Service Robotics Market By Application - Global Industry Analysis and Forecast to 2023

2018-05-30 / 3800.00 / Technology / 80 Pages

Description

Industry Outlook and Trend Analysis

The Service Robotics Market was worth USD 7.78 billion in the year of 2014 and is expected to reach approximately USD 27.15 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 14.90% during the forecast period. The requirement to battle rising work costs in developed countries and increasing instances of assisted living are anticipated to provide driving force to the worldwide service robotics market. Since they assist in performing tasks that would somehow be considered unsafe or troublesome, service robots are foreseen to encounter significant demand. Furthermore, regular assignments can be effortlessly taken care of with a high level of exactness by these computer-controlled gadgets. Nonetheless, service robotics is in nearness to people; in this manner, guaranteeing complete health and security is absolutely critical. An expanding number of organizations have been creating and sharpening automation methods keeping in mind the end goal to gain share of the market. Key parts of the service robotics incorporate actuators, power supply, manipulators, sensors, and microcontrollers, of which sensors are the most important. Moreover, mobile technology, increasing geriatric population and smart devices implementing robotics, venture capital investments, funds and favorable government grants and enhancement of complementary technologies among others are foreseen to affect the market demand positively.

Application outlook and Trend Analysis

The market for service robotics can be extensively classified into two application portions and incorporates personal service robotics and professional service robotics. The service robotics incorporate four principle service robotics includes four main professional service robotics applications, for example, medical, defense, field and logistic. In 2012 Service robotics utilized for guard purposes represented a significant piece of the overall industry because of their utilization in unmanned aeronautical vehicles among others. Field robots, which are utilized for purposes, for example, mining, agriculture, milling, forestry, etc. represented around 25 percent of the general proficient mechanical technology section. Medical robots have increased far reaching acknowledgment because of their help in treatment and robot-assisted surgery. Nonetheless, medical robotics systems are extremely expensive, because of which providers offer renting contracts for them. Additionally, service robotics is utilized as a part of various applications, for example, underwater, mobile platforms, construction, cleaning, rescue and inspection among others. The personal service robotics applications include two fundamental applications and incorporate entertainment and leisure robots and household robots. Personal service robotics represented a substantially smaller income share when compared to its alternatives and have altogether different advertising and evaluating channel. Personal robots are utilized for entertainment, education, lawn mowing, handicap assistance, and research, and so on.

Regional Outlook and Trend Analysis

Asia-Pacific is foreseen to remain the market pioneer, fundamentally by virtue of huge advancements in South Korea and Japan. The United States is likewise anticipated that would involve noteworthy piece of the overall industry and become speedier than the worldwide normal amid the gauge time frame. Quick increment in industrialization and improvement of manufacturing limits in the North America area is probably going to quicken the development of service robotics market. Furthermore, the rapidly developing automotive industry is foreseen to drive the market development in districts including Asia Pacific and North America. The requirement for benefit mechanical technology is anticipated to ascend in creating economies including China, India among others attributable to ascend in assembling and manufacturing bases.

Competitive Insights

The major companies participating in the market are LG Electronics, Gecko Systems International Corporation, Yujin Robot, Electrolux, FUJITSU FRONTECH LTD, Honda Motor Company, iRobot, Toyota, Fujitsu, Hanool Robotics Corp and Sony Corporation.

The global Service Robotics Market is segmented as follows-

By Application:


Defense
Logistics
Personal
Household
Professional
Field
Medical
Entertainment and Leisure


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023`
What will be the industry market growth from 2015 to 2023`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Prevalence of HIV
3.2.1.2. Implementation of Favorable Government Initiatives
3.2.1.3. Introduction of Rapid And Portable Diagnostic Tests
3.2.2. Restraints
3.2.2.1. Lack Of Awareness Regarding Diagnosis
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Service Robotics Market, By Application
4.1. Introduction
4.2. Global Service Robotics Sales, Revenue and Market Share by Application (2014-2017)
4.2.1. Global Service Robotics Sales and Sales Share by Application (2014-2017)
4.2.2. Global Service Robotics Revenue and Revenue Share by Application (2014-2017)
4.3. Service Robotics Market Assessment and Forecast, By Application, 2014-2023
4.4. Professional
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.5. Defense
4.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.6. Field
4.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.7. Logistics
4.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.8. Medical
4.8.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.9. Personal
4.9.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.10. Entertainment and Leisure
4.10.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.11. Household
4.11.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5. Service Robotics Market, By Region
5.1. Introduction
5.2. Service Robotics Market, Assessment and Forecast, By Region, 2014-2023 ($Million)
5.3. Global Service Robotics Sales, Revenue and Market Share by Regions
5.3.1. Global Service Robotics Sales by Regions (2014-2017)
5.3.2. Global Service Robotics Revenue by Regions (2014-2017)
5.4. North America
5.4.1. North America Service Robotics Sales and Growth Rate (2014-2017)
5.4.2. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.4.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.4.4. U.S.
5.4.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.4.5. Canada
5.4.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.4.6. Mexico
5.4.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.5. Europe
5.5.1. Europe Service Robotics Sales and Growth Rate (2014-2017)
5.5.2. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.5.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.5.4. Germany
5.5.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.5.5. France
5.5.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.5.6. UK
5.5.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.5.7. Italy
5.5.7.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.5.8. Spain
5.5.8.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.5.9. Rest of Europe
5.5.9.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.6. Asia-Pacific
5.6.1. Asia-Pacific Service Robotics Sales and Growth Rate (2014-2017)
5.6.2. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.6.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.6.4. Japan
5.6.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.6.5. China
5.6.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.6.6. Australia
5.6.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.6.7. India
5.6.7.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.6.8. South Korea
5.6.8.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.6.9. Rest of Asia-Pacific
5.6.9.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.7. Rest of the World
5.7.1. Rest of the World Service Robotics Sales and Growth Rate (2014-2017)
5.7.2. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.7.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.7.4. Brazil
5.7.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.7.5. Turkey
5.7.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.7.6. Saudi Arabia
5.7.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.7.7. South Africa
5.7.7.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.7.8. United Arab Emirates
5.7.8.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.7.9. Others
5.7.9.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6. Company Profiles
6.1. AB Electrolux
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Strategic Developments
6.1.4. Service Robotics Sales, Revenue and Market Share
6.2. Fujitsu Frontech Limited
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Strategic Developments
6.2.4. Service Robotics Sales, Revenue and Market Share
6.3. GeckoSystems
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Strategic Developments
6.3.4. Service Robotics Sales, Revenue and Market Share
6.4. Hanool Robotics Corp
6.4.1. Business Overview
6.4.2. Product Portfolio
6.4.3. Strategic Developments
6.4.4. Service Robotics Sales, Revenue and Market Share
6.5. Honda Motors Co. Ltd.
6.5.1. Business Overview
6.5.2. Product Portfolio
6.5.3. Strategic Developments
6.5.4. Service Robotics Sales, Revenue and Market Share
6.6. iRobot Corporation
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Strategic Developments
6.6.4. Service Robotics Sales, Revenue and Market Share
6.7. LG Electronics Inc
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Strategic Developments
6.7.4. Service Robotics Sales, Revenue and Market Share
6.8. Samsung Electronics
6.8.1. Business Overview
6.8.2. Product Portfolio
6.8.3. Strategic Developments
6.8.4. Service Robotics Sales, Revenue and Market Share
6.9. Sony Corp
6.9.1. Business Overview
6.9.2. Product Portfolio
6.9.3. Strategic Developments
6.9.4. Service Robotics Sales, Revenue and Market Share
6.10. Toyota Motor Corporation
6.10.1. Business Overview
6.10.2. Product Portfolio
6.10.3. Strategic Developments
6.10.4. Service Robotics Sales, Revenue and Market Share
6.11. Yujin Robot
6.11.1. Business Overview
6.11.2. Product Portfolio
6.11.3. Strategic Developments
6.11.4. Service Robotics Sales, Revenue and Market Share
7. Global Service Robotics Market Competition, by Manufacturer
7.1. Global Service Robotics Sales and Market Share by Manufacturer (2016-2017)
7.2. Global Service Robotics Revenue and Market Share by Manufacturer (2016-2017)
7.3. Top 5 Service Robotics Manufacturer Market Share
7.4. Market Competition Trend


Table of Figures

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