Technology Electronics

Lucintel Estimates Global Robotics Industry to Experience Moderate Growth in 2013-2018

The global robotics industry experienced good growth during 2007-2012, but growth is expected to moderate over the next five years and reach an estimated $38 billion by 2018. Growth is expected to be driven by robotic usage in education with artificial intelligence, prospective huge demand for robots used in restoration work at disaster sites such as Fukushima, rescue robots, and growth in robotic toys.
Lucintel, a leading global management consulting and market research firm, has analyzed the industry and offers its findings in its comprehensive research report, €Global Robotics Industry 2013-2018: Trend, Profit, and Forecast Analysis.€
This report is geographically segmented in four regions: North America, Europe, Asia Pacific, and Rest of the World. Europe dominates the industry. Competition seems moderate because it is a highly capital-intensive industry.

Lucintel has identified that high prices, highly technological and complex features, human dependency, and ethical issues regarding complete automation are the major growth challenges. Industrial automation, demographic changes, product quality improvement, operational efficiency, execution of repetitive work, and ability to work in risky environments are the industry major drivers.

This market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information. This Lucintel study provides understanding of recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter's Five Forces Analysis, product launches, and mergers & acquisitions that determine the regional and segmental opportunities, competitive landscape, and profitability trend and analysis of the major industry players. The key insights sections portray beneficial information on an industry segment's growth and regional growth trends.
North America and the Rest of World (ROW) regions are expected to lead the global robotics industry over 2013-2018, propelled by growth in automatic and semi-automatic robots. China is expected to be a leading consumer with huge market opportunity in elderly care, entertainment, and home assistance.
The industry experienced good growth during 2007-2012; however, over 2013-2018, growth is expected to be moderate, reaching an estimated $38 billion by 2018. Increasing penetration in such markets as automatic refueling, mine exploration, home assistance and task robots (cleaning, lawn mowing), entertainment, and education is projected to fuel the demand over 2013-2018.
The industry is projected to witness increased usage in surveillance operations, emergence of small and cost-effective military robots, demand for automated and semi-automated aerial vehicles and ground vehicles for defense, and civil applications in energy and inspections.
This Lucintel research report provides important understanding of recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, performance gap, emerging trends, industry forecasts, Porter's Five Forces Analysis, hazards, and the profitability analysis of the major industry players. This study also provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. The report helps current suppliers realistically assess their standing vis-a-vis leading competitors. It is designed to provide executives with strategically significant competitor information, data analysis, and insight, critical to the development and implementation of effective marketing and sales plans.
For a detailed table of contents and pricing information on this timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel offerings include SWOT Analysis, Target Screening, and Merger and Acquisition Consulting.

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