Technavio presents an in-depth study of the global professional service robotics market and segmentation with respect to application (defense, rescue, safety, and aerospace application, field application, logistics application, healthcare application, and others) and geography (the Americas, EMEA, and APAC). The top companies evaluated in the report are Northrop Grumman and Daifuku.
Technavio has released updated information on the robotics market, with the publication of its new market research report, global professional service robotics market. The professional service robotics market is expected to grow at a CAGR of 16% between 2015 and 2019. EMEA is the largest revenue contributor to the global professional service robotics market, accounting for around 42% of the total market share. Much of this region’s growth comes from the strong demand from the field robots segment especially the milking robots.
“There have been numerous technological advancements in the field of robotics that have made the adoption of robots easy, viable, and beneficial. For instance, there has been a lot of innovations and improvements in the Internet of things, automation, M2M communications, and cloud. The modern robotic manufacturers are trying to take advantage of these technologies as a communication medium between the robots and humans, thus increasing the convenience as well as the transfer of real-time information within the business entity seamlessly,” says Navin Rajendra, Industry Manager, Industrial Automation, Technavio Research.
The defense application segment was the largest contributor to the growth of the global professional service robotics market with more than 44% share of the overall shipments in 2014. The demand for UGV and UAV for surveillance and safeguarding lives of personnel from ammunition, landmines, and bombs is expected to drive the demand for robotics.
The leading vendors in the global professional service robotics market include Northrop Grumman and Daifuku. The entry of many new vendors with high technological capabilities is elevating the competition in the global professional service robotics market, however, large international vendors dominate the market in terms of quality, durability, reliability, and technological innovations.
A more detailed analysis is available in the Technavio report Global Professional Service Robotics Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
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- Global Healthcare Robotics Market 2015-2019
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- Global Welding Robots Market 2014-2018
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