Press release
Robot as a Service Market 2021 Trends, Market Share, Industry Size, Growth, Opportunities and Forecast to 2027 | iRobot, Softbank, Intuitive Surgical, DeLaval, Daifuku Co., Ltd., CYBERDYNE INC., DJI
DescriptionNew Research Study "Robot as a Service Market 2021 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook" has been added to Coherent Market insight
The global Robot as a Service was valued at US$ 12.6 Bn in 2020 and is expected to reach US$ 41.3 Bn by 2028 at a CAGR of 15.9% between 2021 and 2028.
Robot as a service (RaaS) is gaining traction as businesses increasingly adopt RaaS platforms due to their flexibility, scalability, and lower cost when compared to traditional robotics platforms. The RaaS platform enables small and medium-sized businesses to benefit from the platform without requiring a large upfront investment. Furthermore, rising adoption of RaaS in many industries, such as logistics and healthcare, is propelling market growth during the forecast period. For example, Google Inc., a technology company based in the United States, introduced the Google Cloud Robotics Platform, which combines artificial intelligence (AI), cloud, and robotics to provide secure and robust connectivity between robots and the cloud.
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This report includes information on the industry's market growth as well as key segmentation variables that help the global Robot as a Service Market prosper in today's environment. The report also emphasises the importance of regional classification in the global Robot as a Service Market. Due to growing demand, the worldwide Robot as a Service Market will eventually create more revenue and have a higher market size than the previous projected period.
Major Key players in this Market:
- iRobot
- Softbank
- Intuitive Surgical
- DeLaval
- Daifuku Co. Ltd.
- CYBERDYNE INC.
- DJI
- KONGSBERG
- Northrop Grumman
- Neato Robotics Inc.
- ecoRobotix Ltd
- Starship Technologies
- KUKA AG
- Parrot
- Aethon
- Lely
- Dematic
- Bastian Solutions LLC
- OMRON Corporation
Drivers & Trends
The market forecasts in the Robot as a Service industry are based on established research and assumptions based on current drivers and trends. As a result, the research report serves as a repository of analysis and data for every aspect of the market, including applications, SWOT analysis, future potential, new developments, and more. To acquire a firm grasp on the total market, several possible growth factors and hazards are assessed.
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Detailed Segmentation
Global Robot as a Service Market, By Type:
· Professional Service Robot
· Personal Service Robot
Global Robot as a Service Market, By End use Industry:
· IT & Telecom
· BFSI
· Defense
· Logistics
· Healthcare
· Retail
· Food & Beverage
· Media & Entertainment
· Others
Global Robot as a Service Market, By Region:
· North America
· U.S.
· Canada
· Europe
· Germany
· U.K.
· France
· Italy
· Spain
· Russia
· Rest of Europe
· Asia Pacific
Method of Research
The purpose of this section's research is to examine the Robot as a Service market over the course of the review period using several validated metrics based on Porter's Five Force Model. As a result, a thorough examination of the market aids in identifying and emphasising the market's primary strengths and weaknesses as it progresses. Furthermore, the study was created using a combination of primary and secondary research, including interviews, surveys, and observations from seasoned analysts, as well as reliable paid sources, trade magazines, and industry body databases. Beyond important points in the industry's value chain, the study includes a complete qualitative and quantitative assessment based on data gathered from industry analysts and market players.
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The following are the study objectives for this report:
SWOT Analysis focuses on worldwide main manufacturers to define, assess, and analyse market competition. By kind, application, and region, the market is defined, described, and forecasted.
Examine the global and main regional market potential and advantage, opportunity and challenge, constraints and risks.
Determine whether trends and factors are driving or limiting market growth.
By identifying high-growth categories, stakeholders would be able to analyse market potential.
Conduct a strategic study of each submarket's growth trends and market contribution.
Expansions, agreements, new product launches, and acquisitions in the market are all examples of competitive developments.
To create a strategic profile of the main players and analyse their growth plans in depth.
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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