Dublin, August 28, 2024 (GLOBE NEWSWIRE) — The report “Refurbished Robots – Global Strategic Business Report” has been added to The Offer.
The global refurbished robots market was valued at USD 2.1 billion in 2023 and is expected to reach USD 4 billion by 2030, growing at a compound annual growth rate of 9.9% between 2023 and 2030. This comprehensive report offers in-depth analysis of market trends, drivers, and forecasts to help you make informed business decisions.
This report provides an in-depth analysis of the global refurbished robots market, highlighting significant growth trends and market opportunities across different regions and segments. Key insights indicate that the material handling and logistics applications segment is expected to reach USD 1.5 billion by 2030, growing at a compound annual growth rate of 9.5%. The assembly line applications segment is expected to grow even faster, growing at a compound annual growth rate of 10.6% over the next seven years.
Regional analysis shows that the US market is estimated to reach $622 million in 2023, while China is expected to grow robustly at an average annual rate of 9.1% to reach $673 million by 2030. Other key regions such as Japan, Canada, Germany and the broader Asia-Pacific region are also being examined for their growth potential.
The report offers comprehensive market analysis covering all the major geographies and segments of the Refurbished Robots industry. It includes competitive insights into the market presence of leading players in different regions, helping stakeholders to understand the landscape and identify new revenue opportunities. It also covers important questions related to market development, growth drivers, restraints and the outlook for leading companies.
Features of the report include independent analysis of annual revenue and market forecasts in million US dollars from 2023 to 2030, detailed regional insights, and profiles of key players such as Epson America, Inc., IAI America Inc., and IAI Industrieroboter GmbH. In addition, the report offers free updates for one year to ensure access to the latest market developments and insights.
Main features:
| Report Attribute | Details |
| Number of pages | 194 |
| Forecast period | 2023 – 2030 |
| Estimated market value (USD) in 2023 | 2.1 billion US dollars |
| Projected market value (USD) until 2030 | 4 billion US dollars |
| Average annual growth rate | 9.9% |
| Regions covered | Generally |
Main topics covered:
MARKET OVERVIEW
- Insights into the influencer market
- World market development
- Global economic update
- Refurbished robots – Percentage market share of the main competitors worldwide in 2024 (D)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing demand for cost-effective automation solutions
- Increasing use of refurbished robots in small and medium-sized enterprises (SMEs)
- Technological advances in robot refurbishment and upgrading
- Market growth due to increasing industrial automation
- Opportunities in aftermarket services and spare parts for refurbished robots
- Increasing use of refurbished robots in emerging markets
- Impact of technological obsolescence on demand for refurbished robots
- Increasing consumer confidence in refurbished technology products
Focus on selected players (Total 42 presented):
- Epson Corporation
- IAI America Inc.
- IAI Industrial Robots GmbH
- RobotWorx
For more information about this report, see
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Market for refurbished robots
