New Robotics and Drone Trends and Forecast
The future of the global new robotics and drone market looks promising with opportunities in the industry, commercial, and agriculture markets. The global new robotics and drone market is expected to grow with a CAGR of 13.2% from 2024 to 2030. The major drivers for this market are growing adoption of robotics & drones in manufacturing & logistics and increased demand for precision farming techniques.
• Lucintel forecasts that industrial robot is expected to witness the highest growth over the forecast period.
• Within this market, commercial is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Construction giants like Holcim US are investing in building materials with lower carbon footprints. They recently announced a new net-zero cement.
India: The Indian government aims to achieve $1 trillion in construction spending by 2024. This is driving demand for innovative materials like prefabricated elements. Local companies like JSW Cement are expanding production capacities to meet the growing demand for building materials.
China: Chinese steel companies are focusing on developing greener steel production processes to comply with stricter environmental regulations.
Germany: The German government is promoting sustainable construction practices. They offer subsidies for using recycled materials in construction projects.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
New Robotics and Drone by Segment
The study includes a forecast for the global new robotics and drone by type, application, and region.
New Robotics and Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Industrial Robots
• Collaborative Robots
• Surgical Robots
• New Robots
• Agricultural Robot
New Robotics and Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Industry
• Commercial
• Agriculture
• Others
New Robotics and Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of New Robotics and Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies new robotics and drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the new robotics and drone companies profiled in this report include-
• ABB
• Yaskawa Electric
• Denso
• Fanuc
• Kuka Robotics
• Kawasaki Robotics
• Toshiba
• Panasonic
• Staubli Mechatronics
• Nachi Robotic Systems
Recent Development in the New Robotics and Drone Market
United States: Companies like Boston Dynamics are focusing on AI integration for advanced robotics. Government initiatives include FAAÄX%$%Xs efforts to streamline drone regulations for commercial use.
China: DJI, a leading drone manufacturer, is expanding its agricultural drone solutions. Chinese government aims to boost robotics in manufacturing to achieve greater automation targets.
Germany: Companies like KUKA are investing in collaborative robots for industry 4.0 applications. The government is promoting robotics in healthcare, aiming for increased efficiency and patient care.
Japan: Companies such as Sony are investing in drone technology for entertainment and surveillance. The government is pushing for drone delivery services and robotics in disaster response.
Features of the Global New Robotics and Drone Market
Market Size Estimates: New robotics and drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: New robotics and drone market size by type, application, and region in terms of value ($B).
Regional Analysis: New robotics and drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the new robotics and drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the new robotics and drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for new robotics and drone market?
Answer: The global new robotics and drone market is expected to grow with a CAGR of 13.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the new robotics and drone market?
Answer: The major drivers for this market are growing adoption of robotics & drones in manufacturing & logistics and increased demand for precision farming techniques.
Q3. What are the major segments for new robotics and drone market?
Answer: The future of the new robotics and drone market looks promising with opportunities in the industry, commercial, and agriculture markets.
Q4. Who are the key new robotics and drone market companies?
Answer: Some of the key new robotics and drone companies are as follows:
• ABB
• Yaskawa Electric
• Denso
• Fanuc
• Kuka Robotics
• Kawasaki Robotics
• Toshiba
• Panasonic
• Staubli Mechatronics
• Nachi Robotic Systems
Q5. Which new robotics and drone market segment will be the largest in future?
Answer: Lucintel forecasts that industrial robot is expected to witness the highest growth over the forecast period.
Q6. In new robotics and drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the new robotics and drone market by type (industrial robots, collaborative robots, surgical robots, new robots, and agricultural robot), application (industry, commercial, agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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