What Has Been the Growth Trajectory of the Professional Service Robots Market?
The professional service robots market has seen considerable growth due to a variety of factors.
• In recent times, the market size for professional service robots has experienced significant expansion. It is projected to increase from $58.51 billion in 2024 to $74.39 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 27.1%. Factors contributing to this growth in the past include labor shortages, industry-tailored solutions, cost-cutting measures, an ageing population, and improvements in safety and efficiency.
What Can Be Expected from the Professional Service Robots Market?
The Professional Service Robots market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the market size of professional service robots is predicted to witness a surge. The anticipated growth rate represents a compound annual growth rate (CAGR) of 28.3%.
, taking the market value up to $201.61 billion by 2029. Various factors triggering this growth within the forecast period include advancements in AI, healthcare innovations, logistics and warehousing improvements, the deployment of collaborative robots (cobots), and autonomous vehicles. Customization and adaptability, regulatory adaptation, personal assistance robots, remote operations, monitoring, and agricultural robotics are amongst the major trends expected to shape this market in the forecast period.
What Are the Critical Driver Fuelling The Professional Service Robots Market's Growth?
An upward trend in automation demand across various sectors is anticipated to boost the expansion of the professional service robot market. Automation implies the use of technology with limited human interaction, incorporating IT, business process automation (BPA), and personal usage such as home automation. Its growing prevalence in multiple industries is attributed to its advantages like improved production speed and efficiency, optimal material usage, enhanced safety measures, labor-focused shortened workweeks, superior product quality, and reduced manufacturing lead times. For instance, the International Federation of Robotics, a German-based non-profit organization advocating for the global robotics industry, reported that robot installations in Canada saw an increase of 37% to 4,311 units in 2023. As such, the growing need for automation in all industries is fueling the growth of the professional service robot market.
How Is The Professional Service Robots Market segmented?
The professional service robots market covered in this report is segmented –
1) By Type: UAV, Unmanned Ground Based Vehicles, Demining Robots, Defense Robot, Construction Robots, Other Types
2) By Offering: Hardware, Software
3) By Application: Oil And Gas, Construction And Building, Mining And Metallurgical, Defense And Military, Automotive, Medical, Logistics, Other Applications
4) By End-Use: Residential, Commercial, Industrial
Subsegments:
1) By UAV (Unmanned Aerial Vehicles): Fixed-Wing UAVs, Multi-Rotor UAVs, Hybrid UAVs
2) By Unmanned Ground Based Vehicles (UGVs): Wheeled UGVs, Tracked UGVs, Legged Robots
3) By Demining Robots: Manual Demining Robots, Remote-Controlled Demining Robots, Autonomous Demining Robots
4) By Defense Robots: Surveillance Robots, Explosive Ordnance Disposal (EOD) Robots, Combat Support Robots
5) By Construction Robots: Bricklaying Robots, Concrete Printing Robots, Demolition Robots
6) By Other Types: Agricultural Robots, Medical Robots, Hospitality Robots, Underwater Robots
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What New Trends Are Influencing The Professional Service Robots Market?
Leading companies in the professional service robot market are focusing on the development of innovative products like advanced robots to enhance their customer reach, boost sales, and generate greater revenue. A state-of-the-art robot is a cutting-edge robotic system equipped with the latest features, capabilities, and innovative elements, typically symbolizing the zenith of present-day technological advancements in the field of robotics. For example, Amazon, an American e-commerce firm, introduced Sparrow, a smart robotic system, in November 2022. Sparrow, setting new trends in warehouse robotics for Amazon, is unique in its ability to independently recognize, select, and manage individual items in its inventory. Using computer vision and AI to identify and handle a vast spectrum of millions of items, Sparrow signifies a momentous advancement in industrial robotic technology.
Who Are the Key Players In The Professional Service Robots Market?
Major companies operating in the professional service robots market include:
• Northrop Grumman Corporation
• Boston Dynamics Inc.
• Daifuku Co. Ltd.
• Aethon Inc.
• Electrolux AB
• Kuka AG
• iRobot Corporation
• Robert Bosch GMBH
• Elbit Systems Ltd.
• Gecko Systems International Corporation
• Yujin Robot Co. Ltd.
• Cyberdyne Inc.
• Ontario Drive & Gear Ltd.
• Softbank Robotics Group
• Ryonic Robotics
• Brokk AB
• Husqvarna Group
• Beijing Borui Intelligent Control Technology
• Honeybee Robotics LLC
• Pure Technologies Ltd.
• Hanool Robotics Crop.
• Diakont
• Conjet AB
• TopTec Spezialmaschinen GmbH
• ULC Robotics International Limited
• Giant Hydraulic Tech Co. Ltd.
• Intuitive Surgical Inc.
• JD.com Inc.
• Samsung Electronics Co. Ltd.
• SZ DJI Technology Co. Ltd.
• Kongsberg Maritime AS
• DeLaval International AB
• Exyn Technologies
• XAG Co Ltd.
• Diligent Corporation
What Is The Most Dominant Region In The Professional Service Robots Market?
North America was the largest region in the professional service robots market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the professional service robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
