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MarketsandMarkets: Global Service Robotics Market Worth U.S. $21 Billion by 2014

In personal service robotics market, domestic robotics market is the largest segment; and is expected to reach US$1.97 billion by 2014 at a CAGR of 52%. The high market size of domestic robots is mainly due to demand of robots for assistance in household tasks and act as companion.

 

Dallas, TX -- (SBWIRE) -- 05/21/2010 -- According to a new market research report, ‘Global Service Robotics Market (2009 - 2014)’, published by MarketsandMarkets (http://www.marketsandmarkets.com), the total global service robotics market is expected to be worth US$21 billion by 2014, out of which the Asia market will account for nearly 35% of the total revenues. The global market is expected to record a CAGR of 49.6% from 2009 to 2014.

Browse in-depth TOC on Service Robotics Market.

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http://www.marketsandmarkets.com/Market-Reports/service-robotics-technologies-and-global-market-80.html

Increasing ageing population concerns are driving the need for domestic and personal service robots. Efficient and advanced robots with lower power consumption are the need of the hour.

In personal service robotics market, domestic robotics market is the largest segment; and is expected to reach US$1.97 billion by 2014 at a CAGR of 52%. The high market size of domestic robots is mainly due to demand of robots for assistance in household tasks and act as companion. The entertainment market is estimated to be $1.85 billion in 2014. Defense, security and surveillance robots cover the large segment of the professional service robotics market. However, they are expected to be taken over by field robots by 2014.

Ageing population and continuous research has made Asia the dominant player in the service robotics market. In 2009, the market share is estimated to be 52% with a size of $3.7 billion. Europe is expected to have the second-highest market for service robots. However, large consumer base of domestic robots in the U.S. and Europe makes them the most attractive market for vacuum cleaners and other domestic products.

Analyst Briefing Presentation on the Global Service Robotics market to be held on 8th June

The Advanced material at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Service Robotics market to be held on 8th June.

Table of contents
1 Introduction
1.1 Key Take Aways
1.2 Report description
1.3 Information Sources
2 Summary
3 Market Overview
3.1 Definition of service robots
3.2 Evolution of service robots
3.3 Competitive analysis of the different types of service robots
3.4 Pricing trend analysis
4 Market dynamics
4.1 Drivers
4.1.1 Aging population in Developed countries
4.1.2 Shrinking labor market for dull, dirty and Dangerous jobs
4.1.3 Value enhancement by Robots to customers and suppliers
4.1.4 Enhancement in Technology
4.2 Restraints
4.2.1 Safety for humans
4.2.2 Manipulation and interaction with real world
4.2.3 Perception for unstructured objects
4.2.4 Networks of robots, sensors, and users
4.3 Opportunities
4.3.1 Untapped market
4.3.2 Labor Shortage
4.3.3 Applications in various industries
5 Geographic Analysis
5.1 Overview of Global market
5.2 North America
5.3 Europe
5.4 Asia
5.5 Rest of the World
5.5.1 Israel
6 Key Robotic Components
6.1 Microcontrollers
6.2 Software
6.3 Sensors
6.4 Actuators
6.5 Manipulator
6.6 Power supply and backup
6.7 Mobile platforms
7 Types of service Robots
7.1 Professional Service Robots
7.1.1 Field Robots
7.1.1.1 Agriculture and Forestry
7.1.1.2 Applications of Robots in Agriculture
7.1.1.3 Harvesting robots
7.1.1.4 Milking robots
7.1.1.5 Mining Robots
7.1.1.6 Space robots
7.1.2 Inspection and maintenance systems
7.1.2.1 Facilities, Plants
7.1.2.2 Tank, tubes and pipes and sewer
7.1.3 Construction and demolition
7.1.3.1 Demolition & Dismantling
7.1.3.2 Construction support and maintenance
7.1.4 Logistic Systems
7.1.5 Medical Robotics:
7.1.6 Defense, Rescue and security applications
7.1.6.1 Demining Robots
7.1.6.2 Fire and bomb fighting robots
7.1.6.3 Unmanned aerial and ground based vehicles
7.1.7 Underwater Systems
7.2 Personal Service Robots
7.2.1 Robots for domestic Task
7.2.1.1 Vacuuming
7.2.1.2 Lawn Mowing
7.2.1.3 Pool Cleaning
7.2.1.4 Pet Robots
7.2.1.5 Ironing Clothes robot
7.2.2 Entertainment Robots
7.2.3 Handicap Assistance
7.3 Home Security and Surveillance Robots
8 New Developments
8.1 Development of standard computer operating system
8.2 Fuel-cell technology
8.3 Nanorobotics
8.4 Reconfigurable Robots

To register your participation, please click here
http://www.marketsandmarkets.com/AnalystBriefing/service-robotics.asp

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