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Asia Pacific Social Robots Market 2022-2028 by Component, Technology, Industry Vertical, and Regional Overview: Trend Forecast and Growth Opportunity

10-19-2022 11:12 AM CET | IT, New Media & Software

Press release from: Introspective Market Research

Asia Pacific Social Robots Market 2022-2028 by Component,

Market Overview:
The Asia Pacific Social Robots Market is expected to grow at a significant growth rate, and the forecast period is 2022-2028, considering the base year as 2021.

Social robots are robots that have been physically personified as social creatures. They are made up of manipulators, command structures, bodies, frames, and drivelines. They frequently do tasks including greeting, transporting and shifting things, and providing customer service in retail businesses, workplaces, and residential settings. Social robots can be remotely controlled and employed for a wide range of purposes, such as instructional aids, medical screening, recruitment, and travel assistance. They promote a fun, engaging, and meaningful interactive environment for kids while also improving safety, speed, and efficiency.

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Market Dynamics:

Driver:
The considerable global growth of the healthcare industry is one of the key elements encouraging a positive perception of the market. Social robots are often used in hospitals and other healthcare settings to help cure conditions like cerebral palsy. Additionally, a number of technological advancements are promoting market expansion, including the adoption of artificial intelligence (AI) and machine learning (ML) solutions. These tools enable autonomous navigation, object recognition, and interaction for the robots. In line with this, the market is growing as a result of increased demand for public services.

Opportunities:
In a variety of service industries, social robots are becoming more common as artificially intelligent assistants that help clients. They have also been used successfully in a variety of contexts. Robots powered by virtual reality are becoming more popular and in demand for therapeutic and educational uses, according to Shariati et al. Social robots have also been suggested as companions for young children and the elderly due to shifting societal standards. Families with autistic individuals have benefited from social robots as well. Significant product utilization in the banking, financial services, and insurance (BFSI) industry is also helping the market.

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Segmentation Analysis of Asia Pacific Social Robots Market

By Technology, Context Awareness is expected to dominate the Social Robots Market. Recognizing the situation and acting or responding appropriately is one of the fundamental components of social robots. The use of context-aware technology will be advantageous in a variety of circumstances that may increase the need for social robots.

By End User Industry, Healthcare Segment is expected to dominate the Asia Pacific Social Robots Market. Healthcare settings are seeing an increase in the development, testing, and adoption of social robots. The need for mobility assistance devices is being driven by the rising population of the elderly and disabled worldwide.

By Technology
• ML
• NLP
• Computer Vision
• Context Awareness
• Others
By End Users Industry
• Healthcare
• Education
• Media and Entertainment
• Retail
• BFSI
• Others

Regional Analysis of Asia Pacific Social Robots Market

China is expected to be dominating in the Asia Pacific Social Robots Market. The growing trend of companion robots in china has pushed manufactures to develop socially active robots with high-end technology. It is also introduced in the healthcare sector as the pandemic has created a difficult time for healthcare facilities to treat people with highly infectious diseases. Robots and other IoT technologies at the hospital provided all medical services. Connected 5G thermometers were used to check patients at entry and warn personnel if anyone appeared to be feverish. Patients wore smart wristbands and rings that communicated with the AI platform of CloudMinds to monitor their vital signs, such as body temperature, heart rate, and blood oxygen levels.

By Region
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

Top Key Players Covered In 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

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The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

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Read Related Report: -
https://introspectivemarketresearch.com/reports/asia-pacific-rehabilitation-equipment-market-comprehensive-study-report-recent-trends/
https://introspectivemarketresearch.com/reports/europe-specialty-coffee-market-latest-advancement-and-industry-analysis-2022-2028/
https://introspectivemarketresearch.com/reports/north-america-social-robots-market-latest-advancement-and-analysis-2022-2028/

Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1047

About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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