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Sep 30, 2020 (Market Insight Reports) —
The Global Service Robotics Market Research Report 2020-2025 research report offers an in-depth evaluation of each crucial aspect of the Global Service Robotics industry that relates to market size, share, revenue, demand, sales volume, and development in the market. The report analyzes the Service Robotics market over the values, historical pricing structure, and volume trends that make it easy to predict growth momentum and precisely estimate forthcoming opportunities in the Service Robotics Market. The report explores the current outlook in global and key regions (North America, Europe, Asia-Pacific, and Latin America) from the perspective of players, countries (U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc.), product types, and end industries.

The global service robotics market is valued at USD 14.39 billion in 2019, and is expected to reach USD 63.8 billion by 2025, at a CAGR of 25.34% over the forecast period of 2020-2025.

Get Sample PDF Copy of Latest Research on Service Robotics Market
https://www.marketintelligencedata.com/reports/84180/service-robotics-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=19&Scource=MW

Global Major Players in Service Robotics Market are:
Honda Motor Co. Ltd (OTC: HNDAF), Northrop Grumman Corporation (NYSE: NOC), iRobot Corporation, Daifuku Co. Ltd, SZ DJI Technology Co. Ltd, Intuitive Surgical Inc., and other
.

– October 2018 – Dematic planned to implement a robotic order fulfillment system for the Drakes Supermarket, an independent grocery retailer based in Australia. The robotic system was used to pick inventory items for retail store replenishment, by using a “goods-to-robot” configuration.
– Jan 2018 –
Honda introduced its new 3E (Empower, Experience, Empathy) Robotics Concept at CES 2018, demonstrating a range of experimental technologies engineered to understand people’s needs and make their lives better.

Market segment by Type, the product can be split into
Personal Service Robotics
Professional Service Robotics

Market segment by Application, split into
Household Robots
Education/Entertainment Robots
Nursing/Rehabilitation Robots
Medical Robots
Agriculture, Forestry, Livestock Farming and Fisheries Robots
Logistic Robots
Others

Market Overview
– Service robots, considered in this segment, include personal service robots for domestic, research, and entertainment applications. Professional service robots are used in defense and security, for medical assistance, and UAV drones.
– Some of the major examples of service robots are – iRobot’s Roomba, a personal robot, Amazon Robotics’s Kiva, a logistics/warehouse robot, and Intuitive Surgical’s DaVinci, a medical robot.
– Factors, like aging population and shortages of healthcare workers, are driving the demand for assistive technology robots. Companies, like KUKA (healthcare subsidiary Swisslog), are specializing in robots for healthcare applications. For instance, Swisslog’s Relay is designed for inpatient and outpatient services, like transporting medicines, and in other hazardous medications, including chemotherapy.
– Fully automated solutions act as a driver for the service robot market which provides a huge opportunity for various applications. For instance, at the warehouse MiR’s warehouse robot, MiR 500, a flexible- easy-to-program robot equipped with a laser-scanning technology. Service robots, across military and defense sectors, are gaining popularity for new applications like bomb disposal.
– The major restraint for the service robotics market would be, it needs very skilled hands to operate. It requires a very deep understanding of programming, which helps in programming the robots.

Influence of the Service Robotics Market report:
-Comprehensive assessment of all opportunities and risks in the Service Robotics Market.
-Service Robotics Market recent innovations and major events.
-A detailed study of business strategies for the growth of the Service Robotics Market market-leading players.
-Conclusive study about the growth plot of Service Robotics Market for forthcoming years.
-In-depth understanding of Service Robotics Market market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Service Robotics Market.

Browse Full Report:
https://www.marketintelligencedata.com/reports/84180/service-robotics-market-growth-trends-and-forecast-2020-2025?Mode=19&Scource=MW

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Service Robotics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of this Report: This Service Robotics market report could be customized to the customer’s requirements. Please contact our sales professional ([email protected]), we will ensure you obtain the report which works for your needs.

The research includes historic data from 2015 to 2020, and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs

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Irfan Tamboli (Head of Sales) | Market Intelligence Data

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[email protected]

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