Service Robotics Market to Witness Stunning Growth | Northrop Grumman, KUKA, iRobot

Latest Research Study on Service Robotics Market published by AMA, offers a detailed overview of the factors influencing the global business scope.Service Robotics Market research report shows the latest market insights with upcoming trends and breakdown of the products and services.The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Service Robotics. Demand from top notch companies and government agencies is expected to rise as they seek more information on COVID-19. Check Demand Determinants section for more information.

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Service robots are engineered to assist humans and perform useful tasks on their behalf. In the current scenario, improvised in ease of use, quality, and lower operational expenses have surged worldwide acceptance of service robots. Key manufacturers are able to implement solutions using service robots to assist ageing workers and help make work safer for humans. Favourable government policies supporting the creation of service robots along with steady demand from the defense sector is predicted to stimulate the industry demand in future.

Players Includes:

Northrop Grumman Corporation (United States), KUKA AG (Germany), iRobot Corporation (United States), Kongsberg Maritime AS (Norway), DJI (China), Intuitive Surgical, Inc. (United States), Parrot SA (France), GeckoSystems Intl. Corp. (United States), Honda Motor Co. Ltd. (Japan), Adept Technology, Inc. (United States) and General Dynamics Mission Systems, Inc.(Bluefin Robotics) (United States).

The Global IoT in Education Market segments and Market Data Break Down are illuminated below:

Type (Personal Service Robotics, Professional Service Robotics), Application (Household Robots, Education/Entertainment Robots, Nursing/Rehabilitation Robots, Medical Robots, Agriculture, Forestry, Livestock Farming and Fisheries Robots, Logistic Robots, Others)

Market Drivers

  • The Growth in the Usage of Robots in Education & Research, Defense, and Rescue & Security Sectors
  • Increasing Demand for Mobile-Robotic Solutions in Warehouse Automation and Logistics Sector
  • Increasing Demand from Medical and Healthcare Sector

 

Market Trend

  • Manufacturers are Developing Technologically Advanced Service Robots Especially for Defense, Rescue and Security Verticals

 

Restraints

  • High Initial Costs and R&D Expenses
  • Unpredictable Performance in Untested Environments, and Lack of High Level Interfacing

 

Opportunities

  • High Penetration of Drones From Military and Non-Military Applications
  • The Growth in Number of Geriatric Population Will Encourage Rehabilitation of Robots

 

Challenges

  • Safe Operations While Working Alongside Humans
  • Longer Time to Commercialize the Robots

 

Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Service Robotics Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

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Table of Content: Covid-19 Impact On Service Robotics Market:

  1. Study Scope

1.1      Service Robotics Market Competition by Manufacturers (Market Share, Y-o-Y Growth, Market Revenue, Rank)

1.2      Market Concentration

1.3      Comparative Market Share Analysis (Leaders and Emerging Players) [2018-2019]

1.2 Service Robotics Market Characteristics

1.3 Service Robotics Market Scenario by Region

1.4      Service Robotics Market Segmentation

1.4.1   Service Robotics Historic Market Analysis by Type

1.4.2   Service Robotics Historic Market Analysis by Application

1.4.3   Service Robotics Historic Market Analysis By ………….

       1.4.4.     Service Robotics Historic Market Analysis by ………….

                      ——                                                                            

  1. Market Company Profiles

2.1 Overview

2.2 Production & Services (2018-2025)

2.3 Financial Performance (2018-2025)

2.4 Strategy

  1. Future & Forecast Data
  2. Market Opportunities, Challenges, Risks and Influences Factors Analysis (2019-2025)
  3. Service Robotics Manufacturing Cost Analysis
  4. Service Robotics Value Chain and Sales Channels Analysis
  5. Service Robotics Marketing Channel, Distributors and Customers; Post COVID Analysis…
  6. Service Robotics Value Chain and Sales Channels Analysis (2018-2025)
  7. Service Robotics Research Finding and Conclusion
  8. Service Robotics Methodology and Data Source

Finally, Service Robotics Market is a valuable source of guidance for individuals and companies in their decision framework.

What benefits does AMA research studies provides?

  • Supporting company financial and cash flow planning
  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

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