Global Personal Services Robotics Market, By Component (Hardware, Software), By Application (Cleaning Robot, Entertainment & Toy Robot, Education Robot, Handicap Assistance Robot, Companion Robot, Personal Transportation Robot, Security Robot) - Forecast 2022
Market Scenario:
Personal robots are basically pre-assembled and pre-programmed robots which are used for personal and household applications. The personal robots is designed in such fashion that consumers with less robotic knowledge can operate it effectively and conveniently. The major opportunity witnessed in the field of personal robots industry is due to low-cost cleaning robots.
The factor contributing to the growth of the personal services robotics is aging population in the developed countries. Also, due to the growing aging population in developed countries such as Japan, the demand for humanoid robots is high among the adults. High disposable income and the need for convenience in the developed countries are also boosting the demand of personal service robots.
The declining price of personal robots is encouraging the budget-conscious customers to purchase them. Due to the competitive pricing of raw material the average cost of personal robots has declined over the last few years. This decline in prices of raw material had a significant impact on the overall manufacturing of personal service robots. However, still the personal robots are only be afforded by the higher economic class which acts as a barrier for the growth of the personal services robotics market.
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The increasing demand for mobile robots has been increasing due to security concerns. These robots are not fixed to only one physical location they are capable of locomotion. For instance, these robots can be applied for spying to detect theft.
Geographically, North America accounted to have for the largest market share in the global personal service market followed by Europe whereas Asia Pacific region is expected to grow at a fast pace over the forecast period 2019-2022.
The global Personal Service Robotics Market is expected to reach USD 35 billion by the end of 2022 with ~38% CAGR during forecast period 2019-2022
Key Players
The key players of global personal service robotics market report include Honda Motor Co Ltd. (Japan), Ecovacs Robotics Inc (China), Samsung Electronics Co. Ltd. (Korea), F&P Robotics AG (Switzerland), Hanool Robotics Corp. (Korea), ZMP Inc (Japan)., Segway Inc.(U.S.), Neato Robotics Inc (U.S.)., Hasbro Inc.(U.S.), iRobot Corporation (U.S.) and others.
Segments
The Market of Personal Service Robotics Has Been Segmented into Application and Region.
By Component:
- Hardware
- Software
By Application-
- Cleaning Robot
- Entertainment & Toy Robot
- Education Robot
- Handicap Assistance Robot
- Companion Robot
- Personal Transportation Robot
- Security Robot
Out of these applications, cleaning robot accounted for the largest market share majorly due to the increasing demand of humanoid robots among the adults.
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Regional Analysis:
Regionally, North America accounted for the largest market share for personal service robots, especially in U.S. because of high disposable income and adoption of modern technologies.
Asia-Pacific region is expected to grow over the forecast period, 2019-2022 because of growing demand for humanoid robots in Japan, the growing population and high investments for technological advancements.
Intended Audience
- Personal service robot manufacturers
- Distributors
- Research firms
- Consultancy firms
- Software Developers
- Vendors
- Semiconductor Manufacturers
- Stakeholders
- End-user sectors
- Technology Investors
LIST OF TABLES
Table 1 Global Personal Service Robotics Market, By Application
Table 2 Global Personal Service Robotics Market, By Component
Table 3 Global Personal Service Robotics Market, By Geography
Table 4 North America Personal Service Robotics Market, By Application
Table 5 North America Personal Service Robotics Market, By Component
Continued…….
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LIST OF FIGURES
Figure 1 Research Service
Figure 2 Global Personal Service Robotics Market, By Application (%)
Figure 3 Global Personal Service Robotics Market, By Component (%)
Figure 4 Global Personal Service Robotics Market, By Regions (%)
Figure 5 North America API Management, By Country (%)
Continued……..
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Global Personal Services Robotics Market, By Component (Hardware, Software), By Application (Cleaning Robot, Entertainment & Toy Robot, Education Robot, Handicap Assistance Robot, Companion Robot, Personal Transportation Robot, Security Robot) - Forecast 2022 According to Market Research Future Analysis, Personal Service Robotics Market has been valued at USD ~35 billion by 2022 growing with ~38% of CAGR during forecast period 2019 to 2022.The growing aging population in the developed countries, the demand for humanoid robots, high disposable income and the need for convenience in the developed countries are boosting the overall growth of the personal service robotics market.
The pre-assembled and pre-programmed robots are known as personal robots which are designed in such a way that consumers with less robotic knowledge can operate it effectively and conveniently.
The decline in prices of personal robots is encouraging the budget-conscious customers to purchase and the growing security concerns and increasing need of mobile robots are driving the overall growth of the market.
Request Free Sample @ https://www.marketresearchfuture.com/sample_request/2457 The key players of global personal service robotics market report include Honda Motor Co Ltd. (Japan), Ecovacs Robotics Inc (China), Samsung Electronics Co. Ltd. (Korea), F Robotics AG (Switzerland), Hanool Robotics (Korea), ZMP Inc (Japan)., Segway Inc.(U.S.), Neato Robotics Inc (U.S.)., Hasbro Inc.(U.S.), iRobot Corporation (U.S.) and others.
Also, the bipedal walking robot is another type of walking robot and these robots have good walking speed.
According to Market Research Future Analysis, the Personal Service Robotics Market has been segmentedon the basis of application and region.By Component-HardwareSoftware By Application-Cleaning RobotEntertainment & Toy RobotEducation RobotHandicap Assistance RobotCompanion RobotPersonal Transportation RobotSecurity RobotOut of these applications, cleaning robot accounted for the largest market share majorly due to the increasing demand of humanoid robots among the adults.
Global Artificial Neural Network Market Research Report: By Type (Feedback Artificial Neural Network, Feedforward Artificial Neural Network, Other), by Component (Software, Services, Other), by Application (Drug Development, Others) – Forecast Till 2023Market HighlightsAn artificial neural network is a form of artificial intelligence which is based on the structure and functions of human neural networks.
The artificial neural network software can be used for medical research, drug development, clinical diagnosis of various diseases, and interpretation of clinical imaging techniques, among others.Avail a Free Sample@ https://www.medgadget.com/2020/09/artificial-neural-network-market-2020-2023-global-trends-covid19-impact-growth-factors-analysis-research-report-and-outlook.html However, slow digitization across emerging regions and reluctance among healthcare professionals to adopt artificial intelligence-based technologies are some factors that can hinder the growth of the market during the forecast period.Regional AnalysisSegmentationThe global artificial neural network market has been segmented into type, component, and application.The market, on the basis of type, has been segmented into feedback artificial neural network, feedforward artificial neural network, and others.The market, by component, has been segmented into software, services, and platform.The global artificial neural network market, by application, has been segmented into clinical diagnosis and prognostics, image analysis and interpretation, bioelectric signal analysis and interpretation, drug development, and others.Access Report Details @ https://www.marketresearchfuture.com/reports/artificial-neural-network-market-6287Global Artificial Neural Network Key PlayersSome of the prominent players in the global artificial neural network market are Starmind International AG, Neural Technologies Limited, SwiftKey, Afiniti, Ward Systems Group, Inc., SAP SE, NeuroDimension, Inc., Alyuda Research, LLC., Google Inc., Neuralware, Qualcomm Technologies, Inc., Intel Corporation, Microsoft Corporation, IBM Corporation, and Oracle Corporation.
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Market Analysis The mobile robotics market will grow at a healthy 17.15% CAGR between the forecast period 2018- 2023, states the recent Market Research Future (MRFR) analysis.
Mobile robotics is the branch of technology and science where developers make mobile robots that can move in all environments sans the need for human intervention.
According to the recent MRFR market estimates, such factors include the growing need for safety of life, demand from online retailers, the emergence of industry 4.0 into warehousing and logistics, advancements in technology, rising adoption in the agricultural sector, demand for intelligent robots, increasing adoption in machine learning, booming e-commerce sector, rising internet penetration, demand for automation solutions, and trend of online shopping.
On the contrary, lack of awareness among small scale industries of emerging technology, high cost of tools and equipment, scarcity of skill sets, challenges faced by mobile robots while working in untested environments, and the impact of the COVID-19 pandemic may deter the global mobile robotics market growth over the forecast period.
By navigation type, the mobile robotics market is segmented into autonomous underwater vehicles (AUVs), unmanned surface vehicles (USVs), unmanned aerial vehicles (UAVs), and unmanned ground vehicles (UGVs).
Based on application, the mobile robotics market is segmented into education and research, domestic household tasks, entertainment, security and surveillance, inspection and maintenance, and others.
The market is increasing substantially owing to the expansion of the industrial segment coupled with the massive advancements in Industrial Internet of Things (IIoT).
The application of mobile robotics in personal household, oceanic exploration, space exploration, automotive and warehousing expected to further the market share in the upcoming years.Key PlayersThe prominent players in the market of global Mobile Robotics Market are – iRobot Corporation (US), Honda Motor Co., Ltd. (Japan), Denso Corporation (Japan), KUKA Robotics Corporation (Germany), Northrop Grumman Corporation (US), Harvest Automation (US), FANUC Ltd (Japan), Epson America, Inc., (US), Universal Robots (Denmark) and Yaskawa Motoman Robotics (US)The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio.
There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.Regional Insights:The region-wise analysis of the market encompasses regions such as Europe, Asia Pacific, North America, and the rest of the world.
Furthermore, the governments in the US, Mexico, and Canada are advancing to inspire the acceptance of mobile robotics in the aerospace & defense sector.
Also, the North American region is experiencing a high implementation of mobile robotics for home uses such as lawn mowing, vacuum & floor cleaning, and others.
The Asia Pacific region holds the next major market for mobile robotics sowing to the rising industrialization and manufacturing actions in this region.
Market Synopsis The data experts at Market Research Future Reports (MRFR), the Global Food Storage Container Market is projected to thrive at a CAGR of 4.19% during the assessment period.
The increasing concern regarding the environment is anticipated to be an important factor driving the global food storage container market 2020.
In addition, the increased demand for perishable products such as dairy products and meat has posed several opportunities for expansion.Moreover, the stern rules executed by the government towards protecting the environment and monitoring greenhouse emissions is projected to be another factor leading to market expansion.
However, factors such as changing customer preference are likely to impede the market growth.
The halt caused in business operations is estimated to bring a considerable impact on market revenue.
We will provide an impact analysis report on COVID-19.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/7725Market SegmentationThe global food storage container market can be distinguished on the basis of material, product, application, type, and geography.On the basis of material, the global food storage container market can be distinguished into glass, paper & paper boards, plastic, metal, and othersOn the basis of product, the global food storage container market can be distinguished into pouches, bags, containers, and othersOn the basis of application, the global Food Storage Container Market can be distinguished into dairy products, fruits & vegetables, meat products, baked and confectionery, and frozen foods.On the basis of type, the distinguished food storage container market can be segmented into rigid and flexible packaging.On the basis of geography, the distinguished food storage container market can be segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).Regional AnalysisThe geographical evaluation of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been performed.
