Service Robotics Market 2023: KUKA AG (Germany), Bluefin Robotics (US), iRobot Corporation (US), Adept Technology, Inc. (US), Northrop Grumman Corporation (US), GeckoSystems Intl. Corp. (US), ECA Group (France), and Honda Motor Co., Ltd. (Japan).
Robots have now moved beyond the realm of traditional jobs doing repetitive functions, such as assembling of parts and welding, in the manufacturing and automotive industries. With the advancement in technologies, robots are becoming smarter and intelligent fostering the dissemination of new technologies and new innovations advancing the ability of robotics to assist and support humans perform several tasks. Service robots are slowly becoming ubiquitous, delivering newer efficiencies across several applications from assisting in personal tasks to professional services. With the growing integration of robotics with digital forces, such as cloud, artificial intelligence, and analytics, service robotics are bridging the gap between theory and practice in all areas of robotics and intelligent systems.
Get PDF Sample of this Market Research Report@ https://www.supplydemandmarketresearch.com/home/contact/6236?ref=Sample-and-Brochure&toccode=SDMRSE6236
The value chain of the service robotics ecosystem comprises several companies and research institutes to provide several activities from research and design to manufacturing and assembly of components to services. Service robotics are witnessing signs of robotic revolution with several startups entering the space backed by several venture capitalists as well large conglomerates incubating the newer technologies. Companies in the robotic value chain range from diverse applications.
The focus of service robotics is shifting to the advanced robots with high level of artificial intelligence in terms of their interaction with the environment and the ability to continuously improve their decision making based on external feedback. Service robots have potential market in several new applications across several sectors, including logistics, education, defense and security, healthcare, agriculture and forestry, entertainment, space, domestic tasks, personal and elderly assistance, home security. Several companies are focusing on developing world class robots that are human friendly and add value to the people and businesses that deploy them.
The market for social robotics is expected to be driven by the Shift from trend from the strictly structured environments into the unstructured environments and also shorter payback period and higher return on investment. Growing demand for drones from military and non-military applications also expected to boost the demand for drones. However, increase in aging population across the world would encourage the demand for rehabilitation of robots, growth potential across developing nations, persistent requirement of technologically advanced service robots, especially from defense and security verticals are presenting opportunities for service robotics. In addition, the advancements in self driving cars and artificial enabled social robots will have a potential market across the globe. Robots are expected to play a key role throughout the retail value chain including both front-end and back-end operations with the integration of big data and analytics and cloud computing, Pervasive Computing, and artificial intelligence.
Several social robots are expected to hit the market in 2018-2019 with the advanced technologies and capabilities to help humans of different age groups from kids to elderly assistance. In January 2018, Paaila Technology (Nepal) launched waiter robot, a smart, reliable and autonomous robot to take valued customers' food order from kitchen to table. The company also plans to launch Room Service Robot in February 2018. In January 2018, Aflac Incorporated (US) unveiled a smart robotic companion, “My Special Aflac Duck” for children who have cancers. In January at CES 2018, Aeolus Robotics launched the Aeolus Robot, a multifunctional in-home robot powered by artificial intelligence (AI) and machine learning. FoldiMate, Inc. (US) is expected to ship the improved model of robotic laundry folding machine for home use by late 2019.
Some of the major companies dominating the service robotics market include KUKA AG (Germany), Bluefin Robotics (US), iRobot Corporation (US), Adept Technology, Inc. (US), Northrop Grumman Corporation (US), GeckoSystems Intl. Corp. (US), ECA Group (France), and Honda Motor Co., Ltd. (Japan).
Access Full Market Research Report@ https://www.supplydemandmarketresearch.com/home/purchase?code=SDMRSE6236
Our research methodology involves in-depth desk research using various secondary sources. Data is gathered from association/government publications/databases, company websites, press releases, annual reports/presentations/sec filings, technical papers, journals, research papers, magazines, conferences, tradeshows, and blogs.
Key Data Points through secondary research-
• Macro-economic data points
• Import Export data
• Identification of major market trends across various applications
• Primary understanding of the industry for both the regions
Competitors analysis for the production capacities, key production sites, competitive landscape
• Key customers
• Production Capacity
• Pricing Scenario
• Cost Margin Analysis
Key Data Points through primary research-
Major factors driving the market and its end application markets
Comparative analysis and customer analysis
Collaborations or tie-ups
Annual Production, and sales
Average Selling Price
Data triangulation is done using top down and bottom approaches. However, to develop accurate market sizing estimations, both the methodologies are used to accurately arrive at the market size. Insert Image
Get Instant Discount on this report@ https://www.supplydemandmarketresearch.com/home/contact/6236?ref=Discount&toccode=SDMRSE6236
Global Contact: +1-276-477-5910
About Supply Demand Market Research(SDMR)
We have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis.
Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.
302-20 Misssisauga Valley, Missisauga,
L5A 3S1, Toronto
This release was published on openPR.
Permanent link to this press release:
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 2023: KUKA AG (Germany), Bluefin Robotics (US), iRobot Corporation (US), Adept Technology, Inc. (US), Northrop Grumman Corporation (US), GeckoSystems Intl. Corp. (US), ECA Group (France), and Honda Motor Co., Ltd. (Japan). here
News-ID: 1500685 • Views: 217
More Releases from Supply Demand Market Research
Global Oilfield Demulsifier Market By Type (Anionic, Non-ionic, Amphoteric, Cati …
The global oilfield demulsifier is anticipated to grow at a CAGR% of 3.3% from 2020-2026. The rising production of shale oil and gas in North America will have a significant impact on the consumption of well stimulation chemicals. This growing activity in shale oil & gas reserves has also occasioned in the rising demand for demulsifiers. Global Oilfield Demulsifier Market Segment by Type • Anionic • Non-ionic • Amphoteric • Cationic The anionic oilfield demulsifier is expected to capture
Global Rankings & Market shares of Top Tier-1 ADAS Suppliers 2020-Growth Analysi …
According to our latest study the ADAS penetration rates are expected to increase significantly due to regulation, safety rating systems, lower cost of sensors or implementation. Rising penetration will boost revenues for automotive suppliers and contribute significantly to their profitability. This report examines the rankings and market shares of the Top-ADAS hardware component suppliers (radar, cameras, Lidar, ultrasonic sensors) in 2015-20 by ADAS revenues, radar, camera and lidar across major
30 Carmaker Roadmaps to Self-Driving cars 2025-Market Status, Forecasts, Roadmap …
The research report examines the current status of ADAS deployment and the future driver assistance portfolio of 30 leading brands, the engineering and regulatory challenges for high levels of autonomy and the business models to overcome them. We also provide technological roadmaps for the introduction of Level 2, Level 3 and Level 4 driving and parking features by leading OEM by 2025. Finally, you will find penetration forecasts of cars
Regulatory guide to Autonomous Driving | Automotive Cyber Security & V2X Market …
According to our latest study, the regulatory landscape for the transition from Supervised to Unsupervised-Driving (SAE Level 4-5) to allow deployment of higher levels of autonomy in Europe, USA, China, Japan and other markets. Since the future is also Secure and Connected, our analysis also provides a regulatory guide on Automotive Cyber Security and V2X (V2V-V2I). Feel free to contact us for any inquiry, Download PDF Sample Copy of This Report
More Releases for Robot
Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
Global Robot Vacuums Market Research
Global Robot Vacuums Market Research in addition, rising interest for automated vacuum cleaners can be ascribed to expanding center around accommodation and the travel industry areas, particularly in creating nations, combined with expanding tendency towards tidiness and cleanliness in the private segment inferable from less time accessibility for family unit errands because of busier ways of life Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6220 Table of Contents 1 Robot Vacuums Market Overview 1.1 Product Overview
Healthcare Assistive Robot Market Serpentine Study 2025
Global Healthcare Assistive Robot Market: Overview Robots tend to make work easier and give accurate results, thus making work more efficient and to the time it is required to be completed. Due its error-free characteristic, many researches have been conducted across the globe to take the technology further and employ in various sectors. In the healthcare sector, robots have proven to be very useful as they help in overlooking several operations
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
YuMi® - the future of human-robot collaboration
London/Zurich, September 9, 2014 – ABB has unveiled the world’s first truly collaborative robot: YuMi®. YuMi is a human-friendly dual arm robot designed for a new era of automation, for example in small parts assembly, where people and robots work hand-in-hand on the same tasks. YuMi is short for ‘you and me,’ working together. YuMi has been developed to meet the flexible and agile production needs of the consumer electronics
HALCON flies with NASA-Robot into Space
At the end of November 2010, the first humanoid robot astronaut flied into space, the Robonaut 2 (R2) which was jointly developed by the NASA and General Motors. R2 takes its visual decisions with the imaging software HALCON by MVTec (Munich, Germany). The Discovery will be launched as mission STS-133 to its very last space flight. Destination of this shuttle mission is the international space station ISS. On board of the