Service Robots Market Latest Technology Trends 2018 | Growth by Top Companies: Intuitive Surgical, IRobot, Dyson, Neato Robotics, Sharp

Service 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.
Japan alone had 26% revenue share of the global service robotics market from 2011 to 2015. With the domestic policies supporting, it is expected that the Japan market with sharply strengthen in the next five years, which will account for about 31% revenue market share. Service robots are viewed as necessary devices for providing individuals with a high quality of life and social well-being. With this view, the development of nursing and medical robots developed for elderly individuals is strongly expected.
The total number of professional service robots sold in 2015 rose by a solid 11.4% compared to 2014 to 26,970 units up from 24,207 in 2014. It is expected to reach to 30,040 units in 2016. In 2015, about 5.7 million service robots for personal use were sold, 21.96 % more than in 2014.

The Global Service Robots Market 2018 to 2025 renders deep perception of the key regional market status of the Service Robots Industry on a global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan.

The major manufacturers covered in this report
• 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

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On the basis of product, primarily split into

• Personal Service Robots

• Professional Service Robots

By Application, the market can be split into

• Household Robots

• Education/Entertainment Robots

• Nursing/Rehabilitation Robots

• Medical Robots

• Agriculture, Forestry, Livestock Farming and Fisheries Robots

• Logistic Robots

• Others

The report on “Global Service Robots Market” is a professional report which provides thorough knowledge along with complete information pertaining to the Service Robots industry a propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.

The potential of this industry segment has been rigorously investigated in conjunction with primary market challenges. The present market condition and future prospects of the segment has also been examined. Moreover, key strategies in the market that includes product developments, partnerships, mergers and acquisitions, etc., are discussed. Besides, upstream raw materials and equipment and downstream demand analysis is also conducted.

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Report Includes:-
The report cloaks the market analysis and projection of “Service Robots Market” on a regional as well as global level. The report constitutes qualitative and quantitative valuation by industry analysts, first-hand data, assistance from industry experts along with their most recent verbatim and each industry manufacturers via the market value chain.

The research experts have additionally assessed the in general sales and revenue generation of this particular market. In addition, this report also delivers widespread analysis of root market trends, several governing elements and macro-economic indicators, coupled with market improvements as per every segment.

The study objectives of this report are:

To analyze and study the global Service Robot capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);

Focuses on the key Service Robot manufacturers, to study the capacity, production, value, market share and development plans in future.

Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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