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Global Professional Service Robots Market Size study, byApplication (Field Robotics, Professional Cleaning, Inspection & Maintenance, Construction & Demolition, Logistics, Medical Robots, Rescue & Security, Underwater, Public Relation,Other Application) by Form Factor (Land-based, Water-based, Wearable Robots) and Regional Forecasts 2021-2027

  • BIZ4594971
  • 200 Pages
  • June 2021
  • Automotive and Transportation
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Global Professional Service RobotsMarket is valued approximately USD 17.3billion in 2020 and is anticipated to grow with a healthy growth rate of more than 41% over the forecast period 2021-2027. Professional service robots are mostly used to assist humans rather than just to replace individuals. The robotic systems have an arm but are incapable of performing complicated operations that most industrial robots do. In the small and medium-sized business sector, the Robot-as-a-Service (RaaS) concept is gaining steam. The strategy allows users to lease robotic devices and subscribe to cloud-based subscriptions without making large upfront commitments. As a result, it lowers the high capital requirements for small and medium-sized firms, enabling them to benefit from robotics mechanization. Many digital titans are focusing on the technology that will allow RaaS to be implemented on a broad basis. AWS RoboMaker is a cloud-based structure developed by Amazon.com, Inc. that delivers algorithms, surveillance, and analytics to professional service robot manufacturers. The Google Cloud Robotics Platform, which offers a cloud-connected robotics alternative, is also being developed by Google LLC. In the worldwide professional service robots market, the increasing use of robots for companionship and handicap support could create attractive growth prospects. Disability robots are created to assist persons with physical limitations that make it difficult for them to carry out their regular responsibilities. People who have severe injuries that affect their daily tasks have been shown to benefit from disability robots. However, data privacy is one of the most serious challenges with professional service robots. Many robots can be hacked and utilized for nefarious purposes. Robots utilized in the defense and intelligence sectors are particularly vulnerable, as they can be hacked and then used to investigate, steal private information, or, in the worst-case scenario, attack.Despite the fact that robot makers are increasing security protocols, robots are still vulnerable to hacking. As a result, during the forecast period, these factors are likely to hinder the market growth.Also, another business possibility is companion robots, which are an emerging concept in which robots will be employed to assist the elderly. These robots are quite sophisticated and can be helpful at home. They can remind seniors to take their meds and perform other daily tasks.

In 2019, Europe had the most revenue of USD 59.9 billion and the largest volume share, with Germany leading the way. Nearly 42% of professional service robot companies in the world are based in the region, and they serve a variety of industry verticals. Furthermore, European companies account for about half of the logistics network makers, indicating considerable growth in the logistics sector.During the forecast timeframe, the Asia Pacific region is predicted to increase at the fastest rate. The presence of countries such as Japan, China, and South Korea, which contribute for a substantial portion of the region's population, is helping to drive growth prospects. Furthermore, it is expected that rising disposable income in incredibly quickly developing countries such as India and Singapore will raise demand for professional service robots in coming years.

Major market player included in this report are:

ABB Ltd.

Boston Dynamics

Comau S.P.A.

Daifuku Co., Ltd.

Kawasaki Heavy Industries, Ltd.

Mitsubishi Electric Corporation

Ontario Drive & Gear Ltd.

Universal Robots A/S

Yaskawa, Inc.

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 Service:

Field Robotics

Professional Cleaning

Inspection & Maintenance

Construction & Demolition

Logistics

Medical Robots

Rescue & Security

Underwater

Public Relation

Other Applications

By Form Factor:

Land-based

Water-based

Wearable Robots

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Professional Service Robots Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Professional Service Robots Market, by Region, 2019-2027 (USD Billion)

1.2.2. Professional Service Robots Market, by Application,2019-2027 (USD Billion)

1.2.3. Professional Service Robots Market, by Form Factor,2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Professional Service Robots Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Professional Service Robots Market Dynamics

3.1. Professional Service Robots Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Lowered high capital requirementswith the adoption of RaaS

3.1.1.2. Growing adoption in handicap support

3.1.2. Market Challenges

3.1.2.1. Data security

3.1.3. Market Opportunities

3.1.3.1. Increasing business possibility in companion robots

Chapter 4. Global Professional Service Robots MarketIndustry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Professional Service Robots Market, by Application

5.1. Market Snapshot

5.2. Global Professional Service Robots Market by Application, Performance - Potential Analysis

5.3. Global Professional Service Robots Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

5.4. Professional Service Robots Market, Sub Segment Analysis

5.4.1. Field Robotics

5.4.2. Professional Cleaning

5.4.3. Inspection & Maintenance

5.4.4. Construction & Demolition

5.4.5. Logistics

5.4.6. Medical Robots

5.4.7. Rescue & Security

5.4.8. Underwater

5.4.9. Public Relation

5.4.10. Other Application

Chapter 6. Global Professional Service Robots Market, by Form Factor

6.1. Market Snapshot

6.2. Global Professional Service Robots Market by Form Factor, Performance - Potential Analysis

6.3. Global Professional Service Robots Market Estimates & Forecasts by Form Factor2018-2027 (USD Billion)

6.4. Professional Service Robots Market, Sub Segment Analysis

6.4.1. Land-based

6.4.2. Water-based

6.4.3. Wearable Application

Chapter 7. Global Professional Service Robots Market, Regional Analysis

7.1. Professional Service Robots Market, Regional Market Snapshot

7.2. North America Professional Service Robots Market

7.2.1. U.S.Professional Service Robots Market

7.2.1.1. Application breakdown estimates & forecasts, 2018-2027

7.2.1.2. Form Factor breakdown estimates & forecasts, 2018-2027

7.2.2. CanadaProfessional Service Robots Market

7.3. Europe Professional Service Robots Market Snapshot

7.3.1. U.K. Professional Service Robots Market

7.3.2. Germany Professional Service Robots Market

7.3.3. France Professional Service Robots Market

7.3.4. Spain Professional Service Robots Market

7.3.5. Italy Professional Service Robots Market

7.3.6. Rest of EuropeProfessional Service Robots Market

7.4. Asia-PacificProfessional Service Robots Market Snapshot

7.4.1. China Professional Service Robots Market

7.4.2. India Professional Service Robots Market

7.4.3. JapanProfessional Service Robots Market

7.4.4. Australia Professional Service Robots Market

7.4.5. South Korea Professional Service Robots Market

7.4.6. Rest of Asia PacificProfessional Service Robots Market

7.5. Latin America Professional Service Robots Market Snapshot

7.5.1. Brazil Professional Service Robots Market

7.5.2. Mexico Professional Service Robots Market

7.6. Rest of The World Professional Service Robots Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. ABB Ltd.

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Boston Dynamics

8.2.3. Comau S.P.A.

8.2.4. Daifuku Co., Ltd

8.2.5. Kawasaki Heavy Industries, Ltd.

8.2.6. KUKA AG

8.2.7. Mitsubishi Electric Corporation

8.2.8. Ontario Drive & Gear Ltd.

8.2.9. Universal Robots A/S

8.2.10. Yaskawa, Inc.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Professional Service Robots market, report scope

TABLE 2. Global Professional Service Robots market estimates & forecasts by Region 2018-2027 (USDBillion)

TABLE 3. Global Professional Service Robots market estimates & forecasts by Application 2018-2027 (USDBillion)

TABLE 4. Global Professional Service Robots market estimates & forecasts by Form Factor2018-2027 (USDBillion)

TABLE 5. Global Professional Service Robots market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 6. Global Professional Service Robots market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 7. Global Professional Service Robots market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 8. Global Professional Service Robots market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 9. Global Professional Service Robots market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 10. Global Professional Service Robots market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 11. Global Professional Service Robots market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 12. Global Professional Service Robots market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 13. Global Professional Service Robots market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 14. Global Professional Service Robots market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 15. U.S. Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 16. U.S. Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 17. U.S. Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 18. Canada Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 19. Canada Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 20. Canada Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 21. UKProfessional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 22. UKProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 23. UKProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 24. Germany Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 25. Germany Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 26. Germany Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 27. RoEProfessional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 28. RoEProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 29. RoEProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 30. China Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 31. China Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 32. China Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 33. India Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 34. India Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 35. India Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 36. Japan Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 37. Japan Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 38. Japan Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 39. RoAPACProfessional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 40. RoAPACProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 41. RoAPACProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 42. Brazil Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 43. Brazil Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 44. Brazil Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 45. Mexico Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 46. Mexico Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 47. Mexico Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 48. RoLAProfessional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 49. RoLAProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 50. RoLAProfessional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 51. Row Professional Service Robots market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 52. Row Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 53. Row Professional Service Robots market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 54. List of secondary sources, used in the study of global Professional Service Robots market

TABLE 55. List of primary sources, used in the study of global Professional Service Robots market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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