Service Robotics Market Outlook 2029: Presents Market Insights & Depth Analysis

Service robotics market is anticipated to grow at a CAGR of more than 15% during the forecast period. Service robotics plays a vital role in automation. Service robotics is currently is divided into two parts such as personal/domestic service robots and professional service robots that are used for performing daily tasks, non-commercial use, and others. The service robotics is designed to perform the set of tasks with accuracy and speed. The robotics has made life convenient and easier that decreases the workload of human beings and enables consumers to improve quality and reduces human errors. Additionally, robotics has become more autonomous and progressive to find numerous applications across the number of industries such as healthcare, aerospace and automotive, defense where it is used in detecting defusing bombs, space missions, and surgical operations assembling product inspection respectively.

There are various key factors that are attributing towards the growth of the global service robotics market such as increasing demand for service robotics in the sectors of military and defense, logistics and healthcare. The increasing adoption of personal robotics services and increasing demand for mobile services and telepresence are among the key factors that are fueling the growth of the global service robotics industry. Moreover, growing popularity, surging investments, rising acceptance of humanoids and advanced technology-enabled service robotics is anticipated to grow and generate huge opportunities for global service robotics companies in the coming years.

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Service Robotics Market Segmentation

By Type

· Professional Service Robots

· Personal Service Robots

By Application

· Healthcare

· Military and Defense

· Logistics

· Construction

· Home Entertainment and Leisure

· Household

· Others

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Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· AB Electrolux

· Daifuku Co., Ltd.

· Fujitsu Frontech Ltd.

· GeckoSystems Intl. Corp.

· Honda Motor Co.

· Intuitive Surgical, Inc.

· iRobot Corp.

· Kongsberg Gruppen ASA

· KUKA AG

· Lockheed Martin Corp.

· Nidec Corp.

· Northrop Grumman Corp.

· Panasonic Corp.

· Samsung Electronics Co. Ltd.

· ST Engineering, Ltd.

· SoftBank Robotics Corp.

· SZDJI Technology Co., Ltd.

· The Boeing Co.

· YASKAWA Europe GmbH

· YUJIN ROBOT. Co., Ltd.

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