Press release
Service Robotics Market Key Players, Latest Trends and Growth Forecast till 2030
Service Robotics Market
Service robots are generally made to aid people in difficult and dangerous tasks. It improves effectiveness and lowers the chance of fatalities. Manufacturing automation and industrial applications are typically left to service robots, which are typically used in semi- or fully automatic operations.
The need for service robotics in both the residential and commercial sectors has been rising. Some of the commercial sectors include forestry, defence and security, healthcare, logistics, and the agricultural and construction industries. Personal services robots, on the other hand, are used for household and entertainment tasks.
It provides reliable service delivery, lower operational costs, and high-quality services. There is also less likelihood of human error.
Due to the rising demand for automated solutions across several professional industries, service robots are becoming more popular. Further integration of cutting-edge technologies, such artificial intelligence, into the robots (AI). The effectiveness and capability of robots are being improved by these integrations.
The high cost of labour, the lack of skilled workers, the growing desire for automation in both the professional and personal sectors, and the growing knowledge of the advantages of service robots are additional factors that are expected to increase the adoption rate of service robots. Key corporations are investing much in research and development in order to keep up with the expanding application areas. As a result, the worldwide service robotics market is expanding.
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Details about each competitor are provided in the service robotics market competitive landscape. Included information includes an overview of the business, financials, revenue, market potential, investments in R&D, new market initiatives, regional presence, corporate strengths and weaknesses, product launches, product breadth and depth, and application domination. The statistical points mentioned above only pertain to the companies' market focus on service robotics.
The Service Robotics Market - Growth Factor
The growth of scientific and technological advancements is assisting the global service robot's sector. The growing need for service robots for both professional and personal services is a significant driver of market expansion. The market is expanding as a result of the increased use of robots in a variety of sectors, including healthcare, defence and security, agriculture, forestry, logistics, construction, and personal cleaning, among others. The market is being helped by the expensive workforce and rising cost of labour in various industries, as well as the growing emphasis on lowering human error. Growing innovations and rising technical breakthroughs are estimated to fuel market expansion during the anticipated period.
The Service Robotics Market - Segmentation
The Service Robotics Market fragrance concentrates market has been sub-classified into product type, component, application.
On the basis of product type, the Service Robotics Market is bifurcated into:
• Professional service
• Personal and domestic service
• others
On the basis of component, the market is segmented into:
• Hardware
• Software
• others
On the basis of application, the market segmented into:
• Logistics
• Construction and demolition
• Medical
• Defence, rescue and security
• Entertainment, educational and personal
• Domestic
• Marine
• Research and space exploration
• Others
The Service Robotics Market - Key Market players
Global key players of Service Robotics Market include Omron Corporation, Daifuku Co., Ltd., Dematic Holding S.à r.l., Intuitive Surgical, Inc., Kollmorgen Corporation, KUKA AG, Others.
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