, Universal Robots, Omron Adept, Stäubli, Comau, Yamaha, ST Robotics, CMA Robotics, Daifuku, Neato Robotics, SoftBank Robotics Group, UBtech Robotics, GE Inspection Robotics, and Starship Technologies. Asia-Pacific was the largest region in the top robotics market in 2022. The regions covered in the top robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the top robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The top robotics market consists of sales of articulated, cartesian, SCARA, cylindrical robotics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global top robotics market is segmented - 1) By Type: Top Industrial Robotics, Top Services Robotics 2) By Application: Handling, Welding And Soldering, Assembling And Disassembling, Dispensing, Other Applications 3) By End Use Industry: Automotive, Electrical And Electronics, Metals And Machinery, Food And Beverages, Pharmaceuticals And Cosmetics, Other End Use Industries

Industrial robots refer to programmable, mechanical devices used in place of people to perform dangerous or repetitive tasks with a high degree of accuracy. A robot has its own control system and is not controlled by a machine. The main types of industrial robots are articulated robots, linear robots, cylindrical robots, parallel robots, scara robots, and other robots. Linear robots are a form of industrial robot that has two or three main axes that move in a straight line rather than rotate and work at right angles to each other. The three sliding joints correspond to wrist movement: up and down, back and forth, and in and out. The various applications of industrial robots included pick and plane, welding and soldering, material handling, assembling, cutting and processing, and other applications. The various end-user industries involved are automotive, electrical and electronics, healthcare and pharmaceuticals, food and beverages, rubber and plastics, metals and machinery, and other end-user industries. The industrial robots market research report is one of a series of new reports from The Business Research Company that provides industrial robots market statistics, including industrial robots industry global market size, regional shares, competitors with an industrial robots market share, detailed industrial robots market segments, market trends and opportunities, and any further data you may need to thrive in the industrial robots industry. This industrial robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global industrial robots market size will grow from $47.21 billion in 2022 to $52.34 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial robots market size is expected to grow from $77.23 billion in 2027 at a CAGR of 10.2%. The shortage of skilled workers is contributing to the growth of the industrial robots market. As there is an increase in production requirements and due to high demand manufacturers are not able to fulfil the supply due to a shortage of skilled labor. Shortage of skilled labor exists due to two main reasons, the presence of unskilled workers and skilled workers but not available for work. According to the Department of Labor, as of January 2020, the US economy had 7 million job openings, but only 5.6 million people were looking for work. Producers to maintain a high supply are thus opting for the installation of robots. Industrial robots increase the overall productivity, efficiency, and effectiveness of the company. Therefore, the shortage of labor gives rise to other opportunities for the addition of robots to the workforce. High purchase and installation costs of industrial robots are expected to limit the growth of the industrial robots market. A robot installation is very costly as it is not only for the purchase of the robot but also for integration, programming, and maintenance. This is a major challenge for Small and Medium-size enterprises (SMEs) as they produce in low volumes and returns on investment will be a challenge. Moreover, fast-changing consumer preferences will also result in customization of a machine which will be again hard for SMEs to do so. According to RobotWorx, an industrial robot manufacturer's cost of an average new industrial robot ranges from $50,000 to $80,000 whereas it can go up to $100,000 to $150,000 as application specifics are added. Therefore, the high purchase and installation of industrial robots are expected to limit the growth of the industrial robots market. Automated mobile robots (AMR) are one of the recent trends in the industrial robots market. AMR is a robot that is designed to move materials across a plant floor or through a warehouse without the aid and direction of a human worker. Floor cleaners, forklifts, and pallet movers are examples of types of AMRs. For instance, Fetch Robotics, a California-based firm handles heavy loads in its warehouse by using AMR. Fetch Robotics cloud computing program enables an operator to scale and control all operations with the click of a button. It eliminates employee risk for injury and increases the efficiency of their overall operations. In March 2021, Accenture, a multinational company having specializations in information technology and consulting, based out of Irelands has announced the acquisition of Pollux for an undisclosed amount. As a result of this acquisition, Accenture intends to witness the tangible benefits of full integration of information technology and operations technology, which will help Accenture's manufacturing clients. Pollux Robotics is a Brazilian company that creates industrial robots. Major players in the industrial robots market are ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, Denso, Nachi Fujikoshin, Epson, and Dürr. The Asia-Pacific was the largest region in the industrial robots in 2022. Western Europe was the second largest region in the global industrial robots market. The regions covered in the global industrial robots report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the industrial robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial robots market consists of sales of manipulator, controller, electroactive polymers, elastic nanotubes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial robots market is segmented - 1) By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots, Other Product Types 2) By End-User Industry: Automotive, Electrical And Electronics, Healthcare & Pharmaceuticals, Food & Beverages, Rubber & Plastics, Metals & Machinery, Other End-User Industries 3) By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing, Other Applications

Aerospace robotics refers to programmable machines that assist humans in the construction of aircraft engines, performing tasks such as drilling and painting airframes, among others. The aerospace robotics enhance the performance and productivity of predefined operations in the aerospace sector. The main types of aerospace robotics include articulated, cartesian, and other types. Articulated robots are equipped with two or more rotary joints, support circular movements, and are used in the aircraft manufacturing process. The different applications of aerospace robotics are drilling, welding, painting, inspection, and others. The different aerospace robotics components include controllers, sensors, drive, arm processor, and end effector with technologies including conventional and collaborative and aerospace robotics payloads including small-medium payload robots, large payload robots, and extra-large payload robots. The aerospace robotics research report is one of a series of new reports from The Business Research Company that provides aerospace robotics statistics, including aerospace robotics industry global market size, regional shares, competitors with aerospace robotics share, detailed aerospace robotics segments, market trends and opportunities, and any further data you may need to thrive in the aerospace robotics industry. This aerospace robotics research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global aerospace robotics market size grew from $3.38 billion in 2022 to $3.69 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aerospace robotics market size is expected to grow to $5.54 billion in 2027 at a CAGR of 10.7%. The increase in commercial air traffic is expected to drive the aerospace robotics market during the forecast period. Aerospace robotics offer high precision and performance in the construction of aircraft engines, drilling and painting airframes, precise fiber cutting and placement. The growing middle-class population and the emergence of low-cost airlines offering competitive prices in developing economies is expected to contribute to airline activity, thus increasing demand for aircrafts during the period. For instance, according to Boeing’s 2020-2039 commercial market outlook, India's domestic air passenger market is expected to double its size by 2030, from the pre-pandemic levels, creating demand for an additional 2,200 new commercial aircrafts in the next 20 years in India, thus driving the aerospace robotics market during the period. Companies in the aerospace robotics market are focusing on technological advancement to accelerate and develop robotics and process technologies for the next generation of energy-efficient aircrafts. The aerospace industry rapidly adopts novel technologies such as the integration of robotics with 3D visualization, Internet of Things (IoT), artificial intelligence (AI), and cloud computing solutions to enhance the performance and productivity of predefined operations in the aerospace sector. In addition, robotic technology complements human-robot collaboration and reduces the turnaround time of the manufacturing process. For instance, in February 2021, Ai Build, a UK-based AI robotic 3D printing developer raised $1 million to scale its AI-based robotic technology to global aerospace and automotive sectors and speed up the large-scale 3D printing across these sectors. Through robotic systems with cloud-based software AiSync, it enables a large-scale 3D printing in aerospace and automotive sectors. In July 2021, ABB Group, a Swiss digital technologies company, acquired ASTI Mobile Robotics Group (ASTI), for an undisclosed amount. This acquisition adds ABB’s robotics and machine automation solutions, giving it a strong automation portfolio for the next generation of flexible automation. ASTI Mobile Robotics is a robotics company specialized in automation solutions with automated guided vehicles and autonomous mobile robots for different industries including aerospace. Major players in the aerospace robotics market are Kuka AG, Abb Group, Fanuc Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries, Ltd., Apex Automation And Robotics, Nachi-Fujikoshi Corp., Stäubli, Omron Adept Technology, Inc., Mitsubishi Electric Corporation, Jh Robotics, Inc., M Torres, Comau, MTM Robotics and Honeybee Robotics. North America was the largest region in the aerospace robotics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aerospace robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aerospace robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aerospace robotics market consists of sales of robots to aid in aerospace operations such as manufacturing, and inspection.  Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global aerospace robotics market is segmented - 1) By Type: Articulated, Cartesian, Other Types 2) By Application: Drilling, Welding, Painting, Inspection, Other Applications 3) By Technology: Conventional, Collaborative 4) By Component: Controller, Sensors, Drive, Arm Processor, End Effector 5) By Payload: Small-Medium Payloads Robots, Large Payloads Robots, Extra Large Payloads Robots

Warehouse robotics is a broad phrase that refers to the various automated devices and systems which can be used to improve speed, efficiency, and accuracy in a warehouse. The warehouse robotics are also used to transport materials, perform various tasks, and streamline or automate warehouse processes. The main types of warehouse robotics are SCARA robots, cylindrical robots, parallel robots, mobile robots, gantry robots, and stationary articulated robots. The SCARA robots (Selective Compliance Articulated Robot Arm robots) are used in processes and applications such as production equipment for electronic components, handling, small machine components requiring the precise assembly and disassembly, and transfer of large automotive components. The different types of systems include the knapp open shuttle, the locus robotics system, the fetch robotics freight system, scallog system, and the swisslog carry pick an performs functions such as pick and place, assembling dissembling, transportation, and packaging. This is implemented in various sectors such as e-commerce, automotive, food and beverage, electronics and electrical, metal and machinery, pharmaceuticals, and others. The warehouse robotics market research report is one of a series of new reports from The Business Research Company that provides warehouse robotics market statistics, including warehouse robotics industry global market size, regional shares, competitors with a warehouse robotics market share, detailed warehouse robotics market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse robotics industry. This warehouse robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global warehouse robotics market size grew from $4.21 billion in 2022 to $4.91 billion in 2023 at a compound annual growth rate (CAGR) of 16.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The warehouse robotics market size is expected to grow to $8.12 billion in 2027 at a CAGR of 13.4%. The growing e-commerce industry is driving the growth of the warehouse robotics market. E-commerce, or online shopping, is a business concept that allows individuals and businesses to buy and sell goods and services via the Internet. The e-commerce sector is the most transformative industry which necessitates automated warehouse robots to automate manual material transportation in any facility and optimize warehouse operations. For example, according to the US Census Bureau's Department of Commerce, retail e-commerce sales in the USA reached $222.5 billion in the second quarter of 2021, up by 3.3% from the first quarter. Therefore, the growing e-commerce industry is projected to increase the demand for the warehouse robotics market over coming years. Launch of AI-based warehouse robotic systems is shaping the warehouse robotics market. Artificial intelligence (AI) is the digital emulation of human intellect by a computer or computer-controlled system that perform tasks normally performed by smart individuals. Major players are focusing on AI-based warehouse robotic systems to automate repetitive pick-and-pack processes and perform sophisticated manipulations in unexpected conditions. For instance, in July 2020, Dexterity is a US-based company that provides robots as a service solution for warehousing, and supply chain operations launched AI-based warehouse robotic system. The robots use computer vision, the sensation of touch to adapt quickly, and advanced control theory, making them safe to work alongside humans. In September 2021, Locus Robotics, a US-based company that provides automated warehouse mobile robots acquired Waypoint Robotics for an undisclosed amount. The acquisition expands Locus' product portfolio of tried-and-true autonomous mobile robots (AMR) solutions to include e-commerce, case-picking, and pallet-picking, as well as scenarios demanding greater, heavier payloads and fulfillment modalities. Waypoint Robotics is a US-based manufacturer and provider of autonomous mobile robots for manufacturing and logistics applications. Major players in the warehouse robotics market are ABB Limited, Honeywell International Inc., Fanuc Corporation, Amazon Robotics, KUKA, Yaskawa Electric Corporation, Attabotics, Omron Corporation, Daifuku Co, Toshiba Corporation, Yamaha Robotics, Locus Robotics, Bastian Solutions, Grey Orange, and Kion Group. North America was the largest region in the warehouse robotics market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the warehouse robotics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Warehouse Robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The warehouse robotics market consists of sales of automated guided vehicles (AGVs), automated storage and retrieval systems (AS/RS), collaborative robots, articulated robotic arms, and goods-to-person technology. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global warehouse robotics market is segmented - 1) By Type: SCARA Robots, Cylindrical Robots, Parallel Robots, Mobile Robots, Gantry Robots, Stationery Articulated Robots 2) By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System, Swisslog Carry Pick  3) By Function: Pick And Place, Assembling Dissembling, Transportation, Packaging 4) By End-User: E-Commerce, Automotive, Food And Beverages, Electronics And Electrical, Metal And Machinery, Pharmaceuticals, Other End-Users

Medical robots are professional service robots used in and out of hospitals to improve patient care. It is used to assist in medical procedures, develop healthcare technology, and improve overall healthcare. Additionally, medical robotics technology is used in the healthcare industry for surgeries, radiotherapy treatment plans, rehabilitation therapy sessions, and others. The main product types of medical robots are surgical robotics systems, rehabilitation robotics systems, non-invasive radiosurgery systems. Robotic surgery is the use of computer technologies working in conjunction with robot systems to perform medical proceduresIt is applied in laparoscopy, neurosurgery, cardiology, orthopedic surgery, and pharmacy applications that are used in hospitals and clinics, specialty centers, and rehabilitation centers. The medical robotics market research report is one of a series of new reports from The Business Research Company that provides medical robotics market statistics, including the medical robotics industry global market size, regional shares, competitors with a medical robotics market share, detailed medical robotics market segments, market trends and opportunities, and any further data you may need to thrive in the medical robotics industry. This medical robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global medical robotics market size grew from $11.14 billion in 2022 to $13.11 billion in 2023 at a compound annual growth rate (CAGR) of 17.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The medical robotics market size is expected to grow to $25.47 billion in 2027 at a CAGR of 18.1%. The rising preference for minimally invasive surgery (MIS) is significantly contributing to the growth of the medical robotics market. Minimally invasive surgery refers to surgery that involves a variety of techniques, including applications of medical robots to operate with less damage to the body than with open surgery. There is a rise in minimally invasive surgeries as they are increasingly being preferred by patients due to their lower postoperative pain, postoperative complications, shorter hospital stays, fast recovery times, and others. For instance, results of the research, conducted by Johns Hopkins investigators and published in JAMA Surgery, indicate that American hospitals could collectively prevent thousands of post-surgical complications and save between $280 million and $340 million a year by using more minimally invasive procedures instead of traditional open surgery for routine operations of the appendix, colon, and lungs. Similarly, according to data from the Michigan Surgical Quality Collaborative, robot-assisted procedures accounted for 15.1% of all general surgeries in 2018, up from just 1.8% in 2012. Therefore, the rising preference for minimally invasive surgery drives the medical robotics market. Strategic collaboration between companies is a key trend gaining popularity in the medical robotics market. Companies in the medical robotics industry are undergoing various collaborations to develop new technologies and products. For instance, in February 2022, a US-based advanced photonics company Novanta announced a strategic collaboration with a US-based robotics and AI company MassRobotics to advance innovations in medical and surgical robotics. Novanta’s business units, namely Celera Motion and ATI Industrial Automation, will collaborate with MassRobotics to develop advanced innovations in medical or surgical robotics and improve robotic productivity. In 2020, Medtronics, an American-Irish registered medical device company, acquired Mazor Robotics for $1.64 billion. This acquisition will allow Medtronic to bolster its position in the spine surgery technology area. Through this deal, Medtronics aims to accelerate the advancement and adoption of robotic-assisted surgery in the spine for the benefit of patients, providers, and the healthcare system more broadly. Mazor Robotics is an Israel-based medical company that manufactures robotic guidance systems for various surgeries. Medtronic plc, Titan Medical, Inc., Stryker Corporation, Smith & Nephew plc, ReWalk Robotics, Renishaw PLC., Mazor Robotics, Irobot Corporation, Intuitive Surgical, Hocoma AG, Hansen Medical, Ekso Bionics, Accuracy Inc., Globus Medical, Houston Medical Robotics, Kinova robotics, Kirbey, Kuka Roboter GmbH, and Varian Medical Systems are major players North America will be the largest region in the medical robotics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The medical robotics market consists of sales of surgical robots / robot-assisted surgery machine, rehabilitation robots, laboratory robots, hospital robots, social robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global medical robotics market is segmented - 1) By Product: Surgical Robotics Systems, Rehabilitation Robotics Systems, Non-invasive Radiosurgery Systems 2) By Application: Laparoscopy, Neurosurgery, Cardiology, Orthopedic Surgery, Pharmacy Applications 3) By End-User: Hospitals And Clinics, Specialty Centers, Rehabilitation Centers

Robotics and automation actuators refer to a device that is used to transform energy into motion, which can be rotary or linear. The robotics and automation actuators aid in the movement of a robot, which frequently makes use of motors to turn the wheels of the robot, or a robot arm's joints, or to open or close a robot gripe. The main types of robotics and automation actuators are rotary actuators and linear actuators. The rotary actuators refer to the fluid power system output device that produces an oscillating movement over a restricted range in less than one complete circle revolution. The different actuations include electric, pneumatic, and hydraulic that is used for process automation and robotics applications. The several verticals involved are food and beverages, power generation, chemicals, paper and plastics, pharmaceuticals and healthcare, automotives, aerospace and defense, electronics and electrical, and others. The robotics and automation actuators market research report is one of a series of new reports from The Business Research Company that provides robotics and automation actuators market statistics, including global market size, regional shares, competitors with robotics and automation actuators market share, detailed robotics and automation actuators market segments, market trends, and opportunities, and any further data you may need to thrive in the robotics and automation actuators industry. This robotics and automation actuators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global robotics and automation actuators market size grew from $22.61 billion in 2022 to $26.13 billion in 2023 at a compound annual growth rate (CAGR) of 15.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The robotics and automation actuators market size is expected to grow to $46.07 billion in 2027 at a CAGR of 15.2%. The increasing demand for industrial robots is expected to propel the growth of the robotics and automation actuators market going forward. Industrial robots are mechanical systems or machines programmed to perform production-related activities autonomously in industrial settings. They are reprogrammable, employed for various applications, and are considered flexible automation. The electric actuator enables the industrial robots to constantly execute highly automated motion sequences with high precision and speed. For instance, according to the data published by the International Federation of Robotics, a Germany-based non-profit organization, in 2021, the actual installation of industrial robots reached 4.35 million units, with a 13% growth as compared to 2020. It is expected to reach 5.18 million units in 2024. Therefore, increasing demand for industrial robots is driving the growth of the robotics and automation actuators market. Technological advancement is a key trend gaining popularity in the robotics and automation actuator market. Major companies operating in the robotics and automation actuators sector are focused on developing technologically advanced solutions, including smart actuators, to strengthen their position. For instance, in October 2021, Ewellix, a Sweden-based manufacturer and supplier of linear motion solutions, launched a smart electro-mechanical actuator with expanded capability for use in agricultural and construction gear. The smart actuator offers four new or improved functions such as communication, built-in monitoring and diagnostics, precise position sensors, and in-control. In January 2022, Altra Industrial Motion Corp, a US-based company engaged in manufacturing motion control, power transmission, and automation products, acquired Nook Industries LLC for an undisclosed amount. This acquisition aims to expand the breadth of the linear products segment of Altra with the integration of the Nook business, into the automation and specialty segment of Altra Industrials. Nook Industries, LLC is a US-based industrial machinery manufacturing company specializing in precision ball screws, acme screws, screw jacks, and linear actuators. Major players in the robotics and automation actuators market are SMC Corporation, Rockwell Automation, Curtiss-Wright Corporation, ABB Group, Tolomatic, Thomson Industries Inc., SKF Motion Technologies, Moog Inc., MISUMI Group Inc., Macron Dynamics Inc., DVG Automation SpA, Flowserve, Festo Group, Harmonic Drive LLC, Cedrat Technologies, Venture Mfg. Co., and AUMA Riester GmbH & Co. KG. Asia-Pacific was the largest region in the robotics and automation actuators market in 2022. The regions covered in the robotics and automation actuator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the robotics and automation actuators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The robotics and automation actuators market consist of sales of solenoid actuators, DC motor actuators, servo actuators, and stepper motor actuators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global robotics and automation actuators market is segmented - 1) By Types: Rotary Actuators, Linear Actuators 2) By Actuation: Electric, Pneumatic, Hydraulic 3) By Applications: Process Automation, Robotics 4) By Vertical: Food And Beverages, Power Generation, Chemicals, Paper And plastics, Pharmaceutical And Healthcare, Automotive, Aerospace And Defense, Electronics And Electricals, Other Verticals