The growth in service robotics Systems market is expected to be driven by rising demand for mobile-robotic solution across warehouse automation and logistics, and high demand from medical and healthcare sectors, and increasing usage of service robotics in education and research institutes. The short- to medium-term payback period supported by higher RoI is another factor leading to the growth of service robotics Systems market in the near future.
Pune, India -- (SBWIRE) -- 05/25/2018 -- Our analysts forecast the Global Service Robotics Systems Market to grow at a CAGR of +15% during the period.
The demand for robotics is anticipated to grow exponentially during the forecasting period driven by advantages such as cost reduction, improved quality, increased production, and improved workplace health and safety. The adoption of robots across a wide range of industries including manufacturing, healthcare, defense and security, automotive, electronics, and food and beverage has accelerated the growth of the market. Robots deliver better quality products and services more efficiently, with less wastage and without causing physical damage to humans due to their autonomous nature. They help to reduce operating costs, while increasing production output. The increasing use of robotics will boost the growth of the market in the coming future.
The objective of the report is to gather important market data and offer insights into the trends and opportunities of the global Service Robotics Systems market to its readers. The report categorizes the market in a detailed manner to offer comprehensive insights into the factors responsible for enhancing as well as confining the market growth. The statistical surveying report on the global market also inspects the indicators in the market that are vital to represent the revenue forecast of the market over the given forecast period.
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Key Players Profiled in this Report: Northrop Grumman, iRobot Corporation, Delaval Group, Amazon, Kuka, Yaskawa Electric, Lely Group, Adept Technology, Honda Motor, Kongsberg Maritime, Aethon, Geckosystems Intl, Google, Bluefin Robotics, ECA Group.
Some of the primary growth drivers of the global M2M services market are expanded fiber optic cable networks and improved Internet connection. This has enabled M2M service providers to offer integrated telecom solutions to industrial consumes. Apart from this, significant drop in operational costs involved with M2M services is boosting their uptake across a large nuber of industry verticals. However, loss of valuable information across multiple connected devices in the event of a cyber-attack is providing headwinds to the growth of global M2M services market.
The report is characterized by numerous parts dealing with diverse aspects of the Service Robotics Systems market. This research report inspects the present situation and development scenario of the market around the globe during the forecasting horizon. To ascertain the market size, the report analyzes the revenue generated in the market worldwide together with representing the segmentation of the key players.
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A competitive study of the global market for Service Robotics Systems has also been delivered in this intelligence study, in which the profiles of the prominent market players have been revised exhaustively to determine the market's hierarchy. As per the research study, the market is highly fragmented and competitive due to the presence of a number of contestants. This research study is aimed at presenting a clear picture of the global market to the readers in order to help them is gaining a better understanding of this market.
Revenue shares, service offerings and contact information of each of the companies has also been stated with maximum details. With the help of these details, a to the point overview of the competitive landscape of the market is covered in the report, expected to give the readers a clear idea of strategies that are providing most promising returns to companies.
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Table of Contents
Global Service Robotics Systems Market Research Report 2018
Chapter 1 Global Service Robotics Systems Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Service Robotics Systems Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Service Robotics Systems Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
The report also looks into influential external factors likely to affect the development of the Service Robotics Systems market in the coming years. These include the technological framework of the industry and likely advances expected in the coming years, consumer preference patterns, economic environment, and the demand for alternative technologies and devices. The report presents studied 2018-2025 forecasts for this market.