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Service Robotics Market Is Set For A Rapid Growth And Is Expected To Reach Usd Billion By 2027: Irobot (Us), Softbank Robotics (Japan), Intuitive Surgical Inc (Us), Delaval International Ab

A new research study has been presented by Precision Market Reports (PMR) after a comprehensive analysis on SERVICE ROBOTICS Market where user can get benefits from the complete market research report with all required useful information on market. Report discuss all major market aspects with expert opinion on current market status along with historic data as well. Detailed study Price, Share, Size & Growth, Latest News & Developments, Expansion Plan, Current Business Strategy, Top Companies, Sales, Revenue & Competitors Analysis, Production and Consumption, Demand & Supply, Industry and Business Study, Effect of Covid 19 (Buyers & Sellers) and Prediction 2020-2025.

Regions Covered in the SERVICE ROBOTICS Market:

  • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
  • North America (United States, Mexico & Canada)
  • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
  • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

 

Covid-19 Scenario:

  • In the midst of the lockdown, several major market players stopped the production of various products.
  • Through the COVID-19 pandemic, various end-users of products such as industrial manufacturing units and construction industry and so on around the globe stopped their operation in the middle of the lockdown.
  • During the COVID-19 pandemic outbreak, revenue generated segment is likely to increase as daily wage workers such as carpenters, plumbers and electricians were exempted from work during the lockdown.

TOP PLAYERS:

Competitors Analysis includes market shares for all the companies listed below, Competitors Analysis revenue chart, Competitive Dashboard, and the competitors’ latest strategies for overcoming the Covid 19 pandemic situation.

 

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SEGMENTAL ANALYSIS:                                                                     

Each segment is assessed on the basis of its growth rate and share. In addition, the analysts have studied potential regions that may prove rewarding to the SERVICE ROBOTICS market in the years to come. The geographical research provides accurate value and volume forecasts, thereby helping market players gain profound insights into the SERVICE ROBOTICS market as a whole.
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into:
Key Players:

iRobot (US), SoftBank Robotics (Japan), Intuitive Surgical Inc (US), DeLaval International AB (Sweden), Daifuku (Japan), Cyberdyne (Japan), DJI (China), Kongsberg Maritime (Norway), Northrop Grumman (US), Neato Robotics (US), KUKA Swisslog (Germany), Lely (Netherlands), ECA Group (France), 3DR (US), Stryker Corporation (US), Harvest Croo (US), Starship Technologies (US), Parrot SA (France), General Electric (US), Amazon Robotics (US), ecoRobotix (Switzerland), GRAAL (Italy), PrecisionHawk (US), Hanson Robotics (China), and UBTECH Robotics (China).

Segmentation:

Service Robotics by Type:

  • Domestic
  • Professional

Service Robotics by Components:

  • Hardware (Airframes, Sensors, Caneras, Actuators, Power Supply, Control Systems, Navigation Systems, Propulsion Systems, and Others)
  • Software

Service Robotics by Applications:

  • Professional Applications
    • Healthcare
      • Surgical Robots
      • Rehabilitation Robots
      • Hospital and Pharmacy Robots
      • Others (Diagnostic Robots, Emergency Response Robotic Systems, Prosthetics/Exoskeletons)
    • Defense, Rescue, and Security
      • Unmanned Aerial Vehicles (UAV)
      • Unmanned Ground Vehicles (UGV)
      • Firefighting and Disaster Management Robots
      • Others (Professional Surveillance/Security Robots, Demining Robots)
    • Logistics
      • Factory Logistics Robots
      • Outdoor Logistics Robots
      • Others (Cargo Handling Robots, Mail Sorting Robots)
    • Construction
      • Excavator Robots
      • Bulldozer Robots
      • Demolition Robots
      • Others (Welding Robots, Material Handling Robots)
    • Field
      • Agriculture Robots
      • Forestry Robots
      • Milking Robots
      • Others (Mining Systems, Space Robots)
    • Others
      • Professional Cleaning Robots
      • Inspection and Maintenance Systems
      • Others (Underwater Systems, Hotel and Restaurant Robots)
  • Personal Service Robotics
    • Domestic
      • Cleaning Robots
      • Assistive Robots
      • Others (Lawn-Mowing Robots, Home Security & Surveillance Robots)
    • Entertainment and Leisure
      • Toy Robots
      • Education & Research Robots
      • Others (Robotic Companion Pets and Multimedia Robots)

Service Robotics by End-User:

  • Automotive
  • Transportation
  • Healthcare
  • Construction
  • Defense
  • Media & Entertainment
  • Security
  • Supply and Logistics
  • Agriculture
  • Others

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What Reports Provides:

  1. Comprehensive analysis of product demand on global as well as regional markets.
  2. Draw up information on major market trends, drivers, obstacles and other related challenges.
  3. A detailed review of many vendors present on the market.
  4. Competitive world consisting of launches, mergers, acquisitions, partnerships and joint projects with new products.
  5. Complete coverage of all product and market segments for pattern evaluation, global market innovation, and market size forecast up to 2025.
  6. Comprehensive review of the companies which operate for the products on the global market. The company’s profile involves analysis of the product portfolio, sales analysis, SWOT analysis and the latest developments in the sector.
  7. Growth Matrix offers brand segment and geography analysis that will be focused on investing, consolidating, and growing and/or diversifying market players.
  • Comprehensive parent market analysis
  • Major changes in dynamics of the market
  • Details of market segmentation
  • Former, current and expected study of size and price of the industry
  • Evaluation of innovations in the niche industry
  • Analysis of market share
  • Major Player’s main strategies
  • Segment emerging and regional markets
  • Testimonials for companies to improve their market presence.
  • That’s right. For classify and estimate tangible business factors, both Bottom-Up and Top-Down methods are analyzed.
  • In addition, the results of the study were based on face-to-face or telephone interviews with the Industry Expert Panel.
  • In order to validate a detailed and balanced industry analysis, panelists were approached from Leading Industries across the value chain including producers, distributors, service providers, business experts and consumers.

Table of Contents:
Chapter 1. Executive Summary 

2.1. Market Outlook

2.2. Segment Outlook

 

Chapter 2. Methodology and Scope 

1.1. Market segmentation & scope

1.2. Market definition

1.3. Information procurement

1.3.1. Purchased database

1.3.2. PMR internal database

1.3.3. Secondary sources & third-party perspectives

1.3.4. Primary research

1.4. Information analysis

1.4.1. Data analysis models

1.5. Market formulation & data visualization

1.6. Data validation & publishing

 

Chapter 3.  SERVICE ROBOTICS Market Variables, Trends & Scope 

3.1. Outlook for the market

3.1.1. Market perspective for parents / related / adjacent

3.2. Mapping of prospects for entry & growth

3.3. SERVICE ROBOTICS Market – Value Chain Analysis

3.4. Market Dynamics

3.4.1. Market Driver Analysis

3.4.2. Market Restraint Analysis

3.5. SERVICE ROBOTICS Market Analysis Tools

3.5.1. Industry Analysis – Porter’s

3.5.2. PEST Analysis

3.6. SERVICE ROBOTICS Market – Competitive Analysis

3.6.1. Key Company Analysis, 2020

3.6.2. Major Deals & Strategic Alliances Outlook

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The report offers the restraints that help to tackle the obstacles for the businesses for a tremendous growth. Through this report, consumers can easily get views on SERVICE ROBOTICS Market based on the current scenario.

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Precision Market Reports provides quantified B2B research on 25,000 high-growth niche opportunities / threats that will impact 50 to 75 percent of global company revenues. Actively representing more than 5000 customers worldwide, including 50 percent of Fortune 500 global businesses as clients. Almost 25,000 top officials across eight industries worldwide approach Precision Market Reports for their pain points around revenue decisions.

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Europe Service Robotics Market 2020 by Product, Application, Manufacturer, Sales and Segmentation 2025

Service Robotics Market Size Covers Global Industry Analysis, Size, Share, CAGR, Trends, Forecast and Business Opportunity.

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Global Service Robotics Market to reach USD 36.7 billion by 2025.

Global Service Robotics Market valued approximately USD 11.8 billion in 2017 is anticipated to grow with a healthy growth rate of more than 15.25% over the forecast period 2018-2025.
The Service Robotics is referred to an independent source of electrical energy which has its utility to support the pivotal electrical systems during the loss of normal supply of power during specific time period. The Service Robotics system mainly consists of standby generators which include both gas generators and diesel generators along with other apparatus. The Service Robotics system are primarily utilized and deployed to prevent the power outages in the events such as sports events and concerts that occurs from the main circuits of power supply. The drivers of Service Robotics market include rising demand for power, lack of power infrastructure and reduced turnaround time. The Service Robotics market is mainly driven enhancing demand for power mainly by the developing countries such as India, China and Brazil which are emerging manufacturing hubs. The automotive and healthcare sector has occupied dominant share in the Asia-pacific region. The production and manufacturing process require constant supply power for assembly line operations. The Service Robotics has varied applications in many fields as they are used in ships and cruises in marine, telecommunication equipment, scientific laboratories, data centers and hospitals. These Service Robotics systems can also be dependent on hydrogen fuel cells, deep cycle batteries and flywheel energy storage. On many occasions, the primary source of power is lost owing to top grid wide failure, inclement weather conditions, substation malfunction and planned blackouts. In the present scenario, the emergency power systems considering commercial spaces are mostly equipped with generators. Mostly, these generators are operated through diesel engine. However, the small building and residential spaces mostly employ gasoline driven generators and large spaces deploy gas turbine generators.
The North America region is anticipated to dominate the Service Robotics market on the global scenario. The North America region is primarily driven by rise in the power demand and capacity expansion plans by the organizations such as caterpillar and trinity power rentals. The Asia-Pacific region is anticipated to be the fastest growing considering Service Robotics market owing to escalating industrialization & enhancing demand focusing on continuous power mainly by the sectors which include automobile and healthcare considering the forecasted period. The automobile industry is the largest in terms of manufacturing and production considering the Asia-Pacific region. China is the dominant country considering the manufacturing and production of vehicles which is followed by Japan and India. The constant up surge in the manufacturing of vehicles from the automotive sector which includes both the commercial and passenger vehicles is fuelling the demand for the constant power supply in the utilities. The development of the smart cities in India & growing urbanization is also supporting the adoption and growth of Service Robotics solutions in the Asia-Pacific region. The North America Service Robotics market is mainly driven by factors which include natural calamities and aging grid infrastructure that causes frequent power cuts and outrages. Moreover, the manufacturing and construction industry is significantly rising & recovering from the slowdown that occurred in the year 2016 and is expected to fuel the demand for rental power solutions. In the Middle East region, Saudi Arabia is anticipated to be the fastest growing country considering the Service Robotics market. The Saudi Arabia is on the up-surging trend owing to expanding infrastructure, high demand for electricity and enhancement in the construction activities is which are paving way for growth & development of Service Robotics market in the country. The generators used for both standby and prime purposes in Saudi Arabia & are fully independent on grid connectivity.
The regional analysis of Global Service Robotics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The Companies included in the market are as follows:
oAdept Technology Inc
oAethon Inc
oBluefin Robotics
oDJI
oDelaval International AB
oECA Group
oGeckoSystems Intl. Corp
oIRobot Corporation
oKuka AG
oIntuitive Surgical Inc
oParrot S.A.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Power Rating:

oDefense, Security & Rescue Service Robotics
oField Robots Service Robotics
oMedical Service Robotics
oMarine Service Robotics
oLogistics Service Robotics
oTelepresence Service Robotics
oInspection & Maintenance Service
oEntertainment Service Robotics System
oEducation & Research Service Robotics
By Operating Environment:

oAerial
oGround-Based
oMarine

By Regions:
oNorth America
oU.S.
oCanada
oEurope
oUK
oGermany
oAsia Pacific
oChina
oIndia
oJapan
oLatin America
oBrazil
oMexico
oRest of the World

Furthermore, years considered for the study are as follows:

Historical year “ 2015, 2016
Base year “ 2017
Forecast period “ 2018 to 2025

Target Audience of the Global Service Robotics Market in Market Study:

oKey Consulting Companies & Advisors
oLarge, medium-sized, and small enterprises
oVenture capitalists
oValue-Added Resellers (VARs)
oThird-party knowledge providers
oInvestment bankers
oInvestors

Key factors influencing market growth:

  • New application developments and product designs.
  • Falling prices of the Service Robotics.
  • Strict government norms along with the administrative support and R&D subsidization.
  • Geographic expansion by major market players as well as new entrants.

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Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

To summarize, the Service Robotics market report studies the contemporary market to forecast the growth prospects, challenges, opportunities, risks, threats, and the trends observed in the market that can either propel or curtail the growth rate of the industry. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.

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