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SELF-RECONFIGURING MODULAR ROBOT MARKET ANALYSIS

Self-Reconfiguring Modular Robot Market, By Offering (Hardware, Software, and Services), By Product Type (Lattice architectures, Chain/tree architectures, Deterministic reconfiguration, Mobile architectures, and Stochastic reconfiguration), By Application (Space, and Search and rescue), By End-user Industry (Automotive, Electrical and Electronics, Metals and Machinery, Plastics, Rubber and Chemicals, Food and Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics, and Others), and By Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI1180
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Global Self-reconfiguring Modular Robot Market: Regional Insights

The global self-reconfiguring modular robot market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market for self-reconfiguring modular robot in Asia Pacific is expected to account for the largest share in the global market over the forecast period. This growth is attributed to increased adoption of robots by several manufacturers, especially in emerging economies such as China and India. According to International Federation of Robots Organization (IFR), in 2015 the sales of robots was totaled 160,558 units from 134,444 units in 2014. The total sales for robots in China, individually, accounted for 68,556 units in 2015, which is higher than the total sales in 2014 which was 57,096 units of robots. This sale is mainly driven by increasing adoption of these in automotive, electrical/electronics industry, metal industry, and rubber and plastics industry. Hence, this huge demand for robots in several industries in Asia Pacific region is expected to propel the region self-reconfiguring modular robots market by 2025.

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