Professional Service Robots Market to Witness Robust Expansion Throughout the Forecast Period 2020-25
Stratview Research published a new report titled ‘Professional Service Robots Market’ report that is segmented by Application Type (Logistics, Healthcare, Military & Defense, Inspection & Maintenance, Customer Service, Field Robots, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The ‘Professional Service Robots Market’ report delivers a close watch on the active competitors, pricing analysis and a thorough overview of the market situations in the forecast period. It is a detailed report gathered from in-depth primary and secondary drivers, market shares, market segments, and geographical analysis.
The report published by Stratview Research covers exclusive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides an in-depth analysis of the market segments that includes products, applications, services, and competitor analysis, etc.
Market Insights
Professional service robots’ market is likely to witness an impressive CAGR of 30% during the forecast period. The prime factors which are likely to drive the professional service robots’ market are innovations and development in 5G technology and AI chipsets, reduced human tasks at various workplaces, low operational expenses, and high Return on Investment (ROI).
Key players
Some of the key companies that are profiled in this report are:
• Boston Dynamics
• Cyberdyne Inc.
• Daifuku Co. Ltd
• GeckoSystems Intl. Corp.
• iRobot Corporation
• KUKA AG
• Northrop Grumman Corporation
• Ontario Drive & Gear Ltd
• Robert Bosch GmbH
• Softbank Robotics Group
Key Benefits for Industry players and new entrants:
The report delivers several insights into the Professional Service Robots Market that benefits the current industry players as well as those who are planning to enter the market. Below given are few benefits offered in the report-
- Market drivers, restraints, and challenges highlighted in the report
- Recent industry trends and developments are mentioned
- Neutral perspective on the market performance related to shares, supply and chain, etc.
- Competitive landscape & growth strategies of key players
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Professional Service Robots Market
- Overview of the regional outlook of the market.
- The market structure, historical data and forecasts for the coming years.
- Developments and trends in the market.
Segment-wise analysis
Based on the application type, the market is segmented as logistics, healthcare, military & defense, inspection & maintenance, customer service, field robots, and others. Logistics application is likely to grow at the fastest pace, driven by the requirement for flexible and speedy delivery of goods in the customer-driven economy.
In terms of regions, Europe led the professional service robots’ market in 2019, both in terms of value as well as volume, followed by Germany. The region has a strong presence of professional service robot manufacturers that cater to various industry verticals globally. Also, around 50% of logistics system manufacturers are European companies that contribute to strong market of professional service robots for logistics application type.
The Professional Service Robots Market report can help the users in developing an understanding of the current market dynamics, supply chain analysis, pricing trends, product preferences, target audience & more.
About Stratview Research
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In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].