Service Robotics Market Revenue, Sales Volume & Trend Forecasts Report, 2019-2026

By Product (Professional, Personal), By Application (Professional [Defence, Field, Healthcare, Logistics], Personal (Household, Entertainment]), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, China, Japan, South Korea, India, Brazil, Mexico, Saudi Arabia, UAE, South Africa)

  • Report ID : MD1324
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  • Pages : 199
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  • Tables : 94
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  • Formats :

Service Robotics market revenue is estimated to be $XX Billion in 2019 and shall grow with a CAGR of XX.X% during the forecast period of 2019 to 2026.
 
 service robotics market
Service robots automate tasks outside of the conventionally known application areas in industries. These are professional robots that take over repetitive works from users, thereby liberating them to perform innovative functions. In some applications, menial or hazardous work is also outsourced to professional robots.
 
 
Analysis by Product
Professional robots are growing in demand owing to their versatility. Collaborations with Artificial Intelligence is gaining fresh ground and is expected to grow tremendously in strategic sectors such as Defence and Logistics. The logistics sector, in particular, has shown demand for robots in the handling, transport, sorting and packaging functions. This demand is slated to rise from security-related sectors.
 
 
 
Analysis by Application
The household application segment is ready for tremendous growth. Chores will be automated with the use of these robots. This is being perceived very well by a very large pool of homeowners. Adding benefits of maintenance will ensure that a deep market penetration will come about in the forecast period. Worth mentioning is the synergy these robots bring to aging populations.
 
The entertainment and business uses of professional robots are gaining substantial ground. They assist in trade shows and public spaces.
 
 
 
Analysis by Region
Japan and China are leading the way for the production of these sophisticated systems. Government aid in these regions will add to the innovation and development of professional robots. Robot manufacturing capabilities are also witnessing a positive growth in these countries following the cheap availability of raw materials. The stage is set for making high profits by selling the robots to North America and Europe. 
 
 
Analysis by Market
Robots catering to customized applications are being developed by major companies. These include iRobot Corporation, Softbank Robotics, Ecovacs, and AeroVironment. The prospect of a healthy market capitalization looks very promising given the growing government support. Mergers and Collaborations are the talk of the town among hardware and software companies in the industry. The supply volumes are expected to rise and augurs well for the industry. Other industries in this domain that are growing at a high CAGR include Pet Companion Robots Market and Window cleaning Robot Market.
 
 
COVERAGE HIGHLIGHTS       
●    Market Revenue Estimation and Forecast (2019 – 2026)
●    Market Production Estimation and Forecast (2019 – 2026)
●    Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
●    Breakdown of Revenue by Segments (2019 – 2026)
●    Breakdown of Production by Segments (2019 – 2026)
●    Breakdown of Sales Volume by Segments (2019 – 2026)
●    Gross Margin and Profitability Analysis of Companies
●    Business Trend and Expansion Analysis
●    Import and Export Analysis
●    Regional Analysis and Market Data Breakdown
 
 
MARKET SEGMENTATION
 
By Product Outlook ($Revenue and Unit Sales, 2019-2026)
•    Professional Robots
•    Personal Robots
 
 
By Application Outlook ($Revenue and Unit Sales, 2019-2026)
•    Professional
a.    Defense
b.    Field
c.    Healthcare
d.    Logistics
e.    Others
 
•    Personal
a.    Household
b.    Entertainment
 
 
By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
•    USA
•    Canada
•    Germany
•    UK
•    France
•    Italy
•    China
•    India
•    Japan
•    South Korea
•    Brazil
•    Mexico
•    Saudi Arabia
•    UAE
•    South Africa
 
 
Market Players
•    3D Robotics, 
•    AeroVironment Inc., 
•    Aethon Inc., 
•    Bluefin Robotics, 
•    BAE Systems, 
•    Delaval International AB, 
•    DJI, 
•    ECA Group, 
•    Ecovacs Robotics, 
•    Geckosystems Intl. Corp., 
•    Honda Motor Co. Ltd., 
•    Intuitive Surgical, Inc., 
•    iRobot Corporation, 
•    Lely Holding S.A.R.L., 
•    Medtronic, 
•    Northrop Grumman Corporation, 
•    OMRON Adept Technologies, Inc., 
•    Parrot SA, 
•    Samsung Electronics, 
•    Softbank Robotics, 
•    Yujin Robot Co. Ltd.

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