Press release
Industrial and Service Robot Market 2021 Analysis by Global Manufacturers - Ourglass Pte Ltd, Savioke Inc., Kurve Automation Pte Ltd, Techmetics Robotics
The Industrial and Service Robot Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Industrial and Service Robot market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Industrial and Service Robot market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Industrial and Service Robot market.The Southeast Asia Industry and Service robot market are expected to witness a growth at a CAGR of 10.7% over the forecast period (2020-2025).
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Top Leading Companies of Industrial and Service Robot Market are - Ourglass Pte Ltd, Savioke Inc., Kurve Automation Pte Ltd, Techmetics Robotics, ABB Ltd., Daifuku Co. Ltd., Nachi Robotic Systems Inc., Eureka Robotics, Delta Electronics Inc and others.
Industry News and Updates:
- In November 2019, B&R, a unit of ABB’s Robotics and Discrete Automation business, announced the integration of ABB robots into its automation portfolio. With the ability to offer unprecedented levels of machine flexibility and precision, merging robotics with machine control into one unified architecture will enable manufacturers to embrace the trend of mass customization and optimize their lot size one processes.
Key Market Trends:
Increasing Aging Population? to Drive the Growth of the Market
- Geriatric patients access physiotherapy services for health conditions such as recovery after an injury, a stroke, or a surgical procedure, such as a knee or hip or replacement. Physiotherapy helps older adults maintain or improve their strength, mobility, and range of motion and reduce their risk of injuries and falls.
- According to an independent survey, sponsored by Wellchem Pharmaceutical to mark World Arthritis Day, found that about 40% of elderly Singaporeans have experienced pain in their knees for five years or more. Considering the fact that by 2025, 22% of the world population may be older than 60, according to the World Bank, the demand is only going to increase, thus, making service robots a lucrative market to invest in.
- Moreover, vendors in the region are involved in product innovation so as to get certified by medical councils and launch their product in the market. For instance, in Oct 2019, Cyberdyne, Inc. obtained a medical device approval to sell and manufacture HAL for medical use for lower limb type, a wearable cyborg primarily designed to improve the physical function of the wearer, from the Malaysian Medical Device Authority.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Industrial and Service Robot Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Industrial and Service Robot Market (%),2016 - 2026
- Industrial and Service Robot Market Share, By Brand
- Industrial and Service Robot Market Share, By Company
- Industrial and Service Robot Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Industrial and Service Robot Market Value Analysis & Forecast
- Promising Industrial and Service Robot Development by Major Companies
- Detailed Industrial and Service Robot Portfolio of the Major Companies
- Major Deals in the Industrial and Service Robot Market
- Major Companies Analysis
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We Offer Customization On Report Based On Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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