Research and Markets has announced the addition of the "Service Robotics Market Analysis - With Forecast (2016-2021)" report to their offering.

Robots that are used to carry out tasks that are not related to industrial automation and manufacturing are called service robots. These robots can be personal service robots that can be used to perform tasks such as cleaning of homes, pools, mowing of lawns, among several others. Robots can also be used for the purpose of education or for providing the service of assisted living to those in need of it. Robotic pets are another segment that has been gaining popularity in certain countries across the globe. The use of robots for entertainment is also slowly picking up pace.

Professional robots constitute the other type of robots that fall under the broad segment of service robotics. These robots are used in a myriad of applications ranging from agriculture and defense to logistics and construction and demolition, among several more. The penetration as well as the demand for automation in our daily lives is a major factor driving the growth of the service robotics market.

Countries like Japan and the U.S. have seen significant growth in the field of service robotics over the last couple of years. The increase in the ageing population in Japan is driving the need for robotics in assisted living, as people tend to prefer to live alone, rather than staying in old age homes. There is also a lack of availability of skilled labor and robots seem to be a better choice is some cases. There is a considerable amount of research and development being conducted across the globe, which is expected to bring down the high costs associated with robots. Apart from high costs, the safety of the humans in close proximity to such robots is expected to hinder the growth of this market. Another major challenge is to be able to specifically program robots to perform appropriate tasks in every possible situation.

Companies Mentioned:

  • GeckoSystems International Corp.
  • iRobot Corporation
  • SeaRobotics Corporation
  • RedZone Robotics
  • Intuitive Surgical, Inc.
  • Honda Motor Co. Ltd.
  • Panasonic Corporation
  • Aethon Inc.
  • Yujin Robot Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • AB Electrolux
  • Robert Bosch GmbH
  • Others

Key Topics Covered:

1. Market Overview

2. Executive Summary

3. Market Landscape

4. Market Forces

5. Strategic Analysis

6. Service Robotics Market - By Component:

7. Service Robotics Market - By Application:

8. Service Robotics Market - By Geography:

9. Market Entropy

10. Company Profiles

11. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/3qv7nl/service_robotics