Global Service Robotics Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Service Robotics Market - Segmented by Type, Areas (Aerial, Land, Underwater), Components, Verticals, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global service robotics market was valued at USD 10.36 billion in 2017, and is expected to reach a value of USD 28.65 billion by 2023, at a CAGR of 17.9%, during the forecast period 2018-2023.

The Robotic services are now employed to monitor and inspect a large variety of processes, and workflows across various industries, through networked robots, and also deployed in areas, ranging from manufacturing of small electronic chips & circuits to managing nuclear reactors. These services enable firms to effectively systematize processes, specifically in areas, where human intervention cannot be deployed, and can majorly reduce the dependency on human workforce.

Healthcare is viewed as a promising domain for service robotics. Its application, in the field of healthcare, include surgeries and patient monitoring. They are used in medical applications, including surgical procedures, to improve health outcomes. The growth of automation is enabling new insights into healthcare processes. Hospitals are increasingly using the service robotics in diagnostic systems, rehabilitation systems and other complex surgeries.

The North America is the largest market for service robotics, followed by Asia-Pacific. United States is the major shareholder in the North America region. In Canada, which was relatively stable during the recessionary period, the gains are more visible. As a technologically advanced region, low-cost sensors, better chips, advances in speech understanding, cloud-based machine learning, and others are being developed.

Companies Mentioned

  • Amazon Inc.
  • KUKA AG
  • Northrop Grumman Corporation
  • Honda Motors Co. Ltd.
  • iRobot Corporation
  • Hanool Robotics Corporation
  • Gecko Systems Corporation
  • RedZone Robotics
  • Yaskawa Electric Corporation
  • ECA Group

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Overview

5. Market Dynamics

6. Global Service Robotics Segmentation

7. Competitive Landscape

8. Competitive Intelligence - Company Profiles

9. Investment Analysis

10. Future Outlook of the Service Robotics Market

For more information about this report visit https://www.researchandmarkets.com/research/pzxds6/global_service?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Robotics

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Robotics