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Published Date: 2015-09-18Number of Pages: 93

Service Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021

Service robots are the robots that perform multiple tasks such as automatic floor mopping, dishwashing, lawn mowing and many more for humans apart from the industrial application. These are the fully autonomous systems that have the ability to carry out the services with or without human assistance. They are used in industries and for domestic purpose assisting human in performing duties which are repetitive and difficult for humans to perform. Moreover they are used to perform tasks that are repetitive, dangerous, dull and dirty. The service robotics is segmented into professional and service robots. The professional robots are used for commercial purpose whereas personal robots are used for domestic uses.

Increasing demand for service robots in defense is one of the important factors driving the service robotics market. Use of service robots in defense is likely to decrease the number of death casualties during war. Most used service robots in defense are unmanned aerial vehicles, and unmanned ground vehicles. Additionally, rapid industrialization is also acting as an important driver in this market. Service robots works faster than humans thus, reducing the work time and increases work efficiency. They are used to lift heavy parts, welding of automobiles, helps in painting and many more in industries. The service robotics market is also driven by the increasing investment in research and development. The service robots are used in carrying out various complex tasks that are difficult for humans to carry out in the research labs.

The service robotics market in this report has been segmented geographically into four regions: North America, Europe, Asia-Pacific and Rest of the World. Moreover, the market is segmented on the basis of product type which includes professional and personal service robots. The professional robots held the largest market size of 66.1% growing at a CAGR of 18.6% during the forecast period from 2015 to 2021. Further, the market is segmented by applications types which include defense, agriculture, health care, logistics, aerospace, infrastructure, entertainment, research and development and others which include underwater service robots, rescue service robots, service robots used in forestry and many more. The defense application segment is growing at a CAGR of 17.2% during the forecast period and held the largest market size.

North America held the largest market size for service robotics market. The market in North America is growing at a CAGR of 17.9% during the forecast period. One of the important drivers of this market is the increasing use of service robots in defense sectors. Moreover, in North America professional service robots held the largest market share in 2014 In addition, the defense sector held the largest market share of 15.6% followed by health care segment in 2014. However, high cost associated with development is acting as one of the major restraint in this market. Asia Pacific is the fastest growing market and the growth can be attributed to the growing economies in the region such as China, India, Japan, South Korea and Australia among others.

Major industry participants include AB Electrolux (Sweden), Touch bionics Ltd (U.K)., iRobot Corporation (U.S), Samsung Techwin Co. Ltd. (South Korea), Robert Bosch GmbH (Germany), Mako Surgical Corporation (U.S), Intuitive surgical Inc.(U.S), Honda Motors Co. Ltd. (Japan), Panasonic Corporation (Japan)and Dyson Ltd. (U.K) among others.

 

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Table of Contents

Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Market overview
3.1 Introduction
3.2 Key Trends Analysis
3.3 Market dynamics
      3.3.1 Market drivers
             3.3.1.1 Increasing demand for service robots in defence
             3.3.1.2 Rapid industrialization and automation
             3.3.1.3 Increasing investment in research and development
      3.3.2 Market restraints
             3.3.2.1 High Cost associated with development
             3.3.2.2 Complex interface of the service robots
      3.3.3 Market opportunities
             3.3.3.1 Underdeveloped mobile automation
             3.3.3.2 Increasing application areas globally
3.4 Market attractiveness analysis for Service Robotics Market
3.5 Competitive landscape
      3.5.1 Service Robotics Market: Market Positioning of Key Players
      3.5.2 Adopted by Leading Players

Chapter 4 Global Service Robotics Market: By Product Types
4.1 Service Robotics Market: Overview
      4.1.1 Global Service Robotics Market Revenue Share, by Product Types, 2014 – 2021
4.2 Professional Service Robotics Market
      4.2.1 Professional Service Robotics Market, 2014 – 2021 (USD Billion)
4.3 Personal Service Robotics Market
      4.3.1 Personal Service Robotics Market, 2014 – 2021 (USD Billion)

Chapter 5 Global Service Robotics Market: By Applications
5.1 Service Robotics Market Overview: By Applications
      5.1.1 Global Service Robotics Market Revenue Share, by Applications, 2014 – 2021
5.2 Defense
      5.2.1 Global Defense Market Revenue, By Application, 2014 – 2021 (USD Billion)
5.3 Agriculture
      5.3.1 Global Agriculture Market Revenue, By Application, 2014 – 2021 (USD Billion)
5.4 Health care
      5.4.1 Global Health care Revenue, By Application, 2014 – 2021 (USD Billion)
5.5 Logistics
      5.5.1 Global Logistics Market Revenue, By Application, 2014 – 2021 (USD Billion)
5.6 Aerospace
      5.6.1 Global Aerospace Market Revenue, By Application, 2014 – 2021 (USD Billion)
5.7 Infrastructure
      5.7.1 Global Infrastructure Market Revenue, By Application, 2014 – 2021 (USD Billion)
5.8 Entertainment
      5.8.1 Global Entertainment Market Revenue, By Application, 2014 – 2021 (USD Billion)
5.9 Research and development
      5.9.1 Global Research and development Market Revenue, By Application, 2014 – 2021 (USD Billion)
5.10 Others
      5.10.1 Global Others Market Revenue, By Application, 2014 – 2021 (USD Billion)

Chapter 6 Global Service Robotics Market –By Geography
6.1 Global Service Robotics Market: Regional overview
      6.1.1 Global Service Robotics Market Revenue Share, by Geography, 2014 and 2021
6.2 North America
      6.2.1 North America Service Robotics Market, 2014 – 2021, (USD Billion)
             6.2.1.1 North America Service Robotics Market, by product types, 2014 – 2021, (USD Billion)
             6.2.1.2 North America Service Robotics Market, by applications, 2014 – 2021, (USD Billion)
      6.2.2 U.S.
             6.2.2.1 U.S. Service Robotics Market, 2014 – 2021, (USD Billion)
      6.2.3 Canada
             6.2.3.1 Canada Service Robotics Market, 2014 – 2021, (USD Billion)
      6.2.4 Rest of North America
             6.2.4.1 Rest of North America Service Robotics Market, 2014 – 2021, (USD Billion)
6.3 Europe
      6.3.1 Europe Service Robotics Market, 2014 – 2021, (USD Billion)
             6.3.1.1 Europe Service Robotics Market, by product types, 2014 – 2021, (USD Billion)
             6.3.1.2 Europe Service Robotics Market, by applications, 2014 – 2021, (USD Billion)
      6.3.2 U.K.
             6.3.2.1 U.K. Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.3 France
             6.3.3.1 France Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.4 Germany
             6.3.4.1 Germany Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.5 Italy
             6.3.5.1 Italy Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.6 Spain
             6.3.6.1 Spain Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.7 Rest of Europe
             6.3.7.1 Rest of Europe Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.8 Asia Pacific (APAC)
             6.3.8.1 Asia Pacific Service Robotics Market, 2014 – 2021, (USD Billion)
             6.3.8.2 Asia Pacific Service Robotics Market, by product types, 2014 – 2021, (USD Billion)
             6.3.8.3 Asia Pacific Service Robotics Market, by applications, 2014 – 2021, (USD Billion)
      6.3.9 India
             6.3.9.1 India Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.10 China
             6.3.10.1 China Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.11 Japan
             6.3.11.1 Japan Service Robotics Market, 2014 – 2021, (USD Billion)
      6.3.12 Rest of Asia Pacific
             6.3.12.1 Rest of Asia Pacific Service Robotics Market, 2014 – 2021, (USD Billion)
6.4 Rest of the World (RoW)
      6.4.1 RoW Service Robotics Market, 2014 – 2021, (USD Billion)
             6.4.1.1 RoW Service Robotics Market, by product types, 2014 – 2021, (USD Billion)
             6.4.1.2 RoW Service Robotics Market, by applications, 2014 – 2021, (USD Billion)
      6.4.2 Latin America
             6.4.2.1 Latin America Service Robotics Market, 2014 – 2021, (USD Billion)
      6.4.3 Middle East
             6.4.3.1 Middle East Service Robotics Market, 2014 – 2021, (USD Billion)
      6.4.4 Rest of RoW
             6.4.4.1 Rest of RoW Service Robotics Market, 2014 – 2021, (USD Billion)

Chapter 7 Company Profiles
7.1 AB Electrolux
7.2 Touch Bionics Ltd.
7.3 Mako Surgical Corporation
7.4 Samsung techwin Co. Ltd.
7.5 iRobot Corporation
7.6 Intuitive Surgical Inc.
7.7 Robert Bosch GmbH
7.8 Honda Motors Co. Ltd.
7.9 Panasonic Corporation
7.10 Dyson Ltd.

Service robots are the fully autonomous systems that have the ability to carry out the services without or with human assistance. They are used in different sectors assisting human in performing duties that are not possible for humans to perform. The service robots are segmented into professional and service robots based on their product types. The professional robots are used for commercial purpose whereas personal robots are used for domestic uses. They are used in many sectors and one of the most important areas of application is the medical sector and defense. They are used to assist human in performing duties that are not possible for humans to perform.

Increase in investment in research and development, rapid industrialization and increase in demand for service robots in defense and security are the major drivers which are driving the service robotics market. The application of robots in several industries such as defense, healthcare, logistics, media and entertainment are expected to stipulate the demand of service robots during the forecast period. Moreover, use of service robots in defense is likely to decrease the number of death casualties and cause less damage to properties during war or combat situations. Additionally, with the rapid industrialization the demand for service robotics is expected to increase during the forecast period. Service robotics in industries leads to the rise of automation in the market globally.

High cost associated with development is acting as restraining factors in service robotics market. From designing to development it is a long procedure which takes a long time and charges extra costs before the actual manufacturing of service robots. Moreover, complicated interface of service robots is also an important factor acting as a restraint of this market.

Underdeveloped mobile automation is one of the major opportunities of this market. Most of the service robots are either stationary and are focused on performing a single task only. But the mobile automation in service robots is yet to be explored as they are still underdeveloped. The mobile service robots are used in the research and development labs to carry out different experiments. Moreover, increasing application areas globally is also a major opportunity of this market. The service robot is likely to be used in almost every sector and thus reduces the work load of humans. 

The research study analyzes the Service Robotics market on a global level and provides anticipate in terms of revenue (USD billion) from 2015 to 2021. It recognizes the restraints and drivers affecting the industry and analyzes their impact during the anticipated period. Additionally, it identifies the major opportunities for market growth in the next few years.

The report segments the service robotics market based on geography into North America, Europe, Asia-Pacific, and Rest of the World. These segments are anticipated in terms of revenue (USD billion). Based on product types, the report segments the market into professional and personal service robotics. It also segregates the market based on the applications. It includes defense, agriculture, health care, logistics, aerospace, infrastructure, entertainment, research and development and others. These segments have also been anticipated based on geography in terms of revenue (USD billion). 

The study includes market attractiveness analysis, where the applications are benchmarked based on growth rate, market scope, and general attractiveness. Company market share analysis of various industry participants are provided in this report.

The key players have also been profiled based on company overview, financial overview, recent developments and business strategies. Major market players in this report include AB Electrolux (Sweden), Touch bionics Ltd (U.K)., iRobot Corporation (U.S), Samsung Techwin Co. Ltd. (South Korea), Robert Bosch GmbH (Germany), Mako Surgical Corporation (U.S), Intuitive surgical Inc.(U.S), Honda Motors Co. Ltd. (Japan), Panasonic Corporation (Japan)and Dyson Ltd. (U.K) among others.

The report segments the Service Robotics Market as:

Global Service Robotics Market, by Product

  • Professional service robots
  • Personal service robots

Global Service Robotics Market, by Application:

  • Defense
  • Agriculture
  • Health care
  • Logistics
  • Aerospace
  • Infrastructure
  • Entertainment
  • Research and development
  • Others

Global Service Robotics Market, by Geography:

  • North America
  • Europe
  • Asia Pacific
  • RoW