PUBLISHER: Value Market Research | PRODUCT CODE: 1547442
PUBLISHER: Value Market Research | PRODUCT CODE: 1547442
The global demand for Professional Services Robots Market is presumed to reach the market size of nearly USD 1497.37 Billion by 2032 from USD 66.18 Billion in 2023 with a CAGR of 41.42% under the study period 2024-2032.
'Professional service robots are installed in non-manufacturing operations to perform useful tasks for humans or equipment, excluding industrial automation applications. A properly trained operator usually operates it. Few examples of professional services robots are cleaning robots for public places, the delivery robot in offices or hospitals, fire-fighting robots, rehabilitation robots, and surgery robots in hospitals. They work in a quasi-structural environment created by humans for their purposes. Professional services robots have made their way in many industries and sectors, including defense, construction, agricultural, retail, healthcare, food production logistics, among others.
The global professional services robots market is estimated to witness tremendous growth in the coming years. Professional services robots are gaining robust popularity. It is among the fastest-growing segments of the robotics industry. The professional services robots market is projected to grow at a double-digit growth rate attributed to the factors such as increasing deployment of automated technology in the working environment, lack of a skilled workforce, increased investments in R&D, new advancement in 5G telecom services, and AI chips, and growing awareness about the benefits of using professional service robots. Professional service robots deliver improved usability, delivery of high quality and accurate services, reduced operational costs, reliability, and less or no scope for errors. However, some obstacles hinder the market growth of professional services robots, such as human safety concerns and high initial investments. '
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Professional Services Robots. The growth and trends of Professional Services Robots industry provide a holistic approach to this study.
This section of the Professional Services Robots market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Professional Services Robots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Professional Services Robots market include Daifuku Co. Ltd., Northrop Grumman Corporation, IRobot Corporation, Kuka AG, Robert Bosch GmbH. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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