The Service Robotics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Service Robotics Market?
The market size of the service robotics industry has seen remarkable growth in the past few years. The market size is projected to increase from $60.61 billion in 2024 to $76.98 billion in 2025, reflecting a compound annual growth rate (CAGR) of 27.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Service Robotics Industry?
The Service Robotics market is projected to reach a market size of $213.32 billion in 2029. The market is also expected to grow at a compound annual growth rate (CAGR) of 29.0%.
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What are the Key Growth Drivers Fueling the Service Robotics Market?
The key drivers in the service robotics market are:
• Increase in investment in research and development
• Adaptation of regulatory standards
• Surge in consumer robotics usage
• Advancement in smart city initiatives and Robotics-as-a-Service (RaaS)
Global Market Segmentation: Identifying Major Service Robotics Industry Segments
The service robotics market covered in this report is segmented –
1) By Type: Professional, Personal And Domestic
2) By Component: Hardware, Software
3) By Environment: Aerial, Ground, Marine
4) By End-User: Healthcare, Defense, Electronics, Automotive, Transportation, Construction, Other End Users
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What are the Emerging Trends Shaping the Future of the Service Robotics Market?
The key trends in the service robotics market are:
• The development of adaptive and flexible robots is a prominent emerging trend.
• Sustainability initiatives within service robotics are becoming increasingly prevalent.
• The digitalization of data security and privacy is shaping the future of the market.
• Integration of artificial intelligence in healthcare robotics is a major upcoming trend.
Who Are the Top Competitors & Leading Players in the Service Robotics Market?
Major companies in the service robotics market are:
• Parrot SA
• Aethon Inc.
• Honda Motor Co. Ltd.
• Panasonic Holdings Corporation
• Yujin Robot Co. Ltd.
• Samsung Group
• iRobot Corporation
• Robert Bosch GmbH
• Kongsberg Maritime
• Daifuku Co. Ltd.
• Omron Corporation
• SoftBank Group Corp.
• Boston Dynamics Inc.
• ABB Robotics
• KUKA Roboter GmbH
• FANUC Robotics America Inc.
• Yaskawa Motoman Robotics Inc.
• Universal Robots A/S
• Clearpath Robotics Inc.
• Fetch Robotics Inc.
• Locus Robotics
• Sarcos Robotics
• Knightscope Inc.
• Seegrid Corporation
• Simbe Robotics Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the service robotics market in 2024
