Global Service Robotics Market and Volume Forecast to 2024 - By Type (Professional Service Robots, Personal and Domestic Service Robots) and Key Players Analysis
                     
Global Service Robotics Market and Volume - Overview
The global service robotics market was valued at over US$ 9 Billion in 2017. Service robots have 
witnessed widespread acceptance among various professional and personal applications owing to 
benefits such as enhanced usability, delivery of accurate and high-quality services, reliability, and 
reduced operational costs and human errors. Professional service robots are employed in various 
industries including medical, defense, rescue and security, agriculture, logistics, construction, and 
professional cleaning among others, whereas personal service robots are used for domestic and 
entertainment and leisure purpose.
Global - Service Robotics Market (Billion US$), 2009-2017
Note: Dummy Data, Actual figures given in the report
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Global Service Robotics Market and Volume Forecast
The global service robotics market is expected to almost triple by 2024 from the 2017 level, driven 
by an upsurge in its adoption owing to high labor cost, lack of skilled workforce, increasing 
research and development investments, growing awareness regarding the benefits of service 
robots, and increased demand for automation among professional and personal sectors. However, 
high initial investment and concern for human safety restricts the growth of the market.
Global – Forecast for Service Robotics Volume (Million), 2018-2024
Note: Dummy Data, Actual figures given in the report
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Global Service Robotics Market and Volume Forecast - By Type
1. Professional Service Robotics  By Segment – Professional Service Robotics Market Share (Percent), 2017
• The global service robotics market is expected 
to almost triple by 2024 from the 2017 level.
• The global professional service robotics market 
was valued at close to US$ 7 Billion in 2017.
• The market for personal and domestic service 
robotics segment is expected to reach nearly 
US$ 8 Billion by 2024.
• The global professional service robotics sales 
volume is predicted to exceed 450,000 units by 
2024.
• In 2017, logistic application was the major 
 By Segment - Forecast for Professional Service Robotics Volume Share (Percent), 2024
industry vertical, in terms of market share, 
followed by medical applications. 
• Agriculture/field robots controlled over 14% 
share of the professional service market in 
2017.
• In volume terms, the logistic robots accounted 
for maximum share of the overall professional 
service robotics volume in 2017.
• The medical robots accounted for single digit 
share of the professional service robotics 
volume in 2015, due to expensive nature of 
these devices.
Note:  Dummy Data, Actual figures given in the report.
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Global Service Robotics Market and Volume Forecast - By Type
2. Personal and Domestic Service Robotics
• Household robots accounted for maximum share of the personal and domestic service robotics market in 
2017.
• It is anticipated that the entertainment and leisure robot will account for nearly 30% share of the personal and 
domestic service robotics market by 2024.
 By Segment – Personal and Domestic Service Robotics Market Share (Percent), 2017  By Segment - Forecast for Personal and Domestic Service Robotics Volume Share (Percent), 2024
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This is the 3rd edition report on Robotics Market by iGATE 
RESEARCH. The report titled “Global Service Robotics Market 
and Volume Forecast to 2024 - By Type (Professional Service 
Robots, Personal and Domestic Service Robots) and Key 
Players Analysis” provides a comprehensive assessment of the 
fast-evolving, high-growth Service Robotics Market.
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This 151 Page report with 83 Figures and 12 Tables has been analyzed from 8 viewpoints:
1. Global Service Robotics Market and Forecast (2009 - 2024)
2. Global Service Robotics Volume and Forecast (2009 - 2024)
3. Global Professional Service Robotics Market and Forecast - By Segment (2009 - 2024)
4. Global Professional Service Robotics Volume and Forecast - By Segment (2009 - 2024)
5. Global Personal and Domestic Service Robotics Market and Forecast - By Segment (2009 - 2024)
6. Global Personal and Domestic Service Robotics Volume and Forecast - By Segment (2009 - 2024)
7. Key Player - Sales and SWOT Analysis (2010 - 2024)
8. Global Service Robotics Market - Growth Drivers and Challenges
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Global Service Robotics Market and Volume Forecast - By Type
1. Professional Service Robotics
2. Personal and Domestic Service Robotics
Global Professional Service Robotics Market and Volume Forecast - By Segment
1. Defence   8. Mobile Platforms
2. Agriculture/Field   9. Inspection
3. Logistic 10. Underwater
4. Medical 11. Rescue and Security
5. Exoskeletons 12. Cleaning
6. Public Relations Robots 13. Others
7. Construction
 
Global Personal and Domestic Service Robotics Market and Volume Forecast - By Segment
1. Household Robotics
2. Entertainment and Leisure Robotics
Global Robotics Market - Key Players Sales and SWOT Analysis
1. KUKA AG  4. Intuitive Surgical 
2. Adept Technology (Acquired by OMRON) 5. Nachi-Fujikoshi 
3. iRobot Corporation  6. Yaskawa Electric Corporation
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“Global Service Robotics Market and Volume Forecast to 2024 
- By Type (Professional Service Robots, Personal and Domestic
 Service Robots) and Key Players Analysis”
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