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Service Robots Market Players to Produce Machines that Ensure Our Well-being

10-09-2017 11:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Beam

Service Robots Market Players to Produce Machines that Ensure

Service robots market are ready to change the retail, healthcare and security services were offered so far.

View Complete Report: https://www.researchbeam.com/global-and-china-service-robotics-research-report-forecast-2017-to-2022-market

Introduction of autonomous service bots in retail stores is no longer something unheard of! With the increase of these machines in stores and warehouses, we are just getting closer to the benefits of digitalization, explain industry experts at Big Market Research. Long involved in the assessment of how service robots market size and share lures venture capitalists, it seems that the transformation has brought happy times, say the experts.

Navii to help retailers maintain stores and help customers
Most ecommerce companies have already tested these machines to transport materials and pick orders. However, the application of artificial intelligence to help retailers serve the customers and improve logistic services, is something that is catching up these days. The trend came to light when Lowe decided to roll out autonomous service robots in about 11 stores located in California. Fellow Robots, a Silicon Valley technology company, joined hands with the retail chain to develop the 5-foot Navii droid called LoweBot. Many developers say that LoweBot’s capability to navigate through the store aisle on its own, tops the requirement list of the retailers. Other requirements of the retailers include inventory scanning and remembering important details. Some retail stores even plan on applying the data that Navii collects, thus helping to identify and understand the inventory pattern that impacts business decisions. Such innovations are creating new opportunities for the service robot market worldwide.

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Carebots to ensure health is taken care of
Ageing demographics has somewhat increased the demand for a new series of machine called carebots. They are christened so, owing to their valuable contribution in the healthcare and social care sector. So is the technology ready to meet the demands of the growing population? Yes, is answer!

This is exactly why we see many product makers use infrared sensor scans in the carebots. Not only can these sensors pick up the body heat but they also come with a memory system that helps them identify the clothing pattern of an individual. A few machines are also programed to help the patient take their pills on time, while some can lift up the patients, who cannot get up from their bed on their own.

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The artificial intelligence comes into play and blends the knowledge of a specialist with input from the sensors, which collects vital information from our environment.

Bots as new security guards
Don’t’ know what other nations have to say about using robots as security guards, but many Americans feel safe. Robot makers today dream about investment in wheeled machines that can patrol the streets, educational institutions, and even sidewalks. These can alert the residents about any suspicious activities or criminal behavior through a mobile application. One such innovation has been introduced by William Santana Li, the chief executive & co-founder of a company called Knightscope.

With the retail, healthcare, and security undergoing a major transformation, we are sure to have a robotic companion to ensure our well-being.

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