The study involved major activities in estimating the current market size for the blockchain market. Exhaustive secondary research was done to collect information on the blockchain industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the blockchain market.
Secondary Research
The secondary research for this study involved gathering information from a wide range of credible sources. These included company annual reports, investor presentations, press releases, whitepapers, certified publications, and articles from reputable associations and government publications. Additional data was obtained from corporate filings, professional and trade associations, journals, and industry-recognized authors. Research from consortiums, councils, and gold- and silver-standard websites, directories, and databases also contributed to the qualitative framework. Key global sources such as the International Trade Centre (ITC) and the International Monetary Fund (IMF) were consulted to support and validate the market analysis.
Primary Research
Extensive primary research was accomplished after understanding and analyzing the smart robots market scenario through secondary research. Several primary interviews were conducted with key opinion leaders from demand- and supply-side vendors across four major regions—North America, Europe, Asia Pacific, and RoW. Approximately 20% of the primary interviews were conducted with the demand side and 80% with the supply side. Primary data was collected through questionnaires, e-mails, and telephonic interviews. Various departments within organizations, such as sales, operations, and administration, were contacted to provide a holistic viewpoint in the report.
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Market Size Estimation
The smart robots market size and submarkets have been estimated and validated using top-down and bottom-up approaches. Secondary research identified key market players and their regional market shares, which were confirmed via primary and secondary sources. The methodology involved analyzing annual reports and conducting expert interviews (with CEOs, VPs, and directors) for quantitative and qualitative insights. All market shares, splits, and influencing factors were thoroughly examined, verified, and analyzed. The final data was consolidated and enriched with expert insights and analysis from MarketsandMarkets, ensuring a comprehensive and accurate representation of the report.
Bottom-Up Approach
The bottom-up approach has been employed to arrive at the overall size of the smart robots market from the calculations based on the revenues of key players and their shares in the market. For instance, key players, such as iRobot Corporation (US), SoftBank Robotics Group (Japan), ABB (Switzerland), and KUKA AG (Germany), have been studied, and market estimations have been done considering the shipment and average selling prices (ASPs) of smart robots.
Top-Down Approach
In the top-down approach, the overall market size is segmented using percentage splits derived from primary and secondary research. Conversely, the bottom-up approach aggregates data from individual segments to validate the total market size. Primary respondents across different regions further confirmed these findings. Additionally, the bottom-up approach was used to cross-check data obtained from secondary sources and verify company market shares by estimating their revenue contributions. To ensure accuracy and consistency, data triangulation was used—integrating findings from the industrial and markets with segment-specific data. The triangulation and validation methods applied in this study help strengthen the reliability of the overall market estimation.
Smart Robots Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall size of the smart robots market through the process explained above, the overall market has been split into several segments. Data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments, wherever applicable. The data has been triangulated by studying various factors and trends from the demand and supply sides. The market has also been validated using top-down and bottom-up approaches.
Market Definition
Smart robots are automated devices that can think, sense, move, and manipulate materials, parts, tools, or specialized devices through a variable programmed motion to perform various tasks. The functioning of a smart robot is executed by the control system in AI, whereas sensing and manipulation are body functions based on physics, mechanical and electrical engineering, and software.
Key Stakeholders
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Original equipment manufacturers (OEMs)
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Technology solution providers
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Research institutes
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Market research and consulting firms
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Technology investors
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Governments and financial institutions
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Analysts and strategic business planners
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End users and prospective end users
Report Objectives
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To describe, segment, and forecast the smart robots market based on operating environment, mobility, type, component, application, and geography, in terms of value
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To forecast the global smart robots market, by operating environment and type, in terms of volume
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To describe, segment, and forecast the market for four key regions: North America, Europe, Asia Pacific, and RoW, in terms of value
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To provide detailed information regarding the market dynamics (drivers, restraints, opportunities, and challenges) influencing the growth of the smart robots market
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To strategically analyze micromarkets1 with regard to individual growth trends, prospects, and contributions to the overall market
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To analyze competitive developments, such as product launches & developments, expansions, partnerships, and acquisitions, in the smart robots market
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To strategically profile the key players in the smart robots market and comprehensively analyze their market ranking and core competencies2
Available Customizations
With the market data given, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
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Detailed analysis and profiling of additional market players (up to 7)
LARGEST MARKET SHARE IN 2025-2030
INDIA FASTER-GROWING MARKET IN REGION
Veronica
Feb, 2018
Conversational Artificial Intelligence, Voice User Interface Design, AI Robotics, Virtual Reality, Augmented Reality, and Mixed Reality. Also Deep Learning, Artificial Intelligence, and Machine Learning. .
Hiroshi
Sep, 2018
Send me the sample brochure of this report and then we will decide to purchase this report..
Hideshi
Aug, 2016
I checked table contents of this report and I have many question. Q1:The company profile,Honda,Google and Northrop, it have been published, we want the data of the other robot vendors such as Universal Robot and Kawasaki Heavy Industries etc. If possible to add other vendors ? Q2:Regard to Section 8.2 of the Collaborative Robots, how much of the amount of description, we are very interested in this field. .
Sascha
Jan, 2016
Is there a segmentation of robotics software market size in chapter 7 (e.g. embedded software, open source software, robotic analytics software, etc.) is there just 1 number of the overall software market for smart robots?.