Overview and Scope
Professional service robots refer to a robot that is used in a professional setting outside of the usual manufacturing floor scenario. They are comparable to industrial robots that are typically used in hazardous, demanding, menial, or repetitive tasks where automation technology surpasses manual labour.
Sizing and Forecast
The professional service robots market size has grown exponentially in recent years. It will grow from $46.2 billion in 2024 to $64.29 billion in 2024 at a compound annual growth rate (CAGR) of 39.1%. The growth in the historic period can be attributed to labor shortages, industry-specific solutions, cost reduction, aging population, safety and efficiency..
The professional service robots market size is expected to see exponential growth in the next few years. It will grow to $244.91 billion in 2028 at a compound annual growth rate (CAGR) of 39.7%. The growth in the forecast period can be attributed to ai advancements, healthcare innovation, logistics and warehousing, collaborative robots (cobots), autonomous vehicles.. Major trends in the forecast period include customization and adaptability, regulatory adaptation, personal assistance robots, remote operations and monitoring, agricultural robotics..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/professional-service-robots-global-market-report
Segmentation & Regional Insights
The professional service robots market covered in this report is segmented –
1) By Type: UAV, Unmanned Ground Based Vehicles, Demining Robots, Defense Robot, Construction Robots, Other Types
2) By Offering: Hardware, Software
3) By Application: Oil And Gas, Construction And Building, Mining And Metallurgical, Defense And Military, Automotive, Medical, Logistics, Other Applications
4) By End-use: Residetial, Commercial, Industrial
Top 5 Major Players:
- Northrop Grumman Corporation
- Boston Dynamics Inc.
- Daifuku Co. Ltd.
- Aethon Inc.
- Electrolux AB
North America was the largest region in the professional service robots market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the professional service robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8302&type=smp
Major Driver Impacting Market Growth
Increasing demand for automation across industries is expected to propel the growth of the professional service robot market going forward. Automation refers to technological applications in which human input is minimal. This encompasses information technology (IT), business process automation (BPA), automation, and personal applications such as home automation. Automation is becoming more common across various industries because it brings benefits such as enhanced production rates and productivity, more efficient use of materials, improved safety, shorter workweeks for labor, better product quality, and shorter manufacturing lead times. For instance, in June 2021, according to Bank of America analysis, a US-based investment bank and financial services holding company, domestic software firms that employ over 16 million are set to slash headcount by 3 million by 2022, which would help them save $100 billion. Roughly 0.7 million roles are likely to be replaced by Robotic Process Automation(RPA) alone, with the remainder attributable to other technical upgrades and upskilling by local IT players, while RPA will have the greatest impact in the US. Therefore, increasing demand for automation across industries drives the professional service robot market.
Key Industry Players
Major companies operating in the professional service robots market report are Northrop Grumman Corporation, Boston Dynamics Inc., Daifuku Co. Ltd., Aethon Inc., Electrolux AB, Kuka AG, iRobot Corporation, Robert Bosch GMBH, Elbit Systems Ltd., Gecko Systems International Corporation, Yujin Robot Co. Ltd., Cyberdyne Inc., Ontario Drive & Gear Ltd., Softbank Robotics Group, Ryonic Robotics, Brokk AB, Husqvarna Group, Beijing Borui Intelligent Control Technology, Honeybee Robotics LLC, Pure Technologies Ltd., Hanool Robotics Crop., Diakont, Conjet AB, TopTec Spezialmaschinen GmbH, ULC Robotics International Limited, Giant Hydraulic Tech Co. Ltd., Intuitive Surgical Inc., JD.com Inc., Samsung Electronics Co. Ltd., SZ DJI Technology Co. Ltd., Kongsberg Maritime AS, DeLaval International AB, Exyn Technologies, XAG Co Ltd., Diligent Corporation
The professional service robots market report table of contents includes:
1. Executive Summary
2. Professional Service Robots Market Characteristics
3. Professional Service Robots Market Trends And Strategies
4. Professional Service Robots Market – Macro Economic Scenario
5. Global Professional Service Robots Market Size and Growth
……
31. Global Professional Service Robots Market Competitive Benchmarking
32. Global Professional Service Robots Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Professional Service Robots Market
34. Professional Service Robots Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Professional Service Robots Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Professional Service Robots Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Professional Service Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 75: Northrop Grumman Corporation Financial Performance
Table 76: Boston Dynamics Inc. Financial Performance
Table 77: Daifuku Co. Ltd. Financial Performance
Table 78: Aethon Inc. Financial Performance
Table 79: Electrolux AB Financial Performance
Explore the trending research reports from TBRC:
https://topprnews.com/display-calibration-management-tools-market-report/
https://topprnews.com/education-erp-market-share/
https://goodprnews.com/display-calibration-management-tools-market-size/
https://goodprnews.com/education-erp-market-share/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
