The North America Social Robots Market, valued at USD 43.48 billion in 2021, is anticipated to reach USD 92.57 billion by 2028, exhibiting a substantial Compound Annual Growth Rate (CAGR) of 11.4%.
Introduction to North American Social Robots:
The North America Social Robots Market, valued at USD 43.48 billion in 2021, is anticipated to reach USD 92.57 billion by 2028, exhibiting a substantial Compound Annual Growth Rate (CAGR) of 11.4%.
Social robots are physically personified autonomous robots that interact with people socially and naturally. They are made up of drivetrains, bodies, frames, manipulators, and control systems. They are frequently utilized to carry out tasks including greeting, lifting and transporting objects, and providing customer service in shopping centers, businesses, and private settings. In addition to being utilized for employee training, medical screening, recruitment, teaching aid, and travel concierge, social robots can be managed remotely. They contribute to the creation of a pleasing, engaging, and meaningful interactive environment for kids as well as improved safety, speed, and productivity. As a result, social robots are widely used in a variety of sectors, including entertainment, healthcare, and education. Because it enhances social connection and promotes collaboration among young children, the use of robotics in education is perfect for engagement in classrooms.
Major Key Players:
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., Knightscope Inc., KOMPAI Robotics, Matia Robotics (US) Inc., Motorika USA.
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Market Dynamics and Factors Influencing Growth:
Drivers:
The social robot market has experienced significant growth in recent years, and the increasing demand for companion and caregiving robots among the aging population is a major driver. As the elderly population grows, there is a growing need for robots that can provide companionship, assist with daily tasks, and monitor health. Social robots offer a solution to address the shortage of caregivers and provide emotional support to the elderly, making them a valuable asset in healthcare and home assistance. Advancements in artificial intelligence and machine learning technologies have fueled the growth of the social robots market.
Opportunities:
The healthcare sector offers a significant opportunity for social robots. As the global population continues to age, there is a growing need for robotic companions and caregivers to assist the elderly and individuals with disabilities. Social robots can provide valuable support by monitoring health conditions, reminding patients to take medication, assisting with mobility, and offering companionship.
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Social Robots Market Segmentation:
By Regional Outlook
Introspective Market Research is a reliable partner specializing in comprehensive market research studies. Our commitment lies in providing businesses worldwide with valuable insights and strategic guidance through our comprehensive research.
Our North America Social Robots market report ensures accuracy by conducting a precise examination of the industry. We establish a robust foundation for our findings through extensive utilization of primary and secondary sources. To enhance the depth of our evaluation, we employ industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.
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Studying the complete North America Social Robots market ecosystem, our study elaborates the interdependencies and functions of various market stakeholders. Through extensive segmentation analysis and comprehensive geographical coverage, we facilitate a profound comprehension of regional trends. Furthermore, we carefully analyse external factors that impact market dynamics.
Strategic Points Covered in Table of Content of North America Social Robots Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the North America Social Robots market
Chapter 2: Exclusive Summary - the basic information of the North America Social Robots Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the North America Social Robots
Chapter 4: Presenting the North America Social Robots Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2023-2030
Chapter 6: Evaluating the leading manufacturers of the North America Social Robots market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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Oct 28, 2023
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