New York, June 06, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Service Robotics Industry" - https://www.reportlinker.com/p0305182/?utm_source=GNW 8 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Professional market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions. As part of the new emerging geographic scenario, the United States is forecast to readjust to a 17.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$1.5 Billion to the region’s size over the next 7 to 8 years. In addition, over US$1.3 Billion worth of projected demand in the region will come from Rest of European markets. In Japan, the Professional segment will reach a market size of US$1.4 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Service Robotics market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 28.1% over the next couple of years and add approximately US$6.6 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Service Robotics market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies. Competitors identified in this market include, among others, Aethon Inc.; Hanool Robotics Corp.; Honda Motors Co. Ltd.; Husqvarna AB; Iberobotics S.L.; Intuitive Surgical Inc.; iRobot Corporation; KUKA Aktiengesellschaft; LG Electronics; RedZone Robotics; RoboBuilder Co. Ltd.; ROBOSOFT; Samsung Electronics Co., Ltd.; SeaRobotics Corporation; Toyota Motor Corporation; WowWee Group Limited; Yujin Robot Co. Ltd.; Zucchetti Group Read the full report: https://www.reportlinker.com/p0305182/?utm_source=GNW I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Robots: The Marvels of Modern Engineering Cost-Benefit Ratio Recent Market Activity Service Robotics: The New Emerging Frontier Outlook Developing Countries to Spur Future Market Growth Professional Service Robots Leads the Service Robotics Market Competitive Landscape Funding in Robotics Companies Continues to Grow Innovative Companies in Service Robotics Market Challenges Confronting Service Robotics Market Global Competitor Market Shares Service Robotics Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS Aethon, Inc. (USA) Gecko International Corporation (USA) Hanool Robotics Corp. (Korea) Honda Motors Co., Ltd. (Japan) Husqvarna AB (Sweden) Iberobotics S.L. (Spain) Intuitive Surgical, Inc. (USA) iRobot Corporation (USA) KUKA Aktiengesellschaft (Germany) LG Electronics, Inc. (South Korea) RedZone Robotics (USA) RoboBuilder Co., Ltd. (South Korea) ROBOSOFT (France) SeaRobotics Corporation (USA) SeaRobotics Corporation (USA) Toyota Motor Corporation (Japan) Yujin Robot Co., Ltd. (South Korea) WowWee Group Limited (Hong Kong) Zucchetti Group (Italy) 3. MARKET TRENDS & DRIVERS Professional Service Robots - Largest Revenue Contributor for Service Robotics Market Defense Applications: A Key Volume Contributor for Professional Service Robots Medical Applications: A Promising Market for Professional Service Robotics Market Field Applications Drive Growth in Professional Service Robotics Market Robot Usage in Logistics Sector Gains Momentum Service Robots Take the Role of Assistants at Airports Humanoid Robots for Personalized & Interactive Experience in Banks Robotics in Hospitality Industry - Promising Future Ahead Shortage of Labor for Dangerous Jobs to Drive Demand for the Bionic Man Personal Robots Lead Charge in Service Robotics Market by Volume Expanding Application Possibilities Broadens the Market Aging Population Lends Traction to Eldercare-Assistive Robots Handicap Assistance Robots - A Key Opportunity Robot Companions - A Major Draw Despite Uncertainty over Acceptance, Companies Look to Launch Social Robots Sales of Mobile Robots on the Rise Robotic Vacuum Cleaners Market for Home Use: Promising Growth Opportunities Personal Robots Market Moves towards Open Software Platform Growing Value Proposition Augurs Well for the Future of Service Robotics Market Technology Innovation Spurs Growth Customizable & Networked Robots: Emerging Revenue Spinners Artificial Intelligence Set to Transform Service Robotics Market Collaborative Robots to Drive Growth in the Non-Industrial Robots Market Robotics-As-A-Service (RaaS): The New Business Model Open Source Software System Gains Prominence Support Infrastructure: A Non-Technical Challenge for Service Robotics Service Robotics Need Acceptance in Society Growing Clout of Tertiary Sector Throws Spotlight on Service Robots Technical Issues & Failure to Meet Performance Expectations Plague Recent Robot Launches Expectations Plague Recent Robot Launches Dismal Performance of Robots in Restaurants Faulty Operations Fails Robot Twitter Bot Turns Racist Robot Escaping from Lab Facial Recognition Software Rejects Online Application Safety: A Key Issue 4. GLOBAL MARKET PERSPECTIVE Table 1: Service Robotics Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Service Robotics Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Service Robotics Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Professional (Category) World Market by Region/Country in US$ Million: 2020 to 2027 Table 5: Professional (Category) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019 Table 6: Professional (Category) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Personal (Category) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027 Table 8: Personal (Category) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019 Table 9: Personal (Category) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Service Robotics Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 10: United States Service Robotics Market Estimates and Projections in US$ Million by Category: 2020 to 2027 Table 11: Service Robotics Market in the United States by Category: A Historic Review in US$ Million for 2012-2019 Table 12: United States Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 CANADA Table 13: Canadian Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020 to 2027 Table 14: Canadian Service Robotics Historic Market Review by Category in US$ Million: 2012-2019 Table 15: Service Robotics Market in Canada: Percentage Share Breakdown of Sales by Category for 2012, 2020, and 2027 JAPAN Table 16: Japanese Market for Service Robotics: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2020-2027 Table 17: Service Robotics Market in Japan: Historic Sales Analysis in US$ Million by Category for the Period 2012-2019 Table 18: Japanese Service Robotics Market Share Analysis by Category: 2012 VS 2020 VS 2027 CHINA Table 19: Chinese Service Robotics Market Growth Prospects in US$ Million by Category for the Period 2020-2027 Table 20: Service Robotics Historic Market Analysis in China in US$ Million by Category: 2012-2019 Table 21: Chinese Service Robotics Market by Category: Percentage Breakdown of Sales for 2012, 2020, and 2027 EUROPE Market Facts & Figures European Service Robotics Market: Competitor Market Share Scenario (in %) for 2020 & 2025 Market Analytics Table 22: European Service Robotics Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 23: Service Robotics Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 24: European Service Robotics Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 25: European Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020-2027 Table 26: Service Robotics Market in Europe in US$ Million by Category: A Historic Review for the Period 2012-2019 Table 27: European Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 FRANCE Table 28: Service Robotics Market in France by Category: Estimates and Projections in US$ Million for the Period 2020-2027 Table 29: French Service Robotics Historic Market Scenario in US$ Million by Category: 2012-2019 Table 30: French Service Robotics Market Share Analysis by Category: 2012 VS 2020 VS 2027 GERMANY Table 31: Service Robotics Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2020-2027 Table 32: German Service Robotics Historic Market Analysis in US$ Million by Category: 2012-2019 Table 33: German Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 ITALY Table 34: Italian Service Robotics Market Growth Prospects in US$ Million by Category for the Period 2020-2027 Table 35: Service Robotics Historic Market Analysis in Italy in US$ Million by Category: 2012-2019 Table 36: Italian Service Robotics Market by Category: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED KINGDOM Table 37: United Kingdom Market for Service Robotics: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2020-2027 Table 38: Service Robotics Market in the United Kingdom: Historic Sales Analysis in US$ Million by Category for the Period 2012-2019 Table 39: United Kingdom Service Robotics Market Share Analysis by Category: 2012 VS 2020 VS 2027 SPAIN Table 40: Spanish Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020 to 2027 Table 41: Spanish Service Robotics Historic Market Review by Category in US$ Million: 2012-2019 Table 42: Service Robotics Market in Spain: Percentage Share Breakdown of Sales by Category for 2012, 2020, and 2027 RUSSIA Table 43: Russian Service Robotics Market Estimates and Projections in US$ Million by Category: 2020 to 2027 Table 44: Service Robotics Market in Russia by Category: A Historic Review in US$ Million for 2012-2019 Table 45: Russian Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 REST OF EUROPE Table 46: Rest of Europe Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020-2027 Table 47: Service Robotics Market in Rest of Europe in US$ Million by Category: A Historic Review for the Period 2012-2019 Table 48: Rest of Europe Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 49: Asia-Pacific Service Robotics Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 50: Service Robotics Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019 Table 51: Asia-Pacific Service Robotics Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 52: Service Robotics Market in Asia-Pacific by Category: Estimates and Projections in US$ Million for the Period 2020-2027 Table 53: Asia-Pacific Service Robotics Historic Market Scenario in US$ Million by Category: 2012-2019 Table 54: Asia-Pacific Service Robotics Market Share Analysis by Category: 2012 VS 2020 VS 2027 AUSTRALIA Table 55: Service Robotics Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2020-2027 Table 56: Australian Service Robotics Historic Market Analysis in US$ Million by Category: 2012-2019 Table 57: Australian Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 INDIA Table 58: Indian Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020 to 2027 Table 59: Indian Service Robotics Historic Market Review by Category in US$ Million: 2012-2019 Table 60: Service Robotics Market in India: Percentage Share Breakdown of Sales by Category for 2012, 2020, and 2027 SOUTH KOREA Table 61: Service Robotics Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2020-2027 Table 62: South Korean Service Robotics Historic Market Analysis in US$ Million by Category: 2012-2019 Table 63: Service Robotics Market Share Distribution in South Korea by Category: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 64: Rest of Asia-Pacific Market for Service Robotics: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2020-2027 Table 65: Service Robotics Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Category for the Period 2012-2019 Table 66: Rest of Asia-Pacific Service Robotics Market Share Analysis by Category: 2012 VS 2020 VS 2027 LATIN AMERICA Table 67: Latin American Service Robotics Market Trends by Region/Country in US$ Million: 2020-2027 Table 68: Service Robotics Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019 Table 69: Latin American Service Robotics Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 70: Latin American Service Robotics Market Growth Prospects in US$ Million by Category for the Period 2020-2027 Table 71: Service Robotics Historic Market Analysis in Latin America in US$ Million by Category: 2012-2019 Table 72: Latin American Service Robotics Market by Category: Percentage Breakdown of Sales for 2012, 2020, and 2027 ARGENTINA Table 73: Argentinean Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020-2027 Table 74: Service Robotics Market in Argentina in US$ Million by Category: A Historic Review for the Period 2012-2019 Table 75: Argentinean Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 BRAZIL Table 76: Service Robotics Market in Brazil by Category: Estimates and Projections in US$ Million for the Period 2020-2027 Table 77: Brazilian Service Robotics Historic Market Scenario in US$ Million by Category: 2012-2019 Table 78: Brazilian Service Robotics Market Share Analysis by Category: 2012 VS 2020 VS 2027 MEXICO Table 79: Service Robotics Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2020-2027 Table 80: Mexican Service Robotics Historic Market Analysis in US$ Million by Category: 2012-2019 Table 81: Mexican Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 82: Rest of Latin America Service Robotics Market Estimates and Projections in US$ Million by Category: 2020 to 2027 Table 83: Service Robotics Market in Rest of Latin America by Category: A Historic Review in US$ Million for 2012-2019 Table 84: Rest of Latin America Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 MIDDLE EAST Table 85: The Middle East Service Robotics Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 86: Service Robotics Market in the Middle East by Region/Country in US$ Million: 2012-2019 Table 87: The Middle East Service Robotics Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 88: The Middle East Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020 to 2027 Table 89: The Middle East Service Robotics Historic Market by Category in US$ Million: 2012-2019 Table 90: Service Robotics Market in the Middle East: Percentage Share Breakdown of Sales by Category for 2012,2020, and 2027 IRAN Table 91: Iranian Market for Service Robotics: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2020-2027 Table 92: Service Robotics Market in Iran: Historic Sales Analysis in US$ Million by Category for the Period 2012-2019 Table 93: Iranian Service Robotics Market Share Analysis by Category: 2012 VS 2020 VS 2027 ISRAEL Table 94: Israeli Service Robotics Market Estimates and Forecasts in US$ Million by Category: 2020-2027 Table 95: Service Robotics Market in Israel in US$ Million by Category: A Historic Review for the Period 2012-2019 Table 96: Israeli Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 97: Saudi Arabian Service Robotics Market Growth Prospects in US$ Million by Category for the Period 2020-2027 Table 98: Service Robotics Historic Market Analysis in Saudi Arabia in US$ Million by Category: 2012-2019 Table 99: Saudi Arabian Service Robotics Market by Category: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED ARAB EMIRATES Table 100: Service Robotics Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2020-2027 Table 101: United Arab Emirates Service Robotics Historic Market Analysis in US$ Million by Category: 2012-2019 Table 102: Service Robotics Market Share Distribution in United Arab Emirates by Category: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 103: Service Robotics Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2020-2027 Table 104: Rest of Middle East Service Robotics Historic Market Analysis in US$ Million by Category: 2012-2019 Table 105: Rest of Middle East Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 AFRICA Table 106: African Service Robotics Market Estimates and Projections in US$ Million by Category: 2020 to 2027 Table 107: Service Robotics Market in Africa by Category: A Historic Review in US$ Million for 2012-2019 Table 108: African Service Robotics Market Share Breakdown by Category: 2012 VS 2020 VS 2027 IV. COMPETITION Total Companies Profiled: 113 Read the full report: https://www.reportlinker.com/p0305182/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
