Increasing Requirement of Warehouse Automation and Advanced Technologies will be the Future Catalyst for Robotic Arms Market in Asia Pacific: Ken Research
GURUGRAM, India, July 28, 2022 /PRNewswire/ -- Increasing investments in research and development: Increased spending on R&D efficiencies in the technology involved in robotic arms will create attractive growth opportunities for the market. Further continuous product development and development of platforms for technology applications in R&D laboratories, striking a balance between short-term and long-term R&D programs is opening up new opportunities for robotic arms to increase their demand.
Increasing Requirement of Warehouse Automation: The demand for individuals emphasizing on fast and reliable delivery has become more so automating the warehouse management and investing in automated warehouses is booming the robotics market. Robots that support this type of logistics are on the rise as more and more people shop online.
Introduction of the advanced technologies: The advancement in technology has accelerated the growth of the robotic arms market. The technologies such as artificial intelligence and machine learning are highly demanded these days. The involvement of AI and ML in robotic arms has opened various opportunities which boosted the demand for robotic arms.
Analysts at Ken Research in their latest publication "Asia Pacific Robotic Arms Market Outlook and Forecast to 2027 – Driven by Rapid Industrial Automation, Advanced Technologies, and Increasing R&D Investment: Ken Research" believe that the Robotic arms market is expected to grow owing to the increasing need for supply chain and factory automation for all key applications among all major end user industries.
Key Segments Covered in Asia Pacific Robotic Arms Market
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Key Target Audience
Time Period Captured in the Report:
Major Robotic Arms Companies in Asia Pacific Mentioned in the Report:
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Notable Emerging Robotic Arms Companies in Asia Pacific Mentioned in the Report:
Key Topics Covered in the Report:-
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Rise in need for faster recovery, reduced pain and discomfort has led to growth of global robotic surgery market in the past few years. Owing to rising adoption of minimally invasive surgeries, the market for global robotic surgery grew at a healthy pace during 2011-2016. During the concerned period, market grew predominantly due to increase in sales of da Vinci systems across the world and surgical procedures performed by them. The number of installed da Vinci systems grew from ~ in 2012 to ~ in 2017 and the number of surgical procedures conducted inclined from ~ in 2012 to ~ in 2017. The market growth was also aided due to the commercial launch of several new systems in the US and/or Europe and other territories.
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