Service Robotics Market, By Type (Domestic, Professional) By End-User (Healthcare, Defense, Electronics, Automotive, Transportation, Construction, Supply & Logistics, Media & Entertainment) - Forecast 2022
Market Research Future published a research report on Service Robotics Market Research Report- Forecast 2022 Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
(EMAILWIRE.COM, January 24, 2018 ) Market Highlights
In this rapidly changing environment, companies are expanding their scale of operations by increasing investments in R&D and innovation. In service robotics innovation is very beneficial. Service robotics has become worldwide. Robotics has established a trend in market. Internet of things (IoT) is also considered as a major component with respect to service robotics therefore industries adopting Internet of Things has increased the demand for service robotics.
The study indicates that technological advancements, high demands for automation and increasing human safety concerns are the major driving factors of service robotic market. Service robotics have many benefits which overcome the challenges such as lack of skilled workforce, high labor costs and others. The study indicates a major restrain for the Service Robotics Market as the high costs of service robots. But the study also reveals that robot manufacturers are taking efforts to lower the costs of these service robots.
In the recent news, Dominos has partnered with Starship Technologies to develop service robots which could be used for pizza delivery. Many company like Dominos are taking efforts and adopting service robotics.
The Service robotics Market is growing rapidly over 15% of CAGR and is expected to reach at USD 20 billion by the end of forecast period. Cost reduction, high efficiency in the process and ability to provide the overall information and initiate early stage development for the products are the major driving factors of this market.
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Key Players
The prominent players in the Service robotics Market are - GeckoSystems Intl. Corp. (U.S.), Honda Motor Co. Ltd. (Japan), Adept Technology, Inc. (U.S.), KUKA AG (Germany), iRobot Corporation (U.S.), Kongsberg Maritime AS (Norway), DJI (China), Intuitive Surgical, Inc. (U.S.), Parrot SA (France), Grumman Corporation (U.S.), Fujitsu Frontech Limited (Japan), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea) among others
Service robotics Market Segmentation
Service Robotics by Type:
Domestic
Professional
Service Robotics by End-User:
Automotive
Transportation
Healthcare
Construction
Defense
Media & Entertainment
Security
Supply and Logistics
Agriculture
Others
Regional Analysis:
The regional analysis of Service robotics market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The ongoing global trend towards robotics is being reflected in an increase in the number of service robots in US. The study indicates that North America is dominating the service robotic market followed by Europe owing to factors such as increased demand of service robots by defense, medical, construction sectors and inclination towards automation.
The study reveals that Asia-Pacific would be the fastest growing region in the service robotics market by the forecast period. The study also reveals that North America and Europe would show hand-in-hand growth dominate the service robotics market by the forecast period.
Get complete Report @ https://www.marketresearchfuture.com/reports/service-robotics-market-2437
Intended Audience
Technology investors
Robot component and equipment manufacturers and suppliers
Robot manufacturers and suppliers
System designers and machine manufacturers
Product manufacturers
Robot system and software programmers
Analysts and strategic business planners
End-users
Research labs and research institutes
System Integrators
Government Organizations
Research/Consultancy firms
In this rapidly changing environment, companies are expanding their scale of operations by increasing investments in R&D and innovation. In service robotics innovation is very beneficial. Service robotics has become worldwide. Robotics has established a trend in market. Internet of things (IoT) is also considered as a major component with respect to service robotics therefore industries adopting Internet of Things has increased the demand for service robotics.
The study indicates that technological advancements, high demands for automation and increasing human safety concerns are the major driving factors of service robotic market. Service robotics have many benefits which overcome the challenges such as lack of skilled workforce, high labor costs and others. The study indicates a major restrain for the Service Robotics Market as the high costs of service robots. But the study also reveals that robot manufacturers are taking efforts to lower the costs of these service robots.
In the recent news, Dominos has partnered with Starship Technologies to develop service robots which could be used for pizza delivery. Many company like Dominos are taking efforts and adopting service robotics.
The Service robotics Market is growing rapidly over 15% of CAGR and is expected to reach at USD 20 billion by the end of forecast period. Cost reduction, high efficiency in the process and ability to provide the overall information and initiate early stage development for the products are the major driving factors of this market.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2437
Key Players
The prominent players in the Service robotics Market are - GeckoSystems Intl. Corp. (U.S.), Honda Motor Co. Ltd. (Japan), Adept Technology, Inc. (U.S.), KUKA AG (Germany), iRobot Corporation (U.S.), Kongsberg Maritime AS (Norway), DJI (China), Intuitive Surgical, Inc. (U.S.), Parrot SA (France), Grumman Corporation (U.S.), Fujitsu Frontech Limited (Japan), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea) among others
Service robotics Market Segmentation
Service Robotics by Type:
Domestic
Professional
Service Robotics by End-User:
Automotive
Transportation
Healthcare
Construction
Defense
Media & Entertainment
Security
Supply and Logistics
Agriculture
Others
Regional Analysis:
The regional analysis of Service robotics market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The ongoing global trend towards robotics is being reflected in an increase in the number of service robots in US. The study indicates that North America is dominating the service robotic market followed by Europe owing to factors such as increased demand of service robots by defense, medical, construction sectors and inclination towards automation.
The study reveals that Asia-Pacific would be the fastest growing region in the service robotics market by the forecast period. The study also reveals that North America and Europe would show hand-in-hand growth dominate the service robotics market by the forecast period.
Get complete Report @ https://www.marketresearchfuture.com/reports/service-robotics-market-2437
Intended Audience
Technology investors
Robot component and equipment manufacturers and suppliers
Robot manufacturers and suppliers
System designers and machine manufacturers
Product manufacturers
Robot system and software programmers
Analysts and strategic business planners
End-users
Research labs and research institutes
System Integrators
Government Organizations
Research/Consultancy firms
Contact Information:
Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
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Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results