openPR Logo
Press release

Service Robotics Market Scope Analysis 2024, Top Companies are 3D Robotics, AeroVironment, BAE Systems, DeLaval, DJI, Intuitive, Lely, Medtronic, Northrop Grumman, Parrot, Samsung Electronics, SoftBank Robotics Europe

12-20-2018 10:19 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

/ PR Agency: Global Market Insights, Inc.
Service Robotics Market

Service Robotics Market

The U.S. service robotics market is anticipated to witness growth over the forecast timeline. It can be attributed to the rising demand for robots across various sectors, which include defense, logistics, healthcare, agriculture, and households. Increasing number of players entering the marketplace with new & advanced technological features further contributes to the regional industry demand. Moreover, the increasing adoption of household robots for performing everyday tasks coupled with the rising wage rates across various economies is compelling the adoption of robots, contributing to the Asia Pacific service robotics market.

Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/130

Companies in the service robotics market comprise 3D Robotics, AeroVironment, Aethon, BAE Systems, DeLaval, DJI, ECA Group, ECOVACS Robotics, Geckosystems International Corp (GOSY), Honda Motor Co. Ltd., Intuitive, IROBOT CORPORATION, Lely, Medtronic, Northrop Grumman, Omron Adept Technologies, Parrot, Samsung Electronics, SoftBank Robotics Europe, Yujin Robot Co., Ltd.

The rising demand for robots with advanced capabilities to assist humans in everyday lives is anticipated to drive the service robotics market over the forecast timeline. The emerging trend of innovations from many engineering and scientific disciplines and technological advancements such as AI, machine learning, 3D sensors, machine vision, and big data analysis further contribute to the industry demand. In addition, the increasing penetration of robots in military & defense applications followed by the significantly rising defense budgets across the major economies is providing an impetus to the service robotics market.

Service Robotics Market, By Application

• Professional
• Defense
• Field
• Healthcare
• Logistics
• Others
• Personal
• Household
• Entertainment

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/130

The growing deployment of robots across households is anticipated to showcase a positive impact on the service robotics market growth. The household robots help in reducing the burden on their human counterparts by performing domestic tasks such as floor & window cleaning, vacuum cleaning & lawn-mowing and letting them focus on more important tasks. Increasing penetration of entertainment robots in various sectors, such as retail, BFSI, and hospitality, enables the interactive experience deepening the engagement with in-store customers. The robots can bring in a transformation by making use of advanced technologies such as facial recognition, speech recognition, and emotion recognition. However, factors such as rising R&D expenses and capital investments are expected to limit the industry demand.

Increasing utilization of healthcare robots in applications, such as surgeries, diagnostics, monitoring, and mental & physical therapy, will drive the healthcare service robotics market growth. Hospitals are increasingly using robotics in rehabilitation activities, which include orthotics and assistive devices such as wheelchairs. However, the demand for robotics in the logistics sector is on the rise owing to the growing e-commerce sector followed by the increasing efforts by industries to reduce the labor cost & optimize the processing speed.

Browse Complete Report Summary: https://www.gminsights.com/industry-analysis/service-robotics-market-size

For instance, in 2016, the U.S. Defense Advanced Research Projects Agency (DARPA) announced to invest nearly USD 3 billion in the development of new military technologies, which include automated technologies and combat robot warriors.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.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 Service Robotics Market Scope Analysis 2024, Top Companies are 3D Robotics, AeroVironment, BAE Systems, DeLaval, DJI, Intuitive, Lely, Medtronic, Northrop Grumman, Parrot, Samsung Electronics, SoftBank Robotics Europe here

News-ID: 1452627 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Robot

Robot Pet Care Market 2022 Precise Outlook|Litter-Robot, Hexbug, CatGenie - Petn …
The Robot Pet Care Market report is a great source of insightful data for business strategists. It gives an overview of the industry, as well as growth projections and historical and forecasted cost, revenue, demand, and supply statistics (as applicable). The research experts provide a detailed overview of the value chain as well as a study of its distributors. The Robot Pet Care Market analysis contains in-depth information that will
Cyber Security in Robotics Market to 2027 - Global Analysis and Forecasts by Com …
Cybersecurity concerns have been most important for industrialists. Fast progress made by robotics in our day to day lives is creating a strong automation effect in a wide-ranging range of grounds. With every passing day, the abilities of robotics have innovated from the installation of new control systems and manipulators, new sensors, and power supply systems. Robotic process automation (RPA) is growing popularity in cybersecurity in robotics. Organizations are looking
Robotic Polishing Machine Market Size 2019 - Logen Robot, DANBACH ROBOT, MEPSA
Robotic Polishing Machine Market Research Report Formulates with historic data up to 2019 and gives a forecast for 2019-2024. The report gives a comprehensive outlook of the market including the current market status, historic, and expected way forward for the global Robotic Polishing Machine market. The report inspects market size, key trends, technologies, challenges, product scope, industry revenue, and growth opportunities. The report delivers data on the drivers and restraints
Flexiv Ushers In 3rd Gen Robot With Launch Of Adaptive Robot Arm
• Product launch of world’s first adaptive robot at Hannover Messe 2019 • Broader set of task applications - can be applied to different scenarios and industries, even in uncertain environments • Bottom-up innovation and all-inclusive robot design for great adaptivity • Proprietary force control and AI technology from top AI and robotics researchers HANNOVER, Germany, April 2, 2019 – Flexiv Ltd. today ushered in a new generation of industrial robot with the launch of
Robotics Market by Data Type (Automotive Robot, Mobile Robot, Industrial Robot, …
Global Robotics Market was valued at USD 46.18 Billion in the year 2017. Global Robotics market is further estimated to grow at a CAGR of 13.52% from 2018 to 2023 to reach USD 112.6 billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and North America market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India
Pipeline Robot Market Competitive Strategies of Key Manufacturers: Diakont, Trio …
The qualitative research study conducted by HTF MI titled “Global Pipeline Robot Market Research Report 2018” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Pipeline Robot market. The study provides forecasts for Pipeline Robot investments till 2022. If you are involved in the Pipeline Robot industry or intend to be, then this