As the demand for automation rises from every sector of an economy,
companies invest more on research and development of the latest
technologies and equipment aimed at reducing the burden on human
labor. A trend similar to this is observed in the defense and
military sectors globally, which the report evaluates and examines in
detail. Demand for service robotics, particularly from the defense
industry, is expected to rise as tensions pertaining to bilateral
relations between several neighboring countries escalate. Unmanned
aerial vehicles and ground vehicles are the most popular service
robots deployed by the defense sector. The use of these robots is
likely to reduce the number of casualties and deaths during war.
Apart from increasing demand from the defense sector, rapid
industrialization is also aiding growth of the global service
robotics market. Service robots are faster and more efficient than
humans at almost any task. Thus, they help improve efficiency and
reduce work time particularly, in the manufacturing sector. Service
robots are used across industries to carry out different functions
such as packaging, welding, painting, and lifting heavy objects.
For the purpose of the study, the report segments the global service
robotics market into personal and professional service robots based
on product type. Of these, professional service robots led the market
in 2014. Rapid industrialization and increasing demand for automation
have been fuelling the demand for professional service robots
worldwide.Based on application, the market is segmented into
agriculture, defense, logistics, healthcare, infrastructure,
aerospace, research and development, entertainment, and others. Of
these, the defense sector accounted for the majority of demand. The
defense segment accounted for 17.8% of the market, trailed by the
healthcare segment, which held 14.1% of the market in 2014.
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Regionally, the global service robotics market is segmented into Asia
Pacific, Europe, North America, and Rest of the World. Of these,
North America held the largest share of market in 2014, followed by
Asia Pacific, Europe, and Rest of the World.
Global Service Robotics Market, by Product
> Professional service robots
> Personal service robots
Global Service Robotics Market, by Application:
> Defense
> Agriculture
> Health care
> Logistics
> Aerospace
> Infrastructure
> Entertainment
> Research and development
> Others
Global Service Robotics Market, by Geography:
> North America
> Europe
> Asia Pacific
> RoW
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