New Study: Global Smart Robots Market 2016-2020

Robotic vacuum cleaners emerged in the market in the late 1990s and early 2000s. However, the adoption of robotic vacuum cleaners remained low during the both the periods due to product inefficiencies like limited suction power and random movement pattern to clean floors. However, technological innovations, availability of new advanced products such as infrared sensors, and longer battery life, have gradually increased product efficiency and functionalities. With extensive R&D, several vendors are developing new and advanced robotic vacuum cleaners such as the Wi-Fi-enabled robots and others. Owing to high flexibility, the demand for robotic vacuum cleaners has increased significantly 2011 onwards.

Full Report Details at
- http://www.fastmr.com/prod/1197156_global_smart_robots_2016_2020.aspx?afid=301

Technavio's analysts forecast the global smart robots market to grow at a CAGR of 20.65% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart robots market for 2016-2020. To calculate the market size, the report considered the revenue generated the sale of smart mobile robots, collaborative robots, and personal service robots.

The market is divided into the following segments based on geography:

* Americas
* APAC
* EMEA

Technavio's report, Global Smart Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* iRobot
* LG Electronics
* Neato Robotics
* Samsung Electronics
* Anybots Inc.
* Hajime Research Institutes Ltd.
* Robosoft Services
* Savioke Inc.
* Boeing
* Israel Aerospace Industries
* Lockheed Martin
* Northrup Grumman
* ABB
* KUKA
* Rethink Robotics
* Universal Robots

Other prominent vendors

* AeroVironment
* Aldebaran
* Alphabet
* Atlas Elektronik
* Avatarmind
* Bae Systems
* Bluefin Robotic
* Bobsweep
* Boston Dynamics
* Dyson
* Ecovacs
* Fanuc
* Fluidra
* GeckoSystems
* General Dynamics
* Hanool Robotics
* Hayward
* Honda
* Infinuvo
* Kawada
* Kongsberg Maritime
* Matsutek Enterprises
* Maytronics
* Miele
* Moneual
* Omron
* OMRON Adept Technologies
* Parrot
* Pentair
* QinetiQ
* SAAB
* Sharp
* Softbank
* Teradyne
* Toshiba
* Yaskawa Motoman
* YUJIN ROBOT
* Zodiac International

Market driver

* Increase in human labor cost
* For a full, detailed list, view our report

Market challenge

* Performance limitation of robots due to battery issues

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