Service Robotics Market: Growth Drivers and Future Trends 2024-2032

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Market Summary:

The “Service Robotics Market Research Report Overview by 2024” market size is reached USD 16.35 billion by 2022 and it is expected to reach USD 62.35 billion by 2030 between the forecast period and expected Compound annual growth rate of 18.4% between the forcast period by (2022-2030).

The Service Robotics Market has experienced substantial growth in recent years, driven by several key factors, including rising demand for its products, a widening customer base, and advancements in technology. This report offers an in-depth analysis of the market, covering aspects such as market size, trends, drivers and constraints, competitive dynamics, and future growth prospects.

Top Companies of Service Robotics Market:

Most of the manufacturers in the market report are listed below:

• Ricoh (Japan)
• Honda Motor Co., Ltd. (Japan)
• iRobot Corporation (U.S.)
• KUKA AG (Germany)
• Intuitive Surgical (U.S.)
• Daifuku Co., Ltd. (Japan)
• SoftBank Robotics Group Corp. (Japan)
• Aethon (U.S.)
• Boston Dynamics (U.S.)
• Fetch Robotics, Inc. (U.S.)

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Segmentation:

Service Robotics Market Size, Share & Industry Analysis, By Type (Professional and Personal) By Application (Domestic and Industrial/Commercial), and Regional Forecast, 2023-2030

Market Coverage:

• Market Trends
• Market Breakup by Segment
• Market Breakup by Region
• Price Analysis
• Impact of COVID-19
• Market Forecast

The Service Robotics Market report offers insights into the market landscape, which is further divided into sub-regions and countries. Alongside the market share for each country and sub-region, this section of the report highlights potential profit opportunities. Additionally, it details the market share and growth rate for each region.

Regional Analysis:

• North America (By Type, By Application, By Country)
  • U.S. (By Type)
  • Canada (By Type)
• Europe (By Type, By Application, By Country)
  • Germany (By Type)
  • U.K. (By Type)
  • France (By Type)
  • Rest of Europe (By Type)
• Asia Pacific (By Type, By Application, By Country)
  • China (By Type)
  • India (By Type)
  • Japan (By Type)
  • Southeast Asia (By Type)
  • Rest of Asia Pacific (By Type)
• Middle East & Africa (By Type, By Application, By Country)
  • GCC (By Type)
  •  South Africa (By Type)
  • Rest of the Middle East and Africa (By Type)
• Latin America (By Type, By Application, By Country)
  • Brazil (By Type)
  • Mexico (By Type)
  • Rest of South America (By Type)

Report coverage:

• Key growth drivers, restraining factors, opportunities and potential challenges for the market.
• Complete knowledge of regional developments.
• List of major industry players.
• Key strategies adopted by market players.
• Recent industry developments include product launches, partnerships, mergers and acquisitions.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry’s potential and provide information that will help companies to make informed decisions. The Service Robotics Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Industry Developments:

• Smart Robotics Inc. which is a designer and provider of logistics and warehouse robotics solution developed and launched a smart merchandise picker robot. This collaborative robot (Cobot) can handle lightweight merchandize such as office stationery and office supplies.
• Ricoh acquired Axon Ivy AG as a part of its strategic investment with an objective to expand its digital process automation capabilities.
• KUKA AG and MHP collaborated to work on Smart Intelligence Robotic Project Cockpit (SIRPCO).
• Robot Corporation acquired Aeris Cleantec AG, an air purification company with an objective to diversify the product portfolio with air purification systems.
• HYUNDAI MOTOR GROUP acquired 80% stake in Boston Dynamics to strengthen its position in the field of robotics.

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