A report published by Research on Global Markets titled "Global Robot Software Market (2018 – 2023)" studies the performance of the global robot software market over a five year assessment period from 2018 to 2023. The report presents the value forecast of the global robot software market and provides key insights into the factors driving market growth as well as the factors restricting market growth. According to the Research On Global Markets analysts, global robot software market is projected to expand at a compound annual growth rate (CAGR) of 9.2%, reaching USD 15.47 Bn by 2023.
Global Robot Software Market – Segment insights
The report published by Research On Global Markets features comprehensive analysis of the global robot software market segment based on software and industry. Based on software, the use of test simulation software is gaining considerable ground recently owing to the need to analyze unpredictable customer behavior and demands. The environmental detection software, on the other hand, allows suppliers to draw actionable insights and carry out targeted advertising by transforming uploaded images into data.
Based on industry, healthcare, manufacturing and financial services together are expected to secure a significant share of the robot software market. The transportation sector will also experience higher CAGR during the forecast period. Many emerging economies are employing robotics, drones and intensive hacking systems for defense purposes, which, in turn, is creating lucrative opportunities for robot software in this domain.
Global Robot Software Market - Market Insights
The rising adoption of commercial and industrial robots across multiple applications, particularly in automotive, healthcare, and the banking, financial services and insurance (BFSI) sectors, is augmenting the growth of the robot software market.
The market research report tracks the performance of the robot software market across the key geographies of North America, Europe, Latin America, Asia-Pacific, the Middle East and Africa. North America is the leading innovator as well as the most dominant region in the global robot software market. However, despite the dominance of North America, it is the Asia-Pacific region which is expected to witness the highest growth rate during the forecasted period.
Research On Global Markets tracks the performance of some of the major players operating in the global robot software market including ABB, Brain Corp, CloudMinds, Energid Technologies, Furhat Robotics AB, H2O.ai, IBM, Liquid Robotics, Neurala Inc, NVIDIA Corporation, Oxbotica, and UiPath, among others.
Some of the key topics covered in this report are:
• Global market overview - historical (2015–2017) and forecasted (2018–2023) market size (USD Bn), and market attractiveness analysis
• Market segmentation based on software type (environmental detection, test simulation, intelligent monitoring and prevention, data and analytics, and communication) – qualitative market observations
• Market segmentation based on industry (financial services, retail, government sector, healthcare and life science, manufacturing, and transportation and logistics) – qualitative market observations
• Qualitative analysis of the major drivers and challenges affecting the market
• Analysis of the competitive landscape and profiles of major players operating in the market
For more information on this market, request a free sample report.
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Global Robot Software Market to Expand at 9.2% CAGR Till 2023
According to a new market research report "Robot Software Market by Software Type (Recognition Software, Data Management & Analysis Software, and Communication Management Software), Robot Type (Industrial and Service Robot), Deployment Model, Vertical, and Region - Global Forecast to 2022", The robot software market size is expected to grow from USD 1,142.2 Million in 2017 to USD 7,527.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 45.8%.Browse and in-depth TOC on “Robot Software Market” 65 - Tables35 - Figures 132 - Pages Ask Sample Reports @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=5487986The key factor that drives the robot software market is the requirement to mitigate labor costs.
Moreover, robots are scalable, thus can be operated throughout the day with full efficiency and offer maximum flexibility to cover peak periods, especially at month-end.
In addition, error rates are reduced, which helps increase customer satisfaction.Transportation and logistics vertical is expected to grow at the highest CAGR during the forecast periodIn terms of verticals, the transportation and logistics vertical is expected to grow at the highest CAGR during the forecast period.
Self-driving vehicles are expected to pre-calculate routes around traffic jams and roadwork and communicate with nearby cars and traffic lights to optimize throughput and increase safety.North America is expected to constitute the largest market share; APAC to grow at the highest CAGR during the forecast periodNorth America is expected to continue dominating the market during the forecast period.
Furthermore, rise in expenditures over technology in countries, such as China and India, and the demand for cost-effective advanced data protection solutions and services among Small and Medium-sized Enterprises (SMEs), are expected to drive the market growth during the forecast period.Get Free 10% customization on this report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=5487986The communication management software type is expected to grow at the highest CAGR during the forecast periodThe communication management software provides functionalities, which enable organizations to record and track internal and external communications to streamline the communication process.
In addition, communication management software helps maintain communications management requirements for ISO 9001, ISO 14001, and OHSAS 18001 standards.
Robotic surgery, computer-assisted surgery, and robotically-assisted surgery are terms for technological developments that use robotic systems to aid in surgical procedures.
Robotically-assisted surgery was developed to overcome the limitations of pre-existing minimally-invasive surgical procedures and to enhance the capabilities of surgeons performing open surgery.In the case of enhanced open surgery, autonomous instruments (in familiar configurations) replace traditional steel tools, performing certain actions (such as rib spreading) with much smoother, feedback-controlled motions than could be achieved by a human hand.
The main object of such smart instruments is to reduce or eliminate the tissue trauma traditionally associated with open surgery without requiring more than a few minutes' training on the part of surgeons.However, high cost of microsurgery robot will negatively impact market growth.
Strict regulations laid by various regulatory bodies and dearth of skilled personnel can potentially restrict industry growth during the upcoming years.Major advances aided by surgical robots have been remote surgery, minimally invasive surgery and unmanned surgery.
Due to robotic use, the surgery is done with precision, miniaturization, smaller incisions; decreased blood loss, less pain, and quicker healing time.
Articulation beyond normal manipulation and three-dimensional magnification helps resulting in improved ergonomics.
The global market for label printing which was valued at $36.98 billion in 2017, is expected to reach $45.22 billion by 2022?
Due to the versatility and flexibility, combined with the high graphics standards that the software offers, label design printing business flourishes and here’s how it happens.
Latest added Global Pipeline Robot Market research study by AMA Research offers detailed outlook and elaborates market review till 2026.
At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are GE Inspection Robotics (Switzerland), ULC Robotics (United States), Pure Technologies (Canada), Honeybee Robotics (United States), Deep Trekker (Canada), Inuktun Services Ltd. (Canada), Ryonic Robotics (Pty) Ltd. (South Africa), Wuhan Easy-Sight Technology (China), Trio Vision LLC.
(United States), CUES Inc. (United States)A pipe robot also known as pipe inspecting and cleaning robot which is a device that is inserted into pipes to check for damage or obstruction.
Robotic inspection of the inner surface of a pipe can be achieved by a mobile robot, as the pipelines are usually buried underground and are in contact with the soil which can corrosion, where the steel pipe wall oxidizes, and effectively reducing wall thickness.
The Global Pipeline Robot segments and Market Data Break Down are illuminated below: by Type (Remotely Operated Vehicles, Autonomous Underwater Vehicles, Unmanned Aerial Vehicles, Unmanned Ground Vehicles), Application (Industrial, Oil and Gas, Chemical, Others), Components (Motor, Camera, Central Frame, Translational Element, Compression Spring) What's Trending in Market:It Improve Maintenance and Inspection Procedure inside the PipesGrowth of Petrochemical Industry Challenges:High Capital InvestmentRestraints:Unable Minimize the Mud and Scale Inside the PipeMarket Growth Drivers:Increasing Use of Robot in Various VerticalsThe Demand for Oil and Gas is increasing across the GlobeStrategic Points Covered in Table of Content of Global Pipeline Robot Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Pipeline Robot marketChapter 2: Exclusive Summary – the basic information of the Pipeline Robot Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Pipeline RobotChapter 4: Presenting the Pipeline Robot Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020Get More Information: https://www.advancemarketanalytics.com/reports/9129-global-pipeline-robot-market-1 Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source.
Thanks for reading this article, we can also provide customized report as per company’s specific needs.
According to a new market research report "Robot Software Market by Software Type (Recognition Software, Data Management & Analysis Software, and Communication Management Software), Robot Type (Industrial and Service Robot), Deployment Model, Vertical, and Region - Global Forecast to 2022", The robot software market size is expected to grow from USD 1,142.2 Million in 2017 to USD 7,527.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 45.8%.Browse and in-depth TOC on “Robot Software Market” 65 - Tables35 - Figures 132 - Pages Ask Sample Reports @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=5487986The key factor that drives the robot software market is the requirement to mitigate labor costs.
Moreover, robots are scalable, thus can be operated throughout the day with full efficiency and offer maximum flexibility to cover peak periods, especially at month-end.
In addition, error rates are reduced, which helps increase customer satisfaction.Transportation and logistics vertical is expected to grow at the highest CAGR during the forecast periodIn terms of verticals, the transportation and logistics vertical is expected to grow at the highest CAGR during the forecast period.
Self-driving vehicles are expected to pre-calculate routes around traffic jams and roadwork and communicate with nearby cars and traffic lights to optimize throughput and increase safety.North America is expected to constitute the largest market share; APAC to grow at the highest CAGR during the forecast periodNorth America is expected to continue dominating the market during the forecast period.
Furthermore, rise in expenditures over technology in countries, such as China and India, and the demand for cost-effective advanced data protection solutions and services among Small and Medium-sized Enterprises (SMEs), are expected to drive the market growth during the forecast period.Get Free 10% customization on this report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=5487986The communication management software type is expected to grow at the highest CAGR during the forecast periodThe communication management software provides functionalities, which enable organizations to record and track internal and external communications to streamline the communication process.
In addition, communication management software helps maintain communications management requirements for ISO 9001, ISO 14001, and OHSAS 18001 standards.
Robotic surgery, computer-assisted surgery, and robotically-assisted surgery are terms for technological developments that use robotic systems to aid in surgical procedures.
Robotically-assisted surgery was developed to overcome the limitations of pre-existing minimally-invasive surgical procedures and to enhance the capabilities of surgeons performing open surgery.In the case of enhanced open surgery, autonomous instruments (in familiar configurations) replace traditional steel tools, performing certain actions (such as rib spreading) with much smoother, feedback-controlled motions than could be achieved by a human hand.
The main object of such smart instruments is to reduce or eliminate the tissue trauma traditionally associated with open surgery without requiring more than a few minutes' training on the part of surgeons.However, high cost of microsurgery robot will negatively impact market growth.
Strict regulations laid by various regulatory bodies and dearth of skilled personnel can potentially restrict industry growth during the upcoming years.Major advances aided by surgical robots have been remote surgery, minimally invasive surgery and unmanned surgery.
Due to robotic use, the surgery is done with precision, miniaturization, smaller incisions; decreased blood loss, less pain, and quicker healing time.
Articulation beyond normal manipulation and three-dimensional magnification helps resulting in improved ergonomics.
The global market for label printing which was valued at $36.98 billion in 2017, is expected to reach $45.22 billion by 2022?
Due to the versatility and flexibility, combined with the high graphics standards that the software offers, label design printing business flourishes and here’s how it happens.
Latest added Global Pipeline Robot Market research study by AMA Research offers detailed outlook and elaborates market review till 2026.
At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are GE Inspection Robotics (Switzerland), ULC Robotics (United States), Pure Technologies (Canada), Honeybee Robotics (United States), Deep Trekker (Canada), Inuktun Services Ltd. (Canada), Ryonic Robotics (Pty) Ltd. (South Africa), Wuhan Easy-Sight Technology (China), Trio Vision LLC.
(United States), CUES Inc. (United States)A pipe robot also known as pipe inspecting and cleaning robot which is a device that is inserted into pipes to check for damage or obstruction.
Robotic inspection of the inner surface of a pipe can be achieved by a mobile robot, as the pipelines are usually buried underground and are in contact with the soil which can corrosion, where the steel pipe wall oxidizes, and effectively reducing wall thickness.
The Global Pipeline Robot segments and Market Data Break Down are illuminated below: by Type (Remotely Operated Vehicles, Autonomous Underwater Vehicles, Unmanned Aerial Vehicles, Unmanned Ground Vehicles), Application (Industrial, Oil and Gas, Chemical, Others), Components (Motor, Camera, Central Frame, Translational Element, Compression Spring) What's Trending in Market:It Improve Maintenance and Inspection Procedure inside the PipesGrowth of Petrochemical Industry Challenges:High Capital InvestmentRestraints:Unable Minimize the Mud and Scale Inside the PipeMarket Growth Drivers:Increasing Use of Robot in Various VerticalsThe Demand for Oil and Gas is increasing across the GlobeStrategic Points Covered in Table of Content of Global Pipeline Robot Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Pipeline Robot marketChapter 2: Exclusive Summary – the basic information of the Pipeline Robot Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Pipeline RobotChapter 4: Presenting the Pipeline Robot Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020Get More Information: https://www.advancemarketanalytics.com/reports/9129-global-pipeline-robot-market-1 Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source.
Thanks for reading this article, we can also provide customized report as per company’s specific needs.