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Global Robotics Market (Industrial and Service Robotics) and Volume Forecast to 2022

Robots deliver better quality products and services more efficiently, with less wastage and without causing physical damage to humans due to their autonomous nature. They help to reduce operating costs, while increasing production output. The increasing use of robotics will boost the growth of the market in the coming future. 

Service Robotics Market and Volume - By Type (Professional Service Robots, Personal and Domestic Service Robots) and Key Players Analysis - Global Forecast to 2022

The global service robotics market was valued over USD 7 Billion in 2016. Service robots have witnessed widespread acceptance among various professional and personal applications owing to benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and reduced operational costs and human errors.

Global Industrial Robotics Market and Volume by Application (Automotive Industry, Electrical/Electronics, Metal, Chemical, Rubber and Plastics, Food, Others, Unspecified), Geographical Distribution and Key Players Analysis - Forecast to 2022

The global industrial robotics market is expected to reach US$ XX Billion by 2022, growing at a double digit CAGR between 2017 and 2022. The demand for industrial robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety.

Global Virtual Reality Market (Hardware and Software) and Forecast to 2020

Virtual Reality (VR) is about to become mainstream and could surpass US$ 40 Billion market by 2020. Virtual reality involves the creation of a virtual world that interacts with consumers. This virtual world is designed in a way that it appears more realistic to the users, while they can’t differentiate between the real and virtual.

Global Smart Wearables Market and Forecast to 2021

The global market for smart wearables is projected to cross US$ 30 Billion by 2020. Initially, the adoption of these devices was confined to developed countries because of the high cost. However, with the decline in cost, vendors have shifted their focus to developing countries to increase their revenue and market base.

Global Robotics Market (Industrial and Service Robotics) and Volume Forecast to 2021

The demand for robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety.

Industrial Robotics Market and Volume by Application (Automotive Industry, Electrical/Electronics, Metal, Chemical, Rubber and Plastics, Food, Others, Unspecified), Geographical Distribution and Key Players Analysis - Global Forecast to 2021

The global industrial robotics market is expected to reach US$ XX Billion by 2021, growing at a CAGR of over 8% between 2016 and 2021. The demand for industrial robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety.

Service Robotics Market and Volume by Type (Professional Service Robots, Personal and Domestic Service Robots), by Application and Key Players Analysis - Global Forecast to 2021

The global service robotics market is expected to reach nearly US$ 13 Billion by 2021, driven by an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increasing research and development investments, growing awareness regarding the benefits of service robots, and increased demand for automation among professional and personal sectors.

Global Connected Cars Market (by Connectivity Form Factor, Connectivity Technology, Product Categories and Geography) and Volume Forecast to 2022

The global connected car market is anticipated to cross US$ 155 Billion mark by 2022. The factors such as growing awareness about road safety and security, rapid technological advances, need for constant connectivity, increased dependency on technology and the growing number of tech savvy people are likely to fuel growth of this market.

Global Semiconductor Market (By Component, Application, Sales, Consumption Country and Company) Analysis to 2020

The semiconductor industry has been growing virtually nonstop for the last four decades. With the increasing demand for electronics and requirements in new application areas, the semiconductor market is anticipated to grow at a CAGR of around 5% during the period 2015-2020.  

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