Modular Robotics Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0207751
  • Format: Electronic (PDF)
  • Number of Pages: 213
  • Author(s): Joshi, Madhavi

Report Overview

The Modular Robotics Market size was estimated at USD 1.2 billion in 2023 and is projected to reach USD 2.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 13.50% during the forecast period (2024-2030).

Modular Robotics Market

(Market Size)
$1.2 billion
$2.8 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 13.50%
2023 Market Size USD 1.2 billion
2030 Market Size USD 2.8 billion
Key Players ABB, FANUC, Yaskawa Electric, KUKA, Universal Robots

Market Summary

The modular robotics market is an innovative segment within the robotics industry, characterized by robots composed of multiple interchangeable modules that can be reconfigured for various tasks. This market is gaining significant traction in the manufacturing and construction sectors due to its flexibility, scalability, and cost-efficiency. Modular robots are designed to perform repetitive, precise, and often hazardous tasks, enhancing operational efficiency and safety. Key applications include assembly lines, material handling, welding, and automated construction processes. The ability to quickly adapt to changing production needs without extensive reprogramming or hardware changes is a major advantage. Companies are increasingly adopting these systems to maintain competitiveness, improve productivity, and reduce downtime. The market is driven by advancements in robotics technology, including improved sensors, actuators, and control systems. North America, Europe, and Asia-Pacific are prominent regions, with numerous players offering diverse solutions. The integration of artificial intelligence and machine learning further enhances the capabilities of modular robotics, enabling more autonomous and intelligent operations. This market represents a transformative approach to industrial automation, promising long-term benefits for businesses investing in adaptable robotic solutions.

Key Highlights

The modular robotics market offers several key highlights that distinguish it from traditional robotics. One significant aspect is the reconfigurability of modules, allowing robots to be customized for specific tasks in manufacturing and construction, such as precision assembly or heavy lifting. This adaptability reduces the need for multiple specialized robots, leading to cost savings. Another highlight is the ease of maintenance and repair; individual modules can be replaced or upgraded without discarding the entire system, enhancing sustainability and reducing downtime. The market is also noted for its scalability, enabling businesses to start with a basic setup and expand as needed. Collaboration is a growing trend, with modular robots designed to work alongside human operators safely, leveraging advanced sensors and software. Companies like ABB, KUKA, and Yaskawa Electric are leading innovation in this space, developing solutions that integrate with existing industrial systems. Additionally, the rise of Industry 4.0 and smart factories is accelerating adoption, as modular robotics supports interconnected, data-driven environments. These highlights underscore the market's potential to revolutionize industrial operations by providing versatile, efficient, and future-proof automation solutions.

Drivers, Opportunities & Restraints

Several drivers are propelling the growth of the modular robotics market in manufacturing and construction. The primary driver is the increasing demand for automation to enhance productivity, reduce labor costs, and improve workplace safety. Technological advancements in robotics, such as better AI integration and sensor technology, are making modular systems more capable and accessible. The trend toward flexible manufacturing, where production lines must quickly adapt to changing product designs or volumes, also fuels adoption. Opportunities abound in emerging applications, such as 3D printing in construction and customized manufacturing processes, where modular robots offer unmatched versatility. The expansion of SMEs into automation presents a significant growth avenue, as modular systems provide an affordable entry point compared to traditional robotics. However, restraints include high initial investment costs for advanced systems, which can be a barrier for smaller businesses. Technical challenges related to the integration of modules from different vendors and the complexity of software programming may also hinder adoption. Additionally, concerns about job displacement and the need for skilled personnel to operate and maintain these systems pose challenges. Despite these restraints, the market's potential for innovation and efficiency gains continues to attract investment and development.

Concentration Insights

The modular robotics market exhibits a concentrated competitive landscape with a mix of established industrial robotics companies and innovative startups. Major players such as ABB Ltd., KUKA AG, and FANUC Corporation dominate due to their extensive experience, broad product portfolios, and global reach. These companies leverage their expertise in traditional robotics to develop modular solutions that integrate seamlessly with existing automation infrastructure. North America and Europe are hubs for innovation, with numerous firms focusing on R&D to enhance modular capabilities. Asia-Pacific, particularly Japan and China, is also a key region, driven by strong manufacturing sectors and government support for automation. The market concentration is further influenced by strategic partnerships and acquisitions, as companies seek to expand their technological capabilities and market presence. For instance, collaborations between robotics firms and software developers are common to improve AI and machine learning integration. Despite the dominance of large corporations, niche players and startups contribute to innovation, especially in applications like construction robotics and collaborative modules. This concentration suggests a dynamic market where technological advancement and customer-specific solutions are critical for maintaining competitiveness.

Type Insights

Modular robotics in the manufacturing and construction industries can be categorized into several types based on their design and functionality. Articulated modular robots are prevalent, featuring rotary joints that allow for a wide range of motions, ideal for tasks like welding and assembly in manufacturing. SCARA (Selective Compliance Articulated Robot Arm) robots are another type, offering high speed and precision for pick-and-place operations and electronic assembly. Cartesian modular robots, with linear movements, are commonly used in 3D printing and material handling applications in construction. Collaborative modular robots, or cobots, are gaining popularity due to their ability to work safely alongside humans, enhancing flexibility in production environments. Additionally, mobile modular robots equipped with wheels or tracks are used for transportation and logistics within factories and construction sites. Each type offers distinct advantages; for example, articulated robots provide versatility, while Cartesian robots excel in precision tasks. The choice of type depends on specific application requirements, such as payload capacity, workspace, and environmental conditions. Innovations continue to emerge, with companies developing hybrid systems that combine multiple types for enhanced performance. This diversity in types ensures that businesses can find tailored solutions to meet their automation needs effectively.

Application Insights

In the manufacturing industry, modular robotics applications are extensive and transformative. They are widely used in assembly lines, where modules can be reconfigured for different products, reducing changeover time and increasing efficiency. Material handling is another critical application, with robots automating the movement of goods, palletizing, and packaging tasks. Welding and painting benefit from the precision and consistency of modular robots, enhancing quality and safety by minimizing human exposure to hazardous conditions. In construction, modular robotics is applied to tasks such as bricklaying, concrete pouring, and demolition, where robots can improve speed and accuracy while reducing physical strain on workers. Prefabrication of building components in controlled environments is also emerging as a key application, leveraging robotics for precise manufacturing. Additionally, inspection and maintenance activities in both sectors are being automated using modular robots equipped with sensors and cameras. The adaptability of these systems allows for customization to unique project requirements, making them valuable across various sub-segments. As technology advances, applications are expanding to include more complex tasks, driven by integration with IoT and AI, further solidifying the role of modular robotics in modern industrial operations.

Regional Insights

The modular robotics market demonstrates distinct regional dynamics influenced by industrial development, technological adoption, and regulatory support. North America is a leading region, driven by strong demand from the automotive and aerospace sectors in the United States and Canada. The presence of major robotics companies and high investment in R&D contribute to innovation and market growth. Europe follows closely, with countries like Germany, France, and the United Kingdom emphasizing Industry 4.0 initiatives, promoting automation in manufacturing and construction. The region's focus on sustainability and efficiency further boosts adoption. Asia-Pacific represents the fastest-growing market, led by China, Japan, and South Korea, where government policies support industrial automation to maintain competitive manufacturing capabilities. Japan's expertise in robotics technology and China's expansive manufacturing base are key factors. Other regions, such as Latin America and the Middle East, are gradually adopting modular robotics, driven by industrialization and infrastructure development projects. Each region faces unique challenges, such as varying levels of technological infrastructure and workforce skills, but overall, the global trend toward automation ensures continued growth and opportunities across all geographies.

Company Insights

The modular robotics market features several prominent companies that are shaping the industry through innovation and strategic initiatives. ABB Ltd. is a key player, offering modular robotic solutions like the IRB 1100 for small parts assembly, known for its flexibility and ease of integration. KUKA AG provides modular systems such as the LBR iisy cobot, designed for collaborative applications in manufacturing. Yaskawa Electric Corporation is another major contributor, with robots like the MOTOMAN series that emphasize modularity for diverse tasks. Universal Robots specializes in collaborative modular robots, popular among SMEs for their user-friendly design and affordability. Additionally, companies like FANUC Corporation and Kawasaki Heavy Industries Ltd. offer robust modular solutions for heavy-duty applications in construction and manufacturing. Innovative startups, such as Mecademic and ROEQ, focus on niche markets, providing specialized modules and accessories. These companies compete on factors like technological advancement, product reliability, and customer support. Strategic partnerships, such as collaborations with software firms for AI integration, are common to enhance product offerings. The competitive landscape is dynamic, with continuous investments in R&D to develop more adaptive, efficient, and cost-effective modular robotics solutions for global markets.

Recent Developments

Recent developments in the modular robotics market highlight rapid technological advancements and increasing adoption across manufacturing and construction. Companies are focusing on enhancing AI and machine learning capabilities to enable robots to learn from data and adapt autonomously to new tasks. For instance, ABB has introduced innovations in its modular robots for improved precision and energy efficiency. Collaborative robots continue to evolve, with new safety features and easier programming interfaces, making them more accessible to non-experts. In construction, developments include robots for automated bricklaying and 3D printing of structures, aimed at addressing labor shortages and improving project timelines. Partnerships between robotics firms and construction companies are becoming more common to tailor solutions to specific industry needs. Additionally, there is a growing emphasis on sustainability, with modular designs that allow for recycling and upgrading of components, reducing electronic waste. The integration of IoT connectivity enables real-time monitoring and predictive maintenance, minimizing downtime. These developments reflect a trend toward more intelligent, connected, and versatile modular robotics systems, poised to transform industrial operations by offering greater flexibility, efficiency, and scalability in response to evolving market demands.

Report Segmentation

This report on the modular robotics market is segmented to provide a comprehensive analysis tailored to the manufacturing and construction industries. The segmentation includes by type, covering articulated robots, SCARA robots, Cartesian robots, collaborative robots, and mobile robots, each analyzed for their specific features and applications. By application, the report delves into areas such as assembly, material handling, welding, painting, construction tasks like bricklaying and demolition, and inspection activities. The segmentation also considers end-use industries, highlighting automotive, electronics, aerospace, and construction sectors, detailing how modular robotics is utilized in each. Geographically, the report is divided into regions including North America, Europe, Asia-Pacific, and rest of the world, offering insights into regional trends, adoption rates, and key players. Additionally, the segmentation includes components such as hardware (modules, sensors, actuators) and software (control systems, AI integration), providing a thorough understanding of the technological landscape. This structured approach ensures that readers gain detailed, relevant insights into specific aspects of the market, enabling informed decision-making for investment, strategy development, and operational implementation in modular robotics.

FAQs

What are modular robotics? Modular robotics refers to robotic systems composed of interchangeable modules that can be reconfigured or combined to perform various tasks, offering flexibility and adaptability in industrial applications like manufacturing and construction.

How do modular robots differ from traditional robots? Unlike traditional robots designed for specific tasks, modular robots can be easily reassembled or reprogrammed for different functions, reducing costs and increasing versatility without requiring entirely new systems.

What industries use modular robotics? Modular robotics is primarily used in manufacturing for tasks such as assembly and material handling, and in construction for applications like bricklaying and demolition, due to their adaptability and efficiency.

What are the benefits of modular robotics? Key benefits include cost savings through reusability of modules, enhanced flexibility to adapt to changing production needs, improved scalability, and reduced downtime due to easier maintenance and repairs.

Are modular robots safe to work alongside humans? Yes, many modular robots, especially collaborative types (cobots), are designed with advanced sensors and safety features to operate safely alongside human workers, enhancing productivity in shared environments.

What is the future of modular robotics? The future involves greater integration with artificial intelligence and IoT, enabling more autonomous operations, predictive maintenance, and expanded applications in smart factories and automated construction sites.

Citius Research has developed a research report titled “Modular Robotics Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Modular Robotics Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Modular Robotics Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Modular Robotics Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Modular Robotics Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Modular Robotics Market
• Research Methodology
• Executive Summary
• Market Dynamics of Modular Robotics Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Modular Robotics Market
• Cost and Gross Margin Analysis of Modular Robotics Market
• Modular Robotics Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Modular Robotics Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Modular Robotics Market Key Stakeholders

Below are the key stakeholders for the Modular Robotics Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Modular Robotics Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Modular Robotics Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Modular Robotics Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Modular Robotics Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Modular Robotics Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Modular Robotics Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Modular Robotics Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Modular Robotics Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Modular Robotics Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Modular Robotics Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Modular Robotics Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Modular Robotics Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Modular Robotics Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Modular Robotics Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Modular Robotics Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Modular Robotics Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Modular Robotics Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports