Service Robotics Market by Operating Environment (Aerial, Ground, Marine), Application (Professional, Personal), and Geography (North America, Europe, Asia-Pacific, and Row) - Global Forecast to 2022

 Published On: Jan, 2017 |    No of Pages: 173 |  Published By: MarketsandMarkets | Format: PDF
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Global service robotics market expected to grow at a significant rate

The global service robotics market is expected to grow at a CAGR of 15.18% between 2016 and 2022 to reach USD 23.90 billion by 2022. The increasing usage of robots across warehouse automation applications, medical & healthcare sectors, and education & research institutes and short- to medium-term payback period are some of the major factors driving the growth of the service robotics market worldwide. However, the growth of the market is expected to be hindered by high costs required for R&D, performance in untested environment and lack of high-level interfacing.

Ground-based service robots held the largest market share in 2015

Ground-based service robots are currently most widely used across various applications, including logistics, medical, field robotics, milking robots, domestic tasks, and education and entertainment. The growing usage of AGVs and other service robots for automating the warehouses is key driving factor for the growth of service robots across logistics application vertical. However, among various end-user applications of ground-based service robots, the market for inspection and maintenance service robots is estimated to grow at highest growth rate during the forecasted period.

Europe and North America to hold the major markets for service robots

The European region currently holds the major share of the global service robotics market and is among the most favorable market for many leading service robotic systems’ manufacturers, especially for professional service robots. The European region is expected to witness a steady demand for service robots from several applications such as defense, rescue and security, and domestic tasks such as vacuum cleaners during the forecast period despite the political uncertainties in the Eastern European region. Furthermore, strong demand from logistics, telepresence, and inspection and maintenance robots sectors is expected to be the key driver for the growth of European service robotics market.

In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews have been conducted with key people in the service robotics marketspace. The break-up of primary participants for the report has been shown below:

• By Company Type: Tier 1– 50%, Tier 2 – 30%, and Tier 3 – 20%
• By Designation: C-level Executives – 70%, Directors – 20%, and Others – 10%
• By Region: Americas – 40%, Europe – 35%, Asia-Pacific – 15%, and RoW – 10%

The report profiles the key players in the service robotics market with their respective market rank analysis. The prominent players profiled in this report are Northrop Grumman Corporation (U.S.), KUKA AG (Germany), iRobot Corporation (U.S.), Kongsberg Maritime AS (Norway), DJI (China), Intuitive Surgical, Inc. (U.S.), Parrot SA (France), GeckoSystems  Intl. Corp. (U.S.), Honda Motor Co. Ltd. (Japan), Adept Technology, Inc. (U.S.), Bluefin Robotics- now wholly owned subsidiary of General Dynamics Mission Systems, Inc. (U.S.), ECA Group (France), Aethon Inc. (U.S.), DeLaval International AB (Sweden), and Lely Holding S.a.r.l. (Netherlands).

Research Coverage:

This research report categorizes the global service robotics market on the basis of operating environment, application, and region. The report describes market dynamics that include key drivers, restraints, challenges, and opportunities with respect to service robotics market and forecast the same till 2022. The Porter’s five forces analysis has also been included in the report with a description of each of its forces and its respective impact on the service robotics market.

The report would help leaders/new entrants in this market in the following ways:

1. This report segments the service robotics market comprehensively and provides the closest market size projection for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.
TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.2 SECONDARY DATA 19
2.2.1.1 List of secondary sources 19
2.2.1.2 Key data from secondary sources 20
2.3 PRIMARY DATA 20
2.3.1.1 Primary interviews with experts 20
2.3.1.2 Breakdown of primaries 21
2.3.1.3 Key data from primary sources 21
2.4 SECONDARY AND PRIMARY RESEARCH 22
2.4.1.1 Key industry insights 23
2.5 VALUE CHAIN ANALYSIS 23
2.6 MARKET SIZE ESTIMATION 24
2.6.1 BOTTOM-UP APPROACH 25
2.6.1.1 Approach for capturing the market share by bottom-up analysis (demand side) 25
2.6.2 TOP-DOWN APPROACH 26
2.6.2.1 Approach for capturing the market share by top-down analysis (supply side) 26
2.7 MARKET BREAKDOWN & DATA TRIANGULATION 27
2.8 RESEARCH ASSUMPTIONS 28

3 EXECUTIVE SUMMARY 29

4 PREMIUM INSIGHTS 34
4.1 OPPORTUNITIES FOR THE SERVICE ROBOTICS MARKET 34
4.2 SERVICE ROBOTICS MARKET, BY OPERATING ENVIRONMENT 34
4.3 SERVICE ROBOTICS MARKET, BY REGION AND APPLICATION 35
4.4 SERVICE ROBOTICS MARKET, BY COUNTRY 35
4.5 SERVICE ROBOTICS MARKET, BY REGION (2015, 2016, AND 2022) 36

5 MARKET OVERVIEW 37
5.1 INTRODUCTION 38
5.2 EVOLUTION 38
5.2.1 PRE-1950:BEGINNING OF ROBOTICS 39
5.2.2 1950–1970: INTRODUCTION OF MOBILE ROBOTS 39
5.2.3 1970–1990: DEVELOPMENTS IN SERVICE ROBOTICS 39
5.2.4 1990–2010: FURTHER EXPLORATIONS 39
5.3 MARKET SEGMENTATION 40
5.3.1 MARKET, BY OPERATING ENVIRONMENT 40
5.3.2 MARKET, BY APPLICATION 40
5.3.3 MARKET, BY GEOGRAPHY 40
5.4 MARKET DYNAMICS 42
5.4.1 DRIVERS 43
5.4.1.1 Short- to medium-term payback period and high return on investment (ROI) 43
5.4.1.2 Increasing usage of robots in several sectors such as education & research, telepresence; defense, rescue & security, among others 43
5.4.1.3 Rising demand for mobile-robotic solutions in warehouse automation and logistics sector 44
5.4.1.4 High demand from the medical and healthcare sector 46
5.4.2 RESTRAINTS 46
5.4.2.1 High initial costs and R&D expenses 46
5.4.2.2 Performance in untested environment and lack of high level interfacing 46
5.4.3 OPPORTUNITIES 47
5.4.3.1 Growing demand for drones from military and non-military applications 47
5.4.3.2 Increase in aging population would encourage rehabilitation of robots 49
5.4.3.3 Growth potential across developing nations 50
5.4.3.4 Persistent requirement of technologically advanced service robots, especially for defense, rescue and security verticals 50
5.4.4 CHALLENGES 50
5.4.4.1 Safe operations while working along with humans 50
5.4.4.2 Longer time to commercialize the robots 51

6 INDUSTRY TRENDS 52
6.1 INTRODUCTION 52
6.2 VALUE CHAIN ANALYSIS 52
6.3 INDUSTRY TRENDS 54
6.4 PORTER’S FIVE FORCES ANALYSIS 54
6.4.1 THREATS OF NEW ENTRANTS 56
6.4.2 THREATS OF SUBSTITUTES 57
6.4.3 BARGAINING POWER OF BUYERS 58
6.4.4 BARGAINING POWER OF SUPPLIERS 59
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 60

7 SERVICE ROBOTICS MARKET, BY OPERATING ENVIRONMENT 61
7.1 INTRODUCTION 62
7.2 AERIAL 63
7.3 GROUND BASED 64
7.4 MARINE 65

8 SERVICE ROBOTICS MARKET, BY APPLICATION 67
8.1 INTRODUCTION 68
8.2 PROFESSIONAL APPLICATION 69
8.2.1 DEFENSE, RESCUE, & SECURITY 71
8.2.1.1 Demining 72
8.2.1.2 Fire & bomb fighting 72
8.2.1.3 Unmanned aerial vehicles 72
8.2.1.4 Others (surveillance & security) 73
8.2.2 FIELD TASKS 73
8.2.2.1 Milking 74
8.2.2.2 Agriculture 74
8.2.2.3 Forestry 75
8.2.3 MEDICAL 75
8.2.4 MARINE 76
8.2.5 LOGISTICS 77
8.2.6 TELEPRESENCE ROBOT 78
8.2.7 INSPECTION & MAINTENANCE 79
8.2.8 OTHER PROFESSIONAL SERVICE APPLICATIONS 80
8.3 PERSONAL APPLICATION 82
8.3.1 DOMESTIC TASKS 83
8.3.1.1 Vacuuming & floor cleaning 84
8.3.1.2 Lawn mowing 84
8.3.1.3 Pool cleaning 85
8.3.1.4 Window & gutter cleaning 85
8.3.2 ENTERTAINMENT 85
8.3.2.1 Smart toys 86
8.3.2.2 Robotic pets 86
8.3.3 EDUCATION, RESEARCH, & HOBBYIST 87
8.3.4 OTHER PERSONAL SERVICE APPLICATIONS 88

9 GEOGRAPHIC ANALYSIS 89
9.1 INTRODUCTION 90
9.2 NORTH AMERICA 92
9.2.1 THE U.S. 94
9.2.2 CANADA 94
9.2.3 MEXICO 94
9.3 EUROPE 97
9.3.1 U.K. 99
9.3.2 GERMANY 99
9.3.3 FRANCE 99
9.3.4 REST OF EUROPE 99
9.4 ASIA-PACIFIC 103
9.4.1 JAPAN 105
9.4.2 CHINA 105
9.4.3 INDIA 105
9.4.4 SOUTH KOREA 106
9.5 REST OF THE WORLD (ROW) 109
9.5.1 MIDDLE EAST & AFRICA 109
9.5.2 SOUTH AMERICA 110

10 COMPETITIVE LANDSCAPE 113
10.1 INTRODUCTION 113
10.2 RANKING ANALYSIS OF THE PLAYERS OPERATING IN THE SERVICE ROBOTICS MARKET 114
10.3 COMPETITIVE SITUATIONS AND TRENDS 115
10.4 NEW PRODUCT LAUNCHES 117
10.5 AGREEMENTS,PARTNERSHIPS AND COLLABORATIONS 118
10.6 EXPANSIONS 119
10.7 MERGERS & ACQUISITIONS 120

11 COMPANY PROFILES 121 (Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
11.1 NORTHROP GRUMMAN CORPORATION 121
11.2 KUKA AG 126
11.3 IROBOT CORPORATION 130
11.4 KONGSBERG MARITIME AS 133
11.5 DJI 136
11.6 INTUITIVE SURGICAL, INC. 140
11.7 PARROT SA 142
11.8 GECKOSYSTEMS INTL. CORP. 145
11.9 HONDA MOTOR CO., LTD. 147
11.10 ADEPT TECNOLOGY, INC. 149
11.11 BLUEFIN ROBOTICS 151
11.12 ECA GROUP 153
11.13 AETHON INC. 158
11.14 DELAVAL INTERNATIONAL AB 159
11.15 LELY HOLDING S.A.R.L. 160

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

12 APPENDIX 162
12.1 INSIGHTS OF INDUSTRY EXPERTS 162
12.2 DISCUSSION GUIDE 163
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 165
12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 167
12.5 AVAILABLE CUSTOMIZATIONS 169
12.6 RELATED REPORTS 170
12.7 AUTHOR DETAILS 171

LIST OF TABLES

TABLE 1 SERVICE ROBOTICS MARKET, BY OPERATING ENVIRONMENT, 2014–2020 (USD MILLION) 29
TABLE 2 SERVICE ROBOTICS MARKET, BY OPERATING ENVIRONMENT, 2014–2022 (USD MILLION) 63
TABLE 3 AERIAL SERVICE ROBOTICS MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 64
TABLE 4 GROUND-BASED SERVICE ROBOTICS MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 65
TABLE 5 MARINE SERVICE ROBOTICS MARKET, BY TYPE, 2014–2022 (USD MILLION) 66
TABLE 6 SERVICE ROBOTICS MARKET, BY APPLICATION, 2014–2022 (USD BILLION) 68
TABLE 7 SERVICE ROBOTICS MARKET, BY APPLICATION, 2014–2022 (THOUSAND UNITS) 69
TABLE 8 SERVICE ROBOTICS MARKET, BY PROFESSIONAL APPLICATION, 2014–2022 (USD MILLION) 70
TABLE 9 SERVICE ROBOTICS MARKET, BY PROFESSIONAL APPLICATION, 2014–2022 (UNITS) 70
TABLE 10 SERVICE ROBOTICS MARKET FOR PROFESSIONAL DEFENSE, RESCUE, & SECURITY APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 71
TABLE 11 SERVICE ROBOTICS MARKET FOR PROFESSIONAL DEFENSE, RESCUE & SECURITY APPLICATION, BY TYPE, 2014–2022 (UNITS) 72
TABLE 12 SERVICE ROBOTICS MARKET FOR PROFESSIONAL FIELD TASK APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 73
TABLE 13 SERVICE ROBOTICS MARKET FOR PROFESSIONAL FIELD TASK APPLICATION, BY TYPE, 2014–2022 (UNITS) 74
TABLE 14 SERVICE ROBOTICS MARKET FOR PROFESSIONAL MEDICAL APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 75
TABLE 15 SERVICE ROBOTICS MARKET FOR PROFESSIONAL MEDICAL APPLICATION, BY TYPE, 2014–2022 (UNITS) 75
TABLE 16 SERVICE ROBOTICS MARKET FOR PROFESSIONAL MARINE APPLICATION, BY TYPE,  2014–2022 (USD MILLION) 76
TABLE 17 SERVICE ROBOTICS MARKET FOR PROFESSIONAL MARINE APPLICATION, BY TYPE,  2014–2022 (UNITS) 77
TABLE 18 SERVICE ROBOTICS MARKET FOR PROFESSIONAL LOGISTICS APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 77
TABLE 19 SERVICE ROBOTICS MARKET FOR PROFESSIONAL LOGISTICS APPLICATION, BY TYPE, 2014–2022 (UNITS) 78
TABLE 20 SERVICE ROBOTICS MARKET FOR PROFESSIONAL TELEPRESENCE APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 78
TABLE 21 SERVICE ROBOTICS MARKET FOR PROFESSIONAL TELEPRESENCE APPLICATION, BY TYPE, 2014–2022 (UNITS) 79
TABLE 22 SERVICE ROBOTICS MARKET FOR PROFESSIONAL INSPECTION & MAINTENANCE APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 79
TABLE 23 SERVICE ROBOTICS MARKET FOR PROFESSIONAL INSPECTION & MAINTENANCE APPLICATION, BY TYPE, 2014–2022 (UNITS) 80
TABLE 24 SERVICE ROBOTICS MARKET FOR OTHER PROFESSIONAL APPLICATIONS, BY TYPE,  2014–2022 (USD MILLION) 81
TABLE 25 SERVICE ROBOTICS MARKET FOR OTHER PROFESSIONAL APPLICATIONS, BY TYPE,  2014–2022 (UNITS) 81
TABLE 26 SERVICE ROBOTICS MARKET FOR PERSONAL APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 82
TABLE 27 SERVICE ROBOTICS MARKET FOR PERSONAL APPLICATION, BY TYPE, 2014–2022 (THOUSAND UNITS) 83
TABLE 28 SERVICE ROBOTICS MARKET FOR PERSONAL DOMESTIC TASKS APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 83
TABLE 29 SERVICE ROBOTICS MARKET FOR PERSONAL DOMESTIC TASKS APPLICATION,  BY TYPE, 2014–2022 (THOUSAND UNITS) 84
TABLE 30 SERVICE ROBOTICS MARKET FOR PERSONAL ENTERTAINMENT APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 85
TABLE 31 SERVICE ROBOTICS MARKET FOR PERSONAL ENTERTAINMENT APPLICATION, BY TYPE, 2014–2022 (THOUSAND UNITS) 86
TABLE 32 SERVICE ROBOTICS MARKET FOR PERSONAL EDUCATION, RESEARCH, & HOBBYISTS APPLICATION, BY TYPE, 2014–2022 (USD MILLION) 87
TABLE 33 SERVICE ROBOTICS MARKET FOR EDUCATION, RESEARCH, & HOBBYIST APPLICATION, BY TYPE, 2014–2022 (THOUSAND UNITS) 87
TABLE 34 SERVICE ROBOTICS MARKET FOR OTHER PERSONAL APPLICATIONS, BY TYPE,  2014–2022 (USD MILLION) 88
TABLE 35 SERVICE ROBOTICS MARKET FOR OTHER PERSONAL APPLICATIONS, BY TYPE, 2014–2022 (THOUSAND UNITS) 88
TABLE 36 SERVICE ROBOTICS MARKET, BY REGION, 2014–2022 (USD MILLION) 90
TABLE 37 SERVICE ROBOTICS MARKET, BY REGION, 2014–2022 (THOUSAND UNITS) 91
TABLE 38 SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY COUNTRY, 2014–2022 (USD MILLION) 93
TABLE 39 SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY COUNTRY, 2014–2022 (THOUSAND UNITS) 93
TABLE 40 SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY PROFESSIONAL APPLICATION, 2014–2022 (USD MILLION) 94
TABLE 41 SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY PROFESSIONAL APPLICATION, 2014–2022 (UNITS) 95
TABLE 42 SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY PERSONAL APPLICATION,  2014–2022 (USD MILLION) 96
TABLE 43 SERVICE ROBOTICS MARKET IN NORTH AMERICA, BY PERSONAL APPLICATION, 2014–2022 (THOUSAND UNITS) 97
TABLE 44 SERVICE ROBOTICS MARKET IN EUROPE, BY COUNTRY, 2014–2022 (USD MILLION) 99
TABLE 45 SERVICE ROBOTICS MARKET IN EUROPE, BY COUNTRY, 2014–2022 (THOUSAND UNITS) 100
TABLE 46 SERVICE ROBOTICS MARKET IN EUROPE, BY PROFESSIONAL APPLICATION, 2014–2022 (USD MILLION) 101
TABLE 47 SERVICE ROBOTICS MARKET IN EUROPE, BY PROFESSIONAL APPLICATION, 2014–2022 (UNITS) 102
TABLE 48 SERVICE ROBOTICS MARKET IN EUROPE, BY PERSONAL APPLICATION, 2014–2022 (USD MILLION) 102
TABLE 49 SERVICE ROBOTICS MARKET IN EUROPE, BY PERSONAL APPLICATION (THOUSAND UNITS) 103
TABLE 50 SERVICE ROBOTICS MARKET IN ASIA-PACIFIC, BY COUNTRY, 2014–2022 (USD MILLION) 106
TABLE 51 SERVICE ROBOTICS MARKET IN ASIA-PACIFIC, BY COUNTRY, 2014–2022 (THOUSAND UNITS) 106
TABLE 52 SERVICE ROBOTICS MARKET IN ASIA-PACIFIC, BY PROFESSIONAL APPLICATION,  2014–2022 (USD MILLION) 107
TABLE 53 SERVICE ROBOTICS MARKET IN ASIA-PACIFIC, BY PROFESSIONAL APPLICATION,  2014–2022 (UNITS) 108
TABLE 54 SERVICE ROBOTICS MARKET IN ASIA-PACIFIC, BY PERSONAL APPLICATION, 2014–2022 (USD MILLION) 108
TABLE 55 SERVICE ROBOTICS MARKET IN ASIA-PACIFIC, BY PERSONAL APPLICATION, 2014–2022 (THOUSAND UNITS) 109
TABLE 56 SERVICE ROBOTICS MARKET IN ROW, BY REGION, 2014–2022 (USD MILLION) 110
TABLE 57 SERVICE ROBOTICS MARKET IN ROW, BY REGION, 2014–2022 (THOUSAND UNITS) 110
TABLE 58 SERVICE ROBOTICS MARKET IN ROW, BY PROFESSIONAL APPLICATION, 2014–2022 (USD MILLION) 111
TABLE 59 SERVICE ROBOTICS MARKET IN ROW, BY PROFESSIONAL APPLICATION, 2014–2022 (UNITS) 111
TABLE 60 SERVICE ROBOTICS MARKET IN ROW, BY PERSONAL APPLICATION, 2014–2022 (USD MILLION) 112
TABLE 61 SERVICE ROBOTICS MARKET IN ROW, BY PERSONAL APPLICATION, 2014–2022 (THOUSAND UNITS) 112
TABLE 62 SERVICE ROBOTICS MARKET RANKING ANALYSIS, BY KEY PLAYER, 2015  114
TABLE 63 NEW PRODUCT LAUNCHES, 2014–2016 117
TABLE 64 AGREEMENTS,PARTNERSHIPS AND COLLABORATIONS, 2014–2016 118
TABLE 65 EXPANSIONS, 2014–2016 119
TABLE 66 MERGERS & ACQUISITIONS, 2014–2016 120

LIST OF FIGURES

FIGURE 1 SERVICE ROBOTICS MARKET: RESEARCH DESIGN 18
FIGURE 2 VALUE CHAIN ANALYSIS 24
FIGURE 3 BOTTOM-UP APPROACH TO ARRIVE AT THE MARKET SIZE 25
FIGURE 4 TOP-DOWN APPROACH TO ARRIVE AT THE MARKET SIZE 26
FIGURE 5 DATA TRIANGULATION 27
FIGURE 6 ASSUMPTIONS OF THE RESEARCH STUDY 28
FIGURE 7 SERVICE ROBOTICS MARKET SNAPSHOT (2016 VS. 2022): PROFESSIONAL SERIVCE APPLICATION TO LEAD THE MARKET DURING THE FORECAST PERIOD 30
FIGURE 8 DOMESTIC TASKS SEGMENT TO HOLD THE LARGEST SIZE OF THE MARKET FOR PERSONAL SERVICE ROBOTS BETWEEN 2016 AND 2022 31
FIGURE 9 INSPECTION & MAINTENANCE ROBOTS TO WITNESS THE HIGHEST GROWTH DURING THE FORECAST PERIOD 32
FIGURE 10 GLOBAL SERVICE ROBOTICS MARKET, BY GEOGRAPHY, 2015 33
FIGURE 11 ATTRACTIVE OPPORTUNITIES FOR THE SERVICE ROBOTICS MARKET  DURING THE FORECAST PERIOD 34
FIGURE 12 GROUND-OPERATED ROBOTICS SEGMENT EXPECTED TO HOLD A MAJOR MARKET SIZE DURING THE FORECAST PERIOD 34
FIGURE 13 EUROPE HELD THE LARGEST SHARE OF THE SERVICE ROBOTICS MARKET IN 2015 35
FIGURE 14 SERVICE ROBOTICS MARKET IN CHINA AND INDIA IS LIKELY TO GROW SIGNIFICANTLY AT A HIGH RATE DURING THE FORECAST PERIOD 35
FIGURE 15 EUROPE EXPECTED TO CONTINUE TO HOLD A MAJOR MARKET SIZE BETWEEN 2016 AND 2022 36
FIGURE 16 SERVICE ROBOTICS EVOLUTION 38
FIGURE 17 SERVICE ROBOTICS MARKET, BY GEOGRAPHY 41
FIGURE 18 MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 42
FIGURE 19 GLOBAL MILITARY EXPENDITURE BY REGION, 2009–2014 (BILLION USD) 47
FIGURE 20 STATISTICS OF ELDERLY POPULATION AGAINST THE WORLD POPULATION, 2012–2020 (BILLION) 49
FIGURE 21 VALUE CHAIN ANALYSIS OF SERVICE ROBOTICS MARKET 53
FIGURE 22 SERVICE ROBOT MARKET: INDUSTRY TRENDS 54
FIGURE 23 PORTER’S FIVE FORCES ANALYSIS, 2015 55
FIGURE 24 PORTER’S FIVE FORCES ANALYSIS FOR SERVICE ROBOTICS MARKET 55
FIGURE 25 SERVICE ROBOTICS MARKET: THREATS OF NEW ENTRANTS 56
FIGURE 26 SERVICE ROBOTICS MARKET: THREAT OF SUBSTITUTES 57
FIGURE 27 SERVICE ROBOTICS MARKET: BARGAINING POWER OF BUYERS 58
FIGURE 28 SERVICE ROBOTICS MARKET: BARGAINING POWER OF SUPPLIERS 59
FIGURE 29 SERVICE ROBOTICS MARKET: INTENSITY OF COMPETITIVE RIVALRY 60
FIGURE 30 SERVICE ROBOTICS MARKET, BY OPERATING ENVIRONMENT 62
FIGURE 31 GROUND-BASED SERVICE ROBOTS EXPECTED TO HOLD A MAJOR MARKET SHARE DURING THE FORECAST PERIOD 62
FIGURE 32 AERIAL SERVICE ROBOTICS MARKET, BY APPLICATION 63
FIGURE 33 LOGISTICS APPLICATION SEGMENT HELD THE LARGEST MARKET SHARE AMONG GROUND-BASED SERVICE ROBOTICS MARKET IN 2015 64
FIGURE 34 MARINE SERVICE ROBOTICS MARKET, BY TYPE 66
FIGURE 35 SERVICE ROBOTICS MARKET, BY APPLICATION 68
FIGURE 36 MARKET FOR INSPECTION & MAINTENANCE SERVICE ROBOTICS TO GROW AT THE HIGHEST RATE BETWEEN 2016 AND 2022 69
FIGURE 37 SERVICE ROBOTICS MARKET FOR EDUCATION, RESEARCH, & HOBBYISTS EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD 82
FIGURE 38 SERVICE ROBOTICS MARKET, BY REGION, CAGR % (2016–2022) 90
FIGURE 39 NORTH AMERICA: SERVICE ROBOTICS MARKET SNAPSHOT, 2015 92
FIGURE 40 EUROPE: SERVICE ROBOTICS MARKET, 2015 98
FIGURE 41 ASIA-PACIFIC SERVICE ROBOTICS MARKET, 2015 104
FIGURE 42 COMPANIES MAJORLY ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY OVER THE LAST THREE YEARS (2014–2016) 113
FIGURE 43 MARKET EVOLUTION FRAMEWORK–NEW PRODUCT LAUNCHES FUELED THE MARKET GROWTH IN 2015 115
FIGURE 44 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES WAS THE KEY STRATEGY (2014–2016) 116
FIGURE 45 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT 121
FIGURE 46 NORTHROP GRUMMAN CORPORATION: SWOT ANALYSIS 125
FIGURE 47 KUKA AG: COMPANY SNAPSHOT 126
FIGURE 48 KUKA AG: SWOT ANALYSIS 129
FIGURE 49 IROBOT CORPORATION: COMPANY SNAPSHOT 130
FIGURE 50 IROBOT CORPORATION: SWOT ANALYSIS 132
FIGURE 51 KONGSBERG MARITIME AS: COMPANY SNAPSHOT 133
FIGURE 52 KONGSBERG MARITIME AS: SWOT ANALYSIS 135
FIGURE 53 DJI: SWOT ANALYSIS 139
FIGURE 54 INTUITIVE SURGICAL, INC.: COMPANY SNAPSHOT 140
FIGURE 55 PARROT SA: COMPANY SNAPSHOT 142
FIGURE 56 HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT 147
FIGURE 57 ADEPT TECHNOLOGY, INC.: COMPANY SNAPSHOT 149
FIGURE 58 ECA GROUP: COMPANY SNAPSHOT 153

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