The Global Service Robotics Market is expected to grow by $ 35270.47 million during 2021-2025, progressing at a CAGR of 22.58% during the forecast period

Global Service Robotics Market 2021-2025 The analyst has been monitoring the service robotics market and it is poised to grow by $ 35270. 47 million during 2021-2025, progressing at a CAGR of 22.

New York, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Service Robotics Market 2021-2025" - https://www.reportlinker.com/p06191377/?utm_source=GNW
58% during the forecast period. Our report on the service robotics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for robotic automation processes and the increasing adoption of robotics in diverse application fields. In addition, the growing demand for robotic automation processes is anticipated to boost the growth of the market as well.
The service robotics market analysis includes the application segment and geographic landscape.

The service robotics market is segmented as below:
By Application
• Professional robots
• Personal robots

By Geographic
• APAC
• Europe
• North America
• MEA
• South America

This study identifies the increasing use of IoT in robots for cost-effective predictive maintenanceas one of the prime reasons driving the service robotics market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on service robotics market covers the following areas:
• Service robotics market sizing
• Service robotics market forecast
• Service robotics market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading service robotics market vendors that include CYBERDYNE Inc., Daifuku Co. Ltd., DeLaval International AB, Exyn Technologies, Intuitive Surgical Inc., Irobot Corp., Kongsberg Gruppen ASA, Northrop Grumman Corp., SoftBank Robotics Group Corp., and SZ DJI Technology Co. Ltd. Also, the service robotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p06191377/?utm_source=GNW

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