Global social robots market will reach $10,998.3 million by 2031, growing by 21.8% annually over 2021-2031, driven by the increasing requirement for automation and digitalization, the significant adoption of robots in the healthcare industry and public services, rapid technological advancements in artificial intelligence (AI), and the growing R&D investment including government supporting initiatives.
Highlighted with 80 tables and 74 figures, this 165-page report “Global Social Robots Market 2021-2031 by Component (Hardware, Software, Services), Technology (ML, NLP, Computer Vision, Context Awareness, Others), Industry Vertical (Healthcare, Education, Media and Entertainment, Retail, BFSI, Others), and Region: Trend Forecast and Growth Opportunity” is based on acomprehensive research of the entire global social robots market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global social robots market in every aspect of the classification from perspectives of Component, Technology, Industry Vertical, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hardware
• Software
• Services
o Managed Services
o Professional Services
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Machine Learning (ML)
• Natural Language Processing (NLP)
• Computer Vision
• Context Awareness
• Other Technologies
By Industry Verticals, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Healthcare
• Education
• Media and Entertainment
• Retail Industry
• BFSI
• IT and Communication
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Component, Technology, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
AlterG Inc.
Amy Robotics Co., Ltd.
AoBo Information Technology Co., Ltd.
Bionik Laboratories Corp.
Blue Frog Robotics SAS
Blue Ocean Robotics ApS
BotsAndUs Ltd.
Camanio AB
Double Robotics Inc.
Embodied Inc.
Furhat Robotics AB
Haapie SAS
Hanson Robotics Ltd.
Inrobics Social Robotics SLL
Intuition Robotics Ltd.
Kinova Inc.
Knightscope Inc.
KOMPAI Robotics
Matia Robotics (US) Inc.
Motorika USA Inc.
MoviaRobotics Inc.
OhmniLabs Inc.
Reach Robotics Limited
SoftBank Group Corp.
Sony Group Corporation
SZ DJI Technology Co., Ltd.
UBTECH Robotics, Inc.
Wonder Workshop Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35
3 Segmentation of Global Market by Component 39
3.1 Market Overview by Component 39
3.2 Hardware 41
3.3 Software 42
3.4 Services 43
3.4.1 Managed Services 44
3.4.2 Professional Services 45
4 Segmentation of Global Market by Technology 46
4.1 Market Overview by Technology 46
4.2 Machine Learning (ML) 48
4.3 Natural Language Processing (NLP) 49
4.4 Computer Vision 50
4.5 Context Awareness 51
4.6 Other Technologies 52
5 Segmentation of Global Market by Industry Vertical 53
5.1 Market Overview by Industry Vertical 53
5.2 Healthcare 55
5.3 Education 56
5.4 Media and Entertainment 57
5.5 Retail Industry 58
5.6 BFSI 59
5.7 IT and Communication 60
5.8 Other Industry Verticals 61
6 Segmentation of Global Market by Region 62
6.1 Geographic Market Overview 2021-2031 62
6.2 North America Market 2021-2031 by Country 66
6.2.1 Overview of North America Market 66
6.2.2 U.S. 70
6.2.3 Canada 73
6.2.4 Mexico 75
6.3 European Market 2021-2031 by Country 77
6.3.1 Overview of European Market 77
6.3.2 Germany 81
6.3.3 U.K. 83
6.3.4 France 85
6.3.5 Spain 87
6.3.6 Italy 89
6.3.7 Netherlands 91
6.3.8 Rest of European Market 93
6.4 Asia-Pacific Market 2021-2031 by Country 95
6.4.1 Overview of Asia-Pacific Market 95
6.4.2 Japan 99
6.4.3 China 102
6.4.4 Australia 104
6.4.5 India 106
6.4.6 South Korea 108
6.4.7 Rest of APAC Region 110
6.5 South America Market 2021-2031 by Country 112
6.5.1 Argentina 115
6.5.2 Brazil 117
6.5.3 Chile 119
6.5.4 Rest of South America Market 121
6.6 MEA Market 2021-2031 by Country 122
6.6.1 UAE 125
6.6.2 Saudi Arabia 127
6.6.3 South Africa 129
6.6.4 Other National Markets 131
7 Competitive Landscape 132
7.1 Overview of Key Vendors 132
7.2 New Product Launch, Partnership, Investment, and M&A 135
7.3 Company Profiles 136
AlterG Inc. 136
Amy Robotics Co., Ltd. 138
AoBo Information Technology Co., Ltd. 139
Bionik Laboratories Corp. 140
Blue Frog Robotics SAS 141
Blue Ocean Robotics ApS 142
BotsAndUs Ltd. 143
Camanio AB 144
Double Robotics Inc. 145
Embodied Inc. 146
Furhat Robotics AB 147
Haapie SAS 148
Hanson Robotics Ltd. 149
Inrobics Social Robotics SLL 150
Intuition Robotics Ltd. 151
Kinova Inc. 152
Knightscope Inc. 153
KOMPAI Robotics 154
Matia Robotics (US) Inc. 155
Motorika USA Inc. 156
MoviaRobotics Inc. 157
OhmniLabs Inc. 158
Reach Robotics Limited 159
SoftBank Group Corp. 160
Sony Group Corporation 161
SZ DJI Technology Co., Ltd. 162
UBTECH Robotics, Inc. 163
Wonder Workshop Inc. 164
RELATED REPORTS 165
This research study incorporates the usage of extensive secondary sources, directories, and databases such as Hoovers, Factiva, Bloomberg Business week, and OneSource to identify and collect information useful for the technical, market-oriented, and commercial study of the Rehabilitation Robots Market. In-depth interviews were conducted with various primary respondents that include key industry participants, C-level executives of the key market players, subject matter experts (SMEs), and industry consultants to obtain and verify critical quantitative and qualitative information, as well as to assess the future market prospects. Secondary research was conducted to obtain key information about the industry’s supply chain, market’s value chain, key players, geographic markets, and key developments across market and technology-oriented perspectives. Trade analysis was conducted to analyze the import and export data of key countries and regions from various government and paid databases.
Top-down and bottom-up approaches are used to validate the Rehabilitation Robots Market size and estimate the market size for company, regions segments, product segments and sales channel.
Market estimations in this report are based on the marketed sale price of Rehabilitation Robots (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). The market share, percentage splits, and breakdowns of the product type segments are derived based on weightages assigned to each of the segments on the basis of their utilization rate and average sale price (ASP). The regional splits of the overall Rehabilitation Robots Market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Companies in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews and discussions of industry experts and key opinion leaders, such as CEOs, directors, and marketing executives. The market share, percentage splits, growth rate and breakdowns of the product types are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been viewed in detail, verified through primary research, and analyzed to get the final qualitative and quantitative data. The market size for top-level markets and sub-segments is normalized. Effect of inflation, regulatory & policy changes, economic downturns, or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from SDMR and presented in this report.
After complete market engineering with calculations for market statistics and market forecasting, extensive primary research was conducted to gather information, verify, and validate the critical numbers arrived at. Both top-down and bottom-up approaches were used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub segments listed in this report. Extensive qualitative and quantitative analysis was also done from all the data arrived at in the complete market engineering process.
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and Trading Economics, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS (American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful to study the technical, market-oriented, and commercial aspects of the Rehabilitation Robots Market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
