Modular Robotics Market are Reshaping Factory Production

Modular robotics are robots that can self-reconfigure their parts to take on different forms and functions. They are also known as self-reconfiguring modular robots. Generally these robots are small in size which can connect to each other to communicate, to transfer mechanical force and electrical power. As modular robots consist of similar units they can lower module cost by mass production which has an economic advantage. Modular robots are used for various applications such as in space exploration, bucket of stuff, deep sea exploration and in search and rescue operations. For example, disaster situations like earthquake or collapsed buildings use of a self-reconfiguring modular robot could be beneficial. 

Market Dynamics: Global Modular Robotics Market

The global modular robotics market is primarily driven by wide range of applications in various industries such as aerospace and defense, healthcare industry, oil and gas, and consumer goods & services among others. Incorporation of advanced technology in aerospace and defense self-reconfiguration modular robots plays an important role, such as exploration of space or unknown environments by means of resilient and adaptive locomotion devices. These robots are capable for self-repair which is one of the most important features for space missions. Along with this, these robots are also used in oil & gas industry for deep sea exploration.

As a result of these factors, modular robotics market is expected to show significant growth in coming years. Moreover, bucket of stuff is a futuristic concept wherein the module would be able to reconfigure itself to accomplish arbitrary household task. A self-reconfiguration modular robots have some advantages such as versatility, robustness and cost-efficient as compared to conventional robots. Considering all these factors, modular robotics market is anticipated to have prominent growth in coming years. Along with that, another factor shaping the market for modular robotics is the increased complexity of the robotic system.

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It is analyzed to be the major restraining factor to the modular robotics market as it is critical to recognize and choose useful configuration of modular robot and complexity in controlling. However, modular robots used in surgical operations are expected to offer significant growth opportunity to the global modular robotics market, as this system can reconfigure its own shape. Furthermore, with the help of camera mounted on it, it can capture the image of body from inside, which is very helpful to perform an operation precisely. 

Market Segmentation: Global Modular Robotics Market

The global modular robotics market has been segmented based on type, end-use industry and geography. Based on type, the global modular robotics market is classified into several architectures such as lattice architecture, chain architecture, hybrid architecture, deterministic reconfiguration and stochastic reconfiguration. Based on end-use industry, the market can be segmented into aerospace and defense, healthcare, oil & gas and consumer goods & services. Additionally, based on geography the market is further segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.