Personal Services Robotics Industry Dynamic Innovation in Technology Key Players and Forecast to 2027
A s per Market Research Future (MRFR) analysis, the global personal service robotics market is estimated to reach USD 35 billion, with 38% CAGR from 2016 to 2022 (forecast period). The research report offers a brief overview of the effect of COVID-19 on current / future market situations. The report explains some of the main Personal service robotics market factors that will influence this sector's growth, such as market share, the main region, and major participants. Personal robots are essentially pre-assembled and pre-programmed robots used for personal and household applications. Personal robots are designed in such a way that customers with less robotic experience can run them easily and conveniently. The big opportunity raised in the field of the personal service robot industry is due to low-cost cleaning robotics. Market Dynamics The aging population in developed nations leads to the growth of personal services robotics. Moreover, due to the increasing aging population in ...