Internet of Robotic Things Market
- Submitted by: aadolfst01
- Views: 56
- Category: Other
- Date Submitted: 09/27/2016 01:08 AM
- Pages: 3
- Report this Essay
Bharatbook.com announces a report on “Internet of Robotic Things Market by Component, Service, Platform, Software, Application - Global Forecast to 2022”. The domestic robot or assistant serves humans in their daily lives at home, at work, or in public environments. https://www.bharatbook.com/consumer-electronics-market-research-reports-785593/internet-robotic-things-component-service-software-application-global-forecast.html
Increasing adoption of service application robots driving the growth of the internet of robotic things market
The Internet of Robotic Things Market is expected to be valued at USD 21.44 Billion by 2022, growing at a CAGR of 29.7% between 2016 and 2022. The growth of this market is majorly driven by adoption of IoRT by e-commerce industry, increasing application areas owing to integration of robots with various technologies, short payback period and ROI.
The collaborative industrial robots to grow at the highest rate in IoRT market
The collaborative robots in industrial sector are used in manufacturing industries to speed up the production processes, increase productivity and efficiency, and minimize the costs involved in production in the long term. The smart robots are being adopted by the industrial sector to work along with the humans. Collaborative robots are used in the various industrial segments to help humans in the activities such as welding, painting, sorting, among others. It is expected that smart robots performing autonomous tasks would solve the problem of scarcity of labor among industries.
Market for IoRT domestic robots was the largest in 2015 in personal service robotic applications
The domestic robot or assistant serves humans in their daily lives at home, at work, or in public environments. The vision of the future would be to have robot butlers whose ultimate task would be to serve humans as companions in their daily lives and relieve humans of heavy, dirty, monotonous, and irksome tasks. The domestic...
Increasing adoption of service application robots driving the growth of the internet of robotic things market
The Internet of Robotic Things Market is expected to be valued at USD 21.44 Billion by 2022, growing at a CAGR of 29.7% between 2016 and 2022. The growth of this market is majorly driven by adoption of IoRT by e-commerce industry, increasing application areas owing to integration of robots with various technologies, short payback period and ROI.
The collaborative industrial robots to grow at the highest rate in IoRT market
The collaborative robots in industrial sector are used in manufacturing industries to speed up the production processes, increase productivity and efficiency, and minimize the costs involved in production in the long term. The smart robots are being adopted by the industrial sector to work along with the humans. Collaborative robots are used in the various industrial segments to help humans in the activities such as welding, painting, sorting, among others. It is expected that smart robots performing autonomous tasks would solve the problem of scarcity of labor among industries.
Market for IoRT domestic robots was the largest in 2015 in personal service robotic applications
The domestic robot or assistant serves humans in their daily lives at home, at work, or in public environments. The vision of the future would be to have robot butlers whose ultimate task would be to serve humans as companions in their daily lives and relieve humans of heavy, dirty, monotonous, and irksome tasks. The domestic...