The Global Programmable Robots Market is expected to exhibit a strong 15% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global programmable robots market is expected to reach a valuation of USD 4 Billion by 2023, according to the report.
The growth trajectory of the global programmable robots market is thus explained in full detail in the report, along with an analysis of the major trends having a notable impact on the market’s trajectory. Major trends observed in the global programmable robots market are analyzed and explained in detail in the report. The operations of major players operating in the global programmable robots market are also elaborated upon in the report in order to shed sufficient light on the global programmable robots market’s competitive dynamics. The report also contains a thorough analysis of the COVID-19 pandemic’s impact on the global programmable robots market.
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Leading players in the global programmable robots market include VEX Robotics, Rouge Robotics, Robobuilder Co. Ltd., Ozobot & Evolive Inc., SoftBank Robotics, Yujin Robot Co. Ltd., Toyota Motor Corporation, Sphero, Evolution Robotics, Fischertechnik GmbH, SuperDroid Robots Inc., Wowwee Group Ltd., Honda Motor Co. Ltd., Bossa Nova Robotics, RobotShop Inc., The LEGO Group, and iRobot Corporation.
The global programmable robots market is segmented on the basis of component, application, and region.
· By component, the market is segmented into hardware and software. Hardware is further sub-segmented into sensors, actuators, power source, PC interface, programmable platforms, and others.
· By application, the market is segmented into education and entertainment. Education is further sub-segmented into schools & universities and research institutes where as entertainment is further sub-segmented into media and gaming.
North America is likely to dominate the global programmable robots market over the forecast period due to the growing adoption of programmable robots and the strong presence of major market players in the region. Asia Pacific is also likely to remain an important regional market for programmable robots due to the strong development of the robotics sector in countries such as China, Japan, and South Korea.
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Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Programmable robots Market Segmentation
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