Welcome to
On Feet Nation
Thomas Online
BABU Online
Data Entry Inc Online
Rahul kumar Online
smithmorgan Online
Yashi Vaidya Online
Prajakta Online
Khalid Shaikh Online
Adrian Online
Market Scenario
The personal service robots market is expected to reach USD 35 billion by the end of 2022 with 38% CAGR during forecast period 2016-2022
Market Highlights
The factor leading to the growth of the robotics of personal services is aging populations in developed countries. Also, the demand for humanoid robots is high among adults due to the growing ageing population in developed countries such as Japan. The demand for personal service robots is also boosted by high disposable income and the need for convenience in developed countries.
The falling price of personal robots is encouraging customers who are budget conscious to buy them. The general cost of personal robots has declined in recent years due to the sustainable pricing of raw materials. This fall in raw material prices had a substantial impact on the overall manufacture of personal service robots. Yet the personal robots are still only afforded by the higher economic class that acts as a barrier to the growth of the personal service robots market.
Due to security concerns the growing demand for mobile robots has increased. These robots aren't fixed to just one physical location that they can locomote. For example, these robots can be used to spy on theft.
Key Players
The major players of global personal service robotics market report include Ecovacs Robotics Inc (China), Honda Motor Co Ltd. (Japan), Samsung Electronics Co. Ltd. (Korea), Hasbro Inc.(U.S.), Hanool Robotics Corp. (Korea), F&P Robotics AG (Switzerland), ZMP Inc (Japan)., Segway Inc.(U.S.), Neato Robotics Inc (U.S.)., iRobot Corporation (U.S.) and others.
Get customized Sample with complete Toc, Inclusive of COVID-19 Industry Analysis @ https://www.marketresearchfuture.com/sample_request/2457
Market Segmentation
Component and application segmented the global personal service robotics market. The personal-service robotics market was segmented into hardware and software based on component. Due to the rapid technological advancements and constant software upgrades that are being introduced in the market, the software segment is expected to project significant growth in the global personal robotics market.
The personal service robotics market is divided into robot maintenance, entertainment & toy robot, educational robot, handicap robot, companion robot, personal transport robot, protection robot and other applications.
Regional Analysis
Geographically, the global personal service robotics market has been segmented into four major regions such as North America, Europe, Asia Pacific, and the rest of the world. Among these, the Europe region is anticipated to account for the largest share in the global personal service robotics market owing to the high adoption of latest technologies and rapid increase in disposable income in this region.
The North America region is anticipated to project noteworthy growth in the global personal service robotics market due to the high disposable income and increasing popularity of robots for personal assistance in this region. The rapid adoption of advanced technology is driving the personal service robotics market in the rest of the world.
Asia-Pacific area is projected to rise over the 2016-2022 forecast period due to increasing demand for humanoid robots in Japan, rising population and high technological innovation investments. Due to the high export rate of robotic parts as well as assembled robots due to the large pool of producers of personal service robots in countries like China and Japan, the personal service robotics market is predicting significant growth in the Asia Pacific region.
Get Complete Report @ https://www.marketresearchfuture.com/reports/personal-services-robo...
About Us:
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
© 2024 Created by PH the vintage.
Powered by
You need to be a member of On Feet Nation to add comments!
Join On Feet Nation