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    Professional Service Robots Market | Covid-19 Impact Analysis

    Professional Service Robots Market | Covid-19 Impact Analysis

    Professional Service Robots Market | Covid-19 Impact Analysis
    Report code - SRCG203 Delivery - 2 Weeks
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    Professional Service Robots Market Size, Share, Trend, Forecast, & Industry Analysis & See more...
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    Impact of COVID-19 on Professional Service Robots Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Professional Service Robots Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Professional Service Robots Market Insights

    Professional service robots’ market is likely to witness an impressive CAGR of 30% during the forecast period. The prime factors which are likely to drive the professional service robots’ market are innovations and development in 5G technology and AI chipsets, reduced human tasks at various workplaces, low operational expenses, and high Return on Investment (ROI).

    Professional Service Robots Market - Snapshot

    Growth

    30% for the next five years

    Fastest-Growing Application Type

    Logistics

    Region with the Highest Demand

    Europe

    Key Players

    Boston Dynamics, Cyberdyne Inc., Daifuku Co. Ltd,

    GeckoSystems Intl. Corp., iRobot Corporation, KUKA AG,

    Northrop Grumman Corporation, Ontario Drive & Gear Ltd, Robert

    Bosch GmbH, and Softbank Robotics Group

     

    Market Share Analysis

    Professional-Service-Robots-Market-Dominant-Segments

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    Professional Service Robots Market Share: By Application Type

    Based on the application type, the market is segmented as logistics, healthcare, military & defense, inspection & maintenance, customer service, field robots, and others. Logistics application is likely to grow at the fastest pace, driven by the requirement for flexible and speedy delivery of goods in the customer-driven economy.

    Professional Service Robots Market Share: By Region

    In terms of regions, Europe led the professional service robots’ market in 2019, both in terms of value as well as volume, followed by Germany. The region has a strong presence of professional service robot manufacturers that cater to various industry verticals globally. Also, around 50% of logistics system manufacturers are European companies that contribute to strong market of professional service robots for logistics application type.

    Professional-Service-Robots-Market-By-Region

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    Some of the major professional service robot manufacturers are-

    • Boston Dynamics
    • Cyberdyne Inc.
    • Daifuku Co. Ltd
    • GeckoSystems Intl. Corp.
    • iRobot Corporation
    • KUKA AG
    • Northrop Grumman Corporation
    • Ontario Drive & Gear Ltd
    • Robert Bosch GmbH
    • Softbank Robotics Group.

     

    Market Scope & Segmentation

    Professional service robots are used for helping humans, rather than replacing them. Though these robots have arms, but they are unable to perform heavy tasks that can be performed by most of the industrial robots.  There has been a massive demand for these robots, as they offer several advantages, such as increased productivity, greater workplace safety, and streamlined process.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Professional Service Robots Market Research Report - Features

    Market Segmentation

    2

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The professional service robots’ market is segmented into the following categories. 

    Professional Service Robots Market Size, Share, & Forecast, by Application Type:

    • Logistics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Inspection & Maintenance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Customer Service (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Field Robots (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Professional Service Robots Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Professional-Service-Robots-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the application types by region.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Professional Service Robots Market in the foreseeable future?

    The professional service robots market is expected to witness an impressive growth of 30% CAGR in the foreseeable future.

    Who are the key players in the Professional Service Robots Market?

    Boston Dynamics, Cyberdyne Inc., Daifuku Co. Ltd, GeckoSystems Intl. Corp., iRobot Corporation, KUKA AG, Northrop Grumman Corporation, Ontario Drive & Gear Ltd, Robert Bosch GmbH, and Softbank Robotics Group are among the key players in the professional service robots market.

    Which application is likely to grow at a fastest pace in the Professional Service Robots Market?

    Logistics application is likely to grow at the fastest pace in the professional service robots market in the coming years.

    What are the prime factors driving the Professional Service Robots Market?

    The prime factors driving the professional service robots market are innovations and development in 5G technology and AI chipsets, reduced human tasks at various workplaces, low operational expenses, and high Return on Investment (ROI).

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