APAC Market Forecast
Asia Pacific industry is estimated to hold largest revenue share of 35% by 2037. Many countries in this region are investing highly in the development of robotics. The military robots in the region are expected to grow at the rate of 11% As per the reports, the Chinese government invested 577 million for the development of intelligent reports under the Made in China 2025 plan. Also, China has set ambitious goals such as the creation of three to five globally competent robot manufacturers or eight to ten industrial clusters to gain 45% domestic market share for Chinese high-end robots. These factors are driving the market growth in the region.
North American Market Statistics
North America is expected to hold the second-largest share of the search and rescue robots market. The National Institute of Standards and Technology is supporting and investing in the development of these robots. Furthermore, a growing number of rescue and search robots are being used by the organizations like Royal Canadian Mounting Police. The military, fire departments, and law enforcement have installed a large number of search and rescue robots in the United States.
Author Credits: Abhishek Verma
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