(EMAILWIRE.COM, March 08, 2019 ) A modular robot comprises numerous independent atoms or units, which can arrange themselves into a best-suited structure for any given task or environment. Since these robots consist of a large number of identical atoms, they are more easily and effortlessly repaired by replacing damaged atoms with functional ones. The self-healing capabilities and higher utilization factor are most required traits in robotics for real-world applications and modular robotics provide better solutions in these perspectives when compared to traditional robotics.

Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Modular Robotics Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

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The key factors propelling the growth of modular robotics are growing adoption of collaborative modular robots due to their advanced features and benefits and increasing investments in industrial automation. Further, increasing adoption of the robotics-as-a-service model by various industries is anticipated to provide growth opportunities over the next few years. However, high complexity in robots' design and controlling electronics is restraining the growth of modular robotics market.

Some of The Major Players In Global Market:
1. ABB Ltd.
2. KUKA AG
3. Mitsubishi Electric Corp.
4. FANUC Corporation
5. Kawasaki Heavy Industries Ltd.
6. Yaskawa Electric Corporation
7. Denso Corporation
8. Universal Robots
9. Nachi-Fujikoshi Corp.
10. Rethink Robotics

Worldwide Modular Robotics Market Analysis to 2027 is a specialized and in-depth study of the Modular Robotics industry with a focus on the global market trend. Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.

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Modular Robotics Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Modular Robotics Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Modular Robotics Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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