Monday, 11 April 2016

Rising Adoption of Robotic Automation across Numerous Industries to Drive Global Consumer Robotics Market

A market research report by Transparency Market Research presents a detailed analysis of the global consumer robotics market and its key elements. The report is titled, “Consumer Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020”.
The report states that the market has achieved significant recognition in the past few years owing to the rising popularity of robotic automation across a number of industries. The use of robots for undertaking a number of mundane and repetitive tasks significantly helps in achieving numerous benefits related to cost, time, and comfort. As a result, despite the high base-costs of most varieties of consumer robots available in the market, their demand is on a constant rise across the globe.

Some of the major factors driving the global consumer robotics market are the advancements in the fields of navigation systems and artificial intelligence; the rising use of mobile computing devices such as smartphones, tablet computers, wearables; the ubiquity of the Internet. Development in the field of assistive intelligence through cutting-edge mobile services is also driving the overall development of the global consumer robots market.

The report presents an expansive analysis of growth drivers, restraints, and major trends and their impact on the market’s development. The report also includes an overview of the macro and micro factors essential for an effective stance in the market, along with a detailed analysis of the market’s value chain.

The report segments the global consumer robotics market on the basis of end-use, component, industry vertical, and geography.

On the basis of end-use, the market is segmented into personal robots, education robots, task robots, security and surveillance robots, and entertainment robots. On the basis of components, the market is segmented into microcontrollers, processors, sensors, displays, software, cameras, power supplies, communications technologies, manipulators, actuators, mobile platforms, ball, legs, wheels, and other mobility options.

On the basis of industry verticals, the market is segmented into educational robotics kits, consumer robots, industrial robots, telepresence robots, healthcare robots, and UAVs. On the basis of geography, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World (RoW).

The report also gives a detailed overview of the competitive landscape of the global consumer robotics market with the help of business profiles, SWOT analysis, Porter’s five forces analysis, and other finance-related data of some of the key companies operating in the market. The companies profiled in the report include Samsung Electronics, Bossa Nova Robotics, iRobot, Grishin Robotics, Lego Education, Sharp TechJect Inc., Toyota, Ecovacs, Hoaloha Robotics, Hasbro, Willow Garage, RoboDynamics, WowWee Group Limited, and Neato Robotics.

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