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Market dynamics
The market is driven by factors such as growing demand for robotic automation process, rising adoption of robotics in various application areas, and growing use of IoT in robots for cost-effective predictive maintenance.
44% of the market growth will come from APAC during the forecast period. China, Japanand South Korea (Republic of Korea) are the top service robotics markets in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has witnessed a significant growth rate and is expected to provide several growth opportunities for market vendors over the forecast period. Rising adoption of robotics in various application areas will facilitate the growth of the service robotics market in APAC over the forecast period. The report offers an up-to-date analysis of the geographic composition of the market, competitive intelligence, and regional in-store opportunities for vendors.
Download a free sample report for insights on drivers, trends and challenges that will help companies assess and develop growth strategies for 2021-2025.
Company Profiles
The Service Robotics Market report includes information on product launches, sustainability, and outlook from key vendors including CYBERDYNE Inc., Daifuku Co. Ltd., DeLaval International AB, Exyn Technologies, Intuitive Surgical Inc. , Irobot Corp., Kongsberg Gruppen ASA, Northrop Grumman Corp., SoftBank Robotics Group Corp. and SZ DJI Technology Co. Ltd.
Competitive analysis
The report includes Competitive Analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc
Market segmentation
- By application, the market is categorized into professional robots and personal robots segments
- By geography, the market is categorized as APAC, Europe, North AmericaAME and South America.
The growth in the service robotics market share by the professional robot segment has been significant. With this information, you can safely infer patterns of consumer behavior transformation, which is crucial for assessing revenue growth by segment during 2021-2025 and adopting technologies to improve the efficiency of the company. This report provides an accurate prediction of the contribution of all segments to the growth of the Service Robotics market size.
Download this Service Robotics Marketplace report to uncover new strategies to make the most of future growth opportunities.
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Service Robotics Market Scope |
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Report cover |
Details |
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Page number |
120 |
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base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum and CAGR |
Accelerate at a CAGR of 22.58% |
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Market Growth 2021-2025 |
$35.27 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
16.23 |
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Regional analysis |
APAC, Europe, North America, MEA and South America |
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Successful market contribution |
APAC at 44% |
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Main consumer countries |
China, United States, Japan, Germany and South Korea (Republic of Korea) |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
CYBERDYNE Inc., Daifuku Co. Ltd., DeLaval International AB, Exyn Technologies, Intuitive Surgical Inc., Irobot Corp., Kongsberg Gruppen ASA, Northrop Grumman Corp., SoftBank Robotics Group Corp. and SZ DJI Technology Co. Ltd. |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period, |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
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