Service Robotics Market: By Product, Segments, Type, Technology & Forecast, 2016-2022

Service Robotics Market: By Product, Segments, Type, Technology & Forecast, 2016-2022

Service Robotics Market: By Product, Segments, Type, Technology & Forecast, 2016-2022

Comments Off on Service Robotics Market: By Product, Segments, Type, Technology & Forecast, 2016-2022

According to the report, global service robotics market was valued at around USD 9.01 billion in 2016 and is expected to reach approximately USD 24.10 billion in 2022, growing at a CAGR of slightly above 17.8% between 2017 and 2022. A service robot is a robot that performs useful tasks for humans or equipment without industrial automation function. Service robots help humans by performing a job that is dull, distant, and repetitive, including household everyday jobs.

[wptab name=’Report Description’ active=”1″ ]
According to the report, global service robotics market was valued at around USD 9.01 billion in 2016 and is expected to reach approximately USD 24.10 billion in 2022, growing at a CAGR of slightly above 17.8% between 2017 and 2022.

Service robots are used in industries and for the domestic purpose to aid a human in performing a job which is recurring and hard for humans to perform. Service robotics is used to perform everyday jobs that are repetitive, dull, dangerous, and dirty in nature. A service robot is a robot that performs useful tasks such as lawn mowing, automatic floor mopping, dishwashing, and much more for humans apart from their industrial uses. There are two major types of service robots such as professional service robots and personal service robots. Personal service robots are used for household work and entertainment and professional service robots are used for a commercial task like defense, health care, logistics, agriculture and others.

A major factor for driving the service robotics market is strong demand from defense and healthcare sectors. Further, increase in the demand from urban households for domestic cleaning, home security and surveillance are anticipated to support the service robotics market growth. Advancement in technology to develop autonomous and safe robots is expected to fuel market growth in coming years. However, the high price of service may curb the demand for service robotics over the forecast period. Nonetheless, rising application areas globally are expected open new avenues for the market growth over the next few years. Moreover, ongoing research & development in the field of service robotics is expected to offer potential growth opportunity for this market.

Global-Service-Robotics-Market

Service robotics market is segmented on the basis of product, application, and region. On the basis of product, the service robotics market divided into professional service robots and personal service robots. By application, the market is bifurcated into healthcare, defense, logistics, agriculture, research & development. Defense and healthcare sectors are leading sectors in service robotics market. In the healthcare sector, the robots are used for surgery training which is expected to fuel service robotics market demand in future.  Pharmaceutical is expected to show the robust demand of service robotics over the forecast period.

Due to rising usage of service robotics in defense, automotive and healthcare, demand for service robotics was the highest in North America. North America is followed by Asia-Pacific and Europe in terms of demand. In Europe, service robotics market is mainly driven by manufacturing industry and expected to show sizable growth in next coming decade. Asia Pacific is expected to be the fastest-growing region to the growing economies in the region such as China, India, and Japan among others.

The report also includes detailed profiles of end players such as Samsung Techwin Co. Ltd., Touch bionics Ltd, AB Electrolux, iRobot Corporation, Robert Bosch GmbH, Mako Surgical Corporation, Intuitive surgical Inc., Honda Motors Co. Ltd., Panasonic Corporation and Dyson Ltd.

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  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global service robotics market, 2016 – 2022, (USD Billion)
    • 2.2. Service robotics market: Market snapshot
  • Chapter 3. Global Service Robotics Market – Industry Analysis
    • 3.1. Service robotics market: Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Strong demand in defense and healthcare sector
    • 3.3. Restraints
      • 3.3.1. High cost of service robots
    • 3.4. Opportunity
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by product segment
      • 3.6.2. Market attractiveness analysis by application segment
      • 3.6.3. Market attractiveness analysis by regional segment
  • Chapter 4. Global Service Robotics Market – Competitive Landscape
    • 4.1. Company market share analysis, 2016 (Subject to data availability)
  • Chapter 5. Global Service Robotics Market –Product Segment Analysis
    • 5.1. Global service robotics market revenue share, by product, 2016 & 2022
    • 5.2. Global service robotics market by short professional service robots, 2016-2022(USD Billion)
    • 5.3. Global service robotics market by personal service robots, 2016-2022(USD Billion)
  • Chapter 6. Global Service Robotics Market –Application Segment Analysis
    • 6.1. Global service robotics market revenue share, by application 2016 & 2022
    • 6.2. Global service robotics market for healthcare, 2016-2022(USD Billion)
    • 6.3. Global service robotics market for defense, 2016-2022(USD Billion)
    • 6.4. Global service robotics market for agriculture,2016– 2022 (USD Billion)
    • 6.5. Global service robotics market for logistics,2016– 2022 (USD Billion)
    • 6.6. Global service robotics market for aerospace,2016– 2022 (USD Billion)
    • 6.7. Global service robotics market for research & development,2016– 2022 (USD Billion)
    • 6.8. Global service robotics market for others, 2016 – 2022 (USD Billion)
  • Chapter 7. Global Service Robotics Market – Regional Analysis
    • 7.1. Global service robotics market: Regional overview
      • 7.1.1. Global service robotics market revenue share, by region, 2016 and 2022
    • 7.2. North America
      • 7.2.1. North America service robotics market revenue, by product2016 – 2022 (USD Billion)
      • 7.2.2. North America service robotics market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe service robotics market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.3.2. Europe service robotics market revenue, by application, 2016– 2022 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia-Pacific service robotics market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.4.2. Asia-Pacific service robotics market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America service robotics market revenue, by product, 2016– 2022 (USD Billion)
      • 7.5.2. Latin America service robotics market revenue, by application, 2016– 2022 (USD Billion)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa service robotics market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.6.2. Middle East & Africa service robotics market revenue, by application, 2016 – 2022 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. AB Electrolux
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Touch bionics Ltd
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. iRobot Corporation
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Samsung Techwin Co. Ltd.
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Systems Robert Bosch GmbH
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Mako Surgical Corporation
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Intuitive surgical Inc.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Honda Motors Co. Ltd.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Panasonic Corporation
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Dyson Ltd.
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

List of Figures

1. Global service robotics market segmentation by product, application and geography
2. Global service robotics market, 2016 – 2022  (USD Billion)
3. Porter’s five forces analysis:  Service robotics market
4. Global service robotics market attractiveness, by product, 2016
5. Global service robotics market attractiveness, by application, 2016
6. Global service robotics market attractiveness, by region, 2016
7. Global service robotics market revenue share, by product, 2016 & 2022
8. Global service robotics market by professional service robots, 2016-2022(USD Billion)
9. Global service robotics market by personal service robots, 2016-2022(USD Billion)
10. Global service robotics market revenue share, by application 2016 & 2022
11. Global service robotics market for healthcare, 2016-2022(USD Billion)
12. Global service robotics market for defense, 2016 – 2022 (USD Billion)
13. Global service robotics market for logistic, 2016 – 2022 (USD Billion)
14. Global service robotics market for agriculture, 2016 – 2022 (USD Billion)
15. Global service robotics market for aerospace, 2016 – 2022 (USD Billion)
16. Global service robotics market for research & development, 2016 – 2022 (USD Billion)
17. Global service robotics market for others, 2016 – 2022 (USD Billion)
18. Global service robotics market revenue share, by region, 2016 – 2022
19. North America service robotics market, 2016 – 2022,  (USD Billion)
20. Europe service robotics market, 2016 – 2022,  (USD Billion)
21. Asia Pacific service robotics market, 2016 – 2022(USD Billion)
22. Latin America service robotics market, 2016-2022 (USD Billion)
23. The Middle East & Africa service robotics market, 2016 – 2022, (USD Billion)


List of Tables

1. Global service robotics market snapshot
2. Drivers for service robotics market: Impact analysis
3. Restraints of service robotics market: Impact analysis
4. North America service robotics market revenue, by product, 2016 – 2022 (USD Billion)
5. North America service robotics market revenue, by application, 2016 – 2022 (USD Billion)
6. Europe service robotics market revenue, by  product, 2016 – 2022 (USD Billion)
7. Europe service robotics market revenue, by application, 2016 – 2022 (USD Billion)
8. Asia-Pacific service robotics market revenue, by product, 2016 – 2022 (USD Billion)
9. Asia-Pacific service robotics market revenue, by application, 2016 – 2022 (USD Billion)
10. Latin America service robotics market revenue, by product, 2016 – 2022 (USD Billion)
11. Latin America service robotics market revenue, by application, 2016 – 2022 (USD Billion)
12. Middle East & Africa service robotics market revenue, by product, 2016 – 2022 (USD Billion)
13. Middle East & Africa service robotics market revenue, by application, 2016 – 2022 (USD Billion)

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