Service Robotics Market Analysis and Forecast to 2032: By Type (Professional Service Robotics and Personal Service Robotics), Component (Hardware and Software), Application (Healthcare, Defense, Logistics, Construction, Domestic, and Others), and Region
Service robotics is a sub-field of robotics that deals with the design and deployment of robots for use in a service capacity. This includes tasks such as cleaning, maintenance, security, and customer service. Service robots are usually designed to operate autonomously, with minimal or no human supervision, and are often equipped with sensors and other devices to help them navigate their environment and carry out their tasks.
Key Trends
Service robotics technology is developing rapidly, with new applications and capabilities appearing every year. Some of the key trends in this field include:
- Increased autonomy: Service robots are becoming increasingly autonomous, with the ability to perform tasks with minimal human intervention.
- Improved sensors and navigation: Service robots are equipped with ever-more sophisticated sensors and navigation systems, allowing them to operate in complex environments.
- Increased networking and connectivity: Service robots are increasingly connected to each other and to other devices and systems, enabling them to share data and information.
- Enhanced artificial intelligence: Service robots are incorporating more advanced artificial intelligence algorithms, making them more capable of understanding and responding to their surroundings.
- Greater physical capabilities: Service robots are being designed with greater strength and dexterity, allowing them to handle more challenging tasks.
Key Drivers
Service robotics is a rapidly growing market with numerous applications in a variety of industries. The key drivers of this market are the increasing demand for automation and the need for cost-effective solutions. Service robots are used in a variety of applications such as healthcare, manufacturing, logistics, and retail. They are capable of performing tasks such as cleaning, inspection, and maintenance.
The healthcare industry is one of the largest users of service robots. These robots are used for tasks such as disinfection, delivery of drugs and supplies, and patient handling. They help to reduce the spread of infection and improve patient safety. In the manufacturing industry, service robots are used for tasks such as welding, material handling, and assembly. They help to improve productivity and quality while reducing costs.
Restraints & Challenges
The key restraints and challenges in the Service Robotics market can be classified into three categories: technological, economic, and regulatory.
Firstly, from a technological perspective, service robots are still in their infancy and have not yet reached a level of sophistication where they can fully replace humans in many service applications. There are still many limitations in terms of their sensors, intelligence, and physical capabilities. As a result, there are still many tasks that human workers can perform better than service robots.
Secondly, from an economic perspective, service robots are still quite expensive. Many businesses are reluctant to invest in them because they are not sure if they will be able to recover their investment. Additionally, the maintenance and repair costs of service robots can be quite high.
Key Market Segments
The global service robotics market is segmented by type, component, application, and geography. By type, it is classified into professional service robots and personal service robots. Based on component, the market is bifurcated into hardware and software. By application, it is segmented into healthcare, defense, domestic, construction, logistics, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
The global Service Robotics Market report includes players like iRobot Corporation (USA), Intuitive Surgical, Inc. (USA), DJI Innovations (China), SoftBank Robotics (Japan), Boston Dynamics (USA), Universal Robots (Denmark), ABB Group (Switzerland), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), and Fanuc Corporation (Japan)
Service Robotics Market Report Coverage
- The report offers a comprehensive quantitative as well as qualitative analysis of the current Service Robotics Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of Service Robotics Market in terms of revenue ($Million).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Service Robotics Market .
- A thorough analysis of market trends and restraints is provided.
- By region as well as country market analysis is also presented in this report.
- Analytical depiction of the Service Robotics Market along with the current trends and future estimations to depict imminent investment pockets. The overall Service Robotics Market opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Service Robotics Market are also analyzed.
Table of Contents
Chapter 1. Service Robotics Market Overview
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Limitations
1.4. Research Methodologies
1.4.1. Secondary Research
1.4.2. Market Size Estimation Technique
1.4.3. Forecasting
1.4.4. Primary Research and Data Validation
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Premium Insights on the Market
3.1. Market Attractiveness Analysis, By Region
3.2. Market Attractiveness Analysis, By Type
3.3. Market Attractiveness Analysis, By Component
3.4. Market Attractiveness Analysis, By Application
Chapter 4. Service Robotics Market Outlook
4.1. Service Robotics Market Segmentation
4.2. Market Dynamics
4.2.1. Market Drivers
4.2.1.1. Driver 1
4.2.1.2. Driver 2
4.2.1.3. Driver 3
4.2.2. Market Restraints
4.2.2.1. Restraint 1
4.2.2.2. Restraint 2
4.2.3. Market Opportunities
4.2.3.1. Opportunity 1
4.2.3.2. Opportunity 2
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Buyers
4.3.4. Bargaining Power of Supplier
4.3.5. Competitive Rivalry
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.5.1. Raw Material Suppliers
4.5.2. Manufacturers
4.5.3. Wholesalers and/or Retailers
4.6. Impact of COVID-19 on the Service Robotics Market
4.7. Impact of the Russia and Ukraine War on the Service Robotics Market
4.8. Case Study Analysis
4.9. Pricing Analysis
Chapter 5. Service Robotics Market , By Type
5.1. Market Overview
5.2. Professional Service Robotics
5.2.1. Market Size and Forecast.
5.2.2. Market Size and Forecast, By Region.
5.3. Personal Service Robotics
5.3.1. Market Size and Forecast.
5.3.2. Market Size and Forecast, By Region.
Chapter 6. Service Robotics Market , By Application
6.1. Market Overview
6.2. Hardware
6.2.1. Market Size and Forecast.
6.2.2. Market Size and Forecast, By Region.
6.3. Software
6.3.1. Market Size and Forecast.
6.3.2. Market Size and Forecast, By Region.
Chapter 7. Service Robotics Market , By Component
7.1. Market Overview
7.2. Healthcare
7.2.1. Market Size and Forecast.
7.2.2. Market Size and Forecast, By Region.
7.3. Defense
7.3.1. Market Size and Forecast.
7.3.2. Market Size and Forecast, By Region.
7.4. Logistics
7.4.1. Market Size and Forecast.
7.4.2. Market Size and Forecast, By Region.
7.5. Construction
7.5.1. Market Size and Forecast.
7.5.2. Market Size and Forecast, By Region.
7.6. Domestic
7.6.1. Market Size and Forecast.
7.6.2. Market Size and Forecast, By Region.
7.7. Others
7.7.1. Market Size and Forecast.
7.7.2. Market Size and Forecast, By Region.
Chapter 8. Service Robotics Market , By Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Service Robotics Market Size and Forecast By Type.
8.2.3. North America Service Robotics Market Size and Forecast By Application.
8.2.4. North America Service Robotics Market Size and Forecast By Component.
8.2.5. North America Service Robotics Market Size and Forecast By Country.
8.2.6. The U.S.
8.2.6.1. The U.S. Service Robotics Market Size and Forecast By Type.
8.2.6.2. The U.S. Service Robotics Market Size and Forecast By Application.
8.2.6.3. The U.S. Service Robotics Market Size and Forecast By Component.
8.2.7. Canada
8.2.7.1. Canada Service Robotics Market Size and Forecast By Type.
8.2.7.2. Canada Service Robotics Market Size and Forecast By Application.
8.2.7.3. Canada Service Robotics Market Size and Forecast By Component.
8.2.8. Mexico
8.2.8.1. Mexico Service Robotics Market Size and Forecast By Type.
8.2.8.2. Mexico Service Robotics Market Size and Forecast By Application.
8.2.8.3. Mexico Service Robotics Market Size and Forecast By Component.
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Service Robotics Market Size and Forecast By Type.
8.3.3. Europe Service Robotics Market Size and Forecast By Application.
8.3.4. Europe Service Robotics Market Size and Forecast By Component.
8.3.5. Europe Service Robotics Market Size and Forecast By Country.
8.3.6. The U.K.
8.3.6.1. The U.K. Service Robotics Market Size and Forecast By Type.
8.3.6.2. The U.K. Service Robotics Market Size and Forecast By Application.
8.3.6.3. The U.K. Service Robotics Market Size and Forecast By Component.
8.3.7. Germany
8.3.7.1. Germany Service Robotics Market Size and Forecast By Type.
8.3.7.2. Germany Service Robotics Market Size and Forecast By Application.
8.3.7.3. Germany Service Robotics Market Size and Forecast By Component.
8.3.8. France
8.3.8.1. France Service Robotics Market Size and Forecast By Type.
8.3.8.2. France Service Robotics Market Size and Forecast By Application.
8.3.8.3. France Service Robotics Market Size and Forecast By Component.
8.3.9. Spain
8.3.9.1. Spain Service Robotics Market Size and Forecast By Type.
8.3.9.2. Spain Service Robotics Market Size and Forecast By Application.
8.3.9.3. Spain Service Robotics Market Size and Forecast By Component.
8.3.10. Italy
8.3.10.1. Italy Service Robotics Market Size and Forecast By Type.
8.3.10.2. Italy Service Robotics Market Size and Forecast By Application.
8.3.10.3. Italy Service Robotics Market Size and Forecast By Component.
8.3.11. Netherlands
8.3.11.1. Netherlands Service Robotics Market Size and Forecast By Type.
8.3.11.2. Netherlands Service Robotics Market Size and Forecast By Application.
8.3.11.3. Netherlands Service Robotics Market Size and Forecast By Component.
8.3.12. Sweden
8.3.12.1. Sweden Service Robotics Market Size and Forecast By Type.
8.3.12.2. Sweden Service Robotics Market Size and Forecast By Application.
8.3.12.3. Sweden Service Robotics Market Size and Forecast By Component.
8.3.13. Switzerland
8.3.13.1. Switzerland Service Robotics Market Size and Forecast By Type.
8.3.13.2. Switzerland Service Robotics Market Size and Forecast By Application.
8.3.13.3. Switzerland Service Robotics Market Size and Forecast By Component.
8.3.14. Denmark
8.3.14.1. Denmark Service Robotics Market Size and Forecast By Type.
8.3.14.2. Denmark Service Robotics Market Size and Forecast By Application.
8.3.14.3. Denmark Service Robotics Market Size and Forecast By Component.
8.3.15. Finland
8.3.15.1. Finland Service Robotics Market Size and Forecast By Type.
8.3.15.2. Finland Service Robotics Market Size and Forecast By Application.
8.3.15.3. Finland Service Robotics Market Size and Forecast By Component.
8.3.16. Russia
8.3.16.1. Russia Service Robotics Market Size and Forecast By Type.
8.3.16.2. Russia Service Robotics Market Size and Forecast By Application.
8.3.16.3. Russia Service Robotics Market Size and Forecast By Component.
8.3.17. Rest of Europe
8.3.17.1. Rest of Europe Service Robotics Market Size and Forecast By Type.
8.3.17.2. Rest of Europe Service Robotics Market Size and Forecast By Application.
8.3.17.3. Rest of Europe Service Robotics Market Size and Forecast By Component.
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Service Robotics Market Size and Forecast By Country.
8.4.3. Asia-Pacific Service Robotics Market Size and Forecast By Type.
8.4.4. Asia-Pacific Service Robotics Market Size and Forecast By Application.
8.4.5. Asia-Pacific Service Robotics Market Size and Forecast By Component.
8.4.6. China
8.4.6.1. China Service Robotics Market Size and Forecast By Type.
8.4.6.2. China Service Robotics Market Size and Forecast By Application.
8.4.6.3. China Service Robotics Market Size and Forecast By Component.
8.4.7. India
8.4.7.1. India Service Robotics Market Size and Forecast By Type.
8.4.7.2. India Service Robotics Market Size and Forecast By Application.
8.4.7.3. India Service Robotics Market Size and Forecast By Component.
8.4.8. Japan
8.4.8.1. Japan Service Robotics Market Size and Forecast By Type.
8.4.8.2. Japan Service Robotics Market Size and Forecast By Application.
8.4.8.3. Japan Service Robotics Market Size and Forecast By Component.
8.4.9. South Korea
8.4.9.1. South Korea Service Robotics Market Size and Forecast By Type.
8.4.9.2. South Korea Service Robotics Market Size and Forecast By Application.
8.4.9.3. South Korea Service Robotics Market Size and Forecast By Component.
8.4.10. Australia
8.4.10.1. Australia Service Robotics Market Size and Forecast By Type.
8.4.10.2. Australia Service Robotics Market Size and Forecast By Application.
8.4.10.3. Australia Service Robotics Market Size and Forecast By Component.
8.4.11. Singapore
8.4.11.1. Singapore Service Robotics Market Size and Forecast By Type.
8.4.11.2. Singapore Service Robotics Market Size and Forecast By Application.
8.4.11.3. Singapore Service Robotics Market Size and Forecast By Component.
8.4.12. Indonesia
8.4.12.1. Indonesia Service Robotics Market Size and Forecast By Type.
8.4.12.2. Indonesia Service Robotics Market Size and Forecast By Application.
8.4.12.3. Indonesia Service Robotics Market Size and Forecast By Component.
8.4.13. Taiwan
8.4.13.1. Taiwan Service Robotics Market Size and Forecast By Type.
8.4.13.2. Taiwan Service Robotics Market Size and Forecast By Application.
8.4.13.3. Taiwan Service Robotics Market Size and Forecast By Component.
8.4.14. Malaysia
8.4.14.1. Malaysia Service Robotics Market Size and Forecast By Type.
8.4.14.2. Malaysia Service Robotics Market Size and Forecast By Application.
8.4.14.3. Malaysia Service Robotics Market Size and Forecast By Component.
8.4.15. Rest of APAC
8.4.15.1. Rest of APAC Service Robotics Market Size and Forecast By Type.
8.4.15.2. Rest of APAC Service Robotics Market Size and Forecast By Application.
8.4.15.3. Rest of APAC Service Robotics Market Size and Forecast By Component.
8.5. Rest of The World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of The World Service Robotics Market Size and Forecast By Type.
8.5.3. Rest of The World Service Robotics Market Size and Forecast By Application.
8.5.4. Rest of The World Service Robotics Market Size and Forecast By Component.
8.5.5. Rest of The World Service Robotics Market Size and Forecast By Country.
8.5.6. Latin America
8.5.6.1. Latin America Service Robotics Market Size and Forecast By Type.
8.5.6.2. Latin America Service Robotics Market Size and Forecast By Application.
8.5.6.3. Latin America Service Robotics Market Size and Forecast By Component.
8.5.7. Middle East
8.5.7.1. Middle East Service Robotics Market Size and Forecast By Type.
8.5.7.2. Middle East Service Robotics Market Size and Forecast By Application.
8.5.7.3. Middle East Service Robotics Market Size and Forecast By Component.
8.5.8. Africa
8.5.8.1. Africa Service Robotics Market Size and Forecast By Type.
8.5.8.2. Africa Service Robotics Market Size and Forecast By Application.
8.5.8.3. Africa Service Robotics Market Size and Forecast By Component.
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Type Development
9.3.2. Type Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, And Collaborations
9.3.5. Mergers And Acquisitions
Chapter 10. Company Profiles
10.1. iRobot Corporation (USA)
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Type Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Intuitive Surgical, Inc. (USA)
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Type Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. DJI Innovations (China)
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Type Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. SoftBank Robotics (Japan)
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Type Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Boston Dynamics (USA)
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Type Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Universal Robots (Denmark)
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Type Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. ABB Group (Switzerland)
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Type Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. KUKA AG (Germany)
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Type Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Yaskawa Electric Corporation (Japan)
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Type Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Fanuc Corporation (Japan)
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Type Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The List of Company Is Subject To Change During The Final Compilation of The Report
Key Players
Key Market Segments
- By Type
- Professional Service Robotics
- Personal Service Robotics
- By Component
- Hardware
- Software
- By Application
- Healthcare
- Defense
- Logistics
- Construction
- Domestic
- Others
-
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- Germany
- France
- Spain
- Italy
- Netherlands
- Sweden
- Switzerland
- Denmark
- Finland
- Russia
- Rest of Europe
- The Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Indonesia
- Taiwan
- Malaysia
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa
- North America