TMCnet News
Global Personal Domestic Service Market 2015-2019 - Market to grow at a CAGR of 22.65% with iRobot, LG Electronics, Samsung Electronics & Yujin Robot DominatingDUBLIN, Nov. 26, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/rbpz2r/global_personal) has announced the addition of the "Global Personal Domestic Service Market 2015-2019" report to their offering. The global personal/domestic service robotics market to grow at a CAGR of 22.65% over the period 2015-2019. The report presents the vendor landscape and a corresponding detailed analysis of the key market vendors. Also, the report discusses the major drivers that influence the growth of the market and the challenges faced by vendors and the market at large. The report also outlines the key trends that are emerging in the market, which are expected to contribute to the growth of the market during the forecast period. The increased R&D in robotics has resulted in a focus on the creation of robots with more artificial intelligence. Robotic manufacturers are trying to develop more humanoid robots that have advanced technologies and can emotionally connect with humans and act as good companions. They are attempting to incorporate more artificial intelligence into robots for better human understanding capability. Many robotic companies are trying to develop and commercialize robots with high artificial intelligence. Accoding to the report, the development of the robotics field has led to a widening of the scope of robotic applications. Previously, household use of robotic vacuum cleaning was a major area of application for domestic/personal service robots. Demand for robots in personal assistance, especially for consumers with disabilities, transportation purposes, and surveillance and security purposes have increased over the years. The aging population globally is considered to be one of the major driving factors for personal assistance robots. Further, the report states that the need for high initial investments toward the design and development of robotic components by vendors especially in the personal service segment is affecting the market. To calculate the market size, the report considers revenue generated from the sales of the following types of personal robots:
Key vendors
Other prominent vendors
Key Topics Covered: Part 1: Executive summary Part 2: Scope of the report Part 3: Market research methodology Part 4: Introduction Part 5: Market landscape Part 6: Market segmentation by application Part 7: Geographical segmentation Part 8: Market drivers Part 9: Impact of drivers Part 10: Market challenges Part 11: Impact of drivers and challenges Part 12: Market trends Part 13: Vendor landscape Part 14: Key vendor analysis Part 15: Appendix For more information visit http://www.researchandmarkets.com/research/rbpz2r/global_personal Media Contact: Laura Wood, +353-1-481-1716, [email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-personal-domestic-service-market-2015-2019---market-to-grow-at-a-cagr-of-2265-with-irobot-lg-electronics-samsung-electronics--yujin-robot-dominating-300184842.html SOURCE Research and Markets |