Professional Service Robots Market Size Worth $182.0 Billion By 2027


Posted December 8, 2020 by sitakant

The global professional service robots market size is expected to reach USD 182.0 billion by 2027, registering revenue based CAGR of 41.0% over the forecast period, according to a new report by Grand View Research, Inc.

 
The global professional service robots market size is expected to reach USD 182.0 billion by 2027, registering revenue based CAGR of 41.0% over the forecast period, according to a new report by Grand View Research, Inc. The logistics and healthcare sectors are driving the market growth as these robots hit the mainstream applications in these sectors and are expected to become a common practice on job sites and commercial venues. The market is expected to have a strong growth not only in the high-risk industry sectors but also in lifestyle and healthcare applications.
The military and defense applications segment is expected to grow at a steady rate during the forecast period. Robots are deployed in combat scenarios to gain tactical advantages over the enemy. They also help minimize the involvement of soldiers and reduce the number of victims in military actions. Unmanned ground vehicles (UGV) is the most used robot in defense and military applications. UGV is capable of operating outdoors, over a wide variety of terrain, and in high risk areas. Unmanned robots are actively being developed for both military and civilian use to perform complex and hazardous activities.
Mobile service robot is another field, which has gained prominence owing to its ability to perform complex assistance tasks with autonomous navigation. Advanced sensors and processes are incorporated in the robots to prevent them from colliding against humans and obstacles to ensure safety by providing real-time environmental monitoring in a three-dimensional space. Sophisticated user interfaces have been developed, which consider the entire range of communication channels. As a result, there has been a rapid growth of mobile service robots in inspection and maintenance applications. These robots are used for autonomous sewer inspection, remote visual and ultrasonic inspection of pipes, inspection of ferromagnetic structures in nuclear applications, and quick visual inspection of vessels, pipes, tanks, and large structures.
For PDF sample Copy or More Details please visit link @: https://www.grandviewresearch.com/industry-analysis/professional-service-robots-market
North America professional service robotics market is expected to exhibit steady growth over the forecast period. The region has witnessed the widespread adoption of professional service robots in healthcare applications for rehabilitation and assisting medical staff. A favorable funding scenario for research on assistive technologies is driving the growth of the robots market in North America. Moreover, the health crisis created by COVID-19 has developed huge stress on the healthcare industry resulting in the adoption of professional service robots in hospitals. In U.S., professional service robots played a crucial role in the country’s first case of COVID-19 detected at Everett, Washington. The telepresence robot was used for remote caregiving of the isolated patient.
Professional Service Robots Market Report Highlights
• Logistics automation has gained traction in recent years and the growth of the industry is presumed to open numerous opportunities for the robot vendors
• The demand for robots in the healthcare industry is expected to see an upward trend owing to the recent pandemic situation
• The customer service robots are expected to find its primary application in the retail industry in assisting and guiding the customer around a store
• Asia Pacific is expected to lead the market growth over the forecast period, with China playing a crucial role in the development of the regional market
To request research report sample copy with TOC please visit @: Professional Service Robots Market Size | Industry Report, 2027 (grandviewresearch.com)
Professional Service Robots Market Segmentation
Grand View Research has segmented the global professional service robots market based on application and region:
Professional Service Robots Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2027)
• Logistics
• Healthcare
• Military & Defense
• Inspection & Maintenance
• Customer Service
• Field Robots
• Others
Professional Service Robots Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2027)
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o Sweden
• Asia Pacific
o China
o Japan
o South Korea
• Latin America
o Mexico
o Brazil
• Middle East and Africa
List of Key Players of Professional Service Robots Market:
• Daifuku Co. Ltd.
• iRobot Corporation
• KUKA AG
• Northrop Grumman Corporation
• Robert Bosch GmbH
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Issued By sitakant
Country United States
Categories Business , Technology
Tags global professional service robots market size
Last Updated December 8, 2020