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Global All-terrain Service Robots Market 2018-2022| Improvements in Machine Vision Systems to Drive Growth| TechnavioTechnavio analysts forecast the global all-terrain service robots market to grow at a CAGR of almost 20% during the period 2018-2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180910005715/en/ 
Technavio has published a new market research report on the global all-terrain service robots market from 2018-2022. (Graphic: Business Wire) The improvements in machine vision systems are one of the major trends being witnessed in the global all-terrain service robots market. To sustain their positions in this market, vendors are constantly focusing on advancing their product offerings through improving machine vision systems used in their all-terrain service robots. A major field of innovation and improvement that is expected to affect the capabilities of all-terrain service robots is LiDAR. The use of enhanced vision systems will greatly help in applications such as bin picking. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Global all-terrain service robots market: Increase in demand from the defense and military sectors The countries across the globe are increasing their defense budgets to enhance their defense capabilities, which is expected to boost the market growth during the forecast period. All-terrain robots possess the capability to change the way the defense operations are conducted through the early detection of threats, particularly in areas where sending human personnel would be of risk. According to a senior research analyst at Technavio, "The increased demand for cost-effective solutions is a key factor promoting the growth of the market. These robots help in cost-cutting and do not require much human intervention for maintenance and charging as they do not require a massive staff and infrastructure for support. The other advantages of these robots are their high deployment time and low cost of ownership and operation." Global all-terrain service robots market: Segmentation analysis The global all-terrain service robots market research report provides a detailed segmentation of the market by product (services and software), by end-user (defense and military, mining, and agriculture), and by region (the Americas, APAC, and EMEA). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges. Of the three major end-users, the defense and military segment held the largest market share in 2017, contributing to around 66% of the market. This end-user segment will dominate the global market throughout the forecast period. EMEA held the largest share of the market in 2017, accounting for close to 45% share. It was followed by the Americas and APAC respectively. EMEA is expected to dominate the market during the period 2018-2022. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more. Some of the key topics covered in the report include: Market Landscape
Market Sizing
Five Forces Analysis Market Segmentation Geographical Segmentation
Market Drivers Market Challenges Market Trends Vendor Landscape
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180910005715/en/ |
