“Cloud
Robotics Market: Global Demand Analysis & Opportunity Outlook 2024”
The global cloud robotics market
is segmented into end user type such as industrial, military, commercial and
personal. Among these segments, industrial segment is expected to flourish
during the forecast period. The industries are focusing towards automation
technologies which are able to carry out a greater number of errorless tasks in
the manufacturing processes. Further, continuous adoption of automation
technologies such as cloud computing technology in various industries is a
major factor which is likely to drive the growth of this segment during the
forecast period.
Global cloud robotics market is
expected to register a 13.2% CAGR over the forecast period. Moreover, global cloud robotics market
is anticipated to reach at revenue of about USD 3,100.1 Million by the end of
2024. The market is expected to expand on the back of rapid innovations and advancements in cloud
computing technologies.
Further, Asia Pacific region is
anticipated to be the fastest growing market for cloud robotics during the
forecast period. Growing industrialization in emerging economies is a major
factor which is likely to propel the growth of Asia Pacific cloud robotics market during
the forecast period. Apart from this, China, Japan and India are expected to
contribute significantly in the growth of cloud robotics market in Asia Pacific
region over the forecast period.
Technological
advancements in Cloud Robotics
Continuous innovations and developments in cloud
robotics is a key factor which has attracted many industries towards cloud
robotics. Robotics arms and other advanced cloud robotic technologies are being
used in industrial sectors. Further, development of cheaper, effective,
lighter, energy efficient and more intelligent robots are likely to drive the
growth of global cloud robotics market in near future.
Growing industrial
sector
Increasing number of industries
across the globe and their inclination towards automation technologies are
envisioned to escalate the demand for cloud robotics technologies in industries.
Further, high spending by industrialists to adopt advanced automation
technologies such as cloud robotics to boost productions and to reduce human
errors is fueling the growth of cloud robotics market.
Although, high capital required
for installment of these facilities and huge spending on R&D of cloud
robotics technology some of the factors that are likely to inhibit the growth
of the cloud robotics market in the near future.
The
report titled “Cloud
Robotics Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of
the global cloud robotics market in terms of market segmentation by
connectivity, by deployment type, by end-user type, by application and by
region.
Further, for the in-depth analysis,
the report encompasses the industry growth drivers, restraints, supply and
demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global cloud
robotics market which includes company profiling of V3 Smart Technology Pvt. Ltd., Hit Robot Group, ABB Group, Adept
Technology, Boston Dynamics, Fanuc Corporation, Rockwell Automation Inc.,
Rapyuta Robotics Co. Ltd., Universal Robotics A/S, and Motion Controls Robotics.
The profiling enfolds key information of the companies which encompasses
business overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global cloud
robotics market that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
To know more about this research, kindly visit: https://www.einpresswire.com/article/410155196/growing-applications-of-cloud-robotics-in-industrial-sector-are-allowing-cloud-robotics-to-expand-with-a-cagr-of-30-1
Contact for more
Info:
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Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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