The Asia Pacific Social Robots Market size is expected to grow from USD 809.85 million in 2022 to USD 4197.98 million by 2030, at a CAGR of 26.5% during the forecast period (2023-2030).
Market Overview:
The Asia Pacific Social Robots Market size is expected to grow from USD 809.85 million in 2022 to USD 4197.98 million by 2030, at a CAGR of 26.5% during the forecast period (2023-2030).
Robots that have been physically personified as social beings are known as social robots. They consist of manipulators, control systems, bodies, frames, and drivetrains. In retail establishment .s, workplaces, and residential settings, they are regularly used to carry out chores including greeting, carrying and transferring goods, and offering customer service. Social robots can be remotely operated and can be used for a variety of tasks, including employee training, medical screening, recruitment, teaching aids, and travel concierge. They enhance safety, speed, and efficiency while also fostering an enjoyable, interesting, and meaningful interactive environment for children.
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Top Key Players for Asia Pacific Social Robots Market:
AlterG Inc.,Amy Robotics Co., Ltd.,AoBo Information Technology Co., Ltd.,Bionik Laboratories Corp.,Blue Frog Robotics SAS,Blue Ocean Robotics ApS,BotsAndUs Ltd.,Camanio AB,Double Robotics Inc.,Embodied Inc.,Furhat Robotics AB,Happy SAS,Hanson Robotics Ltd.,Aerobics Social Robotics SLL,Intuition Robotics Ltd.,Kinova Inc. and Other Major Players.
Market Dynamics and Factors for Asia Pacific Social Robots Market:
Drivers:
Rising Trend Of Asia Pacific Social Robots In Asia Pacific Healthcare Sector
One of the primary factors fostering a favorable view of the market is the healthcare sector's significant growth on a global scale. Hospitals and healthcare facilities frequently use social robots to aid in the treatment of illnesses like cerebral palsy. Additionally, several technological developments, including the incorporation of artificial intelligence (AI) and machine learning (ML) solutions, are boosting market expansion. These technologies help the robots navigate, recognize objects, and interact on their own. In keeping with this, the market growth is being positively impacted by the rising product demand in public services. Traffic control, telepresence, monitoring, queue management, and ensuring social distance are all handled by social robots.
Opportunities:
Integration of AI and Machine learning in Asia Pacific Social Robots
Social robots are becoming more popular in a range of service businesses as artificially intelligent assistants who assist customers. Additionally, they have been employed effectively in a variety of settings. According to Shariati et al., virtual reality-driven robots are more widely accepted and in demand for therapeutic and educational purposes. Due to changing societal norms, social robots have also been proposed as companions for young children and the elderly.
The Report Will Include A Major Chapter
Segmentation Analysis of the Asia Pacific Social Robots Market:
By Technology
By End User Industry
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Regional Analysis of the Asia Pacific Social Robots Market:
The most recent research on the Asia Pacific Social Robots industry offers a thorough overview of the business from 2023 to 2030. The report contains in-depth segmental and regional analysis for the North America, Europe, Asia-Pacific, South America, the Middle East and Africa. Additionally, the research offers key insights based on market trends and potential future possibilities. In addition to qualitative information about consumer values, aspirations, and purchasing intentions, the market analysis also includes quantitative information about the size of the market as well as revenue estimates. It will be examined by market analysis tools for the seafood market throughout the projected period, such as Porter's five forces analysis, industry value chain analysis, PESTEL analysis, patent analysis, regulatory framework, technology roadmap, price trend analysis, and investment analysis. The important chapters in the competitive landscape of the Asia Pacific Social Robots industry, such as Company Profiling, Competitive Positioning, BCG Matrix, and Heat Map Analysis, can aid in understanding the key competitors' perspectives on and approaches to the Asia Pacific Social Robots market.
Key Benefits for Industry Participants & Stakeholders:
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Oct 28, 2023
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