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Service robotics market

Service robotics market is growing owing to increased demand for automation & investments in R&D. Report offers size, share, trends, and analysis of market.

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Service robotics market

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  1. Service Robotics Market Is Expected To Garner $34.7 Billion By 2022 | CAGR 23.9% Global Opportunity Analysis & Industry Forecast, 2014 - 2022

  2. Service Robotics Market Overview: • Global service robotics market is expected to garner $34.7 billion by 2022, registering a CAGR of 23.9% during the forecast period 2015 - 2022. Service robots are the robots designed to assist humans and perform useful tasks, excluding industrial and manufacturing automation applications. They operate semi- or fully automatically and are capable of performing tedious & dangerous tasks, and providing enhanced efficiency and increased safety. • Download Sample Report: • Service robots have witnessed widespread acceptance among various professional and personal applications owing to benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and reduced operational costs and human errors. Professional service robots are employed in various industries including healthcare, defense and security, agriculture, forestry, logistics, construction, and professional cleaning among others, whereas personal service robots are used for domestic and entertainment purpose. Service robotics has witnessed an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increased investments in R&D, growing awareness regarding the benefits of service robots, and increased demand for automation among professional and personal sectors. However, high initial investment and concern for human safety limit the growth of the market. Moreover, increasing adoption of smartphones, growing application areas, and growth in emerging economies are likely to provide numerous growth opportunities in the market. 2 Jens Martensson

  3. Key Benefits • This study provides an in-depth analysis of the global service robotics market along with current trends and future estimations to elucidate the imminent investment pockets for stakeholders. • This report presents information regarding key drivers, restraints, and opportunities along with their impact analysis. • Porter’s Five Forces and SWOT analyses of key market players in the industry highlight the growth strategies adopted by these players. • The value chain analysis of the industry signifies the key intermediaries involved and elaborates their roles and value additions at every stage. • The quantitative analysis of the market in terms of revenue and volume generated by service robots worldwide has been provided from 2014 to 2022 to elaborate the market potential. 1 2 3 4 5 6 Jens Martensson 3

  4. Service Robotics Market Segmentation The service robotics market is segmented based on type, application, and geography. Market by Type Market by Geography • North America • Europe • Asia-Pacific • LAMEA • Professional Service Robots • Personal Service Robots Jens Martensson 4

  5. Market By Application Professional Applications • Healthcare • Surgical Robots • Rehabilitation Robots • Hospital and Pharmacy Robots • Others (Diagnostic Robots, Emergency Response Robotic Systems, Prosthetics/Exoskeletons) • Defense, Rescue, and Security • Unmanned Aerial Vehicles (UAV) • Unmanned Ground Vehicles (UGV) • Firefighting and Disaster Management Robots • Others (Professional Surveillance/Security Robots, Demining Robots) • Logistics • Factory Logistics Robots • Outdoor Logistics Robots • Others (Cargo Handling Robots, Mail Sorting Robots) • Construction • Excavator Robots • Bulldozer Robots • Demolition Robots • Others (Welding Robots, Material Handling Robots) • Field • Agriculture Robots • Forestry Robots • Milking Robots • Others (Mining Systems, Space Robots) • Others • Professional Cleaning Robots • Inspection and Maintenance Systems • Others (Underwater Systems, Hotel and Restaurant Robots) 5 Jens Martensson

  6. Personal Service Robotics Domestic Entertainment and Leisure • Cleaning Robots • Assistive Robots • Others (Lawn-Mowing Robots, Home Security & Surveillance Robots) • Toy Robots • Education & Research Robots • Others (Robotic Companion Pets and Multimedia Robots) Jens Martensson 6

  7. Contact Us David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Jens Martensson 7

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