Telepresence Robots Market Outlook 2027 By Component, Size, Share, Trends, Future Growth
According to TechSci Research, Global telepresence robots market is expected to grow at a significant rate during the forecast period. The global telepresence robots market is driven by the extensive use of these robots across various enterprises. These robots help the organizations in virtual meetings, organizing teleconferences and remote management of employees. Also, telepresence robots help business collaborate with each other without any need of travelling thereby saving the cost for the organization. This in turn is expected to positively influence the market growth. Additionally, these robots provide flexibility and convenience to the users thereby propelling the market through 2027. Furthermore, increasing investments and new product launches by the major vendors operating in the market is further expected to create lucrative opportunities for market growth over the next few years. However, high cost of installation and maintenance can hamper the market growth through 2027. Besides, technical glitches lead to operational failure thereby impeding the market growth.
The global telepresence robots market is segmented based on component, type, application, company and region. Based on type, the market can be bifurcated into stationary and mobile. The mobile segment is expected to grow significantly during the forecast period on account of their widespread application in various sectors such as defense & security, surveillance, among others. Based on application, the market can be fragmented into education, healthcare, enterprise, homecare and others. The healthcare segment is expected to dominate the market during the forecast period. This can be ascribed to the growing geriatric population suffering from various chronic and infectious diseases but who wishes to live independently. These telepresence robots help in remote monitoring of such patients, provide them regular medicine reminders, helps them connect to doctors & nurses as per the requirement, among others.
Regionally, the Telepresence Robots market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall telepresence robots market owing to the early adoption of technologies in the region. Additionally, the presence of major players in the region is further propelling the market growth.
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The major players operating in the telepresence robots market are Double Robotics, Inc., Inbot Technology, Ltd., Suitable Technologies, Inc., Mantaro Networks Inc., VGo Communications, Inc., InTouch Technologies, Inc., Qihan Technology Co. Ltd., Amy Robotics Co. Ltd., Anybots Inc., SuperDroid Robots Inc. and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of global telepresence robots market from 2017 to 2020.
- To estimate and forecast the market size of global telepresence robots market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global telepresence robots market based on component, type, application, company and regional distribution.
- To identify dominant region or segment in the global telepresence robots market.
- To identify drivers and challenges for global telepresence robots market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global telepresence robots market.
- To identify and analyze the profile of leading players operating in global telepresence robots market.
- To identify key sustainable strategies adopted by market players in global telepresence robots market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global telepresence robots market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Telepresence robots manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to telepresence robots
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Component · Type · Application |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
Key Companies Profiled | Double Robotics, Inc., Inbot Technology, Ltd., Suitable Technologies, Inc., Mantaro Networks Inc., VGo Communications, Inc., InTouch Technologies, Inc., Qihan Technology Co. Ltd., Amy Robotics Co. Ltd., Anybots Inc., SuperDroid Robots Inc. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global telepresence robots market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Telepresence Robots Market, By Component:
- Head
- Camera
- Display
- Speaker
- Microphone
- Body
- Power Source
- Sensors & Control System
- Others
- Global Telepresence Robots Market, By Type:
- Stationary
- Mobile
- Global Telepresence Robots Market, By Application:
- Education
- Healthcare
- Enterprise
- Homecare
- Others
- Global Telepresence Robots Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global telepresence robots market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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