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Global Market for Smart Machines Expected to Reach $15.3 Billion in 2019

Global Market for Smart Machines Expected to Reach $15.3 Billion in 2019

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Published by BCC Research
The global market for smart machines is expected to grow to $15.3 billion by 2019, with a five-year compound annual growth rate (CAGR) of 19.7%. The autonomous robot category, one of the fastest performing segment in the overall market, is projected to move at a significant CAGR of 22.8%.
The global market for smart machines is expected to grow to $15.3 billion by 2019, with a five-year compound annual growth rate (CAGR) of 19.7%. The autonomous robot category, one of the fastest performing segment in the overall market, is projected to move at a significant CAGR of 22.8%.

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Categories:Types, Brochures
Published by: BCC Research on May 28, 2014
Copyright:Traditional Copyright: All rights reserved

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05/28/2014

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Global Market for Smart Machines Expected to Reach $15.3 Billion in 21!" #tonomos Robots Mo%in& at 22.'( )#GR 
Wellesley, Mass., May 27, 2014 – BCC Research (www.bccresearch.com) reveals in is new re!or, "M#R$ M#C%&'" $C%'*+*&" #'- +*B#+ M#R$", he /lobal mare or smar machines is e!ece3 o /row o 15.6 billion by 201, wih a ive8year com!o9n3 ann9al /rowh rae (C#R) o 1.7:. $he a9onomo9s robo cae/ory, one o he ases !erormin/ se/men in he overall mare, is !ro;ece3 o move a a si/niican C#R o 22.<:.$he /lobal mare or smar machines com!rises ive se/mens, incl93in/ e!er sysems, ne9rocom!9ers, a9onomo9s robos, smar embe33e3 sysems, an3 inelli/en assisans. !er sysems (e./., me3ical 3ecision s9!!or sysems, smar /ri3) ma3e 9! he lar/es share o he mare in 2016, ollowe3 by a9onomo9s robos. %owever, by 2024 a9onomo9s robos (robos ha can !erorm wih a hi/h 3e/ree o a9onomy an3 mae com!le ;93/mens) are e!ece3 o o9sri! e!er sysems an3 3ominae he mare alo/eher.!er sysems, c9rrenly he lar/es se/men o he overall mare, is e!ece3 o reach 7 billion by 201, re/iserin/ a 15: C#R. By 2024, his se/men is !ro;ece3 o /row o 12.4 billion.%owever, he a9onomo9s robos se/men (incl93in/ sel83rivin/ vehicles or s!ace e!loraion), which was val9e3 a ;9s 1.1 billion in 2016, is se o ;9m! o nearly 6.= billion in 201 an3 16. billion in 2024.>$hese a3vance3 robos have /reaer mobiliy, 3eeriy, leibiliy, an3 a3a!abiliy han heir  !re3ecessors,? says BCC Research insr9menaion an3 sensors analys #n3rew McWilliams. >$hey combine ariicial inelli/ence wih a3vance3 sensors an3 ac9aors, an3 are consr9ce3 rom im!rove3 maerials. $hese echnolo/ical a3vances, co9!le3 wih 3eclinin/ coss, are main/ new 9ses !ossible, ran/in/ rom s!ace e!loraion o miliary o!eraions, rom in39sry o mowin/ lawns.?
SM#R* M#)+,-ES *E)+-/0/G,ES #- G0/B#0 M#RE*S
 !rovi3es an overview o he /lobal mare or smar machines, incl93in/ e!er sysems, ne9rocom!9ers, a9onomo9s robos, smar embe33e3 sysems, an3 inelli/en assisans. & incl93es analyses o /lobal mare ren3s, wih 3aa rom 2016, esimaes or 2014 an3 201, an3 !ro;ecions o C#Rs hro9/h 2024. 3iors an3 re!orers who wish o s!ea wih he analys, sho9l3 conac "even C9mmin/ a seven.c9mmin/@bccresearch.com.
#bot B)) Research
BCC Research !9blishes mare research re!ors ha mae or/aniAaions worl3wi3e more !roiable wih inelli/ence ha 3rives smar b9siness 3ecisions. $hese re!ors cover o3ays ma;or in39srial an3 echnolo/y secors, incl93in/ emer/in/ mares. or more han 40 years weve hel!e3 c9somers i3eniy new mare o!!or9niies wih acc9rae an3 reliable 3aa an3 insi/h, incl93in/ mare siAin/, orecasin/, in39sry overviews, an3 i3eniicaion o si/niican ren3s an3 ey com!eiors. We !arner wih analyss who are e!ers in s!eciic areas o in39sry an3 echnolo/y, !rovi3in/ 9nbiase3 meas9remens an3 assessmens o /lobal mares. *9r cliens incl93e he o! com!anies in in39sries aro9n3 he worl3 as well as 9niversiies, b9siness schools, sar89!s, cons9lin/ irms an3 invesmen com!anies. BCC

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