PUBLISHER: iGate Research | PRODUCT CODE: 1277595
PUBLISHER: iGate Research | PRODUCT CODE: 1277595
The global service robotics market is expected to reach nearly US$ 50 Billion by 2027. Service robots are the robots designed to assist humans and perform useful tasks, excluding industrial and manufacturing automation applications. Service robots have witnessed widespread acceptance among various professional and personal applications owing to benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and reduced operational costs and human errors. Professional service robots are employed in various industries including medical, defense, agriculture, logistics, inspection and maintenance, rescue and security, construction, and professional cleaning among others, whereas personal service robots are used for domestic and entertainment and leisure purpose. The service robotics market is driven by an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increasing research and development investments, growing awareness regarding the benefits of service robots, and increased demand for automation among professional and personal sectors. The high initial investment and concern for human safety restricts the growth of the market.
Recent Developments
By Segment Professional Service Robotics Market and Volume Forecast - Key Takeaway
By Segment Personal and Domestic Service Robotics Market and Volume Forecast - Key Takeaway
Global Service Robot Manufacturers / Suppliers Analysis - Key Takeaway
iGATE RESEARCH report titled "Global Service Robotics Market and Volume by Type (Professional Service Robots, Personal and Domestic Service Robots), Service Robot Manufacturers / Suppliers Analysis, Key Players Robotics Division Sales and Recent Developments - Forecast to 2027" provides a comprehensive assessment of the fast-evolving, high-growth Service Robotics Market.
This 205 Page report with 97 Figures and 14 Tables has been analyzed from 9 viewpoints:
Global Service Robotics Market and Volume Forecast - By Type
Global Professional Service Robotics Market and Volume Forecast - By Segment
Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment
Global Robotics Market - Key Players Robotics Division Sales and SWOT Analysis
Data Sources
iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.
Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.