MAY 21-22, 2018 | Los Angeles, USA
Derived from the word “Robot” which comes from the Slavic word “Robota” (Labor), robotics is the interdisciplinary branch of engineering and science that includes areas of mechanical engineering, computer science, electrical engineering and more. The area covers design, construction, operation & use of robots as well as development of computer systems for their control, sensory feedback and information input & output.
History: The first robot was reportedly created as early as in the 3rd century BC by a mechanical engineer called Yan Shi as a present for king Mu of Zhou. Historical texts since have mentioned numerous automatas and machines. Although the first humanoid robot was reportedly designed by Leonardo Da Vinci in 1495, Westinghouse Electric Corporation was the first company to exhibit the same in 1940.
The global robotics market is rapidly blooming and is expected to hit 82.7 billion by 2020 at a CAGR of 10.11 % (2014) [alliedmarketresearch]. Robotics technology finds its major usage in areas of designing, manufacturing and several other sectors that aim at automating processes, enhancing production rates, reducing errors and ensuring quality and standards. Thus robotics technology today, finds its application in a wide range of fields including healthcare, defence, aerospace, infrastructure and automotives to name a few.
The Global Robotics market may be broken down and segmented based on the types of robots, components, applications and geography. The market today includes several varieties of automatas including industrial robots, service robots and mobile robots. The Global Robotics Technology market is segmented across geographies including North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East & Africa).
Asia-Pacific generated highest revenue accounting for in 2013. North America is rapidly growing region during the forecast period. North America would grow rapidly due to the adoption of robotics technology majorly in the field of defense, security and healthcare sectors. Automotive was the largest revenue-generating segment in 2013. Automotive robotics market dominates the global market due to its prominent use in automotive manufacturing industry. Aerospace robotics market would grow at the highest CAGR throughout the forecast period. Industries including healthcare, defense and security, and domestic would grow at a fast pace during the forecast period. The development of the robotics market depends on a variety of factors as shown in the following figure.
STAR Conferences brings in talented pool of speakers around the world to our conferences and let them meet peers with same passion and share their passion to rest of the community
Feel free to let us know if you have any questions/concerns