The newly released Personal Service Robotics Market report from Goldstein Research, a leading market intelligence & consulting firm, indicates that this market will continue to expand and be worth more than USD 21.0 billion by 2024 growing at 28% CAGR This study forecasts sales volume of domestic robots to reach over 55 million units by 2024. The increase in market is attributed to the growing demand for robots which are skilled in accomplishing tedious household task and increasing investment on research & development of personal service robots for assistance in various applications by key market players.
According to report authors, domestic or household robots occupied 67% market share to total sales of personal service robots in 2016. Key market players such as iRobot Corporation, Ecovacs, Future Robots & Hanool Robotics are spending on research and developments for offering innovative personal service robots for assistance in various applications. Moreover, leading vendors are investing in robots to enable various learning methods and are offering smart learning robots and expanding their product portfolio. These innovations are positively contributing in the growth of personal service robotics market.
The above mentioned findings are abstract from the study, conducted by Goldstein Research, using an objective combination of primary and secondary information including inputs from key participants in the industry. A systematic approach in order to estimate and project the market sizing has been followed keeping in mind all the on-going and upcoming trends of the market.
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“Global Personal Service Robotics Market Outlook 2024” contains detailed overview of the global personal service robotics market. It highlights the competitive outlook of players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis will facilitate decision-making based on strong historic and forecast data for Anticoagulation Therapy Market.
Major players of this market discussed in the report are- iRobot Corporation- Ecovacs, Future Robots, Gecko Systems, Hanool Robotics and Hayward Industries
Further, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
For any enquiry about the report and for specific requests, contact us @ www.goldsteinresearch.com/contact-us
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on hardware & ICT market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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