Oct 10 2014
Research and Markets has announced the addition of the "Global Service Robot Market 2014-2018" report to their offering.
One of the major trends in the market is the availability of service robots on lease. Several vendors have begun to offer service robots, especially professional robots, on lease because of the high prices of these robots. This allows cost-driven organizations to obtain the latest technology service robots at minimal cost and improve productivity.
According to the report, one of the major drivers in the market is increased demand for professional robots for medical applications. The acceptance of service robots for surgical applications has improved their usage, particularly in minimally invasive surgeries as they reduce scarring and allow remote access. Service robots are used in various surgeries such as gastrointestinal and gynecological surgery, and urology, gall bladder, and prostate removal surgery.
Further, the report states that one of the main challenges in this market is the lack of effective product differentiation. Several service robot vendors offer similar products at competitive prices, which creates intense competition among vendors and forces them to reduce their product prices to increase their market share.
Based on the application, the Global Service Robot market can be segmented into two divisions - Personal/Domestic Robots and Professional Robots.
Personal/domestic robot is further classified into Household and Entertainment segment
Professional robot is classified into Defense, Field, Logistics, Medical, Construction, Mobile Platform, Cleaning, Inspection, and Underwater segments.
Key Vendors
- GeckoSystem
- Honda Motor
- iRobot
- Toyota Motor
Source: http://www.researchandmarkets.com/