Christy Publications Self-Reconfiguring Modular Robot Market | Page 2

own structure. These factors are favorable to propel growth of the global self-reconfiguring modular robot market over the forecast period. Sambot is a self-reconfiguring, self-assembly robot. It consists embedded mechatronics integrated technology, which includes actuators, microprocessors, sensors, power, and communication units integrated in the module. Hence, this Sambot robot can move autonomously, can change their morphology and rearrange it. Moreover, it can connect with other modules and it has the capacity to lift two other modules, and to move a complete system. It is smaller in size and has operational running time at least 15 minutes. Therefore, it can be utilized in search and rescue program. However, high initial installation cost for low-volume production applications is one of the major factors that is expected to restraint growth of the global self-reconfiguring modular robot market. Self-reconfiguring modular robot market: Regional Insights The global self-reconfiguring modular robot market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market for self- reconfiguring modular robot in Asia Pacific is expected to account for the largest share in the global market over the forecast period. This growth is attributed to increased adoption of robots by several manufacturers, especially in emerging economies such as China and India. According to International Federation of Robots Organization (IFR), in 2015 the sales of robots was totaled 160,558 units from 134,444 units in 2014. The total sales for robots in China, individually, accounted for 68,556 units in 2015, which is higher than the total sales in 2014 which was 57,096 units of robots. This sale is mainly driven by increasing adoption of these in automotive, electrical/electronics industry, metal industry, and rubber and plastics industry. Hence, this huge demand for robots in several industries in Asia Pacific region is expected to propel the region self-reconfiguring modular robots market by 2025. For sample copy, download https://www.coherentmarketinsights.com/insight/request-pdf/1180 PDF @ Self-reconfiguring modular robot market: Competitive Background Major players operating in the global self-reconfiguring modular robot market include ABB Ltd., Kawasaki Heavy Industries, Ltd., Yaskawa Electric Corporation, Fanuc Corporation, Kuka AG,