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Robotic Guide Dog Market Trends

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Report ID: 3450
Published Date: Aug 28, 2024
Report Format: PDF, PPT

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Robotic Guide Dog Market Trends

Growth Drivers

Increasing Adoption of Robotics and Automation
Lower Cost of Robotic Guide Dogs than Training Dogs

Challenges

Slow Commercial Scale Implementation
High Initial Capital Investment

Robotic Guide Dog Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	14.9%
Base Year Market Size (2023)	USD 423.3 million
Forecast Year Market Size (2036)	USD 2.57 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Robotic Guide Dog Market Size & Share, Growth Forecast 2036

Author Credits: Abhishek Verma

Report ID: 3450
Published Date: Aug 28, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of robotic guide dog is evaluated at USD 473.76 million.

Robotic Guide Dog Market size was over USD 423.3 million in 2023 and is projected to exceed USD 2.57 billion by 2036, growing at over 14.9% CAGR during the forecast period i.e., between 2024-2036. The increasing adoption of robotics and increasing incidence of visual disability amongst people will boost the market growth.

North America is poised to account for largest revenue share by 2036, owing to the growing research activities in the region, backed by technological advancement and high expenditure on technical R&D activities.

The major players in the market include Anduril Industries Inc., SKYDIO, INC., and Diligent Robotics Inc, are estimated to enter the robotic guide dog market in the near future.

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