An exciting new study from the team of Lucintel found that robotics market is expected to reach $86.3 billion by 2027 with a CAGR of 9.3%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The robotics market is segmented based on end use, component, and region. In this market, industrial is expected to remain the largest end use, and hardware segment is expected to remain the largest component. Players can benefit from the available opportunities like increasing labour cost, low productio cost, and easy availability of economical labour in the region.
Fanuc Corporation, Kuka AG, Yaskawa Electric Corporation, ABB, Densoare some of the major players profiled in this 205 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the robotics market by end use (industrial and service), component (hardware and software), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the robotics market?
Q.4 What are some changing demands of customers in the robotics market?
Q.5 What are the new developments in the robotics market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this robotics area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this robotics market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.