Service robots assist human beings, typically by performing a job that is dirty, dull, distant, dangerous or repetitive. They are capable of making decisions and acting autonomously in real and unpredictable environments to accomplish determined tasks. According to market research study published by Gen Consulting Company, the global service robot market is expected to reach approximately USD 29,378 million, representing a CAGR of 13.3% during the forecast period 2022-2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global service robot market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the service robot industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for service robot can be segmented by product: professional service robots, personal service robots. Among these, the professional service robots segment was accounted for the highest revenue generator in 2021. Service robot market is further segmented by application: construction, defense & security, domestic tasks, entertainment & leisure, field, logistics, medical & healthcare, others. Based on region, the service robot market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:
– professional service robots
– personal service robots

By application:
– construction
– defense & security
– domestic tasks
– entertainment & leisure
– field
– logistics
– medical & healthcare
– others

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The report has also analysed the competitive landscape of the global service robot market with some of the key players being Aethon Inc., Fanuc Corporation, General Dynamics Mission Systems, Honda Motor Company, Ltd., Intuitive Surgical, Inc., Kongsberg Maritime Ltd, KUKA AG (Midea Group), Lely Holding S.a.r.l., Nachi Robotics Systems, Inc., Northrop Grumman Corporation, Omron Corporation, Parrot Drone SAS, Staubli International AG, SZ DJI Technology Co., Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global service robot market.
– To classify and forecast the global service robot market based on product, application, region.
– To identify drivers and challenges for the global service robot market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global service robot market.
– To identify and analyze the profile of leading players operating in the global service robot market.

Why Choose This Report
– Gain a reliable outlook of the global service robot market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.