Press release
Service Robotics Market 2018 by Global Leaders: Intuitive Surgical, Parrot SA, GeckoSystems, Honda Motor, Adept Technology, LG Electronics, Grumman
Service Robotics Market Global Market- Overview
A service robot is a type of robot that executes the essential tasks for humans or equipment excluding industrial automation application. Service robotics is segregated into two parts as personal/domestic service robots and professional service robots. The domestic service robots are used for domestic task which include humanoids, pool cleaning, window cleaning and others. Further, the personal robots are implemented for entertainment robots, personal transportation, home security, and others. The major driving factors for the growth of Service Robotics Market include rising need for medical and healthcare sector and surging implementation of robots in education & manufacturing purposes. Additionally, technological advancement in computer aided systems, internet of things (IoT), and engineering technologies are also some of the factors for propelling service robotics market. On the flipside, lack of awareness and scarcity of investment for many companies could be impelling factors for the growth of service robotics market over the review period.
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Key Players
The prominent players in the Service robotics Market are - GeckoSystems Intl. Corp. (U.S.), Honda Motor Co. Ltd. (Japan), Adept Technology, Inc. (U.S.), KUKA AG (Germany), iRobot Corporation (U.S.), Kongsberg Maritime AS (Norway), DJI (China), Intuitive Surgical, Inc. (U.S.), Parrot SA (France), Grumman Corporation (U.S.), Fujitsu Frontech Limited (Japan), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea) among others
Service Robotics Market Global Market - Segmentation
• Segmentation by Type: Domestic and Professional.
• Segmentation by End-user: Automotive, Transportation, Healthcare, Construction, Defense, Media & Entertainment, Security, Supply & Logistics, Agriculture, and Others.
• Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the World.
Service robotics Market Segmentation
The Service robotics Market has been segmented on the basis of type and end user. Looking through the end-user segments it’s been observed that healthcare industry is dominating in service robotics market. Automotive, defense and construction industries are also showing a positive growth towards service robotics. In the defense sector, service robotics reduces the human involvement, thereby reducing the number of victims in military actions which would result in increase of service robotics market by the forecast period.
Market Research Analysis:
Market Research Future Analysis has observed, increasing investment for service robots, IT modernization, technological advancements and others. The major benefits of service robotics are increase in efficiency, replacing labor intervention among others. These factors would definitely increase the service robotics market by the forecast period.
Regional analysis for service robotics market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America would account for larger share in service robotics sector followed by Europe and Asia-Pacific. In North America increased demand of service robots by defense, medical, construction sectors and inclination towards automation is observed. Asia-Pacific countries like Japan, China, and Korea are expected to show significant progress in field of service robotics.
Industry News
October 2017, iRobot Corporation, one of the leading manufacturer of consumer robot had acquired Robopolis SAS based in France. By this acquisition, iRobot Corporation would be able to expand the presence in European region.
March 2018, KUKA AG based in Germany, one of the leading manufacturer of industrial robots and solutions for factory automation had come aligned with the HOMAG Group one of the leading supplier of integrated solutions for production in the wood processing industry. By this aligment, both of the parties will have an intensive cooperation in global development projects and emphasis on the sale of automated solutions for the global wood processing market.
March 2018, ANA Holdings Inc., one of the largest airline in Japan in terms of revenues and passenger numbers. and Honda Company had agreed and signed a Memorandum of Understanding (MoU) for a strategic partnership backing the expansion of the business jet market around the globe.
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Intended Audience
• Technology investors
• Robot component and equipment manufacturers and suppliers
• Robot manufacturers and suppliers
• System designers and machine manufacturers
• Product manufacturers
• Robot system and software programmers
• Analysts and strategic business planners
• End-users
• Research labs and research institutes
• System Integrators
• Government Organizations
• Research/Consultancy firms
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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