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Jordan Knight

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Robotics Market - The Top Manufacturers and Players Growth Opportunities 2022

According to Statistics MRC, the Global Robotics Service market is expected to grow from $7.5 billion in 2015 to reach $28.24 billion by 2022 with a CAGR of 20.9%. Robotics Service market is increasing smart technologies, growing applications of healthcare, rapreport_id industrialization, increasing investments in R&D, and rising usage of service robots in defense and security are the key factors driving the market growth. 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.

Professional Robots service segment leads the market globally with the biggest market share and is expected to grow at 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 to 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 Robotics Service 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.

The Global Robotics Market Applications Covered by Personal Service Robots, Educational robots, Leisure robots, Personal assistance robots, Research and Hobbyists, Security, Entertainment, Domestic, Toy robots and Other Personal Service Robots Applications

The Global Robotics Market Professional Service Robots by Defense, Rescue, & Security, Agriculture and forestry, Aerospace, Infrastructure, Medical, Underwater and Other Professional Service Robots Applications

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

For more information about this research: http://bit.ly/2kXMAIs

More Stories By Jordan Knight

A finance technology background person who has an experience of more than 10 years, right now leading the team. An expert in the field of finance and business. A helping person with leadership quality, assisting his team in getting the work done and target achieved. In his spare time, he likes to keep himself involved in the events going around related to his field