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Service Robotics Market: Good Opportunity to Hit New Growth Level 2020-2024

Author : Ronak Bora | Published Date : 2020-09-08 

Powered by the robust industrialization trends, service robotics market has been escalating at an astonishing rate over the recent years. The technology has established its stance as an interface between industry and service sector and has garnered a mass popularity across a plethora of domains like defense, healthcare, entertainment, household, and logistics.

If reports are to be relied on, the commercialization matrix of the business space has taken a prominent turn in the recent years, courtesy – the significant proliferation of IoT, cloud, Artificial Intelligence, and machine learning. In fact, as per estimates, global shipments of service robots surpassed 7.5 million units in 2016 and is further anticipated to witness a remarkable y-o-y growth of 20% over 2017-2024.

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The introduction of service robots in logistic operations is deemed to be one of the most significant qualitative shifts in this domain. The paradigm transition in operational interlinking is undoubtedly bringing new opportunities for service robotics market from logistic application.

Autonomous Guided Vehicles (AGVs) is one of the finest examples of the robotics breakthroughs in logistics sector. AGVs can reportedly be operated without much human intervention and are significantly increasing the safety quotient of the automobile.

Top Key Players In Service Robotics Market are 3D Robotics, AeroVironment Inc., Aethon Inc., Bluefin Robotics, BAE Systems, Delaval International AB, DJI, ECA Group, Ecovacs Robotics, Geckosystems Intl. Corp., Honda Motor Co. Ltd., Intuitive Surgical, Inc., iRobot Corporation, Lely Holding S.A.R.L., Medtronic, Northrop Grumman Corporation, OMRON Adept Technologies, Inc., Parrot SA, Samsung Electronics, Softbank Robotics, Yujin Robot Co. Ltd.

It has recently introduced its iAdapt 2.0 Responsive Navigation system that is integrated with Alexa –strongly emphasizing on voice as a better interface than touch. Reportedly, the vacuum cleaner not only recognizes voice or speech but also has the capability to digitally map the interior of house while cleaning the floor. As per analysts’ speculation, the birth of such groundbreaking technologies is bound to lucratively drive the product terrain of service robotics market over the coming years.

Table Of Content:

Chapter 4.   Service Robotics Market, By Product

4.1.  Global service robotics share by product, 2016 & 2024

4.2.  Professional

4.2.1. Market estimates and forecast, 2013 - 2024

4.2.2. Market estimates and forecast, by region, 2013 - 2024

4.3.  Personal

4.3.1. Market estimates and forecast, 2013 - 2024

4.3.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 5.   Service Robotics Market, By Application

5.1.  Global service robotics share by application, 2016 & 2024

5.2.  Professional

5.2.1. Market estimates and forecast, 2013 - 2024

5.2.2. Market estimates and forecast, by region, 2013 – 2024

5.2.3. Defense

5.2.3.1.       Market estimates and forecast, 2013 - 2024

5.2.3.2.       Market estimates and forecast, by region, 2013 – 2024

5.2.4. Field

5.2.4.1.       Market estimates and forecast, 2013 - 2024

5.2.4.2.       Market estimates and forecast, by region, 2013 – 2024

5.2.5. Healthcare

5.2.5.1.       Market estimates and forecast, 2013 - 2024

5.2.5.2.       Market estimates and forecast, by region, 2013 – 2024

5.2.6. Logistics

5.2.6.1.       Market estimates and forecast, 2013 - 2024

5.2.6.2.       Market estimates and forecast, by region, 2013 – 2024

5.2.7. Others

5.2.7.1.       Market estimates and forecast, 2013 - 2024

5.2.7.2.       Market estimates and forecast, by region, 2013 - 2024

5.3.  Personal

5.3.1. Market estimates and forecast, 2013 - 2024

5.3.2. Market estimates and forecast, by region, 2013 – 2024

5.3.3. Household

5.3.3.1.       Market estimates and forecast, 2013 - 2024

5.3.3.2.       Market estimates and forecast, by region, 2013 – 2024

5.3.4. Entertainment

5.3.4.1.       Market estimates and forecast, 2013 - 2024

5.3.4.2.       Market estimates and forecast, by region, 2013 – 2024

Chapter 6.   Service Robotics Market, By Region

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/service-robotics-market-size

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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