China’s demand for Automation and Robots has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
This study focuses on China’s Automation and Robots industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s...
The top robotics market is expected to grow from USD 76.6 billion in 2020 and is projected to reach USD 176.8 billion by 2025; it is expected to grow at a CAGR of 18.2% during the forecast period. Manufacturing industries are expected to face a workforce shortage within the next few years. Due to the anticipated shortage of skilled labor in...
The Asia-Pacific Automated Material Handling (AMH) and Storage Systems Market (henceforth, referred to as the market studied) was valued at USD 15750.5 million in 2019, and is expected to reach USD 29488.0 million by 2025, registering a CAGR of 12.3%, during the period of 2020-2025. With the rapid growth in stock-keeping units (SKUs), wholesalers...
The global smart robots market is expected to grow from USD 6.1 billion in 2020 to USD 23.0 billion by 2025; it is expected to grow at a CAGR of 30.5% during the forecast period. Rising integration of IoT in robots for cost-efficient predictive maintenance.Predictive maintenance is forecasting potential issues before they happen. An...
The global piece picking robots market was valued at USD 95.3 million in 2019 and it is expected to reach USD 1677.2 million by 2025, registering a CAGR of 62.5%, during the period of 2020-2025. With the requirement for e-commerce and product assortment quickly growing, the demand for piece-picking solutions has grown substantially. Additionally,...
The global smart cleaning and hygiene market was valued at USD 2.63 billion in 2019, and it is expected to reach USD 5.91 billion by 2025, registering a CAGR of 15.7% during the period of 2019-2025. The increasing demand for domestic consumer robots and growing investment in R&D of personal service robots for assistance in various household...
In terms of revenue, the global vision guided robotics market was valued at US$ 4,616.6 million in 2019 and is projected to reach US$ 12,958.9 million by 2027; it is expected to grow at a CAGR of 13.8% during the forecast period. The penetration of vision guided robotics is gaining pace in diverse industries other than automotive and...
The Global Automated Material Handling (AMH) Market was valued at USD 50,544.6 million in 2019 and is expected to reach USD 101,487.3 million by 2025, registering a CAGR of 12.7%, during the period of 2020-2025. The Census of Fatal Occupational Injuries, which has been conducted under the U.S. Bureau of Labor Statistics, has established that...
The global logistics robots market accounted for US$ 4,356.2 Bn in 2018 and is expected to grow at a CAGR of 19.10% over the forecast period 2019-2027, to account for US$ 20,293.4 Bn in 2027. During the forecast period of 2019 to 2027, the positive growth outlook towards the growing demand of logistics robots to handle the growing issues of...