The report focusses on a global industry analysis 2014–2018 and opportunity assessment 2019–2029. It finds the growth is currently majorly driven by the automotive industry. The market will have multiple driving factors for the predicted future growth, such as the growing need for vision-guided robots.
Asia Pacific excluding Japan currently holds a prominent share of the market. However, North America and Western Europe will experience high growth between 2019 and 2029.
The new report features robot types, robotic system type, application, software, offering, software by motion type, end-use and regions.
The end-use segment shows manufacturing industries will expand to hold the prominent market share, drive by the increase of robots for doing repetitive tasks like assembly, material handling and pick and place. The oil & gas refining segment will also feature prominently throughout the forecast period.