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Global Telepresence Robot Market 2018-2023 by Component (Head and Body) & Application (Education, Healthcare, Enterprise, and Homecare)

Dublin, Nov. 05, 2018 (GLOBE NEWSWIRE) -- The "Telepresence Robot Market by Component (Head (Camera, Display, Speaker, and Microphone) and Body (Power Source and Sensor & Control system)), Type, Application (Education, Healthcare, Enterprise, and Homecare), and Geography-Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The telepresence robot market is expected to reach USD 312.6 million by 2023 from USD 145.8 million in 2018, at a CAGR of 16.5%

This growth can be attributed to the enhanced operational efficiency in enterprises due to the virtual meeting, high demand from the healthcare industry, and low cost due to the availability of supporting devices. However, technical complexities leading to operational failures restrict the growth of the telepresence robot market.

Mobile telepresence robots accounted for a larger share of the overall telepresence robot market in 2017. These robots can be moved from one place to another. In the consumer sector, especially in-home care, it is widely used owing to its movable feature. Customers can use mobile telepresence robots from any place according to their convenience.

The market for healthcare applications is expected to grow at the highest CAGR during 2018-2023 Remotely controlled telepresence robots enable doctors to interact with their patients for consulting and training. Researchers have been developing telepresence robot that can be used for remote surgery to save lives and can be controlled by remote surgeons. The advantages of using remote surgery using telepresence robots include efficient operation, ability to isolate surgeons from infectious diseases, and low operational cost. These benefits are driving the overall telepresence market in the healthcare sector. The market for education applications is expected to grow at the second-highest CAGR during the forecast period.

The Americas accounted for a major share of the overall telepresence robot market in 2017. The Americas is the early adopter of all service robots for all the major applications, such as public relations, personal assistance and care giving, home care, enterprise, and education, which is resulting in the maximum demand for robots from this region.

The telepresence robot market is expected to grow at the highest CAGR in APAC from 2018 to 2023. The rising use of telepresence in large businesses and increasing need for high-quality visual communications are the reasons for the growing adoption of telepresence robots in APAC. The emergence of new technologies in APAC has increased the demand for innovative and user-friendly communications. Telepresence and robotics help individuals interact, share content, and record high-quality video, among other services, in real time.

Factors such as advancements in the robotic technology and wide-level adoption from education and residential sectors are expected to generate opportunities for the telepresence robot market players.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Telepresence Robot Market
4.2 Telepresence Robot Market, By Component
4.3 Telepresence Robot Market, By Type
4.4 Telepresence Robot Market in APAC, By Application and By Country
4.5 Telepresence Robot Market, By Region
4.6 Country-Wise Analysis of the Telepresence Robot Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Enhanced Operational Efficiency in Enterprises Due to Virtual Meeting
5.2.1.2 Growing Demand From the Healthcare Industry
5.2.1.3 Low Cost Due to Availability of Supporting Devices
5.2.2 Restraints
5.2.2.1 Technical Complexities Leading to Operational Failures
5.2.3 Opportunities
5.2.3.1 Advancement in the Robotic Technology
5.2.3.2 Wide Level Adoption From Education and Residential Sectors
5.2.4 Challenges
5.2.4.1 Lack of Secure Communication and Common Protocols
5.3 Value Chain Analysis

6 Telepresence Robot Market, By Component
6.1 Introduction
6.2 Head
6.2.1 Camera
6.2.1.1 Independent Camera Base Widely Used in Telepresence Robots
6.2.2 Display
6.2.2.1 High Quality Inbuilt Display to Boost Demand
6.2.3 Speaker
6.2.3.1 Amplified Speakers Preferred in Telepresence Robots
6.2.4 Microphone
6.2.4.1 Directional Microphone Preference to Drive Microphone Demand
6.3 Body
6.3.1 Power Source
6.3.1.1 Power Source to Hold Highest Share of Body Component Market
6.3.2 Sensors and Control System
6.3.2.1 Sensors and Control Systems Core Component of Telepresence Robots
6.3.3 Others

7 Telepresence Robot Market, By Type
7.1 Introduction
7.2 Stationary
7.2.1 Stationary Telepresence Robots Widely Used for Enterprise Application
7.3 Mobile
7.3.1 Mobile Telepresence Robot to Dominate Market

8 Telepresence Robot Market, By Application
8.1 Introduction
8.2 Education
8.2.1 Student Engagement With Telepresence Robot to Drive Market Growth
8.3 Healthcare
8.3.1 Healthcare Application to Grow at Highest CAGR
8.4 Enterprise
8.4.1 Enterprise Application to Account for Largest Share of Telepresence Market
8.5 Homecare
8.5.1 Telepresence as Advanced Video Telephony Highly Used in Homecare Application
8.6 Others

9 Telepresence Robot Market, By Region
9.1 Introduction
9.2 Americas
9.2.1 US
9.2.1.1 US to Account for Largest Share of Telepresence Robot Market in the Americas
9.2.2 Canada
9.2.2.1 Canada Likely to Witness Second-Highest Growth Rate in Telepresence Robot Market in the Americas
9.2.3 Mexico
9.2.3.1 High Adoption of Telepresence Robots in Medical Facilities to Drive Market
9.2.4 South America
9.2.4.1 Inclination Toward Adoption of Robotics Technologies to Boost Market
9.3 Europe
9.3.1 Germany
9.3.1.1 Growing Robotics System Applicability to Increase Demand
9.3.2 UK
9.3.2.1 Elderly Care and Personal Assistance to Generate Demand for Telepresence
9.3.3 France
9.3.3.1 French Telepresence Market Dominated By Huge Presence of Robotics Players
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.1.1 China Holds Largest Share of APAC Telepresence Robot Market
9.4.2 Japan
9.4.2.1 Well-Established Robotics Industry Augments Market Growth and Demand
9.4.3 India
9.4.3.1 Indian Telepresence Robot Market Likely to Grow at Highest Rate
9.4.4 South Korea
9.4.4.1 Advanced Robot Technologies to Offer Significant Growth Opportunities
9.4.5 Rest of APAC
9.5 Rest of the World
9.5.1 Middle East
9.5.1.1 Professional and Personal Service Robotics Driving Demand for Telepresence Robots
9.5.2 Africa
9.5.2.1 Telepresence Robot Adoption for Video Conferencing Driving Market

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis
10.3 Competitive Scenario
10.3.1 Product Launches and Expansions
10.3.2 Acquisitions and Partnerships

11 Company Profiles
11.1 Introduction
11.2 Key Players
(Business Overview, Products Offered, SWOT Analysis)
11.2.1 Double Robotics
11.2.2 Inbot Technology
11.2.3 Suitable Technologies
11.2.4 Mantaro Networks
11.2.5 VGO Communications
11.2.6 Intouch Technologies
11.2.7 Qihan Technology
11.2.8 Amy Robotics
11.2.9 Anybots
11.2.10 Superdroid Robots
11.3 Other Key Players
11.3.1 Ava Robotics
11.3.2 Camanio Care
11.3.3 Wicron
11.3.4 Xandex
11.3.5 Rbot
11.4 Key Innovators
11.4.1 Axyn Robotique
11.4.2 Ohmnilabs
11.4.3 Swivl
11.4.4 Xaxxon Technologies
11.4.5 Hease Robotics

For more information about this report visit https://www.researchandmarkets.com/research/9lgd46/global?w=12

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                    Related Topics: Robotics, Unified Communications 
                    

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