Global Social Robots Market Report (2022 to 2027) – Industry Trends, Share, Size, Growth, Opportunities and Forecast – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The report “Social Robots Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.
The global social robot market size reached US$2.6 billion in 2021. Looking ahead, the publisher expects the market to reach US$13.3 billion by 2027, showing a CAGR of 31.26% in 2021-2027.
Bionik Corp Laboratories.
Blue Frog Robotics SAS
Blue Ocean Robotics ApS
Furhat Robotics AB
Intuition Robotics Ltd
Motorika USA Inc.
MOVIA Robotics Inc.
SoftBank Robotics (SoftBank Group).
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on the various end-use industries. This information is included in the report as a major market contributor.
Social robots are physically embodied autonomous robots used to conduct natural, interpersonal interactions with individuals. They consist of control systems, manipulators, transmissions, body and chassis. They are widely used in shopping malls, workplaces, and personal environments to perform functions such as reception, lifting and moving materials, and customer service.
Social robots can be controlled via remote control and are also used for employee training, medical screening, recruitment, educational assistance and travel concierge. They improve safety, speed, productivity and help create an engaging, interesting and meaningful interactive environment for children. As a result, social robots are widely used in various industries, such as education, healthcare, and entertainment.
Significant growth in the healthcare industry across the globe is one of the key factors creating a positive outlook for the market. Social robots are widely adopted in hospitals and health centers to facilitate the treatment of diseases such as cerebral palsy.
Moreover, the widespread adoption of the products in the banking, financial services and insurance (BFSI) industry is driving the growth of the market. BFSI institutions are deploying social bots for functions such as tutoring, answering banking questions, and engaging customers.
Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML) solutions, are driving the growth of the market. These technologies assist robots in navigation, object identification and independent interaction.
In this light, the growing demand for products in utilities is having a positive impact on the growth of the market. Social bots are used for traffic management, telepresence, surveillance, queue management and ensuring social distancing. Other factors including the growing need for automation and digitalization across all industries along with the widespread use of the products in the education sector as peer tutors or learners are expected to drive the market towards growth .
Answers to key questions in this report:
How has the global social robot market behaved so far and how will it behave in the coming years?
What has been the impact of COVID-19 on the global social robot market?
What are the main regional markets?
What is the market breakdown by component?
What is the shattering of the technology-based market?
What is the market breakdown by end-use industry?
What are the different stages of the industry value chain?
What are the industry drivers and key challenges?
What is the structure of the global social robot market and who are the key players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Social Robots Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Component
7 Market Breakdown by Technology
8 Market Breakdown by End-Use Industry
9 Market Breakdown by Region
10 SWOT Analysis
11 Value chain analysis
12 Analysis of the five forces of carriers
13 Price Analysis
14 Competitive Landscape
14.1 Market structure
14.2 Major Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/t9dwnh