Service Robotics Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034

February 2025 | 210 pages | ID: S46543AC1FCEEN
Global Market Insights

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The Global Service Robotics Market was valued at USD 36.1 billion in 2024 and is expected to grow at a CAGR of 17.1% from 2025 to 2034. Service robots are autonomous or semi-autonomous machines designed to perform specific tasks that assist humans across various sectors without the need for direct human intervention. These robots are increasingly being used in industries such as healthcare, hospitality, retail, and personal assistance.

The rise in demand for service robotics is driven by several factors, including labor shortages, increasing operational costs, and the need for automation in repetitive or hazardous tasks. Technological advancements in robotics and artificial intelligence have made robots more efficient, safer, and cost-effective, contributing to their widespread adoption. The aging global population is further driving the demand for robots, especially in healthcare and eldercare, where robots assist in patient care and daily activities. The ongoing trend toward automation, particularly in manufacturing and logistics, along with the impact of the COVID-19 pandemic, has further accelerated the adoption of service robots in various sectors.

The service robotics market is segmented into professional and personal robots. The professional robot segment, which includes robots used in commercial and industrial settings, is projected to exceed USD 135.74 billion by 2034. This segment is expanding rapidly due to the growing demand for automation in industries that require high precision and efficiency. Robots are being increasingly adopted in fields like healthcare, logistics, and workplace safety to perform tasks that range from surgery to hazardous environment operations.

The market is also divided based on mobility, into mobile robots and fixed robots. Fixed robots dominate the market and are expected to see a CAGR of 17.7% from 2025 to 2034. These robots are preferred in environments that require precision and stability, such as in healthcare laboratories, logistics, and research. Their popularity is rising as industries seek to improve efficiency, minimize errors, and enhance throughput in specialized tasks.

In North America, the U.S. holds a dominant share of 71.8% of the service robotics market. The growth of the service robotics sector in the U.S. is fueled by a need for automation across industries like logistics, healthcare, and manufacturing, as well as the increasing popularity of smart home robots. The country’s large e-commerce market is also driving demand for robots in warehouse and delivery operations. Additionally, government initiatives and significant investments from technology companies are further accelerating the development and deployment of service robots in various sectors.

CHAPTER 1 METHODOLOGY & SCOPE

1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
  1.4.1 Primary
  1.4.2 Secondary
    1.4.2.1 Paid sources
    1.4.2.2 Public sources

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Industry synopsis, 2021-2034

CHAPTER 3 INDUSTRY INSIGHTS

3.1 Industry ecosystem analysis
  3.1.1 Factor affecting the value chain
  3.1.2 Profit margin analysis
  3.1.3 Disruptions
  3.1.4 Future outlook
  3.1.5 Manufacturers
  3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.7 Growth drivers
    3.7.1.1 Increasing use of Internet of Things (IoT) in robots for cost-effective predictive maintenance
    3.7.1.2 Surge in demand for professional robots in healthcare
    3.7.1.3 Growing popularity of Robotics-as-a-Service (RaaS)
    3.7.1.4 Rise in the E-commerce & online food industry
    3.7.1.5 Increasing funding for research on robots
3.8 Industry pitfalls & challenges
    3.8.1.1 High initial investment costs
    3.8.1.2 Concerns over data privacy and regulations
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis

CHAPTER 4 COMPETITIVE LANDSCAPE, 2024

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

CHAPTER 5 MARKET ESTIMATES & FORECAST, BY COMPONENT, 2021-2034 (USD MILLION)

5.1 Key trends
5.2 Hardware
  5.2.1 Sensors (LiDAR, ultrasonic, infrared, vision sensors)
  5.2.2 Actuators and Motors
  5.2.3 Power Supply (batteries, fuel cells)
  5.2.4 Controllers and Processors (embedded systems)
  5.2.5 Manipulators (arms, grippers)
5.3 Software
5.4 Services
  5.4.1 Integration services
  5.4.2 Maintenance and repair services
  5.4.3 Training services

CHAPTER 6 MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2034 (USD MILLION)

6.1 Key trends
  6.1.1 Professional robot
    6.1.1.1 Medical robots
    6.1.1.2 Logistics and warehouse robots
      6.1.1.2.1 Autonomous Mobile Robots (AMRs)
      6.1.1.2.2 Automated Guided Vehicles (AGVs)
    6.1.1.3 Inspection and maintenance robots
    6.1.1.4 Others
  6.1.2 Personal robots
    6.1.2.1 Domestic robots
      6.1.2.1.1 Vacuum cleaning robots
      6.1.2.1.2 Lawn-Mowing robots
      6.1.2.1.3 Pool-Cleaning robots
    6.1.2.2 Entertainment robots
    6.1.2.3 Others

CHAPTER 7 MARKET ESTIMATES & FORECAST, BY MOBILITY, 2021-2034 (USD MILLION)

7.1 Key trends
7.2 Mobile robots
7.3 Fixed robots

CHAPTER 8 MARKET ESTIMATES & FORECAST, BY TECHNOLOGY, 2021-2034 (USD MILLION)

8.1 Key trends
8.2 Artificial Intelligence (AI)
8.3 Robotic Process Automation (RPA)
8.4 Computer vision
8.5 Voice and gesture recognition
8.6 Autonomous navigation

CHAPTER 9 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2034 (USD MILLION)

9.1 Key trends
9.2 Healthcare
  9.2.1 Surgical assistance
  9.2.2 Patient monitoring
  9.2.3 Rehabilitation
  9.2.4 Delivery (medicines, equipment within hospitals)
  9.2.5 Elderly assistance
9.3 Logistics and warehousing
  9.3.1 Material handling and transportation
  9.3.2 Goods sorting and packaging
  9.3.3 Autonomous drones for delivery
  9.3.4 Automated inventory management
9.4 Security and surveillance
9.5 Education and training
9.6 Others

CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2034 (USD MILLION)

10.1 Key trends
10.2 North America
  10.2.1 U.S.
  10.2.2 Canada
10.3 Europe
  10.3.1 UK
  10.3.2 Germany
  10.3.3 France
  10.3.4 Italy
  10.3.5 Spain
  10.3.6 Russia
10.4 Asia Pacific
  10.4.1 China
  10.4.2 India
  10.4.3 Japan
  10.4.4 South Korea
  10.4.5 Australia
10.5 Latin America
  10.5.1 Brazil
  10.5.2 Mexico
10.6 MEA
  10.6.1 South Africa
  10.6.2 Saudi Arabia
  10.6.3 UAE

CHAPTER 11 COMPANY PROFILES

11.1 ABB Robotics
11.2 Aethon
11.3 Blue Ocean Robotics
11.4 Boston Dynamics
11.5 Clearpath Robotics
11.6 Ecovacs Robotics
11.7 Fanuc Corporation
11.8 Festo
11.9 Intuitive Surgical
11.10 iRobot Corporation
11.11 Kiva Systems (Amazon Robotics)
11.12 KUKA Robotics
11.13 Locus Robotics
11.14 Neato Robotics
11.15 Omron Corporation
11.16 PAL Robotics
11.17 Rethink Robotics
11.18 Robomart
11.19 Robotics & Beyond
11.20 Savioke
11.21 Swisslog
11.22 Vecna Robotics
11.23 Xenex Disinfection Services
11.24 Yaskawa Electric Corporation


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