Global $7 Bn Service Robotics Market and Volume to 20222

The global service robotics market was valued over USD 7 Billion in 2016

Service robots have witnessed widespread acceptance among various professional and personal applications owing to benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and reduced operational costs and human errors. Professional service robots are employed in various industries including medical, defense, rescue and security, agriculture, logistics, construction, and professional cleaning among others, whereas personal service robots are used for domestic and entertainment and leisure purpose.

The global service robotics market is expected to almost triple by 2022 from the 2016 level, driven by an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increasing research and development investments, growing awareness regarding the benefits of service robots, and increased demand for automation among professional and personal sectors. However, high initial investment and concern for human safety restricts the growth of the market.

Key Highlights of the Report:

Scope of the Report

Global Service Robotics Market and Volume Forecast - By Type

1. Professional Service Robotics
2. Personal and Domestic Service Robotics

Global Professional Service Robotics Market and Volume Forecast - By Segment

1. Defence
2. Agriculture/Field
3. Logistic
4. Medical
5. Exoskeletons
6. Public Relations Robots
7. Construction
8. Mobile Platforms
9. Inspection
10. Underwater
11. Rescue and Security
12. Cleaning
13. Others

Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment

1. Household Robotics
2. Entertainment and Leisure Robotics

Global Robotics Market - Key Players Sales and SWOT Analysis

1. KUKA AG
2. Adept Technology (Acquired by OMRON)
3. iRobot Corporation
4. Intuitive Surgical
5. Nachi-Fujikoshi
6. Yaskawa Electric Corporation

Key Topics Covered:

1. Executive Summary

2. Global Service Robotics Market and Forecast (2009 - 2022)

3. Global Service Robotics Volume and Forecast (2009 - 2022)

4. Global Service Robotics Market and Volume Share Analysis (2009 - 2022)

5. Global Professional Service Robotics Market and Volume Forecast - By Segment (2009 - 2022)

6. Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment (2009 - 2022)

7. Key Player Analysis (2010 - 2022)

8. Global Service Robotics Market - Growth Drivers

9. Global Service Robotics Market - Challenges

For more information about this report visit https://www.researchandmarkets.com/research/v9zqcj/service_robotics

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