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Global Service Robotics Market Opportunities and Forecast 2020-2027

  • DLR2462
  • 28 July, 2021
  • Construction & Manufacturing
  • Pages: 120
  • Global
Global Service Robotics Market, By Product Type (Professional service robots, Personal service robots), By Application (Defense, Agriculture, Healthcare, Logistics, Aerospace, Infrastructure, Entertainment, Research and development, Others), and opportunities and forecast 2020-2027

Service Robotics Market Overview

Service robots assist human beings, typically by performing a job that is dirty, dull, distant, dangerous, or repetitive, including household tasks. They typically are autonomous and/or operated by a built-in control system, with manual override options. The service robotics market has been viewing a surge in demand from both residential and commercial sectors. Agriculture, constructions, defense and security, healthcare, professional cleaning, and others are some of the commercial sectors. Whereas, personal services robots are employed for entertainment and domestic purposes. Extensive applications of service robots in various sectors are expected to boost the growth of the global Service Robotics market. 

Furthermore, service robots offer delivery of accurate and high-quality services, reduce operational cost, and also reduced the chance of manual error. As well, service robots are being eminent due growing demand for automated solutions across several professional sectors. In addition, the robots are integrated with advanced technologies such as artificial intelligence (AI). These integrations are enhancing the efficiency and capability of robots. All these aforementioned factors are significantly contributing to the growth of the global Service Robotics market.

Moreover, the adoption rate of service robots is expected to enlarge due to high labor costs, lack of skilled workforce, and raising awareness about the benefits of service robots. In addition, key companies operating in the market are investing more in research and developments. This crucial fact further contributes to the market expansion steadily.   

Covid-19 Impact on Service Robotics Market:

The intensity of COVID-19 impact on the construction and manufacturing sector is immense compared to other sectors. With the immediate actions taken to curb the spread of the infection, restrictions were imposed on manufacturing, personnel transport, and construction activities. These restrictions caused huge losses to the sector. As most construction sites in several countries shut down and many sites that reopened have faced disrupted supply chains and operational restrictions. A recently published stats show the overall construction and manufacturing industry is about to drop by 15 to 35% which is going to directly affect nations GDP.

Service Robotics Market Segment Overview

Based on product type, the Personal Service Robots segment is expected to grow at a higher rate in the forecast period. Personal and domestic service robots include vacuuming robots, gutter cleaning robots, exoskeletons, lawn mowers, pool cleaning robots, window cleaning robots, toy robots, hobby systems, educational robots, and robots for assistance and elderly care. Exoskeletons are used by people with disabilities to get help in walking or lifting objects due to their growing inclusion in insurance covers. In addition, cleaning robots are now smarter and capable of integrating features such as machine learning and voice control, leading to increased adoption. As well, other initiatives, such as offering service robots on a rental basis are also contributing to the high growth of the personal service robots segment.

Service Robotics Market, By Product Type

·       Professional service robots
·       Personal service robots

Service Robotics Market, By Application

·       Defense
·       Agriculture
·       Healthcare
·       Logistics
·       Aerospace
·       Infrastructure
·       Entertainment
·       Research and development
·       Others

Service Robotics Market Regional Overview

In terms of region, North America holds a dominant position in the service robotics market. Factors such as the increasing uptake of service robots in the investment and defense sector of North America are the major contributor to the growth of the market. In addition to this, the large-scale production of service robots due to a strong presence of vendors has further firmly supported the market’s growth in this region. Similarly, the market of the Asia Pacific is projected to grow at the fastest rate owing to applications in numerous end-use industries such as logistics, infrastructure, and healthcare.

Service Robotics Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Service Robotics Market, Key Players

·       AB Electrolux
·       Samsung Techwin Co. Ltd.
·       iRobot Corporation
·       Robert Bosch GmbH
·       Intuitive Surgical Inc.
·       Mako Surgical Corporation
·       Touch bionics Ltd.
·       Panasonic Corporation
·       Dyson Ltd.
·       Honda Motors Co. Ltd.

Service Robotics Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Service Robotics Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Product Type
        • 5.2.1. Professional service robots
        • 5.2.2. Personal service robots
      • 5.3. Market Analysis, Insights and Forecast – By Application
        • 5.3.1. Defense
        • 5.3.2. Agriculture
        • 5.3.3. Healthcare
        • 5.3.4. Logistics
        • 5.3.5. Aerospace
        • 5.3.6. Infrastructure
        • 5.3.7. Entertainment
        • 5.3.8. Research and development
        • 5.3.9. Others
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East and Africa

      6. North America Service Robotics Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Product Type
        • 6.2.1. Professional service robots
        • 6.2.2. Personal service robots
      • 6.3. Market Analysis, Insights and Forecast – By Application
        • 6.3.1. Defense
        • 6.3.2. Agriculture
        • 6.3.3. Healthcare
        • 6.3.4. Logistics
        • 6.3.5. Aerospace
        • 6.3.6. Infrastructure
        • 6.3.7. Entertainment
        • 6.3.8. Research and development
        • 6.3.9. Others
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe Service Robotics Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Product Type
        • 7.2.1. Professional service robots
        • 7.2.2. Personal service robots
      • 7.3. Market Analysis, Insights and Forecast – By Application
        • 7.3.1. Defense
        • 7.3.2. Agriculture
        • 7.3.3. Healthcare
        • 7.3.4. Logistics
        • 7.3.5. Aerospace
        • 7.3.6. Infrastructure
        • 7.3.7. Entertainment
        • 7.3.8. Research and development
        • 7.3.9. Others
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific Service Robotics Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Product Type
        • 8.2.1. Professional service robots
        • 8.2.2. Personal service robots
      • 8.3. Market Analysis, Insights and Forecast – By Application
        • 8.3.1. Defense
        • 8.3.2. Agriculture
        • 8.3.3. Healthcare
        • 8.3.4. Logistics
        • 8.3.5. Aerospace
        • 8.3.6. Infrastructure
        • 8.3.7. Entertainment
        • 8.3.8. Research and development
        • 8.3.9. Others
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Service Robotics Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Product Type
        • 9.2.1. Professional service robots
        • 9.2.2. Personal service robots
      • 9.3. Market Analysis, Insights and Forecast – By Application
        • 9.3.1. Defense
        • 9.3.2. Agriculture
        • 9.3.3. Healthcare
        • 9.3.4. Logistics
        • 9.3.5. Aerospace
        • 9.3.6. Infrastructure
        • 9.3.7. Entertainment
        • 9.3.8. Research and development
        • 9.3.9. Others
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. AB Electrolux
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Samsung Techwin Co. Ltd.
      • 10.6. iRobot Corporation
      • 10.7. Robert Bosch GmbH
      • 10.8. Intuitive Surgical Inc.
      • 10.9. Mako Surgical Corporation
      • 10.10. Touch bionics Ltd.
      • 10.11. Panasonic Corporation
      • 10.12. Dyson Ltd.
      List of Figures

      Figure 1: Global Service Robotics Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Service Robotics Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Service Robotics Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Service Robotics Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Service Robotics Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Service Robotics Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Service Robotics Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Service Robotics Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Service Robotics Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Service Robotics Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Service Robotics Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Service Robotics Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Service Robotics Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Service Robotics Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Service Robotics Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Service Robotics Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Service Robotics Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Service Robotics Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Service Robotics Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Service Robotics Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Service Robotics Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Service Robotics Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Service Robotics Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Service Robotics Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Service Robotics Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Service Robotics Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Service Robotics Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Service Robotics Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Service Robotics Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Service Robotics Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Service Robotics Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Service Robotics Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Service Robotics Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Service Robotics Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Service Robotics Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Service Robotics Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Service Robotics Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Service Robotics Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Service Robotics Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Service Robotics Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Service Robotics Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Service Robotics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Service Robotics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Service Robotics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Service Robotics Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Service Robotics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Service Robotics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Service Robotics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Service Robotics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Service Robotics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Service Robotics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Service Robotics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Service Robotics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Service Robotics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Service Robotics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Service Robotics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Service Robotics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Service Robotics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Service Robotics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Service Robotics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Service Robotics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Service Robotics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Service Robotics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Service Robotics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Service Robotics Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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