
Global Robotics as a Service (RaaS) Market: Meeting Automation Demands
The Business Research Company’s Robotics As A Service (RaaS) Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
LONDON, GREATER LONDON, UK, October 24, 2023 /EINPresswire.com/ -- The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2027.
Market Growth and Projected Valuation
The global robotics as a service (RaaS) market is set to witness substantial growth, reaching $19.77 billion in 2023, and is projected to expand further to $38.81 billion by 2027, with a robust compound annual growth rate (CAGR) of 18.4%. Despite global economic disturbances, the market continues to thrive due to the surging demand for automation across various industries.
Driving Factors and Key Trends
• Increasing Automation Demand: Automation is playing a pivotal role in fueling the growth of the RaaS market, enabling seamless and efficient operations of robotic systems, leading to cost-effective and scalable solutions customized for diverse industrial needs.
• Technological Innovations: Companies are actively embracing technological advancements, such as Panasonic's walk-training robot for the elderly, and ABB Ltd.'s acquisition of ASTI Mobile Robotics Group SA, to expand their product portfolios and cater to a wide range of automation requirements.
Explore our sample report on the global robotics as a service (RaaS) market for a comprehensive understanding of the industry dynamics:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12731&type=smp
Key Market Players and Geographical Landscape
The robotics as a service (RaaS) market is influenced by key players like Zimmer Biomet Holdings Inc., Lely Industries N.V., and Kongsberg Maritime AS. The Asia-Pacific region dominated the market in 2022, while Europe is expected to exhibit the fastest growth in the forecast period, indicating a surge in RaaS adoption in various sectors.
Diverse Market Segments
The market is segmented based on types, applications, and end-users, including categories such as professional and personal types, handling, assembling, and healthcare applications, catering to the distinctive requirements of multiple industries.
Access the full report to gain in-depth insights into market trends and forecasts, enabling informed business decisions:
https://www.thebusinessresearchcompany.com/report/robotics-as-a-service-raas-global-market-report
Robotics As A Service (RaaS) Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Robotics As A Service (RaaS) Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on robotics as a service (RaaS) market size, robotics as a service (RaaS) market drivers and trends, robotics as a service (RaaS) market major players, robotics as a service (RaaS) market competitors' revenues, robotics as a service (RaaS) market positioning, and robotics as a service (RaaS) market growth across geographies. The robotics as a service (RaaS) market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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