Modular Robotics Market Overview 2023-2032 – Trends, Analysis And Insights

Modular Robotics Global Market Report 2023

Market Size, Trends and Global Forecast 2023-2032

Modular Robotics Market Definition

Modular robotics refers to robots designed with parts that can be reconfigured to assume different shapes and functions. These robots have the capability of reconfiguring their shapes autonomously in many cases and adapting to new circumstances, performing new tasks, or recovering from damage beyond the conventional actuation, sensing, and control typically found in fixed-morphology robots.

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Modular Robotics Market Characteristics:

The global modular robotics market size is expected to grow from $7.01 billion in 2022 to $8.16 billion in 2023 at a compound annual growth rate (CAGR) of 16.5%. The modular robotics market size is expected to grow to $15.8 billion in 2027 at a CAGR of 15.8%.

Global Modular Robotics

Market Size Forecast To 2032

2022 2023 2027

Key Market Drivers And Trends

Drivers Trends

The increasing adoption of robots in the electronics and automotive industries is driving the modular robotics market going forward.

Advanced technology is a key trend gaining popularity in the modular robotics market.

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Segments

The report covers the modular robotics market’s segments-

SCARA Modular Robots, Articulated

Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, Other Robots

Chain-based, Lattice-based, Strut-based

AutoConfiguration, Manual Configuration

Automotive, Electronics and Electrical, Chemical, Food and Beverages, Pharmaceutical, and Other End Use Industries

By Product Type

By Hardware Design By Configuration

By End Use Industry

Major companies in the market include

Key Market Players

Mitsubishi Electric Corporation

Yaskawa Electric Corporation

Kawasaki Heavy Industries Limited

Universal Robots

DENSO Corporation

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