Smart Robots Market (Updated Version Available)

Smart Robots Market Overview

Smart Robots market size was worth USD 6.1 Billion in 2022, witnessing a CAGR of 30.2% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 85.1 Billion by 2030.

Smart robots are being condemned in the market because people believe they will take their jobs, but this is simply not the case. Smart robots offer more benefits than drawbacks. Smart robots assist to improve peoples lives and keep businesses functioning efficiently. Smart robots provide several advantages, including safety, speed, uniformity, perfection, job generation, happier employees, and productivity. Smart robots are used not only in industry, but also in a wide range of personal applications such as senior care, pool cleaning, vacuum cleaning, robotic pets, and so on.

Report Attributes	Report Details
Study Timeline	2018-2030
Market Size in 2030 (USD Billion)	85.1 Billion
CAGR (2022-2030)	30.2%
By Component	Hardware, Software, Service
By Application	Industrial (Field Applications, Metal Fabrication, Packaging and Palletizing, Others), Service (Mobility, Security & Inspection, Healthcare Applications, Others).
By Geography	Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]
Key Players	Geckosystems Intl. Corporation, SoftBank Corporation, Puresight Systems Pvt. Ltd., KUKA AG, ABB, Hanson Robotics Ltd., Amazon Inc., Honda Motor Company Ltd., FANUC Corporation, YASKAWA ELECTRIC CORPORATION, OMRON Adept Technology Inc., Samsung Electronics Co. Ltd., Intuitive Surgical, Aethon, AIBRAIN Inc., Brain Corporation, Cyberdyne Inc., Greyorange, Epson America Inc., Lely, and DeLaval among others.

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We have conducted a 360-degree analysis of the Smart Robots market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.

Smart Robots Market Segmentation Analysis:-



By Component:

• Hardware
• Software
• Service

By Application:

• Industrial
o Field Applications
o Metal Fabrication
o Packaging and Palletizing
o Others
• Service
o Mobility
o Security & Inspection
o Healthcare Applications
o Others

Global Smart Robots Market Competitive Landscape:

The market research report on the Smart Robots market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentration–

• Geckosystems Intl. Corporation
• SoftBank Corporation
• Puresight Systems Pvt. Ltd.
• KUKA AG, ABB, Hanson Robotics Ltd.
• Amazon Inc., Honda Motor Company Ltd.
• FANUC Corporation
• Yaskawa Electric Corporation
• OMRON Adept Technology Inc.
• Samsung Electronics Co. Ltd.
• Intuitive Surgical
• Aethon
• AIBRAIN Inc.
• Brain Corporation
• Cyberdyne Inc.
• Greyorange
• Epson America Inc.
• Lely
• DeLaval among others.

With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Smart Robots Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.

Overview of the market for Smart Robots by region:



The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.