Global Service Robotics Market by Application (Personal, Professional) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Industry Insights
Global service robotics will be driven by rising labor costs and increasing instances of assisted living. Service robots will be in high demand because they can perform tasks that might otherwise be considered difficult or risky.
These computer-controlled devices can also be used to automate mundane tasks with high accuracy. Service robotics can be found in close proximity to people so it is important to ensure safety and security. To increase their market share, a growing number of companies are developing and perfecting automation techniques. Sensors, microcontrollers and power supply are all important components in service robotics. The most crucial component is the sensor.
Global service robotics market, 2012-2020 (USD Billion).
The market growth will be driven by technology proliferation and innovation. This is expected to lead to a drop in the price of service robotics. Market demand is expected to be positively impacted by the aging population, mobile technology and other smart devices that incorporate robotics. Market growth has been accelerated by the increased use of service robots in the automotive sector. The market growth will be slowed by human safety and interaction with the unstructured world.
Application Insights
The service robotics market can be divided into two segments. These include professional service robotics as well as personal service robotics. Service robotics includes four major professional service robotics applications, including field, logistics, medical, and defense. Unmanned aerial vehicles, which are used in service robotics for defense purposes, accounted for a significant market share in 2012. The market share for field robots was approximately 25%. They are used for various purposes, including agriculture, forestry and milling. Because they can be used in therapy and robotic-assisted surgery, medical robots are widely accepted. Medical robotics systems can be expensive so suppliers offer leasing agreements. Service robotics can also be used in many other applications, such as construction, cleaning underwater, inspection, rescue, security, and so on.
Personal service robotics includes two main applications. These include entertainment and leisure robots, and household robots. Personal service robotics had a lower revenue share than their counterparts, and they have different pricing and marketing channels. Personal robots can be used for entertainment, education, research, handicap assistance, and lawn mowing. Due to growing concerns from end-users, systems used for surveillance or home security will see growth.
Regional Insights
Due to significant developments in Japan, South Korea, and Asia-Pacific, the market leader will likely remain Asia-Pacific. The U.S. will also be expected to hold a significant market share during the forecast period and grow faster than global average. The North American region will see a rapid increase in industrialization and the development of production capacity. This is expected to drive the market for service robotics. The booming automotive industry will also drive market growth in North America and Asia Pacific. Due to the rise in manufacturing and production base, service robotics demand is expected to increase in developing countries like India and China.
Competitive Insights
Among others, there are iRobot Corporation and Samsung Electronics.
Up Market Research published a new report titled “Service Robotics Market research report which is segmented by Application (Personal, Professional), By Players/Companies GeckoSystems, Sony Corp, Fujitsu Frontech Limited, Yujin Robot among others, Hanool Robotics Corp, Honda Motors Co Ltd, Samsung Electronics, iRobot Corporation, Fujitsu, LG Electronics Inc, AB Electrolux, Toyota Motor Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
| Report Attributes | Report Details |
| Report Title | Service Robotics Market Research Report |
| By Application | Personal, Professional |
| By Companies | GeckoSystems, Sony Corp, Fujitsu Frontech Limited, Yujin Robot among others, Hanool Robotics Corp, Honda Motors Co Ltd, Samsung Electronics, iRobot Corporation, Fujitsu, LG Electronics Inc, AB Electrolux, Toyota Motor Corporation |
| Regions Covered | North America, Europe, APAC, Latin America, MEA |
| Base Year | 2020 |
| Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
| Forecast Year | 2028 |
| Number of Pages | 209 |
| Number of Tables & Figures | 147 |
| Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Service Robotics Market Report Segments:
The market is segmented by Application (Personal, Professional).
Service Robotics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Service Robotics Market
Overview of the regional outlook of the Service Robotics Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Service Robotics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Service Robotics Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Personal
2. Professional
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Service Robotics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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Reasons to Purchase the Service Robotics Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Service Robotics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Service Robotics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Service Robotics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Service Robotics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Service Robotics Market Size & Forecast, 2018-2028
4.5.1 Service Robotics Market Size and Y-o-Y Growth
4.5.2 Service Robotics Market Absolute $ Opportunity
Chapter 5 Global Service Robotics Market Analysis and Forecast by Application
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Application
5.1.2 Basis Point Share (BPS) Analysis by Application
5.1.3 Absolute $ Opportunity Assessment by Application
5.2 Service Robotics Market Size Forecast by Application
5.2.1 Personal
5.2.2 Professional
5.3 Market Attractiveness Analysis by Application
Chapter 6 Global Service Robotics Market Analysis and Forecast by Region
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Region
6.1.2 Basis Point Share (BPS) Analysis by Region
6.1.3 Absolute $ Opportunity Assessment by Region
6.2 Service Robotics Market Size Forecast by Region
6.2.1 North America
6.2.2 Europe
6.2.3 Asia Pacific
6.2.4 Latin America
6.2.5 Middle East & Africa (MEA)
6.3 Market Attractiveness Analysis by Region
Chapter 7 Coronavirus Disease (COVID-19) Impact
7.1 Introduction
7.2 Current & Future Impact Analysis
7.3 Economic Impact Analysis
7.4 Government Policies
7.5 Investment Scenario
Chapter 8 North America Service Robotics Analysis and Forecast
8.1 Introduction
8.2 North America Service Robotics Market Size Forecast by Country
8.2.1 U.S.
8.2.2 Canada
8.3 Basis Point Share (BPS) Analysis by Country
8.4 Absolute $ Opportunity Assessment by Country
8.5 Market Attractiveness Analysis by Country
8.6 North America Service Robotics Market Size Forecast by Application
8.6.1 Personal
8.6.2 Professional
8.7 Basis Point Share (BPS) Analysis by Application
8.8 Absolute $ Opportunity Assessment by Application
8.9 Market Attractiveness Analysis by Application
Chapter 9 Europe Service Robotics Analysis and Forecast
9.1 Introduction
9.2 Europe Service Robotics Market Size Forecast by Country
9.2.1 Germany
9.2.2 France
9.2.3 Italy
9.2.4 U.K.
9.2.5 Spain
9.2.6 Russia
9.2.7 Rest of Europe
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 Europe Service Robotics Market Size Forecast by Application
9.6.1 Personal
9.6.2 Professional
9.7 Basis Point Share (BPS) Analysis by Application
9.8 Absolute $ Opportunity Assessment by Application
9.9 Market Attractiveness Analysis by Application
Chapter 10 Asia Pacific Service Robotics Analysis and Forecast
10.1 Introduction
10.2 Asia Pacific Service Robotics Market Size Forecast by Country
10.2.1 China
10.2.2 Japan
10.2.3 South Korea
10.2.4 India
10.2.5 Australia
10.2.6 South East Asia (SEA)
10.2.7 Rest of Asia Pacific (APAC)
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Asia Pacific Service Robotics Market Size Forecast by Application
10.6.1 Personal
10.6.2 Professional
10.7 Basis Point Share (BPS) Analysis by Application
10.8 Absolute $ Opportunity Assessment by Application
10.9 Market Attractiveness Analysis by Application
Chapter 11 Latin America Service Robotics Analysis and Forecast
11.1 Introduction
11.2 Latin America Service Robotics Market Size Forecast by Country
11.2.1 Brazil
11.2.2 Mexico
11.2.3 Rest of Latin America (LATAM)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Latin America Service Robotics Market Size Forecast by Application
11.6.1 Personal
11.6.2 Professional
11.7 Basis Point Share (BPS) Analysis by Application
11.8 Absolute $ Opportunity Assessment by Application
11.9 Market Attractiveness Analysis by Application
Chapter 12 Middle East & Africa (MEA) Service Robotics Analysis and Forecast
12.1 Introduction
12.2 Middle East & Africa (MEA) Service Robotics Market Size Forecast by Country
12.2.1 Saudi Arabia
12.2.2 South Africa
12.2.3 UAE
12.2.4 Rest of Middle East & Africa (MEA)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Middle East & Africa (MEA) Service Robotics Market Size Forecast by Application
12.6.1 Personal
12.6.2 Professional
12.7 Basis Point Share (BPS) Analysis by Application
12.8 Absolute $ Opportunity Assessment by Application
12.9 Market Attractiveness Analysis by Application
Chapter 13 Competition Landscape
13.1 Service Robotics Market: Competitive Dashboard
13.2 Global Service Robotics Market: Market Share Analysis, 2019
13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
13.3.1 GeckoSystems
13.3.2 Sony Corp
13.3.3 Fujitsu Frontech Limited
13.3.4 Yujin Robot among others
13.3.5 Hanool Robotics Corp
13.3.6 Honda Motors Co Ltd
13.3.7 Samsung Electronics
13.3.8 iRobot Corporation
13.3.9 Fujitsu
13.3.10 LG Electronics Inc
13.3.11 AB Electrolux
13.3.12 Toyota Motor Corporation
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Service Robotics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Service Robotics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Service Robotics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Service Robotics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Service Robotics Market Size & Forecast, 2018-2028
4.5.1 Service Robotics Market Size and Y-o-Y Growth
4.5.2 Service Robotics Market Absolute $ Opportunity
Chapter 5 Global Service Robotics Market Analysis and Forecast by Application
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Application
5.1.2 Basis Point Share (BPS) Analysis by Application
5.1.3 Absolute $ Opportunity Assessment by Application
5.2 Service Robotics Market Size Forecast by Application
5.2.1 Personal
5.2.2 Professional
5.3 Market Attractiveness Analysis by Application
Chapter 6 Global Service Robotics Market Analysis and Forecast by Region
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Region
6.1.2 Basis Point Share (BPS) Analysis by Region
6.1.3 Absolute $ Opportunity Assessment by Region
6.2 Service Robotics Market Size Forecast by Region
6.2.1 North America
6.2.2 Europe
6.2.3 Asia Pacific
6.2.4 Latin America
6.2.5 Middle East & Africa (MEA)
6.3 Market Attractiveness Analysis by Region
Chapter 7 Coronavirus Disease (COVID-19) Impact
7.1 Introduction
7.2 Current & Future Impact Analysis
7.3 Economic Impact Analysis
7.4 Government Policies
7.5 Investment Scenario
Chapter 8 North America Service Robotics Analysis and Forecast
8.1 Introduction
8.2 North America Service Robotics Market Size Forecast by Country
8.2.1 U.S.
8.2.2 Canada
8.3 Basis Point Share (BPS) Analysis by Country
8.4 Absolute $ Opportunity Assessment by Country
8.5 Market Attractiveness Analysis by Country
8.6 North America Service Robotics Market Size Forecast by Application
8.6.1 Personal
8.6.2 Professional
8.7 Basis Point Share (BPS) Analysis by Application
8.8 Absolute $ Opportunity Assessment by Application
8.9 Market Attractiveness Analysis by Application
Chapter 9 Europe Service Robotics Analysis and Forecast
9.1 Introduction
9.2 Europe Service Robotics Market Size Forecast by Country
9.2.1 Germany
9.2.2 France
9.2.3 Italy
9.2.4 U.K.
9.2.5 Spain
9.2.6 Russia
9.2.7 Rest of Europe
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 Europe Service Robotics Market Size Forecast by Application
9.6.1 Personal
9.6.2 Professional
9.7 Basis Point Share (BPS) Analysis by Application
9.8 Absolute $ Opportunity Assessment by Application
9.9 Market Attractiveness Analysis by Application
Chapter 10 Asia Pacific Service Robotics Analysis and Forecast
10.1 Introduction
10.2 Asia Pacific Service Robotics Market Size Forecast by Country
10.2.1 China
10.2.2 Japan
10.2.3 South Korea
10.2.4 India
10.2.5 Australia
10.2.6 South East Asia (SEA)
10.2.7 Rest of Asia Pacific (APAC)
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Asia Pacific Service Robotics Market Size Forecast by Application
10.6.1 Personal
10.6.2 Professional
10.7 Basis Point Share (BPS) Analysis by Application
10.8 Absolute $ Opportunity Assessment by Application
10.9 Market Attractiveness Analysis by Application
Chapter 11 Latin America Service Robotics Analysis and Forecast
11.1 Introduction
11.2 Latin America Service Robotics Market Size Forecast by Country
11.2.1 Brazil
11.2.2 Mexico
11.2.3 Rest of Latin America (LATAM)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Latin America Service Robotics Market Size Forecast by Application
11.6.1 Personal
11.6.2 Professional
11.7 Basis Point Share (BPS) Analysis by Application
11.8 Absolute $ Opportunity Assessment by Application
11.9 Market Attractiveness Analysis by Application
Chapter 12 Middle East & Africa (MEA) Service Robotics Analysis and Forecast
12.1 Introduction
12.2 Middle East & Africa (MEA) Service Robotics Market Size Forecast by Country
12.2.1 Saudi Arabia
12.2.2 South Africa
12.2.3 UAE
12.2.4 Rest of Middle East & Africa (MEA)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Middle East & Africa (MEA) Service Robotics Market Size Forecast by Application
12.6.1 Personal
12.6.2 Professional
12.7 Basis Point Share (BPS) Analysis by Application
12.8 Absolute $ Opportunity Assessment by Application
12.9 Market Attractiveness Analysis by Application
Chapter 13 Competition Landscape
13.1 Service Robotics Market: Competitive Dashboard
13.2 Global Service Robotics Market: Market Share Analysis, 2019
13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
13.3.1 GeckoSystems
13.3.2 Sony Corp
13.3.3 Fujitsu Frontech Limited
13.3.4 Yujin Robot among others
13.3.5 Hanool Robotics Corp
13.3.6 Honda Motors Co Ltd
13.3.7 Samsung Electronics
13.3.8 iRobot Corporation
13.3.9 Fujitsu
13.3.10 LG Electronics Inc
13.3.11 AB Electrolux
13.3.12 Toyota Motor Corporation
Segments Covered in the Report
The global Service Robotics market has been segmented based on
By Application
The global Service Robotics market has been segmented based on
By Application
- Personal
- Professional
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- GeckoSystems
- Sony Corp
- Fujitsu Frontech Limited
- Yujin Robot among others
- Hanool Robotics Corp
- Honda Motors Co Ltd
- Samsung Electronics
- iRobot Corporation
- Fujitsu
- LG Electronics Inc
- AB Electrolux
- Toyota Motor Corporation
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