TMCnet News
Global Service Roboticsmarket Forecast 2017-2025NEW YORK, July 20, 2017 /PRNewswire/ -- KEY FINDINGS REGIONAL INSIGHTS The global service robotics market is divided into 4 major regions, namely the North America, Europe, Asia-Pacific and Rest of the world. North America currently holds the highest share of the market with 39.84% owing to the growing demand from the defense sector. However, it is the Asia-Pacific market which is expected to show the fastest growth during the forecasted period, because of the presence of major companies like Honda Motor Co. ltd., Fujitsu Ltd, Toyota and Sony Corporation. The rising sales of service robotics in India coupled with the existing flourishing markets in China, Japan, and South Korea are propelling the market growth in this region. COMPETITIVE INSIGHTS Some of the top players in the market include Gecko Systems International Corporation, Sony Corporation, Cyberdyne, Inc., Aerovironment, Inc and iRobot Corporation. Most of these companies are undertaking strategies such as partnership, contracts, merger & acquisition, agreements, new product launch, etc in order to gain a competitive edge over other companies. For example, "iRobot" which mostly operates in domestic robotics, has made an acquisition of "Sales on Demand Corporation", a distribution business in order to strengthen the company's distribution network. Read the full report: http://www.reportlinker.com/p05001364/Global-Service-Roboticsmarket-Forecast.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/global-service-roboticsmarket-forecast-2017-2025-300492010.html SOURCE Reportlinker |