Reception Robots are artificially developed programmable machines which are able to meet and greet visitors or clients. Further, it can inform visitors about the company latest news or products, it can display video, receive a payment and many others. Due to the robust increase in adoption of automation in all the industries the global reception robust will grow with significant CAGR in forecasted years.This growth is primarily driven by Upsurging Technological Advancements in Robotics Industry and Increasing Awareness towards Artificially Intelligent Robots.
Globally, a noticeable market trend is evident Adoption of Industrial Internet of Things (IIoT) Technology
. The Sensor Systems sector in the Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Engineered Arts Ltd. (United Kingdom), BlueBotics (Switzerland), We Robots GmbH (Austria), MetraLabs GmbH (Germany), Future Robot Co Ltd (Korea), PAL Robotics (Spain) and Wyca SAS (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
BlueBotics has announced that Forestay Capital Ltd., the Bertarelli closed-end tech fund, has acquired capital in the company to help fostering even more the already strong international growth of BlueBotics.
The United States and China stand apart when it comes to industrial automation and their respective regulations. In November 2015, the National Institute for Occupational Safety and Health (NIOSH) has released a blog worker safety while working with robots. NIOSH is the only government agency in the United States which is developing regulations for safer interactions between robots and humans.
- Upsurging Technological Advancements in Robotics Industry
- Increasing Awareness towards Artificially Intelligent Robots
- Adoption of Industrial Internet of Things (IIoT) Technology
- Growing Demand and Popularity of Collaborative Robots
- Higher Initial Investments
Increasing Disposable Incomes and Adoption of Artificial Intelligence and Big Data in Robotics Industry
Lack of Awareness about Automated Robots in Underdeveloped Regions and Lack of Functionalities may minimize ROI
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Reception Robots Study Sheds Light on
The Reception Robots Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Reception Robots industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Reception Robots industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.