Service Robotics Market Trends, Futuristic Overview and Key Drivers with Top Countries Data By 2026

Market Analysis: Global Service Robotics Market

Service robotics market

Market Definition: Global Service Robotics Market

Service robots are basically assistance-focused robots which are developed with a focus on operating on the same task repeatedly. These robots are employed majorly because the task is dull or dangerous giving rise to risks towards the life of employees. These robots are designed as autonomous robots and are used for tasks excluding industrial automation and are categorised based on the tasks they perform.

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Market Drivers:

Rapid rise in the adoption and application areas of service robotics is expected to increase its demand and positively affect the growth of the market

High return on investments within a short period of time with the adoption of these robots amid increasing costs of human labour; this factor is expected to drive the growth of the market

Increasing usage and demand of these robots for self-defence and military applications is expected to positively drive the growth of the market


Market Restraints:

Requirement of large capital funding for the development and high cost of R&D expenditure are factors restraining the growth of the market

Lack of experience in a number of environments and areas where the need for safe working environment is of utmost importance is expected to restrain the growth of the market growth


Segmentation: Global Service Robotics Market

By Type

Professional Service Robots

Personal Service Robots


By Operating Environment

Marine

AUVs (Automated Guided Underwater Vehicles)

ROVs (Remotely Operated Underwater Vehicles)

Unmanned Surface Vehicles Controls


Aerial

Civil & Commercial

Military


Ground-Based

Field Robotics

Logistics

Telepresence

Domestic Tasks

Defense, Rescue & Security

Medical

Inspection & Maintenance

Personal Assistance & Home Security

Education & Entertainment



By Application

Professional Application

Defense, Rescue & Security

UAV

UGV

Demining

Fire & Bomb Fighting

Others

Surveillance/Security



Field Robots

Agriculture

Forestry

Milking

Others

Mining Systems

Space Robots



Construction

Excavator

Demolition

Bulldozer

Others

Welding

Material Handling



Medical

Surgical

Rehabilitation

Hospital & Pharmacy

Others

Diagnostic

Emergency Response Robotic Systems

Prosthetics/Exoskeletons



Marine

Logistics

Factory Logistics

Outdoor Logistics

Others

Cargo Handling

Mail Sorting



Telepresence

Inspection & Maintenance

Others

Professional Cleaning

Others

Hotel & Restaurant




Personal Application

Domestic Tasks

Cleaning

Assistive

Others

Lawn-Mowing

Home Security & Surveillance



Entertainment

Toys

Others

Robotic Companion Pets

Multimedia Robots



Education, Research & Hobbyist

Others



By Geography

North America

US

Canada

Mexico


South America

Brazil

Argentina

Rest of South America


Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe


Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Malaysia

Indonesia

Thailand

Philippines

Rest of Asia-Pacific


Middle East and Africa

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East and Africa



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Key Developments in the Market:

In October 2018, Cal-Comp Technology (Philippines), Inc. announced that they had agreed to a partnership with SM SUPERMALLS regarding the supply and provision of “New Era AI Robotic” service robots. The robot will provide visitors with information regarding the mall and its tenants.

In September 2018, Alibaba Group Holding Limited announced that they are planning to launch a new service robot for the hospitality sector during the Alibaba Cloud Computing Conference 2018 held in Hangzhou, China from 19-22 September, 2018. The AI robot will act as an assistant to the guests staying at the hotel and will provide them with all of the required information at their fingertips.


Competitive Analysis: Global Service Robotics Market

Global service robotics market

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Major Market Competitors/Players: Global Service Robotics Market

Few of the major competitors currently working in service robotics market are Parrot Drones SAS; GeckoSystems Intl. Corp.; KUKA AG; DJI; Omron Corporation; Alibaba Group Holding Limited; Lely; Honda Motor Co., Ltd.; Kongsberg Maritime; DeLaval Inc.; iRobot.in; Intuitive Surgical; ECA GROUP; Northrop Grumman Corporation; Aethon; Daifuku Co., Ltd.; Cal-Comp Technology(Philippines), Inc.; General Dynamics Mission Systems, Inc.; Seegrid Corporation; Kollmorgen; Dematic; Knightscope, Inc.; JBT; Smith & Nephew; Murata Machinery, Ltd.; SSI SCHAEFER AG; Grenzebach Group; Stryker; Bastian Solutions, Inc.; Panasonic Corporation; YUJIN ROBOT CO., LTD; SAMSUNG; SoftBank Robotics; Robert Bosch GmbH and ECOVACS.

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