Smart Robots Market to Witness Demand Growth in the Years to Come, States MarketsandMarkets in Its Research Report Available at MarketPublishers.com

Topical report "Smart Robots Market by Component (Software, Hardware), Application (Collaborative Industrial Robots, Personal Service Robots, Professional Service Robots), by Geography (North America, Europe, APAC, RoW) - Analysis & Forecast to 2020" prepared by MarketsandMarkets is available at MarketPublishers.com.

London, UK (PRWEB) August 17, 2015

Designed to carry out operations without direct human intervention, smart robots are currently recognized as the autonomous robotic systems popular in different application areas from industrial to personal ones. Nowadays, the smart robots are extensively used for personal applications, e.g. vacuum cleaning, elderly assistance, robotic pets; it is attributed to the significant growth of the urban population and increased per capita income.

Today, the global smart robots market is highly driven by the growing healthcare sector; rising demand for robots from e-commerce companies; developing domestic service market, etc. On the other hand, the market growth is limited by slow rate of commercialization and high cost of research and development. Despite that, the smart robots market size is anticipated to be worth over USD 2 billion by 2020. In terms of regional leadership, the global smart robots market is predicted to be led by North America.

iRobot Corporation (U.S.), DeLaval (Sweden), Lely (The Netherlands), KUKA AG (Germany), Amazon (U.S.) Honda (Japan), Kongsberg Maritime (Norway), Google Inc. (U.S.) are amid the top vendors in the world market for smart robots.

Topical research report "Smart Robots Market by Component (Software, Hardware), Application (Collaborative Industrial Robots, Personal Service Robots, Professional Service Robots), by Geography (North America, Europe, APAC, RoW) - Analysis & Forecast to 2020" prepared by MarketsandMarkets has been recently published at MarketPublishers.com.

Report Details:

Title: Smart Robots Market by Component (Software, Hardware), Application (Collaborative Industrial Robots, Personal Service Robots, Professional Service Robots), by Geography (North America, Europe, APAC, RoW) - Analysis & Forecast to 2020
Published: July, 2015
Pages: 143
Price: US$ 4,650.00
https://marketpublishers.com/report/it-technology/hardware/smart-robots-market-by-component.html

The in-demand research report offers wealth of comprehensive information on the global smart robots market performance; overviews the entire market, its segments and sub-segments. Moreover, the report delves into the lucrative market opportunities, reviews the emerging technologies, sheds lighr on the potential markets, and examines new applications of smart robots. The market dynamics (market drivers, restraints, challenges) are thoroughly analyzed in the study. All-around appraisal of the competitive pattern is also provided here. The report studies the market shares of the leading companies in the smart robots ecosystem and the key developments of the dominant companies. The latest mergers and acquisitions, new product developments, collaborations and joint ventures related to the smart robots market are highlighted in this publication. The report also provides a holistic forecast for the market through 2020.

To find other comprehensive research reports by the publisher kindly visit MarketsandMarkets page.

For the original version on PRWeb visit: http://www.prweb.com/releases/2015/08/prweb12907830.htm