Global Market For Robotics Technologies To Grow To $29 Billion By 2018

Technological and military needs have created a climate for the accelerated acceptance of robots far from the factory floor, where they originated and have their current economic base. The increasing number of U.S. patent filings referencing robots in their abstracts, combined with the rapid pace of innovation signal substantial growth for the robotics industry.

According to BCC Research’s report, Robotics:Technologies and Global Markets , the market for whole robots, robot parts, robot software, and related safety materials is currently worth $22 billion. This report forecasts the market to grow at a five-year compound annual growth rate (CAGR) of 5.9% between 2013 and 2018, and surpass a market size of $29 billion.

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Use this report to:

• Gain an overview of recent key developments in the global market for robotics and its growth over the next five years.
• Receive product demand forecasts from 2013 to 2018, based on recent developments that can alter the industry’s technological and economic landscape in North America, Asia, Europe, and developed nations in other regions.
• Receive a comprehensive regional set of tables that forecast current U.S.-dollar value demand for four categories of robot products, six types of robots, 16 robot-using industries, and 26 end-user applications for robots.
• Review the history of the robotics industry, and examine the six basic types of robots: industrial, domestic service, professional service, security, space, and military.
• Receive an overview of key industry participants, and a patent analysis accompanied by a list of patent numbers and titles of the more than 700 robot patents issued by the U.S. Patent and Trademark Office.
• Discuss the broader economic, national policy, and industrial development issues that support, and in some cases, impede the adoption of robotic technology.

This report will be useful to executive and senior managers across the full spectrum of manufacturing and marketing activities in: aerospace, agriculture, alternate energy systems, automotive manufacturing, border protection, chemical, and fuel processing. The report will benefit personnel engaged in commercial building maintenance, construction, consumer products manufacturing, defense-related governmental activities, education and research, electronics manufacturing, and food processing. Professionals working with health care, home care, law enforcement, medicine and surgery, non-defense governmental activities, pharmaceutical manufacturing, textile and clothing manufacturing, unmanned aerial, maritime, and surface vehicles production will also find the report beneficial.

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.

Global Demand for Robots and Robot-Related Products to Reach $30 Billion by 2016

The global demand for robots and robot-related products was worth around $21 billion in 2010. The market is expected to grow to nearly $22 billion in 2011 and $30 billion by 2016, a compound annual growth rate (CAGR) of 6.7% between 2011 and 2016.

Learn about the demand of the global and country specific market for six basic types of robots including: industrial, domestic service, professional service, security, space, and military robots.  Get to know their components, basic and advanced technology and their applications. Key players and patent analysis are provided as well...

Use this report to:

• Learn about the key developments in robotics that have occurred since 2009 and forecasts for the industry on a global, regional, and industry-segmented basis
• Identify important market forces and trends that directly affect the robotics market
• Estimate the demand for robots in the four major marketing regions: North America, the European Union, the Asian region, and Other Markets
• Know about six major types of robots, 26 end-user applications or tasks that robots perform.

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.

SUMMARY FIGURE
DEMAND FOR ROBOTS, 2009-2016
($ MILLIONS)

Source: BCC Research

Global demand for robots and robot-related products to reach $30 billion by 2016

The global demand for robots and robot-related products was worth around $21 billion in 2010. The market is expected to grow to nearly $22 billion in 2011 and $30 billion by 2016, a compound annual growth rate (CAGR) of 6.7% between 2011 and 2016.

Learn about the demand of the global and country specific market for six basic types of robots including: industrial, domestic service, professional service, security, space, and military robots.  Get to know their components, basic and advanced technology and their applications. Key players and patent analysis are provided as well...

Use this report to:

• Learn about the key developments in robotics that have occurred since 2009 and forecasts for the industry on a global, regional, and industry-segmented basis.
• Identify important market forces and trends that directly affect the robotics market. 
• Estimate the demand for robots in the four major marketing regions: North America, the European Union, the Asian region, and Other Markets.
• Know about six major types of robots, 26 end-user applications or tasks that robots perform.

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.

DEMAND FOR ROBOTS, 2009-2016 ($ MILLIONS)