Market Research Study Projects Development of Advanced Sensors to Revolutionize the Robotics Industry

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Technavio market research analysts foresee positive growth for many segments of the robotics industry in the next five years. In their recent research, Technavio talks about three growing markets under the robotics industry that are predicted to generate significant revenues and grow at a consistent rate during the forecast period.

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Global Pharmacy Prescription Dispensing Robots Market 2017-2021

The promotion of e-prescriptions will boost the demand in the global pharmacy prescription dispensing robots market during the forecast period. The extensive use of e-prescriptions reduces the risk of medication errors and provide information to prescribers on patient benefits coverage. The new process improves patient care systems and reduces reimbursement claim rejections and duplicated work, helping physicians, pharmacists, and other healthcare providers. The use of advanced systems like e-prescription promotes the integration of prescription and other clinical information and aids in the evolution of the healthcare industry. Request a sample report.

Global Consumer Drones Market 2017-2021

The development of advanced sensors will have a positive impact on the global consumer drones market and will help the market generate revenues of more than USD 1 billion in 2016 and reach almost USD 3 billion by 2020. The vendors in the market are introducing drones that are equipped with GPS, inertial, image, and ultrasound-based range sensors to increase their consumers base and profitability. The introduction of drones equipped with thermal, hyperspectral, and multispectral sensors will help improve the functionalities and features of these devices and boost the demand for this equipment in the global market. Moreover, the miniaturization of sensors will lead to reducing the cost of production and increasing adoption of consumer drones.

The application segment of the global market is divided into hobbyist and gaming drones and aerial photography drones by the market research analysts at Technavio. In 2016, aerial photography segment dominated the market and accounted for almost 63% of the total market share. The advancement in flight control software and autonomous flying technology led to the growth of this market segment. Request a sample report.

Global Industrial Robotics Services Market 2017-2021

The emergence of virtual commissioning will help the growth of the global industrial robotics services market. The global market generated revenues of around USD 8 billion in 2015 and is expected to reach close to USD 13 billion by 2020. The use of virtual commissioning improves on-site inspection and helps reduction of time and costs by almost 50% to 60%. The use of this solution supports the entire lifecycle of industrial robots. These products are used by system integrators, proposal engineers, and sales personnel to showcase industrial robots to potential customers. Furthermore, these systems are designed to aid commissioning and service engineers in a wide range of tasks related to programming and commissioning.

The key vendors in the market are improving their services by focusing on customization and increasing adoption of advanced software systems. Recently, leading vendors ABB and Microsoft announced a strategic partnership to help industrial customers create new value with digital solutions and it is expected to give a competitive advantage in customer service to these companies. Request a sample report.

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