Service Robot Market (Updated Version Available)

The report offers detailed coverage of Service Robot industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Service Robot by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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 report forecast global Service Robot market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Service Robot market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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


At the same time, we classify Service Robot according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Personal Service Robots
Professional Service Robots
Market by Application
Household Robots
Education/Entertainment Robots
Nursing/Rehabilitation Robots
Medical Robots
Agriculture, Forestry, Livestock Farming and Fisheries Robots
Logistic Robots
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Service Robot market for the forecast period 2021 - 2025?
• What are the driving forces in the Service Robot market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Service Robot industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?