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ASEAN and Japan Smart Robot in Smart Robot in Smart Cities Market Insights into Demand, Supply, and Import/Export Trends up to 2032

ASEAN and Japan Smart Robot in Smart Robot in Smart Cities Market Insights into Demand, Supply, and Import/Export Trends up to 2032

The recent “ASEAN and Japan Smart Robot in Smart Robot in Smart Cities Market” report by Report Ocean gathers insights and assessments through genuine consultations with key stakeholders, including CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors. This comprehensive study aims to thoroughly examine the global industry, target market, competition, and various influencing factors. Ask for Free Sample Report

The report on the “ASEAN and Japan Smart Robot in Smart Robot in Smart Cities Market” conducts a data-driven quantitative analysis of the relevant industry. It utilizes research based on public records to identify significant patterns. Additionally, it provides predictions for the market sector’s growth between 2024 and 2032. The research primarily focuses on major global market manufacturers, analyzing sales volume, rates, competitive aspects, market share, and development strategies up to 2032.

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Global ASEAN and Japan Smart Robot in Smart Robot in Smart Cities Market Analysis and Growth Forecast:

The ASEAN & Japan Smart Robot in Smart Robot in Smart Cities market was valued at USD 375.5 Million in 2021 and is projected to reach USD 1,982.5 Million by the year 2027. The market is expected to register a CAGR of 32% during the forecast period.

Smart Cities is the application of processes, technologies, and controls to protect networks, systems, devices, data, and programs from potential cyber-attacks. Smart robots are devices that use artificial intelligence and 3D perception for assisting humans in the smart cities.

he market is majorly driven by the increased use of drones & sensors, higher government participation under smart city projects, and growing robot demand in Asia pacific region. Furthermore, the switch to industry 4.0 is increasing the demand of robot coupled with the changing socio demographic trends supporting smart robot applications, are also expected to contribute to the market growth.

Despite the driving factors, the increasing infrastructural requirement restrict use of technologies like robots. Also, cyber threat and risk of robot malfunctioning is also estimated to negatively impact the market growth.

Growth Influencers:

Increasing number of government initiatives and PPP models for Smart Robot in Smart Cities

With the increasing number of data breaches, the demand for Smart Robot in Smart Cities solutions is also rising. For instance, in July 2021, Mishima City signed an agreement with Oracle Japan for various smart city initiatives. These initiatives are expected to benefit local businesses and citizens by solving various key social issues using digital technology. For instance, Japan has been experiencing a need for new reforms for solving many regional issues and a need to boost the appeal to potential immigrants tourists. To address this issue, the country launched the Mishima Smart City Promotion Council in 2020 for promoting the use of data held by private organizations and local government.

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Segments Overview:

The ASEAN & Japan Smart Robot in Smart Robot in Smart Cities market is segmented into robot type, component, mobility, application, and city topography.

By Robot Type,
Drones
AGVs
Service Robots
Other Robotics/Autonomous Systems

The service robots segment is expected to witness the fastest growth rate of around 37.1% over the projected period owing to their high demand for development of smart cities. The drones segment is estimated to surpass a market size of USD 500 million by 2025 owing to various technological advancements.

By Component,
Hardware
o Actuators & Controllers
o Camera
o Sensors
o Infrared Detectors
o Speakers & Microphones
o Power Systems
o Others
Cloud (IoT) Platform & Robotic Operating System
o Public Cloud
o Private Cloud
Services

The hardware segment is expected to account for the largest market share of more than 70% in 2021 owing to the rising demand for camera and sensors, among other devices. The cloud (IoT) platform and robotic operating system segment is anticipated to hold an opportunity of around USD 300 Million during 2021 to 2027 owing to the growing adoption of cloud-based technologies. The services segment is estimated to surpass a market value of USD 200 million by 2027.

By Mobility,
Fixed/Stationary
Mobile

The mobile segment is anticipated to witness the fastest growth rate of around 33.7% over the projected period owing to the growing investments by market players to launch mobile smart robots.

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By Application,
Administration (Smart Governance)
Buildings
Commercial (Enterprise)
Construction
Education
Energy
Environment
Health
Homes & Living
Logistics
Manufacturing
Mobility (Transportation)
Retail
Safety & Security
Tourism & Leisure
Utilities (Public services)
Waste
Water

The manufacturing segment accounted for the largest market share of more than 15% owing to the increasing demand of smart robots in smart factories. The mobility (transportation) segment is anticipated to grow at the highest CAGR of about 42.9% over the projected period owing to the rising demand for mobility, flexibility, and convenience in smart cities. The administration (smart governance) segment is estimated to surpass a market size of USD 100 million by 2026 owing to various government initiatives in the segment.

By City Topography,
Developed

  • New
  • Existing

Emerging

  • New
  • Existing

The developed segment is anticipated to witness the fastest growth rate of around 33.2% over the projected period owing to the increasing awareness regarding benefits of smart cities in developed locations. The emerging segment is estimated to surpass a market value of USD 500 million by 2026 owing to the growing penetration of smart robots in emerging markets.

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Regional Overview

On regional basis, the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities market is segmented into Japan and ASEAN.

The Japan region accounted for the largest market share of more than 65% in 2021. This is due to the prominent presence of prominent market players in the country. ASEAN is divided into Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, and Rest of ASEAN. Singapore holds the largest growth rate of 38.1% among all the ASEAN countries. This is owing to the growing government initiatives.

Competitive Landscape

Key players operating in the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities market include ABB Ltd., Adept technology Inc., Aethon Inc., Amazon robot, Apex Automation Inc., Aurotek Corp., Boston Dynamics Inc, Fanuc Corporation, Hanson robot Ltd., Intuitive Surgical Inc., iRobot Corporation, Kawasaki Heavy Industries, Kongsberg Maritime, Kuka AG (Midea Group), Mitsubishi Robotics, OTC Daihen Inc., Panasonic Industry Europe GmbH, Rockwell Automation Inc., Samsung, Smart robot Holding B.V, Softbank Group Corp., Staubli, Thales Group, and Yaskawa Electric Corporation, among others.

The cumulative market share of the four major players is near about 65%. These market players are engaged in partnerships, new product launches, mergers & acquisitions to strengthen their market presence. For instance, in October 2021, ABB acquired ASTI Mobile Robotics Group to drive next generation of flexible automation with Autonomous Mobile Robots. The acquisition was worth USD 190 million and enhanced ABB product portfolio.

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The ASEAN & Japan Smart Robot in Smart Robot in Smart Cities market report provides insights on the below pointers:

Market Penetration: Provides comprehensive information on the market offered by the prominent players

Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets

Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments

Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.

Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

ASEAN and Japan Smart City Project Investment Outlook: List of Major Projects; Cost of Component Analysis-IT/Smart Infrastructure Cost Element

Smart Cities Overview: Smart Technologies Adoption Trend in Smart Cities, By Application

Analysis of Smart Robotics, By Technology: Machine Learning, Artificial Intelligence, Natural Language Processing (NLP), Machine Vision Technology

The ASEAN & Japan Smart Robot in Smart Robot in Smart Cities market report answers questions such as:

  • What is the market size and forecast of the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities Market?
  • What are the inhibiting factors and impact of COVID-19 on the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities Market during the assessment period?
  • Which are the products/segments/applications/areas to invest in over the assessment period in the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities Market?
  • What is the competitive strategic window for opportunities in the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities Market?
  • What are the technology trends and regulatory frameworks in the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities Market?
  • What is the market share of the leading players in the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities Market?
  • What modes and strategic moves are considered favorable for entering the ASEAN & Japan Smart Robot in Smart Robot in Smart Cities Market?

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Report Components

Market Synopsis: This section encapsulates the present market scenario and outlines the industry’s scope. It includes a comprehensive analysis of key segments such as product types, applications, and regions, with revenue and sales forecasts provided as part of this overview.

Competitive Landscape: Illuminating the market’s competitive terrain, this section presents an in-depth analysis of manufacturers, offering insights into individual players’ revenue and sales figures. Additionally, it encompasses noteworthy details on mergers, acquisitions, and industry investments.

Regional Analysis: Providing an overview of market revenue, sales, and shares across major regions and sub-regions, this segment also explores the pricing structure, sales growth rate, and other crucial estimations.

Company Profiles: This section provides strategic business insights about key firms operating within the market landscape. It covers product specifications, revenue shares, and portfolios of these major companies.

The Analysis Objectives of the Report are:

To determine the size of the Market by identifying its sub-segments.

To research the key players and analyze their growth strategies.

To assess the size and value of the Market based on key regions.

To analyze the Market in terms of growth trends, potential, and participation in the overall sector.

To investigate the Market size (volume and value) from the company, key regions/countries, goods and applications, and background data.

Primary Market manufacturers to specify, clarify, and analyze the product sales volume, value, market share, market rivalry landscape, SWOT analysis, and future development plans.

To investigate market competitive developments such as market expansions, agreements, new product launches, and acquisitions.

What is new in 2024?

– Major developments that can change the business landscape as well as market forecasts.

– Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.

– Coverage of new market players and change in the market share of existing players of the market.

– Updated financial information and product portfolios of players operating in the market.

– Updated market developments of the profiled players.

– Any new data points/analysis (frameworks) which was not present in the previous version of the report

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