Smart robots are the intelligent robotic systems with artificial intelligence designed to carry out their operation without direct human intervention. They perform their tasks independently and can work along with humans in various industrial and service applications. The smart robots application market is mainly dominated by service applications broadly categorized into personal and professional services. Browse 70 market data tables & 71 figures spread through 200 pages and in-depth TOC on [b]"Smart Robots Market by Component, Application, by Geography - Analysis & Forecast to 2020"[/b] available at http://www.rnrmarketresearch.com/smart-robots-market-by-component-software-hardware-application-collaborative-industrial-robots-personal-service-robots-professional-service-robots-by-geography-north-america-europe-apac-row-analysis-forecast-to-2020-market-report.html .

Smart robots used in personal services consist of domestic application, entertainment, and others, such as elderly assistance and home security. The smart robot market size for domestic application is projected to reach USD 2.17 Billion by 2020. The field application holds the highest market share in the professional application of smart robots, which comprises milking robots and other robots used in agriculture and forestry. The market size of milking robots accounted USD 902.1 Million in 2014.

The report also discusses the future road-map of the global smart robots market with respect to upcoming technologies, potential markets, and applications. The key players includes iRobot Corporation (U.S.), DeLaval (Sweden), Lely (The Netherlands), KUKA AG (Germany), Amazon (U.S.) Honda (Japan), Kongsberg Maritime (Norway), Google Inc. (U.S.) among others. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=396660 .

This report covers the said market in regions, including the North America, Europe, Asia-Pacific, and Rest of the World (RoW). The global smart robots market is dominated by North America and it is expected to contribute around 40% to the total market.

The significant drivers contributing to the growth of the smart robots market include increasing demand from the healthcare sector, adoption of smart robots by the e-commerce giants, the growing domestic service segment, and the growth of elderly assistance robots. However, the slow rate of commercialization and high cost incurred in research and development are the key factors that are restraining the growth of the market.

[b]Market by Component:[/b]

The market by product component includes hardware and software.

[b]Market by Application:[/b]

The smart robots market is mainly categorized into applications such as industrial and services.

[b]Market by Geography:[/b]

The market by geography is segmented into four different regions: North America, Europe, APAC, and the Rest of the World. Priced at US $4650 for a single user PDF, a discount on “[b]Smart Robots Market by Component (Software, Hardware), Application (Collaborative Industrial Robots, Personal Service Robots, Professional Service Robots), by Geography (North America, Europe, APAC, RoW) - Analysis & Forecast to 2020[/b]” research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=396660 .

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