Press release
Service Robotics Market Analysis, Segments, Growth and Value Chain 2021 – 2024 | iRobot Corporation, Softbank Robotics
The emergence of IoT and artificial intelligence and subsequent rise in demand for advanced robotics solutions is driving the service robotics market share over the projected timeframe. Robotics systems in numerous application segments ranging from household to industrial are witnessing significant gains owing to their ability to simplify day-to-day activities while mitigating the risk of human errors. These systems are highly reliable, convenient and efficient in comparison to traditional labor sources.According to a report by Global Market Insights, Inc., the global service robotics market is anticipated to record a revenue of over $22 billion by 2024, with shipments set to depict a CAGR of over 20% over 2017-2024.
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Top Key Players Are : iRobot Corporation, Softbank Robotics, Ecovacs, AeroVironment, Inc., Medtronic, Intuitive Surgical, Delaval, Yujin Robot, Omron Corporation, Samsung Electronics, and DJI
The presence of a robust and advanced research infrastructure coupled with the rising demand for automation across a range of business verticals has fostered the United States service robotics market expansion in the recent times. Moreover, numerous government agencies in the nation have been investing massively in the latest robotics technology in order to ensure security and safety of its citizens.
Citing an instance of the humongous investments being made by government agencies in breakthrough technologies, the U.S. Defense Advanced Research Projects Agency (DARPA) has been reportedly spending as much as USD 3 billion annually to fund its robotic research programs.
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It would be prudent to mention that DARPA has been aiming to manufacture high-grade combat/military robots to cater the escalating demand from US Army as it has been striving hard to increase the number of soldiers. This has, in turn, assisted the service robotics industry participants to gain numerous business opportunities from the government contracts and other research initiatives.
Table Of Content:
Chapter 4. Service Robotics Market, By Product
4.1. Global service robotics share by product, 2016 & 2024
4.2. Professional
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Personal
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
Chapter 5. Service Robotics Market, By Application
5.1. Global service robotics market share by application, 2016 & 2024
5.2. Professional
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.2.3. Defense
5.2.3.1. Market estimates and forecast, 2013 - 2024
5.2.3.2. Market estimates and forecast, by region, 2013 – 2024
5.2.4. Field
5.2.4.1. Market estimates and forecast, 2013 - 2024
5.2.4.2. Market estimates and forecast, by region, 2013 – 2024
5.2.5. Healthcare
5.2.5.1. Market estimates and forecast, 2013 - 2024
5.2.5.2. Market estimates and forecast, by region, 2013 – 2024
5.2.6. Logistics
5.2.6.1. Market estimates and forecast, 2013 - 2024
5.2.6.2. Market estimates and forecast, by region, 2013 – 2024
5.2.7. Others
5.2.7.1. Market estimates and forecast, 2013 - 2024
5.2.7.2. Market estimates and forecast, by region, 2013 - 2024
5.3. Personal
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
5.3.3. Household
5.3.3.1. Market estimates and forecast, 2013 - 2024
5.3.3.2. Market estimates and forecast, by region, 2013 – 2024
5.3.4. Entertainment
5.3.4.1. Market estimates and forecast, 2013 - 2024
5.3.4.2. Market estimates and forecast, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/service-robotics-market-size
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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.
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