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Among the application, the industrial robot is expected to hold a prominent share in the cloud-based smart robotics market during the forecast period owing to the adoption of smart factory systems. With the rapid increase in competition, consumer demands, and industrial automation, manufacturing units across the globe are pushed to adopt newer technological innovations and digital transformation solutions. Industry 4.0 is progressively transitioning factories from having legacy systems to smart components & smart machines to enabling digital factories which are contributing to the market growth. Furthermore, the market players are launching new smart factory solutions which in return drive the growth of the market. For instance, in November 2021, ABB launched ABB Ability Smart Melt Shop, the first smart factory digital application of its kind for the metals industry. It is designed to increase melt shop productivity, save energy and improve employee safety, with payback within six months. Moreover, based on advanced digital algorithms, the new solution is unique in that it offers not only powerful real-time ladle tracking but also automated crane scheduling and a predictive thermal modeling engine.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Cloud-Based Smart Robotics Market Report Segment
By Component
- Software
- Services
By Service Models
- IaaS
- PaaS
- RaaS
- SaaS
By Application
- Industrial Robot
- Service Robot
By End-Users
- Automotive
- Manufacturing
- Healthcare
- Healthcare
- Military & Defense
- Retail & E-Commerce
- Others
Global Cloud-Based Smart Robotics Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cloud-based smart robotics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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