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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 and 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.
Regions of Professional Service Mobile Robots Market in APAC market
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 ReportPART 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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Name: Ajay More
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit 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