The global service robotics market was valued at over US$ 9 Billion in 2017. Service robots have witnessed widespread acceptance among various professional and personal applications owing to benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and reduced operational costs and human errors. Professional service robots are employed in various industries including medical, defense, rescue and security, agriculture, logistics, construction, and professional cleaning among others, whereas personal service robots are used for domestic and entertainment and leisure purpose.
The global service robotics market is expected to almost triple by 2024 from the 2017 level, driven by an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increasing research and development investments, growing awareness regarding the benefits of service robots, and increased demand for automation among professional and personal sectors. However, high initial investment and concern for human safety restricts the growth of the market.
Key Highlights of the Report:
• The global service robotics market is expected to almost triple by 2024 from the 2017 level.
• The global professional service robotics market was valued at close to US$ 7 Billion in 2017.
• The market for personal and domestic service robotics segment is expected to reach nearly US$ 8 Billion by 2024.
• The global professional service robotics sales volume is predicted to exceed 450,000 units by 2024.
• In 2017, logistic application was the major industry vertical, in terms of market share, followed by medical applications.
• Agriculture/field robots controlled over 14% share of the professional service market in 2017.
• In volume terms, the logistic robots accounted for maximum share of the overall professional service robotics volume in 2017.
• The medical robots accounted for single digit share of the professional service robotics volume in 2015, due to expensive nature of these devices.
• Household robots accounted for maximum share of the personal and domestic service robotics market in 2017.
• It is anticipated that the entertainment and leisure robot will account for nearly 30% share of the personal and domestic service robotics market by 2024.
This is the 3rd edition report on Service Robotics by iGATE RESEARCH. The report titled “Global Service Robotics Market and Volume Forecast to 2024 - By Type (Professional Service Robots, Personal and Domestic Service Robots) and Key Players Analysis” provides a comprehensive assessment of the fast-evolving, high-growth Service Robotics Market.
This 151 Page report with 83 Figures and 12 Tables has been analyzed from 8 viewpoints:
1. Global Service Robotics Market and Forecast (2009 - 2024)
2. Global Service Robotics Volume and Forecast (2009 - 2024)
3. Global Professional Service Robotics Market and Forecast - By Segment (2009 - 2024)
4. Global Professional Service Robotics Volume and Forecast - By Segment (2009 - 2024)
5. Global Personal and Domestic Service Robotics Market and Forecast - By Segment (2009 - 2024)
6. Global Personal and Domestic Service Robotics Volume and Forecast - By Segment (2009 - 2024)
7. Key Player - Sales and SWOT Analysis (2010 - 2024)
8. Global Service Robotics Market - Growth Drivers and Challenges
Global Service Robotics Market and Volume Forecast - By Type
1. Professional Service Robotics
2. Personal and Domestic Service Robotics
Global Professional Service Robotics Market and Volume Forecast - By Segment
1. Defence
2. Agriculture/Field
3. Logistic
4. Medical
5. Exoskeletons
6. Public Relations Robots
7. Construction
8. Mobile Platforms
9. Inspection
10. Underwater
11. Rescue and Security
12. Cleaning
13. Others
Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment
1. Household Robotics
2. Entertainment and Leisure Robotics
Global Robotics Market - Key Players Sales and SWOT Analysis
1. KUKA AG
2. Adept Technology (Acquired by OMRON)
3. iRobot Corporation
4. Intuitive Surgical
5. Nachi-Fujikoshi
6. Yaskawa Electric Corporation
Data Sources
iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.
Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.
1. Executive Summary
2. Global Service Robotics Market and Forecast (2009 - 2024)
2.1 Global Professional Service Robotics Market and Forecast
2.2 Global Personal and Domestic Service Robotics Market and Forecast
3. Global Service Robotics Volume and Forecast (2009 - 2024)
3.1 Global Professional Service Robotics Volume and Forecast
3.2 Global Personal and Domestic Service Robotics Volume and Forecast
4. Global Service Robotics Market and Volume Share Analysis (2009 - 2024)
4.1 Global Service Robotics Market Share and Forecast - By Segment
4.2 Global Professional Service Robotics Market Share and Forecast - By Segment
4.3 Global Personal and Domestic Service Robotics Market Share and Forecast - By Segment
4.4 Global Service Robotics Volume Share and Forecast - By Segment
4.5 Global Professional Service Robotics Volume Share and Forecast- By Segment
4.6 Global Personal and Domestic Service Robotics Volume Share and Forecast- By Segment
5. Global Professional Service Robotics Market and Volume Forecast - By Segment (2009 - 2024)
5.1 Global Defense Robotics Market and Volume Forecast
5.1.1 Global Defense Robotics Market and Forecast
5.1.2 Global Defense Robotics Volume and Forecast
5.2 Global Agriculture/Field Robotics Market and Volume Forecast
5.2.1 Global Agriculture/Field Robotics Market and Forecast
5.2.2 Global Agriculture/Field Robotics Volume and Forecast
5.3 Global Logistic Robotics Market and Volume Forecast
5.3.1 Global Logistic Robotics Market and Forecast
5.3.2 Global Logistic Robotics Volume and Forecast
5.4 Global Medical Robotics Market and Volume Forecast
5.4.1 Global Medical Robotics Market and Forecast
5.4.2 Global Medical Robotics Volume and Forecast
5.5 Global Construction Robotics Market and Volume Forecast
5.5.1 Global Construction Robotics Market and Forecast
5.5.2 Global Construction Robotics Volume and Forecast
5.6 Global Mobile Platforms Robotics Market and Volume Forecast
5.6.1 Global Mobile Platforms Robotics Market and Forecast
5.6.2 Global Mobile Platforms Robotics Volume and Forecast
5.7 Global Inspection Robotics Market and Volume Forecast
5.7.1 Global Inspection Robotics Market and Forecast
5.7.2 Global Inspection Robotics Volume and Forecast
5.8 Global Underwater Robotics Market and Volume Forecast
5.8.1 Global Underwater Robotics Market and Forecast
5.8.2 Global Underwater Robotics Volume and Forecast
5.9 Global Rescue and Security Robotics Market and Volume Forecast
5.9.1 Global Rescue and Security Robotics Market and Forecast
5.9.2 Global Rescue and Security Robotics Volume and Forecast
5.10 Global Cleaning Robotics Market and Volume Forecast
5.10.1 Global Cleaning Robotics Market and Forecast
5.10.2 Global Cleaning Robotics Volume and Forecast
5.11 Global Exoskeleton Robotics Market and Volume Forecast
5.11.1 Global Exoskeleton Robotics Market and Forecast
5.11.2 Global Exoskeleton Robotics Volume and Forecast
5.12 Global Public Relation Robotics Market and Volume Forecast
5.12.1 Global Public Relation Robotics Market and Forecast
5.12.2 Global Public Relation Robotics Volume and Forecast
5.13 Global All Others Robotics Market and Volume Forecast
5.13.1 Global All Others Robotics Market and Forecast
5.13.2 Global All Others Robotics Volume and Forecast
6. Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment (2009 - 2024)
6.1 Global Household Robotics Market and Volume Forecast
6.1.1 Global Household Robotics Market and Forecast
6.1.2 Global Household Robotics Volume and Forecast
6.2 Global Entertainment and Leisure Robotics Market and Volume Forecast
6.2.1 Global Entertainment and Leisure Robotics Market and Forecast
6.2.2 Global Entertainment and Leisure Robotics Volume and Forecast
7. Key Player Analysis (2010 - 2024)
7.1 KUKA AG
7.1.1 Company Overview
7.1.2 Sales Analysis
7.1.3 KUKA AG - SWOT Analysis
7.2 Adept Technology (Acquired by OMRON)
7.2.1 Company Overview
7.2.2 Sales Analysis
7.2.3 Adept Technology - SWOT Analysis
7.3 iRobot Corporation
7.3.1 Company Overview
7.3.2 Sales Analysis
7.3.3 iRobot Corporation - SWOT Analysis
7.4 Intuitive Surgical
7.4.1 Company Overview
7.4.2 Sales Analysis
7.4.3 Intuitive Surgical - SWOT Analysis
7.5 Nachi-Fujikoshi
7.5.1 Company Overview
7.5.2 Sales Analysis
7.5.3 Nachi-Fujikoshi - SWOT Analysis
7.6 Yaskawa Electric Corporation
7.6.1 Company Overview
7.6.2 Sales Analysis
7.6.3 Yaskawa Electric Corporation - SWOT Analysis
8. Global Service Robotics Market - Growth Drivers
8.1 Growing Research and Development Expenditure
8.2 Technology Trends Shaping the Future of Robotics
8.3 Government Initiatives Drives Market for Robotics
8.4 Co-Bots Drives Robotics Industry
8.5 Improved Service, Increased Operational Efficiency and Safety
9. Global Service Robotics Market - Challenges
9.1 Human-Robot Interaction Challenges
9.2 The High Cost of Robots Restricts Market Growth
List of Figures:
Figure 2-1: Global - Service Robotics Market (Million US$), 2009 - 2017
Figure 2-2: Global - Forecast for Service Robotics Market (Million US$), 2018 - 2024
Figure 2-3: Global - Professional Service Robotics Market (Million US$), 2009 - 2017
Figure 2-4: Global - Forecast for Professional Service Robotics Market (Million US$), 2018 - 2024
Figure 2-5: Global - Personal and Domestic Service Robotics Market (Million US$), 2009 - 2017
Figure 2-6: Global - Forecast for Personal and Domestic Service Robotics Market (Million US$), 2018 - 2024
Figure 3-1: Global - Service Robotics Volume (Million), 2009 - 2017
Figure 3-2: Global - Forecast for Service Robotics Volume (Million), 2018 - 2024
Figure 3-3: Global - Professional Service Robotics Volume (Number), 2009 - 2017
Figure 3-4: Global - Forecast for Professional Service Robotics Volume (Number), 2018 - 2024
Figure 3-5: Global - Personal and Domestic Service Robotics Volume (Million), 2009 - 2017
Figure 3-6: Global - Forecast for Personal and Domestic Service Robotics Volume (Million), 2018 - 2024
Figure 5-1: Global - Defense Robotics Market (Million US$), 2009 - 2017
Figure 5-2: Global - Forecast for Defense Robotics Market (Million US$), 2018 - 2024
Figure 5-3: Global - Defense Robotics Volume (Number), 2009 - 2017
Figure 5-4: Global - Forecast for Defense Robotics Volume (Number), 2018 - 2024
Figure 5-5: Global - Agriculture/Field Robotics Market (Million US$), 2009 - 2017
Figure 5-6: Global - Forecast for Agriculture/Field Robotics Market (Million US$), 2018 - 2024
Figure 5-7: Global - Agriculture/Field Robotics Volume (Number), 2009 - 2017
Figure 5-8: Global - Forecast for Agriculture/Field Robotics Volume (Number), 2018 - 2024
Figure 5-9: Global - Logistic Robotics Market (Million US$), 2009 - 2017
Figure 5-10: Global - Forecast for Logistic Robotics Market (Million US$), 2018 - 2024
Figure 5-11: Global - Logistic Robotics Volume (Number), 2009 - 2017
Figure 5-12: Global - Forecast for Logistic Robotics Volume (Number), 2018 - 2024
Figure 5-13: Global - Medical Robotics Market (Million US$), 2009 - 2017
Figure 5-14: Global - Forecast for Medical Robotics Market (Million US$), 2018 - 2024
Figure 5-15: Global - Medical Robotics Volume (Number), 2009 - 2017
Figure 5-16: Global - Forecast for Medical Robotics Volume (Number), 2018 - 2024
Figure 5-17: Global - Construction Robotics Market (Million US$), 2009 - 2017
Figure 5-18: Global - Forecast for Construction Robotics Market (Million US$), 2018 - 2024
Figure 5-19: Global - Construction Robotics Volume (Number), 2009 - 2017
Figure 5-20: Global - Forecast for Construction Robotics Volume (Number), 2018 - 2024
Figure 5-21: Global - Mobile Platforms Robotics Market (Million US$), 2009 - 2017
Figure 5-22: Global - Forecast for Mobile Platforms Robotics Market (Million US$), 2018 - 2024
Figure 5-23: Global - Mobile Platforms Robotics Volume (Number), 2009 - 2017
Figure 5-24: Global - Forecast for Mobile Platforms Robotics Volume (Number), 2018 - 2024
Figure 5-25: Global - Inspection Robotics Market (Million US$), 2009 - 2017
Figure 5-26: Global - Forecast for Inspection Robotics Market (Million US$), 2018 - 2024
Figure 5-27: Global - Inspection Robotics Volume (Number), 2009 - 2017
Figure 5-28: Global - Forecast for Inspection Robotics Volume (Number), 2018 - 2024
Figure 5-29: Global - Underwater Robotics Market (Million US$), 2009 - 2017
Figure 5-30: Global - Forecast for Underwater Robotics Market (Million US$), 2018 - 2024
Figure 5-31: Global - Underwater Robotics Volume (Number), 2009 - 2017
Figure 5-32: Global - Forecast for Underwater Robotics Volume (Number), 2018 - 2024
Figure 5-33: Global - Rescue and Security Robotics Market (Million US$), 2009 - 2017
Figure 5-34: Global - Forecast for Rescue and Security Robotics Market (Million US$), 2018 - 2024
Figure 5-35: Global - Rescue and Security Robotics Volume (Number), 2009 - 2017
Figure 5-36: Global - Forecast for Rescue and Security Robotics Volume (Number), 2018 - 2024
Figure 5-37: Global - Cleaning Robotics Market (Million US$), 2009 - 2017
Figure 5-38: Global - Forecast for Cleaning Robotics Market (Million US$), 2018 - 2024
Figure 5-39: Global - Cleaning Robotics Volume (Number), 2009 - 2017
Figure 5-40: Global - Forecast for Cleaning Robotics Volume (Number), 2018 - 2024
Figure 5-41: Global – Exoskeleton Robotics Market (Million US$), 2014 - 2017
Figure 5-42: Global - Forecast for Exoskeleton Robotics Market (Million US$), 2018 - 2024
Figure 5-43: Global – Exoskeleton Robotics Volume (Number), 2014 - 2017
Figure 5-44: Global - Forecast for Exoskeleton Robotics Volume (Number), 2018 - 2024
Figure 5-45: Global - Public Relation Robotics Market (Million US$), 2014 - 2017
Figure 5-46: Global - Forecast for Public Relation Robotics Market (Million US$), 2018 - 2024
Figure 5-47: Global - Public Relation Robotics Volume (Number), 2014 - 2017
Figure 5-48: Global - Forecast for Public Relation Robotics Volume (Number), 2018 - 2024
Figure 5-49: Global - All Others Robotics Market (Million US$), 2009 - 2017
Figure 5-50: Global - Forecast for All Others Robotics Market (Million US$), 2018 - 2024
Figure 5-51: Global - All Others Robotics Volume (Number), 2009 - 2017
Figure 5-52: Global - Forecast for All Others Robotics Volume (Number), 2018 - 2024
Figure 6-1: Global - Household Robotics Market (Million US$), 2009 - 2017
Figure 6-2: Global - Forecast for Household Robotics Market (Million US$), 2018 - 2024
Figure 6-3: Global - Household Robotics Volume (Million), 2009 - 2017
Figure 6-4: Global - Forecast for Household Robotics Volume (Million), 2018 - 2024
Figure 6-5: Global - Entertainment and Leisure Robotics Market (Million US$), 2009 - 2017
Figure 6-6: Global - Forecast for Entertainment and Leisure Robotics Market (Million US$), 2018 - 2024
Figure 6-7: Global - Entertainment and Leisure Robotics Volume (Million), 2009 - 2017
Figure 6-8: Global - Forecast for Entertainment and Leisure Robotics Volume (Million), 2018 - 2024
Figure 7-1: KUKA AG - Robotics Sales (Million US$), 2010 - 2017
Figure 7-2: KUKA AG - Forecast for Robotics Sales (Million US$), 2018 - 2024
Figure 7-3: Adept Technology - Robotics Sales (Million US$), 2010 - 2015
Figure 7-4: iRobot Corporation - Robotics Sales (Million US$), 2010 - 2017
Figure 7-5: iRobot Corporation - Forecast for Robotics Sales (Million US$), 2018 - 2024
Figure 7-6: Intuitive Surgical - Robotics Sales (Million US$), 2010 - 2017
Figure 7-7: Intuitive Surgical - Forecast for Robotics Sales (Million US$), 2018 - 2024
Figure 7-8: Nachi-Fujikoshi Corp. - Robotics Sales (Million US$), 2010 - 2017
Figure 7-9: Nachi-Fujikoshi Corp. - Forecast for Robotics Sales (Million US$), 2018 - 2024
Figure 7-10: Yaskawa Electric Corporation - Robotics Sales (Million US$), 2010 - 2017
Figure 7-11: Yaskawa Electric Corporation - Forecast for Robotics Sales (Million US$), 2018 - 2024
List of Tables:
Table 4-1: Global - Service Robotics Market Share (Percent), 2009 - 2017
Table 4-2: Global - Forecast for Service Robotics Market Share (Percent), 2018 - 2024
Table 4-3: Global - Professional Service Robotics Market Share (Percent), 2009 - 2017
Table 4-4: Global - Forecast for Professional Service Robotics Market Share (Percent), 2018 - 2024
Table 4-5: Global - Personal and Domestic Service Robotics Market Share (Percent), 2009 - 2017
Table 4-6: Global - Forecast for Personal and Domestic Service Robotics Market Share (Percent), 2018 - 2024
Table 4-7: Global - Service Robotics Volume Share (Percent), 2009 - 2017
Table 4-8: Global - Forecast for Service Robotics Volume Share (Percent), 2018 - 2024
Table 4-9: Global - Professional Service Robotics Volume Share (Percent), 2009 - 2017
Table 4-10: Global - Forecast for Professional Service Robotics Volume Share (Percent), 2018 - 2024
Table 4-11: Global - Personal and Domestic Service Robotics Volume Share (Percent), 2009 - 2017
Table 4-12: Global - Forecast for Personal and Domestic Service Robotics Volume Share (Percent), 2018 - 2024
KUKA AG, Adept Technology (Acquired by OMRON), iRobot Corporation, Intuitive Surgical, Nachi-Fujikoshi, Yaskawa Electric Corporation
