Market Reports Center One Stop Market Reaserch Shop Smart Robots Market Size, Share, Global Analysis, Trends, Outlook, Overview and Market Insights Summary Technavio Announces the Publication of its Research Report – Global Smart Robots Market 2016-2020 Technavio recognizes the following companies as the key players in the global smart robots market: iRobot, LG Electronics, Neato Robotics, Samsung Electronics, Anybots Inc., Hajime Research Institutes Ltd., Robosoft Services, Savioke Inc., Boeing, Israel Aerospace Industries, Lockheed Martin, Northrup Grumman, ABB, KUKA, Rethink Robotics, and Universal Robots. Other Prominent Vendors in the market are: AeroVironment, Aldebaran, Alphabet, Atlas Elektronik, Avatarmind, Bae Systems, Bluefin Robotic, Bobsweep, Boston Dynamics, Dyson, Ecovacs, Fanuc, Fluidra, GeckoSystems, General Dynamics, Hanool Robotics, Hayward, Honda, Infinuvo, Kawada, Kongsberg Maritime, Matsutek Enterprises, Maytronics, Miele, Moneual, Omron, OMRON Adept Technologies, Parrot, Pentair, QinetiQ, SAAB, Sharp, Softbank, Teradyne, Toshiba, Yaskawa Motoman, YUJIN ROBOT, and Zodiac International. Browse Detail Report With TOC @ https://marketreportscenter.com/reports/316928/global-smart-robots-market-2016-2020 Commenting on the report, an analyst from Technavio’ s team said: “A trend that is expected to have a big impact on market growth is IoT in robotics. IoT connects the physical world of machines and robots with the Internet and carries out the task without any direct human intervention. With increased focus toward building smart cities and factories, the demand for IoT-enabled personal service robots and collaborative robots is on the rise. Thus, vendors are developing IoT-enabled robotic vacuum cleaners, collaborative robots, and public relation robots.” Market Reports Center One Stop Market Reaserch Shop According to the report, a key growth driver is the increase in human labor cost. China is on the verge of crossing the Lewis Turning Point, where the availability of labor has reduced significantly, resulting in high labor cost. In 2015, the minimum monthly wage in China was about $140-$650, which has grown at the rate of 20%-25% YoY from 2012 to 2015. This contributed to the wide adoption of robots across manufacturing plants in the country, which made China the biggest market for robotics in 2015. In 2016, Foxconn replaced 50 thousand employees from 110 thousand with robots in its manufacturing plant in China. The robots (including collaborative robots) were assigned to perform the repetitive tasks previously done by the human workforce. Further, the report states that one challenge that could impact market growth is the performance limitation of robots due to battery issues. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. About the Smart Robots Market Robotic vacuum cleaners emerged in the market in the late 1990s and early 2000s. However, the adoption of robotic vacuum cleaners remained low during the both the periods due to product inefficiencies like limited suction power and random movement pattern to clean floors. However, technological innovations, availability of new advanced products such as infrared sensors, and longer battery life, have gradually increased product efficiency and functionalities. With extensive R&D, several vendors are developing new and advanced robotic vacuum cleaners such as the Wi-Fi-enabled robots and others. Owing to high flexibility, the demand for robotic vacuum cleaners has increased significantly 2011 onwards. Technavio’ s analysts forecast the global smart robots market to grow at a CAGR of 20.65% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global smart robots market for 2016-2020. To calculate the market size, the report considered the revenue generated the sale of smart mobile robots, collaborative robots, and personal service robots. The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Smart Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its Market Reports Center One Stop Market Reaserch Shop growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors • iRobot • LG Electronics • Neato Robotics • Samsung Electronics • Anybots Inc. • Hajime Research Institutes Ltd. • Robosoft Services • Savioke Inc. • Boeing • Israel Aerospace Industries • Lockheed Martin • Northrup Grumman • ABB • KUKA • Rethink Robotics • Universal Robots Other prominent vendors • AeroVironment • Aldebaran • Alphabet • Atlas Elektronik • Avatarmind • Bae Systems • Bluefin Robotic • Bobsweep • Boston Dynamics • Dyson • Ecovacs • Fanuc • Fluidra • GeckoSystems • General Dynamics • Hanool Robotics • Hayward • Honda • Infinuvo • Kawada • Kongsberg Maritime Market Reports Center One Stop Market Reaserch Shop • Matsutek Enterprises • Maytronics • Miele • Moneual • Omron • OMRON Adept Technologies • Parrot • Pentair • QinetiQ • SAAB • Sharp • Softbank • Teradyne • Toshiba • Yaskawa Motoman • YUJIN ROBOT • Zodiac International Market driver • Increase in human labor cost • For a full, detailed list, view our report Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/316928 Table Of Content PART 01: Executive summary • Highlights PART 02: Scope of the report • Market overview • Top-vendor offerings • Other prominent vendors PART 03: Market research methodology • Research methodology • Economic indicators • ROI calculation of robotic systems • Pre-implementation of robotic solutions • Post-implementation of robotic solutions PART 04: Introduction • Key market highlights PART 05: Market landscape • Market size and forecast • Five forces analysis Market Reports Center One Stop Market Reaserch Shop PART 06: Market segmentation by product • Global personal service robots market • Global smart mobile robots market • Global collaborative robots market • Key product segmentation analysis takeaways PART 07: Geographical segmentation • Smart robots market in EMEA • Smart robots market in Americas • Smart robots market in APAC • Key geographical segmentation analysis takeaways PART 08: Market drivers PART 09: Impact of drivers PART 10: Market challenges To Get Discount On The Report @ https://marketreportscenter.com/request-discount/316928 About Us: Market Reports Centeris an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. 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According to the report, a key growth driver is the increase in human labor cost. China is on the verge of crossing the Lewis Turning Point, where the availability of labor has reduced significantly, resulting in high labor cost.
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