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Global Robotics Market And Volume (Industrial And Service Robotics), Segment And Application Analysis, Key Players Robotics Division Sales, Recent Developments - Forecast To 2027

The Global Robotics Market was valued at around US$ 38 Billion in 2022 and the market is expected to reach nearly US$ 70 Billion by 2027. The rising demand for automation has revolutionized the adoption of robotics technology across a wide range of industries including manufacturing, healthcare, defense and security, logistics, inspection, and maintenance, automotive, electronics, and food and beverage. The global industrial robotics market was valued at around US$ 16.5 Billion in 2022 and is expected to reach around US$ 20 Billion in 2027.

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Global Service Robotics Market And Volume By Type (Professional Service Robots, Personal And Domestic Service Robots), Service Robot Manufacturers Analysis, Key Players Robotics Division Sales And Recent Developments - Forecast To 2027

The global service robotics market is expected to reach nearly US$ 50 Billion by 2027. In 2022, medical applications accounted for maximum share of the global professional service robotics market, followed by logistic segment. Together, the medical and logistic applications accounted for over 75% share of the global professional service market. The implementation of robotics in agriculture is expected to bring out transformational result in coming years.  

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Global Industrial Robotics Market And Volume By Segment, Application, Geographical Distribution, Recent Developments, And Key Players Robotics Division Sales Analysis - Forecast To 2027

The global industrial robotics market was valued at around US$ 16.5 Billion in 2022 and is expected to reach around US$ 20 Billion by 2027. The electronics industry surpassed the automotive industry in terms of annual robot installations in 2020 and held the largest market for industrial robotics in 2022. Handling is the most important application of industrial robots, as it can automate some of the most tedious, dull, and unsafe tasks in a production line and is one of the easiest ways to add automation.

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Global Home Infusion Therapy Market (By Product, Application, Region), Impact Of COVID-19, Key Company Profiles, Trends And Recent Developments - Forecast To 2028

In 2021, Infusion pumps dominated the market with over 50% share of the total market. This can be attributed to their increasing use and efficiency in delivering nutrition, medications, and other required fluids into a patientís body in a controlled manner. Nowadays, smart pumps are widely used as these pumps contain advanced features such as barcode technology, which helps in the verification of a patientís identity and prevents drug administration errors.

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