Global Service Robotics Market 2019 - Industry Analysis, Size, Share, Key Players, Applications, Strategies and Forecast

Latest Market Analysis Research Report on “Global Service Robotics Market” has been added to Wise Guy Reports database.

Global Service Robotics Industry

New Industry Study On “2019 Service Robotics Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database

A new report recently added to the online inventory of Wise Guys Reports (WGR) reveals that the Global Service Robotics Market is anticipated to develop fast and achieve an outstanding compound annual growth rate during the forecast period by surpassing US$ 60 Billion revenues by the end of 2024. Advancements in the technology and fast-growing professional use in industrial segments are the primary factors that are likely to escalate the market growth during the projection timeline.

Service robots are used to assist people in performing repetitious, remote, obscure, or dangerous jobs. Most of these robots are autonomous in nature and are controlled by a programmed command system, which incorporates a manual override feature as well. The Service Robotics Market is primarily divided into professional and personal robots. Service robotics is enforced in numerous different application areas, thus bringing about an entire paradigm shift. Based on specific requirements, service robots are capable of functioning semi or fully automatically. They also can execute complicated and risky jobs, offering optimal performance and robust safety mechanisms. Nowadays, the use of professional service robots is being encouraged in various industrial segments, including Healthcare, Defense, Construction, Logistic, Agriculture, Inspection, Marine rescue missions, Mobile platform development, and Security, which is instrumental in the Service Robotics Market growth and expansion. 

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Professional robots primarily comprise of field robots, defense robots, medical assistance robots (MAR), Unmanned Ariel Vehicle (UAV) drones, PA robots, construction robots, etc., to name a few. In order to overcome problems such as hefty labor prices, workforce deficits, and industrial injuries, the construction industry has introduced service robots. They also aid in building far more efficient structures because human errors are less likely to occur— Introduction of technologies such as 3D printing and demolition robots are also acting as a driving force in the construction industry's implementation and acceptance of robots. Apart from this, the healthcare industry utilizes services robots as part of diagnostics, robot-assisted operations or treatment, recovery systems, and other medical procedures while Exoskeleton robots perform exceptionally well as public relation robots by assisting consumers.

Key Company – (SWOT Analysis, Sales Analysis)

1. KUKA AG (
2. Adept Technology (SWOT Analysis, Sales Analysis)
3. iRobot (SWOT Analysis, Sales Analysis)
4. Intuitive Surgical (SWOT Analysis, Sales Analysis)

The Global Service Robotics Market: Segmental Analysis

The Global Service Robotics Market is segmented by:

Robot Type
Area
Component
Vertical
Geography

Based on type, the Global Service Robotics Market is further bifurcated into:

Personal Robots 
Professional Robots

Based on the area, the market is segmented into:

Aerial
Land
Underwater

Based on the component, the Global Service Robotics Market is further bifurcated into:

Sensor
Actuator
Control System
Software

Based on the vertical, the market is divided into:

Healthcare
Logistics and Transportation
Agriculture and Mining
Government
Military and Defence

The Global Service Robotics Market: Regional Analysis

Based on geography, the Global Service Robotics Market is fragmented into North America, Europe, Asia Pacific and Rest of the World (RoW). 

Asia-Pacific is one of the world's fastest-growing Service Robotics Markets. Notable acceptance of service robots in the industrial segments of APAC countries like China, Japan, and India is expected to propel the Global Service Robotics Market during the forecast timeline.

The study objectives of this report are:
To study and analyze the global Service Robotics market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Service Robotics market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Service Robotics companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Service Robotics submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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Table of Content

1. Executive Summary
2. Global Service Robotics Market & Volume Analysis (2010 – 2024)
3. Share Analysis – Global Service Robotics (2010 – 2024)
4. Segment Analysis – Service Robotics Market (2010 – 2024)
5. Segment Analysis – Service Robotics Volume (2010 – 2024)
6. Companies Analysis (2010 – 2020)
7. Growth Driver for Global Service Robotics Market
8. Major Challenges for Global Service Robotics Market

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Release ID: 88940162