Post #2760176 - 26/09/2024 03:14:14

Teleoperation and Telerobotics Market Forecast, Trend Analysis

In the Global Teleoperation and Telerobotics Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Teleoperation and Telerobotics industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Teleoperation and Telerobotics market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. As of 2024, the research study provides historical data and offers forecasts up to 2032. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.

The global teleoperation and telerobotics market size was USD 40.17 Billion in 2022 and is expected to register a steady revenue CAGR of 15.6% during the forecast period, according to latest analysis by Emergen Research. Rising use of teleoperation and telerobotics in space exploration activities and increasing adoption of Industry 4.0 and Internet of Things (IoT)  technologies are key factors driving market revenue growth.

Teleoperation enables operators to make real-time decisions by utilizing sensory and visual feedback received from remote robots. In NASA's Artemis program, which aims to return humans to the Moon, teleoperation and telerobotics will play a critical role. This program includes Lunar Gateway, a planned lunar outpost where robotic systems will be employed for scientific research, cargo handling, and mission preparation before crewed missions take place. For example, Hubble Space Telescope, jointly operated by NASA and the European Space Agency (ESA), has been effectively maintained and upgraded through teleoperation and telerobotics. Astronauts aboard the Space Shuttle or International Space Station (ISS) have conducted spacewalks to repair and service the telescope. Hence, these technologies are significantly being used for space activities, which in turn, is driving revenue growth of the market.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Teleoperation and Telerobotics market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Teleoperation and Telerobotics market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Teleoperation and Telerobotics market.

Radical Highlights of the Teleoperation and Telerobotics Market Report:

  • Comprehensive overview of the Teleoperation and Telerobotics market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Teleoperation and Telerobotics market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

ABB, AppFolio, Inc., AGT Robotics, Robert Bosch GmbH, General Electric, Cisco Systems, Inc., H Robotics, Kuka AG, Omron Corporation, and Kraft TeleRobotics, Inc

Teleoperation and Telerobotics Market Segmentation:

  • Component Outlook (Revenue, USD Billion; 2019-2032)

    • Hardware
      1. Sensors and actuators
      2. Robotic systems
      3. Control systems
      4. Communication devices
    • Software
      1. AI and automation software
      2. Teleoperation software
      3. Simulation and virtual environment software
    • Services

  • Mechanism Outlook (Revenue, USD Billion; 2019-2032)

    • Portable
    • Stationery

  • Technology Outlook (Revenue, USD Billion; 2019-2032)

    • Artificial Intelligence (AI)
    • Machine Learning (ML)
    • Virtual Reality (VR)
    • Augmented Reality (AR)
    • Simulation and digital twin technology

  • End-use Outlook (Revenue, USD Billion; 2019-2032)

    • Aerospace and defense
    • Food and beverage
    • Automotive and transportation
    • Energy and power
    • Mining and construction
    • Retail and e-commerce
    • Others

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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