Covid 19 Pandemic: Service Robotics Market 2020 to Witness Astonishing Growth by 2026

Research report on global Service Robotics market 2020 with industry primary research, secondary research, product research, size, trends and Forecast.

The report presents a highly comprehensive and accurate research study on the global Service Robotics market. It offers PESTLE analysis, qualitative and quantitative analysis, Porter’s Five Forces analysis, and absolute dollar opportunity analysis to help players improve their business strategies. It also sheds light on critical Service Robotics Market dynamics such as trends and opportunities, drivers, restraints, and challenges to help market participants stay informed and cement a strong position in the industry. With competitive landscape analysis, the authors of the report have made a brilliant attempt to help readers understand important business tactics that leading companies use to maintain Service Robotics market sustainability.

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Global Service Robotics Market to reach USD 36.7 billion by 2025.

Global Service Robotics Market valued approximately USD 11.8 billion in 2017 is anticipated to grow with a healthy growth rate of more than 15.25% over the forecast period 2018-2025.

The Service Robotics is referred to an independent source of electrical energy which has its utility to support the pivotal electrical systems during the loss of normal supply of power during specific time period. The Service Robotics system mainly consists of standby generators which include both gas generators and diesel generators along with other apparatus. The Service Robotics system are primarily utilized and deployed to prevent the power outages in the events such as sports events and concerts that occurs from the main circuits of power supply. The drivers of Service Robotics market include rising demand for power, lack of power infrastructure and reduced turnaround time. The Service Robotics market is mainly driven enhancing demand for power mainly by the developing countries such as India, China and Brazil which are emerging manufacturing hubs. The automotive and healthcare sector has occupied dominant share in the Asia-pacific region. The production and manufacturing process require constant supply power for assembly line operations. The Service Robotics has varied applications in many fields as they are used in ships and cruises in marine, telecommunication equipment, scientific laboratories, data centers and hospitals. These Service Robotics systems can also be dependent on hydrogen fuel cells, deep cycle batteries and flywheel energy storage. On many occasions, the primary source of power is lost owing to top grid wide failure, inclement weather conditions, substation malfunction and planned blackouts. In the present scenario, the emergency power systems considering commercial spaces are mostly equipped with generators. Mostly, these generators are operated through diesel engine. However, the small building and residential spaces mostly employ gasoline driven generators and large spaces deploy gas turbine generators.

The North America region is anticipated to dominate the Service Robotics market on the global scenario. The North America region is primarily driven by rise in the power demand and capacity expansion plans by the organizations such as caterpillar and trinity power rentals. The Asia-Pacific region is anticipated to be the fastest growing considering Service Robotics market owing to escalating industrialization & enhancing demand focusing on continuous power mainly by the sectors which include automobile and healthcare considering the forecasted period. The automobile industry is the largest in terms of manufacturing and production considering the Asia-Pacific region. China is the dominant country considering the manufacturing and production of vehicles which is followed by Japan and India. The constant up surge in the manufacturing of vehicles from the automotive sector which includes both the commercial and passenger vehicles is fuelling the demand for the constant power supply in the utilities. The development of the smart cities in India & growing urbanization is also supporting the adoption and growth of Service Robotics solutions in the Asia-Pacific region. The North America Service Robotics market is mainly driven by factors which include natural calamities and aging grid infrastructure that causes frequent power cuts and outrages. Moreover, the manufacturing and construction industry is significantly rising & recovering from the slowdown that occurred in the year 2016 and is expected to fuel the demand for rental power solutions. In the Middle East region, Saudi Arabia is anticipated to be the fastest growing country considering the Service Robotics market. The Saudi Arabia is on the up-surging trend owing to expanding infrastructure, high demand for electricity and enhancement in the construction activities is which are paving way for growth & development of Service Robotics market in the country. The generators used for both standby and prime purposes in Saudi Arabia & are fully independent on grid connectivity.

The regional analysis of Global Service Robotics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

The Companies included in the market are as follows:

oAdept Technology Inc

oAethon Inc

oBluefin Robotics

oDJI

oDelaval International AB

oECA Group

oGeckoSystems Intl. Corp

oIRobot Corporation

oKuka AG

oIntuitive Surgical Inc

oParrot S.A.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Power Rating:

oDefense, Security & Rescue Service Robotics

oField Robots Service Robotics

oMedical Service Robotics

oMarine Service Robotics

oLogistics Service Robotics

oTelepresence Service Robotics

oInspection & Maintenance Service

oEntertainment Service Robotics System

oEducation & Research Service Robotics

By Operating Environment:

oAerial

oGround-Based

oMarine

By Regions:

oNorth America

oU.S.

oCanada

oEurope

oUK

oGermany

oAsia Pacific

oChina

oIndia

oJapan

oLatin America

oBrazil

oMexico

oRest of the World

Furthermore, years considered for the study are as follows:

Historical year “ 2015, 2016

Base year “ 2017

Forecast period “ 2018 to 2025

Target Audience of the Global Service Robotics Market in Market Study:

oKey Consulting Companies & Advisors

oLarge, medium-sized, and small enterprises

oVenture capitalists

oValue-Added Resellers (VARs)

oThird-party knowledge providers

oInvestment bankers

oInvestors

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Table of Contents:

Study Coverage: It includes study objectives, years considered for the research study, growth rate and Service Robotics market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Service Robotics market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

Service Robotics Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.

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