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Exploring the Remarkable CAGR 21.6% | Service Robotics Market Anticipates a Valuation of USD 225.56 Billion By 2032

04-10-2024 01:26 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Service Robotics Market

Service Robotics Market

The recently published Service Robotics Market study report by Polaris Market Research reveals that the global market was USD 38.92 billion in 2023, with a CAGR of 21.6% projected from 2024 to 2032. The global market is expected to offer an absolute opportunity of USD 225.56 billion by 2032.

As the worldwide service industry persists in handling speedily altering consumer tendencies and a torrent of extrinsic elements such as labor paucity, trade concerns, and supply chain interventions, some are looking for contemporary and progressive technologies such as service robotics as a remedy.

๐†๐ž๐ญ ๐š๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/service-robotics-market/request-for-sample

The usage of robotics technology for enhancing productivity and improving business efficiency isn't a contemporary proposition. The price of manufacturing robots has considerably reduced because of the speedy advancement of technology and the surge in robot production. The standard price of the robot has decreased in the past 30 years by half in actual terms and notably more collated to workforce disbursements. Moreover, these gadgets are extremely secure for workers and may attach value to the industry's function. Because of the aging populations in these regions, the medical technology populations are expanding.

๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

The major players operating in the service robotics industry are:

โ€ข Intuitive Surgical Inc.
โ€ข Adept Technology Inc.
โ€ข Irobot Corporation
โ€ข Kuka AG
โ€ข Aethon Inc.
โ€ข Bluefin Robotics
โ€ข and GeckoSystems Intl. Corp.
โ€ข Panasonic Corporation
โ€ข Yujin Robot
โ€ข Co. Ltd.
โ€ข Robert Bosch GmbH
โ€ข Parrot SA
โ€ข Kongsberg Maritime

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/400/2

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ€ข Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technologies have significantly improved the capabilities of service robots, making them more efficient, autonomous, and adaptable to various tasks.

โ€ข Labor Shortages: Industries such as healthcare, hospitality, and agriculture are facing challenges in finding skilled labor. Service robots can fill this gap by performing repetitive or physically demanding tasks, thereby increasing productivity and efficiency.

โ€ข Cost Reduction: Over time, the cost of manufacturing service robots has decreased, making them more accessible to a wider range of industries. This cost-effectiveness encourages businesses to adopt robotics solutions to streamline operations and reduce overheads.

๐Š๐ž๐ฒ ๐“๐š๐ค๐ž๐š๐ฐ๐š๐ฒ๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ

โ€ข The primary factors propelling the market growth of service robotics are the reduction in their cost and the surge in the medical technology industry.

โ€ข The Service Robotics Market analysis is mainly based on type, component, environment, end-use, and region.

โ€ข In 2022, Asia Pacific dominated the market.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ก๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/service-robotics-market

๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ญ๐ก๐ž ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐ซ๐จ๐›๐จ๐ญ๐ข๐œ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ญ๐ฒ๐ฉ๐ž, ๐œ๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ, ๐ž๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ, ๐š๐ง๐ ๐ž๐ง๐-๐ฎ๐ฌ๐ž:

Service Robotics, Type Outlook (Revenue - USD Billion, 2019 - 2032)

โ€ข Professional
โ€ข Personal

Service Robotics, Component Outlook (Revenue - USD Billion, 2019 - 2032)

โ€ข Hardware
โ€ข Software
โ€ข Services

Service Robotics, Environment Outlook (Revenue - USD Billion, 2019 - 2032)

โ€ข Ground
โ€ข Aerial
โ€ข Marine

Service Robotics, End-use (Revenue - USD Billion, 2019 - 2032)

โ€ข Healthcare
โ€ข Agriculture
โ€ข Construction
โ€ข Defense
โ€ข Logistics & Transportation
โ€ข Domestic
โ€ข Entertainment
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Green Technology And Sustainability Market: https://www.polarismarketresearch.com/industry-analysis/green-technology-and-sustainability-market

Corporate Lending Platform Market: https://www.polarismarketresearch.com/industry-analysis/corporate-lending-platform-market

Machine-to-machine (M2M) Connections Market: https://www.polarismarketresearch.com/industry-analysis/machine-to-machine-m2m-connections-market

Speech Analytics Market: https://www.polarismarketresearch.com/industry-analysis/speech-analytics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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