Press release
Service Robotics Market Opportunity and Key to 2024 Along With Dynamic Vendors Trends 3D Robotics, AeroVironment, BAE Systems, DJI, Intuitive, Lely, Medtronic, Northrop Grumman, Omron Adept Technologies, Parrot, Samsung Electronics, SoftBank Robotics Euro
Service Robotics Market
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.
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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.
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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. 3D Robotics
2. AeroVironment Inc
3. Aethon IncFIG 15 SWOT Analysis, Bluefin Robotics
4. BAE Systems
5. Delaval International AB
6. DJI
7. ECA Group
8. Ecovacs Robotics
9. Geckosystems Intl. Corp
10. Honda Motor Co., Ltd
11. Intuitive Surgical, Inc
12. iRobot Corporation
13. Lely Holding S.A.R.L
14. Medtronic
15. Northrop Grumman Corporation
16. OMRON Adept Technologies, Inc
17. Parrot SA
18. Samsung Electronics
19. Softbank Robotics
20. Yujin Robot Co. Ltd
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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.
Rising deployment of professional robots, such as drones, ground-based, and marine robots across the military & defense sector, is anticipated to drive the service robotics market growth. Furthermore, increasing demand for the automated processes with higher efficiency and accuracy across the dairy sector to improve the productivity is driving the field robots segment in the service robotics market.
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.
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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.
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