22-Jan-2019 Service Robotics Market 2017: Analysis, Opportunit | Page 2

of robots, growth potential across developing nations, persistent requirement of
technologically advanced service robots, especially from defense and security verticals are
presenting opportunities for service robotics. In addition, the advancements in self driving
cars and artificial enabled social robots will have a potential market across the globe. Robots
are expected to play a key role throughout the retail value chain including both front-end
and back-end operations with the integration of big data and analytics and cloud computing,
Pervasive Computing, and artificial intelligence.
Get Instant Discount on this report@
https://www.supplydemandmarketresearch.com/home/contact/6236?ref=Discou
nt&toccode=SDMRSE6236
Several social robots are expected to hit the market in 2018-2019 with the advanced
technologies and capabilities to help humans of different age groups from kids to elderly
assistance. In January 2018, Paaila Technology (Nepal) launched waiter robot, a smart,
reliable and autonomous robot to take valued customers' food order from kitchen to table.
The company also plans to launch Room Service Robot in February 2018. In January 2018,
Aflac Incorporated (US) unveiled a smart robotic companion, “My Special Aflac Duck” for
children who have cancers. In January at CES 2018, Aeolus Robotics launched the Aeolus
Robot, a multifunctional in-home robot powered by artificial intelligence (AI) and machine
learning. FoldiMate, Inc. (US) is expected to ship the improved model of robotic laundry
folding machine for home use by late 2019.
Some of the major companies dominating the service robotics market include KUKA AG
(Germany), Bluefin Robotics (US), iRobot Corporation (US), Adept Technology, Inc. (US),
Northrop Grumman Corporation (US), GeckoSystems Intl. Corp. (US), ECA Group (France),
and Honda Motor Co., Ltd. (Japan).
Secondary Research:
Our research methodology involves in-depth desk research using various secondary
sources. Data is gathered from association/government publications/databases, company
websites, press releases, annual reports/presentations/sec filings, technical papers,
journals, research papers, magazines, conferences, tradeshows, and blogs.
Key Data Points through secondary research-
•
•
•
•
Macro-economic data points
Import Export data
Identification of major market trends across various applications
Primary understanding of the industry for both the regions