PUBLISHER: BCC Research | PRODUCT CODE: 1046420
PUBLISHER: BCC Research | PRODUCT CODE: 1046420
The global market for robotics is estimated to increase from $55.8 billion in 2021 to $91.8 billion by 2026, at a compound annual growth rate (CAGR) of 10.5% during the forecast period of 2021-2026.
The global market for industrial robots is estimated to increase from $28.0 billion in 2021 to $42.2 billion by 2026, at a CAGR of 8.6% during the forecast period of 2021-2026.
The global market for professional service robots is estimated to increase from $12.6 billion in 2021 to $25.3 billion by 2026, at a CAGR of 14.9% during the forecast period of 2021-2026.
Robotics: Technologies and Global Markets (ENG001G) provides both a review of recent key developments in robotics and a forecast that examines the industry from the perspective of robot makers and their traditional and prospective end users.
Forecasts have been generated by region, by type of robot, by robot user, by robot-performed task, and by type of robotic product and market region.
Five types of robots are discussed and forecast in this report: industrial robots, professional service robots, military robots, domestic service robots, and security robots.
Seventeen types of robot end users are covered: aerospace manufacturing, agricultural, automotive manufacturing, building maintenance, chemical and fuel processing, construction, consumer products manufacturing, education and research, electrical and electronics manufacturing, food processing, government (defense), government (non-defense), healthcare, households, metals, pharmaceutical manufacturing, and textile and clothing manufacturing.
Nineteen robot-performed tasks are examined: assembly; assisted transport; building security; construction and demolition; couriers and guides; dispensing; entertainment; floor maintenance; exterior maintenance; hazardous materials disposal; inspection and sample collection; laboratory bench assistance; material handling; painting, coating and gluing; palletizing and packaging; part cutting and forming; surgery; surveillance; and welding and soldering.
Four robotic products groups are reviewed: whole robots, robot parts, robot software, and robot safety materials.
All market values are provided in millions of U.S. dollars, and all are calculated as nominal value; 2020 is considered as the base year, and 2021 as the projected year, and the values are forecast from 2022 to 2026. The CAGR (Compound Annual Growth Rate) in percentage terms represents the cumulative five-year growth.