Press release
Professional Service Robots Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Professional Service Robots
What Is the Projected Growth of the Professional Service Robots Market?
In recent times, the market size for professional service robots has seen a significant surge. The market is set to rise from a value of $58.51 billion in 2024, progressing to a worth of $74.39 billion in 2025 with a compound annual growth rate (CAGR) of 27.1%. This growth pattern during the historical period can be linked to several factors including labor scarcity, tailored solutions for various industries, cost curtailment, an increasingly aging population, and heightened focus on safety and efficiency.
The market size for professional service robots is predicted to experience a significant increase in the coming years, with estimations suggesting it will reach $201.61 billion by 2029, expanding at a compound annual growth rate (CAGR) of 28.3%. Factors contributing to this growth over the forecasted period include advancements in artificial intelligence, innovations within the healthcare sector, developments in logistics and warehousing, the integration of collaborative robots (cobots), and the introduction of autonomous vehicles. Key trends expected during the forecast period consist of customization and adaptability, adaptation to regulations, the rise of personal assistance robots, the pivot to remote operations and monitoring, and the emergence of agricultural robotics.
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What Are the Different Professional Service Robots Market Segments?
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 Are the Primary Drivers Shaping the Professional Service Robots Market?
The growing need for automation in different industries is predicted to surge the expansion of the professional service robot market. Minimal human intervention is a characteristic of automation, which includes IT, business process automation, and personal applications such as home automation. Its popularity is growing in various sectors due to the advantages it offers, such as increased production rates, effective use of resources, improved security, reduced working hours, superior product quality, and decreased production lead times. In support of this, the International Federation of Robotics, a non-profit organization from Germany supporting, reinforcing, and defending the global robotics industry, confirmed in September 2024 that robotic installations in Canada saw an increase of 37% to 4,311 units in 2023. As a result, the escalating demand for automation across various sectors propels the expansion of the professional service robot market.
Which Companies Are Leading in the Professional Service Robots Market?
Major companies operating in the professional service robots market are 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 Are the Major Trends Shaping the Professional Service Robots Market?
Leading corporations in the professional service robot market are paving the way with innovative products, including cutting-edge robots, in an attempt to tap into larger customer segments, boost sales and heighten revenue. A state-of-the-art robot signifies a highly progressive and technologically advanced robotic system incorporating the very latest features, capabilities, and innovations and often symbolizes the peak of modern robotic technology advancements. One such example is the November 2022 launch of Sparrow, an intelligent robotic system, by the US-based e-commerce giant, Amazon. The singular characteristic that sets Sparrow, Amazon's trailblazing robotic system in warehouses, apart is its ability to autonomously discern, select and manage individual products within its inventory. Symbolizing a considerable progression in industrial robotics technology, Sparrow employs computer vision and artificial intelligence (AI) to identify and manipulate a broad assortment of millions of items.
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What Are the Top Revenue-Generating Geographies 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Professional Service Robots Market?
2. What is the CAGR expected in the Professional Service Robots Market?
3. What Are the Key Innovations Transforming the Professional Service Robots Industry?
4. Which Region Is Leading the Professional Service Robots Market?
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