Press release
Transforming Healthcare Through The Surging Role Of Service Robots In Meeting Industry Demands: A Key Factor Shaping the Future of the Service Robotics Market in 2025
Service Robotics Global Market Report 2025
An upswing in the necessity for robotics within the healthcare industry is predicted to propel the expansion of the service robotics market. This sector encompasses entities which offer medical care and produce medical tools or pharmaceuticals. These service robots are utilized within healthcare establishments to manage regular logistical tasks, thereby alleviating the daily pressures experienced by healthcare workers. This allows them a greater amount of time to direct their attention towards immediate patient needs, consequently elevating the overarching standard of patient care. For example, the International Federation of Robotics, a non-profit institution based in Germany dedicated to fostering and shielding the worldwide robotics industry, reported in June 2023 that the figure for industrial robot installations within Europe stood at 72,000 units during 2022, signifying a 6% increment from 2021. Hence, this escalating demand for robotics in healthcare is propelling the growth of the service robot market.
Get Your Service Robotics Market Report Here:
https://www.thebusinessresearchcompany.com/report/service-robotics-global-market-report
How will the growth rate of the service robotics market shape industry trends by 2034?
The market size for service robotics has significantly expanded in the past few years. It is expected to escalate from $60.61 billion in 2024 to $76.98 billion in 2025, with a compound annual growth rate (CAGR) of 27.0%. The historical growth is linked to factors like automation, labor shortage, the aging populace, healthcare requirements, safety considerations, and hazardous environments, as well as the adoption in the service industry.
In the coming years, the market size of service robotics is poised to experience an exponential uptick. It's projected to swell to $213.32 billion in 2029 at a compound annual growth rate (CAGR) of 29.0%. Multiple factors are expected to drive the growth during the forecast period, including investments in research & development, modifications in regulations, consumer robotics, initiatives to build smart cities, and the rise of robotics-as-a-service (RaaS). The forecast period will also see prominent trends such as the advent of adaptive and flexible robots, initiatives towards sustainability, digitization of data security and privacy, the rise of healthcare robotics, and the integration of artificial intelligence.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8213&type=smp
What trends are poised to drive the future success of the service robotics market?
Leading companies in the service robotics market are concentrating on creating innovative technological solutions such as the proprietary mapping technology from Pudu. The aim is to enhance the efficiency of operations, increase positive customer engagement and grow the usability of service robots in several industries. Pudu's exclusive mapping technology facilitates accurate navigation and allows for obstacle evasion for its service robots operating in changing environments. For example, in April 2024, a technology firm based in China introduced BellaBot Pro. This robot uses artificial intelligence to deliver custom greetings and engage with customers. It also incorporates advanced dish recognition skills to boost dining experiences by correctly identifying different meals on the menu.
Which primary segments of the service robotics market are driving growth and industry transformations?
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
Subsegments:
1) By Professional: Healthcare Robots, Logistics Robots, Agriculture Robots, Security And Surveillance Robots, Cleaning Robots, Construction Robots
2) By Personal: Companion Robots, Entertainment Robots, Educational Robots, Assistance Robots
3) By Domestic: Vacuum Cleaning Robots, Lawn Mowing Robots, Pool Cleaning Robots, Window Cleaning Robots, Home Security Robots
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8213
Which geographical regions are pioneering growth in the service robotics market?
North America was the largest region in the service robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the service robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the service robotics market landscape?
Major companies operating 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.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8213&type=smp
What Is Covered In The Service Robotics Global Market Report?
• Market Size Forecast: Examine the service robotics market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the service robotics market for a structured understanding.
• Key Players Overview: Analyze major players in the service robotics market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the service robotics market.
• Segment Contributions: Evaluate how different segments drive overall growth in the service robotics market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the service robotics market.
• Industry Challenges: Identify potential risks and obstacles affecting the service robotics market.
• Competitive Landscape: Review strategic developments in the service robotics market, including expansions, agreements, and new product launches.
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Transforming Healthcare Through The Surging Role Of Service Robots In Meeting Industry Demands: A Key Factor Shaping the Future of the Service Robotics Market in 2025 here
News-ID: 3887358 • Views: …
More Releases from The Business Research Company
2025-2034 Superconducting Quantum Chip Market Outlook: Key Drivers, Emerging Cha …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Superconducting Quantum Chip Market Through 2025?
The market size of superconducting quantum chips has shown a swift expansion in the past few years. It's forecasted to surge from a value of $0.74 billion in 2024, reaching $0.87 billion in 2025, with a…
What Is Driving Global Responsible AI Governance Consulting Market Growth in 202 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Responsible AI Governance Consulting Market Size By 2025?
The market size for responsible AI governance consulting has seen substantial growth recently. Projections show it will expand from $0.29 billion in 2024 to $0.43 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 49.0%.…
Expansion Of Industrial Fleets Fueling The Growth Of The Market Due To Rising E- …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Material Handling Equipment Telematics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the size of the telematics market for material handling equipment has experienced swift growth. The market is projected to increase from $5.42 billion in 2024 to $6.14 billion in 2025,…
Higher Educational Professional Audio-Visual (Pro AV) Market Poised to Hit $5.68 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Higher Educational Professional Audio-Visual (Pro AV) Industry Market Size Be by 2025?
The market size for professional audio-visual (pro av) in the higher education sector has seen robust growth in the past few years. The market is projected to increase from a value of $3.54 billion…
More Releases for Robot
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
