Research Report: Europe Service Robots Market | Page 2

The Europe Service Robots Market is valued at USD XX. XX billion in 2016 and is expected to reach a value of USD XX. XX billion by the end of 2022, growing at a projected CAGR of XX. XX % during the forecast period of 2017 – 2022. Europe is one of the big markets for service robotics, which is increasing across many sectors that it can be used in. Service robots can be used in varied domains such as construction, healthcare, underwater systems defense, agriculture, etc. There are two types of service robots where one is known as a professional robot and the other type is called a personal robot. The professional robots are used for commercial work and the non-commercial ones are used for non-commercial work.
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Service robots is a classification of robots which are either semi or fully autonomous which can help the humans perform various tasks excluding operations in manufacturing. The autonomous robots can take their own decisions in real time and in unpredictable environments to perform specific tasks. Service robots are generally used for tasks which are dangerous, dull, dirty or dumb.
Europe is a leader in the service robotics market for field robotics, logistics and construction. The usage of robotics in this market is varied and is also used in professional cleaning. The military application of service robotics is nearly 40 % in the professional use of service robotics. In the defense, both manned and unmanned types of robots are used. In unmanned use, drones are very common. The use of drones has increased in the battlegrounds since a few years. They are being used for intelligence, surveillance and reconnaissance missions and have helped the soldiers on the ground and sitting far away to plan their next move. The German market is one of the big markets for robotics and is estimated to grow more in the period to come. Other markets like Spain, Italy and the UK will also grow to become major players in the service robotics market in the years to come.
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DRIVERS: 1. Increasing demand for these robots in defense sector 2. Focus towards research and development is leading to robots with more user-friendly features
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