Press release
Service Robotics Market: Technological Progress in Automation Enables Higher Uptake of Service Robotics
According to TMR, the global service robotics market was valued at US$5.57 bn in 2014 and is expected to touch US$22.50 bn by 2021. The global market revenue is anticipated to expand at a CAGR of 18.8% between 2015 and 2021. Application of service robotics for domestic purposes is expected to open up several growth opportunities for the global market. Though adoption of service robotics is anticipated to result in massive labor savings, it has also created a fear of loss of jobs leaving several able individuals unemployed.
Browse Our Report @ http://www.transparencymarketresearch.com/service-robotics-market.html
Out of the two types of service robotics products, the professional service robotics segment is gearing up for escalating demand. The report states that the professional service robotics segment will surge at a CAGR of 18.6% from 2015 and 2021. This demand will be a result of the growing dangers of the modern warfare and subsequent efforts taken by the defense sector to minimize human casualties.
The technological feasibility of these robots to perform dangerous tasks in a loop without any human interventions has made them an integral part of the armed forces arsenal across the globe. In addition to this, service robots are also being used in the agriculture sector for automatic milking, spraying pesticides and fungicides with drones, and transportation of goods. The professional service robotics segment is also anticipated to flourish as the healthcare sector deploys these robots for performing intricate and complicated surgeries.
Brochure With Latest Advancements With Application @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2176
North America is leading the global service robotics market by a fair margin as it expands at a CAGR of 17.9% between 2015 and 2021. The increasing uptake of service robots in the investment and defense sector of North America is the primary reason for this positive sentiment. The relentless rate of automation across the region has generated an impressive revenue for the North America service robotics market. Furthermore, the large-scale production of service robots due to a strong presence of vendors has also led to the proliferation of this market in North America.
The research study analyzes the Service Robotics market on a global level and provides anticipate in terms of revenue (USD billion) from 2015 to 2021. It recognizes the restraints and drivers affecting the industry and analyzes their impact during the anticipated period. Additionally, it identifies the major opportunities for market growth in the next few years.
Browse Table Of Content @ http://www.transparencymarketresearch.com/report-toc/2176
The report segments the service robotics market based on geography into North America, Europe, Asia-Pacific, and Rest of the World. These segments are anticipated in terms of revenue (USD billion). Based on product types, the report segments the market into professional and personal service robotics. It also segregates the market based on the applications. It includes defense, agriculture, health care, logistics, aerospace, infrastructure, entertainment, research and development and others. These segments have also been anticipated based on geography in terms of revenue (USD billion).
The study includes market attractiveness analysis, where the applications are benchmarked based on growth rate, market scope, and general attractiveness. Company market share analysis of various industry participants are provided in this report.
The key players have also been profiled based on company overview, financial overview, recent developments and business strategies. Major market players in this report include AB Electrolux (Sweden), Touch bionics Ltd (U.K)., iRobot Corporation (U.S), Samsung Techwin Co. Ltd. (South Korea), Robert Bosch GmbH (Germany), Mako Surgical Corporation (U.S), Intuitive surgical Inc.(U.S), Honda Motors Co. Ltd. (Japan), Panasonic Corporation (Japan)and Dyson Ltd. (U.K) among others.
About Us
Transparency Market Research (TMR) is a 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. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State 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 Market: Technological Progress in Automation Enables Higher Uptake of Service Robotics here
News-ID: 709223 • Views: …
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during…
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the…
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016.
The global dental membrane and bone graft substitutes market is expected to…
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period.
By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment…
More Releases for North
North America Epoxy Composites Market
North America Epoxy Composites Market, By Type (Glass Fiber, Cotton Fiber, Paper Fiber), Resin Type (Epoxy Resin, Phenolic Resin, Melamine Resin), Manufacturing Process (Layup Process, Compression Molding Process, Resin Injection Molding Process, Resin Transfer Molding Process, Filament Winding Process, Pultrusion Process), End User (Wind Energy, Aerospace and Defense, Sporting Goods, Automotive and Transportation, Electrical and Electronics, Pipe and Tank, Marine, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to…
North America Drone Simulator industry report - North America Drone Simulator Ma …
The drone simulator market in North America is expected to reach US$ 535.17 million by 2028 from US$ 251.38 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028.
The latest North America Drone Simulator Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis…
UberJets Helping People Get North!
In 2022 consumers have the freedom to purchase, order, or reserve, practically anything with a click of a button. Buying has never been more transparent through the utilization of mobile app technology. Typically, users can perform tasks such as book a hotel or purchase game tickets all from an app; so it only makes sense that one can order a private aircraft to get to anywhere, and anytime using the…
North America Apnea Monitors Market : North America Opportunity Analysis and Ind …
CRIFAX has recently announced its latest research report on 'North America Apnea Monitors Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated…
North America Footwear Market -Consumers In North America Are More Inclined Towa …
In the last couple of years, North America has emerged at the forefront of the fashion and sports apparel industry. Not only has easy and uninterrupted internet access bolstered consumer awareness regarding the latest buzz in the fashion scenario, but it has also helped them shop for the products they want with a simple touch of their fingers on their smartphones or tablets. The developed countries in the region such…
Electrical Fuses Market: Production Enterprise To Become Main Application Phase …
The North America electrical fuses market is likely to witness the advent of more compact and slimmer electronics with leading players vying to cater to ever-changing consumer preferences. The development of the latest technologies and innovation have thus emerged as the most defining trends in the market. The electrical fuses market in North America is primarily driven by the rising demand for electricity and efficient power delivery systems. Besides this,…
