Irving, Texas (PRWEB) May 04, 2013
The global robotics industry experienced good growth during 2007-2012, but growth is expected to moderate over the next five years and reach an estimated $ 38 billion by 2018. Growth is expected to be driven by robotic usage in education with artificial intelligence, prospective huge demand for robots used in restoration work at disaster sites such as Fukushima, rescue robots, and growth in robotic toys.
Lucintel, a leading global management consulting and market research firm, has analyzed the industry and offers its findings in its comprehensive research report, Global Robotics Industry 2013-2018: Trend, Profit, and Forecast Analysis.
This report is geographically segmented in four regions: North America, Europe, Asia Pacific, and Rest of the World. Europe dominates the industry. Competition seems moderate because it is a highly capital-intensive industry.
Lucintel has identified that high prices, highly technological and complex features, human dependency, and ethical issues regarding complete automation are the major growth challenges. Industrial automation, demographic changes, product quality improvement, operational efficiency, execution of repetitive work, and ability to work in risky environments are the industry major drivers.
This market analysis reports is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information. This Lucintel study provides understanding of recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter’s Five Forces Analysis, product launches, and mergers & acquisitions that determine the regional and segmental opportunities, competitive landscape, and profitability trend and analysis of the major industry players. The key insights sections portray beneficial information on an industry segment’s growth and regional growth trends.
For a detailed table of contents and pricing information on this timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, M & A due diligence and cost efficiency.
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