November 18, 2021: Leading manufacturer of consumer robots, iRobot Corp., has revealed that it has purchased privately held Aeris Cleantec AG, a rapidly expanding supplier of high-end air purifiers with its headquarters located in Cham, Zug, Switzerland. The acquisition is in line with iRobot's mission to create the most intelligent robotics and intelligent home technologies possible.
June 21, 2021: After obtaining regulatory clearances and meeting other customary closing requirements, the Hyundai Motor Group (the Group), Boston Dynamics, Inc., and SoftBank Group Corp. (SoftBank) announced today that the Group has successfully acquired a controlling interest in Boston Dynamics from SoftBank.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5633
Published Date: Feb 12, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing construction activities, surge in adoption of affordable robots, and rise in government initiatives for robotics.
The market size of service robotics is anticipated to attain a CAGR of 26% over the forecast period, i.e., 2024-2036.
The major players in the market are iRobot Corporation, Boston Dynamics, KUKA AG, Intuitive Surgical Operation, Inc., and others.
The robots segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.