Robotic systems are looked at as the future human assistants that are designed to help people to do what they want to do in a natural and spontaneous manner. Moreover, with the emergence of ubiquitous computing and communication environments, robots will be able to call upon an unlimited knowledge base and coordinate their activities with other devices and systems. Further, the growing spread of ubiquitous computing will lead to robot technologies being embedded into ubiquitous ICT networks to become human agents of physical actions, enhancing and extending the physical capabilities and senses.
The report focuses on giving a detailed view of the complete service robotics industry with regards to the professional and personal applications as well as the geography market. Apart from the market segmentation, the report also includes the critical market data and qualitative information for each product type along with the qualitative analysis; such as Porter's five force analysis, market time-line analysis, industry breakdown analysis, and value chain analysis. The global service robotics market is estimated to reach up to $19.41 billion by 2020 at a CAGR of 21.5% from 2014 to 2020.
The report majorly profiles companies and research institutes active in this field. This report provides the competitive landscape of key players that includes the main growth strategies of these players. Major players in the market include: Intuitive Surgical Inc. (U.S.), iRobot Corporation (U.S.), Honda Motors Co. Ltd. (Japan), Google Inc. (U.S.), and MAKO Surgical Corporation (U.S.).
Several other acquisitions, mergers, new product launches, and agreements, which have taken place recently, are also discussed in the report.
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