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Global Professional services robots Market to Reach a Value of About US$ 7,400 Mn in the Year 2022, Field Robotics Segment is the Largest in Application Type

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Global Professional services robots Market to Reach a
Value of About US$ 7,400 Mn in the Year 2022, Field
Robotics Segment is the Largest in Application Type
A rapid growth in the service industries and the pressing need to adapt to the changing
demand of the consumers, market challenges and a rapid advancement in technology
with a backdrop of cut throat competition are the factors responsible for the growth of
the professional services robots market.
Robots have made their presence felt already in the realm of industrial automation
where they are employed for carrying out repetitive tasks. However, with advancements
in the fields of machine learning, artificial intelligence, cognitive science and adaptive
computing are enabling the robots to assist humans in a variety of tasks.
The development of technologically advanced robots that have an improved intelligence
and can perform touch-sensitive tasks in a better manner and in addition also have the
ability to interact with humans seamlessly will help their better adoption in fields such as
healthcare.
The global professional services robots market is slated to touch a value of about US$
7,400 Mn in the year 2022 and grow at a robust CAGR during the assessment period.
4 Forecast Highlights on Global Professional Services Robots Market

As per the forecast of Persistence Market Research, the professional cleaning segment is
slated to touch a value of nearly US$ 650 Mn in the year 2022. This represents a robust
CAGR growth during the assessment period of 2017-2022. The professional cleaning
segment is estimated to account for nearly one-tenth of the revenue share of the
application segment by the year 2017 and is forecasted to lose market share by 2022
over 2017.

As per the forecast of Persistence Market Research, the inspection & maintenance
segment will reach a value of about US$ 180 Mn in the year 2017. This represents a
robust CAGR growth during the forecast period. The inspection & maintenance segment
is forecasted to account for a miniscule share of the total revenue share of the
application segment by the end of the year 2017 and is expected to lose in market share
by 2022 as compared with the year 2017.

As per the forecast of Persistence Market Research, the water-based segment is slated to
reach a value of nearly US$ 1,800 Mn in 2022. The water-based segment is expected to
gain market share by the end of the year 2022. The largest share is contributed by the
North America region in the water based segment.
Persistence Market Research forecasts the U.S. professional services robots market to
exhibit a compound annual growth rate (CAGR) of more than 20% from 2017 to 2022.

Source: Persistence Market Research
Warm Regards,
Diwakar Kolhe
Diwakar@persistencemarketresearch.com
Website: www.persistencemarketresearch.com
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