The global demand for Professional Services Robots Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX K Units in 2021 and forecast to touch XX K Units by 2028 with a CAGR of XX% during 2022-2028.
Professional service robots are installed in non-manufacturing operations to perform useful tasks for humans or equipment, excluding industrial automation applications. A properly trained operator usually operates it. Few examples of professional services robots are cleaning robots for public places, the delivery robot in offices or hospitals, fire-fighting robots, rehabilitation robots, and surgery robots in hospitals. They work in a quasi-structural environment created by humans for their purposes. Professional services robots have made their way in many industries and sectors, including defense, construction, agricultural, retail, healthcare, food production logistics, among others.
Market Dynamics
The global professional services robots market is estimated to witness tremendous growth in the coming years. Professional services robots are gaining robust popularity. It is among the fastest-growing segments of the robotics industry. The professional services robots market is projected to grow at a double-digit growth rate attributed to the factors such as increasing deployment of automated technology in the working environment, lack of a skilled workforce, increased investments in R&D, new advancement in 5G telecom services, and AI chips, and growing awareness about the benefits of using professional service robots. Professional service robots deliver improved usability, delivery of high quality and accurate services, reduced operational costs, reliability, and less or no scope for errors. However, some obstacles hinder the market growth of professional services robots, such as human safety concerns and high initial investments.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of professional services robots. The growth and trends of Professional Services Robots Industry provide a holistic approach to this study.
Market Segmentation
This section of the professional services robots market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Inspection Robots
- Defense Robots
- Construction Robots
- Agricultural Robots
- Customer service Robots
- Field Robots
- Exoskeleton Robots
- Humanoid Robots
- Medical Robots
- Logistics Robots
- Others
By Form Factor
- Land-based
- Water-based
- Wearable Robots
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Professional Services Robots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Professional Services Robots Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the professional services robots market include Northrop Grumman Corporation, Daifuku Co., Ltd., AB Electrolux, iRobot Corporation, Elbit Systems Ltd., Yujin Robot Co., Ltd, Gecko Systems International Corporation, Robert Bosch GMBH, Kuka AG, Aethon Inc. and Boston Dynamics, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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