Market forecast of Programmable Robots : Size Industry Status Growth Opportunity For Leading Players 2018 - 2026
The global programmable robots market is estimated to grow at a healthy pace within the forecast period of 2016 to 2024 on account of the increasing adoption of robots in various educational institutions as many of them are including robots in their academic curriculum. Players in this field are focusing hard on innovation so as to cater to the specific needs of the consumers. Players are also striving to achieve durability, safety, effectiveness, and robustness of robots. While robotic toys are not so much in demand these days, robotic pets have become popular and will act as an offset for the robotic toys market. The decreasing price of robots will also be one of the reasons behind their increased adoption. The reduction in the price of robots is anticipated to be a result of a significant drop in the prices of robotic components such as sensors and actuators, among others. Some of the programmable robots are advanced mobile robots, gadgeteer, and robotic arms. Of...