As per MRFR Analysis, the service robotics market was valued at USD 29.67 billion in 2023 and is projected to grow from USD 34.12 billion in 2024 to USD 158.75 billion by 2035, with a CAGR of -4.02% from 2025 to 2035. Key drivers include the increasing acceptance of robots in various applications, the utilization of IoT for cost-efficient maintenance, and advancements in AI and 5G technologies. The market is expanding rapidly due to automation in sectors like healthcare, logistics, and customer service, with significant investments in R&D by major players.
The service robotics market is experiencing transformative growth driven by technological advancements and increasing demand across various sectors.
ABB, Intuitive Surgical, KUKA, SoftBank Robotics, Adept Technology, iRobot, Cyberdyne, Blue Ocean Robotics, Savioke, Honda, Teradyne, Yaskawa Electric, Fanuc, Nuro, Amazon Robotics
The Service Robotics Market is experiencing significant growth driven by advancements in technology, increased demand for automation, and a growing focus on enhancing efficiency across various sectors. One of the key market drivers is the rise in labor costs, prompting businesses to seek solutions that can reduce operational expenses while maintaining service quality. As labor shortages become more apparent globally, particularly in hospitality and healthcare, service robots are stepping in to fill gaps and ensure seamless service delivery. Opportunities in this market are expanding as various industries, including healthcare, retail, and logistics, seek to leverage automation for improved customer experiences and operational efficiency.
For example, the healthcare industry is using more and more robotic systems to help with surgeries, moving patients, and cleaning, which shows that they are moving toward more precise and safe care for patients. Retailers are also looking into how service robots could help with inventory management and customer service, which would make shopping better. There is a growing focus on human-robot collaboration, where service robots are made to work with people to boost productivity without taking away jobs. Also, new developments in machine learning and artificial intelligence are making these robots more powerful and able to do more difficult tasks better.
For instance, the healthcare sector is increasingly adopting robotic systems to assist in surgeries, patient transportation, and sanitation, reflecting a move towards precision and safety in patient care. Retailers are also exploring the potential of service robots for inventory management and customer assistance, tailing a better shopping experience. Recent trends show a growing emphasis on human-robot collaboration, where service robots are designed to work alongside human workers, enhancing productivity without replacing jobs. Additionally, innovations in artificial intelligence and machine learning are broadening the capabilities of these robots, enabling them to perform complex tasks more effectively.
Governments across the globe are supporting this technological shift, promoting policies and programs that facilitate the integration of robotics in various sectors, ultimately creating a conducive environment for the growth of the Service Robotics Market. This collaborative effort among industries and governments further underscores the potential for service robotics to revolutionize operational practices worldwide.
Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review
The Service Robotics Market Industry is experiencing a significant surge in demand for automation across various sectors such as healthcare, hospitality, and retail. The automation trend is primarily driven by the need for improved efficiency, cost reduction, and enhanced customer experiences. For example, according to reports from various government initiatives, automation has resulted in a productivity increase of approximately 20% in manufacturing industries globally.
Organizations like the International Federation of Robotics (IFR) have highlighted that the integration of robotics in service sectors helps in managing labor shortages and maintaining operational continuity. This trend is expected to contribute substantially to the market growth as organizations aim to leverage robotic solutions to streamline operations and optimize resource allocation.
Technological advancements play a pivotal role in enhancing the capabilities of service robots. The Service Robotics Market Industry benefits from innovations in artificial intelligence, machine learning, and sensor technologies that improve robots' functionality and adaptability. For instance, reports from technological councils indicate that advancements in AI technologies have improved robotic decision-making processes by over 30%, making them more efficient in dynamic environments.
Companies like Boston Dynamics are continually pushing the boundaries of what service robots can achieve, driving interest and investments in the sector. With evolving technologies, the cost of developing and deploying service robots is decreasing, making them an attractive option for businesses worldwide.
The global aging population is a crucial driver in the Service Robotics Market Industry, as many countries are witnessing an increase in the number of elderly individuals requiring assistance. Statistics indicate that the global population aged 65 and older is projected to increase from approximately 703 million in 2019 to a staggering 1.5 billion by 2050, as per World Health Organization data. This demographic shift places immense pressure on healthcare systems and necessitates innovative solutions.
As a result, service robots designed for elderly care are becoming paramount, enabling proactive monitoring and assistance, thereby improving quality of life. Companies like Intuition Robotics are developing solutions that cater to this demographic, positioning them strategically to capitalize on this trend.
The Service Robotics Market is a dynamic and evolving landscape characterized by its diverse Type segmentation, prominently featuring Domestic and Professional categories. In 2024, the overall market is valued at 34.12 USD Billionbillion, showcasing significant activity and investment within the sector. The Domestic segment, which focuses on household applications such as cleaning, security, and assistance, accounted for 15.0 USD Billion billion in 2024. However, this segment is projected to see a decline, valued at 10.266 USD Billion in 2035. This decrease may stem from market saturation and increased competition among service robots designed for home use, impacting its their growth trajectory.
On the other hand, the Professional segment, which covers applications in healthcare, education, logistics, and hospitality, represented a notable share with a valuation of 19.12 USD Billion billion in 2024. This segment remains significant, though it is anticipated to experience a reduction in valuation to 11.464 USD Billion billion by 2035. Factors impacting the Professional segment could include the high initial investment costs of specialized robots and the need for robust regulatory frameworks that ensure safety and effectiveness. Despite the expected contraction in both segments, the Service Robotics Market remains pivotal in enhancing productivity and efficiency in various sectors.
The industry witnesses growing demand driven by advancements in technology and increasing labor shortages, which necessitate the deployment of robots to assist in numerous tasks. As companies recognize the value of integrating service robots into their operations, opportunities for innovation and expansion in both Domestic and Professional segments continue to arise. Understanding the Service Robotics Market data reveals important industry trends, including an emphasis on the critical role of automation in both home and professional environments, reaffirming the necessity of effective solutions to address Labor-related challenges globally.
Additionally, market players must navigate challenges such as consumer acceptance and technological integration, particularly in the Domestic segment where user-friendliness is paramount. Despite the challenges faced, the opportunities for growth within the Service Robotics Market could be harnessed through focused Research and Development to enhance robot capabilities, improve user interaction, and broaden the applications within both Domestic and Professional categories. As industry players continue to innovate and adapt to changing market conditions, the ongoing evolution of service robots is set to redefine how tasks are performed across both personal and professional settings.
Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review
The Service Robotics Market is experiencing steady growth driven by various end user sectors, with a projected valuation of 34.12 USD Billion billion in 2024. This market includes diverse applications such as Healthcare, Defense, Electronics, Automotive, Transportation, and Construction, all playing crucial roles in the adoption and development of service robots. Within Healthcare, for example, robotic assistance in surgeries and patient care is gaining traction, enhancing efficiency and outcomes. The Defense sector leverages robotics for surveillance, tactical operations, and various support roles, ensuring safety and precision.
In the Electronics and Automotive industries, robots are utilized in assembly lines for increased productivity and quality control. Transportation also benefits as robotic technologies improve logistics and supply chain management. The Construction segment is witnessing significant innovations, with robotic solutions aiding in labor-intensive tasks, leading to enhanced safety and efficiency at construction sites. The diverse applications across these end user sectors highlight the Service Robotics Market segmentation, showcasing its potential to transform various industries by enhancing productivity, precision, and safety, while also responding to emerging trends like automation and smart technology integration.
The Service Robotics Market demonstrates diverse regional dynamics reflecting distinct trends and market valuations. In 2024, North America leads with a valuation of 10.817 USD Billionbillion, showcasing significant market growth due to advancements in technology and increased adoption in sectors like healthcare and logistics. Europe follows closely with a valuation of 9.272 USD Billionbillion, driven by strong manufacturing bases and technology investment. Meanwhile, Asia Pacific, valued at 10.302 USD Billion, is witnessing rapid growth, attributed to a large population and increasing demand for automation.
South America, with a valuation of 2.575 USD Billion, and the Middle East and Africa, valued at 1.154 USD Billion, represent emerging markets in the service robotics sector, benefiting from rising investments in infrastructure and a growing emphasis on automation. The variations in regional valuations reflect not only market size but also economic activities, industry shifts, and investments being made in innovative technologies, all contributing to the Service Robotics Market statistics. The dominance of North America and Asia Pacific underscores ongoing trends toward greater efficiency and productivity, affecting the overall market growth trajectory.
Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review
The Service Robotics Market has been experiencing significant growth, largely driven by advancements in technology, rising labor costs, and a growing demand for automation across various sectors. This market encompasses a range of robotic applications, including but not limited to logistics, healthcare, hospitality, and domestic services. As businesses increasingly recognize the value of robotic assistance in enhancing productivity and operational efficiency, competition in this market intensifies. Companies are innovating their product offerings, focusing on integrating artificial intelligence, machine learning, and improved user interface capabilities within their robotic systems. The competition is characterized not just by technological advancements but also by strategic partnerships, mergers, and acquisitions aimed at consolidating market presence and expanding capabilities.
ABB has established a formidable presence in the Service Robotics Market, recognized for its strong focus on innovation and reliability in robotics solutions. The company's strengths lie in its cutting-edge technology and extensive portfolio that includes collaborative robots and industrial automation solutions. ABB has maintained a competitive edge through continuous research and development efforts, allowing it to introduce state-of-the-art robotics systems that cater not only to manufacturing but also to various service-oriented applications. Their ability to integrate robotics with digital solutions stands out, as it helps businesses streamline operations. Additionally, ABB's global reach and solid customer relationships further bolster its position, enabling it to respond effectively to evolving market demands and enhance customer satisfaction through tailored solutions.
Intuitive Surgical is another key player in the Service Robotics Market, particularly noted for its pioneering work in robotic-assisted surgery. The company has developed advanced surgical systems, with its flagship product being the da Vinci Surgical System, which is widely recognized in healthcare settings for minimally invasive procedures. Intuitive Surgical's strengths include its robust product support, a growing portfolio of surgical instruments, and a strong presence in key international markets. The company continuously invests in research and development to enhance its technology and expand its product line, which sets it apart in the competitive landscape. Mergers and acquisitions aimed at strengthening its technological capabilities have also positioned Intuitive Surgical favorably for future growth. The company's relentless focus on enhancing patient outcomes and increasing medical professionals' efficiency remains a cornerstone of its strategy in the Service Robotics Market, ensuring it remains a leader in innovative surgical solutions.
ABB
Intuitive Surgical
KUKA
SoftBank Robotics
Adept Technology
Cyberdyne
Blue Ocean Robotics
Savioke
Honda
Teradyne
Yaskawa Electric
Fanuc
Nuro
Amazon Robotics
The Service Robotics Market has seen a lot of changes in the last few months. Companies like ABB and Intuitive Surgical are at the forefront of automation and healthcare robotics. In October 2023, SoftBank Robotics said it would release an improved version of its Pepper humanoid robot, which would be more useful in customer service and hospitality. In September 2023, KUKA added AI-enhanced features to its robotics portfolio to make operations more efficient in both industrial and new service applications.
There have also been big changes in market valuations. For example, iRobot saw an increase in demand for autonomous home cleaning solutions, especially in the second half of 2023. Cyberdyne, on the other hand, continued to grow in the rehabilitation robotics market, thanks to global interest in technologies for caring for the elderly and helping people recover from injuries. On the other hand, Yaskawa Electric has been growing through acquisitions, with big investments in medical and assistive robotics in 2022 and 2023.
Amazon Robotics has also been putting more money into warehouse automation technologies, especially automated guided vehicles (AGVs) and fulfillment center robotics, through 2023. This strengthens its position in logistics automation, which is an area that is becoming more similar to service robotics in some applications, like smart inventory systems and last-mile delivery.
Overall, the Service Robotics Market is still changing quickly, with a clear focus on new technologies, AI integration, and strategic partnerships that meet the needs of different industries. The market has grown a lot in the last two to three years. This is because of improvements in machine learning, computer vision, and the need for non-contact, autonomous solutions in both business and home settings.
The Service Robotics Market has witnessed significant developments in recent months, with companies like ABB and Intuitive Surgical leading advancements in automation and healthcare robotics. In October 2023, SoftBank Robotics announced the launch of an upgraded version of its humanoid robot, which is gaining traction in customer service sectors. Meanwhile, KUKA has expanded its robotic solutions portfolio to include more AI-powered features, enhancing operational efficiency. There have also been significant growth trends in valuations, with iRobot and Cyberdyne reporting increased market capitalization due to rising demand for autonomous cleaning solutions and rehabilitation robotics respectively.Â
Merger and acquisition activity has been notable, with Yaskawa Electric announcing the acquisition of Adept Technology in September 2023, reflecting a strategic move to strengthen its offerings in industrial automation. Similarly, Amazon Robotics has been increasing its investments in warehouse automation solutions, further solidifying its position in the logistics sector. Overall, the Service Robotics Market continues to experience dynamic shifts, with an emphasis on technological innovation and strategic partnerships tailored to meet various industry needs. Over the past two to three years, the market has seen substantial growth, driven by advancements in artificial intelligence and machine learning capabilities.
Domestic
Professional
Healthcare
Defense
Electronics
Automotive
Transportation
Construction
North America
Europe
South America
Asia Pacific
Middle East and Africa
| Report Attribute/Metric | Details |
| Market Size 2023 | 29.67 (USD Billion) |
| Market Size 2024 | 34.12 (USD Billion) |
| Market Size 2035 | 158.75 (USD Billion) |
| Compound Annual Growth Rate (CAGR) | -4.02% (2025 - 2035) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | ABB, Intuitive Surgical, KUKA, SoftBank Robotics, Adept Technology, iRobot, Cyberdyne, Blue Ocean Robotics, Savioke, Honda, Teradyne, Yaskawa Electric, Fanuc, Nuro, Amazon Robotics |
| Segments Covered | Type, End User, Regional |
| Key Market Opportunities | Increased demand in healthcare, Automation in agriculture, Growth in hospitality services, Expansion in logistics and delivery, and Development of smart homes |
| Key Market Dynamics | Technological advancements, Increased automation demand, Growing growing labor shortages, Rising service sector applications, Enhanced safety and efficiency |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Service Robotics Market Highlights:
Frequently Asked Questions (FAQ) :
The Service Robotics Market is expected to be valued at 34.12 USD Billion billion by 2024.
The market is expected to experience a negative CAGR of -4.02% from 2025 to 2035.
Domestic Service Robotics is projected to be valued at 15.0 USD Billion in 2024 and 10.266 USD Billion in 2035.
The Professional Service Robotics segment is anticipated to reach 19.12 USD Billion billion by 2024.
North America is expected to hold the largest market share, valued at 10.817 USD Billion billion in 2024.
Europe’s market is expected to be valued at 9.272 USD Billion billion in 2024 and decline to 5.661 USD Billion billion by 2035.
The Asia Pacific region is projected to reach a market value of 10.302 USD Billion billion in 2024.
Key players include ABB, Intuitive Surgical, KUKA, SoftBank Robotics, and iRobot.
The market may face challenges such as declining consumer demand and increased competition from emerging technologies.
South America is expected to be valued at 2.575 USD Billion billion in the Service Robotics Market by 2024.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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