According
to a new market report published by Transparency Market Research
“Service Robotics Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2021,” the service robotics
market was valued at US$5.57 bn in 2014, and is expected to reach
US$22.5 bn by 2021, growing at a CAGR of 18.8% from 2015 to 2021.
Browse
the full Service Robotics Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 – 2021 report at
http://www.transparencymarketresearch.com/service-robotics-market.html
The
service robotics market is driven by the increasing investment in
research and development. Moreover, increasing demand for service
robots in defense is one of the major factors driving the service
robotics market globally. Use of service robots in defense is
expected to decrease the number of death casualties during war. Most
used service robots in defense are unmanned aerial vehicles, unmanned
ground vehicles. In addition, rapid industrialization is acting as a
major driver in this market. Service robots work faster than humans,
thus reducing the work time and increases work efficiency. They are
used to carry out different activities in industries such as welding,
painting, packaging, lifting of heavy objects and many more.
The
service robotics market is segmented on the basis of product type
which includes professional and personal service robots. Among these
two types of products, professional service robots held the largest
market share followed by personal service robots as of 2014. Rapid
industrialization and automation are the major driving factors of
this market.
The
market is further segmented on the basis of application which
includes defense, agriculture, health care, logistics, aerospace,
infrastructure, entertainment, research and development and others.
Among these, application of service robotics in defense sector held
the largest market share followed by health care in 2014. The defense
sector held a market share of 17.8% followed by health care which
accounted for 14.1% in 2014.
Geographically,
the market is segmented into North America, Europe, Asia-Pacific and
Rest of the World. North America held the largest market share in
service robotics market in 2014 due to the increasing use of service
robotics in defense sector. Moreover, in 2014, North America service
robotics market held the largest market share which is followed by
Asia-Pacific, Europe and Rest of the World.
service-robotics-market
Some
of the leading players in the service robotics market are 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 provides
estimates in terms of revenue (USD Billion) from 2015 to 2021 by
studying the global service robotics market.
The
market has been segmented as follows:
Global
Service Robotics Market: By Product Type
Professional
service robots
Personal
service robots
Global
Service Robotics Market: By Application
Defense
Agriculture
Health
care
Logistics
Aerospace
Infrastructure
Entertainment
Research
and development
Others
The
report provides a cross sectional analysis of all the segments with
respect to the above mentioned regions.
Global
Service Robotics Market: By Geography/ Country
North
America
U.S.
Canada
Rest
of North America
Europe
U.K.
Italy
Spain
France
Germany
Rest
of Europe
Asia
Pacific
India
China
Japan
Rest
of Asia Pacific
Rest
of the World
Latin
America
Middle
East
Rest
of Rest of the World
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Us
Transparency
Market Research (TMR) is a global market intelligence company,
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material for business reports.
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