Robotics Market Recent Industry Developments and Growth Strategies Adopted by Players : Forecast Up to 2025

Albany, NY -- (SBWIRE) -- 10/20/2017 -- The largely consolidated nature of the global Robotics Market, according to a report by Transparency Market Research (TMR) stems from the sheer dominance of some leading players, namely Fanuc Corporation, iRobot Corporation, Northrop Grumman Corporation, and Google Inc. among others. These companies are hard-focused to utilize their technical and business strength for product innovation and for commercialization of these products to serve the industrial and service sectors that are brimming with opportunities. For instance, in 2017, iRobot Corporation has launched Roomba 690 and 890 furthering its existing product line of service robots.