Cloud Robotics Market Share, Growth, COVID19 Impact Analysis on Industry Share, Demand and Forecast to 2027
The market is projected to witness significant growth in the years to come. In this regard, Market Research Future (MRFR) asserts that the global Cloud Robotics Market Share is estimated to witness exponential revenue growth by 2027, growing at an impressive CAGR during the assessment period (2020-2027). Improving official safety standards governing the design and manufacture of industrial mobile robots impacts the market growth positively.
The Cloud Robotics Market Share Share is garnering substantial traction. The market growth
attributes to the spurring rise in the industrial sector and automation across
industries. The demand for cloud robotics is rising in multi-folds as
organizations are increasingly adopting cloud infrastructure for rapid
operation processes. Moreover, the growing need for seamless internet
connectivity creates substantial demand for cloud robotics systems.
Development in software structures and wireless
technology progress has led to increased dependence of industries over robotic
cloud systems. In warehousing, cloud robotics platforms provide on-demand
automation solutions for material handling and inventory management. As a
result, growing numbers of manufacturing, distribution, and fulfillment centers
have begun using cloud-based robots for various material handling tasks.
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Global Cloud Robotics Market Share Share -
Segments
The report is segmented into types, connectivity,
applications, and regions. The type segment is sub-segmented into proxy-based,
clone-based, and peer-based cloud robotics. The connectivity segment is
sub-segmented into Wi-Fi, 3G, 4G, Bluetooth, radiofrequency, and infrared
connectivity. The application segment is sub-segmented into defense,
healthcare, manufacturing, retail, transportation, aerospace, agriculture, and
others. The region segment is sub-segmented into Asia Pacific, Americas,
Europe, and rest-of-the-world.
Global Cloud Robotics Market Share -
Regional Analysis
North America leads the global Cloud Robotics
Market Share Share. The market growth attributes to the vast uptake of
robotics in the defense, healthcare, and security sectors. Connected robotics
plays a crucial role in enhancing the performances of automated systems and
controllers and delivering superior performance in the communication
infrastructure of data centers.
Besides, the increasing development and high
adoption of automation in production units substantiate market demand. The
increasing focus on improving communication capabilities, especially used in
the defense sector in the region, pushes the Cloud Robotics Market Share Share
size.
Europe stands second in the global Cloud Robotics
Market Share Share. A large number of industries in the region have implemented
robotics in their operations. Additionally, the strong presence of auto
manufacturers and the need for automated vehicle manufacturing processes drive
the regional market growth. Increasing R&D activities and funding to
develop robotics act as major tailwinds for the market growth in the region.
The Asia Pacific region also shows substantial
growth in the global Cloud Robotics Market Share Share. Factors such as the
strong presence of several notable players and well-established development
centers in the region boost the market share, allowing the early uptake and
advances in robotics. Furthermore, the growing industrialization and production
drive the growth of the market.
Global Cloud Robotics Market Share -
Competitive Landscape
Highly competitive, the Cloud Robotics Market Share
Share appears fragmented, with several well-established players forming a
competitive landscape. To gain a substantially larger market share, key players
incorporate strategic approaches, such as mergers & acquisitions, collaborations,
expansion, and product/ technology launch. They also make substantial
investments in new product developments and geographical expansion.
Major Players:
Players leading the global Cloud Robotics Market
Share Share are Kuka AG (Germany), Rockwell Automation,
Inc. (US), ABB Group (Switzerland), Yaskawa Electric Corporation (Japan), Fanuc
Corporation (Japan), Rapyuta Robotics Co. Ltd. (Japan), Calvary Robotics
(US), Motion Controls Robotics (US), and Ortelio Ltd. (UK), among others.
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