Product ID: SQMIG45J2161
Report ID:
SQMIG45J2161 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
59 |
Figures:
75
Global Service Robotics Market size was valued at USD 19.76 billion in 2022 and is poised to grow from USD 23.04 billion in 2023 to USD 78.72 billion by 2031, at a CAGR of 16.60% during the forecast period (2024-2031).
Service robotics are now more enticing thanks to developments in cognition, interface, and manipulation technology. The advancement of the robotics ecosystem has been greatly aided by the development of technology and other component suppliers.
A huge market for service robotics is being created in the Asia-Pacific area as a result of the region's ageing population, which is driving expansion in the medical technology industry in nations like China and Japan. Service robots are used for domestic tasks including vacuuming and floor cleaning, helping the elderly, and providing entertainment.
Ageing populations in Asia-Pacific nations like China and Japan are fueling the rise of the medical technology industry and opening up a sizable market for service robots. The COVID-19 epidemic will only accelerate the deployment of service robots for carrying out numerous functions like contactless delivery, disinfecting, providing food and medicine, and helping border procedures. As a result, the market is anticipated to see several deployments, particularly in the healthcare industry. Additionally, robots are essential in the fight against the SARS-CoV-2 coronavirus.
US Service Robotics Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Product ID: SQMIG45J2161