Service Robotics Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis SoftBank Robotics Group, iRobot Corp

According to Stratistics MRC, the Global Service Robotics Market is accounted for $20.40 billion in 2020 and is expected to reach $93.74 billion by 2028 growing at a CAGR of 21.0% during the forecast period. Increasing need for automation, high labor cost and lack of skilled human workforce and availability of affordable and energy-efficient robots are driving the market growth. However, high initial investment and installation costs are hampering the growth of the market.

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By geography, North America is going to have high growth during the forecast period due to the increasing usage of the market in countries like the U.S. and Canada. Also, the increasing use of robotics in the medical, construction sector, and defense sectors increases the market growth in the North America.

Some of the key players profiled in the Service Robotics Market include SoftBank Robotics Group, iRobot Corp, Exyn Technologies, Starship Technologies, Northrop Grumman, Neato Robotics, Stryker Corporation, General Electric, Amazon Robotics, Kongsberg Maritime, Adept Technology, Inc, DJI Technology, LG Electronics Inc., Samsung Electronics Co., Ltd and GeckoSystems International Ltd.

Types Covered:
• Professional Service Robots
• Personal Service Robots   

Components Covered:
• Software
• Services
• Hardware   

Environments Covered:
• Aerial
• Ground
• Naval   

Applications Covered:
• Aerospace
• Research and Space Exploration
• Supply Chain Sector
• Infrastructure
• Public Relations
• Inspection and Maintenance
• Industrial/Commercial
• Construction
• Defense, Rescue, and Security
• Entertainment and Leisure
• Field
• Healthcare
• Logistics
• Domestic
• Marine

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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