Global Professional Service Robots Market is segmented by Application Type (Logistics, Healthcare, Military & Defense, Inspection & Maintenance, Customer Service, Field Robots, and Others), and by Region (North America, Europe, Asia-Pacific, and the Rest of the World).

Market Insights

According to this report, the professional service robots market was estimated at USD 22 billion in 2021 and is likely to grow at a CAGR of 36.27% during 2022-2028 to reach USD 200.18 billion in 2028.

The prime factors which are likely to drive the professional service robots’ market are innovations and development in 5G technology and AI chipsets, reduced human tasks at various workplaces, low operational expenses, and high Return on Investment (ROI).

Professional service robots are used for helping humans, rather than replacing them. Though these robots have arms, they are unable to perform heavy tasks that can be performed by most industrial robots. There has been a massive demand for these robots, as they offer several advantages, such as increased productivity, greater workplace safety, and streamlined process.

The methodology involves collecting and analyzing crucial data regarding products, and services offered in the market. This report assists the users to gain a better understanding of market developments and aids in business growth. This report is the result of a thorough analysis of customer spending habits, business target market, challenges, and competitors in the market.

Key players

Key players operating in the Professional Service Robots Market are-

• Boston Dynamics
• Cyberdyne Inc.
• Daifuku Co. Ltd
• GeckoSystems Intl. Corp.
• iRobot Corporation
• KUKA AG
• Northrop Grumman Corporation
• Ontario Drive & Gear Ltd
• Robert Bosch GmbH
• Softbank Robotics Group

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