Service Robotics Market Size 2023 , Latest Trends, Growth Drivers, Industry Analysis by Top Companies and Forecast 2028

Posted on May 9 2023 9:13 AM

"The global service robotics market size was valued at USD 16.95 billion in 2021 and is projected to grow from USD 19.52 billion in 2022 to USD 57.35 billion by 2029, exhibiting a CAGR of 16.6 % during the forecast period. "

Fortune Business Insights has published a new research report titled Service Robotics Market Size, Share & COVID-19 Impact Analysis, By Type (Professional, Personal) By Application (Domestic, Industrial/Commercial), and Regional Forecast, 2022-2029. and Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022-2029” in its research data.

Projected market size and growth rate of the Service Robotics Market

According to latest report published by Fortune Business Insights, The global service robotics market size was valued at USD 16.95 billion in 2021 and is projected to grow from USD 19.52 billion in 2022 to USD 57.35 billion by 2029, exhibiting a CAGR of 16.6% during the forecast period.

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Top Service Robotics Market Size Manufacturers covered in the Market Report include:

  • Lely International (Headquarters: - South Holland, Netherlands)
  • Aethon Inc. (Headquarters: - Pennsylvania, United States)
  • Honda Motor Co. Ltd. (Headquarters: - Shizuoka, Japan)
  • KUKA AG (Headquarters: - Bavaria, Germany)
  • Northrop Grumman Corporation (Headquarters: - Virginia, United States)
  • iRobot Corporation (Headquarters: - Massachusetts, United States)
  • Kongsberg Maritime AS (Headquarters: - Kongsberg, Norway
  • Intuitive Surgical, Inc. (Headquarters: - California, United States)
  • Parrot SA (Headquarters: - Paris, Ile-de-France)
  • DJI (Headquarters: - Shenzhen, China)

Highlights of the Report:

  • Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research.
  • The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Service Robotics Market Market Report Scope [ 2022-2029 ]

Report Title:
Service Robotics Market Size, Share & COVID-19 Impact Analysis, By Type (Professional, Personal) By Application (Domestic, Industrial/Commercial), and Regional Forecast, 2022-2029

Service Robotics Market CAGR: 0.166

Report Coverage: Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends

Segments Covered:

  • By Type
  • By Application
  • By Region

An Overview of the Impact of COVID-19 on this Market:

The outbreak of the COVID-19 pandemic has negatively impacted various business sectors across the world. Various impositions like lockdown, social distancing and ban on imports and exports have impacted the production and distribution of various goods and services, which were considered as non-essential by the governments. Many enterprises in the Service Robotics Market were obliged to temporarily suspend operations due to the COVID-19 pandemic, in order to comply with new government rules aimed at preventing the disease’s spread. This pause in activities has a direct influence on the market’s revenue flow.

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Report Inclusions:

Market Overview: It includes a product overview and scope of the global Service Robotics Market. It offers a summary of the segmental analysis provided in the report. Here, product, application, and regional segments are highlighted. This chapter also includes market estimations related to revenue and sales.

Competition: This section sheds light on the competitive situations and trends, gives an analysis of manufacturers and provides figures related to average price by the player, revenue and revenue shares of individual market players, sales, and sales shares of individual players.

Region-wise Sales Analysis: The report in this section offers market numbers, and an analysis of revenue, sales, and market shares of individual regions. In addition, it provides sales and sales growth rate, pricing structure, revenue, and some other estimations for each regional market that has been studied.

Company Profiles: This section of the report offers in-depth insightful information about the financial and strategic business data of some of the leading companies operating in the global Service Robotics Market landscape. In addition, product specifications, portfolios, regional footprint, revenue shares, and several other details are also covered in this chapter of the report.

FREQUENTLY ASKED QUESTIONS:

  • How much was the global Service Robotics Market worth in upcoming year?
  • Who are the top players actively operating across the market?
  • How much will the global market be worth?
  • What are the key market drivers?
  • Which application segment is the leading across the globe?
  • At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?

Major Points from Table of Contents

Global Service Robotics Market Research Report 2022-2029, by Manufacturers, Regions, Types and Applications

  • Introduction
    • Objective of the Study
    • Definition of the Market
    • Market Scope
    • Market Segment by Type, Application and Marketing Channel
    • Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
    • Years Considered for the Study
    • Currency Considered (U.S. Dollar)
  • Key Findings of the Study
    • Market Dynamics
    • Driving Factors for this Market
    • Factors Challenging the Market
    • Opportunities of the Global Service Robotics Market (Regions, Growing/Emerging Downstream Market Analysis)
    • Technological and Market Developments in the Service Robotics Market
    • Industry News by Region
    • Regulatory Scenario by Region/Country
    • Market Investment Scenario Strategic Recommendations Analysis
  • Value Chain of the Service Robotics Market
    • Value Chain Status
    • Upstream Raw Material Analysis
    • Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
    • Distributors/Traders
    • Downstream Major Customer Analysis (by Region)
    • Global Service Robotics Market -Segmentation by Type
    • Global Service Robotics Market -Segmentation by Application
    • Global Service Robotics Market -Segmentation by Marketing Channel
    • Competitive Intelligence Company Profiles
  • Global Service Robotics Market -Segmentation by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa
  • Future Forecast of the Global Service Robotics Market from 2022-2029
    • Future Forecast of the Global Service Robotics Market from 2022-2029 Segment by Region
    • Global Service Robotics Market Production and Growth Rate Forecast by Type ( 2022-2029)
    • Global Service Robotics Market Consumption and Growth Rate Forecast by Application ( 2022-2029)
  • Appendix
    • Methodology
    • Research Data Source

Continued….

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