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The Asia Pacific Robotics Technology Market to grow at a CAGR of 16.9 % CAGR during 2016 - 2022.
The Industrial market dominated the Asia Pacific Robotics Technology Market in 2015 and would continue till 2022, growing at a CAGR of 13.8 % during the forecast period. The Service market is expected to reach a market size of $4,729.8 Million by 2022. The Mobile market would witness the high growth rate of 21.4 % during 2016-2022.
The China market dominated the Asia Pacific Industrial Robotics Technology Market in 2015 and would grow at a CAGR of 9.9 % during the forecast period. The Japan market is expected to outpace China market thereby reaching a market size of $3,206.1 Million by 2022. The India market would witness the high growth rate of 15.8 % during 2016-2022.
The report highlights the adoption of Robotics Technology in Asia Pacific. Based on the type, the Robotics Technology market is segmented into Industrial Robotics, Service Robotics, Mobile Robotics and Others Robotics. Based on the Application, the market is segmented across Healthcare Robotics, Defense and security Robotics, Aerospace Robotics, Automotive Robotics, Electronics Robotics, Domestic Robotics. The geographies included in the report are China, Japan, India, South Korea, Australia, Malaysia and Rest of Asia Pacific.
Major players profiled in the report include ABB Group, Adept technology, Yaskawa Electric Corporation, Fanuc Corporation, iRobot Corporation, KUKA AG, Intuitive Surgical Inc., Honda Motor Co., Ltd, Yamaha Corporation and Kawasaki Heavy Industries.
The market is segmented based on Device type, Solution, Service, Vertical and country.