What is Intelligent Service Robots?
Intelligent service robots are a type of robot that performs services useful to humans. The robots leverage advanced technologies like AI, ML, and natural language processing to interact with customers in a more human way. Service robots operate semi-autonomously or fully autonomously and are used to perform personal services and professional services. Industrial revolution 4 opened the door for technological advancements like AI, ML, etc., and the development of robots to perform various tasks and reduce the cost and improve production. Growing automation and increasing demand for RPA in various sectors to perform commercial tasks, speed up the work, and maintain consistency has accelerated the demand for professional service robots across the globe.
The market study is broken down by Type (Personal Service Robots and Professional Service Robots) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Intelligent Service Robots market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Miso Robotics (United States), Siemens (Germany), Keenon Robotics (China), iRobot (India), Engineered Arts (United Kingdom), CANVAS Technology (Amazon) (United States), Boston Dynamics (United States), Diligent Robotics Inc. (United States), PAL Robotics (Spain) and DJI (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Intelligent Service Robots market by Type, Application and Region.
On the basis of geography, the market of Intelligent Service Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Automation, the sub-segment i.e. Semi-Autonomous will boost the Intelligent Service Robots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Retail Stores will boost the Intelligent Service Robots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Research and Development of New Service Robots
- Increasing Demand for Intelligent Service Robots to Reduce Cost and Boost Flexibility
- Increased Demand for Professional Service Robots in Various Applications
- Increased Application of Intelligent Service Robots in Healthcare and Education Sector
- Very High Initial Cost and Maintenance of Service Robots
- Robots are Restricted to Their Programming
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Intelligent Service Robots Manufacturers, Suppliers & Distributors of Intelligent Service Robots, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply 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.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Miso Robotics (United States), Siemens (Germany), Keenon Robotics (China), iRobot (India), Engineered Arts (United Kingdom), CANVAS Technology (Amazon) (United States), Boston Dynamics (United States), Diligent Robotics Inc. (United States), PAL Robotics (Spain) and DJI (China) etc.
2. Can we have customized study for Intelligent Service Robots Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Intelligent Service Robots Market by 2026?
Analysts at AMA estimates Intelligent Service Robots Market to reach USD Million by 2026.