The global service robotics market is expected to reach USD 15.69 billion by 2020, according to a new study by Grand View Research, Inc. Government initiatives and investments supporting development of service robotics in countries such as Japan and U.S. is expected to favorably impact market growth. Extensive use in defense and military applications, coupled with a projected steady demand from these domains is expected to drive the service robotics market over the forecast period.
Capability of service robots to offer sustainable medical provision without affecting quality of care has made healthcare a lucrative field for service robotics. Reluctance of substituting manual labor with service robots in traditional field operations is expected to pose a challenge to market growth. To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/service-robotics-industry Further key findings from the study suggest:
Service Robotics Application Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2020) • Professional Robots • Defense • Field • Medical • Logistics • Mobile Platforms • Underwater Systems • Construction & Demolition • Others • Personal Robots • Entertainment • Household Service Robotics Regional Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2020) • North America • Europe • Asia Pacific • RoW About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Webiste: http://www.grandviewresearch.com/
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