Friday, March 24, 2017

21 research reports forecast double-digit growth for robotics

Posted on 01/09/17 by Frank Tobe

After reading all the press releases for this batch of 21 research reports, one can see that although they vary widely in their forecasts they almost all agree that the robotics market is expected to grow at a double digit pace through 2022.

Healthcare:

Global medical robotics market, December 2016, 156 pages, ReportsandReports, $2,200
Rising adoption of medical robots among the population along with the growing focus on positive outcomes of procedures has led to the growth of medical robot market. Market is forecasted to grow at a CAGR of 21.43% during 2016 - 2021.

Exoskeleton technology for future factories, September 2016, Frost & Sullivan, $4,950
Provides insight into the major industries where exoskeleton could be integrated within assembly line processes and further establishes the potential costs, benefits, net present value and ROIs associated with implementing the technologies that augment human capabilities.

China Medical Robotics Industry, November 2016, ReportLinker, $1,900
Chinese surgical robots have made progress with the support of national policies and subsidies. In July 2016, China's FDA (CFDA) received Beijing TINAVI's registration application for its third-generation "Tianji" orthopedic surgery robot, which is expected to be formally commercialized at the end of 2016 or in early 2017. In addition, Tianjin University has put its minimally invasive surgical robot system "Smart S" into clinical application and prototyped three models of "Smart S2" which are expected to be mass-produced early in 2017.

Healthcare Robotics, November 2016, 136 pages, Tractica, $4,200
Forecasts that healthcare robot shipments will increase from approximately 3,400 units annually in 2016 to more than 10,500 units per year by 2021.

Agriculture:

Agricultural Robots, December 2016, 225 pages, Tractica, $4,200
Forecasts that shipments of agricultural robots will increase from 32,000 units in 2016 to 594,000 units annually in 2024 and that the market is expected to reach $74.1 billion in annual revenue by 2024. Report, done in conjunction with The Robot Report, profiles over 165 companies involved in developing robotics for the industry.

Global agricultural robots market, September 2016, 273 pages, Grace Market Data, $3,200
The global agri-bots market is expected to reach $11.1 billion in 2020 and explode to $30.8 billion in 2025 as more and more farmbots will be used to increase productivity.

Global agricultural drones market, September 2016, 211 pages, Grace Market Data, $2,980
Grace Market Data predicts the global agricultural drones market to grow phenomenally at 37.1% per annum by unit shipment, and 28.9% yearly by annual sales revenue generated from agricultural UAV hardware, drone software and servicing section over the next decade.

Latest agritech,IoT in Ag, September 2016, 143 pages, Mind Commerce, $1,995
The report evaluates the overall marketplace and provides forecasts for sensors (and other devices), services, solutions, and data analytics globally, regionally, and by country for the period 2016 to 2021.

Global commercial UAS ag services market, September 2016, Frost & Sullivan, $1,500
Frost & Sullivan calls this a market poised for substantial growth after 3-5 more years of research and testing.

Unmanned air, land and sea systems:

Global commercial UAS inspection and monitoring services market, September 2016, Frost & Sullivan, $1,500
Frost & Sullivan calls this market poised for immediate growth due to accelerating technological advancements and favorable regulations.

Autonomous vehicles (land, water & air), October 2016, IDTechEx, $4,950
A significant part of the $0.7 trillion electric vehicle market will be fully autonomous vehicles.

Global and China fixed-route autonomous vehicles, September 2016, 25 pages, Research in China, $1,200
Scenic-spot vehicles and fixed-point/fixed-route autonomous vehicles are the autonomous vehicles that are mostly likely to be put into commercial application during the next few years.

Autonomous underwater vehicles, September 2016, 152 pages, Markets and Markets, $5,650
The AUV market is expected to grow from USD 211.8 million in 2016 to USD 497.9 million by 2022, at a CAGR of 15.31% to 2022.

Global UAV battery market, September 2016, 64 pages, TechNavio, $2,500
Forecast the global unmanned aerial vehicle (UAV) battery market to grow at a CAGR of 10.16% during the period 2016-2020.

Global UAV landing gear market, September 2016, 63 pages, TechNavio, $2,500
Technavio predicts the global unmanned aerial vehicle (UAV) landing gear market to grow at a CAGR of around 13% through 2020.

US DoD UAS payloads, September 2016, 50 pages, Frost & Sullivan, $1,500
DoD has been transitioning from acquiring new UAS to upgrading current platforms, sensors payloads, and overall capabilities. This report focuses on the technologies involved in this transition.

Global commercial mapping and surveying UAS services market, November 2016, Frost & Sullivan, $1,500
The global commercial unmanned aerial system (UAS) services market that includes aerial mapping and surveying should experience significant growth over the next decade. Potential growth will be limited more by regulations and the inability to convey and/or demonstrate the benefits of drone use than by the technological capabilities of enterprise drones.

Other miscellaneous robotics-related reports:

Global oil & gas robotics market, September 2016, 100 pages, Nineteen Columns Market Research, $5,500
A variety of service robots are forecast to gain significantly from the use of robotics in many use-cases, particularly the rising demand in the oil and gas sector in the next ten years.

Global logistics robots market, September 2016, 187 pages, Grace Market Data, $2,800
Global logistics robots market is expected to grow to around $11.18 billion in 2022, including sales of robotics hardware, software and service spending.

Internet of robotic things market, September 2016, 189 pages, Markets and Markets, $5,650
The Internet of Robotic Things market is expected to be $21.44 billion by 2022, growing at a CAGR of 29.7% between 2016 and 2022. The growth of this market is principally driven by adoption of IoRT in the e-commerce industry.

Packaging automation solution market, December 2016, Markets and Markets, $5,260
The packaging automation solution market was valued at USD 28.39 Billion in 2015 and is expected to reach USD 52.42 Billion by 2022, growing at a CAGR of 8.68% during the forecast period.

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About the author: Frank Tobe

Frank Tobe is the owner and publisher of The Robot Report and co-founder of ROBO Global which has developed a tracking index for the robotics industry, the ROBO Global™ Robotics & Automation Index. The index of 82 companies in 13 subsectors tracks and captures the entire economic value of this global opportunity in robotics, automation and enabling technologies.

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