The
global service
robotics market is expected to
reach USD 23.90 Billion by 2022, at a CAGR of 15.18% between 2016 and 2022. The
market is expected to grow substantially owing to factors such as high demand
from medical and healthcare sector, increasing usage of robots for education &
research purposes and short- to medium-term payback period and high return on
investment (ROI).
The
service robotics market has been segmented on the basis of operating
environment into aerial, ground, and marine. The aerial market has been further
classified into military, and civil and commercial applications. The ground
service robotics market has been segmented into defense, rescue and security,
field robotics, medical, logistics, telepresence, inspection and maintenance,
domestic tasks, education and entertainment, and personal assistance and home
security. Autonomous underwater vehicles (AUVs), remotely operated vehicles
(ROVs), and unmanned surface vehicles are different types of marine service
robots. Among the overall service robotics market, the market for ground-based
service robots is expected to grow at a higher rate because of the strong
demand from logistics applications, especially for automated guided vehicles
(AGVs) and other service robots for automating the transportation services
across this end-user application vertical.
The
market for the professional service robots is expected to grow at the highest
rate by 2022. Many end users in the professional application segment have
already adopted usage of service robots across essential business operations.
Emergence of other professional service applications such as telepresence, and
inspection and maintenance are further estimated to add to the growth of
professional sector of service robots’ deployment. Such trend is more prominent
among developed countries across European region, which, in turn, is estimated
to hold the largest market share during the forecast period. However,
Asia-Pacific is expected to grow at the highest rate owing to the strong demand
for professional service robots across China and India.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=681
Some
of the major companies in the service robotics market include Northrop Grumman
Corporation (U.S.), KUKA AG (Germany), iRobot Corporation (U.S.), Kongsberg
Maritime AS (Norway), DJI (China), Intuitive Surgical, Inc. (U.S.), Parrot SA
(France), GeckoSystems Intl. Corp.
(U.S.), Honda Motor Co. Ltd. (Japan), Adept Technology, Inc. (U.S.), Bluefin
Robotics- now wholly owned subsidiary of General Dynamics Mission Systems, Inc.
(U.S.), ECA Group (France), Aethon Inc. (U.S.), DeLaval International AB
(Sweden), and Lely Holding S.a.r.l. (Netherlands)
About MarketsandMarkets™
MarketsandMarkets™
provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’
revenues. Currently servicing 7500 customers worldwide including 80% of global
Fortune 1000 companies as clients. Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets™ for their painpoints around
revenues decisions.
Our
850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high
growth markets following the "Growth Engagement Model – GEM". The GEM
aims at proactive collaboration with the clients to identify new opportunities,
identify most important customers, write "Attack, avoid and defend"
strategies, identify sources of incremental revenues for both the company and
its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators,
strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this
year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s
flagship competitive intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets and entire value
chains for deeper understanding of the unmet insights along with market sizing
and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
