Service Robotics Market Growth, Industry Analysis, Trends and Forecast – 2027

A 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.

Service Robotics market size is projected to reach US$ 15420 million by 2027, from US$ 12790 million in 2020, at a CAGR of 19% during 2021-2027.

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The following manufacturers are covered in this report:

  • Intuitive Surgical
  • iRobot Corporation
  • Dyson
  • Neato Robotics
  • Sharp
  • Toshiba
  • Panasonic
  • Kuka

Service Robotics Breakdown Data by Type

  • Personal Service Robotics
  • Professional Service Robotics

Service Robotics Breakdown Data by Application

  • Household Robots
  • Education/Entertainment Robots
  • Nursing/Rehabilitation Robots
  • Medical Robots
  • Agriculture, Forestry, Livestock Farming and Fisheries Robots
  • Logistic Robots
  • Others

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Scope of the Report

The research study analyzes the global Service Robotics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Service Robotics Market Report

1. What was the Service Robotics Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).

  1. What will be the CAGR of Service Robotics Market during the forecast period (2021-2027)?
    3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
    4. Which manufacturer/vendor/players in the Service Robotics Market was the market leader in 2018?
    5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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