Ken Hyers, Director at Strategy Analytics, added, "Regionally the highest penetration of service robots was highest in North America in 2015 and 2016 as consumers adopted them for vacuuming their floors, mowing their lawns and cleaning their pools. But by 2017 the Asia Pacific region will become the number one region for collaborative robot sales as companies like Xiaomi, Zenbo, Softbank and others target their home markets. By 2022 60% of all service robots will be sold in the Asia Pacific region."
Ville-Petteri Ukonaho adds that "Professional service robots are another growing robot market. These robots, such as Amazon's Kiva, are used for tasks such as sorting and delivering packages, and for a number of other purposes such as surgery in the hospital, cleaning in offices and factories, and for harvesting crops in the field. The biggest limitation on sales of professional service robots are their cost. For instance, medical robotics systems are very expensive and so most are leased by hospitals rather than purchased outright. We estimate that sales of professional service robots will grow at a CAGR of 32% through 2022."
The reports, Personal Service Robots: From RVCs to Pet Dogs and Beyond and Professional Service Robots: Delivery and Logistics Driving Sales, as well as the companion forecast report Global Service Robot Sales Forecast: 2014 to 2022 are published by the Strategy Analytics Emerging Device Strategies (EDS) service, details of which can be found here: https://www.strategyanalytics.com/access-services/devices/mobile-phones/emerging-devices/market-data#.WFG-AH00Gd4
The full reports are published by the Strategy Analytics Emerging Device Strategies (EDS) service, details of which can be found here:
About Strategy Analytics:
Strategy Analytics is a global, independent research and consulting firm. The company is headquartered in Boston, USA, with offices in the UK, France, Germany, Japan, South Korea, Taiwan, India and China. Visit www.strategyanalytics.com for more information.
Ville-Petteri Ukonaho / +44 1908 423 634 / firstname.lastname@example.org
Ken Hyers / email@example.com
Neil Mawston / +44 1908 423 628 / firstname.lastname@example.org
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SOURCE Strategy Analytics