Monday, March 4, 2013

Major Growth Expected for Robotics Technologies in Asia

Asian market countries share a common interest with the European Union in the area of  industrial and professional service robots; they diverge with both the EU and North America in placing a lower priority on integrating robots into their military or security forces.  Available open-source intelligence indicates that the relatively small investment in military robots for mainland China reflects a poorly developed communications command and control network, coupled with the economic need to maintain a large standing army as a mechanism for providing jobs and incomes, especially in rural regions. 

The cohesiveness of this industry is presently low, but trade agreements that BCC Research anticipates to be concluded over the forecast period will harmonize business practices and the flow of commodities during product manufacturing.  BCC does not anticipate the cohesiveness of this region to approach that of North America or the European Union, but it will be greatly improved by 2018.

BCC anticipates that the bulk of the growth in the European Union will be concentrated in the later part of the forecast period, when robotic development initiatives now being undertaken on an EU-wide basis will result in commercialized products.  The distribution of growth among different types of robots also reflects a profoundly different approach in the EU toward encouraging the development of the industry than that is occurring in the North American market.  The chief difference is an EU-wide emphasis on creating a new class of robots that can safely work in near proximity to humans and safely perform personal care tasks that will be increasingly required as the European population ages.

This report provides:
  • An overview of recent key developments in the global market for robotics and a look ahead at the next five years.
  • Analyses of global market trends, with data from 2011 and 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

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