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MarketsandMarkets: Global Service Robotics Market Worth U.S. $21 Billion by 2014
DALLAS, May 10, 2010-- According to a new market research report, 'Global Service Robotics
Market (2009 - 2014)', published by MarketsandMarkets
(http://www.marketsandmarkets.com), the total global service robotics market
is expected to be worth US$21 billion by 2014, out of which the Asia market
will account for nearly 35% of the total revenues. The global market is
expected to record a CAGR of 49.6% from 2009 to 2014.
Browse in-depth TOC on Service Robotics Market.
Early buyers will receive 10% customization of reports.
http://www.marketsandmarkets.com/Market-Reports/service-robotics-technolo
gies-and-global-market-80.html
(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field.
Remove the space if one exists.)
Increasing ageing population concerns are driving the need for domestic
and personal service robots. Efficient and advanced robots with lower power
consumption are the need of the hour.
In personal service robotics market, domestic robotics market is the
largest segment; and is expected to reach US$1.97 billion by 2014 at a CAGR
of 52%. The high market size of domestic robots is mainly due to demand of
robots for assistance in household tasks and to act as a companion. The
entertainment market is estimated to be $1.85 billion in 2014. Defense,
security and surveillance robots cover the large segment of the professional
service robotics market. However, they are expected to be taken over by field
robots by 2014.
Ageing population and continuous research has made Asia the dominant
player in the service robotics market. In 2009, the market share is estimated
to be 52% with a size of $3.7 billion. Europe is expected to have the
second-highest market for service robots. However, a large consumer base of
domestic robots in the U.S. and Europe makes them the most attractive market
for vacuum cleaners and other domestic products.
Analyst Briefing Presentation on the Global Service Robotics market to be
held on 8th June
The Advanced material at MarketsandMarkets is pleased to announce its
Analyst Briefing Presentation on the Global Service Robotics market to be
held on 8th June.
To register your participation, please click here
http://www.marketsandmarkets.com/AnalystBriefing/service-robotics.asp
About us
MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500
companies across the world. MarketsandMarkets also provides multi-client
reports, company profiles, databases, and custom research services.
M&M covers thirteen industry verticals, including advanced materials,
automotive and transportation, banking and financial services, biotechnology,
chemicals, consumer goods energy and power, food and beverages, industrial
automation, medical devices, pharmaceuticals, semiconductor and electronics,
and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by
providing apt business insight with our huge market intelligence repository.
To know more about us and our reports, please visit our website
http://www.marketsandmarkets.com
Contact:
Ms. Sunita
7557 Rambler road
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
Email: sales@marketsandmarkets.com
Site: http://www.marketsandmarkets.com
Blog: http://marketsandmarkets.wordpress.com/
Source: MarketsandMarkets
Ms. Sunita, 7557 Rambler road, Suite 727, Dallas, TX 75231, Tel: +1-888-989-8004, Email: sales@marketsandmarkets.com
MarketsandMarkets: Global Service Robotics Market Worth U.S. $21 Billion by 2014
DALLAS, May 10, 2010-- According to a new market research report, 'Global Service Robotics
Market (2009 - 2014)', published by MarketsandMarkets
(http://www.marketsandmarkets.com), the total global service robotics market
is expected to be worth US$21 billion by 2014, out of which the Asia market
will account for nearly 35% of the total revenues. The global market is
expected to record a CAGR of 49.6% from 2009 to 2014.
Browse in-depth TOC on Service Robotics Market.
Early buyers will receive 10% customization of reports.
http://www.marketsandmarkets.com/Market-Reports/service-robotics-technolo
gies-and-global-market-80.html
(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field.
Remove the space if one exists.)
Increasing ageing population concerns are driving the need for domestic
and personal service robots. Efficient and advanced robots with lower power
consumption are the need of the hour.
In personal service robotics market, domestic robotics market is the
largest segment; and is expected to reach US$1.97 billion by 2014 at a CAGR
of 52%. The high market size of domestic robots is mainly due to demand of
robots for assistance in household tasks and to act as a companion. The
entertainment market is estimated to be $1.85 billion in 2014. Defense,
security and surveillance robots cover the large segment of the professional
service robotics market. However, they are expected to be taken over by field
robots by 2014.
Ageing population and continuous research has made Asia the dominant
player in the service robotics market. In 2009, the market share is estimated
to be 52% with a size of $3.7 billion. Europe is expected to have the
second-highest market for service robots. However, a large consumer base of
domestic robots in the U.S. and Europe makes them the most attractive market
for vacuum cleaners and other domestic products.
Analyst Briefing Presentation on the Global Service Robotics market to be
held on 8th June
The Advanced material at MarketsandMarkets is pleased to announce its
Analyst Briefing Presentation on the Global Service Robotics market to be
held on 8th June.
To register your participation, please click here
http://www.marketsandmarkets.com/AnalystBriefing/service-robotics.asp
About us
MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500
companies across the world. MarketsandMarkets also provides multi-client
reports, company profiles, databases, and custom research services.
M&M covers thirteen industry verticals, including advanced materials,
automotive and transportation, banking and financial services, biotechnology,
chemicals, consumer goods energy and power, food and beverages, industrial
automation, medical devices, pharmaceuticals, semiconductor and electronics,
and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by
providing apt business insight with our huge market intelligence repository.
To know more about us and our reports, please visit our website
http://www.marketsandmarkets.com
Contact:
Ms. Sunita
7557 Rambler road
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
Email: sales@marketsandmarkets.com
Site: http://www.marketsandmarkets.com
Blog: http://marketsandmarkets.wordpress.com/
Source: MarketsandMarkets
Ms. Sunita, 7557 Rambler road, Suite 727, Dallas, TX 75231, Tel: +1-888-989-8004, Email: sales@marketsandmarkets.com