Global Service Robots Market Dynamics to Support 19.1% Growth Rate for 2021-2027

The global Service Robots market was valued at US$ 14960 million in 2020 and is expected to reach US$ 52100 million by the end of 2027, growing at a CAGR of 19.0% during 2021-2027.

A robot is an actuated mechanism programmable in two or more axes with a degree of autonomy, moving within its environment, to perform intended tasks. Autonomy in this context means the ability to perform intended tasks based on current state and sensing, without human intervention. A service robot is a robot that performs useful tasks for humans or equipment excluding industrial automation application.

Global Service Robots Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Service Robots Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Intuitive Surgical, IRobot, Dyson, Neato Robotics, Sharp, Toshiba, Panasonic, Gecko Systems, Northrop Grumman Corporation, Eca Group, Kongsberg Maritim, Fujitsu Frontech Limited, Kawasaki, Rewalk, Sony, Honda, Toyota, Softbank, Hitachi, Alsok and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

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Segment by Type

  • Surgical Robots
  • Cleaning Robots
  • Vacuuming Robots
  • Mopping Robots
  • Personal Mobility Assist Robots
  • Pet Exercising Robots
  • Milking Robots
  • Others

Segment by Application

  • Household Robots
  • Education/Entertainment Robots
  • Nursing/Rehabilitation Robots
  • Medical Robots
  • Agriculture, Forestry, Livestock Farming and Fisheries Robots
  • Others

Table of Content:

1 Service Robots Market Overview

2 Service Robots Market Competition by Manufacturers

3 Service Robots Retrospective Market Scenario by Region

4 Global Service Robots Historic Market Analysis by Type

5 Global Service Robots Historic Market Analysis by Application

6 Key Companies Profiled

7 Service Robots Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Service Robots Market Dynamics

10 Global Service Robots Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

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