The newly released research at Market Study Report titled “2017-2024 Global Service Robotics Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

Selbyville, DE -- (SBWire) -- 11/02/2018 --MarketStudyReport.com offers 2017 report on global Service Robotics market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2024.

Notable Service Robotics market players comprise 3D Robotics, AeroVironment Inc., Aethon Inc, Bluefin Robotics, BAE Systems, Delaval International AB, DJI, ECA Group, Ecovacs Robotics, Geckosystems Intl. Corp., Honda Motor Co., Ltd., Intuitive Surgical, Inc., iRobot Corporation, Lely Holding S.A.R.L., Medtronic, Northrop Grumman Corporation, OMRON Adept Technologies, Inc., Parrot SA, Samsung Electronics, Softbank Robotics, Yujin Robot Co. Ltd.

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The Service Robotics Market report 2017-2024 provides a comprehensive landscape of the industry, accurate market estimates and forecast split By Product, By Application and regions. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Service Robotics, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Service Robotics segment competitive environment, diving in to the industry position of each major company along with the strategic landscape.

The increase in manufacturing and industrial activities, primarily in the South-East Asian and Latin American regions, contributes to the strong growth of the service robotics market. For instance, warehousing robots are deployed in factory spaces to reduce monotonous activities such as shelving and packing and increasing the output as compared to the manual labor. Additionally, the Asia Pacific region is also incorporating these systems as a part of its education and teaching sector. Pre-schools in Singapore, for instance, have implemented humanoid robots on a testing basis to deliver high-quality education to students.

Service Robotics market is projected to reach a revenue of over USD 20 billion in 2024. These systems are anticipated to witness a high growth during the forecast time span owing to their high convenience, reliability, and the efficiency as compared to the conventional labor solutions. The rising proliferation of IoT and the integration of AI are aiding in the transformation of the service robotics market.

The adoption of the service robotics market is highly beneficial in the reduction of human casualties suffered during activities, primarily in defense and certain research activities such as underwater cave discoveries. In recent years, internal and external security threats have compelled governments of various organizations to adopt these solutions and are substantially contributing to the strong growth of the service robotics market. These systems can be used in conducting discrete surveillance activities or for implementing activities that are highly dangerous to human personnel.

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The professional application segment of the service robotics market is anticipated to witness a high growth owing to the increasing adoption of these systems for carrying out mundane and monotonous tasks such as milking, packing, and other activities. Medical robot systems are finding increasing applications in providing assistance during surgeries, therapy, and patient caring, contributing to the heavy growth of the service robotics market. For instance, Robot Aps has developed and launched a rehabilitation robot to assist health professionals with patients, who are bed-ridden, reducing the dependence on nurses for actions such as heavy lifting.

Table of Content:

Chapter 1. Methodology & Scope

Chapter 2. Executive Summary

Chapter 3. Industry Insights

Chapter 4. Service Robotics Market, By Product

Chapter 5. Service Robotics Market, By Application

Chapter 6. Service Robotics Market, By Region

Chapter 7. Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/service-robotics-market

Related Report:

United States Industrial Robotics Market Report 2018

In this report, the United States Industrial Robotics market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. United States Industrial Robotics market competition by top manufacturers/players, with Industrial Robotics sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including FANUC(Japan), KUKA(Germany), ABB(Switzerland), Yaskawa (Motoman)(Japan), Nachi(Japan), Kawasaki Robotics(Japan),Comau(Italy), EPSON Robots(Japan), Staubli(Switzerland), Omron Adept Technologies(US), DENSO Robotics(Japan), OTC Daihen(Japan).

https://www.marketstudyreport.com/reports/united-states-industrial-robotics-market-report-2018/?utm_source=RR-AN

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