openPR Logo
Press release

Service Robotics Will Soon Replace Humans In Defence Sector ,TALON and METAL-STORM Are Setting An Example

09-29-2016 03:58 PM CET | IT, New Media & Software

Press release from: TMR Research Reports

Service robots are the fully autonomous systems that have the ability to carry out the services without or with human assistance. They are used in different sectors assisting human in performing duties that are not possible for humans to perform. The service robots are segmented into professional and service robots based on their product types. The professional robots are used for commercial purpose whereas personal robots are used for domestic uses. They are used in many sectors and one of the most important areas of application is the medical sector and defense. They are used to assist human in performing duties that are not possible for humans to perform.

Automation in Defense Shows High Potential

With both internal and external security threats mounting in countries across the world, the respective governments and defense sector are collectively seeking solutions to reduce human casualties by making greater use of robots on the field. This has paved the way for successful operation for unmanned ground vehicles and demining vehicles as well as unmanned aerial vehicles. TALON and METAL-STORM are the two commonly used service robots in the U.S. defense sector owing to their advantage of dealing with tasks without human intervention.

The ground-breaking discoveries in automation have been the very essence of the rising adoption of service robots in a wide spectrum of activities. From healthcare to agriculture, the global service robotics market is experiencing a huge scope for growth as it drastically raises work efficiency. Marked by accuracy and precision, service robots are being extensively used to perform complex surgeries in the healthcare sector. The growing research and development activities will also bolster the uptake of service robots as companies are vying to introduce robots with advanced mechanisms, improved artificial intelligence, and sophisticated algorithms.

Free PDF For Latest Advancements with Technological breakthroughs is @ http://bit.ly/2dgzwY7

The top four players in the global service robotics market are Panasonic Corporation, iRobot Corporation, AB Electrolux, and Samsung Techwin Co. Ltd, finds Transparency Market Research in a new report. Collectively, these players held a dominant share of 58.5% in the global market in 2014, observes Transparency Market Research’s latest report. Business expansion and development of new products will be the presiding themes seen amongst competitive players in the global market.

“The next few years will see companies focus on developing intelligent products that offer extremely innovative solutions to meet the growing need for advanced automation in various sectors,” says the senior analyst of this research report. Service robots that come with enhanced cognitive ability to deliver results with precision and dexterity in real-time will enjoy the advantage of better differentiation. The progress of service robotics companies will depend on the future capabilities of robots across various industrial and professional verticals.

Adoption of Service Robotics in Defence Sector Puts North America in the Lead

The opportunity in the global service robotics market is estimated to reach US$22.50 bn by 2021 as compared to US$5.57 bn in 2014. From 2015 and 2021 this market will expand at a CAGR of 18.8%. Amongst the various product types, professional service robotics will be preferred by consumers. This trend will help take the segment’s valuation to US$14.64 bn by the end of 2021. In terms of geography, North America is expected to lead the service robotics market with a whopping CAGR of 17.9% during the forecast period as the defense sector is rapidly adopting these products.

This review is based on Transparency Market Research’s report, titled “Service Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021.”
Report - http://www.transparencymarketresearch.com/service-robotics-market.html

Key Takeaways:

Global service robotics market to be worth US$22.50 bn by 2021
Professional robots to take up sizeable share in the market with a revenue of US$14.64 bn by 2021
Defense sector in North America to keep region at forefront with high adoption of service robots

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Service Robotics Will Soon Replace Humans In Defence Sector ,TALON and METAL-STORM Are Setting An Example here

News-ID: 368242 • Views: 575

More Releases from TMR Research Reports

Three Phase Transformer Market - Powertronix Corporation,Mitsubishi Corporation …
Three phase transformer are widely used in power systems. They are more economical compared to single phase transformers. There is a growing demand of reliable technology allied to the power flow management within the power systems. They are of single unit which means all windings wound around the same core, immersed in one tank, or of three single phase units. These transformers have the windings connected in various ways like
Smart Irrigation Market - The Toro Company, Rachio Inc., Baseline Inc offering h …
Smart Irrigation Market: Overview The amount of agricultural output is expected to grow till 2030, says a report by the Food and Agriculture Organization. With a projected growth of 1.4% in the aggregate crop production worldwide, the demand for supplies and solutions from industries working in the periphery of the agricultural sector is expected to rise. However, this does not necessarily mean that land under cultivation will rise dramatically. If anything,
Insulated Gate Bipolar Transistor (IGBT) Market - Research and Development to be …
Insulated Gate Bipolar Transistor (IGBT) is a power semiconductor device and majorly finds application in switch, pulse modulation and phase control among others. This device competes with other power semiconductor devices including power MOSFETs, Silicon-Carbide (SiC), Gallium-Nitride (GaN). IGBT has been gaining demand owing to lower switching losses and higher reliability, which highlights features including higher efficiency and better thermal performance. The increasing focus and increased investments in R&D on
Film Machinery Market - Growth in Distribution Channels to Open Opportunities fo …
Films play a significant role in packaging industry. Polymers such as polyethylene, polypropylene, polyvinyl chloride (PVC), polyester and EVOH are usually used as film materials in the packaging industry. Films are usually manufactured by extrusion process and are in various forms depending upon their end use. Cast films, blown films, shrink films, oriented films and co-extruded films are some of the most important variations of films. Plastics packaging is

All 5 Releases


More Releases for Transparency

Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market. While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution Vienna | Research Triangle, NC, USA | Essen, August ​09​, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when