The major applications includes domestic
(floor cleaning, pool cleaning, lawn mowing), medical (surgery and handicap
assistance). Field (harvest management, field farming, dairy and livestock
management), defense, rescue and security (demining, fire & bomb fighting
and border security and surveillance), entertainment, education, companionship
and elderly assistance, public relations, inspection & maintenance of
pipeline,powerplant, and energized transmission lines, logistics (warehouse
automation and last mile delivery), construction & demolition, marine
(oceanography, environmental protection& monitoring and archaelogical
exploration), research and space exploration. Which will lead to market
opportunity of USD 7.0 billion by 2025.
Which
are the major companies in the service robotics market? What are their major
strategies to strengthen their market presence?
The major companies include iRobot (US),
SoftBank Robotics Group (Japan), Intuitive Surgical (US), Delaval (Sweden),
Daifuku (Japan) and CYBERDYNE (Japan). The major strategies adopted by these
players are new product launches and partnerships and collaborations.
Which
is the potential market for service robots in terms of region?
APAC is the highest growing region for this
market. This is due to the rise in disposable income due to increasing
industrialization in developing countries such as India and the Philippines is
expected to increase the demand for service robots. The oil & gas industry
in APAC has witnessed significant growth in the past 2–3 years, which is
leading to a high demand for autonomous underwater vehicles (AUVs) and remotely
operated vehicles (ROVs). There is an increasing trend of automation and
globalization in India, Australia, and China, which is further boosting the service robotics market in APAC.
Which
are the major components of a service robot? How huge is the opportunity for
their growth in the next five years?
The major components of service robot
includes hardware (propulsion systems, cameras, sensors, navigation system,
airframes, control systems, actuator, power supply, motor driver, bluetooth
slave, and end effector) and software . Which will lead to market opportunity
of USD 7.9 billion by 2025
Which
type of robot will be widely used for the logistic application?
In logistics drones, automatic guided
vehicles, powered exoskeletons, and telepresence robots are used widely. In
2019, AGVs held the largest share of 64% of market for logistics application.
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