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Programmable Robots Market Analysis Trends and Future Prospects

Press release   •   Apr 09, 2019 09:25 IST

Programmable Robots Market

Programmable robots are the autonomous robots that are capable of performing a task on their own and have the capability to think. Programmable robots are of different types ranging from Arduino Wi-Fi robots to programmable tactical robots. Programmable Robots are used for various purposes such as entertainment and education among others. 

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The report also includes the profiles of key programmable robots companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

1. Abilix

2. Honda Motor Co., Ltd.

3. Robobuilder Co., Ltd.

4. Silverlit Toys Manufactory Ltd.

5. Softbank Robotics

6. Sphero

7. The Lego Group

8. Ubtech Robotics

9. Vex Robotics (Innovation First International, Inc.)

10. Wowwee Group Limited

The programmable robots market is anticipated to grow in the forecast period owing to driving factors such as extended battery life of electronic gadgets, use in ultraviolet LED are the primary factors expected to drive the growth of this market whereas high cost of these solutions might hinder the growth of programmable robots market. The market is likely to showcase opportunities for the growing semiconductor and electronics industry.

The global programmable robots market is segmented on the basis of type and application. Based on component, the market is segmented as hardware and software. On the basis of application the market is divided into entertainment, research & education, others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global programmable robots market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The programmable robots market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting programmable robots market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the programmable robots market in these regions.

The reports cover key developments in the programmable robots market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from programmable robots market are anticipated to lucrative growth opportunities in the future with the rising demand for programmable robots in the global market. Below mentioned is the list of few companies engaged in the programmable robots market. 

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