SERVICE ROBOTICS MARKET (PROFESSIONAL AND PERSONAL), BY APPLICATION

Service Robotics Market (Professional and Personal), by Application

The service robotics market is expected to reach $19.41 Billion by 2020 at a CAGR of 21.5% from 2014 to 2020.

Service robotics deals with the development of robotic technology that assists human beings in various personal and professional tasks. These robots help in reducing physical workloads and intervene in hazardous or life-critical environments. Robots that are used for personal tasks can educate, assist, or entertain at home. They largely perform/assist in daily chores, extend home security, and also serve as companions or pets for entertainment.

The industry will witness a blend of leading industrial robotics manufacturers who will benefit from technology gains in the new high growth sectors, as well as cutting edge service robotics companies that combine the latest robotics technology with practical uses primarily at home and in the defense, service, and medical industries.

The service robotics technology will play a very important role in the life of elderly and disabled persons. It will help and assist them to undertake day to day activities that normal people can do. Due to this, the service robotics technology is projected to find a very wide application in the medical and healthcare device segment.

The report includes the segmentation of the geography market for service robotics into four major regions: The Americas, Europe, Japan, Asia-Pacific, and Rest of the World. The Americas covers countries such as United States, Canada, Mexico, Brazil, and others. The report talks about the Porter’s five force analysis of the service robotics market as well as the industry analysis along with the value chain and supply chain analysis. It includes the most recent happenings in the market under the ‘winning imperatives’ and ‘burning issues’ section and also describes the driving and restraining factors for the service robotics industry.

Major players in the service robotics market include: Intuitive Surgical Inc. (U.S.), iRobot Corporation (U.S.), Honda Motors Co. Ltd. (Japan), Google Inc. (U.S.), and MAKO Surgical Corporation (U.S.).

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Additional information on Service Robotics Market (Professional and Personal), by Application :
- Based on the application, the Global Service Robot market can be segmented into two divisions - Personal/Domestic Robots and Professional Robots.
- Service Robotics Market Analysis By Application (Professional, Personal) And Segment Forecasts To 2020. Published: November 2014 | ISBN Code: ...
- later class of robots, we will divide service robots into personal service robots and professional ... in place or mobile for use in industrial automation applications. ... According to the International Federation of Robotics, another professional ... Industrial robots account for a $4 billion market with a growth rate of around 4%.
- [184 Pages Report] Service robotics market research report (Professional and Personal) categorizes global market by Application (Defense, Agriculture, Medical ...
- The total number of professional service robots sold in 2013 rose by a relatively low 4% ... Still, few main application areas make up most of the volume. ... The market of robots for personal transportation could not be surveyed sufficiently ...
- Global Service Robotics Market By Application (Professional, Personal) Expected To Reach USD 15.69 Billion by 2020: Grand View Research, Inc.
- The report “Service Robotics Market (Professional and Personal), by Application ( Defense, Agriculture, Medical, Domestic, Entertainment), & by Geography ...
- Nov 24, 2014 ... Professional service robots accounted for over 70% of the global ... Among personal applications, household accounted for a higher market ...

Related links about Service Robotics Market (Professional and Personal), by Application :
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2. Service Robotics Market worth $19.41 Billion by 2020
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