(MENAFN- The Expresswire) Global Professional Service Mobile Robots Market in APAC Market 2019 In-Depth Analysis of the Segmentation Which Comprises Product Type, Business Strategies, Development Factors and Forecast 2023
Posted on Oct 21 2019 5:47 AM
"Professional Service Mobile Robots Market in APAC Market analysis report contains all study material about Market Overview, Growth, Demand and Forecast Research in all over the world.
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The ' Professional Service Mobile Robots Market in APAC Market 2019 is splits into the presence of numerous worldwide and domestic vendors. The level of competition among the players in this marketspace is concentrate especially in terms of value, quality, regulatory acquiescence, and innovation.
To reach a competitive advantage over the other players, the vendors are focusing on Research & Development activities. Furthermore, they are also adopting competitive strategies such as product portfolio expansions and cost reduction to establish their market presence.
Professional Service Mobile Robots Market in APAC market is giving the major share of 20.78% in 2018 and projected to grow at compound annual growth rate (CAGR) of more than over 21% during forecast period 2019-2023.
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About this market
Professional service mobile robots are autonomous mobile robot (AMR) or autonomous guided vehicle (AGV) that are used for moving materials from one point to another point. Our professional service mobile robots market analysis considers sales from logistics and warehousing, agriculture and mining, medical and healthcare, hospitality and tourism and others. Our analysis also considers the sales of professional service mobile robots in China, Japan, Singapore, South Korea (Republic of Korea), and Rest of APAC. In 2018, the logistics and warehousing segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing production efficiency will play a significant role in the logistics and warehousing segment to maintain its market position. Also, our professional service mobile robots market in APAC report looks at factors such as increasing investments in logistics and warehousing segment, expanding aging population and rising labor shortage in APAC, and high efficiency and safety of the workforce. However, uncertainties in technical challenges, high cost and availability of components, and high capital expenditure affecting the adoption of service robots may hamper the growth of the professional service mobile robots market in APAC over the forecast period. Professional Service Mobile Robots Market in APAC
the report comprises of various company profiles of fundamental market players of Professional Service Mobile Robots Market in APAC market with thorough market segment in terms of different countries, this report divides the market into a few key countries, with sales (consumption), revenue, market share, and growth rate of the market in these countries over the forecast period 2023.
- Clearpath Robotics Inc.
- Midea Group Co. Ltd.
- OMRON Corp.
- Savioke Inc.
- Singapore Technologies Engineering Ltd.
- and Teradyne Inc.
Regions of Professional Service Mobile Robots Market in APAC market
- China
- Japan
- Singapore
- South Korea (Republic of Korea)
- and Rest of APAC
Dynamics of Professional Service Mobile Robots Market in APAC Market
Market Driver: efforts to increase High efficiency and safety of the workforce
Market Trend: Increasing penetration of AI in mobile robots
Market Challenge: technical challenges.
High efficiency and safety of the workforce
A key factor driving the growth of the market is the adoption of professional service mobile robots that ensures safety and reduces accidents and health risks due to chemical exposure. In the logistics and warehousing segment, the use of professional service mobile robots in pick and place application in the logistics industry not only reduces the chances of accidents but also assures the safety of materials, resulting in cost savings for companies. These applications in various industries will lead to the expansion of the professional service mobile robots in APAC at a CAGR of over 21% during the forecast period.
Increasing penetration of AI in mobile robots
The introduction of AI in mobile robots will enhance the effectiveness of the operations and helps in reducing the overall time and will ensure risk-free operations. Many vendors are focusing on the development of AI in mobile robots for various operations in the industry. This development is expected to have a positive impact on the overall market growth.
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TOC of Professional Service Mobile Robots Market in APAC Market Report
PART 01 : EXECUTIVE SUMMARY
PART 02 : SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03 : MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04 : MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05 : FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06 : MARKET SEGMENTATION BY END-USER
Market segmentation by end-user
Comparison by end-user
Logistics and warehousing - Market size and forecast 2018-2023
Agriculture and mining - Market size and forecast 2018-2023
Medical and healthcare - Market size and forecast 2018-2023
Hospitality and tourism - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by end-user
PART 07 : CUSTOMER LANDSCAPE
PART 08 : MARKET SEGMENTATION BY TYPE
Market segmentation by type
Comparison by type
Solutions - Market size and forecast 2018-2023
Services - Market size and forecast 2018-2023
Market opportunity by type
PART 09 : GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
China - Market size and forecast 2018-2023
South Korea (Republic of Korea) - Market size and forecast 2018-2023
Japan - Market size and forecast 2018-2023
Singapore - Market size and forecast 2018-2023
Rest of APAC - Market size and forecast 2018-2023
Market opportunity
PART 10 : DECISION FRAMEWORK
PART 11 : DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12 : MARKET TRENDS
Increasing penetration of AI in mobile robots
Integration of IoT with mobile robots
Advanced software and control systems to improve performance
PART 13 : VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 14 : VENDOR ANALYSIS
No. of Pages: - 141
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