Global Personal Service Robotics Market: size is expected to reach nearly US$ 169.15 Bn by 2027 with the CAGR of 37.20% during the forecast period.

Global Personal Service Robotics Market Overview:

The Global Personal Service Robotics Market research assesses the market's key characteristics based on an examination of many variables including supply, demand, feasibility, and current trends. The Global Personal Service Robotics Market research also includes projections for the years 2022 through 2027. The Global Personal Service Robotics report estimates and forecasts potential growth in the Global Personal Service Robotics market at each point in time-based on statistical data and thorough research that reflects qualitative as well as quantitative values of major factors such as historical, current, and future trends. Further to bring relevance specific to any market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.

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Market Dynamics:

All market dynamics are covered in our report. The factors positive factors, restraints, opportunities, and challenges are those points that are explained in detail in the report and all the data are collected from press releases documents, and annual reports. The research aims to suggest a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as an initial step to select the developing and key players that are involved in implementing market estimations.

COVID19 Impact:

Our team is working on the COVID 19 impact on various industry verticals and provide authenticate data to the client this data is helpful for understanding the market situation. To understand the influence and factors of the COVID 19 on the global Global Personal Service Robotics market with our expert monitoring which explains all the impacting factors and COVID impact on each key player are explained in the report.

Market Segmentation:

The demand for personal & domestic service robots were increased by 16% in 2015. In 2016, around 4 Mn units of personal service robots were sold, which includes vacuum cleaners, window cleaners & lawn mowers. Personal service robotics segment is a new market and is giving rise to different startups. Rising number of startups for this business is expected to contribute in the personal service robotics market growth.

Service robots for personal and domestic use are manufactured for a mass market with totally different pricing & marketing channels than professional service robots. The total number of service robots for personal and domestic use increased by 59% to about 16.3 Mn units in 2018. The value was up 15% to USD 3.66 Bn. This includes more than 12.2 Mn robots for domestic tasks. More than 11.6 million robot vacuum and floor cleaners were sold in 2018.

By Regions

• North America (U.S., Canada)
• Europe (U.K., Germany, France, Italy)
• Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea )
• Latin America (Brazil, Mexico, Argentina, Chile)
• Middle East & Africa (South Africa, Egypt, Saudi Arabia)

Market key players:

• Irobot
• KUKA AG
• Adept Technology
• Intuitive Surgical
• Nachi-Fujikoshi
• Yaskawa Electric Corporation
• General Electric
• Amazon Robotics
• Samsung Electronics Co. Ltd.
• Hasbro Inc.
• Ecovacs Robotics Inc
• ZMP Inc
• Hansol Robotics Corp.
• Neato Robotics Inc
• F&P Robotics AG
• Segway Inc.
• Honda Motor Co Ltd.

Some of the dominant key players in the Global Personal Service Robotics market are given below

High lights of the reports:

• The detailed study of the Global Personal Service Robotics market
• Key industry developments and key insights
• Significant marketing factors such as driver, restraints, opportunity, and challenges
• Number of significant companies and their revenue and net income
• Other market trends

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