Information Communications Media Technology Market News

Recent research: Service robotics market global industry analysis for 2017

Increasing smart technologies, growing applications of healthcare, rapid industrialization, increasing investments in R&D, and rising usage of service robots in defense and security are the key factors driving the market growth.

- Advertising -

According statistics MRC, the Global Service Robotics market is expected to grow from $7.5 billion in 2015 reach $28.24 billion by 2022 with a CAGR of 20.9%. 

The future market for the service robots lies in personal robots used in household applications. Lack of sophisticated cognitive competencies and high cost are the factors hindering the market growth.

- Advertising -

Get Sample Copy @

Professional Service Robots segment leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period due to augmented investments in R&D, increasing awareness regarding the benefits of service robots, and improved demand for automation among professional sectors. Asia Pacific is anticipated hold the largest share in the global market due to growing R&D investments for new robotics technology, mainly for use in defense, rescue and security and medical applications.

Some of the key players in global Service Robotics market include Kongsberg Maritime AS, Samsung Electronics, Sony Corporation, AB Electrolux, Toyota Motor Corporation, Amazon.Com, Inc., Apple Inc., Bluefin Robotics, Fuji Soft Inc., Geckosystems Intl. Corp., Google Inc., Honda Motor Co., Ltd., LG Electronics, Microsoft, Inc, Northrop Grumman Corporation, and IRobot Corporation.

Know more about this Report @…ying.php?id=64624

Service Robotics Market Applications Covered:

Personal Service Robots

Educational robots
Leisure robots
Personal assistance robots
Research and Hobbyists
Toy robots
Other Personal Service Robots Applications

Professional Service Robots

Defense, Rescue, & Security
Agriculture and forestry
Other Professional Service Robots Applications

Regions Covered:

North America



Rest of Europe

Asia Pacific

New Zealand
Rest of Asia Pacific

Rest of the World

Middle East
South Africa

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub-segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

News From

Research N ReportsResearch N Reports
Category: Market Research Publishers and RetailersCompany about: Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial.   Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on ...
This email address is being protected from spambots. You need JavaScript enabled to view it.