According to the research report titled ‘Robot Market Size By Product (UVC Disinfection Robots [Fully Autonomous, Semi-Autonomous], Delivery Robots [Serving Robots, Indoor Delivery Robots], Guide Robots, Security Robots, By Vertical (Retail, Hospitality, Education & Scientific Research, Healthcare, Residential, Public, Food & Beverage), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2030’, available with MarketStudyReport, global robot market is expected to grow at a remarkable pace over the forecast period 2021-2030.
 

Surging demand for highly efficient production and distribution capabilities across several verticals is one of the major factors bolstering global robot market growth.
 

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Moreover, the introduction of industrial robots has offered various benefits such as high delivery rate, smooth operations, increased productivity, and fewer workplace accidents that cause injuries to laborers, which is in turn boosting the industry remuneration scope.
 

The ability of autonomous robots to reduce the scope of human errors in sectors like healthcare, logistics, e-commerce, and food & beverage is also significantly contributing to market expansion.
 

Elaborating on the impact of the COVID-19 pandemic, mounting emphasis on product innovation and technological advancements to promote high rate of production even with labor shortages created during the viral outbreak has been propelling the industry uptake since the pandemic.
 

Based on product type of global robot market, the serving robots sub segment of delivery robots sector is touted to see a sharp spike in demand through 2030, owing to increasing deployment of serving robots in restaurants and hotels.
 

In terms of vertical, the healthcare segment is poised to expand at a notable CAGR over the analysis period, driven by rising demand for UVC disinfection robots for disinfecting operation theatres and patient wards.
 

On the regional front, Middle East & Africa industry is slated to observe remunerative growth over 2021-2030, on the back of growing adoption of robotic technologies at airports and public places in line with smart city concepts in the region.
 

Prominent players in worldwide robot industry sphere are Blue Ocean Robotics, PAL Robotics, Amazon Robotics (Amazon.com Inc.), Finsen Technologies Ltd., Panasonic System Solutions Japan Co. Ltd., Nuro Inc., Keenon Robotics Co. Ltd., Xenex Disinfection Services Inc., UBTECH Robotics Inc., Tru-D SmartUVC LLC, TMI Robotics Technology Co. Ltd., and Starship Technologies among others.