Report Highlights
Service Robotics Market Insights
Service Robotics Market was valued at USD 29.44 Billion in 2019 and is projected to reach USD 143.78 Billion by 2027, growing at a CAGR of 21.9% from 2020 to 2027.
The Service Robotics Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Service Robotics Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Global Service Robotics Market Overview
Service robots are being increasingly adopted in professional applications including healthcare as surgical robots in order to assist in delicate surgeries, dense monitoring and surveillance devices, agriculture for spraying fertilizers, and construction among others.
This report provides an all-inclusive environment for the analysis of the Service Robotics Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Service Robotics Market growth.
Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Service Robotics Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Service Robotics Market.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2019 |
| Forecast period considered | 2020-2027 |
| Base year market size | 29.44 $ Billion |
| Market size forecast | 143.78 $ Billion |
| Growth rate | 21.9% |
| Units considered | $ Billion |
| Segments covered | Application, Component, And Geography. |
| Industry covered | Internet, Communication, Software & Services |
| Companies studied |
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Global Service Robotics Market: Segmentation Analysis
The Global Service Robotics Market is Segmented on the basis of Application, Component, And Geography.
Key Players In Service Robotics Market
The Global Service Robotics Market study report will provide valuable insight with an emphasis on the global market including some of the major players areNorthrop Grumman Corporation, Kuka AG, Irobot Corporation, Kongsberg Maritime, DJI, Intuitive Surgical, Inc., Parrot SA, Geckosystems Intl. Corp., Honda Motor Co., Ltd., Adept Technology, Inc., Bluefin Robotics, ECA Group, and Aethon Inc.
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Global Service Robotics Market
Service Robotics Market Size And Forecast
Service Robotics Market was valued at USD 29.44 Billion in 2019 and is projected to reach USD 143.78 Billion by 2027, growing at a CAGR of 21.9% from 2020 to 2027.
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