Product Code: MCP22647
Abstract:
Global Professional Service Robots Market to Reach $164.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Professional Service Robots estimated at US$16.8 Billion in the year 2020, is projected to reach a revised size of US$164.9 Billion by 2027, growing at a CAGR of 38.5% over the analysis period 2020-2027. Logistics, one of the segments analyzed in the report, is projected to record a 38.3% CAGR and reach US$71.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Healthcare segment is readjusted to a revised 40.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.1 Billion, While China is Forecast to Grow at 37.2% CAGR
The Professional Service Robots market in the U.S. is estimated at US$5.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$27.7 Billion by the year 2027 trailing a CAGR of 37.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 34.7% and 33.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 27.2% CAGR.
Military & Defense Segment to Record 39.2% CAGR
In the global Military & Defense segment, USA, Canada, Japan, China and Europe will drive the 39.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.2 Billion in the year 2020 will reach a projected size of US$11.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$20 Billion by the year 2027.
Select Competitors (Total 34 Featured) -
- AB Electrolux
- Aethon Inc.
- Argo Robotics
- Boston Dynamics
- Cyberdyne Inc.
- Daifuku Co. Ltd.
- Elbit Systems Ltd.
- GeckoSystems Intl. Corp.
- iRobot Corporation
- Kuka AG
- Northrop Grumman Corporation
- Robert Bosch GmbH
- Softbank Robotics Group
- Yujin Robot Co., Ltd
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Current & Future Analysis for Professional Service Robots by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- TABLE 2: World 7-Year Perspective for Professional Service Robots by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
- TABLE 3: World Current & Future Analysis for Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- TABLE 4: World 7-Year Perspective for Logistics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 5: World Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- TABLE 6: World 7-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 7: World Current & Future Analysis for Military & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- TABLE 8: World 7-Year Perspective for Military & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 9: World Current & Future Analysis for Inspection & Maintenance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- TABLE 10: World 7-Year Perspective for Inspection & Maintenance by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 11: World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- TABLE 12: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
- UNITED STATES
- TABLE 13: USA Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 14: USA 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- CANADA
- TABLE 15: Canada Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 16: Canada 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- JAPAN
- TABLE 17: Japan Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 18: Japan 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- CHINA
- TABLE 19: China Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 20: China 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- EUROPE
- TABLE 21: Europe Current & Future Analysis for Professional Service Robots by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- TABLE 22: Europe 7-Year Perspective for Professional Service Robots by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
- TABLE 23: Europe Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 24: Europe 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- FRANCE
- TABLE 25: France Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 26: France 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- GERMANY
- TABLE 27: Germany Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 28: Germany 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- ITALY
- TABLE 29: Italy Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 30: Italy 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- UNITED KINGDOM
- TABLE 31: UK Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 32: UK 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- REST OF EUROPE
- TABLE 33: Rest of Europe Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 34: Rest of Europe 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- ASIA-PACIFIC
- TABLE 35: Asia-Pacific Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 36: Asia-Pacific 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
- REST OF WORLD
- TABLE 37: Rest of World Current & Future Analysis for Professional Service Robots by Application - Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- TABLE 38: Rest of World 7-Year Perspective for Professional Service Robots by Application - Percentage Breakdown of Value Sales for Logistics, Healthcare, Military & Defense, Inspection & Maintenance and Other Applications for the Years 2020 & 2027
IV. COMPETITION
- Total Companies Profiled: 34
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