Press release content from BusinessWire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from BusinessWire
Press release content from BusinessWire. The AP news staff was not involved in its creation.

Global Robotics Market in Mining Industry 2018-2022 - Market to Grow at a CAGR of 27.01% - ResearchAndMarkets.com

June 13, 2018 GMT

DUBLIN--(BUSINESS WIRE)--Jun 13, 2018--The “Global Robotics Market in Mining Industry 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The Global robotics market in mining industry to grow at a CAGR of 27.01% during the period 2018-2022.

Global robotics market in mining industry 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

To calculate the market size, the report considers the revenue generated from the new sales of hardware, software, and services. Robotics in mining includes robotics systems such as autonomous trucks, autonomous haulage systems, mobile robot platforms, industrial robots, robotic loaders, and drilling systems, used in the mining industry.

According to the report, the emergence of low-price robotic solutions will be a key driver boosting the market growth. To fulfill the growing popularity, vendors are integrating physical embodiments that are autonomous, interactive, and communicative. The integration of artificial intelligence is enabling the robots to understand human emotions and interact in a real-time environment. Also, vendors are developing low-cost companion and emotional therapy robots to cater to the growing demand and increase the affordability of these robots.

The rapid advances in robots will be a key trend driving the growth of the market. Vendors are developing and integrating advanced and innovative products that enhance flexibility and improve the connectivity and integration with the cloud, building automation, and IoT.

Further, the report states that the risk of malfunctioning and hacking in companion robots will affect the market growth. The risk of malfunctioning and hacking of these robots can result in unintentional physical attacks on the user in addition to, driving the risk of persistent threats. The growing risk of cyberattacks enables the robots to be altered remotely.

Key vendors

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Application

Part 08: Market Segmentation By Solution

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/8k56q7/global_robotics?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180613005968/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager


For E.S.T. Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Mining,Robotics



SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/13/2018 12:52 PM/DISC: 06/13/2018 12:52 PM