+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Service Robotics Market, Volume Global Forecast by Segments (Defense, Agriculture (Field), Logistic, Medical, Construction, Mobile Platform and Inspection), Companies Analysis

  • ID: 5115524
  • Report
  • June 2020
  • Region: Global
  • 77 Pages
  • Renub Research

FEATURED COMPANIES

  • Honeywell Company
  • Intuitive Surgical
  • iRobot Corporation
  • Medtronic
Implementation of service robotics systems in varied professional purpose areas will change the service robotics market globally. Services robotics sector has a vital impact on agriculture, surgery, public relations, and logistics in growing economic importance. There is a massive demand for monitoring everyday surroundings which result in increased and difficult-to-manage workloads and data flows. The number of developing countries in the globe is looking to add robotic solutions to their facilities to the increasing workforce. Demand for service robots in defense, agriculture and healthcare are driving service robot market growth. High labour costs, increasing awareness of service applications, and scarcity of skilled workers are also supporting the service robotics market globally. According to the publisher, Service Robotics Market is expected to reach US$ 106.9 Billion by 2026.

Besides, the numbers of manufacturers are adding a new and advanced feature in service robots. Manufacturers are implementing solutions while using service robots to assist ageing workers and help makes work safer for humans. The growing acceptance of service robots is driving the market growth of various industries such as Defense, Logistic, Agriculture (Field), Healthcare, Building Construction, Inspection and Mobile Platform. Government drives the robot revolution, and improved service increased operational efficiency and safety growth driver of service robotic market. However, the high cost of robots and barrier for small companies to enter into this because of the huge capital requirement to set up plant layout are huddles of this market.

Growth in Service Robotics Market due to COVID-19

Robots can provide contact-free alternatives to healthcare workers due to the highly contagious nature of the coronavirus. A robot allows healthcare personal to remotely check body temperatures, measure blood pressure and oxygen saturation from patients hooked up to a ventilator. From sterilising hospitals and public places to delivery services, robots are proving to be a big game-changer in the current pandemic. Specialised robots are sanitising rooms and delivering meals, handling all the hidden extra work associated with a surge in patients.

In hotels, front desk employees are using robots to interact in real-time with guests from a safe distance. Realtors are teleoperating robots to display properties from the safety of their own homes. The automation of laboratory and supply chain to be the next big opportunity in future. The COVID-19 test processing that relies on a small set of labs is slow. But by automating, we can eliminate some of the delays currently being experienced in many parts of the United States.

This study titled “Service Robotics Market, Volume Global Forecast by (Defense, Agriculture (Field), Logistic, Medical, Construction, Mobile Platform and Inspection) Companies (Honeywell Company, Medtronic, iRobot Corporation and Intuitive Surgical)” analyses the global service robotics industry.

Global Service Robotics Market has been analysed from two viewpoints
  • Service Robotics Market
  • Service Robotics Volume

Segments - Market & Volume Covered in the Report
1. Defense
2. Agriculture (Field)
3. Logistic
4. Medical
5. Construction
6. Mobile Platform
7. Inspection

Company Analysis
  • Honeywell Company
  • Medtronic
  • iRobot Corporation
  • Intuitive Surgical
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Honeywell Company
  • Intuitive Surgical
  • iRobot Corporation
  • Medtronic

1. Executive Summary
2. Global Service Robotics Market & Volume Analysis
2.1 Service Robotics Market & Forecast
2.2 Service Robotics Volume & Forecast
3. Share Analysis - Global Service Robotics
3.1 Market Share & Forecast
3.2 Volume Share & Forecast
4. Segment Analysis - Service Robotics Market
4.1 Defense
4.2 Agriculture & Field
4.3 Logistics
4.4 Medical
4.5 Construction
4.6 Mobile Platform
4.7 Inspection
5. Segment Analysis - Service Robotics Volume
5.1 Defence
5.2 Agriculture & Field
5.3 Logistics
5.4 Medical
5.5 Construction
5.6 Mobile Platform
5.7 Inspection
6. Companies Analysis
6.1 Honeywell Company
6.1.1 Recent Development
6.1.2 Sales Analysis
6.2 Medtronic
6.2.1 Recent Development
6.2.2 Sales Analysis
6.3 iRobot
6.3.1 Recent Development
6.3.2 Sales Analysis
6.4 Intuitive Surgical
6.4.1 Recent Development
6.4.2 Sales Analysis
7. Growth Driver
7.1 Government Drive the Robot Revolution
7.2 Improved Service, Increased Operational Efficiency and Safety
8. Major Challenges
8.1 The High Cost of Robots
8.2 Global Robotics is dominated by Large Players
List of Figures:
Figure 2-5: Global - Service Robotics Market (Million US$), 2013-2019
Figure 2-6: Global - Forecast for Service Robotics Market (Million US$), 2020-2026
Figure 3-5: Global - Service Robotics Volume (Number), 2013 - 2019
Figure 3-6: Global - Forecast for Service Robotics Volume (Number), 2020 -2026
Figure 7-1: Global - Service Robotics Market by Defense (Million US$), 2013-2019
Figure 7-2: Global - Forecast for Service Robotics Market by Defense (Million US$), 2020-2026
Figure 7-3: Global - Service Robotics Market by Agriculture & Field (Million US$), 2013-2019
Figure 7-4: Global - Forecast for Service Robotics Market by Agriculture & Field (Million US$), 2020-2026
Figure 7-5: Global - Service Robotics Market by Logistic (Million US$), 2013-2019
Figure 7-6: Global - Forecast for Service Robotics Market by Logistic (Million US$), 2020-2026
Figure 7-7: Global - Service Robotics Market by Medical (Million US$), 2013-2019
Figure 7-8: Global - Forecast for Service Robotics Market by Medical (Million US$), 2020-2026
Figure 7-9: Global - Service Robotics Market by Construction (Million US$), 2013-2019
Figure 7-10: Global - Forecast for Service Robotics Market by Construction (Million US$), 2020-2026
Figure 7-11: Global - Service Robotics Market by Mobile Platform (Million US$), 2013-2019
Figure 7-12: Global - Forecast for Service Robotics Market by Mobile Platform (Million US$),
Figure 7-13: Global - Service Robotics Market by Inspection (Million US$), 2013-2019
Figure 7-14: Global - Forecast for Service Robotics Market by Inspection (Million US$), 2020-2026
Figure 8-1: Global - Service Robotics Volume by Defense (Number), 2013-2019
Figure 8-2: Global - Forecast for Service Robotics Market by Defense (Number), 2020-2026
Figure 8-3: Global - Service Robotics Volume by Agriculture & Field (Number), 2013-2019
Figure 8-4: Global - Forecast for Service Robotics Volume by Agriculture & Field (Number), 2020-2026
Figure 8-5: Global - Service Robotics Volume by Logistic (Number), 2013-2019
Figure 8-6: Global - Forecast for Service Robotics Volume by Logistic (Number), 2020-2026
Figure 8-7: Global - Service Robotics Volume by Medical (Number), 2013-2019
Figure 8-8: Global - Forecast for Service Robotics Volume by Medical (Number), 2020-2026
Figure 8-9: Global - Service Robotics Volume by Construction (Number), 2013-2019
Figure 8-10: Global - Forecast for Service Robotics Volume by Construction (Number), 2020-2026
Figure 8-11: Global - Service Robotics Volume by Mobile Platform (Number), 2013-2019
Figure 8-12: Global - Forecast for Service Robotics Volume by Mobile Platform (Number), 2020-2026
Figure 8-13: Global - Service Robotics Volume by Inspection (Number), 2013-2019
Figure 8-14: Global - Forecast for Service Robotics Volume by Inspection (Number), 2020-2026
Figure 11-3: Honeywell - Global Robotics Sales (Million US$), 2015-2019
Figure 11-4: Honeywell - Forecast for Global Robotics Sales (Million US$), 2020-2026
Figure 11-5: Medtronic - Global Robotics Sales (Million US$), 2015-2019
Figure 11-6: Medtronic - Forecast for Global Robotics Sales (Million US$), 2020-2026
Figure 11-9: iRobot - Global Robotics Sales (Million US$), 2016-2019
Figure 11-10: iRobot - Forecast for Global Robotics Sales (Million US$), 2020-2026
Figure 11-11: Intuitive Surgical - Global Robotics Sales (Million US$), 2016-2019
Figure 11-12: Intuitive Surgical - Forecast for Global Robotics Sales (Million US$), 2020-2026
List of Tables:
Table 4-1: Global - Service Robotics Market Share (Percent) by Segment, 2010-2017
Table 4-2: Global - Forecast for Service Robotics Market Share (Percent) by Segment, 2018-2024
Table 5-1: Global - Service Robotics Volume Share (Percent) by Segment, 2010-2017
Table 5-2: Global - Forecast for Service Robotics Volume Share (Percent) by Segment, 2018-2024
Table 9-1: Global - Service Robotics Average Price (US$), 2016
Table 9-2: Global - Service Robotics Market Capitalization (Billion US$), 2016
Note: Product cover images may vary from those shown
  • Honeywell Company
  • Medtronic
  • iRobot Corporation
  • Intuitive Surgical
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...