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Global Service Robotics Market Opportunities and Forecast 2023-2030
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 2023-2030
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 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