Press release
Service Robotics Market Report Explains Global Demand, Latest Technology Advancements and Outlook 2021-2030
The Global Service Robotics Market size is estimated to be USD 14.39 bn in 2019 and is predicted to reach USD 166.04 bn by 2030 with a CAGR of 24.9% from 2020-2030.
Service robots are the robots manufactured in order to assist humans and perform useful tasks for professional and personal applications. These robots can be operated in semi-automatic or fully automatically. They are skilled in performing monotonous & work consuming tasks and offers greater efficiency and safety.
They can enable people to perform different tasks excluding manufacturing operations. These robots are capable of decision making based on in real time and in unpredictable environments to execute the given tasks. The service robots are classified as home service robots or professional service robots. These services generally used for helping the users to reduce their workload in terms of both manpower and time-saving.
Access Full Description of this report at:-
https://www.nextmsc.com/report/service-robotics-market
Top Companies: Amazon Inc., Honda Motors Co. Ltd., Kuka AG, Northrop Grumman Corporation, iRobot Corporation, Parrot SA, Redzone Robotics, GeckoSystems Intl. Corp., Adept Technology, Inc., ECA Group, Yasakawa Electric Corporation and others.
Market Dynamics and Trends:
The rise in the use of service robots in professional services is increasing the market size of the professional sector of service. The major reason for the increasing popularity the service robots is it helps in reducing the human involvements in testing conditions. For instance, the service robots were used in Japan to send nuclear reactors after the tsunami for monitoring and measurement purpose. This has reduced the human effort and also enabled to have greater accuracy.
The factors including increasing popularity of networked robots, short-to medium-term payback period and high return on investment (RoI), and high demand from the medical and healthcare sector majorly driven the service robotics market. Further, rising demand for mobile-robotic solutions has led to rise in the demand of service robotics. However, high service cost, high R&D expenses, and irregular performance in untested environments, and lack of high level interfacing is hampering the growth of the service robotics market. The growing demand for drones from military and non-military applications will create new opportunities for the market growth in future. The service robotics market is segmented on the basis of type, operating environment, components, application, and geography.
Request sample copy of this report at:-
https://www.nextmsc.com/service-robotics-market/request-sample
Market Segmentations and Scope of the Study:
Global Service Robotics Market share is analysed on the basis of type, the market is segmented into personal robots and professional robots. On the basis of operating environment, the market covers aerial, marine, and ground. On the basis of components, the market is classified into control systems, actuators, software, and sensors. On the basis of application, the market is divided into professional and personal. The professional segment is further segmented into entertainment, domestic tasks, education, and research & hobbyists. The personal segment is further divided into defense, rescue & security, telepresence robot, medical, field robotics, marine, and inspection & maintenance. The regional analysis of the market comprises of North America, Europe, Asia Pacific, and Rest of the World.
Geographical Analysis:
North America denotes a higher adoption of the service robotics and is anticipated hold the highest market share during the forecast period. This is attributable to the factors including technologically advancement, high consumer awareness, increased use of robot prototypes for cleaning offices, and security, and delivering packages.
It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size owing to increasing demand for these robots in defense sector and focus towards R&D is leading to robots with more user-friendly features.
Contact:
Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com
About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.
We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
For more insights, please visit, https://www.nextmsc.com
Service robots are the robots manufactured in order to assist humans and perform useful tasks for professional and personal applications. These robots can be operated in semi-automatic or fully automatically. They are skilled in performing monotonous & work consuming tasks and offers greater efficiency and safety.
They can enable people to perform different tasks excluding manufacturing operations. These robots are capable of decision making based on in real time and in unpredictable environments to execute the given tasks. The service robots are classified as home service robots or professional service robots. These services generally used for helping the users to reduce their workload in terms of both manpower and time-saving.
Access Full Description of this report at:-
https://www.nextmsc.com/report/service-robotics-market
Top Companies: Amazon Inc., Honda Motors Co. Ltd., Kuka AG, Northrop Grumman Corporation, iRobot Corporation, Parrot SA, Redzone Robotics, GeckoSystems Intl. Corp., Adept Technology, Inc., ECA Group, Yasakawa Electric Corporation and others.
Market Dynamics and Trends:
The rise in the use of service robots in professional services is increasing the market size of the professional sector of service. The major reason for the increasing popularity the service robots is it helps in reducing the human involvements in testing conditions. For instance, the service robots were used in Japan to send nuclear reactors after the tsunami for monitoring and measurement purpose. This has reduced the human effort and also enabled to have greater accuracy.
The factors including increasing popularity of networked robots, short-to medium-term payback period and high return on investment (RoI), and high demand from the medical and healthcare sector majorly driven the service robotics market. Further, rising demand for mobile-robotic solutions has led to rise in the demand of service robotics. However, high service cost, high R&D expenses, and irregular performance in untested environments, and lack of high level interfacing is hampering the growth of the service robotics market. The growing demand for drones from military and non-military applications will create new opportunities for the market growth in future. The service robotics market is segmented on the basis of type, operating environment, components, application, and geography.
Request sample copy of this report at:-
https://www.nextmsc.com/service-robotics-market/request-sample
Market Segmentations and Scope of the Study:
Global Service Robotics Market share is analysed on the basis of type, the market is segmented into personal robots and professional robots. On the basis of operating environment, the market covers aerial, marine, and ground. On the basis of components, the market is classified into control systems, actuators, software, and sensors. On the basis of application, the market is divided into professional and personal. The professional segment is further segmented into entertainment, domestic tasks, education, and research & hobbyists. The personal segment is further divided into defense, rescue & security, telepresence robot, medical, field robotics, marine, and inspection & maintenance. The regional analysis of the market comprises of North America, Europe, Asia Pacific, and Rest of the World.
Geographical Analysis:
North America denotes a higher adoption of the service robotics and is anticipated hold the highest market share during the forecast period. This is attributable to the factors including technologically advancement, high consumer awareness, increased use of robot prototypes for cleaning offices, and security, and delivering packages.
It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size owing to increasing demand for these robots in defense sector and focus towards R&D is leading to robots with more user-friendly features.
Contact:
Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com
About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.
We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
For more insights, please visit, https://www.nextmsc.com
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