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Dublin, March 14, 2022 (GLOBE NEWSWIRE) — The “Automation and Robotics Market in Industrial, Enterprise, Military, and Consumer Segments by Type, Components, Hardware, Software, and Services 2022 – 2027” report has been added to ResearchAndMarkets.com’s offering.
This report evaluates the global and regional robotics marketplace including the technologies, companies, and solutions for robots in the industrial, enterprise, military, and consumer segments. The report includes detailed forecasts for robotics by robot type, components, capabilities, solutions, and connectivity for 2022 to 2027.
Select Report Findings:
- Advances in 5G, AI, and teleoperation are enabling next-generation cloud robotics
- Data storage and analytics for industrial cloud-based robotics will reach $4.5B by 2027
- Cloud robotics-as-a-service capabilities are redefining robot productization and solutions
- Software for the military cloud robotics market will exceed $3.6B by 2027 with 79.5% CAGR
- The assistive robotics market will reach $25.1B by 2027, driven by healthcare and social needs
- Unprecedented efficiency and effectiveness gains will be realized through 5G robotics solutions
With the substantial amount of capital behind global industrial automation, the industrial robotics sector will continue a healthy growth trajectory, which is supported by many qualitative and quantitative benefits including cost reduction, improved quality, increased production, and improved workplace health and safety.
In the wake of the pandemic, we see a major push for further automation and robotics, especially within the United States service sector. This is because many businesses see repetitive tasks as performed with great safety, less expense, and reduced probability for service disruption with robotics rather than reliance upon human workers.
Robotics is increasingly used to improve enterprise, industrial, and military automation. In addition, robots are finding their way into more consumer use cases as the general public’s concerns fade and acceptance grows in terms of benefits versus risks. While many consumer applications continue to be largely lifestyle-oriented, enterprise, industrial, and military organizations utilize both land-based and aerial robots that are used for various repetitive, tedious, and/or dangerous tasks. Adoption and usage are anticipated to rapidly increase with improvements to artificial intelligence, robotic form factors, and fitness for use, cloud computing, and related business models, such as robotics as a service.
The global robotics market is broadly segmented into enterprise, industrial, military, and consumer robotics. Major market segments that cross-over…
Full story available on Benzinga.com
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