The increasing need of labor in the emerging nations and growing instances of assisted living are predicted to give the momentum to the global service robotics market. As these service robots helps in performing the tasks that are more likely to be very difficult or risky. In addition, these computer controlled devices are capable to perform the daily routine tasks assigned to them with high degree of accuracy. As the service robotics is in close proximity with the humans, which ensures absolute safety and security of the person dealing with it. An increasing number of companies have been developing and refining automation techniques in order to gain market share in this market.
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