Showing posts with label Global Service Robotics Market Overview. Show all posts
Showing posts with label Global Service Robotics Market Overview. Show all posts

Friday, January 18, 2019

Global Domestic Service Robots Market - Size and Trends to 2020: Ken Research

Internet of Things to spur the growth of Domestic Services Robots
Robots, especially humanoid robots are entertaining, engaging and perform useful functions. Robots are increasingly used in homes and are used in kitchens, vacuuming, doing laundry, cleaning drains and replacing domestic helps. Currently, consumers are carried away with entertainment robots where most of them perform less or no utility but just entertainment. The sale of entertainment robots also grew at rates higher than domestic robots. Most of these domestic bots use artificial intelligence.

The reasons of preferring domestic robots include better performance of tasks, high technology used in navigation for detecting obstacles, avoid collisions and other factors like marketplace dynamics, product pricing, consumer interest and safety standards. These robots apart from performing the tasks, have proven to be a status symbol and are constantly preferred by the younger population to use these robots which use internet of Things (IoT). A favoured feature of these robots is its ability to navigate and detect obstacles. The latest of the technology uses 360 - degree lasers and image sensors which enable these robots to move about smoothly into darker spaces.

Using Internet of things and connecting these robots to mobile phones is an additional expected feature that has spurred growth in the market. Low – power single chip Wi – Fi is expected to be the main source of connectivity. Currently the prices of these robots are high and is one of the key deterring factors for entry. Differentiation will lead to reduction in costs of production.

Ken Research’s Global Domestic Service Robots Market - Size and Trends to 2020 gives a detailed analysis on the domestic service robots in the global market. The report examines the worldwide market of domestic service robotics through a comprehensive research and analysis of information sources. This report provides market environments, qualitative analysis of market forces, quantitative studies of worldwide domestic service robots market by application field, and in-depth research of global geographic distribution of personal/household service robotics markets. In most analysis, historical statistics together with market outlook cover the 2012-2020 period. The report will help in making strategic business decisions. The top players in the global market are ECOVACS Robotics Co., Ltd., Future Robot Co., Ltd., Hanool Robotics Corp., Jibo, Mami Robot Co., Ltd., Maytronics Ltd., Robopolis SAS, Wany S.A., WowWee Group Limited, Gecko Systems Intl. Corp., IRobot Corporation, AB Electrolux, Fujitsu Ltd., Yujin Robot Co., Ltd., Robert Bosch GmbH, Iberobotics S.L and Neato Robotics, Inc.

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