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Semiconductor and Electronics

Global Social Robots Market Size study, by End User Vertical (Healthcare, Education, Entertainment, Retail) and Regional Forecasts 2021-2027

  • BIZ4660703
  • 200 Pages
  • October 2021
  • Semiconductor and Electronics
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Global Social Robots Market is valued approximately at USD 1.98 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 34.34% over the forecast period 2021-2027. Social robots are mainly used in the healthcare, education, entertainment and the retail sector. Rapid technological advancements and increasing concerns towards the elderly population and Expanding need of the labors are factors contributing to the market growth. For instance: according to Reuters, by 2025, the Japanese government expects a shortage of 380,000 specialist personnel, hence it is working on the development of assisted living robots. Further, the World Bank has estimated that by 2025, 22% of the world's population would be over 60 years of age. Thus, the desire for associated robots is likely to expand, making social robots a profitable business. However, Algorithmic Bias-Related Complexity and Long-Term Engagement and Unexpected Consequences impedes the growth of the market over the forecast period of 2021-2027. Also, increasing demand from the end user industries such as education, medical and healthcare sector and heavy investment in the robotics sector are likely to increase the growth of the market in the forecast period.

The regional analysis of global Social Robots market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation. North America is the significant region in terms of largest market share across the world owing to increasing digitization Whereas, Europe is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rapid advancements in technology would create lucrative growth prospects for the Social Robots market across European region.

Major market player included in this report are:

Intuition Robotics Ltd

Inrobics Social Robotics SLL

Kinova Inc

Camanio AB

Matia Robotics (US) Inc.

Blue Ocean Robotics ApS

Motorika USA Inc.

AlterG Inc.

Bionik Laboratories Corp.

Furhat Robotics AB

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 End User Vertical:

Healthcare

Education

Entertainment

Retail

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 Social 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. Social Robots Market, by region, 2019-2027 (USD Billion)

1.2.2. Social Robots Market, by End User Vertical, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Social 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 Social Robots Market Dynamics

3.1. Social Robots Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rapid technological advancements

3.1.1.2. Increasing concerns towards the elderly population and Expanding need of the labours

3.1.2. Market Challenges

3.1.2.1. Algorithmic Bias-Related Complexity

3.1.2.2. Long-Term Engagement and Unexpected Consequences

3.1.3. Market Opportunities

3.1.3.1. Increasing demand from the end user industries such as education, medical and healthcare sector

3.1.3.2. Heavy investment in the robotics sector

Chapter 4. Global Social Robots Market: Industry 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. Economic

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Social Robots Market, by End User Vertical

5.1. Market Snapshot

5.2. Global Social Robots Market by End User Vertical, Performance - Potential Analysis

5.3. Global Social Robots Market Estimates & Forecasts by End User Vertical 2018-2027 (USD Billion)

5.4. Social Robots Market, Sub Segment Analysis

5.4.1. Healthcare

5.4.2. Education

5.4.3. Entertainment

5.4.4. Retail

Chapter 6. Global Social Robots Market, Regional Analysis

6.1. Social Robots Market, Regional Market Snapshot

6.2. North America Social Robots Market

6.2.1. U.S. Social Robots Market

6.2.1.1. End User Vertical breakdown estimates & forecasts, 2018-2027

6.2.2. Canada Social Robots Market

6.3. Europe Social Robots Market Snapshot

6.3.1. U.K. Social Robots Market

6.3.2. Germany Social Robots Market

6.3.3. France Social Robots Market

6.3.4. Spain Social Robots Market

6.3.5. Italy Social Robots Market

6.3.6. Rest of Europe Social Robots Market

6.4. Asia-Pacific Social Robots Market Snapshot

6.4.1. China Social Robots Market

6.4.2. India Social Robots Market

6.4.3. Japan Social Robots Market

6.4.4. Australia Social Robots Market

6.4.5. South Korea Social Robots Market

6.4.6. Rest of Asia Pacific Social Robots Market

6.5. Latin America Social Robots Market Snapshot

6.5.1. Brazil Social Robots Market

6.5.2. Mexico Social Robots Market

6.6. Rest of The World Social Robots Market

Chapter 7. Competitive Intelligence

7.1. Top Market Strategies

7.2. Company Profiles

7.2.1. Intuition Robotics Ltd

7.2.1.1. Key Information

7.2.1.2. Overview

7.2.1.3. Financial (Subject to Data Availability)

7.2.1.4. Product Summary

7.2.1.5. Recent Developments

7.2.2. Inrobics Social Robotics SLL

7.2.3. Kinova Inc

7.2.4. Camanio AB

7.2.5. Matia Robotics (US) Inc.

7.2.6. Blue Ocean Robotics ApS

7.2.7. Motorika USA Inc.

7.2.8. AlterG Inc.

7.2.9. Bionik Laboratories Corp.

7.2.10. Furhat Robotics AB

Chapter 8. Research Process

8.1. Research Process

8.1.1. Data Mining

8.1.2. Analysis

8.1.3. Market Estimation

8.1.4. Validation

8.1.5. Publishing

8.2. Research Attributes

8.3. Research Assumption

List of Tables

TABLE 1. Global Social Robots market, report scope

TABLE 2. Global Social Robots market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Social Robots market estimates & forecasts by End User Vertical 2018-2027 (USD Billion)

TABLE 4. Global Social Robots market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 5. Global Social Robots market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Social Robots market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Social Robots market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Social Robots market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Social Robots market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Social Robots market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Social Robots market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Social Robots market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Social Robots market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. U.S. Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 1. U.S. Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 2. U.S. Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 3. Canada Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 4. Canada Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 5. Canada Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 6. UK Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. UK Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 8. UK Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 9. Germany Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Germany Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 11. Germany Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 12. RoE Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. RoE Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 14. RoE Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 15. China Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. China Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 17. China Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. India Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. India Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. India Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. Japan Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Japan Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. Japan Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. RoAPAC Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. RoAPAC Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. RoAPAC Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Brazil Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. Brazil Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. Brazil Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. Mexico Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. Mexico Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Mexico Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. RoLA Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. RoLA Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. RoLA Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Row Social Robots market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Row Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Row Social Robots market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. List of secondary sources, used in the study of global Social Robots market

TABLE 40. List of primary sources, used in the study of global Social Robots market

TABLE 41. Years considered for the study

TABLE 42. Exchange rates considered

 
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