Global Service Robot Market Growth 2019-2024

SKU ID : LPI-13842575 | Publishing Date : 12-Feb-2019 | No. of pages : 164

Service robot is an actuated mechanism programmable in two or more axes with a degree of autonomy, moving within its environment, to perform intended tasks. Autonomy in this context means the ability to perform intended tasks based on current state and sensing, without human intervention. A service robot is a robot that performs useful tasks for humans or equipment excluding industrial automation application.
Japan alone had 26% revenue share of the global service robotics market from 2011 to 2015. With the domestic policies supporting, it is expected that the Japan market with sharply strengthen in the next five years, which will account for about 31% revenue market share. Service robots are viewed as necessary devices for providing individuals with a high quality of life and social well-being. With this view, the development of nursing and medical robots developed for elderly individuals is strongly expected.
The total number of professional service robots sold in 2015 rose by a solid 11.4% compared to 2014 to 26,970 units up from 24,207 in 2014. It is expected to reach to 30,040 units in 2016. In 2015, about 5.7 million service robots for personal use were sold, 21.96 % more than in 2014.

According to this study, over the next five years the Service Robot market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Service Robot business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Service Robot market by product type, application, key manufacturers and key regions and countries.

This study considers the Service Robot value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Personal Service Robots
Professional Service Robots
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household Robots
Education/Entertainment Robots
Nursing/Rehabilitation Robots
Medical Robots
Agriculture, Forestry, Livestock Farming and Fisheries Robots
Logistic Robots
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Intuitive Surgical
IRobot
Dyson
Neato Robotics
Sharp
Toshiba
Panasonic
Gecko Systems
Northrop Grumman Corporation
ECA Group
Kongsberg Maritim
Fujitsu Frontech Limited
Kawasaki
REWALK
Sony
Honda
Toyota
SoftBank
Hitachi
ALSOK

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Service Robot consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Service Robot market by identifying its various subsegments.
Focuses on the key global Service Robot manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Service Robot with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Service Robot submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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