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Service Robotics Market was US$ 11.3 Billion in 2021. Industry Trends, Growth, Insight, Impact of COVID-19, Company Analysis, Global Forecast 2022-2027.
Service Robotics Market, Size, Share, Global Forecast 2022-2027
Global Service Robotics Market will reach US$ 42.2 Billion by 2027. Across the globe, the robotics industry is rapidly enabling the service robotics market trends, owing to the fast-paced technological advancements converging in automation, machine learning, engineering, and artificial intelligence. The effects of the introduction of robots have resulted in the conversion of the task-performing capacity of humans. Service robots are designed to assist humans and perform helpful tasks, excluding industrial and manufacturing automation applications. They operate semi or fully automatically and can perform tedious & dangerous tasks and provide enhanced efficiency and increased safety.