Service robotics is mainly used to
assist the humans usually by making their work easier and simpler. It could
perform a job that is dull, dirty, distant, repetitive and dangerous among
others. According to the International Federation of Robotics (IFR), the
service robotics could be defined as a robot which functions semi automatic or
fully automatically to perform the task assigned which are useful for the
well-being of humans.
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The increasing need of labor in the
emerging nations and growing instances of assisted living are predicted to
give the momentum to the global service robotics market. As these service
robots helps in performing the tasks that are more likely to be very difficult
or risky. In addition, these computer controlled devices are capable to
perform the daily routine tasks assigned to them with high degree of accuracy.
As the service robotics is in close proximity with the humans, which ensures
absolute safety and security of the person dealing with it. An increasing
number of companies have been developing and refining automation techniques in
order to gain market share in this market.
Service robotics is projected to be
the future human assistant, helping people do what they want to do in an
intuitive and natural manner. Furthermore, service robotics would be treated
as an unlimited knowledge base and could co-ordinate its activities with other
systems and devices with emergence of ubiquitous computing and communication
environments. Similar to laptops which have changed the daily lives of its
users by helping them in performing the tasks effectively and efficiently, the
service robotics are on the edge to expand their reach sooner or later to
become a part of our everyday life.
This market is expected to expand
in the field of medical applications which includes appliances, surgeons who
use them for search and rescue operations and in areas like agriculture,
forestry, cleaning, freight transport, mining, demolition and construction
among others.
Some of the factors driving this
market are ageing population, venture capital Investments in this market and
integration of service robotics with mobile technologies and other smart
products.
The market could be segmented on
the basis of type which includes industrial, restaurant and bar, domestic and
scientific among others. In addition, the market could be segmented on the
basis of geography which includes North America, Europe, Asia-Pacific and
RoW.
Some of the key players of this
market are Honda Motors Co. Ltd., iRobot Corp., AB Electrolux, Sony Corp.,
Fujitsu Ltd., Toyota Motor Corp., GeckoSystems Intl. Corp., Yujin Robot Co.
Ltd., Samsung Electronics and Hanool Robotics Corp. among others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for
upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological
growth map over time to understand the industry growth rate
- It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
- It helps in understanding the
key product segments and their future
- It provides pin point analysis
of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed
business decisions by having complete insights of market and by making
in-depth analysis of market segments
- It provides distinctive
graphics and exemplified SWOT analysis of major market segments
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