openPR Logo
Press release

Professional Services Robots Market will Record a Sluggish 19.2 % CAGR through 2022

Professional Services Robots Market will Record a Sluggish 19.2

A rapid growth in the service industries and the pressing need to adapt to the changing demand of the consumers, market challenges and a rapid advancement in technology with a backdrop of cut throat competition are the factors responsible for the growth of the professional services robots market. Robots have made their presence felt already in the realm of industrial automation where they are employed for carrying out repetitive tasks. However, with advancements in the fields of machine learning, artificial intelligence, cognitive science and adaptive computing are enabling the robots to assist humans in a variety of tasks. The development of technologically advanced robots that have an improved intelligence and can perform touch-sensitive tasks in a better manner and in addition also have the ability to interact with humans seamlessly will help their better adoption in fields such as healthcare.

The global professional services robots market is slated to touch a value of about US$ 7,400 Mn in the year 2022 and grow at a robust CAGR during the assessment period.

Request Sample Report @ https://www.persistencemarketresearch.com/samples/18619

4 Forecast Highlights on Global Professional Services Robots Market

As per the forecast of Persistence Market Research, the professional cleaning segment is slated to touch a value of nearly US$ 650 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The professional cleaning segment is estimated to account for nearly one-tenth of the revenue share of the application segment by the year 2017 and is forecasted to lose market share by 2022 over 2017.
As per the forecast of Persistence Market Research, the inspection & maintenance segment will reach a value of about US$ 180 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The inspection & maintenance segment is forecasted to account for a miniscule share of the total revenue share of the application segment by the end of the year 2017 and is expected to lose in market share by 2022 as compared with the year 2017.
As per the forecast of Persistence Market Research, the water-based segment is slated to reach a value of nearly US$ 1,800 Mn in 2022. The water-based segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the North America region in the water based segment.
Persistence Market Research forecasts the U.S. professional services robots market to exhibit a compound annual growth rate (CAGR) of more than 20% from 2017 to 2022.

Request to View TOC @ https://www.persistencemarketresearch.com/methodology/18619

The report has also included the profiles of some of the leading companies in the professional services robots market like Kuka AG, Robert Bosch GMBH, AB Electrolux, Northrop Grumman Corporation, Boston Dynamics, Inc., iRobot Corporation, Gecko Systems International Corporation, Daifuku Co., Ltd., Yujin Robot Co., Ltd, Aethon Inc. and Elbit Systems Ltd.

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Professional Services Robots Market will Record a Sluggish 19.2 % CAGR through 2022 here

News-ID: 1090425 • Views:

More Releases from Persistence Market Research

Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by Rising Demand for Reliable Power Supply
Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by …
Market Overview The global power quality equipment market is witnessing significant growth as industries, utilities, and commercial sectors increasingly emphasize uninterrupted and reliable electricity supply. According to Persistence Market Research's projections, the market size is expected to be valued at US$35.8 billion in 2025 and is projected to reach US$54.2 billion by 2032, expanding at a CAGR of 6.1% during the forecast period. This growth is fueled by rapid industrialization, rising
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Expanding Industrial Applications and Demand for High-Performance Bonding Solutions
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Exp …
Market Overview The global anaerobic adhesives market is experiencing steady growth as industries increasingly adopt advanced bonding solutions that enhance durability, reliability, and performance. According to Persistence Market Research's projections, the market is estimated to rise from US$613.9 million in 2024 to US$894.5 million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is fueled by the rising demand from sectors such as automotive, aerospace, electronics,
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand for Functional and Durable Fabrics
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand f …
Market Overview The global textile coatings market is witnessing steady growth, driven by the rising demand for functional, durable, and performance-enhancing fabrics across industries such as automotive, construction, healthcare, and fashion. According to Persistence Market Research's projections, the market is estimated to increase from US$4.8 billion in 2024 to US$6.8 billion by 2031, expanding at a CAGR of 5.0% during the forecast period. This growth is underpinned by the increasing adoption
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Efficient Lighting Demand
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Eff …
The global architectural LED products market is poised for substantial expansion over the next decade. Valued at approximately USD 12.5 billion in 2025, the market is projected to reach USD 23.6 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.4% during the forecast period from 2025 to 2032. This growth trajectory underscores the increasing adoption of LED technologies across residential, commercial, and industrial sectors, driven by

All 5 Releases


More Releases for Robot

Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market? The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene. The robot
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size. This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used. For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates