Report Feature
The future of semiconductors in the robotics market looks promising with opportunities in the industrial robots and personal robots market. The semiconductor for robotics market is expected to grow with a CAGR of 7% to 10% from 2022 to 2027. The major drivers for this market are increasing automation in various industries and growing digitization and increasing adoption of IoT, artificial intelligence (AI), Machine learning, and Industry 4.0.
Samsung Electronics, Intel, SK Hynix, Qualcomm, Broadcom, Micron, Texas Instrument, Microchip, STmicroelectronics, and NXP Semiconductors among the major semiconductor manufacturers for robotics.
A more than 150 page report has been developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched, and other details of semiconductor for robotics market report, download the report brochure.
The study includes trends and forecast for semiconductors in the robotics market by application, device, and region as follows:
By Application [$M shipment analysis for 2016 – 2027]:
- Industrial Robots
- Assembly Line
- Material Handling
- Welding Sealing and Dispensing
- Inspection and Testing
- Machine Tending
- Personal Robots
- Cleaning Robots
- Entertainment and Toy Robots
- Educational Robots
- Handicap Assistance Robots
- Companion Robots
- Personal Transportation Robots
- Security Robots
By Device [$M shipment analysis for 2016 – 2027]:
- Integrated Circuits
- Optoelectronics
- Sensors
- Discrete Components
By Region [$M shipment analysis for 2016 – 2027]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Lucintel forecasts that integrated circuit will remain the largest segment due to the increasing demand for memory and microcontroller in industrial automation.
Personal robots is expected to witness the highest growth due to increasing demand for cleaning, educational, and entertainment robots.
APAC will remain the largest region in the forecast period as it is the largest producer of industrial robots. Increasing automation in China, South Korea, India and South East Asian countries are driving the demand for semiconductors in this region.
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Features of Semiconductors in the Robotics Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the semiconductors in the robotics market by application {industrial robots (assembly line, material handling, welding sealing and dispensing, inspection & testing, and machine tending) and personal robots (cleaning robots, entertainment & toy robots, educational robots, handicap assistance robots, companion robots, personal transportation robots, and security robots)}, device (integrated circuits, optoelectronics, sensors, and discrete components), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of semiconductors in the robotics market? Q.5 What are the business risks and threats to semiconductors in the robotics market? Q.6 What are emerging trends in semiconductors for the robotics market and the reasons behind them? Q.7 What are some changing demands of customers of semiconductors in the robotics market? Q.8 What are the new developments in semiconductors for the robotics market? Which companies are leading these developments? Q.9 Who are the major players of semiconductors for the robotics market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes of semiconductors for the robotics market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the robotics market in terms of semiconductor consumption? |
Table of Contents
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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