Title: Covid-19 Impact on Service Robotics Market
1 Covid-19 Impact on Service Robotics Market
Research Report By Forecast 2022
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2022
2Covid-19 Impact on Service Robotics Market
Forecast To 2022
Covid-19 Impact on Service Robotics Market
Forecast To 2022
- The global market for service robotics can attain
a valuation of USD 20 Billion by 2022, says
Market Research Future (MRFR). The market is also
noted to have the potential to achieve a decent
growth rate of 15 from 2016 to 2022, which is
the forecast period. - The surging need to control, manage, and monitor
numerous operations in the logistics, healthcare,
household and defense sectors coupled with the
increasing labor cost can favor the Covid-19
Impact on Service Robotics Market in the near
future. Issues faced while handling workloads,
intensive operations and day-to-day tasks have
ramped up the demand for service robotics since
they offer elevated operational efficiency. The
market development has been rapid in recent
years, on account of massive investments in
research and development (RD), the surge in
product innovations combined with surging
consumer awareness about the benefits of service
robotics.
3Covid-19 Impact on Service Robotics Market
Forecast To 2022
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Covid-19 Impact
on Service Robotics Market Forecast To 2022
- Services robotics are also gaining momentum in
human assistance tasks for bringing down the work
pressure, elevate efficiency, and perform
repetitive tasks with the same vigor. Government
initiatives along with numerous organizational
innovations help boost the use of automated and
robotic systems, which is believed to be working
in favor of the market. Professional robots have
gained immense popularity, given the mounting
need for automated solutions in multiple
professional sectors. Service robotics is being
integrated with advanced technologies like
Artificial Intelligence (AI) in order to improve
their capabilities within the defense and
logistics sector. The logistics sector makes
extensive use of service robotics to handle,
transport, sort, package and delivers products.
4Covid-19 Impact on Service Robotics Market
Forecast To 2022
Global Covid-19 Impact on Service Robotics Market
Segmented on the basis of
The Covid-19 Impact on Service Robotics Market
has been examined thoroughly in the MRFR report,
with respect to segments like type and end user.
Type-based segments in the market are domestic
and professional. The end-users covered in the
report are automotive, transportation,
healthcare, construction, defense, media
entertainment, security, supply and logistics,
agriculture and others. Amongst all the end-user
segments, the healthcare industry has landed the
top position in the Covid-19 Impact on Service
Robotics Market. Defense, construction and
automotive industries also exhibit the potential
to achieve higher growth trajectory from the
present graph in the Covid-19 Impact on Service
Robotics Market. The defense sector makes use of
service robotics in a bid to reduce the human
involvement, subsequently bringing down the
number of victims.
5Covid-19 Impact on Service Robotics Market
Forecast To 2022
Global Covid-19 Impact on Service Robotics Market
- Geographical Analysis
- The region-wise market segmentation for service
robotics includes Asia Pacific (APAC), Europe,
North America along with the Rest of the World
(RoW). - North America is the highest revenue-generating
market for service robotics, in view of the fact
that the demand in the medical and healthcare
sector has increased drastically in recent years.
Apart from this, rising use of service robots for
education and research purposes, high return on
investment (ROI), and short- to medium-term
payback period has also led the regional market
to a better position on a global scale. - Europe is the second-most lucrative market for
service robotics. Some growth-inducing factors
include mounting demand for service robotics
across various industries, increasing aging
population and the surge in the number of
research development activities in the robotics
field.
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6Covid-19 Impact on Service Robotics Market
Forecast To 2022
Global Covid-19 Impact on Service Robotics Market
- Competitive Analysis
- Leading vendors in the worldwide market for
service robotics include Parrot SA (France),
iRobot Corporation (U.S.), LG Electronics Inc.
(South Korea), Intuitive Surgical, Inc. (U.S.),
Fujitsu Frontech Limited (Japan), GeckoSystems
Intl. Corp. (U.S.), Grumman Corporation (U.S.),
KUKA AG (Germany), Honda Motor Co. Ltd. (Japan),
Kongsberg Maritime AS (Norway), Samsung
Electronics Co., Ltd. (South Korea), Adept
Technology, Inc. (U.S.), DJI (China), to mention
a few.
- Browse Report _at_ https//www.marketresearchfuture
.com/reports/service-robotics-market-2437
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