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Global Professional Service Robotics Market 2015-2019

Global Professional Service Robotics Market 2015-2019

Market outlook of the professional service robotics market

Professional service robots have the tendency to work closely with humans and can be used in a wide application ranging from surveillance to underwater inspection. They provide convenience and safety, among other benefits, thus creating demand worldwide. Technavio expects the global professional service robotics market to multiply at a remarkable rate of nearly 16% during the forecast period. Today, the adoption of robots is on the rise globally as they tend to minimize manual labor and reduce the chances of human error.

In the last decade, there have been numerous technological advancements in the field of robotics that have made the adoption of robots easy, viable, and beneficial. For instance, there has been a lot of innovations and improvements in the Internet of things, automation, M2M communications, and cloud. The modern robotic manufacturers are trying to take advantage of these technologies as a communication medium between the robots and humans, thus increasing the convenience as well as the transfer of real-time information within the business entity seamlessly.

Segmentation of the professional service robotics market by application

Defense, rescue, safety, and aerospace application
Field application
Logistics application
Healthcare application
Others
The defense application segment was the largest contributor to the growth of the global professional service robotics market with more than 44% share of the overall shipments in 2014. The demand for UGV and UAV for surveillance and safeguarding lives of personnel from ammunition, landmines, and bombs is expected to drive the demand for robotics.

Geographical segmentation of the professional service robotics market

Americas
APAC
EMEA
As of 2014, EMEA was the largest contributor to the global professional service robotics market and accounted for nearly 42% of the market share. Countries such as Germany, France, and Italy are the leading revenue contributors to the market in Europe.

Competitive landscape and key vendors

The entry of many new vendors with high technological capabilities is elevating the competition in the global professional service robotics market, however, large international vendors dominate the market in terms of quality, durability, reliability, and technological innovations.

Top vendors in this market are -

Northrop Grumman
Daifuku
Other prominent vendors included in this report are AB Electrolux, Agrobot, Argo Robotics, Blue River Technology, Boston Dynamics, BouMatic Robotics, Curexo Technology, ECA SA, Elbit Systems, Fullwood, GEA, GeckoSystems, Hansen Medical, Harvest Automation, Health Robotics, iRobot, Kinova Robotics, Macdonald Dettwiler & Associates, MAKO Surgical Corp., SAC, THINK Surgical, Titan Medicals, and Touch Bionics.

Key questions answered in the report include

What will the market size and the growth rate be in 2019
What are the key factors driving the global professional service robotics market
What are the key market trends impacting the growth of the global professional service robotics market
What are the challenges to market growth
Who are the key vendors in the global professional service robotics market
What are the market opportunities and threats faced by the vendors in the global professional service robotics market
What are the trending factors influencing the market shares of the Americas, EMEA, and APAC
What are the key outcomes of the five forces analysis of the global professional service robotics market
Technavio also offers customization on reports based on specific client requirement.

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Press Release

Technavio Announces the Publication of its Research Report Global Professional Service Robotics Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Professional Service Robotics Market: Northrop Grumman and Daifuku

Other Prominent Vendors in the market are: AB Electrolux, Agrobot, Argo Robotics, Blue River Technology, Boston Dynamics, BouMatic Robotics, Curexo Technology, ECA SA, Elbit Systems, Fullwood, GEA, GeckoSystems, Hansen Medical, Harvest Automation, Health Robotics, iRobot, Kinova Robotics, Macdonald Dettwiler & Associates, MAKO Surgical Corp., SAC, THINK Surgical, Titan Medicals, and Touch Bionics.

Commenting on the report, an analyst from Technavios team said: The focus toward research initiatives in the development of advanced robotic technologies worldwide by many research institutes and governments should be one of the major emerging trends in the market that could result in many ground-breaking innovations.

According to the report, robots are more efficient compared to human beings and would be able to do a lot of work within a short span, thereby saving time. A person can simultaneously keep tab on many robots thereby reducing the manual labor time as well as increasing the manual labor productivity.

Further, the report states that the lack of awareness about the advantages of robots, particularly about the cost-benefit analysis, has resulted in the slow adoption of robots especially by small and medium enterprises and is acting as a restraint to the market.

Companies Mentioned

Northrop Grumman, Daifuku, AB Electrolux, Agrobot, Argo Robotics, Blue River Technology, Boston Dynamics, BouMatic Robotics, Curexo Technology, ECA SA, Elbit Systems, Fullwood, GEA, GeckoSystems, Hansen Medical, Harvest Automation, Health Robotics, iRobot, Kinova Robotics, Macdonald Dettwiler & Associates, MAKO Surgical Corp., SAC, THINK Surgical, Titan Medicals, Touch Bionics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table Global professional service robotics market 2014-2019 (thousand units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Table Global professional service robotics market in defense, rescue, safety and aerospace applications segment 2014-2019 (thousand units)
    • Table Defense spending of major economies
    • Table Global professional service robotics market in field applications 2014-2019 (thousand units)
    • Table Field robots market
    • Table Global professional service robotics market in logistics application segment 2014-2019 (thousand units)
    • Table Global professional service robotics market in healthcare application segment 2014-2019 (thousand units)
    • Table Healthcare robotics market 2014
    • Table Global professional service robotics market in other applications segment 2014-2019 (thousand units)
  • Geographical segmentation
    • Table Global professional service robotics market in EMEA 2015-2019 (thousand units)
    • Table Global professional service robotics market in Americas 2015-2019 (thousand units)
    • Table Global professional service robotics market in APAC 2015-2019 (thousand units)
  • Market drivers
    • Table Global professional service robotics market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Global professional service robotics market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Global professional service robotics market trends
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • AeroVironment
      • Table AeroVironment: Business segmentation 2015 by revenue
      • Table AeroVironment: Business segmentation by revenue 2014 and 2015 ($ millions)
    • Daifuku
      • Table Daifuku: Business segmentation by revenue 2015
      • Table Daifuku: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Daifuku: Geographical segmentation by revenue 2015
    • Northrop Grumman
      • Table Northrop Grumman: Business segmentation by revenue 2014
      • Table Northrop Grumman: Business segmentation by revenue 2013 and 2014 ($ billions)
  • Appendix
    • List of abbreviation
  • Explore Technavio

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