Global Intelligent Process Automation Market Outlook and Projections, 2019-2027, Report and Datasheet
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Product Code:
RP-ID-10210545 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
43 -
Category:
ICT & Telecom -
Publisher:
Pub-ID-9
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Market Overview:
Increasing deployment of robots across key industries globally is projected to fuel the market growth over the coming years. This is attributed to high accuracy levels of the robot which in turn results in mass production and quality products. Further, industrial robots are increasingly used to perform extremely laborious and monotonous tasks on the assembly lines.
Automation helps in increasing the efficiency of the manufacturing process and reduces the time required for production lines. As a result, industrial robots are anticipated to generate higher profitability levels for the logistics industries.
The deployment of artificial intelligence technologies like machine learning, automation and computer vision in robots is estimated to augment the growth of the market. These advanced automated systems can understand the sensory inputs and detect the signboards. This, in turn, has resulted in minimizing the human efforts and raised efficiency.
Further, the growth of machine vision technologies along with automation in auto industries is anticipated to pave the way for automated robots during the forecast period. This, in turn, is anticipated to increase the flexibility of production which will further drive the market growth over the forthcoming years.
Additionally, rapid research and development in the field of automation and robotic technology has further impelled amplified growth in the market
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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